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For those who said that their family members worked in multinational corporations, 25% worked for not more than 2 years. 25% worked in multinational corporations for between 2 and 5 years, while the rest 50% worked for more than 5 years.
Most respondents (75%) also described multinational corporations as those companies that invest in many countries. 25% of them viewed multinational companies as large companies trading in more than one foreign country. Regarding to work ethics, respondents were asked whether they thought that multinational corporations have stricter work ethics compared to local businesses. Most respondents (75%) said “Yes”. 50% of the respondents also suggested that multinational companies produce better goods and services while 50% said they don’t.
The respondents were also asked if they thought that multinational companies pay better than other companies. 25% of the respondents were not sure, 25% disagreed and 50% agreed. Regarding work conditions, 25% of the respondents think that multinational corporations provide employees with better work conditions while 25% think that they don’t. 50% of the respondents were not sure. Furthermore, 33% of the respondents suggest that multinational companies help develop the economy while another 33% think that multinational companies have too much power. The rest 33% think that multinational corporations compete with the government for power (Jensen, 2010).
Most respondents also think that multinational companies do not need to be regulated. 50% of the respondents suggest that multinational corporations are businesses that compete like any other (Rugraff & Hansen, 2011). On a rating of scale 1 to 5, 50% of the respondents rated multinational companies 4 out of 5 on the extent that they harm the economy.
From the summary of results above, it is clear that the responses exhibit a mixture of views regarding to the effect of multinational
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In this context, many firms chose to promote similar policies in regard to their various sectors aiming to reduce relevant risks. In the HRM area such practices are quite common. In fact, it has been proved that a high percentage of organizations prefer to transfer their home-country human resource management policies to their overseas subsidiaries.
There are many multinational corporations in the world today. For instance coca cola, Barclays, shell, Guinness Breweries, DHL, IBM, MTN and others. The presence and establishment of MNC in developing countries has brought a lot of debates all over the world.
The manager has a variety of internal and external tools available to delay the cash disbursements and accelerate cash receipts to maintain a good cash flow. However, these tools are required to be applied intelligently. The importance of exchange rates and their role in the working of international financial markets is also very important.
Here, the two companies major in product designing and marketing but rely on a number of contractors to build shoes and sew clothes that suit their specifications. One of the chief expectations by the two companies is high quality goods
In part II, this paper defines various terminologies as applied in the racial and criminal profiling context, including prejudice, discrimination, bias, conformity and stereotypes, so on. Moreover, the common types of stereotypes are those committed on the basis of race, age, gender, ethnic group, race and sexual orientation status.
Very many companies are now becoming multinational enterprises to capture the international market that is growing day by day. The local enterprises are also struggling to catch up with the trend of globalisation for them to become more competitive. On the contrary, the global concept in business is very misleading as there are very many challenges.
Multinational corporations manufacture products in many countries and sell to consumers around the world. Money, technology and raw materials move ever more swiftly across national borders. Along with products and finances, ideas and cultures circulate more freely.
Over the last decade or so, there is this outcry against anything that falls within the category of 'multinational'. The very term denotes a firm that has a presence globally or rather one that would like to be known in more parts of the world than it is at the present point in time.
the ability to produce the goods and services at lower costs.
An example of Multinational Corporation is the Coca cola Company which is the largest beverage manufacturing company in the world. The company has been in existence since 1892 and manufactures, distributes and markets non-alcoholic beverages and syrups globally.