Nobody downloaded yet

Mncs As A Force For Development - Essay Example

Comments (1) Cite this document
Summary
The last few decades have seen dramatic increase in foreign direct investments and multinationals in terms of geographical spread, size and activities multiplicity. This growth has been associated with the generation and command of resources across the world as well as been a positive force for economic development and growth. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.7% of users find it useful
Mncs As A Force For Development
Read TextPreview

Extract of sample "Mncs As A Force For Development"

Download file to see previous pages The unprecedented increase and expansion of multinational corporations has seen increase of interest among the media, scholars and the public who have explored the subject. Multinationals are deemed as key instruments in maximizing economic welfare across the globe while in other aspects they are deemed dangerous agents of economic imperialism (Ietto-­Giles 2012, p. 33). These are issues and basic facts that have been examined by different scholars using different theories and have had different views and conclusions through different opinions and ideologies. Growth in multinational enterprises has been associated with growth in world economies through development of technology, information and communication as well as distribution of resources across the globe (Buckley 2009, 132). Multinationals have also been deemed vital in creating employment in the world markets and enhancing economic development in the economies where they have invested. However, these positive aspects have not been free from the possible perils that come with foreign investments and growth of multinationals. For instance, growth of multinationals in third world nations has been associated with the uneven development; this has mainly risen from overpricing of technology (Rodriguez-Clare 1996, p. 852). Aim of the study The main aim of this study is to explore the growth in multinational corporations and their spread across the world, with a view to examine the extent to which they are a force of development and progress. The study will explore the current trend in multinational corporations and identify how the growth has been associated with economic development and progress. The study will also examine possible perils associated with growth of multinationals. This will help identify whether the positive results of multinationals growth far outweighs the possible perils. Growth trend in multinational enterprises According to Buckley and Casson (2009, p. 1563), Multinational enterprises or the MNEs are defined as firms that own and control activities in more than one country through mergers joint ventures or franchises. These are businesses that are started in one country and later on start investing in foreign countries by establishing their market operations in the existing and emerging markets. There has been enormous growth in multinational enterprises or the MNCs and the international direct investment in the recent decades (Buckley, P & Casson 2003, p. 219). Companies based in industrialized nations have been leaders in establishment of multinational operations due to their strength in ownership advantages that is derived from innovation and highly advanced technological applications. Multinationals have been strongly associated with economic growth and trade. United States, Japan and Sweden among other developed nations are identified as leading home countries for most multinationals since the countries are mainly the source of the foreign direct investment (Dunning & Sarianna 2008, p. 182). FDI is one of the most common mechanisms used by MNCs to start and maintain business operations in foreign countries. Few companies were investing overseas in the early and mid-1960s, however, the trend of growth changed and there was significant change towards foreign direct investment activities. Since 1990s, there has been significant growth in international trade and production that has not only been reflected by the magnitude of the multinational firms but has also had sectoral composition of inflows and outflows. The significant change in sectoral composition and geographical investment activi ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Mncs As A Force For Development Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
Retrieved from https://studentshare.org/business/1396335-drawing-on-theory-and-evidence-assess-the-extent
(Mncs As A Force For Development Essay Example | Topics and Well Written Essays - 2500 Words)
https://studentshare.org/business/1396335-drawing-on-theory-and-evidence-assess-the-extent.
“Mncs As A Force For Development Essay Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/business/1396335-drawing-on-theory-and-evidence-assess-the-extent.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
ra
ratkejoanny added comment 1 year ago
Student rated this paper as
At first, I thought 10 of pages is too much for such a issue. But now I see it could not be done smarter. As the author starts you see the difficulty of the topic. I’ve read all at once. Wonderful paper

CHECK THESE SAMPLES OF Mncs As A Force For Development

Free trade is the primary force driving economic development

...?Free trade is the primary force driving economic development Table of Contents Introduction 3 2.Evolution of Free Trade Policy and Its Mechanism 33.Factors Influencing Free Trade Policies 5 4.Role of Free Trade Policies in Economic Development 6 5.Evidences of the Multiple Free Trade Policies 8 6.Limitations of Free Trade Policies 10 7.Barriers of Free Trade Policies 12 8.Conclusion 13 Reference 15 1. Introduction Trade liberalisation has become a focal point of many economic forums across the globe. Globalisation has made it easier for countries to look beyond their own borders for economic growth. Countries have recognised the fact that economic growth is a collective effort and all...
11 Pages(2750 words)Essay

The Workplace Diversity of MNCs

...The Workplace Diversity of MNCs In this report I have discussed about the workplace diversity of MNCs (Multi National Companies) which will help you to teach your class in coming weeks. In this report I have heavily discussed on the various types of diversities in MNCs (Multi National Companies) including expatriate, repatriate. I have discussed the problems first then I discussed the respective solutions with example that can solve work place diversity problems easily. These solutions are best suitable for this problem to discuss in your class for students. And it will inform the students about work place diversity thoroughly. As from Catherwood Library (2010) “Workplace diversity is a people issue, focused on the differences... by most of...
8 Pages(2000 words)Research Paper

Third force movement. Leading psychologists in third-force psychology development

...? Third force Third force movement Introduction According to Grogan (2008), Third force or humanistic psychology is based on the study of the whole person and studies people as individuals. Why the name third force? Third force or humanistic psychology is referred to as third force because it came third after other two approaches that are behaviouristic and psychoanalytic approaches (Tennant, 2006). There was a strong desire to develop an approach that considered the individual as a whole and internal self through a measurable and structured design that emphasises the individual values and experiences (Nicholas, 2008). Third force opposes behaviouristic and psychoanalysis approach to study of psychology. Bernstein (2011) asserts... ...
8 Pages(2000 words)Essay

Air Force

...Lecturer 28 March 2006 The Implications of a Evolving Air Force on Employment Opportunities An article written by SeniorAirman, Vanessa Young, covering the visit of Chief Master Sgt of the Air Force, Gerald R. Murray to Royal Air Force Lake heath, England, hold a lot of meaning to current and aspiring Airmen. During his visit he talked about the evolution of the Air Force and the initiatives taken by leadership to modernize the Air Force and its Airmen. According to the article Chief Murray indicated that the immanent changes of the Air Force in the next five years will result in a reduction in the personnel structure. "We have some...
3 Pages(750 words)Essay

Transfer of HRM practices by MNCs

...globalization. As competition gets highly international, and in fact in some businesses, completely global, new production processes and organizational practices are seen to have emerged. (Competitiveness in Developing Asia, pp.58, 2003) The method, by which production at a transnational level is embarked on at current time, varies a lot from the way it was done some years ago. The argument remains in the intricacy of the production procedure, accompanied by the pace and extent of the transnational movements of goods and information. A large variety of highly innovative products, these days, are manufactured by Multi National Corporations (MNCs) in significantly competitive markets. Although...
12 Pages(3000 words)Essay

CORPORATE SOCIAL RESPONSIBILITY POLICY OF MNCs

...Running Head: Corporate Social Responsibility of MNCs Corporate Social Responsibility Policy of MNCs: The Defining Parameters Konstantin Mikhaylov [Your Uni], Management Department 2007 Abstract Business makes a huge contribution to economic and social development. Companies are becoming more eager to encourage environmental and social progress by remaining true to their own business principles. Whether these are formal or informal, they play an important role in bridging cultural diversity within companies and in enhancing awareness of societal values and concerns. Voluntary principles of Corporate social Responsibility are much more effective than prescriptive...
12 Pages(3000 words)Essay

Excessive Force

...Excessive Force Excessive force refers to going beyond the usual or proper limit in terms of physical power or strength possessed by a person. According to the law, any unlawful violence threatened or committed against a person or property can be considered as excessive force. Police officers are trained to protect and serve the people. Police officers represent the government which is required and entrusted to work within legal boundaries (Ortmeier, 2006). Police officers should have a higher standard when putting on the uniform and wearing a badge. However, Police Officer Edward Krawetz abused his authority by using excessive force. This essay will summarize the...
3 Pages(750 words)Essay

Force Field

...Force Field Analysis of the current situation For any school principal, improved achievement is a crucial aspect. However, most principals miss out identifying that libraries and librarians are possibly influential means of attaining improvements in student achievement. This overlook is caused by the fact that principals have not been educated that library values and media research is scarcely in administrator’s publications. (Hartzell 21). Consequently, the substantive potential of the librarians remains untapped. Description of the desired situation According to Brown (13), improvement in students learning calls for the involvement of the teacher-librarian as the pillar of the school. The implication is that, the...
2 Pages(500 words)Essay

Centripetal Force

...Introduction When the sum of forces acting on an object is zero, the object is said to be in equilibrium and it either moves in a straight line with constant speed or remains at rest. A rotating object cannot be in equilibrium as it does not move in a straight line. This implies that a force must act on an object to maintain its circular motion. This force is called radial force or centripetal force, since it acts along the orbit’s radius. According to Newton’s Second Law of motion, this force makes the object to accelerate. Here, is the direction which along the radius towards the origin. Centripetal acceleration is given by: Where...
3 Pages(750 words)Lab Report

MNCS and Staffing Policies

...is a powerful force, various characteristics of the nations exercise major impact on the HR strategies of firms (Boxall & Purcell, 2011, p. 10). Due to globalization, organizations are facing problem to incorporate the same corporate culture round the globe, since the corporate culture differs from country to country. About 90% of the MNCs think leadership to be the critical factor in growth (Rioux, et al, 2000, p.2). At the same time there has to be a unified ways of communication. The concerns of HRM is to highlight the questions of ‘what and why’, for the understanding of different management behaviors. Another concern relates to the process of execution of activities (Bratton & Gold, 2007, p.6). HRM...
12 Pages(3000 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Mncs As A Force For Development for FREE!

Contact Us