There are many advantages of Nike being a multinational company such as multinational products and services provide the best possible standards. Because in a foreign country‚ Since customers are willing to spend their money on the best products‚ the multinational companies need to keep the strong competitors at bay so they must to produce really high standard goods. Secondly‚ multinational corporations play a big role in creating employment in the foreign countries. Because of their many shops ‚
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Importance of Multinational Corporations The Multinational Corporations have been observed as the instrument of development in the developing states for example National Petroleum Construction Company NPPC has been awarded contract of laying transmission line in Kuwait. Following are the important advantages of MNCs. Globalization The first advantage of Multinational Corporations MNCs is that they work for the globalization and went to give global village shape to the whole world. For example
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‘The Role of Multinational Corporations in Enhancing Human Rights in Africa: The Illusion of Empiricism’ Abstract Literature and discourse relating to Multinational Corporations (MNCs) and human rights is ubiquitous with theoretical contestation on the merits and demerits of the potential harmonious existence of the two. Some argue that by virtue of the consequential results of their business operations‚ MNC’s have the potential to alleviate human suffering. For others‚ they are the cause of
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POSSIBLE ADVANTAGES OF A MULTINATIONAL CORPORATION A multinational corporation (MNC) is a corporation that is registered in more than one country or that has operations in more than one country. In other words‚ business enterprise with manufacturing‚ sales‚ or service subsidiaries in one or more foreign countries‚ also known as a transnational or international corporation. Multinational companies provide some advantages in itself. Now‚ I am going to explain the advantages of these
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IBM as a multinational corporation Write about a multinational corporation (MNC) of your choice. Q1. How international is that company? International Business Machines‚ IBM‚ is a multinational computer‚ technology and IT consulting corporation headquartered in New York‚ United States. IBM manufactures and sells computer hardware and software (with a focus on the latter)‚ and offers infrastructure services‚ hosting services‚ and consulting services in areas ranging from mainframe computers to nanotechnology
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A part (d) model answer Case study- a multinational company Name a multinational company and one country where it operates Nike‚ Vietnam‚ Southern Asia Explain how the MNC affects local people and the economy of that country. Use at least three developed ideas. Nike is the World’s leading supplier of sportswear. It has many factories in Asia‚ including 24 in Vietnam. It has a major impact on both the Vietnamese people and its economy. Thousands of jobs are created for local people which means
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Introduction In the recent decade‚ international human resource management (IHRM) experienced tremendous research growth due to the increase number of organizations begun to extend their businesses into overseas markets. Multinational Corporation (MNC) is the term used to describe a business with overseas operation. Some of the main reasons for the growth of interest in IHRM are: 1) the number of MNC has increased with rapid growth of global competition which resulted in increased mobility of
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Reading 1-1 The tortuous evolution of the Multinational Corporation In these days‚ almost of companies in the world desire to becoming multinational corporation. They know that multinational corporation tend to be regarded as more progressive‚ dynamic‚ geared to the future than provincial companies. They want to spread their subsidiaries not only all over the country‚ but also all over the world. Usually‚ the multinational corporation has headquarters in one country and operates subsidiaries
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A Multinational Corporation has been described as one that has production facilities or other fixed assets in at least one foreign country and makes its major management decisions in a global context. In marketing‚ production‚ research and development‚ and labor relations‚ its decisions must be made in terms of host-country customs and traditions. In finance‚ many of its problems have no domestic counterpart-the payment of dividends in another currency‚ for example‚ or the need to shelter working
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The four forms of multinational corporations are home replication‚ multi-domestic‚ global‚ and transnational. Home replication strategy is the international replication of home based competencies such as production scales‚ distribution and brand power. An example of this is Wal Mart opening in Brazil. Wal Mart has replicated its system which it uses domestically. Multi domestic strategy is a strategy by which companies try to achieve maximum local responsiveness by customizing both their product
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