StudentShare solutions
Triangle menu

Multinational Enterprises - Assignment Example

Extract of sample
Multinational Enterprises

Intel's global competitive advantage is based on attaining technological leadership and preferred component supplier status on a global basis. For a midsize company, it may mean setting up a host of small foreign subsidiaries and forging numerous alliances. For still others, it may mean something entirely different (De Kluyver & Pearce, 2006). Thus, although it is tempting to think of global strategy in universal terms, globalization is a highly company-and industry-specific issue. It forces a company to rethink its strategic intent, global architecture, core competencies, and entire current product and service mix. For many companies, the outcome demands dramatic changes in the way they do business-with whom, how, and why.
In the study of management, it is already a common knowledge that it involves four basic functions: planning, organizing, leading, and controlling resources (land, labour, capital, and information) to efficiently reach a company's goals. Controlling is the fourth basic managerial function. In management, controlling means monitoring a firm's progress toward meeting its organizational goals and objectives, resetting the course if goals or objectives change in response to shifting conditions, and correcting deviations if goals or objectives are not being attained.
Managers should strive to maintain a high level of quality-a measure of how closely goods or services conform to predetermined standards and customer expectations. Many firms control for quality through a four-step cycle that involves all levels of management and all employees. In the first step, top managers set standards, or criteria for measuring the performance of the organization as a whole. At the same time, middle and first-line managers set departmental quality standards so they can meet or exceed company standards. Establishing control standards is closely tied to the planning function and depends on information supplied by employees, customers, and other external sources.
In the second step of the control cycle, managers assess performance, using both quantitative (specific, numerical) and qualitative (subjective) performance measures. In the third step, managers compare performance with the established standards and search for the cause of any discrepancies. If the performance falls short of standards, the fourth step is to take corrective action, which may be done by either adjusting performance or re-evaluating the standards. If performance meets or exceeds standards, no corrective action is taken.
To complement the changing organizational structures in a multinational enterprise (MNE), managers should learn to design efficient coordinating and reporting systems to ensure that actual performance conforms to expected organisational standards and goals. The challenge is to coordinate far-flung operations in vastly different environments with various work processes, rules, and economic, political, legal, and cultural norms. The feedback from the control process and the information systems should signal any necessary change in strategy, structure, or operations in a timely manner. Often, the strategy, the coordinating processes, or both, need to ...Show more
Cite this document
  • APA
  • MLA
(“Multinational Enterprises Assignment Example | Topics and Well Written Essays - 3250 words”, n.d.)
Retrieved from
(Multinational Enterprises Assignment Example | Topics and Well Written Essays - 3250 Words)
“Multinational Enterprises Assignment Example | Topics and Well Written Essays - 3250 Words”, n.d.
  • Cited: 0 times


Managing a multinational enterprise (MNE) could never be a walk in the park because this task involves key changes in a company's mission, core competencies, structure, processes, and culture. As a member of the strategic planning team of a large MNE, our organisation should be aware of all the changes in organisational strategies and structures to empower our organisation to obtain competitive advantage in a changing global environment.
Multinational Enterprises Assignment
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the assignment on your topic
"Multinational Enterprises Assignment"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Are virtual organisations Multinational Enterprises (MNE)
Virtual organisations are motivated by the information revolution which allows communication to take place in real time, regardless of location. Virtual organisations are geographically distributed organisations whose members are bound by a common set of goals and objectives and who communicate and coordinate tasks through the use of information technology (Ahuja and Carley 1998).
9 pages (2250 words) Assignment
Origin Enterprises plc
ACCOUNTING SOCIETY AND THE ENVIRONMENT Table of Contents Table of Contents 2 Introduction 3 Review of Annual Report and Director’s Report 3 Market Situation 4 Core Competitors 5 Profitability 5 Current Financial Position 6 Different Issues of Origin Enterprise Plc (Ethical, Social and Environmental) 6 Profitability Ratios 8 Liquidity Ratio 8 Efficiency Ratios 8 Gearing Ratio 9 Reference 10 Introduction Origin Enterprises plc specialises on the field of food and agri- nutrition which is listed on AIM (under London Stock Exchange) and IEX (OIZ) (Under Irish Stock Exchange).
5 pages (1250 words) Assignment
International Management Master Assignment
On the contrary, says the Gary and Derr (1998), offshoring is a critical component of next-generation business design, a dynamic process of continually identifying how to deliver superior value to customers and shareholders. Companies such as General Electric, Intel, J.P.
12 pages (3000 words) Assignment
Multinational Corporation
(Barrell, 1997) But with the expansion in the economy, on one hand FDI has remained successful in providing full-fledged investment support to the East Asian countries, while on the other hand FDI has created a vacuum for the European states particularly in the area of labour.
8 pages (2000 words) Assignment
However, the study mainly draws its conclusions from the surveys conducted among 80 matched pairs of male and female expatriates
3 pages (750 words) Assignment
Are virtual organisations Multinational Enterprises (MNE)
ions whose members are bound by a common set of goals and objectives and who communicate and coordinate tasks through the use of information technology (Ahuja and Carley 1998). According to Preston (n.d), there are four key characteristics of virtual organizations as a process.
9 pages (2250 words) Assignment
Social Enterprises
For instance, it addresses today’s problems such as HIV and aids, poverty, Hunger, catastrophe and all forms of human sufferings. Examples of the most renowned social enterprises are as follows, Oxfam, Red Cross, and World Vision among the
1 pages (250 words) Assignment
Multinational Corporation
Concentration index refers to the percentage of the market in which the largest organizations control. For instance, concentration index four refers to the percentage of the market share in which four largest
2 pages (500 words) Assignment
Assignment 2: Individual Reflective Statement (1,000 words)
This model helped me to analyze the case study on Molex. Firms like Molex implement different forms of strategies in order to remain competitive in the market place. In factor conditions of Porter’s diamond model, human
4 pages (1000 words) Assignment
Technology adoption in modern enterprises
Evidently, the success of an enterprise has a close link to the expansion protocols and use of technology in delivering the services to its direct clients. A modern business enterprise encompasses the components and the ability to adopt the rapid changes emanating from the innovations present in the modern world.
1 pages (250 words) Assignment
Comments (0)
Click to create a comment
Let us find you another Assignment on topic Multinational Enterprises Assignment for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us