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PREPARING FOR THE FUTURE: EVOLUTION OF THE TRANSNATIONAL SUMMARY AND ASSOCIATED CURRENT DEVELOPMENTS Prepared By: Stephen Shank and Scott Stiverson Professor: Dr. Nabarun Ghose Global and Transnational Management MGT614 (90) Tiffin University Spring Term I - 2004 February 4, 2004 Tiffin University Identification Numbers: 3108 / 0862 SECTION I - CHAPTER SUMMARY INTRODUCTION In the 17th century, English dramatist and novelist Henry Fielding quoted "Now, in reality, the world have paid too great a compliment to critics, and have imagined them to be men of much greater profundity then they really are." This statement applies to critics of Multinational Corporations (MNCs) who have been quick to point-out the difficulties companies had during the recessionary period of the late 20th and early 21st centuries. American giants such as Ford and Boeing as well as established European firms (ABB, Olivetti, and Philips) and even Japanese firms (Mazda, Yamaha, Toshiba) have struggled mightily and have been vulnerable targets for critics. These critics...

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