Write an essay (2,500-3,000 words) on one of the following questions.

1. “Multinational companies (MNCs) must always adapt to the host country environment they are operating in”. Critically discuss this statement with reference to US MNCs in China or India.

2. “Are international framework agreements (IFAs) better understood as a feature of ‘corporate social responsibility’ (CSR) or of industrial relations practices?”