The Multinational Company : Multinational Corporation

864 Words Nov 19th, 2015 4 Pages
*The multinational corporation

Multinational Corporation can be defined as a corporation that has its facilities and other assets in at least one

country other than its home country. Such companies have offices and or factories in different countries and usually

have a centralized head office where they co-ordinate global management. It can also be defined as a multinational

corporation which is usually a large corporation which produces or sells goods or services in various countries.

*Culture shock experienced by managers who work abroad

What is culture shock? It is a phenomenon that all types of expatriates experience, no matter if they work abroad for

the first time or if they are veterans in the field of expat assignments. Often, it is the deeper cultural differences in

mindset, customs and interpersonal interaction that trigger this phenomenon and turn cultural transition into a

struggle. The majority of ethical issues an individual encounters abroad occur when the cultural expectations clash

with those of the country they are working in. These issues can create a dilemma and cause them to doubt

themselves and the company they are working with.

*Fair trade issue

Like in any system, there are some criticisms and issues with fair trade for example in some countries in Europe

producers pay a certain amount to register for certification and also pay yearly fees to keep the certification which

takes away their hard earned, much needed money away…

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