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By Michel Ghertman, Margaret Allen (auth.)

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Penetration of Multinational Enterprises in Manufacturing Industry in Member Countries (OECD, 1977), pp. 29-31. 54 e. The United States is the only country for which the figures are directly available: Ned G. Howenstine, 'Gross Product of US Affiliates of Foreign Companies', Survey of Current Business (1979), Table 4, p. 30. f. 1974 figure for Japan. g. For France, estimate made by averaging the figure for Germany and the figure for Great Britain. NOTES ........ ~ ;:: cs· ;:: ~ ("") .... <::;- l:l ;:: 0 ::::-.

Cs· ;:: ~ ("") .... <::;- l:l ;:: 0 ::::-. l:l s· .... :;:: ~ - ~ ~ 48 An Introduction to the Multinationals That of the country is obtained by adding up all the wealththe 'value added' 4 - produced annually by all its economic agents including companies. As for turnover, it is a microeconomic variable. It is, in fact, made up of the value added and the intermediate consumption of goods and/or services coming from other companies, purchases of energy, raw materials and components which are essential to production.

DECISION- MAKING Who then makes the decisions within the multinationals, and how are they made? Is the process any different from that of the uninational firms? The answer seems to come too quickly, as in an easy classroom exercise: the process must be much more complicated in the multinationals - the men must be more intelligent and have access to sophisticated computer information in making decisions. It is also relatively easy to imagine an all-powerful chairman hidden in his office making all the decisions.

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