What controversies can multinational companies face in developing countries and can they have a positive influence on developing countries? Discuss organisation of MNCs, nature of their global operations and their impact on host countries in answering the above question. 1. The report should be of 1500 words.
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- a) What are Multinational Companies (MNCs) and why it is said that they hold ‘best practices’ and ‘state of the art’ technological and organisational knowledge? b) Let’s assume that you are the manager of a local company in your own country aiming at supplying goods and services to MNCs. What strategies would you introduce in order to maximise the benefits of partnering with MNC subsidiaries? Please explain fully. c) In a second scenario, assume you are the manager of a domestic rival company aiming at competing with MNCs. What processes and steps would you take to compete and remain in the market? d) In a third scenario, you are a policy advisor of the national government in your…What are some things that must consider when an organization goes global, and what training is required?Some international management experts contend that globalization and national responsiveness are diametrically opposed forces, and that to accommodate one, a multinational organization must relax its efforts in the other. In what way is this an accurate statement? In what way is it incomplete or inaccurate?
- Krispy Kreme Doughnuts, Inc., 2015 You are required to read the case study from the given above: Write a introduction about the company’s background using your own words.- Explain clearly and describes the company’s background, including its industry and extent of its multinational reach for identifying expansion factors and corporate strategiesMcDonald’s Global Compensation Practices: This feature explores McDonald’s efforts to develop a global compensation and performance appraisal strategy. McDonald’s, which has over 400,000 managers and senior employees working in 118 different countries, wants its new program to provide some standardization of compensation and performance appraisal for the firm, but at the same time, allow subsidiaries to tailor the program to local market conditions. Discussion Questions 1. What does McDonald’s hope to gain from having a global compensation and performance appraisal system in place? 2. How does the compensation and performance appraisal system introduced at McDonald’s allow managers to take local market differences into account? Why is this type of approach important to employees? 3. How does McDonald’s approach help the company to consider local differences when reviewing the performance of different country managers and awarding bonus pay?in case study: Kent Chemical: Organizing for international growth 1 What do you think of the Sterling Partners recommendations? 2 What should Morales recommend? 3 What should Chairman Ben Fisher decide? answer as detail as possible thx
- .explainn how can organizations balance the need for global consistency with the need for local adaptation in their international staffing practices?Activities, whether conducted by a single-person born global or a world-spanning multinational enterprise, typically involve some sort of offshore project-- essentially, the act of going global involves activities conducted abroad, and activities typically imply some sort of project is taking place cross-nationally. Naturally, we tend to think of the people working abroad as the focus of analysis. But, it’s helpful to keep in mind that there are people in a home-country office, say in Newark, with W.L. Gore and Associates, or Christiana, with J.P. Morgan Chase, or in Wilmington, with CSC, who are also directly involved on a day-to-day basis in international business activity. So, even though they are living in their home market and quite possibly never move, live, and work in a foreign country, they are in positions that involves interaction with colleagues and customers worldwide. If in this position, as this infographic reports, it is helpful to know various aspects of your offshore…Q1. You are working as strategy consultant for a global (or multinational) firm. The firm wants to transition into a transnational structure. What are three key initiatives you will propose to the firm and why? Explain how these three key initiatives will facilitate the transition into a transnational structure.
- Critical thinking International expansion is one pathway for growth for established firms, particularly when their domestic markets reach maturity or have become quite competitive. However, as highlighted inthe chapter, when brands expand internationally, they will compete against established brands in the host country that have a “home-court advantage.” outline the array of advantages that an established brand in its own domestic market would have over potential new entrants from international markets. Given these advantages, how can a new entrant to an international market succeed against the local,established players?3.a) What are Multinational Companies (MNCs) and why it is said that they hold ‘best practices’ and ‘state of the art’ technological and organisational knowledge?3.b) Let’s assume that you are the manager of a local company in your own country aiming at supplying goods and services to MNCs. What strategies would you introduce in order to maximise the benefits of partnering with MNC subsidiaries? Please explain fully.3.c) In a second scenario, assume you are the manager of a domestic rival company aiming at competing with MNCs. What processes and steps would you take to compete and remain in the market?3.d) In a third scenario, you are a policy advisor of the national government in your country. What actions and policies would you implement in order to create a facilitating environment for MNCs and to increase the potential to gain technological knowledge? Why?on page 258 within your Book in Chapter 10 of Introduction to Global Business: Understanding the International Environment. Use the secnario 1) What are some advantages and disadvantages of the Shell Matrix? 2) Why do you think Shell has undergone so many organizational restructurings? 3) How would you decide what would be Shell’s best organizational structure?