StudentShare solutions
Triangle menu

What factors influence policies and practices of multinational firms Discuss - Essay Example

Nobody downloaded yet

Extract of sample
What factors influence policies and practices of multinational firms Discuss

To initiate and actualize the entry, MNCs have to set targets and formulate various strategies according to the situation prevailing in those foreign markets. While formulating the strategies, the organizations’ leader and the management team will firstly look at the factors that may aid them to make a successful entry. After analyzing the positive factors, the firms will or should have to analyze the negative factors or challenges that may impede its entry. As every foreign market or country will have different political, social, economic conditions as well as different customers, competitors, prospective employees, etc, etc, there will be many challenges, which will block the firms’ success. Thus, both these factors could influence the practices and policies of MNC’s particularly in its foreign operations.
Among the many economic based movements, globalisation is the one which had and is still having major impact on the economic development of many countries and its people worldwide. “The word globalisation marks a set of transitions in the global political economy since the 1970s, in which multinational forms of capitalist organization began to be replaced by transnational” (Appadurai, cited in Meyer and Geschiere 1999). Economic part of globalisation is the key because with the whole world becoming a kind of global village, barriers between the countries are broken with integration happening mainly in the economic aspects. In this scenario, foreign organizations particularly MNCs, using the globalisation plank, have entered and will also enter various sectors of the businesses leading to the establishment of many industries.
With these MNCs providing good employment and the resultant good development, people of those countries have became financially stable and are going in search of material comforts, causing impacts on social change. For a ...Show more


They have to break ‘boundaries’ both in the geographical sense as well as economical sense, to actualize the opportunities in the new markets and emerge…
Author : alan74
What factors influence policies and practices of multinational firms Discuss
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"What factors influence policies and practices of multinational firms Discuss"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Similarities and differences of Domestic Human Resources and Multinational Human Resource policies and practices
The objectives desired for extraction from this paper include the aim of understanding how well each can be implemented with regard to the difference or similarity in view and practices of each.
12 pages (3000 words) Essay
A multinational company maximises its competitive advantage by controlling its own supply chain. Discuss
Alongside the transformational changes of the modern business world, supply chains have also been recognised to attain rapid growth throughout the international subsidiaries (Rugraff & Hansen, 2011). Moreover, the competitive pace among the MNCs has been viewed to be influenced by advanced methodological aspects associated with business strategies and continuous development of their supply chain activities.
10 pages (2500 words) Essay
Domestic and international HRM policies and practices
In order to critically and comprehensively discuss the major variables influencing the difference between domestic and international human resource management (IHRM), we must examine the effects of globalization which instigated the transformation of the world economic order and gave prominence to one global economy during the 1980s to 1990s.
12 pages (3000 words) Essay
Multinational Firms in Asia
It might be in a bid to seek natural resources that have been depleted in the country of origin or it might even be to capture potential and as yet untapped markets. Most Asian countries have only come to be recognized as economies with potential in the past three decades or so.
8 pages (2000 words) Essay
Multinational Firms in Asia
According to the discussion there are several reasons that lead to the need for firms to spread their wings beyond the home base and seek markets abroad. The reasons why firms establish bases in foreign countries are myriad. It might be in search of new markets if the home ones are saturated or if competition has become too stiff.
8 pages (2000 words) Essay
Critically discuss, with examples, the contributions that Managing Diversity policies can make to the promotion of equality in organisations
Various factors attributing to distinct results and impacts of diversity management policies point to the differing perceptions, attitudes, social behaviours, and interpretations of policies. This paper outlines the major contributing factors to the grave and
13 pages (3250 words) Essay
Multinational firms are a force for progress‟. Discuss
But the thing to consider is which outweighs the other. The advantages multinational corporations bring to economies, is it worth it. Is it really a win-win situation for all and does it benefit everyone or are these free
8 pages (2000 words) Essay
Multinational firms are a force for progress‟. Discuss
At one end, if multinational companies pose great threat to the national identity and local industries, then at the other end, they really speed up economic growth. Therefore, the role of multinational companies in the world economy appears
8 pages (2000 words) Essay
Management with Human Resource Essay - To what extent is it reasonable for multinational enterprises to expect to regulate their human resource policies and practices uniformly across national boundaries Discuss, using examples
However, the most important question is: to what extent is this possible? Although MNCs would like to regulate their human resource policies
7 pages (1750 words) Essay
What cultural challenges do multinational corporations face with people management in some overseas locations Critically discuss using illustrations to demonstrate your argument
Francesco and Gold (2005) argued that while the international market presents huge opportunities for multinational corporations, they tend to face many challenges in the process of trying to adapt to that environment. This paper seeks to discuss the
11 pages (2750 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic What factors influence policies and practices of multinational firms Discuss for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
Join us:
Contact Us