James E. Austin’s case studies are designed to help managers effectively compete in the Third World business environment. Designed for business school courses and in-house company training programs, this companion to Managing in Developing Countries presents 35 case studies organized around Professor Austin's Environmental Analysis Framework, a powerful, field-tested tool designed to help managers examine, prepare for and compete in the Third World business environment. Through comprehensive and thoroughly tested classroom-tested cases, Austin systematically examines the economic, political, and cultural factors of each country at international, national, industry, and company levels. The cases also reveal the critical strategic issues and operating problems that managers will encounter in developing countries--in governmental relations, finance, marketing, production, and organization.

Infant Feeding is about a controversy which fascinated the medical and scientific world, as well as national and international health authorities, politicians, religious groups and consumer organisations, for more than 11 years. It often disturbed public opinion, being concerned, as it is, with nothing less than the life and death of babies. The infant food industry was directly accused of having caused a decline in breast-feeding through the inappropriate marketing of breast milk substitutes. The problem was said to be particularly acute in poor under-developed communities, because illiterate mothers were unable to understand instructions for its use, water was often contaminated and, in order to "stretch" an admittedly expensive product, it was over-diluted. The inevitable result, said the critics of industry, was malnutrition, gastroenteritis and increased infant mortality. These were very serious charges against companies which had until then been generally considered to provide an important contribution to medical progress and child health. One company was to be particularly singled out: Nestlé SA, the Swiss multinational. Perhaps it became the target because it was the longest establishment, and served well as a symbol of the whole industry. It is a story which is full of confrontations, intrigue and passionately-held opinions, based, nevertheless, on a sizeable body of medical science. After countless twists and turns, it has some sort of "happy ending". Yet a great deal remains to be said, as will be seen throughout the book.

Multinational Corporations and the Impact of Public Advocacy on Corporate Strategy: Nestlé and the Infant Formula Controversy presents an in-depth analysis of the infant formula controversy and the resulting international boycott of Nestlé products launched by various social activist groups and church organizations. The actions of those groups culminated in the passage of the first international marketing code under the auspices of the World Health Organization. Based on exhaustive and unique research, the book details the Nestlé case and uses it to analyze a number of other major issues bearing on contemporary business strategy and operations in the national and international arena. Issues addressed include: The rising phenomenon of social activism and its affect on public opinion and public policy; The changing role of churches and other religious groups and their impact on corporate strategy and behavior; The emergence of UN affiliated international bodies, as both arbiters and regulators of market conduct of multinational corporations; The changing dynamics between multinational corporations and host countries; The factors which determine a company's behavior and its ability to adapt to changing societal expectations. £/LIST£ Multinational Corporations and the Impact of Public Advocacy on Corporate Strategy: Nestlé and the Infant Formula Controversy presents a microcosm of business society conflicts being played out in all parts of the world. This scholarly book will be of great interest to academics in the areas of management, business ethics, social conflict, and international regulation. It will also appeal to a broad corporate and government audience and to anyone interested in contemporary world affairs and the increasing globalization of socio-economic conflicts.

In economic sectors crucial to human welfare – agriculture, education, and medicine – a small number of firms control global markets, primarily by enforcing intellectual property (IP) rights incorporated into trade agreements made in the 1980s onward. Such rights include patents on seeds and medicines, copyrights for educational texts, and trademarks in consumer products. According to conventional wisdom, these agreements likewise ended hopes for a 'New International Economic Order,' under which wealth would be redistributed from rich countries to poor. Sam F. Halabi turns this conventional wisdom on its head by demonstrating that the New International Economic Order never faded, but rather was redirected by other treaties, formed outside the nominally economic sphere, that protected poor countries' interests in education, health, and nutrition and resulted in redistribution and regulation. This illuminating work should be read by anyone seeking a nuanced view of how IP is shaping the global knowledge economy.

This exciting book, edited by Fiona Dykes and Victoria Hall Moran and with a foreword from Gretel Pelto, explores in an integrated context the varied factors associated with infant and child nutrition, including global feeding strategies, cultural factors, issues influencing breastfeeding, and economic and life cycle influences

Out of the Mouths of Babes

What happens to a profession that loses the memory of its moral independence? And what happens then to those reliant on its honor, its advocacy, its initiative? In an era of biotechnological adventure, medical audacity, ecological disruption, fiscal strain, and financial temptation, these are urgent questions for all life scientists and for all they serve. Profession of Conscience is an exposition, analysis, and application of a political-ethical tradition in, of, and for the life sciences, from molecular genetics to clinical medicine to environmental biology. The goal is avoidance of the fate of physics--the previous "super science"--whose technological transformations several generations ago so enhanced its political and economic value to governments, societies, and corporations that it lost control of its own conduct. Profession of Conscience discovers within the life sciences a long-evolving profession-specific standard for political action and activism, tracing it from conception in Hellenic and Roman imperial times, through birth and baptism in the Scientific Revolution, then through a naïvely optimistic adolescence in the nineteenth and early twentieth centuries, and finally into a self-conscious maturity, solemnized at the Nuremberg Trials but tested ever more subtly since, even down to the present day. The protagonist is a set of ideas. The product is "life-sciences liberalism."

The second volume in the Handbook of American Business History series, this book offers concise histories of extractive, manufacturing, and service industries as well as extensive bibliographic essays pointing to the leading sources on each industry and bibliographic checklists. Supplementing other bibliographic materials in business history, this volume provides researchers with a much needed path through the vast array of material available in the library and on the Internet. Indicating which resources to check and which to bypass, the book is a guide to a sometimes overwhelming amount of information. Each of the book's chapters provides a concise industry history, beginning with the industry's rise to importance in the U.S. and continuing to the present. The bibliographic essays provide a narrative outline of the leading sources published or made available in archives, libraries, or museum collections since 1971, when Lovett's American Economic and Business History Information Sources was published. Each discussion concludes with a bibliographic checklist of the titles mentioned in the essay as well as other titles. In a rapidly expanding information society, researchers, teachers, and students may be easily overwhelmed by the exhaustive material available in print and electronically. What is useful and what can be ignored is a strategic question, and few know where to begin. This book provides a guide.

The untold story of how efforts to hold big business accountable changed American capitalism. Recent controversies around environmental, social, and governance (ESG) investing and “woke capital” evoke an old idea: the Progressive Era vision of a socially responsible corporation. By midcentury, the notion that big business should benefit society was a consensus view. But as Kyle Edward Williams’s brilliant history, Taming the Octopus, shows, the tools forged by New Deal liberals to hold business leaders accountable, such as the Securities and Exchange Commission, narrowly focused on the financial interests of shareholders. This inadvertently laid the groundwork for a set of fringe views to become dominant: that market forces should rule every facet of society. Along the way, American capitalism itself was reshaped, stripping businesses to their profit-making core. In this vivid and surprising history, we meet activists, investors, executives, and workers who fought over a simple question: Is the role of the corporation to deliver profits to shareholders, or something more? On one side were “business statesmen” who believed corporate largess could solve social problems. On the other were libertarian intellectuals such as Milton Friedman and his oft-forgotten contemporary, Henry Manne, whose theories justified the ruthless tactics of a growing class of corporate raiders. But Williams reveals that before the “activist investor” emerged as a capitalist archetype, Civil Rights groups used a similar playbook for different ends, buying shares to change a company from within. As a rising tide of activists pushed corporations to account for societal harms from napalm to environmental pollution to inequitable hiring, a new idea emerged: that managers could maximize value for society while still turning a maximal profit. This elusive ideal, “stakeholder capitalism,” still dominates our headlines today. Williams’s necessary history equips us to reconsider democracy’s tangled relationship with capitalism.