A Critical Examination of the Challenges Multinational Organizations faces, also the Benefits and Negative Impacts it brings to Nations, and the Strategies Adopted by MNC’s
Abstract:
The aspects
of globalization have caused many organizations across the world to spread their
operations in several countries across the world, via entering new markets,
production facilities, distribution, and franchising. This has resulted the
multinational organizations has encountered numerous challenges and issues when
developing and implementing their strategies in their subsidiaries around the
world. The study explores a detailed examination of MNC’s strategy formulation
and execution, which can only be characterized by evolution and dynamism. The
study has also shown the benefits, and the challenges of these multinational
organizations encounter, illustrating the substantial benefits these MNC’s
bring to nations around the world, also a detailed look at the drawbacks of
these MNC’s. The
research delivers a considerable understanding of strategy, its formulation and
implementation within the context of multinational organizations which
contributes to knowledge within the arena of International Business.
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