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113-660: Genpact Ltd. is an American multinational information technology services, consulting , and outsourcing company headquartered in New York City , New York . Founded in Gurgaon , India , and legally domiciled in Bermuda , Genpact currently employs more than 125,000 people and provides services to clients in over 30 countries worldwide. Genpact is listed on the NYSE and generated revenues of US$ 4.48 billion in 2023. Genpact

226-435: A crime ." Some advocacy groups recommend using the terms took his/her own life , died by suicide , or killed him/herself instead of committed suicide . The Associated Press Stylebook recommends avoiding "committed suicide" except in direct quotes from authorities. The Guardian and Observer style guides deprecate the use of "committed", as does CNN . Opponents of commit argue that it implies that suicide

339-532: A right to die . The act of taking one's life for the benefit of others is known as altruistic suicide . An example of this is an elder ending his or her life to leave greater amounts of food for the younger people in the community. Suicide in some Inuit cultures has been seen as an act of respect, courage, or wisdom. A suicide attack is a political or religious action where an attacker carries out violence against others which they understand will result in their own death. Some suicide bombers are motivated by

452-404: A suicide note , and media are discouraged from reporting the contents of that message. When detailed descriptions of how to kill oneself by a specific means are portrayed, this method of suicide can be imitated in vulnerable people. This phenomenon has been observed in several cases after press coverage. In a bid to reduce the adverse effect of media portrayals concerning suicide report, one of

565-736: A suicide pact . In extenuating situations where continuing to live would be intolerable, some people use suicide as a means of escape. Some inmates in Nazi concentration camps are known to have killed themselves during the Holocaust by deliberately touching the electrified fences. Suicide prevention is a term used for the collective efforts to reduce the incidence of suicide through preventive measures. Protective factors for suicide include support, and access to therapy. About 60% of people with suicidal thoughts do not seek help. Reasons for not doing so include low perceived need, and wanting to deal with

678-766: 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

791-508: 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

904-404: A criminal offense in some countries . In the 20th and 21st centuries, suicide has been used on rare occasions as a form of protest ; it has also been committed while or after murdering others , a tactic that has been used both militarily and by terrorists . Suicide is often seen as a major catastrophe, causing significant grief to the deceased's relatives, friends and community members, and it

1017-400: A decrease around Christmas, but an increase in rates during spring and summer, which might be related to exposure to sunshine. Another study found that the risk may be greater for males on their birthday. Genetics might influence rates of suicide. A family history of suicide, especially in the mother, affects children more than adolescents or adults. Adoption studies have shown that this is

1130-476: A desire to obtain martyrdoms or are religiously motivated. Kamikaze missions were carried out as a duty to a higher cause or moral obligation. Murder–suicide is an act of homicide followed within a week by suicide of the person who carried out the act. Mass suicides are often performed under social pressure where members give up autonomy to a leader (see Notable cases below). Mass suicides can take place with as few as two people, often referred to as

1243-492: A difference in rates of attempted suicide. Young women in the Middle East may have higher rates. Certain occupations carry an elevated risk of self-harm and suicide, such as military careers. Research in several countries has found that the rate of suicide among former armed forces personnel in particular, and young veterans especially, is markedly higher than that found in the general population. War veterans have

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1356-429: 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

1469-611: A higher risk for future attempts. Effective suicide prevention efforts include limiting access to methods of suicide such as firearms, drugs, and poisons; treating mental disorders and substance abuse; careful media reporting about suicide; improving economic conditions; and dialectical behaviour therapy (DBT). Although crisis hotlines , like 988 in North America and 13 11 14 in Australia , are common resources, their effectiveness has not been well studied. Suicide

1582-490: A higher risk of suicide due in part to higher rates of mental illness, such as post-traumatic stress disorder , and physical health problems related to war. The media, including the Internet, plays an important role. Certain depictions of suicide may increase its occurrence, with high-volume, prominent, repetitive coverage glorifying or romanticizing suicide having the most impact. For example, about 15–40% of people leave

1695-611: A joint venture with the Indian company NDTV to offer outsourcing services for the media industry. In 2008, the company crossed US$ 1 billion in revenue, with 53% coming from clients other than GE. From 2010 onward, the company increasingly focused its operations and presence in Europe and the US. As part of its shift west, the company moved its headquarters to New York and in 2011, Bhasin stepped down as CEO and became non-executive vice chairman of

1808-412: A local cluster of cases. Most research does not distinguish between risk factors that lead to thinking about suicide and risk factors that lead to suicide attempts. Risks for suicide attempt, rather than just thoughts of suicide, include a high pain tolerance and a reduced fear of death . A 2002 review of about analyzing about 90 suicide related study concluded that the risk of suicide following

1921-490: 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

2034-415: A number of medications (such as beta blockers and steroids ). A number of psychological factors increase the risk of suicide including: hopelessness, loss of pleasure in life , depression , anxiousness, agitation, rigid thinking, rumination , thought suppression , and poor coping skills. A poor ability to solve problems, the loss of abilities one used to have, and poor impulse control also play

2147-400: A personality disorder, with borderline personality disorder being the most common. About 5% of people with schizophrenia die of suicide. Eating disorders are another high risk condition. Around 22% to 50% of people with gender dysphoria have attempted suicide, however this greatly varies by region. Among approximately 80% of suicides, the individual has seen a physician within

2260-508: A preventive effect, for instance fiction might normalize mental health problems and encourage help-seeking. Some environmental exposures, including air pollution , intense sunlight , sunlight duration , hot weather , and high altitude , are associated with suicide. There is a possible association between short-term PM 10 exposure and suicide. These factors might affect certain high-risk individuals more than others. The time of year may also affect suicide rates. There appears to be

2373-410: A previous attempt or self-harm is hundreds of time larger than in the general population. A more recent study estimated that individuals with a history of suicide attempts are approximately 25 times more likely to die by suicide compared to the general population. These findings makes a suicide attempt one of the strongest predictors of eventual completed attempt. Among the population that completed

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2486-584: A propensity for suicide. Cannabis , however, does not appear to independently increase the risk. Non-suicidal self-harm is common with 18% of people engaging in self-harm over the course of their life. Acts of self-harm are not usually suicide attempts and most who self-harm are not at high risk of suicide. Some who self-harm, however, do still end their life by suicide, and risk for self-harm and suicide may overlap. Individuals who have been identified as self-harming after being admitted to hospital are 68% ( 38 – 105% ) more likely to die by suicide. There

2599-485: A range of solutions in areas such as finance and accounting , insurance claim processing , IT management and technical support . By 2004, GECIS oversaw around 700 business processes for GE that had migrated from the US to India, generating revenues of US$ 426 million. In January 2005, the company became independent and started to serve clients outside of GE. As part of this transition, the company changed its name to Genpact for “generating business impact.” Also in 2005,

2712-429: A role in depression ( major depressive disorder ), and interventions in these areas may be an effective add-on to conventional methods. Vitamin B 2 , B 6 and B 12 deficiency may cause depression in females. Risk of depression may be reduced with a healthy diet "high in fruits, vegetables, nuts, and legumes; moderate amounts of poultry, eggs, and dairy products; and only occasional red meat". A balanced diet and

2825-506: A role. In older adults, the perception of being a burden to others is important. Those who have never married are also at greater risk. Recent life stresses , such as a loss of a family member or friend or the loss of a job, might be a contributing factor. Certain personality factors, especially high levels of neuroticism and introvertedness , have been associated with suicide. This might lead to people who are isolated and sensitive to distress to be more likely to attempt suicide. On

2938-484: Is an association between suicidality and physical health problems such as chronic pain, traumatic brain injury, cancer, chronic fatigue syndrome , kidney failure (requiring hemodialysis ), HIV , and systemic lupus erythematosus . The diagnosis of cancer approximately doubles the subsequent frequency of suicide. The prevalence of increased suicidality persisted after adjusting for depressive illness and alcohol abuse. Among people with more than one medical condition

3051-466: Is another strong predictor. Time passing since an attempt also plays critical role. The first and the second year have the highest risk of completed attempt. It is estimated that 1% die by suicide within a year of the first attempt It is estimated that about 90% of suicide survivors will not die of suicide. Mental illness is present at the time of suicide 27% to more than 90% of the time. Of those who have been hospitalized for suicidal behavior,

3164-569: Is associated with an increased rate of suicide and attempted suicide. The pro-suicidal effects of benzodiazepines are suspected to be due to a psychiatric disturbance caused by side effects, such as disinhibition , or withdrawal symptoms. Countries that have higher rates of alcohol use and a greater density of bars generally also have higher rates of suicide. About 2.2–3.4% of those who have been treated for alcoholism at some point in their life die by suicide. Alcoholics who attempt suicide are usually male, older, and have tried to take their own lives in

3277-459: Is believed to contribute to approximately 20% of the overall risk. Significant adversity early in life has a negative effect on problem-solving skills and memory, both of which are implicated in suicidality. According to a 2022 study, adverse childhood experiences maybe "associated with a two-fold higher odds" of anxiety disorders, depression and suicidality." Problem gambling is associated with increased suicidal ideation and attempts compared to

3390-422: Is caused by altered neurotransmitter activity due to the immunological response. Rational suicide is the reasoned taking of one's own life. However, some consider suicide as never being rational. Euthanasia and assisted suicide are accepted practices in a number of countries among those who have a poor quality of life without the possibility of getting better. They are supported by the legal arguments for

3503-525: Is criminal, sinful , or morally wrong. There is no known unifying underlying pathophysiology for suicide; it is believed to result from an interplay of behavioral, socio-economic and psychological factors. Low levels of brain-derived neurotrophic factor (BDNF) are both directly associated with suicide and indirectly associated through its role in major depression, post-traumatic stress disorder, schizophrenia and obsessive–compulsive disorder . Post-mortem studies have found reduced levels of BDNF in

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3616-548: Is greatest during the withdrawal phase . Those who used inhalants are also at significant risk with around 20% attempting suicide at some point and more than 65% considering it. Smoking cigarettes is associated with risk of suicide. There is little evidence as to why this association exists; however, it has been hypothesized that those who are predisposed to smoking are also predisposed to suicide, that smoking causes health problems which subsequently make people want to end their life, and that smoking affects brain chemistry causing

3729-550: Is hard to obtain. Epigenetics , the study of changes in genetic expression in response to environmental factors which do not alter the underlying DNA , is also believed to play a role in determining suicide risk. Factors that affect the risk of suicide include mental disorders, drug misuse, psychological states , cultural, family and social situations, genetics, experiences of trauma or loss, and nihilism . Mental disorders and substance misuse frequently co-exist. Other risk factors include having previously attempted suicide,

3842-463: Is known as the "Werther effect", named after the protagonist in Goethe 's The Sorrows of Young Werther who killed himself and then was emulated by many admirers of the book. This risk is greater in adolescents who may romanticize death. It appears that while news media has a significant effect, that of the entertainment media is equivocal. It is unclear if searching for information about suicide on

3955-596: Is little evidence to support or refute their effectiveness. Preventing childhood trauma provides an opportunity for suicide prevention. The World Suicide Prevention Day is observed annually on 10 September with the support of the International Association for Suicide Prevention and the World Health Organization . About 50% of people who die of suicide have a mood disorder such as major depression. Sleep and diet may play

4068-599: Is managed by a leadership team of 13 members (2024), that the company refers to as Genpact Leadership Council. In June 2017, Genpact announced Genpact Cora, an artificial intelligence (AI)-based platform for enterprises. The platform has an application program interface (API) design and open architecture that includes Genpact’s own intellectual property as well as other providers. The platform's claimed benefits include deciphering large chunks of data, seamless customer service, faster financial reporting, and increasing speed to market. Multinational corporation Most of

4181-410: 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

4294-453: Is partly related to the availability of effective means. Views on suicide have been influenced by broad existential themes such as religion, honor, and the meaning of life. The Abrahamic religions traditionally consider suicide as an offense towards God due to belief in the sanctity of life . During the samurai era in Japan, a form of suicide known as seppuku ( 腹切り , harakiri )

4407-424: Is that deaths by healthy adolescents likely do not increase inclusive fitness. Adaptation to a very different ancestral environment may be maladaptive in the current one. Trauma is a risk factor for suicidality in both children and adults. Some may take their own lives to escape bullying or prejudice . A history of childhood sexual abuse and time spent in foster care are also risk factors. Sexual abuse

4520-420: Is the 10th leading cause of death worldwide, accounting for approximately 1.5% of total deaths. In a given year, this is roughly 12 per 100,000 people. Though suicides resulted in 828,000 deaths globally in 2015, an increase from 712,000 deaths in 1990, the age-standardized death rate decreased by 23.3%. By gender , suicide rates are generally higher among men than women, ranging from 1.5 times higher in

4633-556: Is the second most common risk factor for suicide after major depression and bipolar disorder. Both chronic substance misuse as well as acute intoxication are associated. When combined with personal grief, such as bereavement , the risk is further increased. Substance misuse is also associated with mental health disorders. Most people are under the influence of sedative-hypnotic drugs (such as alcohol or benzodiazepines) when they die by suicide, with alcoholism present in between 15% and 61% of cases. Use of prescribed benzodiazepines

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4746-865: 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

4859-513: Is viewed negatively almost everywhere around the world; however, assisted suicide is legal in many countries and increasing in numbers. Suicide, derived from Latin suicidium , is "the act of taking one's own life". Attempted suicide , or non-fatal suicidal behavior, amounts to self-injury with at least some desire to end one's life that does not result in death. Assisted suicide occurs when one individual helps another bring about their own death indirectly by providing either advice or

4972-848: 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

5085-676: The developing world to 3.5 times higher in the developed world ; in the Western world , non-fatal suicide attempts are more common among young people and women. Suicide is generally most common among those over the age of 70; however, in certain countries, those aged between 15 and 30 are at the highest risk. Europe had the highest rates of suicide by region in 2015. There are an estimated 10 to 20 million non-fatal attempted suicides every year. Non-fatal suicide attempts may lead to injury and long-term disabilities. The most commonly adopted method of suicide varies from country to country and

5198-445: The hippocampus and prefrontal cortex , in those with and without psychiatric conditions. Serotonin , a brain neurotransmitter , is believed to be low in those who die by suicide. This is partly based on evidence of increased levels of 5-HT2A receptors found after death. Other evidence includes reduced levels of a breakdown product of serotonin, 5-hydroxyindoleacetic acid , in the cerebral spinal fluid . However, direct evidence

5311-670: 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

5424-685: The ADRs reaction texts are missed. MHRA and Genpact announced an expansion of the partnership in January 2022. In August 2021, Genpact signed a multi-year digital transformation contract with Coca-Cola Beverages in Africa. During the COVID-19 pandemic, Genpact opened its internal learning and reskilling platform, "Genome", to public access. That same year, the company expanded its operations in Germany, and

5537-551: 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

5650-575: 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

5763-596: The Internet relates to the risk of suicide. The opposite of the Werther effect is the proposed "Papageno effect", in which coverage of effective coping mechanisms may have a protective effect. The term is based upon a character in Mozart 's opera The Magic Flute —fearing the loss of a loved one, he had planned to kill himself until his friends helped him out. As a consequence, fictional portrayals of suicide, showing alternative consequences or negative consequences, might have

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5876-574: 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

5989-558: 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,

6102-464: 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

6215-636: 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

6328-541: 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

6441-506: 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

6554-614: 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

6667-461: 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

6780-524: 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

6893-766: 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

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7006-507: 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

7119-469: 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 ,

7232-514: The case for biological relatives, but not adopted relatives. This makes familial risk factors unlikely to be due to imitation . Once mental disorders are accounted for, the estimated heritability rate is 36% for suicidal ideation and 17% for suicide attempts. An evolutionary explanation for suicide is that it may improve inclusive fitness . This may occur if the person dying by suicide cannot have more children and takes resources away from relatives by staying alive. An objection to this explanation

7345-742: 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

7458-654: 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

7571-496: The company opened additional offices in India and by the end of the year, recorded US$ 493 million in revenue, with 15% coming from new global clients, and the remaining 85% from GE. In 2006, Genpact further expanded in India, the Philippines, Mexico and China. In August 2007, Genpact was listed on the NYSE under the symbol 'G'. The company continued to grow, opening offices in six additional countries that same year and launching

7684-532: The company. He was succeeded on 17 June 2011 by NV "Tiger”" Tyagarajan , who was appointed to the Board of Directors and became Genpact's new CEO. Tyagarajan was previously CEO of Genpact from 1999 to 2002, when he led the business through a critical growth phase as a subsidiary of GE. When Genpact became an independent company, he rejoined the firm from GE Capital U.S. as executive vice president of sales and business development from 2005 to 2009. Thereafter, he took on

7797-510: 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

7910-410: The country. Being religious may reduce one's risk of suicide while beliefs that suicide is noble may increase it. This has been attributed to the negative stance many religions take against suicide and to the greater connectedness religion may give. Muslims , among religious people, appear to have a lower rate of suicide; however, the data supporting this is not strong. There does not appear to be

8023-643: 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

8136-487: 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

8249-640: The debate from a neo-liberal perspective in Storm over the Multinationals (1977). Suicide Suicide is the act of intentionally causing one's own death . Mental disorders , physical disorders , and substance abuse are common risk factors. Some suicides are impulsive acts driven by stress (such as from financial or academic difficulties ), relationship problems (such as breakups or divorces ), or harassment and bullying . Those who have previously attempted suicide are at

8362-429: The effective methods is to educate journalists on how to report suicide news in a manner that might reduce that possibility of imitation and encourage those at risk to seek for help. When journalists follow certain reporting guidelines the risk of suicides can be decreased. Getting buy-in from the media industry, however, can be difficult, especially in the long term. This trigger of suicide contagion or copycat suicide

8475-481: 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

8588-517: The frequency was particularly high. In Japan, health problems are listed as the primary justification for suicide. Sleep disturbances, such as insomnia and sleep apnea , are risk factors for depression and suicide. In some instances, the sleep disturbances may be a risk factor independent of depression. A number of other medical conditions may present with symptoms similar to mood disorders, including hypothyroidism , Alzheimer's , brain tumors , systemic lupus erythematosus, and adverse effects from

8701-466: The general population. Between 12 and 24% of pathological gamblers attempt suicide. The rate of suicide among their spouses is three times greater than that of the general population. Other factors that increase the risk in problem gamblers include concomitant mental illness, alcohol, and drug misuse. Infection by the parasite Toxoplasma gondii , more commonly known as toxoplasmosis , has been linked with suicide risk. One explanation states that this

8814-416: 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

8927-576: 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

9040-415: 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

9153-447: The lack of social support has been associated with an increased risk of suicide. Poverty is also a factor, with heightened relative poverty compared to those around a person increasing suicide risk. Over 200,000 farmers in India have died by suicide since 1997, partly due to issues of debt. In China, suicide is three times as likely in rural regions as urban ones, partly, it is believed, due to financial difficulties in this area of

9266-460: 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)

9379-474: 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 ,

9492-663: The lifetime risk of suicide is 8.6%. Comparatively, non-suicidal people hospitalized for affective disorders have a 4% lifetime risk of suicide. Half of all people who die by suicide may have major depressive disorder ; having this or one of the other mood disorders such as bipolar disorder increases the risk of suicide 20-fold. Other conditions implicated include schizophrenia (14%), personality disorders (8%), obsessive–compulsive disorder , and post-traumatic stress disorder . Those with autism also attempt and consider suicide more frequently. Others estimate that about half of people who die by suicide could be diagnosed with

9605-494: 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

9718-543: 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

9831-442: The means to the end. Euthanasia , more specifically voluntary euthanasia , is where another person takes a more active role in bringing about a person's death. Suicidal ideation is thoughts of ending one's life but not taking any active efforts to do so. It may or may not involve exact planning or intent. Suicidality is defined as "the risk of suicide, usually indicated by suicidal ideation or intent, especially as evident in

9944-432: The normal verb in scholarly research and journalism for the act of suicide was commit , and argued for destigmatizing terminology related to suicide; in 2011, they published an article calling for changing the language used around suicide entitled "Suicide and language: Why we shouldn't use the 'C' word". The American Psychological Association lists "committed suicide" as a term to avoid because it " frame [s] suicide as

10057-400: The other hand, optimism has been shown to have a protective effect. Other psychological risk factors include having few reasons for living and feeling trapped in a stressful situation. Changes to the stress response system in the brain might be altered during suicidal states. Specifically, changes in the polyamine system and hypothalamic–pituitary–adrenal axis . Social isolation and

10170-713: The past, may also be effective. Some have proposed reducing access to alcohol as a preventive strategy (such as reducing the number of bars). In young adults who have recently thought about suicide, cognitive behavioral therapy appears to improve outcomes. School-based programs that increase mental health literacy and train staff have shown mixed results on suicide rates. Economic development through its ability to reduce poverty may be able to decrease suicide rates. Efforts to increase social connection , especially in elderly males, may be effective. In people who have attempted suicide, following up on them might prevent repeat attempts. Although crisis hotlines are common, there

10283-402: The past. Between 3 and 35% of deaths among those who use heroin are due to suicide (approximately fourteenfold greater than those who do not use). In adolescents who misuse alcohol, neurological and psychological dysfunctions may contribute to the increased risk of suicide. The misuse of cocaine and methamphetamine has a high correlation with suicide. In those who use cocaine, the risk

10396-479: The presence of a well-elaborated suicidal plan." In a murder–suicide (or homicide–suicide), the individual aims at taking the lives of others at the same time. A special case of this is extended suicide, where the murder is motivated by seeing the murdered persons as an extension of their self. Suicide in which the reason is that the person feels that they are not part of society is known as egoistic suicide . The Centre for Suicide Prevention in Canada found that

10509-560: 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

10622-602: The problem alone. Despite these high rates, there are few established treatments available for suicidal behavior. Reducing access to certain methods , such as access to firearms or toxins such as opioids and pesticides, can reduce risk of suicide by that method. Reducing access to easily-accessible methods of suicide may make impulsive attempts less likely to succeed. Other measures include reducing access to charcoal (for burning) and adding barriers on bridges and subway platforms. Treatment of drug and alcohol addiction, depression, and those who have attempted suicide in

10735-574: The ready availability of a means to take one's life, a family history of suicide, or the presence of traumatic brain injury . For example, suicide rates have been found to be greater in households with firearms than those without them. Socio-economic problems such as unemployment, poverty, homelessness, and discrimination may trigger suicidal thoughts. Suicide might be rarer in societies with high social cohesion and moral objections against suicide. Genetics appears to account for between 38% and 55% of suicidal behaviors. Suicides may also occur as

10848-611: 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

10961-439: The role of President and CEO. He replaced Tiger Tyagarajan, who retired. BK was previously Genpact's Global Business Leader, Financial Services and Consumer & Healthcare. In September 2020, UK Medicines and Healthcare products Regulatory Agency contracted Genpact to supply an Artificial intelligence software tool to process the expected high volume of COVID-19 vaccine Adverse drug reactions to ensure that no details from

11074-568: The role of the firm's chief operating officer, before being named CEO in 2011. Bain Capital became the firm's largest shareholder in October 2012. In February 2019, Genpact contractors in Hyderabad who were assigned content moderation tasks for Facebook reportedly experienced psychological trauma while evaluating videos depicting suicide , torture , terrorism , and pornography . On February 9, 2024, Balkrishan Kalra (“BK”) assumed

11187-501: 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

11300-399: The suicide attempt, it is estimated that between 25% (after one year) to 40% tried to commit suicide before. The likelihood of completion of the subsequent attempt depends on the means used, the age of the person and their gender. Other risk factors such as substance use and mental health impact likelihood of completed attempt after an attempt. High suicidal intent during previous attempts

11413-458: The time, said that GECIS was a key driver of GE’s growth between 1998 and 2001, and was responsible for reducing operating costs by approximately US$ 1 billion. In 2003, GE reduced its stake in GECIS to 40% and sold the remainder to two American private equity firms. At the time of the sale, GECIS employed around 13,000 people in India and 4,000 people in the US, China, Hungary and Mexico, providing

11526-496: 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

11639-573: 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

11752-503: 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

11865-448: The year before their death, including 45% within the prior month. Approximately 25–40% of those who died by suicide had contact with mental health services in the prior year. Antidepressants of the SSRI class appear to increase the frequency of suicide among children and young persons. An unwillingness to get help for mental health problems also increases the risk. Substance misuse

11978-700: Was added to the S&;P 400 Mid-Cap Index. The company also signed an agreement with the National Institute of Industrial Engineering in Mumbai to establish a Digital Manufacturing and Supply Chain center, supporting the transformation from traditional to digital manufacturing. In 2022, Genpact was added to the Bloomberg Gender Equality Index. Genpact operates worldwide and is currently active in more than 30 countries. Genpact

12091-416: Was an experimental concept at the time and the beginning of the business process outsourcing (BPO) industry. One year after its launch, GECIS employed about 800 people and generated revenues of US$ 4 million. By 2001, GECIS operations had grown to 12,000 employees and the company began to manage a wide range of processes across GE's financial services and manufacturing businesses. Jack Welsh , CEO of GE at

12204-438: 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

12317-458: Was founded in 1997 as a unit of General Electric . The company was founded as GE Capital International Services (GECIS) in Gurgaon . Starting with 20 employees under the leadership of CEO Pramod Bhasin , its charter was to provide business process outsourcing solutions to GE's businesses. In the beginning, GECIS created processes for outsourcing back-office activities for GE Capital such as processing car loans and credit card transactions. It

12430-448: 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

12543-546: 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

12656-453: Was respected as a means of making up for failure or as a form of protest. Similarly, a ritual fast unto death, known as Vatakkiruttal ( Tamil :  வடக்கிருத்தல் , Vaṭakkiruttal , 'fasting facing north'), was a Tamil ritual suicide in ancient India during the Sangam age . Suicide and attempted suicide, while previously illegal, are no longer so in most Western countries. It remains

12769-513: 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

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