Claude Younger
capital of South Carolina Southern University
December 18, 2011
Company Overview
International Business Machines (IBM) turn degree Celsius in 2010, has universal USD revenues of $100 billion, over $100 billion in assets and net income of $14.8 billion. In 2010 there were 426,751 employees ballwide but IBM stopped providing U.S. employee numbers in 2008. In 2009, during congressional hearings, IBM officials testified that there were 105,000 U.S. employees and its 2009 annual report claimed 386,000 total which means 25% were U.S. (Thibodeau, 2009) (Thibodeau E. , 2010) (IBM, 2011)
IBM operates in 170 of the 196 countries in the world and 60% of their revenues are non-U.S. Their fastest growing markets are Brazil, China, India and Russia. (IBM, 2011) (Rosenburg, 2011)
Market and Legal Systems
By operating in 87% of the countries of our world they encounter each(prenominal) types of market and legal systems. IBM supports the World Trade Organizations Doha Round services negotiations in hopes that these and other multi-lateral plenty agreements willing allow faster and more efficient supranational growth. The alternative is Free Trade Agreements with individual countries.
(IBM, 2011)
When the economics, laws, politics or culture dictate it, IBM sets up a wholly-owned subsidiary. This is the case with IBM Thailand where I spent the bulk of my international time. Business rules favor companies who will incorporate as Thai entities with Thai board members and executives. in that respect is relief from double taxation and incentives from the Thailand Board of Investment. (Healy Consultants, 2011)
Thailand is a inherent Monarchy with the same government branches as the U.S.; Executive, Legislative and Judicial, with some differences. The worlds longest reigning monarch (65 ½ years), His Majesty poove Bhumibol Adulyadej, is Head of State and highly revered by the Thais. He can issue pardons but his primary function is...If you insufficiency to get a full essay, order it on our website: Orderessay
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