Explain why and how firms become multinational enterprises
6 pages (1500 words)
, Download 4
... and How Firms Become Multinational Enterprises Introduction “The MNE has been one of the foremost economic, political, and social influences in the world economy for many decades”
(Brewer & Young, 1998)
With such words, the authors reflect the awe and respect, at times fear, that multinational enterprises inspire not only among their competitors who operate in a domestic capacity, but also society and the state in general. This is due to the overreaching socio-economic influence of the MNE in the course of the conduct of its business, its ascendancy over the authority of states, and the protection it is given international institutions and treaties.
This paper shall treat on the manner by which...