Wednesday, November 20, 2013

Multinationals and their impacts

In the talent management class this morning, prof Monika opened the floor for discussion on compensation policies of Costco vis-a-vis Wallmart - to send the message that higher employee salaries and employee benefits can yield better results in stock market and in market share.

After spending a good hour and a half on what wallmart is doing and what Costco is doing, it was time for BGS class with Jeff.

In this class, we discussed the reaction of Chiquita - one of the prominent players in Banana market - to changing markets and policies; what went wrong and what could have been done better. And then, it was the Pharma companies with their lobbying for intellectual property rights protection back in the 90's and how the changing political and health issues landscape made them change their stance eventually.

It was an interesting day where we discussed four different companies, and how their policies and lobbying and positions on certain issues and aspects, made an impact in lives of general population, and what could have been done better.

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