Danfoos Trata Case Study
INTERNATIONAL BUSINESS AND MANAGEMENT
1st Case Study
1. Why is Danfoss Trata an example of the transnational type of company? Please argument and provide some examples of where this is visible.
A transnational company is an entity/corporation that is able to do business (provides the exchange of services and/or products) among lots of different countries and is also capable to manage its various business operations from different locations around the world in order to satisfy the necessities and objectives of consumers and/or other corporations.
Analyzing the case study we can refer Danfoss Trata is definitely a multinational and transnational company that is operating worldwide. Thus Danfoss Trata not only has business interests in other countries, in a global basis, but also has a set of departments and activities (related to sales, production, leading, managing, distribution and so on) in different locations around the world to simply achieve efficiency and to obtain the maximum of global profit. This is possible because this type of company is able to reach a wide range of customers outside of its country’s headquarters. With the purpose of finding information to clarify and explain all the sentences described above, we can easily see some passages in the case study related to them such as “(…) Danfoss is today with over 21,300 employees worldwide and operating in over 21 countries one of Denmark’s leading and biggest industrial organizations (…)” and “Being a true transnational company at heart, Danfoss’ success lies in its innate ability of striking a balance between centralization of certain common functions and best practices (e.g. sales), with external centralization (e.g. R&D) and decentralization of other functions and practices (e.g. production), enabling it to reap the rewards of global efficiency, while at the same time maintaining flexibility and facilitating worldwide learning, validating the concept of transnational companies
1st Case Study
1. Why is Danfoss Trata an example of the transnational type of company? Please argument and provide some examples of where this is visible.
A transnational company is an entity/corporation that is able to do business (provides the exchange of services and/or products) among lots of different countries and is also capable to manage its various business operations from different locations around the world in order to satisfy the necessities and objectives of consumers and/or other corporations.
Analyzing the case study we can refer Danfoss Trata is definitely a multinational and transnational company that is operating worldwide. Thus Danfoss Trata not only has business interests in other countries, in a global basis, but also has a set of departments and activities (related to sales, production, leading, managing, distribution and so on) in different locations around the world to simply achieve efficiency and to obtain the maximum of global profit. This is possible because this type of company is able to reach a wide range of customers outside of its country’s headquarters. With the purpose of finding information to clarify and explain all the sentences described above, we can easily see some passages in the case study related to them such as “(…) Danfoss is today with over 21,300 employees worldwide and operating in over 21 countries one of Denmark’s leading and biggest industrial organizations (…)” and “Being a true transnational company at heart, Danfoss’ success lies in its innate ability of striking a balance between centralization of certain common functions and best practices (e.g. sales), with external centralization (e.g. R&D) and decentralization of other functions and practices (e.g. production), enabling it to reap the rewards of global efficiency, while at the same time maintaining flexibility and facilitating worldwide learning, validating the concept of transnational companies