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Business Finance

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Answer the following questions based on the information in the case, “MMC China Joint Venture” in the textbook :

  1. Is it right for MMC to hold Ross to the same performance goals as managers of units in other countries? What other approach might it adopt?
  2. Why had bringing in specialists from the United States nor worked at MMC? Why did Ross’s strategy of sending Chinese employees to the United States for training produce better results? What are the lessons learned here?
  3. What changes could the HR department at MMC make to improve its utilization of human capital and facilitate knowledge transfers within the company?

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Case Study of MMC Corporation
1.

MMC as a company is not right to hold Ross to the same performance goals as managers of

other units in other countries since the operations in China are somehow different from other
countries. The presence of a joint venture has severely affected the decision-making authority of
Ross since he is tied up as to the high number of the workforce that is currently employed by the
company that is eating up to the profits of the business. The workforce is larger than what can be
considered ideal and there are no reported cases of other branches in other countries having
similar problems.
The approach that the com...


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