Multinational Corporation

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  • When Your Chinese Employees Lose Face, You Lose Them

    forbes.com 1 day, 18 hours ago

    The scene: In the Shanghai office of a U.S. multinational corporation, Head of Sales, expat Ian Foster meets with his local direct reports to discuss last month's target shortfall.?? Regional Sales Manager Yuan Li is questioned repeatedly about his team's continuing underperformance. Foster openly states his disappointment that issues previously highlighted about Li's sales team ...

  • One Million Dollars Isn't What It Used To Be

    forbes.com 1 hour, 52 minutes ago

    There was a time the word "millionaire" carried cachet. According to the Oxford English Dictionary, the word was first used in French in the early eighteenth century and in English nearly a century later. Regardless of your station in French society in 1719, you would recognize a net worth of one million livres being notable. ...

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