By Hans Gunter
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Extra info for Transnational Industrial Relations: The Impact of Multi-National Corporations and Economic Regionalism on Industrial Relations
1 Our purpose in this paper is to raise some researchable questions on the conditions facilitating development of a worldwide (or geocentric) orientation in the leadership of society's central institutions. For despite the aforementioned ethnocentric symptoms, it seems evident that all institutions and their constituent individuals must willingly or unwillingly develop some geocentric niche in the last third of the twentieth century, either in terms of markets for the firm and State or working conditions and pay policies for unions.
Growing world markets 3. Local customers demand for best product at fair price 4. Host country's desire to increase balance of payments I. Management inexperience in overseas markets 2. National-centred reward and punishment structure 3. Mutual distrust between home country people and foreign executives 4. Resistance to letting foreigners into the power structure 5. Anticipated costs and risks of geocentrism I. Economic nationalism in host and home countries 2. Political nationalism in host and home countries 3.
The Polish-made motors are jointly sold by Leyland and the Poles in a third country. Simmons Machine Tool Corporation of the United States has agreed with Czechoslovakia's Skoda to have the latter produce a line of specialised heavy equipment under the Simmons-Skoda trademark. Krupp of Essen and the Csepel Machine Tool of Hungary factory have jointly developed digitally controlled short lathes on German designs and drawings which are to be exported to Germany and third markets. Italy's Officine Meccaniche Gaitano Zocca has set up a 50-50 trading company in Switzerland with Bulgaria's Machine Export, the foreign trade organisation handling industrial machinery to sell grinding machines worldwide.