Definition and characteristics of multinational companies #5
Definition and characteristics of multinational companiesMultinational corporations have realized the need to respond more effectively to local needs and integrate into national economic systems. Our guide will tell you how to get on board the Queen unnoticed, how to set fire to the Queen and where to get after achieving all the main objectives of the mission.
It also increased the importance of government involvement for the corporation. If in the third stage I mentioned the security factors created by the corporation, then these are the factors created by the host country, the workforce, and government policy.
The most important trend in the development of a transnational society is its transformation into another type of corporation. Until now, it has been mainly a supplier of capital, management and technology to subsidiaries abroad. However, now more and more corporations have begun to become "organizers" of international production within the framework of a complex system of international relations related to investments or not. A modern multinational corporation needs "certain" resources, a certain type of managerial abilities (belonging to a particular culture), a certain type of information and technological resources.
The financial success of international corporations is increasingly determined by their competence in developing and conducting an international value-added system, competence is determined by 3 factors:
- a fair assessment of the differences in demand between different countries and a correct assessment of possible resources;
the ability to use the experience gained at the global and local levels to strengthen the company's base;
the company's ability to balance the balance between global and local activities so as not to lose the economies of scale gained globally or lose local markets due to inadequate supply.
Political and technological factors had a huge impact on the transformation of corporations from simple export-import companies or "economic colonialists" into complex systems of coordination of activities located over large geographical distances. For the STN of the present, the key word is coordination. Multinational companies will become more and more "information brokers" because this complex coordination requires the analysis and management of very diverse information flows in a very short time. Sweet Bonanza गेम आपकी सभी उम्मीदों पर खरा उतरता है। इसके रंगीन ग्राफिक्स और शानदार रिवॉर्ड्स के साथ Sweet Bonanza सभी खिलाड़ियों को आकर्षित करता है। इसे अभी खेलें और अपनी किस्मत आजमाएं।