How Technology Companies Avoid Taxes: Irish Paradise

The U.S. corporate tax is one of the highest in the world; in the last forty years, succeeding Democrat and Republican governments identified corporations as a source of income, and corporation tax reached 35% during the Obama administration; one of the main objectives of the Tax Cuts and Jobs Act of 2017, promoted by President Trump, was the reduction of the corporate tax rate to … Continue reading How Technology Companies Avoid Taxes: Irish Paradise

Whirlpool’s Business in Europe

Whirlpool is one of the oldest American appliances brands; since 1911, it was a leader in the household appliances industry; for 70 years, it was a domestic market-oriented business, but in the early 80’s it began to internationalize with the first manufacturing plants in Mexico and India; In 1986, the German company Kitchen Aid Division was acquired, and the company expanded to a global market. … Continue reading Whirlpool’s Business in Europe

Failed strategic alliances: Danone case study

Failed strategic alliances: Danone case study Multinational firms face many difficulties in entering a foreign market, especially if they have a different language, business culture, regulations, and market expectations; globalization can be a costly choice. According to Griffin and Pustay (2015), the organization has to organize decision making, distribution, advertising, marketing, and financial decisions. One way to avoid the long and expensive path of starting … Continue reading Failed strategic alliances: Danone case study

International Wine Trade

Since ancient times, the wine trade has been an important international market:  Greeks, Romans, Egyptians, and almost every civilization produced wine and export or import it. In the modern era, wine is a coveted good, and the global market experienced rapid growth. According to Mariani, Pomario, and Boatto (2012), in the 1960s, the export share of global wine production was 10%, and in 1990 it … Continue reading International Wine Trade