Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Multinational Management - Essay Example

Comments (0) Cite this document
This is because they maintain the economic stability and unity required by the multinational firms. Some of the economic systems include the market, which form the core operations of…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.9% of users find it useful
Multinational Management
Read TextPreview

Extract of sample "Multinational Management"

Multinational management Task Multinational management Qsn1 Economic systems play significant roles towards the operation of multinational companies. This is because they maintain the economic stability and unity required by the multinational firms. Some of the economic systems include the market, which form the core operations of businesses as well as the traditional market system. Traditional economies is characterized by production for localized consumption within a family or a as mall area. It is a market system, which encourage small-scale production of goods using simple methods and limited resources. This is a market system, which greatly affects the operation of multinational companies, as they have to devolve more resources to the grass root level to satisfy the local consumption (Sage Publications, 2011). Market economic system on the other hand gets characterized by completion as each person does the best to suit the customers. Cumulative change in decisions by individuals seriously affects the operation of multinational companies as this affects the supply and demand of different commodities. In addition, the market economic system is influenced by tastes as preferences of customers, which vary with changing factors. This greatly affects operations of multinational companies.
Qsn 2
Various religious ethics affects the environment. To start with is the dominion of religions a factor, which guides where to sell a good and what type of good to sell. For instance, the Christian believers use the bible as their references book, which teaches them to be having dominance over the earth. According to western religions, the natural world exists for the benefit of human (Fernando, 2010). This calls for the existence of intrinsic values that affects the business environment. Apart from dominion stewardship, also exist as a dominant business philosophy. Religious people are regulated by their trust which item to buy and where to use it this greatly affect the business environment.
Qsn 3
The effects of education on multinational strategies are very diverse. To start with is the increased economic cost in implementation of extra education activities. An organization for instance can engage in education systems to create awareness among the employees on the use of computers. This will increase efficiency however the cost of education in such a scenario will be expensive thereby affecting international businesses. In addition, technological business advancements has been a leading factor that is affected greatly many business organizations. For instance, the introduction of e- commerce is a factor that has initiated completion among many firms rendering them ether obsolete or superior (Fernando, 2009). Ford motor company for instance discovered that further progress in fuel economy performance was necessary a factor which increased its efficiency due to education.
Qsn 4
Religion has the biggest impact on multinational strategies as compared to education. This is due to the increased corporate responsibility among firms, which is mainly affected by religious beliefs. Religious dominance for instance has made selling of various good difficult as they determine what to sell and where as well as the particular good (Langenberg, 2007). Religious ideologies also affect multinational strategies with Islam regulating the consumption f particular goods. This has resulted into a very different business environment, which get regulated by certain factors of religion.
Fernando A.C. (2010). Business Ethics And Corporate Governance. New York: Pearson Education India.
Fernando, A. C. (2009). Business Ethics: An Indian Perspective. Chicago:bPearson Education India, 2009
Langenberg, E. (2007). Guanxi and Business Strategy: Theory and Implications for Multinational Companies in China. Rutledge: Springer, 2007
Sage Publications (2011). Sage Brief Guide to Marketing Ethics. Washington DC: SAGE. Read More
Cite this document
  • APA
  • MLA
(“Multinational Management Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Multinational Management Essay Example | Topics and Well Written Essays - 500 words. Retrieved from
(Multinational Management Essay Example | Topics and Well Written Essays - 500 Words)
Multinational Management Essay Example | Topics and Well Written Essays - 500 Words.
“Multinational Management Essay Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Multinational Management

Cross-cultural Management in Multinational Project Groups a source of pride and boast to them. Based on Hofstede’s cultural analysis, the country has high uncertainty avoidance index, power distance, and individualism. Masculinity is relatively low. This information will enable the management of the organization to design and implement business strategies and policies that correspond to the culture of the country (Smircich, 2005). References Carroll, R. (2001). Cultural Misunderstanding: The French-American Experience. Chicago: University of Chicago Press. Chevrier, S. (2003).Cross-cultural Management in Multinational Project Groups. Journal of World Business, vol. 38, no. 2. Fatehi, K. (2003). International Management: A...
11 Pages(2750 words)Essay

Geriatric Category Patients and Their Treatment

12 Pages(3000 words)Essay

Financial Management in Multinational Organizations

...?Running Head: Financial Management in Multinational Organizations Financial Management in Multinational Organizations [Institute’s Name] Executive Summary The key purpose of financial management in multinational organizations is to maximize shareholder wealth. This would involve taking sensible investment as well as financing decisions that would add value to the business. One of the core reasons for concentrating on shareholder wealth is that the businesses that are failed to do so may be taken over by other companies. In addition, it becomes convenient for an organization to draw additional funds from the shareholders if it supports...
10 Pages(2500 words)Research Paper

Organisational models and country managers' role, Organisational challenge in multinational management, Case analysis- Organis

...? Organisational models and country managers’ role, Organisational challenge in multinational management, Case analysis- Organisational challenge in multinational management Contents World Vision International 3 Organizational Change of World Vision International 3 Partnership Office vs. the Old International Office 5 Effectiveness of the Federal Framework 7 WVI Board and AIDS Hope Initiative 11 Recommendations 12 References 13 World Vision International The case analysis of organisational challenge in multinational management is conducted over a non-governmental organisation of international pursuit. This international...
10 Pages(2500 words)Essay

Multinational Human Resource Management

...? Multinational Human Resource Management Lecturer: Multinational Human Resource Management Multinational companies have been confronted with stiff competition for the past few decades. Forces of globalization such a use of e-marketing, linearization of international trade, product integration and marketing research have all posed profound impact on the way companies may improve their business performance. Therefore, human resource managers have made significant efforts of transforming the organization through implementing business strategies and policies that can enable them to achieve a competitive advantage in the global market. Human...
7 Pages(1750 words)Essay

Multinational Financial Management

...Topic: Multinational Financial Management This is a of financial exploration from the treasurer of World Access Healthcare, Inc., to the WorldAccess Healthcare, Inc. board of directors, in regard to our corporate directive, as it applies to expansion. Today, we are introducing a financial proposal that will encompass and outline how these proposed steps below will take us from being a national corporation into our corporate goal of being a multi-national, multi-billion dollar empire, as we utilizing two chief financial avenues in order to complete this task. One, the mezzanine loan will be enacted in order to achieve our expansion goals, in the amounts and for the reasons prescribed below. Two, the...
5 Pages(1250 words)Speech or Presentation

Managing a multinational corporation

...Managing a multinational corporation As far as the topic of multinational management has recently become very urgent with the implementation of the globalization processes and related structures, the present paper will be devoted to the discussion of the multinational management in its relation to the notions of management as a whole, based on the real examples of successful management of multinational corporations. Introduction As multinational corporations and similar to them structures win the global market of goods and services, it has become evident that the specific strategy of multinational management should exist on the basis of the already known management notions and theories. Multinational corporations bear certain... ...
4 Pages(1000 words)Essay

Multinational Companies Management

...the research study has to be carried out in phases, each phase studying a different aspect of the proposed research. In the first section of the study the author will study the benefits that can be gained by a multi-national organisation through employee retention, employee engagement and employee loyalty and the correlation it has to the profitability of the organisation in boom and bust economies. Next the author will study the benefits of the above to an organisation managing a diverse workforce in diverse locations as opposed to a domestic only organisation. In the next part of the research the author will study the impact of all of the above in the context of ten large multinational companies. The...
10 Pages(2500 words)Essay

Finance Management in Multinational Organizations

...Executive Summary International organizations face different challenges and environment as compared to the organizations competing at domestic ground. There are different factors which markedly differ when companies go international and as such they have to adjust themselves to an environment which is hard to conquer. In such environment, the overall strategy of managing financial affairs of the firm differ too because at one hand, international organizations enjoy different opportunities offered by new and untapped markets however, on the other hand, they also have to manage certain risks which are unique to international organizations. Thus the overall uncertainty related with...
5 Pages(1250 words)Essay

Complex project management

20 Pages(5000 words)Essay
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 Multinational Management for FREE!

Contact Us