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168-586: Robert Bosch GmbH ( / b ɒ ʃ / ; German: [bɔʃ] ), commonly known as Bosch (styled BOSCH ), is a German multinational engineering and technology company headquartered in Gerlingen , Baden-Württemberg , Germany . The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 94% owned by the Robert Bosch Stiftung , a charitable institution. Although

336-650: A fascist party with similar policies and objectives came into power in Italy, the National Fascist Party , under the leadership of the charismatic Benito Mussolini . The Fascists, like the Nazis, promoted a national rebirth of their country, as they opposed communism and liberalism; appealed to the working-class; opposed the Treaty of Versailles ; and advocated the territorial expansion of their country. Hitler

504-623: A totalitarian regime known as the Third Reich and became dictator with absolute power . Following the military defeat of Germany in World War II , the party was declared illegal. The Allies attempted to purge German society of Nazi elements in a process known as denazification . Several top leaders were tried and found guilty of crimes against humanity in the Nuremberg trials , and executed. The use of symbols associated with

672-486: A "people's community" ( Volksgemeinschaft ). The party aimed to unite "racially desirable" Germans as national comrades while excluding those deemed to be either political dissidents, physically or intellectually inferior, or of a foreign race ( Fremdvölkische ). The Nazis sought to strengthen the Germanic people, the " Aryan master race ", through racial purity and eugenics , broad social welfare programs, and

840-662: A $ 1.2 billion class-action against Bosch and Continental AG in the United States after VW was forced to reduce production due to a lack of automotive microchips. On January 26, 2021, the US Court of Appeals for the Ninth Circuit affirmed that Bosch won on all claims. In January 2020, Bosch Packaging Technology became Syntegon. In June 2021, Bosch christened its newly built semiconductor manufacturing plant in which it invested $ 1.2 billion, its largest-ever spending on

1008-472: A Catholic monarch; and Westphalia , along with working-class "Red Berlin", were always the Nazis' weakest areas electorally, even during the Third Reich itself. The areas of strongest Nazi support were in rural Protestant areas such as Schleswig-Holstein , Mecklenburg , Pomerania and East Prussia . Depressed working-class areas such as Thuringia also produced a strong Nazi vote, while the workers of

1176-634: A Jewish-dominated movement and denounced capitalists for war profiteering in World War I. Drexler saw the political violence and instability in Germany as the result of the Weimar Republic being out-of-touch with the masses, especially the lower classes. Drexler emphasised the need for a synthesis of völkisch nationalism with a form of economic socialism , in order to create a popular nationalist-oriented workers' movement that could challenge

1344-766: A basis in a national ethos , being ultimate without a specific nationhood, and that this lack of an ethos appears in their ways of operating as they enter into contracts with countries that have low human rights or environmental standards . In the world economy facilitated by multinational corporations, capital will increasingly be able to play workers, communities, and nations off against one another as they demand tax, regulation and wage concessions while threatening to move. In other words, increased mobility of multinational corporations benefits capital while workers and communities lose. Some negative outcomes generated by multinational corporations include increased inequality , unemployment , and wage stagnation . Raymond Vernon presents

1512-590: A bystander lay dead. Hitler, Ludendorff and a number of others were arrested and were tried for treason in March 1924. Hitler and his associates were given very lenient prison sentences. While Hitler was in prison, he wrote his semi-autobiographical political manifesto Mein Kampf ("My Struggle"). The Nazi Party was banned on 9 November 1923; however, with the support of the nationalist Völkisch-Social Bloc ( Völkisch-Sozialer Block ), it continued to operate under

1680-489: A collective subordination of individual rights, which could be sacrificed for the good of the state on behalf of the people. To protect the supposed purity and strength of the Aryan race, the Nazis sought to disenfranchise, segregate, and eventually exterminate Jews , Romani , Slavs , the physically and mentally disabled , homosexuals , Jehovah's Witnesses , and political opponents. The persecution reached its climax when

1848-508: A corporation invests in a country in which it is not domiciled, it is called foreign direct investment (FDI). Countries may place restrictions on direct investment; for example, China has historically required partnerships with local firms or special approval for certain types of investments by foreigners, although some of these restrictions were eased in 2019. Similarly, the United States Committee on Foreign Investment in

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2016-527: A development which was formally documented by the merger of the offices of Reichsführer-SS and Chief of the German Police on 17 June 1936, as the position was held by Heinrich Himmler who derived his authority directly from Hitler. The Sicherheitsdienst (SD, formally the "Security Service of the Reichsführer-SS") that had been created in 1931 as an intraparty intelligence became

2184-429: A free market system where there is little government interference. As a result, international wealth is maximized with free exchange of goods and services. To many economic liberals, multinational corporations are the vanguard of the liberal order. They are the embodiment par excellence of the liberal ideal of an interdependent world economy. They have taken the integration of national economies beyond trade and money to

2352-610: A league called the Freier Arbeiterausschuss für einen guten Frieden (Free Workers' Committee for a good Peace) was created in Bremen , Germany. On 7 March 1918, Anton Drexler , an avid German nationalist, formed a branch of this league in Munich . Drexler was a local locksmith who had been a member of the militarist Fatherland Party during World War I and was bitterly opposed to the armistice of November 1918 and

2520-490: A million troops to help, and by February 1991, Iraqi forces were expelled from Kuwait. Due to the oil boycott from Kuwait and Iran, oil prices rose and quickly recovered. Saudi Arabia once again led OPEC, and thanks to assistance in defending Kuwait, new relations emerged between the USA and OPEC. Operation "Desert Storm" brought mutual dependence among the main oil producers. OPEC continued to influence global oil prices but recognized

2688-483: A ministerial-level post at any level in Germany. In 1931 the Nazi Party altered its strategy to engage in perpetual campaigning across the country, even outside of election time. During 1931 and into 1932, Germany's political crisis deepened. Hitler ran for president against the incumbent Paul von Hindenburg in March 1932, polling 30% in the first round and 37% in the second against Hindenburg's 49% and 53%. By now

2856-555: A month later. In January 1923, France occupied the Ruhr industrial region as a result of Germany's failure to meet its reparations payments. This led to economic chaos, the resignation of Wilhelm Cuno 's government and an attempt by the German Communist Party (KPD) to stage a revolution. The reaction to these events was an upsurge of nationalist sentiment. Nazi Party membership grew sharply to about 20,000, compared to

3024-517: A new South German nation with Austria . In vehemently attacking the man's arguments, Hitler made an impression on the other party members with his oratorical skills; according to Hitler, the "professor" left the hall acknowledging unequivocal defeat. Drexler encouraged him to join the DAP. On the orders of his army superiors, Hitler applied to join the party and within a week was accepted as party member 555 (the party began counting membership at 500 to give

3192-523: A part of or aiding so-called " international Jewry ". The DAP was also deeply opposed to the Treaty of Versailles . The DAP did not attempt to make itself public and meetings were kept in relative secrecy, with public speakers discussing what they thought of Germany's present state of affairs , or writing to like-minded societies in Northern Germany . The DAP was a comparatively small group with fewer than 60 members. Nevertheless, it attracted

3360-419: A party member, abbreviates the party's name ( Nationalsozialist [natsi̯oˈnaːlzotsi̯aˌlɪst] ), and was coined in analogy with Sozi (pronounced [ˈzoːtsiː] ), an abbreviation of Sozialdemokrat (member of the rival Social Democratic Party of Germany ). Members of the party referred to themselves as Nationalsozialisten (National Socialists), but some did occasionally embrace

3528-510: A protest, but had now drawn back from the prospect of actually putting him into power. The Nazis interpreted the result as a warning that they must seize power before their moment passed. Had the other parties united, this could have been prevented, but their shortsightedness made a united front impossible. Papen, his successor Kurt von Schleicher and the nationalist press magnate Alfred Hugenberg spent December and January in political intrigues that eventually persuaded President Hindenburg that it

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3696-871: A sales office for Bosch goods in Calcutta, India. In the years that followed, Bosch concluded contracts in Asia with sales partners in Malaysia, Singapore, Thailand, and what is now Indonesia, for example, and on the American continents with partners in Mexico, Peru, Colombia, and Ecuador. In the 1920s, Bosch expanded its product range to include numerous automotive technology products that were required for cars in everyday use: electric horn (1921), windshield wipers (1926), and direction indicators ("trafficator", 1927). In 1927, Bosch launched injection pumps for diesel. Bosch bought

3864-718: A secret plant for the entire electrical equipment of tanks, tractors, and trucks of the Wehrmacht was built. In 1944, 4,290 men and women worked in the Trillke factory, 2,019 of whom were forced laborers, prisoners of war, and military internees. During the Second World War , there were at least 3,000 workers at the mechanics division at the Bosch Hildesheim plant, almost all of them from nearby occupied countries; there were only 200 recorded German workers. In

4032-562: A shortened version of Ignatius , which was a common name in the Nazis' home region of Bavaria . Opponents seized on this, and the long-existing Sozi , to attach a dismissive nickname to the National Socialists. In 1933, when Adolf Hitler assumed power in the German government, the usage of "Nazi" diminished in Germany, although Austrian anti-Nazis continued to use the term. The use of " Nazi Germany " and "Nazi regime"

4200-519: A single project. In April 2022, Bosch announced to acquire Five.ai, an autonomous driving startup. in April 2022, Bosch announced it had acquired the Dresden -based MEMS micro speaker producer, Arioso Systems. The company will form part of Bosch Sensortec GmbH. In July 2022, Bosch said the company is looking to invest approximately 3 billion euros into its semiconductor chip production and R&D over

4368-615: A society divided along class and party lines. This ideology was explicitly antisemitic. As early as 1920, the party was raising money by selling a tobacco called Anti-Semit . From the outset, the DAP was opposed to non-nationalist political movements, especially on the left, including the Social Democratic Party of Germany (SPD) and the Communist Party of Germany (KPD). Members of the DAP saw themselves as fighting against " Bolshevism " and anyone considered

4536-704: A supplier of an ignition system. In 1902, the chief engineer at Bosch, Gottlob Honold , unveiled the high-voltage magneto ignition system with spark plug . In 1901, Bosch opened its first factory in Stuttgart. In 1906, the company produced its 100,000th magneto. In the same year, Bosch introduced the eight-hour day for workers. In 1910, the Feuerbach plant was founded and built close to Stuttgart. In this factory, Bosch started to produce generators and headlights "Bosch-Light" in 1914. The system had been presented in 1913. The onset of motorization in road traffic meant that

4704-424: A traitor to the party. In the following days, Hitler spoke to several packed houses and defended himself and Esser to thunderous applause. Hitler's strategy proved successful; at a special party congress on 29 July 1921, he replaced Drexler as party chairman by a vote of 533   to   1. The committee was dissolved, and Hitler was granted nearly absolute powers in the party as its sole leader. He would hold

4872-685: A way out of this impasse. The electoral result was the same, with the Nazis and the Communists winning 50% of the vote between them and more than half the seats, rendering this Reichstag no more workable than its predecessor. However, support for the Nazis had fallen to 33.1%, suggesting that the Nazi surge had passed its peak—possibly because the worst of the Depression had passed, possibly because some middle-class voters had supported Hitler in July as

5040-585: A week. Unlike many other members of the organisation, this continued employment provided him with enough money to dedicate himself more fully to the DAP. Hitler's first DAP speech was held in the Hofbräukeller on 16 October 1919. He was the second speaker of the evening, and spoke to 111 people. Hitler later declared that this was when he realised he could really "make a good speech". At first, Hitler spoke only to relatively small groups, but his considerable oratory and propaganda skills were appreciated by

5208-565: Is a brilliant speaker, we can hold out the prospect of an extremely exciting evening". Over the following months, the party continued to attract new members, while remaining too small to have any real significance in German politics. By the end of the year, party membership was recorded at 2,000, many of whom Hitler and Röhm had brought into the party personally, or for whom Hitler's oratory had been their reason for joining. Hitler's talent as an orator and his ability to draw new members, combined with his characteristic ruthlessness, soon made him

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5376-462: Is both a market and a manufacturing location for Bosch. In 2012, Bosch had 34,000 employees and a revenue of 41.7 billion Yuan (about 5 billion Euro) in China. In 2020, Bosch funded the creation of a report entitled Decarbonising Road Transport: There Is No Silver Bullet , which contained disputed information about the environmental performance of electric vehicles . In January 2021, Volkswagen filed

5544-410: Is often handled through international arbitration . The actions of multinational corporations are strongly supported by economic liberalism and free market system in a globalized international society. According to the economic realist view, individuals act in rational ways to maximize their self-interest and therefore, when individuals act rationally, markets are created and they function best in

5712-588: Is the largest automotive supplier . Moreover, it is the biggest supplier of the services in the world. The company started in a backyard in Stuttgart-West as the Werkstätte für Feinmechanik und Elektrotechnik (Workshop for Precision Mechanics and Electrical Engineering) on 15 November 1886. The next year Bosch presented a low voltage magneto for gas engines. From 1897, Bosch started installing magneto ignition devices into automobiles and became

5880-865: Is usually a large corporation incorporated in one country that produces or sells goods or services in various countries. Two common characteristics shared by MNCs are their large size and centrally controlled worldwide activities. MNCs may gain from their global presence in a variety of ways. First of all, MNCs can benefit from the economy of scale by spreading R&D expenditures and advertising costs over their global sales, pooling global purchasing power over suppliers, and utilizing their technological and managerial experience globally with minimal additional costs. Furthermore, MNCs can use their global presence to take advantage of underpriced labor services available in certain developing countries and gain access to special R&D capabilities residing in advanced foreign countries. The problem of moral and legal constraints upon

6048-607: The Reichswehr remained impartial. Nazi power over Germany remained virtual, not absolute. The Nazis embarked on a campaign of Gleichschaltung (coordination) to exert their control over all aspects of German government and society. During June and July 1933, all competing parties were either outlawed or dissolved themselves and subsequently the Law Against the Formation of Parties of 14 July 1933 legally established

6216-635: The Bolsheviks , resonated with wide sections of the electorate. At the September 1930 Reichstag elections , the Nazis won 18% of the votes and became the second-largest party in the Reichstag after the Social Democrats. Hitler proved to be a highly effective campaigner, pioneering the use of radio and aircraft for this purpose. His dismissal of Strasser and his appointment of Goebbels as

6384-620: The Dieselgate scandal. The majority of Bosch Group businesses are grouped into the following four business sectors. The Mobility Solutions business sector accounts for 60 percent of total sales in 2019. Its main areas of activity are injection technology and powertrain peripherals for internal-combustion engines, powertrain electrification, steering systems, safety and driver-assistance systems, infotainment technology as well as vehicle-to-vehicle and vehicle-to-infrastructure communication, repair-shop concepts, and technology and services for

6552-459: The Drive and Control Technology division , whose products include customized drive, control, and linear motion for factory automation, plant construction and engineering, and mobile machinery. The second division, Packaging Technology, provides process and packaging for the pharmaceuticals and foodstuffs industries. Its range includes stand-alone machines, systems, and services. In the early 2000s, it

6720-848: The Dutch East India Company (VOC) founded in 1602. In addition to carrying on trade between Great Britain and its colonies, the British East India Company became a quasi-government in its own right, with local government officials and its own army in India. Other examples include the Swedish Africa Company founded in 1649 and the Hudson's Bay Company founded in 1670. These early corporations engaged in international trade and exploration and set up trading posts. The Dutch government took over

6888-521: The Roseville -headquartered silicon carbide (SiC) power device manufacturer, TSI Semiconductors. In July 2024, Bosch announced the acquisition of Johnson Controls ' heating and air conditioning operations for $ 8 billion. In 2006, Volkswagen executives asked Bosch for help in developing software for their emission defeat devices. Volkswagen is one of Bosch's biggest customers. Volkswagen engineers provided detailed specifications to Bosch, which wrote

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7056-621: The Ruhr and Hamburg largely remained loyal to the Social Democrats , the Communist Party of Germany or the Catholic Centre Party . Nuremberg remained a Nazi Party stronghold, and the first Nuremberg Rally was held there in 1927. These rallies soon became massive displays of Nazi paramilitary power and attracted many recruits. The Nazis' strongest appeal was to the lower middle-classes—farmers, public servants, teachers and small businessmen—who had suffered most from

7224-525: The automotive aftermarket . Particular strategic priorities for the sector include transforming the powertrain and expanding the business in the areas of electrification, automated driving , new electrical and electronic architectures for vehicles, accessing adjacent market segments, and developing additional services. The new Powertrain Solutions division was formed effective 1 January 2018, in order to develop powertrain technology products, regardless of

7392-573: The de facto intelligence agency of Nazi Germany. It was put under the Reich Security Main Office (RSHA) in 1939, which then coordinated SD, Gestapo and criminal police , therefore functioning as a hybrid organisation of state and party structures. Officially, Nazi Germany lasted only 12 years. The Instrument of Surrender was signed by representatives of the German High Command at Berlin , on 8 May 1945, when

7560-671: The "Night of the Long Knives"), Hitler disempowered the SA's leadership—most of whom belonged to the Strasserist (national revolutionary) faction within the NSDAP—and ordered them killed. He accused them of having conspired to stage a coup d'état , but it is believed that this was only a pretense to justify the suppression of any intraparty opposition. The purge was executed by the SS, assisted by

7728-670: The 19th century, such as the Rio Tinto company founded in 1873, which started with the purchase of sulfur and copper mines from the Spanish government. Rio Tinto, now based in London and Melbourne , Australia, has made many acquisitions and expanded globally to mine aluminum , iron ore , copper , uranium , and diamonds . European mines in South Africa began opening in the late 19th century, producing gold and other minerals for

7896-697: The Control Council Law no. 2 Providing for the Termination and Liquidation of the Nazi Organization specified the abolition of 52 other Nazi affiliated and supervised organisations and outlawed their activities. The denazification was carried out in Germany and continued until the onset of the Cold War. Between 1939 and 1945, the Nazi Party led regime, assisted by collaborationist governments and recruits from occupied countries,

8064-725: The Energy and Building Technology business sector generated 7 percent of total Bosch Group sales. Its Building Technologies division (formerly Security Systems) has two areas of business: the global product business for security and communications, and the regional integrator business. The latter offers services for building security, energy efficiency, and building automation in selected countries. Both units focus on commercial applications. The products encompass video surveillance, intrusion detection, fire detection, and voice-alarm systems, as well as access control and professional audio and conference systems. Multinational corporation Most of

8232-551: The English language. Senior officials, although mostly still Swedish, all learned English and all major internal documents were in English, the lingua franca of multinational corporations. After the war, the number of businesses having at least one foreign country operation rose drastically from a few thousand to 78,411 in 2007. Meanwhile, 74% of parent companies are located in economically advanced countries. Developing and former communist countries such as China, India, and Brazil are

8400-562: The Gestapo and Reichswehr units. Aside from Strasserist Nazis, they also murdered anti-Nazi conservative figures like former chancellor von Schleicher. After this, the SA continued to exist but lost much of its importance, while the role of the SS grew significantly. Formerly only a sub-organisation of the SA, it was made into a separate organisation of the NSDAP in July 1934. Upon the death of President Hindenburg on 2 August 1934, Hitler merged

8568-621: The Industrial Technology business sector since the start of 2018. In January 2020, Bosch Packaging Technology became Syntegon The Consumer Goods business sector contributed some 23 percent of total Bosch Group sales in 2019. Its Power Tools division is a supplier of power tools, power tool accessories, and measuring technology. In addition to power tools such as hammer drills , cordless screwdrivers, and jigsaws , its products also include gardening equipment such as lawnmowers , hedge trimmers , and high-pressure cleaners . One of

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8736-575: The International Energy Agency (IEA), enabling states to coordinate policy, gather data, and monitor global oil reserves. In the 1970s, OPEC gradually nationalized the Seven Sisters. The Kingdom of Saudi Arabia, as the only largest world oil producer, could leverage this. However, Saudi Arabia opted for the correct approach and maintained consistent oil prices throughout the 1970s. In 1979, the "second oil shock" came from

8904-543: The Nazi Party might never have come to power had it not been for the Great Depression and its effects on Germany. By 1930, the German economy was beset with mass unemployment and widespread business failures. The Social Democrats and Communists were bitterly divided and unable to formulate an effective solution: this gave the Nazis their opportunity and Hitler's message, blaming the crisis on the Jewish financiers and

9072-404: The Nazi Party's monopoly. On 1 December 1933, the Law to Secure the Unity of Party and State entered into force, which was the base for a progressive intertwining of party structures and state apparatus. By this law, the SA—actually a party division—was given quasi-governmental authority and their Stabschef became a cabinet minister without portfolio . By virtue of the 30 January 1934 Law on

9240-424: The Nazi authorities. In 1937, Bosch AG became a limited liability company ( GmbH ). The Bosch subsidiary Dreilinden Maschinenbau GmbH (DLMG) in Kleinmachnow employed around 5,000 people, more than half of whom were forced laborers , prisoners of war, and female concentration camp prisoners, including many women from the Warsaw Uprising . They had to produce accessories for German Luftwaffe aircraft. In Hildesheim,

9408-416: The Nazi regime. Hitler later claimed to be the seventh party member. He was, in fact, the seventh executive member of the party's central committee and he would later wear the Golden Party Badge number one. Anton Drexler drafted a letter to Hitler in 1940—which was never sent—that contradicts Hitler's later claim: No one knows better than you yourself, my Führer, that you were never the seventh member of

9576-451: The Netherlands has become a popular choice, as its company laws have fewer requirements for meetings, compensation, and audit committees, and Great Britain had advantages due to laws on withholding dividends and a double-taxation treaty with the United States. Corporations can legally engage in tax avoidance through their choice of jurisdiction but must be careful to avoid illegal tax evasion . Corporations that are broadly active across

9744-434: The OLI framework. The other theoretical dimension of the role of multinational corporations concerns the relationship between the globalization of economic engagement and the culture of national and local responses. This has a history of self-conscious cultural management going back at least to the 60s. For example: Ernest Dichter, architect, of Exxon's international campaign, writing in the Harvard Business Review in 1963,

9912-434: The Reconstruction of the Reich , the Länder (states) lost their sovereignty and were demoted to administrative divisions of the Reich government. Effectively, they lost most of their power to the Gaue that were originally just regional divisions of the party, but took over most competencies of the state administration in their respective sectors. During the Röhm Purge of 30 June to 2 July 1934 (also known as

10080-433: The SA had 400,000 members and its running street battles with the SPD and Communist paramilitaries (who also fought each other) reduced some German cities to combat zones. Paradoxically, although the Nazis were among the main instigators of this disorder, part of Hitler's appeal to a frightened and demoralised middle class was his promise to restore law and order. Overt antisemitism was played down in official Nazi rhetoric, but

10248-514: The SA retained some autonomy. Being composed largely of unemployed workers, many SA men took the Nazis' socialist rhetoric seriously. At this time, the Hitler salute (borrowed from the Italian fascists ) and the greeting "Heil Hitler!" were adopted throughout the party. The Nazis contested elections to the national parliament (the Reichstag ) and to the state legislature (the Landtage ) from 1924, although at first with little success. The " National Socialist Freedom Movement " polled 3% of

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10416-512: The State to share profits of land and land for national needs to be taken away without compensation. In general, the manifesto was antisemitic , anti-capitalist , anti-democratic , anti-Marxist and anti-liberal . To increase its appeal to larger segments of the population, on the same day as Hitler's Hofbräuhaus speech on 24 February 1920, the DAP changed its name to the Nationalsozialistische Deutsche Arbeiterpartei ("National Socialist German Workers' Party", or Nazi Party). The name

10584-404: The Third World colonies. That changed dramatically after 1945 as investors turned to industrialized countries and invested in manufacturing (especially high-tech electronics, chemicals, drugs, and vehicles) as well as trade. Sweden's leading manufacturing concern was SKF , a leading maker of bearings for machinery. In order to expand its international business, it decided in 1966 it needed to use

10752-636: The U.S. applies its corporate taxation "extraterritorially", which has motivated tax inversions to change the home state. By 2019, most OECD nations, with the notable exception of the U.S., had moved to territorial tax in which only revenue inside the border was taxed; however, these nations typically scrutinize foreign income with controlled foreign corporation (CFC) rules to avoid base erosion and profit shifting . In practice, even under an extraterritorial system, taxes may be deferred until remittance, with possible repatriation tax holidays , and subject to foreign tax credits . Countries generally cannot tax

10920-450: The United States sanctions against Iran ; European companies faced with the possibility of losing access to the U.S. market by trading with Iran. International investment agreements also facilitate direct investment between two countries, such as the North American Free Trade Agreement and most favored nation status. Raymond Vernon reported in 1977 that of the largest multinationals focused on manufacturing, 250 were headquartered in

11088-506: The United States scrutinizes foreign investments. In addition, corporations may be prohibited from various business transactions by international sanctions or domestic laws. For example, Chinese domestic corporations or citizens have limitations on their ability to make foreign investments outside China, in part to reduce capital outflow . Countries can impose extraterritorial sanctions on foreign corporations even for doing business with other foreign corporations, which occurred in 2019 with

11256-421: The United States $ 327.5 million as compensation for its role in devising the software. Bosch also provided emissions software for Fiat Chrysler's 3.0 L V6 diesel engine used in 100,000 model year 2014–2016 Grand Cherokee SUVs and Ram Trucks and agreed to pay affected consumers $ 27.5 million as part of a broader settlement in January 2019. In May 2019, Bosch paid another $ 100 million fine for its connection to

11424-558: The United States as the largest consumer and guarantor of the existing oil security order. Since the Iraq War, OPEC has had only a minor influence on oil prices, but it has expanded to 11 members, accounting for about 40 percent of total global oil production, although this is a decline from nearly 50 percent in 1974. Oil has practically become a common commodity, leading to much more volatile prices. Most OPEC members are wealthy, and most remain dependent on oil revenues, which has serious consequences, such as when OPEC members were pressured by

11592-461: The United States from 2010. The USA became the leading oil producer, creating tension with OPEC. In 2014, Saudi Arabia increased production to push new American producers out of the market, leading to lower prices. OPEC then reduced production in 2016 to raise prices, further worsening relations with the United States. By 2012, only 7% of the world's known oil reserves were in countries that allowed private international companies free rein; 65% were in

11760-407: The United States, 115 in Western Europe, 70 in Japan, and 20 in the rest of the world. The multinationals in banking numbered 20 headquartered in the United States, 13 in Europe, nine in Japan and three in Canada. Today multinationals can select from a variety of jurisdictions for various subsidiaries, but the ultimate parent company can select a single legal domicile ; The Economist suggests that

11928-475: The VOC in 1799, and during the 19th century, other governments increasingly took over private companies, most notably in British India. During the process of decolonization , the European colonial charter companies were disbanded, with the final colonial corporation, the Mozambique Company , dissolving in 1972. Mining of gold, silver, copper, and oil was a major activity early on and remains so today. International mining companies became prominent in Britain in

12096-674: The Weimar Republic government. Hitler was appointed as Chancellor of Germany on 30 January 1933. The Reichstag fire on 27 February 1933 gave Hitler a pretext for suppressing his political opponents. The following day he persuaded the Reich's President Paul von Hindenburg to issue the Reichstag Fire Decree , which suspended most civil liberties . The NSDAP won the parliamentary election on 5 March 1933 with 44% of votes, but failed to win an absolute majority. After

12264-507: The West to the post-colonial South and invest either in foreign expenditures or ostentatious economic development projects. After 1974, most of the money from OPEC members ceased as payments for goods and services or investments in Western industry. In February 1974, the first Washington Energy Conference was convened. The most significant contribution of this conference was the establishment of

12432-520: The approximate 6,000 at the beginning of 1923. By November 1923, Hitler had decided that the time was right for an attempt to seize power in Munich, in the hope that the Reichswehr (the post-war German military) would mutiny against the Berlin government and join his revolt. In this, he was influenced by former General Erich Ludendorff , who had become a supporter—though not a member—of the Nazis. On

12600-670: The attention of the German authorities, who were suspicious of any organisation that appeared to have subversive tendencies. In July 1919, while stationed in Munich , army Gefreiter Adolf Hitler was appointed a Verbindungsmann (intelligence agent) of an Aufklärungskommando (reconnaissance unit) of the Reichswehr (army) by Captain Mayr , the head of the Education and Propaganda Department (Dept Ib/P) in Bavaria . Hitler

12768-469: The behavior of multinational corporations, given that they are effectively "stateless" actors, is one of several urgent global socioeconomic problems that has emerged during the late twentieth century. Potentially, the best concept for analyzing society's governance limitations over modern corporations is the concept of "stateless corporations". Coined at least as early as 1991 in Business Week ,

12936-449: The charity is funded by owning the vast majority of shares, it has no voting rights and is involved in health and social causes unrelated to Bosch's business. Bosch's core operating areas are spread across four business sectors: mobility (hardware and software), consumer goods (including household appliances and power tools), industrial technology (including drive and control ) and energy and building technology. In terms of revenue, Bosch

13104-742: The collapse of the Shah's regime in Iran. Iran became a regional power due to oil money and American weapons. The Shah eventually abdicated and fled the country. This prompted a strike by thousands of Iranian oil workers, significantly reducing oil production in Iran. Saudi Arabia tried to cope with the crisis by increasing production, but oil prices still soared, leading to the "second oil shock." Saudi Arabia significantly reduced oil production, losing most of its revenues. In 1986, Riyadh changed course, and oil production in Saudi Arabia sharply increased, flooding

13272-516: The colloquial Nazi (so Leopold von Mildenstein in his article series Ein Nazi fährt nach Palästina published in Der Angriff in 1934). The term Parteigenosse (party member) was commonly used among Nazis, with its corresponding feminine form Parteigenossin . Before the rise of the party, these terms had been used as colloquial and derogatory words for a backward peasant , or an awkward and clumsy person. It derived from Ignaz,

13440-654: The companies. This occurred in 1960. Prior to the 1973 oil crisis , the Seven Sisters controlled around 85 percent of the world's petroleum reserves . In the 1970s, most countries with large reserves nationalized their reserves that had been owned by major oil companies. Since then, industry dominance has shifted to the OPEC cartel and state-owned oil and gas companies, such as Saudi Aramco , Gazprom (Russia), China National Petroleum Corporation , National Iranian Oil Company , PDVSA (Venezuela), Petrobras (Brazil), and Petronas (Malaysia). A unilateral increase in oil prices

13608-418: The company grew very rapidly after 1900. While Bosch had a workforce of 45 in 1901, it had grown to more than 1,000 by 1908. In 1913, Bosch founded an apprentice workshop in order to recruit qualified young people for the production of automotive electrics. Bosch's international development began in 1898 with the opening of a branch in London, followed the next year by Paris, Vienna, and Budapest. By 1909, Bosch

13776-510: The conception was theoretically clarified in 1993: that an empirical strategy for defining a stateless corporation is with analytical tools at the intersection between demographic analysis and transportation research. This intersection is known as logistics management , and it describes the importance of rapidly increasing global mobility of resources. In a long history of analysis of multinational corporations, we are some quarter-century into an era of stateless corporations—corporations that meet

13944-643: The creation of a "world customer". The idea of a global corporate village entailed the management and reconstitution of parochial attachments to one's nation. It involved not a denial of the naturalness of national attachments, but an internationalization of the way a nation defines itself. "Multinational enterprise" (MNE) is the term used by international economist and similarly defined with the multinational corporation (MNC) as an enterprise that controls and manages production establishments, known as plants located in at least two countries. The multinational enterprise (MNE) will engage in foreign direct investment (FDI) as

14112-487: The current largest and most influential companies are publicly traded multinational corporations, including Forbes Global 2000 companies. The history of multinational corporations began with the history of colonialism . The first multi-national corporations were founded to set up colonial "factories" or port cities. The two main examples were the British East India Company founded in 1600 and

14280-612: The debate from a neo-liberal perspective in Storm over the Multinationals (1977). Nazi Party Final solution Parties The Nazi Party , officially the National Socialist German Workers' Party ( German : Nationalsozialistische Deutsche Arbeiterpartei   or NSDAP ), was a far-right political party in Germany active between 1920 and 1945 that created and supported

14448-667: The discredited Social Democrats and the Zentrum, whose leader, Heinrich Brüning , headed a weak minority government. The inability of the democratic parties to form a united front, the self-imposed isolation of the Communists and the continued decline of the economy, all played into Hitler's hands. He now came to be seen as de facto leader of the opposition and donations poured into the Nazi Party's coffers. Some major business figures, such as Fritz Thyssen , were Nazi supporters and gave generously and some Wall Street figures were allegedly involved, but many other businessmen were suspicious of

14616-700: The division's focal points is convenient, high-performance cordless tools, and increasingly also web-enabled tools and services. Overlapping with its mobility interests, it provides traction motors for electric bicycles with sophisticated control systems. The Consumer Goods business sector also includes BSH Hausgeräte GmbH, which offers a broad range of modern, energy-efficient, and increasingly connected household appliances. Its products range from washing machines and tumble dryers through refrigerators and freezers, stoves and ovens, and dishwashers, to small appliances such as vacuum cleaners , coffee makers , and food processors . Brands in this sector include: In 2019,

14784-453: The dominant figure. However, while Hitler and Eckart were on a fundraising trip to Berlin in June 1921, a mutiny broke out within the party in Munich. Members of its executive committee wanted to merge with the rival German Socialist Party (DSP). Upon returning to Munich on 11 July, Hitler angrily tendered his resignation. The committee members realised that his resignation would mean the end of

14952-403: The economic and political situation had stabilised and the extremist upsurge of 1923 had faded, so there was no prospect of further revolutionary adventures. Instead, Hitler intended to alter the party's strategy to achieving power through what he called the "path of legality". The Nazi Party of 1925 was divided into the "Leadership Corps" ( Korps der politischen Leiter ) appointed by Hitler and

15120-420: The election, hundreds of thousands of new members joined the party for opportunistic reasons, most of them civil servants and white-collar workers. They were nicknamed the "casualties of March" (German: Märzgefallenen ) or "March violets" (German: Märzveilchen ). To protect the party from too many non-ideological turncoats who were viewed by the so-called "old fighters" (alte Kämpfer) with some mistrust,

15288-547: The electric hydraulic brake, common rail fuel injection with piezo-injectors, digital car radio with a disc drive, and the cordless screwdriver with a lithium-ion battery in 2003. In 2004, Bosch bought Sigpack Systems from SIG . Bosch received the Deutsche Zukunftspreis (German Future Prize) from the German president in 2005 and 2008. A new development center was planned in 2008 in Renningen . In 2014,

15456-508: The energy source. The new division resulted from the merger of the former Gasoline Systems and Diesel Systems divisions. It offers products for powertrain technology, from gasoline and diesel direct injection to electrified powertrains with battery systems and, in the future, it will offer fuel-cell technologies as well. Brands within this sector include: In the 2019 business year, the Industrial Technology business sector generated roughly 10 percent of total Bosch Group sales. The sector includes

15624-504: The extreme nationalist tendencies of the Nazis and preferred to support the traditional conservative parties instead. In 1930, as the price for joining a coalition government of the Land (state) of Thuringia , the Nazi Party received the state ministries of the Interior and Education. On 23 January 1930, Wilhelm Frick was appointed to these ministries, becoming the first Nazi to hold

15792-481: The firm makes direct investments in host country plants for equity ownership and managerial control to avoid some transaction costs . Sanjaya Lall in 1974 proposed a spectrum of scholarly analysis of multinational corporations, from the political right to the left. He put the business school how-to-do-it writers at the extreme right, followed by the liberal laissez-faire economists, and the neoliberals (they remain right of center but do allow for occasional mistakes of

15960-455: The first departments moved to the new center, while the remaining departments followed in 2015. In 2006, Bosch acquired Telex Communications and Electro-Voice . In 2009, Bosch invested about 3.6 billion Euro in development and research. Approximately 3900 patents are published per year. In addition to increasing energy efficiency by employing renewable energies, the company plans to invest in new areas such as biomedical engineering . China

16128-613: The formation of a majority government impossible. The result was weak ministries governing by decree. Under Comintern directives, the Communists maintained their policy of treating the Social Democrats as the main enemy, calling them " social fascists ", thereby splintering opposition to the Nazis. Later, both the Social Democrats and the Communists accused each other of having facilitated Hitler's rise to power by their unwillingness to compromise. Chancellor Franz von Papen called another Reichstag election in November, hoping to find

16296-952: The gas appliances production from Junkers & Co. in 1932, as a part of a diversification strategy. In 1932, the company developed its first electric drill and presented its first car radio. In 1933, Bosch presented its first electric refrigerator for private households. In late 1933 negotiations between Robert Bosch AG and the Nazi Party began on relocating parts of armaments production to Germany's interior. Bosch founded two such alternative plants in 1935 and 1937: Dreilinden Maschinenbau GmbH in Kleinmachnow near Berlin and Elektro- und Feinmechanische Industrie GmbH (later Trillke-Werke GmbH) in Hildesheim . Both plants were used exclusively for armament production. These "shadow factories" were built under great secrecy and in close cooperation with

16464-752: The general membership ( Parteimitglieder ). The party and the SA were kept separate and the legal aspect of the party's work was emphasised. In a sign of this, the party began to admit women. The SA and the SS members (the latter founded in 1925 as Hitler's bodyguard, and known originally as the Schutzkommando ) had to all be regular party members. In the 1920s the Nazi Party expanded beyond its Bavarian base. At this time, it began surveying voters in order to determine what they were dissatisfied with in Germany, allowing Nazi propaganda to be altered accordingly. Catholic Bavaria maintained its right-wing nostalgia for

16632-416: The hands of state-owned companies that operated in one country and sold oil to multinationals such as BP, Shell, ExxonMobil and Chevron. Down through the 1930s, about 80% of the international investments by multinational corporations were concentrated in the primary sector, especially mining (especially oil) and agriculture (rubber, tobacco, sugar, palm oil , coffee, cocoa, and tropical fruits). Most went to

16800-650: The ideology of Nazism . Its precursor, the German Workers' Party ( Deutsche Arbeiterpartei ; DAP), existed from 1919 to 1920. The Nazi Party emerged from the extremist German nationalist (" Völkisch nationalist "), racist and populist Freikorps paramilitary culture, which fought against communist uprisings in post– World War I Germany. The party was created to draw workers away from communism and into völkisch nationalism. Initially, Nazi political strategy focused on anti– big business , anti- bourgeois , and anti-capitalist rhetoric; it

16968-461: The impression they were a much larger party). Among the party's earlier members were Ernst Röhm of the Army's District Command VII; Dietrich Eckart, who has been called the spiritual father of National Socialism; then- University of Munich student Rudolf Hess ; Freikorps soldier Hans Frank ; and Alfred Rosenberg , often credited as the philosopher of the movement. All were later prominent in

17136-509: The inflation of the 1920s, so who feared Bolshevism more than anything else. The small business class was receptive to Hitler's antisemitism, since it blamed Jewish big business for its economic problems. University students, disappointed at being too young to have served in the War of 1914–1918 and attracted by the Nazis' radical rhetoric, also became a strong Nazi constituency. By 1929, the party had 130,000 members. The party's nominal Deputy Leader

17304-576: The international oil market. Iran was unable to sell any of its oil. In August 1953, the then-prime minister was overthrown by a pro-American dictatorship led by the Shah, and in October 1954, the Iranian industry was denationalized. Worldwide oil consumption increased rapidly between 1949 and 1970, a period known as the 'golden age of oil'. This increase in consumption was caused not only by the growth of production by multinational oil companies but also by

17472-415: The internationalization of production. For the first time in history, production, marketing, and investment are being organized on a global scale rather than in terms of isolated national economies. International business is also a specialist field of academic research. Economic theories of the multinational corporation include internalization theory and the eclectic paradigm . The latter is also known as

17640-460: The largest recipients. However, 70% of foreign direct investment went into developed countries in the form of stocks and cash flows. The rise in the number of multinational companies could be due to a stable political environment that encourages cooperation, advances in technology that enable management of faraway regions, and favorable organizational development that encourages business expansion into other countries. A multinational corporation (MNC)

17808-611: The last years of the war, no new German tank ever drove without the starter elements from the Bosch factory in Hildesheim. Bosch also had a monopoly position in the outfitting of German Luftwaffe aircraft. During the war, production was further decentralized, Bosch produced in an ever larger number of factories, and relocated parts of its production to 213 plants in more than 100 locations. In 2001, Bosch acquired Mannesmann Rexroth AG , which they later renamed to Bosch Rexroth AG . In

17976-474: The laws and regulations of both their domicile and the additional jurisdictions where they are engaged in business. In some cases, the jurisdiction can help to avoid burdensome laws, but regulatory statutes often target the "enterprise" with statutory language around "control". As of 1992 , the United States and most OECD countries have the donot legal authority to tax a domiciled parent corporation on its worldwide revenue, including subsidiaries. As of 2019 ,

18144-494: The market with cheap oil. This caused a worldwide drop in oil prices, hence the "third oil shock" or "counter-shock." However, this shock represented something much bigger—the end of OPEC's dominance and its control over oil prices. Iraqi President Saddam Hussein decided to attack Kuwait. The invasion sparked a crisis in the Middle East, prompting Saudi Arabia to request assistance from the United States. The United States sent

18312-543: The marketplace such as externalities). Moving to the left side of the line are nationalists, who prioritize national interests over corporate profits, then the "dependencia" school in Latin America that focuses on the evils of imperialism, and on the far left the Marxists. The range is so broad that scholarly consensus is hard to discern. Anti-corporate advocates criticize multinational corporations for being without

18480-549: The movement. Later in 1918, Karl Harrer (a journalist and member of the Thule Society ) convinced Drexler and several others to form the Politischer Arbeiter-Zirkel (Political Workers' Circle). The members met periodically for discussions with themes of nationalism and racism directed against Jewish people. In December 1918, Drexler decided that a new political party should be formed, based on

18648-522: The name "German Party" ( Deutsche Partei or DP) from 1924 to 1925. The Nazis failed to remain unified in the DP, as in the north, the right-wing Volkish nationalist supporters of the Nazis moved to the new German Völkisch Freedom Party , leaving the north's left-wing Nazi members, such as Joseph Goebbels retaining support for the party. Pardoned by the Bavarian Supreme Court, Hitler

18816-551: The necessary code. Bosch was apparently concerned about the legality of the software and asked Volkswagen to assume responsibility if the fraud was discovered, but Volkswagen refused. Starting in 2008, Bosch supplied approximately 17 million motor control and mixture control devices containing illegal software to various manufacturers both domestically and globally. With such software, the automobiles fitted with Bosch's devices emitted more nitrogen oxides than allowed under regulations. On 1 February 2017, Bosch agreed to pay consumers in

18984-410: The next four years. They will be opening two new facilities for manufacturing a computer chip development in the cities of Dresden and Reutlingen. Chairman Stefan Hartung said the company is not interested in building cutting-edge semiconductor facilities but focuses on 40 and 200-nanometer chips used in the automotive industry . In September 2023, it was announced Bosch had completed the acquisition of

19152-472: The night of 8 November, the Nazis used a patriotic rally in a Munich beer hall to launch an attempted putsch ("coup d'état"). This so-called Beer Hall Putsch attempt failed almost at once when the local Reichswehr commanders refused to support it. On the morning of 9 November, the Nazis staged a march of about 2,000 supporters through Munich in an attempt to rally support. The two groups exchanged fire, after which 15 putschists, four police officers, and

19320-818: The offices of party leader, head of state and chief of government in one, taking the title of Führer und Reichskanzler by passage of the Law Concerning the Head of State of the German Reich . The Chancellery of the Führer , officially an organisation of the Nazi Party, took over the functions of the Office of the President (a government agency), blurring the distinction between structures of party and state even further. The SS increasingly exerted police functions,

19488-596: The party is still outlawed in many European countries, including Germany and Austria. The renaming of the German Worker's Party (DAP) to the National Socialist German Workers' Party (NSDAP) was partially driven by a desire to draw upon both left-wing and right-wing ideals, with "Socialist" and "Workers'" appealing to the left, and "National" and "German" appealing to the right. Nazi , the informal and originally derogatory term for

19656-646: The party issued a freeze on admissions that remained in force from May 1933 to 1937. On 23 March, the parliament passed the Enabling Act of 1933 , which gave the cabinet the right to enact laws without the consent of parliament. In effect, this gave Hitler dictatorial powers. Now possessing virtually absolute power, the Nazis established totalitarian control as they abolished labour unions and other political parties and imprisoned their political opponents, first at wilde Lager , improvised camps, then in concentration camps . Nazi Germany had been established, yet

19824-542: The party leadership. With the support of Anton Drexler, Hitler became chief of propaganda for the party in early 1920. Hitler began to make the party more public, and organised its biggest meeting yet of 2,000 people on 24 February 1920 in the Staatliches Hofbräuhaus in München . Such was the significance of this particular move in publicity that Karl Harrer resigned from the party in disagreement. It

19992-433: The party supported the middle-class and that its socialist policy was meant to give social welfare to German citizens deemed part of the Aryan race. They became one of many völkisch movements that existed in Germany. Like other völkisch groups, the DAP advocated the belief that through profit-sharing instead of socialisation Germany should become a unified "people's community" ( Volksgemeinschaft ) rather than

20160-638: The party treasurer Franz Xaver Schwarz and business manager Max Amann . The party had a capable propaganda head in Gregor Strasser , who was promoted to national organizational leader in January 1928. These men gave the party efficient recruitment and organizational structures. The party also owed its growth to the gradual fading away of competitor nationalist groups, such as the German National People's Party (DNVP). As Hitler became

20328-546: The party were always German nationalist expansionism and antisemitism . These two goals were fused in his mind by his belief that Germany's external enemies—Britain, France and the Soviet Union—were controlled by the Jews and that Germany's future wars of national expansion would necessarily entail a war of annihilation against them. For Hitler and his principal lieutenants, national and racial issues were always dominant. This

20496-492: The party's most active orator, appearing in public as a speaker 31 times within the first year after his self-discovery. Crowds began to flock to hear his speeches. Hitler always spoke about the same subjects: the Treaty of Versailles and the Jewish question . This deliberate technique and effective publicising of the party contributed significantly to his early success, about which a contemporary poster wrote: "Since Herr Hitler

20664-505: The party's propaganda chief were major factors. While Strasser had used his position to promote his own leftish version of national socialism, Goebbels was completely loyal to Hitler, and worked only to improve Hitler's image. The 1930 elections changed the German political landscape by weakening the traditional nationalist parties, the DNVP and the DVP, leaving the Nazis as the chief alternative to

20832-405: The party, but at best the seventh member of the committee... And a few years ago I had to complain to a party office that your first proper membership card of the DAP, bearing the signatures of Schüssler and myself, was falsified, with the number 555 being erased and number 7 entered. Although Hitler initially wanted to form his own party, he claimed to have been convinced to join the DAP because it

21000-580: The party-controlled German state set in motion the Final Solution – an industrial system of genocide that carried out mass murders of around 6 million Jews and millions of other targeted victims in what has become known as the Holocaust . Adolf Hitler , the party's leader since 1921, was appointed Chancellor of Germany by President Paul von Hindenburg on 30 January 1933, and quickly seized power afterwards. Hitler established

21168-423: The party. Hitler announced he would rejoin on condition that he would replace Drexler as party chairman, and that the party headquarters would remain in Munich. The committee agreed, and he rejoined the party on 26 July as member 3,680. Hitler continued to face some opposition within the NSDAP, as his opponents had Hermann Esser expelled from the party and they printed 3,000 copies of a pamphlet attacking Hitler as

21336-556: The person had a spouse, the spouse also had to be a "racially pure" Aryan. Party members could not be related either directly or indirectly to a so-called "non-Aryan". Even before it had become legally forbidden by the Nuremberg Laws in 1935, the Nazis banned sexual relations and marriages between party members and Jews. Party members found guilty of Rassenschande ("racial defilement") were persecuted heavily. Some members were even sentenced to death. Hitler quickly became

21504-471: The physically and mentally disabled. The National Socialist Programme was a formulation of the policies of the party. It contained 25 points and is therefore also known as the "25-point plan" or "25-point programme". It was the official party programme, with minor changes, from its proclamation as such by Hitler in 1920, when the party was still the German Workers' Party, until its dissolution. At

21672-657: The political principles that he endorsed, by combining his branch of the Workers' Committee for a good Peace with the Political Workers' Circle. On 5 January 1919, Drexler created a new political party and proposed it should be named the "German Socialist Workers' Party", but Harrer objected to the term "socialist"; so the term was removed and the party was named the German Workers' Party ( Deutsche Arbeiterpartei , DAP). To ease concerns among potential middle-class supporters, Drexler made clear that unlike Marxists

21840-497: The post for the remainder of his life. Hitler soon acquired the title Führer ("leader") and after a series of sharp internal conflicts it was accepted that the party would be governed by the Führerprinzip ("leader principle"). Under this principle, the party was a highly centralised entity that functioned strictly from the top down, with Hitler at the apex. Hitler saw the party as a revolutionary organisation, whose aim

22008-560: The price collapse in 1998–1999. The United States still maintains close relations with Saudi Arabia. In 2003, U.S. forces invaded Iraq with the aim of removing the dictatorship and gaining access to Iraqi oil reserves, giving the United States greater strategic importance from 2000 to 2008. During this period, there was a constant shortage of oil, but its consumption continued to rise, maintaining high prices and leading to concerns about "peak oil". From 2005 to 2012, there were advances in oil and gas extraction, leading to increased production in

22176-611: The realities of the needs of source materials on a worldwide basis and to produce and customize products for individual countries. One of the first multinational business organizations, the East India Company , was established in 1601. After the East India Company came the Dutch East India Company , founded on March 20, 1603, which would become the largest company in the world for nearly 200 years. The main characteristics of multinational companies are: When

22344-431: The recognised head of the German nationalists, other groups declined or were absorbed. In the late 1920s, seeing the party's lack of breakthrough into the mainstream, Goebbels proposed that instead of focusing all of their propaganda in major cities where there was competition from other political movements, they should instead begin holding rallies in rural areas where they would be more effective. Despite these strengths,

22512-453: The revolutionary upheavals that followed. Drexler followed the views of militant nationalists of the day, such as opposing the Treaty of Versailles , having antisemitic , anti-monarchist and anti-Marxist views, as well as believing in the superiority of Germans whom they claimed to be part of the Aryan " master race " ( Herrenvolk ). However, he also accused international capitalism of being

22680-481: The rise of communism and internationalist politics . These were all well-known themes popular with various Weimar paramilitary groups such as the Freikorps . Drexler's movement received attention and support from some influential figures. Supporter Dietrich Eckart , a well-to-do journalist, brought military figure Felix Graf von Bothmer , a prominent supporter of the concept of "national socialism", to address

22848-529: The same year, the company opened a new testing center in Vaitoudden, close to Arjeplog in north Sweden. A new developing center in Abstatt , Germany followed in 2004. In 2002, Bosch acquired Philips CSI, which at the time was manufacturing a broad range of professional communication and security products and systems including CCTV , congress, and public address systems. In the 2000s the company developed

23016-501: The strong influence of the United States on the global oil market. In 1959, companies lowered the price of oil due to a surplus in the market. This reduction dealt a significant blow to the finances of producers. Saudi oil minister Abdullah Tariki and Venezuela’s Juan Perez Alfonso entered into a secret agreement (the Mahdi Pact), promising that if the price of oil was lowered a second time, they would take collective action against

23184-480: The vote in the December 1924 Reichstag elections and this fell to 2.6% in 1928 . State elections produced similar results. Despite these poor results and despite Germany's relative political stability and prosperity during the later 1920s, the Nazi Party continued to grow. This was partly because Hitler, who had no administrative ability, left the party organisation to the head of the secretariat, Philipp Bouhler ,

23352-769: The war ended in Europe. The party was formally abolished on 10 October 1945 by the Allied Control Council , followed by the process of denazification along with trials of major war criminals before the International Military Tribunal (IMT) in Nuremberg. Part of the Potsdam Agreement called for the destruction of the Nazi Party alongside the requirement for the reconstruction of the German political life. In addition,

23520-496: The world market, jobs for locals, and business and profits for companies. Cecil Rhodes (1853–1902) was one of the few businessmen in the era who became Prime Minister (of South Africa 1890–1896). His mining enterprises included the British South Africa Company and De Beers . The latter company practically controlled the global diamond market from its base in southern Africa. In 1945, the United States

23688-573: The world without a concentration in one area have been called stateless or "transnational" (although "transnational corporation" is also used synonymously with "multinational corporation" ), but as of 1992, a corporation must be legally domiciled in a particular country and engage in other countries through foreign direct investment and the creation of foreign subsidiaries. Geographic diversification can be measured across various domains, including ownership and control, workforce, sales, and regulation and taxation. Multinational corporations may be subject to

23856-503: The worldwide revenue of a foreign subsidiary, and taxation is complicated by transfer pricing arrangements with parent corporations. For small corporations, registering a foreign subsidiary can be expensive and complex, involving fees, signatures, and forms; a professional employer organization (PEO) is sometimes advertised as a cheaper and simpler alternative, but not all jurisdictions have laws accepting these types of arrangements. Disputes between corporations in different nations

24024-520: Was Gauleiter of Franconia , where he published his antisemitic newspaper Der Stürmer . Beneath the Gauleiter were lower-level officials, the Kreisleiter ("county leaders"), Zellenleiter ("cell leaders") and Blockleiter ("block leaders"). This was a strictly hierarchical structure in which orders flowed from the top and unquestioning loyalty was given to superiors. Only

24192-572: Was Rudolf Hess , but he had no real power in the party. By the early 1930s, the senior leaders of the party after Hitler were Heinrich Himmler , Joseph Goebbels and Hermann Göring . Beneath the Leadership Corps were the party's regional leaders, the Gauleiters , each of whom commanded the party in his Gau ("region"). Goebbels began his ascent through the party hierarchy as Gauleiter of Berlin-Brandenburg in 1926. Streicher

24360-579: Was a backlash against socialist and liberal politics in Bavaria as Germany's economic problems deepened and the weakness of the Weimar regime became apparent. The party recruited former World War I soldiers, to whom Hitler as a decorated frontline veteran could particularly appeal, as well as small businessmen and disaffected former members of rival parties. Nazi rallies were often held in beer halls, where downtrodden men could get free beer. The Hitler Youth

24528-513: Was assigned to influence other soldiers and to infiltrate the DAP. While Hitler was initially unimpressed by the meetings and found them disorganised, he enjoyed the discussion that took place. While attending a party meeting on 12 September 1919 at Munich's Sterneckerbräu , Hitler became involved in a heated argument with a visitor, Professor Baumann, who questioned the soundness of Gottfried Feder 's arguments against capitalism; Baumann proposed that Bavaria should break away from Prussia and found

24696-438: Was enabled by multinational corporations known as the 'Seven Sisters'. The "Seven Sisters" was a common term for the seven multinational companies that dominated the global petroleum industry from the mid-1940s to the mid-1970s. The nationalization of the Iranian oil industry in 1951 by Iranian Prime Minister Mohammad Mosaddegh and the subsequent boycott of Iranian oil by all companies had dramatic consequences for Iran and

24864-576: Was formed for the children of party members. The party also formed groups in other parts of Germany. Julius Streicher in Nuremberg was an early recruit and became editor of the racist magazine Der Stürmer . In December 1920, the Nazi Party had acquired a newspaper, the Völkischer Beobachter , of which its leading ideologist Alfred Rosenberg became editor. Others to join the party around this time were Heinrich Himmler and World War I flying ace Hermann Göring . On 31 October 1922,

25032-448: Was fully aware that the means to overcoming cultural resistance depended on an "understanding" of the countries in which a corporation operated. He observed that companies with "foresight to capitalize on international opportunities" must recognize that " cultural anthropology will be an important tool for competitive marketing". However, the projected outcome of this was not the assimilation of international firms into national cultures, but

25200-477: Was in this speech that Hitler enunciated the twenty-five points of the German Workers' Party manifesto that had been drawn up by Drexler, Feder and himself. Through these points he gave the organisation a much bolder stratagem with a clear foreign policy (abrogation of the Treaty of Versailles, a Greater Germany , Eastern expansion and exclusion of Jews from citizenship) and among his specific points were: confiscation of war profits , abolition of unearned incomes,

25368-503: Was inspired by Mussolini and the Fascists, beginning to adopt elements of their program for the Nazi Party and himself. The Italian Fascists also used a straight-armed Roman salute and wore black-shirted uniforms; Hitler would later borrow their use of the straight-armed salute as a Nazi salute . When the Fascists took control of Italy through their coup d'état called the " March on Rome ", Hitler began planning his own coup less than

25536-509: Was intended to draw upon both left-wing and right-wing ideals, with "Socialist" and "Workers'" appealing to the left, and "National" and "German" appealing to the right. The word "Socialist" was added by the party's executive committee (at the suggestion of Rudolf Jung ), over Hitler's initial objections, in order to help appeal to left-wing workers. In 1920, the Nazi Party officially announced that only persons of "pure Aryan descent [ rein arischer Abkunft ]" could become party members and if

25704-546: Was labeled as "the largest nonviolent transfer of wealth in human history." The OPEC sought immediate discussions regarding participation in national oil industries. Companies were not inclined to object as the price hike benefited both them and OPEC members. In 1980, the Seven Sisters were entirely displaced and replaced by national oil companies (NOCs). The rise in oil prices burdened developing countries with balance of payments deficits, leading to an energy crisis. OPEC members had to abandon their plan of redistributing wealth from

25872-400: Was later downplayed to gain the support of business leaders. By the 1930s, the party's main focus shifted to antisemitic and anti-Marxist themes. The party had little popular support until the Great Depression , when worsening living standards and widespread unemployment drove Germans into political extremism. Central to Nazism were themes of racial segregation expressed in the idea of

26040-582: Was never far from the surface. Germans voted for Hitler primarily because of his promises to revive the economy (by unspecified means), to restore German greatness and overturn the Treaty of Versailles and to save Germany from communism. On 24 April 1932, the Free State of Prussia elections to the Landtag resulted in 36% of the votes and 162 seats for the NSDAP. On 20 July 1932, the Prussian government

26208-479: Was not exclusively for any class and indicated that it favoured neither the left nor the right, but preserved "pure" elements from both "camps" by stating: "From the camp of bourgeois tradition, it takes national resolve, and from the materialism of the Marxist dogma, living, creative Socialism". The votes that the Nazis received in the 1932 elections established the Nazi Party as the largest parliamentary faction of

26376-545: Was ousted by a coup, the Preussenschlag ; a few days later at the July 1932 Reichstag election the Nazis made another leap forward, polling 37% and becoming the largest party in parliament by a wide margin. Furthermore, the Nazis and the Communists between them won 52% of the vote and a majority of seats. Since both parties opposed the established political system and neither would join or support any ministry, this made

26544-419: Was popularised by anti-Nazis and German exiles abroad. Thereafter, the term spread into other languages and eventually was brought back to Germany after World War II. In English, the term is not considered slang and has such derivatives as Nazism and denazification . The Nazi Party grew out of smaller political groups with a nationalist orientation that formed in the last years of World War I . In 1918,

26712-511: Was portrayed as the world’s No. 1 company for packaging technology . In 2018, Bosch decided to look for a new owner for this business. Bosch's in-house provider of assembly systems, Robert Bosch Manufacturing Solutions GmbH, Stuttgart, remains part of the Bosch Group; up to now, it has been part of the Packaging Technology division. In addition, the Bosch Connected Industry business unit, which develops software and carries out Industry 4.0 projects for internal and external customers, has been part of

26880-481: Was released from prison on 20 December 1924, against the state prosecutor's objections. On 16 February 1925, Hitler convinced the Bavarian authorities to lift the ban on the NSDAP and the party was formally refounded on 26 February 1925, with Hitler as its undisputed leader. It was at this time Hitler began referring to himself as " der Führer ". The new Nazi Party was no longer a paramilitary organisation and disavowed any intention of taking power by force. In any case,

27048-441: Was represented by trading partners on every continent: in 1906 in New York (U.S.) and Johannesburg (South Africa), in 1907 in Sydney (Australia), in 1908 in Buenos Aires (Argentina), in 1909 in Shanghai (China), in 1910 in Rio de Janeiro (Brazil), and in 1911 in Tokyo (Japan). Bosch opened the first factory outside Germany in Paris, in 1905, and the first on another continent in 1912 in Springfield, Massachusetts (USA). In 1917, Bosch

27216-418: Was responsible for the deaths of at least eleven million people, including 5.5 to 6 million Jews (representing two-thirds of the Jewish population of Europe), and between 200,000 and 1,500,000 Romani people . The estimated total number includes the killing of nearly two million non-Jewish Poles , over three million Soviet prisoners of war , communists , and other political opponents, homosexuals,

27384-493: Was safe to appoint Hitler as Reich Chancellor, at the head of a cabinet including only a minority of Nazi ministers—which he did on 30 January 1933. In Mein Kampf , Hitler directly attacked both left-wing and right-wing politics in Germany. However, a majority of scholars identify Nazism in practice as being a far-right form of politics. When asked in an interview in 1934 whether the Nazis were "bourgeois right-wing" as alleged by their opponents, Hitler responded that Nazism

27552-450: Was small and he could eventually become its leader. He consequently encouraged the organisation to become less of a debating society, which it had been previously, and more of an active political party. Normally, enlisted army personnel were not allowed to join political parties. In this case, Hitler had Captain Karl Mayr 's permission to join the DAP. Further, Hitler was allowed to stay in the army and receive his weekly pay of 20 gold marks

27720-444: Was symbolised by the adoption as the party emblem of the swastika . In German nationalist circles, the swastika was considered a symbol of an " Aryan race " and it symbolised the replacement of the Christian Cross with allegiance to a National Socialist State. The Nazi Party grew significantly during 1921 and 1922, partly through Hitler's oratorical skills, partly through the SA's appeal to unemployed young men, and partly because there

27888-403: Was the overthrow of the Weimar Republic , which he saw as controlled by the socialists, Jews and the " November criminals ", a term invented to describe alleged elements of society who had 'betrayed the German soldiers' in 1918. The SA ("storm troopers", also known as "Brownshirts") were founded as a party militia in 1921 and began violent attacks on other parties. For Hitler, the twin goals of

28056-401: Was the world's largest oil producer. However, their reserves were declining due to high demand. Therefore, the United States turned to foreign oil sources, which had a significant impact on the recovery of the West after World War II. Most of the world's oil was found in Latin America and the Middle East, particularly in the Arab states of the Persian Gulf. This increase in non-American production

28224-502: Was transformed into a corporation and remained so until 1937, when Robert Bosch became the sole owner again after buying back his shares. In the process, the company became a limited liability company (GmbH). After the First World War, Bosch lost most of its international holdings, including its U.S. factories. The company had to largely rebuild its international activities. This included opening up further South American and Asian regions. In 1922, for example, Illies & Company established

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