kindly answer 3-18 only

+ 25 % Y Cou're starting to see them everywhere... charging sta suppliers combined. When the factory is up and running tions for electric vehicles (EVS). That's a sure sign that (planned for 2020), it will be the largest EV battery manufac- the global auto industry is going through a massive turer in the world. As one consultant described. CATL's "inten- change. You shouldn't be surprised, therefore, that experts are tions are very clear." It wants to be the biggest hattery producer predicting that electric vehicles (EVs) will be as cheap as gaso in the world, which means doing business beyond China. Right line models by 2025. Or that by the year 2040, one-third of the now, however, 99 percent of CATL's business comes from global auto fleet will be EVs.50 The highest demand for EVS home contracts in China. Some of these have included foreign likely will be driven by the world's biggest economies: Europe, automakers that have been forced to partner with local bat- the United States, and China. Rather than fossil-fuel powered tery makers" if they want to sell EVs in China. Where is CATL cars, which require millions of barrels a day of oil production, looking to go next? Europe and of course, the United States. batteries are becoming "the" essential products. The declinc Can it succeed in the global market? Will it be able to compete in oil productionwhich will without government support? lead to serious consequences The challenges of Only time will tell. It's already for oil-exporting countries is acquired a contract manufac- being offset by rising produc- ADAPTING TO INDUSTRY turer in Finland and has added tion of lithium-ion batteries. CHANGE offices in Paris and facilities in That's where the next boom is Germany. It's definitely mak- coming! ing global moves. The lithium-ion batteries that power EVs are the same type of batteries that power your laptops and smartphones. Discussion Questions Producing those rechargeable batteries, requires cobalt, and the 3-14 How does this story illustrate a global village? world's biggest producer of cobalt is Congo. Who do you think 3-15 Using Exhibit 3-1, what approach is China's CATL using to go is the biggest consumer of cobalt from Congo? It's not who global? Explain your choices). you might think. It's China. Chinese companies betting big 3-16 What kind of MNC do you think CATL is? Explain your choice. on battery production, are keenly aware of Congo's importance 3-17 How would Hofstede's dimensions of national culture and to controlling the battery market. And these Chinese companies GLOBE findings be useful to CATL's management as it moves to now dominate the first steps in the lithium-ion battery produc- Europe and eventually the United States? tion process and produce over three-fourths of all refined co- 3-18 As much as 14 percent of the cobalt output in Congo comes balt chemicals from mining done by creuseurs or freelancers 63 U.S. and One Chinese company in particular, Contemporary European companies are leery of doing business with cobalt Amperex Technology Ltd., or CATL, has quickly become the suppliers who buy from these creuseurs, partly because some EV battery production Icader.2 Now, it's looking to expand of the miners are children. These children rarely wear salety masks or other safety equipment and can suffer crippling inju- abroad. It's gearing up by building a massive $1.3 billion bat- ries doing this dangerous job. (al Does this response by these tery production complex in Ningde, a city in eastern China. companies fall under the classical view of social responsibility The complex will be second in size only to Tesla Inc.'s mam. or the socioeconomic view of social responsibility? Explain. (b) moth Gigafactory in Sparks, Nevada. However, with this Look at the definition of social responsibility in the chapter and huge expansion, CATL will surpass the capacity of all other discuss the ethical factors in this scenario