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A multi-national corporation ( MNC ; also called a multi-national enterprise ( MNE ), trans-national enterprise ( TNE ), trans-national corporation ( TNC ), international corporation , or state less corporation , ) is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC to distinguish it from international portfolio investment organizations , such as some international mutual funds that invest in corporations abroad solely to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multi-national corporation "if it derives 25% or more of its revenue from out-of-home-country operations".

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140-485: British United Provident Association Limited , trading as Bupa ( / b uː p ə / ), is a British multinational health insurance and healthcare company with over 43 million customers worldwide. Bupa's origins and global headquarters are in the United Kingdom. Its main countries of operation are Australia, Spain, the United Kingdom, Chile, Poland, New Zealand, Hong Kong, Turkey, Brazil, Ireland, Mexico and

280-501: A Fellowship of the Royal Society . In 1791, Great Sejm parliament adopted the 3 May Constitution , the first set of supreme national laws, and introduced a constitutional monarchy . The Targowica Confederation , an organisation of nobles and deputies opposing the act, appealed to Catherine and caused the 1792 Polish–Russian War . Fearing the reemergence of Polish hegemony, Russia and Prussia arranged and in 1793 executed,

420-510: A US health insurer specialising in providing international health insurance for US residents planning to live or work abroad. In February 2015, Bupa acquired a controlling share in Chilean private healthcare network Cruz Blanca. In 2016, Bupa became the sole owner of Cruz Blanca (branded as Bupa Chile). Bupa Chile opened a major hospital in Santiago in 2018. In 2016, Bupa acquired Care Plus,

560-766: 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

700-695: A coastline spanning 770 km (480 mi); extending from the shores of the Baltic Sea, along the Bay of Pomerania in the west to the Gulf of Gdańsk in the east. The beach coastline is abundant in sand dune fields or coastal ridges and is indented by spits and lagoons, notably the Hel Peninsula and the Vistula Lagoon , which is shared with Russia. The largest Polish island on the Baltic Sea

840-695: A combined health insurance, hospital, clinic, dental and aged care business operating under the Sanitas brand. During the 1990s, Bupa continued to expand internationally. An insurance business was established in Thailand which was sold in 2017 to Aetna . Bupa Ireland, a health insurance business, was established in 1996 but sold in 2007. Bupa also diversified in the UK into care homes with the acquisition of 200 homes through Community Nursing Homes, Goldsborough Healthcare Group and Care First Group. In 1997, Bupa entered

980-508: 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

1120-429: 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

1260-480: A health insurance business in Brazil . In the UK, in 2016, Bupa sold its home healthcare medication delivery division to Celesio AG. In 2017, Bupa completed the purchase of Oasis Dental Care, the UK's leading private dental provider with 380 practices, for £835 million, from Bridgepoint , a Private Equity group. As a result, Bupa became a major dental provider. The business has since grown to around 490 clinics in

1400-552: A leading power and a major cultural entity, exercising political control over parts of Central, Eastern , Southeastern and Northern Europe. The Polish–Lithuanian Commonwealth occupied approximately 1 million km (390,000 sq mi) at its peak and was the largest state in Europe. Simultaneously, Poland imposed Polonisation policies in newly acquired territories which were met with resistance from ethnic and religious minorities. In 1573, Henry de Valois of France ,

1540-667: A legendary ruler of the Lechites , or from the Lendians , a West Slavic tribe that dwelt on the south-easternmost edge of Lesser Poland . The origin of the tribe's name lies in the Old Polish word lęda (plain). Initially, both names Lechia and Polonia were used interchangeably when referring to Poland by chroniclers during the Middle Ages . The first Stone Age archaic humans and Homo erectus species settled what

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1680-490: 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

1820-666: A new provisional pro-Communist coalition government in Moscow, which ignored the Polish government-in-exile based in London. This action angered many Poles who considered it a betrayal by the Allies. In 1944, Stalin had made guarantees to Churchill and Roosevelt that he would maintain Poland's sovereignty and allow democratic elections to take place. However, upon achieving victory in 1945,

1960-716: A number of grant-giving foundations in different countries which work on health and social issues. During the COVID19 pandemic there was an extra effort to support communities through its charitable foundations in Australia, UK and Spain. A Healthy Communities Fund was established, with a special emphasis on mental health and wellbeing in schools. The Bupa UK Foundation focuses on grant-giving and charity partnerships around mental health. These include Beyond Words for World Mental Health Day supported by Cheltenham Festivals , Mind , National Literacy Trust . The Bupa Health Foundation

2100-565: A political force. Despite persecution and imposition of martial law in 1981 by General Wojciech Jaruzelski , it eroded the dominance of the Polish United Workers' Party and by 1989 had triumphed in Poland's first partially free and democratic parliamentary elections since the end of the Second World War. Lech Wałęsa , a Solidarity candidate, eventually won the presidency in 1990 . The Solidarity movement heralded

2240-752: A rival Habsburg electoral candidate, Archduke Maximilian III , in the War of the Polish Succession (1587–1588) . In 1592, Sigismund succeeded his father and John Vasa , in Sweden . The Polish-Swedish union endured until 1599, when he was deposed by the Swedes. In 1609, Sigismund invaded Russia which was engulfed in a civil war , and a year later the Polish winged hussar units under Stanisław Żółkiewski occupied Moscow for two years after defeating

2380-876: A tribal federation and later a centralised monarchical state. Poland began to form into a recognisable unitary and territorial entity around the middle of the 10th century under the Piast dynasty . In 966, ruler of the Polans Mieszko I accepted Christianity under the auspices of the Roman Church with the Baptism of Poland . In 968, a missionary bishopric was established in Poznań . An incipit titled Dagome iudex first defined Poland's geographical boundaries with its capital in Gniezno and affirmed that its monarchy

2520-847: Is Wolin , located within Wolin National Park . Poland also shares the Szczecin Lagoon and the Usedom island with Germany. The mountainous belt in the extreme south of Poland is divided into two major mountain ranges ; the Sudetes in the west and the Carpathians in the east. The highest part of the Carpathian massif are the Tatra Mountains , extending along Poland's southern border. Poland's highest point

2660-526: Is Turkey's second largest health insurer with both corporate and individual customers. Headquartered in Istanbul, it insures 600,000 people. In December 2020, Bupa México announced the acquisition of BBVA México's medical services provider Vitamédica. In January 2021, in the UK, the transfer of CS Healthcare's business and 17,500 members to Bupa completed. Iñaki Ereño became Group CEO in January 2021. Ereño

2800-790: Is a founding member state of the United Nations and a member of the World Trade Organization , OECD , NATO , and the European Union (including the Schengen Area ). The native Polish name for Poland is Polska . The name is derived from the Polans , a West Slavic tribe who inhabited the Warta River basin of present-day Greater Poland region (6th–8th century CE). The tribe's name stems from

2940-835: Is in Melbourne . Other major offices are in Adelaide , Brisbane and Sydney . The Europe and Latin America's division's headquarters are in Madrid , and since 2021 has been headed by Iñaki Peralta . Bupa has its global and UK head offices in central London . In the UK, there are also major offices in Staines , Salford Quays , Brighton , Bristol and Leeds . Bupa also has associate health insurance businesses in Saudi Arabia (Bupa Arabia) and India (Niva Bupa). Bupa supports

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3080-493: Is internal waters and 8,783 km (3,391 sq mi) is territorial sea. Topographically, the landscape of Poland is characterised by diverse landforms , water bodies and ecosystems . The central and northern region bordering the Baltic Sea lie within the flat Central European Plain , but its south is hilly and mountainous. The average elevation above the sea level is estimated at 173 metres. The country has

3220-410: 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

3360-412: Is one of the leading charitable foundations dedicated to health in Australia. The foundation invests in research that claims to improve health and it collaborates with researchers across academic, industry and healthcare communities. It advocates for researchers, organisations and initiatives that are improving health capacity building by developing skills and networks of health and medical researchers. Over

3500-865: 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

3640-489: The Armia Krajowa ( Home Army ), fought against German occupation. It was one of the three largest resistance movements of the entire war, and encompassed a range of clandestine activities, which functioned as an underground state complete with degree-awarding universities and a court system . The resistance was loyal to the exiled government and generally resented the idea of a communist Poland; for this reason, in

3780-545: The Battle of Vienna . The Saxon era, under Augustus II and Augustus III , saw neighboring powers grow in strength at the expense of Poland. Both Saxon kings faced opposition from Stanisław Leszczyński during the Great Northern War (1700) and the War of the Polish Succession (1733) . The royal election of 1764 resulted in the elevation of Stanisław II Augustus Poniatowski to the monarchy. His candidacy

3920-583: The Curzon Line by Stalin . The western border became the Oder-Neisse line . As a result, Poland's territory was reduced by 20%, or 77,500 square kilometres (29,900 sq mi). The shift forced the migration of millions of other people , most of whom were Poles, Germans, Ukrainians, and Jews. At the insistence of Joseph Stalin , the Yalta Conference sanctioned the formation of

4060-622: The Duke of Milan and queen consort to Sigismund I, made considerable contributions to architecture , cuisine , language and court customs at Wawel Castle . The Union of Lublin of 1569 established the Polish–Lithuanian Commonwealth , a unified federal state with an elective monarchy , but largely governed by the nobility. The latter coincided with a period of prosperity; the Polish-dominated union thereafter becoming

4200-848: 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

4340-674: The European Spring of Nations , Poles took up arms in the Greater Poland Uprising of 1848 to resist Germanisation , but its failure saw duchy's status reduced to a mere province ; and subsequent integration into the German Empire in 1871. In Russia, the fall of the January Uprising (1863–1864) prompted severe political, social and cultural reprisals , followed by deportations and pogroms of

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4480-590: The Grand Duke of Lithuania , thus forming the Jagiellonian dynasty and the Polish–Lithuanian union which spanned the late Middle Ages and early Modern Era . The partnership between Poles and Lithuanians brought the vast multi-ethnic Lithuanian territories into Poland's sphere of influence and proved beneficial for its inhabitants, who coexisted in one of the largest European political entities of

4620-795: The Kingdom of Saudi Arabia in partnership with the Nazer Group to form Bupa Arabia . In 2008, Bupa Arabia was listed on the Tadawul , the Saudi stock market. Bupa Arabia is now the leading health insurance provider in the KSA. Bupa owns 43.25% of this business. In the 2000s, Bupa entered the Australian health insurance market, opened hospitals in Spain and expanded its network of clinics and care homes in

4760-657: The Polish People's Republic was a founding signatory of the Warsaw Pact . Through the emergence and contributions of the Solidarity movement , the communist government was dissolved and Poland re-established itself as a democratic state in 1989, as the first of its neighbors, initiating the fall of the Iron Curtain . Poland is a parliamentary republic with its bicameral legislature comprising

4900-481: The Polish–Lithuanian Commonwealth . At the time, the Commonwealth was one of the great powers of Europe, with an elective monarchy and a uniquely liberal political system, which adopted Europe's first modern constitution in 1791. With the passing of the prosperous Polish Golden Age , the country was partitioned by neighbouring states at the end of the 18th century. Poland regained its independence at

5040-734: The Proto-Slavic noun pole meaning field, which in-itself originates from the Proto-Indo-European word *pleh₂- indicating flatland. The etymology alludes to the topography of the region and the flat landscape of Greater Poland. During the Middle Ages , the Latin form Polonia was widely used throughout Europe. The country's alternative archaic name is Lechia and its root syllable remains in official use in several languages, notably Hungarian , Lithuanian , and Persian . The exonym possibly derives from either Lech ,

5180-543: The Second Partition , which left the country deprived of territory and incapable of independent existence. On 24 October 1795, the Commonwealth was partitioned for the third time and ceased to exist as a territorial entity. Stanisław Augustus, the last King of Poland, abdicated the throne on 25 November 1795. The Polish people rose several times against the partitioners and occupying armies. An unsuccessful attempt at defending Poland's sovereignty took place in

5320-587: The Sejm and the Senate . Considered a middle power , it is a developed market and high-income economy that is the sixth largest in the EU by nominal GDP and the fifth largest by GDP (PPP) . Poland enjoys a very high standard of living , safety, and economic freedom , as well as free university education and universal health care . The country has 17 UNESCO World Heritage Sites , 15 of which are cultural. Poland

5460-558: The Soviet invasion of Poland on 17 September. On 28 September 1939, Warsaw fell . As agreed in the Molotov–Ribbentrop Pact , Poland was split into two zones, one occupied by Nazi Germany , the other by the Soviet Union . In 1939–1941, the Soviets deported hundreds of thousands of Poles. The Soviet NKVD executed thousands of Polish prisoners of war (among other incidents in the Katyn massacre ) ahead of Operation Barbarossa . German planners had in November 1939 called for "the complete destruction of all Poles" and their fate as outlined in

5600-419: The Teutonic Knights to aid in combating the Baltic Prussians; a decision that later led to centuries of warfare with the Knights. In the first half of the 13th century, Henry I the Bearded and Henry II the Pious aimed to unite the fragmented dukedoms, but the Mongol invasion and the death of Henry II in battle hindered the unification. As a result of the devastation which followed, depopulation and

5740-454: The University of Kraków , one of the oldest institutions of higher learning in Europe. Upon his death in 1370, the Piast dynasty came to an end. He was succeeded by his closest male relative, Louis of Anjou , who ruled Poland, Hungary , and Croatia in a personal union . Louis' younger daughter Jadwiga became Poland's first female monarch in 1384. In 1386, Jadwiga of Poland entered a marriage of convenience with Władysław II Jagiełło ,

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5880-421: The War of the Fourth Coalition . In accordance with the 1807 Treaty of Tilsit , Napoleon proclaimed the Duchy of Warsaw , a client state ruled by his ally Frederick Augustus I of Saxony . The Poles actively aided French troops in the Napoleonic Wars , particularly those under Józef Poniatowski who became Marshal of France shortly before his death at Leipzig in 1813. In the aftermath of Napoleon's exile,

6020-459: The armistice with Germany in November 1918, Poland regained its independence as the Second Polish Republic . The Second Polish Republic reaffirmed its sovereignty after a series of military conflicts , most notably the Polish–Soviet War , when Poland inflicted a crushing defeat on the Red Army at the Battle of Warsaw . The inter-war period heralded a new era of Polish politics. Whilst Polish political activists had faced heavy censorship in

6160-472: The collapse of communist regimes and parties across Europe . A shock therapy program, initiated by Leszek Balcerowicz in the early 1990s, enabled the country to transform its Soviet-style planned economy into a market economy . As with other post-communist countries , Poland suffered temporary declines in social, economic, and living standards, but it became the first post-communist country to reach its pre-1989 GDP levels as early as 1995, although

6300-420: The early medieval period the region became inhabited by the West Slavic tribal Polans , who gave Poland its name . The process of establishing statehood coincided with the conversion of a pagan ruler of the Polans to Christianity, under the auspices of the Roman Catholic Church in 966. The Kingdom of Poland emerged in 1025, and in 1569 cemented its long-standing association with Lithuania , thus forming

6440-442: The fifth largest EU country by land area, covering a combined area of 312,696 km (120,733 sq mi). The capital and largest city is Warsaw ; other major cities include Kraków , Wrocław , Łódź , Poznań , and Gdańsk . Prehistoric human activity on Polish soil dates to the Lower Paleolithic , with continuous settlement since the end of the Last Glacial Period . Culturally diverse throughout late antiquity , in

6580-484: The 1794 Kościuszko Uprising , where a popular and distinguished general Tadeusz Kościuszko , who had several years earlier served under George Washington in the American Revolutionary War , led Polish insurgents. Despite the victory at the Battle of Racławice , his ultimate defeat ended Poland's independent existence for 123 years . In 1806, an insurrection organised by Jan Henryk Dąbrowski liberated western Poland ahead of Napoleon's advance into Prussia during

6720-424: The 1950s. Despite widespread objections, the new Polish government accepted the Soviet annexation of the pre-war eastern regions of Poland (in particular the cities of Wilno and Lwów ) and agreed to the permanent garrisoning of Red Army units on Poland's territory. Military alignment within the Warsaw Pact throughout the Cold War came about as a direct result of this change in Poland's political culture. In

6860-446: 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

7000-409: The Allies, providing much of the intelligence from Europe and beyond, Polish code breakers were responsible for cracking the Enigma cipher and Polish scientists participating in the Manhattan Project were co-creators of the American atomic bomb . In the east, the Soviet-backed Polish 1st Army distinguished itself in the battles for Warsaw and Berlin . The wartime resistance movement , and

7140-441: The Brave . In 1000, at the Congress of Gniezno , Bolesław obtained the right of investiture from Otto III, Holy Roman Emperor , who assented to the creation of additional bishoprics and an archdioceses in Gniezno. Three new dioceses were subsequently established in Kraków , Kołobrzeg , and Wrocław . Also, Otto bestowed upon Bolesław royal regalia and a replica of the Holy Lance , which were later used at his coronation as

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7280-469: The Duchy of Warsaw was abolished at the Congress of Vienna in 1815 and its territory was divided into Russian Congress Kingdom of Poland , the Prussian Grand Duchy of Posen , and Austrian Galicia with the Free City of Kraków . In 1830, non-commissioned officers at Warsaw's Officer Cadet School rebelled in what was the November Uprising . After its collapse, Congress Poland lost its constitutional autonomy , army and legislative assembly. During

7420-496: 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

7560-400: The European Union were dismantled, allowing for full freedom of movement within most of the European Union. On 10 April 2010, the President of Poland Lech Kaczyński , along with 89 other high-ranking Polish officials died in a plane crash near Smolensk , Russia. In 2011, the ruling Civic Platform won parliamentary elections . In 2014, the Prime Minister of Poland , Donald Tusk ,

7700-543: The European scene, it came to characterise the full-fledged integration of Poland into the brotherhood of communist nations. The new communist government took control with the adoption of the Small Constitution on 19 February 1947. The Polish People's Republic ( Polska Rzeczpospolita Ludowa ) was officially proclaimed in 1952 . In 1956, after the death of Bolesław Bierut , the régime of Władysław Gomułka became temporarily more liberal, freeing many people from prison and expanding some personal freedoms. Collectivisation in

7840-405: The German occupation of Poland , including between 50,000 and 100,000 members of the Polish intelligentsia – academics, doctors, lawyers, nobility and priesthood. During the Warsaw Uprising alone, over 150,000 Polish civilians were killed, most were murdered by the Germans during the Wola and Ochota massacres. Around 150,000 Polish civilians were killed by Soviets between 1939 and 1941 during

7980-431: 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

8120-451: 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

8260-434: 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,

8400-436: The Polish People's Republic failed. A similar situation repeated itself in the 1970s under Edward Gierek , but most of the time persecution of anti-communist opposition groups persisted. Despite this, Poland was at the time considered to be one of the least oppressive states of the Eastern Bloc. Labour turmoil in 1980 led to the formation of the independent trade union " Solidarity " (" Solidarność "), which over time became

8540-447: The Polish-Jewish population. Towards the end of the 19th century, Congress Poland became heavily industrialised; its primary exports being coal, zinc , iron and textiles. In the aftermath of World War I , the Allies agreed on the reconstitution of Poland, confirmed through the Treaty of Versailles of June 1919. A total of 2 million Polish troops fought with the armies of the three occupying powers, and over 450,000 died. Following

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8680-464: The Prussian rulers to pay tributes . The Jagiellonian dynasty also established dynastic control over the kingdoms of Bohemia (1471 onwards) and Hungary. In the south, Poland confronted the Ottoman Empire (at the Varna Crusade ) and the Crimean Tatars , and in the east helped Lithuania to combat Russia . Poland was developing as a feudal state, with a predominantly agricultural economy and an increasingly powerful landed nobility that confined

8820-404: The Russians at Klushino . Sigismund also countered the Ottoman Empire in the southeast; at Khotyn in 1621 Jan Karol Chodkiewicz achieved a decisive victory against the Turks, which ushered the downfall of Sultan Osman II . Sigismund's long reign in Poland coincided with the Silver Age . The liberal Władysław IV effectively defended Poland's territorial possessions but after his death

8960-591: The Soviet Union's occupation of eastern Poland ( Kresy ), and another estimated 100,000 Poles were murdered by the Ukrainian Insurgent Army (UPA) between 1943 and 1944 in what became known as the Wołyń Massacres . Of all the countries in the war, Poland lost the highest percentage of its citizens: around 6 million perished – more than one-sixth of Poland's pre-war population – half of them Polish Jews. About 90% of deaths were non-military in nature. In 1945, Poland's borders were shifted westwards . Over two million Polish inhabitants of Kresy were expelled along

9100-404: 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

9240-636: 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

9380-439: The UK and the Republic of Ireland . Bupa operates dental practices in the Republic of Ireland under the Smiles Dental brand. In the UK, in August 2017, it sold 122 care homes, with 9,000 beds, to HC-One for £300 million. 22 further homes were sold to Advinia Healthcare. In 2018, Sanitas acquired Nectar Seguros, a Spanish private health insurer. In January 2019, Bupa acquired Acibadem Sigorta in Turkey. Bupa Acıbadem Sigorta

9520-425: The UK. In 2007, Bupa completed the sale of its UK hospitals business to Spire Healthcare . Bupa's rationale was that the scale of both its UK hospitals and insurance businesses meant that they were becoming increasingly constrained by being part of the same group. Significant acquisitions followed. The largest of these was the merger of Bupa's insurance business in Australia with the insurance group MBF to form what

9660-503: The United Kingdom, Australia, Spain and New Zealand, which make up 8% of its revenue. It was ranked 83rd out of 750 global companies in the 2020 Forbes World's Best Employers List. Bupa (originally the British United Provident Association ) was established in 1947 when seventeen British provident associations joined to provide healthcare for the general public. The firm is a private company limited by guarantee ; it has no shareholders , and any profits (after tax ) are reinvested in

9800-450: 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

9940-506: 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

10080-677: 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

10220-461: 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

10360-576: 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

10500-748: The United States. It also has a presence across Latin America, the Middle East and Asia, including joint ventures in Saudi Arabia and India. Bupa is a private company limited by guarantee . It has no shareholders and reinvests its profits. Health insurance represents 71% of Bupa's revenues worldwide and 24.4 million of its customers. Bupa runs various health provision services for a further 19.2 million customers worldwide (21% of its revenue) including hospitals (primarily in Spain, Poland and Chile), outpatient clinics, dental centres and digital services. Bupa also runs aged care facilities in four countries;

10640-766: 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

10780-507: 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

10920-469: 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 ,

11060-579: The business, which is now branded Niva Bupa. In 2012, Bupa acquired the largest private healthcare network in Poland , LUX MED, from the private equity fund Mid Europa Partners for €400m. Other acquisitions in this period included: Dental Corporation, Australia and New Zealand's largest dental provider; Quality HealthCare, a private clinic network in Hong Kong; a 49% stake in Highway to Health , Inc.,

11200-401: The business. The services offered by Bupa began as private medical insurance, offering policies to individuals, companies and other organisations, and eventually expanded to include privately run hospitals, outpatient clinics, health assessments, GP services, dental centres, digital health, aged care and other health services. Bupa has expanded internationally from its UK operations. Malta was

11340-681: 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

11480-717: 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

11620-510: 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

11760-643: 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

11900-487: 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

12040-702: The debate from a neo-liberal perspective in Storm over the Multinationals (1977). Poland – in Europe  (green & dark grey) – in the European Union  (green)  –  [ Legend ] Poland , officially the Republic of Poland , is a country in Central Europe . It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in

12180-403: The decades up until World War I , a new political tradition was established in the country. Many exiled Polish activists, such as Ignacy Jan Paderewski , who would later become prime minister, returned home. A significant number of them then went on to take key positions in the newly formed political and governmental structures. Tragedy struck in 1922 when Gabriel Narutowicz , inaugural holder of

12320-567: The demand for craft labour spurred a migration of German and Flemish settlers into Poland, which was encouraged by the Polish dukes. In 1264, the Statute of Kalisz introduced unprecedented autonomy for the Polish Jews , who came to Poland fleeing persecution elsewhere in Europe. In 1320, Władysław I the Short became the first king of a reunified Poland since Przemysł II in 1296, and

12460-607: The detriment of care. In 2017, there was a data breach involving health insurance customers in the Bupa Global division. In 2018, Bupa UK was fined £ 1,500,000 after a care home resident died after contracting Legionnaire's disease . Bupa has been fined over £3 million by UK government agencies since 2013 Bupa's operations in Australia have been the subject of regulatory action and criticism in news media, particularly in 2018 and 2019. Previous issues and allegations made include: Multinational corporation Most of

12600-549: The doctrine of the so-called Polish Brethren , who separated from their Calvinist denomination and became the co-founders of global Unitarianism . The European Renaissance evoked under Sigismund I the Old and Sigismund II Augustus a sense of urgency in the need to promote a cultural awakening . During the Polish Golden Age , the nation's economy and culture flourished. The Italian-born Bona Sforza , daughter of

12740-711: The earliest evidence of European cheesemaking (5500 BC) was discovered in Polish Kuyavia , and the Bronocice pot is incised with the earliest known depiction of what may be a wheeled vehicle (3400 BC). The period spanning the Bronze Age and the Early Iron Age (1300 BC–500 BC) was marked by an increase in population density, establishment of palisaded settlements ( gords ) and the expansion of Lusatian culture . A significant archaeological find from

12880-602: The elections organised by the occupying Soviet authorities were falsified and were used to provide a veneer of legitimacy for Soviet hegemony over Polish affairs. The Soviet Union instituted a new communist government in Poland, analogous to much of the rest of the Eastern Bloc . As elsewhere in Communist Europe , the Soviet influence over Poland was met with armed resistance from the outset which continued into

13020-602: The end of World War I in 1918 with the creation of the Second Polish Republic , which emerged victorious in various conflicts of the interbellum period. In September 1939, the invasion of Poland by Germany and the Soviet Union marked the beginning of World War II , which resulted in the Holocaust and millions of Polish casualties . Forced into the Eastern Bloc in the global Cold War ,

13160-481: 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

13300-503: The first King of Poland in c.  1025 , when Bolesław received permission for his coronation from Pope John XIX . Bolesław also expanded the realm considerably by seizing parts of German Lusatia , Czech Moravia , Upper Hungary , and southwestern regions of the Kievan Rus' . The transition from paganism in Poland was not instantaneous and resulted in the pagan reaction of the 1030s . In 1031, Mieszko II Lambert lost

13440-647: The first elected king, approbated the Henrician Articles which obliged future monarchs to respect the rights of nobles. When he left Poland to become King of France , his successor, Stephen Báthory , led a successful campaign in the Livonian War , granting Poland more lands across the eastern shores of the Baltic Sea. State affairs were then headed by Jan Zamoyski , the Crown Chancellor . Stephen's successor, Sigismund III , defeated

13580-524: The first to be crowned at Wawel Cathedral in Kraków. Beginning in 1333, the reign of Casimir III the Great was marked by developments in castle infrastructure , army, judiciary and diplomacy . Under his authority, Poland transformed into a major European power; he instituted Polish rule over Ruthenia in 1340 and imposed quarantine that prevented the spread of Black Death . In 1364, Casimir inaugurated

13720-652: The genocidal Generalplan Ost . Poland made the fourth-largest troop contribution in Europe, and its troops served both the Polish Government in Exile in the west and Soviet leadership in the east . Polish troops played an important role in the Normandy , Italian , North African Campaigns and Netherlands and are particularly remembered for the Battle of Britain and Battle of Monte Cassino . Polish intelligence operatives proved extremely valuable to

13860-416: 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

14000-576: 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

14140-415: 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

14280-460: 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)

14420-737: The last 10 years the foundation has invested more than AUS$ 35 million in partnerships. Focus areas include youth mental health including partnerships with Kids Helpline, Macquarie University Centre for Emotional Health, Edith Cowan University. The Fundacion Sanitas focuses on inclusive sports, the recognition of young doctors in Spain, the health and well-being of caregivers of people with dementia, cooperation in health and research in cardiovascular diseases. Bupa has been criticised by some judges, coroners and regulators regarding failures to meet regulatory standards in some of its residential care homes . Staff and families of residents in some care homes have criticised Bupa for allegedly prioritising profits to

14560-474: 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 ,

14700-434: 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

14840-543: 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

14980-426: The new Prime Minister leading a coalition made up of Civic Coalition , Third Way , and The Left . Law and Justice became the leading opposition party. Poland covers an administrative area of 312,722 km (120,743 sq mi), and is the ninth-largest country in Europe . Approximately 311,895 km (120,423 sq mi) of the country's territory consists of land, 2,041 km (788 sq mi)

15120-530: The nobility. The failed attempts at government restructuring as well as the domestic turmoil provoked its neighbours to invade. In 1772, the First Partition of the Commonwealth by Prussia, Russia and Austria took place; an act which the Partition Sejm , under considerable duress, eventually ratified as a fait accompli . Disregarding the territorial losses, in 1773 a plan of critical reforms

15260-484: The period known as Golden Liberty , when the state was ruled by the seemingly free and equal Polish nobles . The 16th century saw Protestant Reformation movements making deep inroads into Polish Christianity, which resulted in the establishment of policies promoting religious tolerance, unique in Europe at that time. This tolerance allowed the country to avoid the religious turmoil and wars of religion that beset Europe. In Poland, Nontrinitarian Christianity became

15400-478: The population to private manorial farmstead known as folwarks . In 1493, John I Albert sanctioned the creation of a bicameral parliament composed of a lower house, the Sejm , and an upper house, the Senate . The Nihil novi act adopted by the Polish General Sejm in 1505, transferred most of the legislative power from the monarch to the parliament, an event which marked the beginning of

15540-481: The presence of Roman Legions sent to protect the amber trade . The Polish tribes emerged following the second wave of the Migration Period around the 6th century AD; they were Slavic and may have included assimilated remnants of peoples that earlier dwelled in the area. Beginning in the early 10th century, the Polans would come to dominate other Lechitic tribes in the region, initially forming

15680-640: The presidency, was assassinated at the Zachęta Gallery in Warsaw by a painter and right-wing nationalist Eligiusz Niewiadomski . In 1926, the May Coup , led by the hero of the Polish independence campaign Marshal Józef Piłsudski , turned rule of the Second Polish Republic over to the nonpartisan Sanacja ( Healing ) movement to prevent radical political organisations on both the left and

15820-560: 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

15960-418: The problems of the refugees and their families, as well as providing employment for Ukrainian medial staff in its facilities. This is taken from published corporate information by Bupa and regulatory reports, financial disclosures. Bupa's global operations across its group are structured across three divisions ("Market Units") together with a number of other business and partnerships. The company's main office

16100-527: The protohistory of Poland is a fortified settlement at Biskupin , attributed to the Lusatian culture of the Late Bronze Age (mid-8th century BC). Throughout antiquity (400 BC–500 AD), many distinct ancient populations inhabited the territory of present-day Poland, notably Celtic , Scythian , Germanic , Sarmatian , Baltic and Slavic tribes. Furthermore, archaeological findings confirmed

16240-611: 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

16380-500: The right from destabilizing the country. By the late 1930s, due to increased threats posed by political extremism inside the country, the Polish government became increasingly heavy-handed, banning a number of radical organisations, including communist and ultra-nationalist political parties, which threatened the stability of the country. World War II began with the Nazi German invasion of Poland on 1 September 1939, followed by

16520-422: The site of Bupa's first overseas business in 1971 and it started insurance operations in Hong Kong in 1976. In 1982, Bupa International was launched to provide worldwide medical cover to people working outside their home country. This business division is now branded as 'Bupa Global'. In 1989, Bupa acquired ' Sanitas' S.A. de Seguros, now Spain's second largest private medical insurer. This has expanded to become

16660-571: The south, bordered by Lithuania and Russia to the northeast, Belarus and Ukraine to the east, Slovakia and the Czech Republic to the south, and Germany to the west. The territory is characterised by a varied landscape, diverse ecosystems, and temperate transitional climate. Poland is composed of sixteen voivodeships and is the fifth most populous member state of the European Union (EU), with over 38 million people, and

16800-501: 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

16940-626: The summer of 1944 it initiated Operation Tempest , of which the Warsaw Uprising that began on 1 August 1944 is the best-known operation. Nazi German forces under orders from Adolf Hitler set up six German extermination camps in occupied Poland, including Treblinka , Majdanek and Auschwitz . The Germans transported millions of Jews from across occupied Europe to be murdered in those camps. Altogether, 3 million Polish Jews – approximately 90% of Poland's pre-war Jewry – and between 1.8 and 2.8 million ethnic Poles were killed during

17080-622: The time. In the Baltic Sea region, the struggle of Poland and Lithuania with the Teutonic Knights continued and culminated at the Battle of Grunwald in 1410, where a combined Polish-Lithuanian army inflicted a decisive victory against them. In 1466, after the Thirteen Years' War , king Casimir IV Jagiellon gave royal consent to the Peace of Thorn , which created the future Duchy of Prussia under Polish suzerainty and forced

17220-617: The title of king and fled amidst the violence. The unrest led to the transfer of the capital to Kraków in 1038 by Casimir I the Restorer . In 1076, Bolesław II re-instituted the office of king, but was banished in 1079 for murdering his opponent, Bishop Stanislaus . In 1138, the country fragmented into five principalities when Bolesław III Wrymouth divided his lands among his sons. These were Lesser Poland , Greater Poland, Silesia , Masovia and Sandomierz , with intermittent hold over Pomerania . In 1226, Konrad I of Masovia invited

17360-547: The unemployment rate increased. Poland became a member of the Visegrád Group in 1991, and joined NATO in 1999. Poles then voted to join the European Union in a referendum in June 2003, with Poland becoming a full member on 1 May 2004, following the consequent enlargement of the organisation . Poland has joined the Schengen Area in 2007, as a result of which, the country's borders with other member states of

17500-546: The vast Commonwealth began declining from internal disorder and constant warfare. In 1648, the Polish hegemony over Ukraine sparked the Khmelnytsky Uprising , followed by the decimating Swedish Deluge during the Second Northern War , and Prussia's independence in 1657. In 1683, John III Sobieski re-established military prowess when he halted the advance of an Ottoman Army into Europe at

17640-496: 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

17780-573: 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

17920-503: 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

18060-625: Was chosen to be President of the European Council , and resigned as prime minister. The 2015 and 2019 elections were won by the national-conservative Law and Justice Party (PiS) led by Jarosław Kaczyński , resulting in increased Euroscepticism and increased friction with the European Union. In December 2017, Mateusz Morawiecki was sworn in as the Prime Minister, succeeding Beata Szydlo , in office since 2015. President Andrzej Duda , supported by Law and Justice party,

18200-438: 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

18340-530: Was established, in which the Commission of National Education , the first government education authority in Europe, was inaugurated. Corporal punishment of schoolchildren was officially prohibited in 1783. Poniatowski was the head figure of the Enlightenment , encouraged the development of industries, and embraced republican neoclassicism . For his contributions to the arts and sciences he was awarded

18480-514: Was extensively funded by his sponsor and former lover, Empress Catherine II of Russia . The new king maneuvered between his desire to implement necessary modernising reforms, and the necessity to remain at peace with surrounding states. His ideals led to the formation of the 1768 Bar Confederation , a rebellion directed against the Poniatowski and all external influence, which ineptly aimed to preserve Poland's sovereignty and privileges held by

18620-448: 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

18760-546: 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

18900-710: Was previously the CEO of Bupa's Europe and Latin America division. Following the Russian invasion of Ukraine and the resulting war, Bupa announced that it would be ending relations with businesses in Russian and Russian-controlled businesses. Through its business in Poland, Lux/Med, Bupa has been working with the authorities and other institutions to offer urgent free medical assistance to refugees from Ukraine through its 258 medical centres and 13 hospitals.  It has set up teams of paramedics, doctors and medical equipment to solve

19040-432: Was re-elected in the 2020 presidential election . As of November 2023 , the Russian invasion of Ukraine had led to 17 million Ukrainian refugees crossing the border to Poland. As of November 2023 , 0.9 million of those had stayed in Poland. In October 2023, the ruling Law and Justice (PiS) party won the largest share of the vote in the election , but lost its majority in parliament. In December 2023, Donald Tusk became

19180-513: 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

19320-575: Was then Australia's second largest private medical insurer. In 2011, Bupa Australia brought together the insurance brands MBF, HBA and Mutual Community under the Bupa brand. Bupa acquired the Amity Group of care homes in Australia in 2007. In 2010, Bupa launched a partnership in India with Max India Ltd. In 2019, Bupa completed the transition to a new partner, True North, while retaining a 44.42% stake in

19460-517: Was to become Poland approximately 500,000 years ago, though the ensuing hostile climate prevented early humans from founding more permanent encampments. The arrival of Homo sapiens and anatomically modern humans coincided with the climatic discontinuity at the end of the Last Glacial Period ( Northern Polish glaciation 10,000 BC), when Poland became habitable. Neolithic excavations indicated broad-ranging development in that era;

19600-522: Was under the protection of the Apostolic See . The country's early origins were described by Gallus Anonymus in Gesta principum Polonorum , the oldest Polish chronicle. An important national event of the period was the martyrdom of Saint Adalbert , who was killed by Prussian pagans in 997 and whose remains were reputedly bought back for their weight in gold by Mieszko's successor, Bolesław I

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