Pros And Cons Of A Multinational Company

In this essay I will attempt to research the positives and some of the necessary steps that may need to be considered to achieve success Internationally as a Manager of a Multinational company. The Management for the Multinational Corporation is a very dynamic field to explore. Management for the Multinational Corporation face unique and sometimes precarious obstacles to be successful, conversely, if done correctly, with forethought and compassion the financial rewards that can be reaped by the Corporate Management team or group can be financially worthwhile.

Firstly, let 's begin with what is Multinational Corporation the standard definition of a Multinational corporation (MNC) is a corporation that has its facilities and other assets …show more content…
One reason, would be that the financial rewards are tremendous. There are numerous companies worldwide that can be classified as a multinational company. The reach and control of those companies can easily crisscross the globe and cover almost a million subsidiaries which are branches of the multinational company. When you think of Multinational company the idea of a company with millions of employees can come to mind ,however to the contrary, a multinational company can range from a couple a guys in a relative small home based office to as few as only a couple of hundred people . Regardless of size rather small on large Multinational companies control a fantastic array of production and distribution of goods and significant dominance of over …show more content…
This is where new teams or groups will have to brainstorm, cooperate, and agree to let others drive the expansion because, the new managers may know more specifically what will work and be specific in their region. That is where compromising and compassion comes into play on both parts of management new and old. The new management placed in a particular region still has a responsibility to make the endeavor successful in the terms of what is considered successful by company as a whole. Standards and financial projections must be adhered to, while keeping with the core values and mission of the Company. Management of the multinational company is not the easiest undertaking you can explore. However the financial rewards and exposure can be limitless. The Manger or management of a corporation has to be extremely flexible an able to think outside of the box when going international. Sensitivity training ,tolerance to different cultures, religious, and faith based considerations, are just some of the issues that need to be address before you begin taking a international. Certain international countries have very deeply ingrained ideas of how they do business within that country and being able to negotiate and work around or within those parameters is a skill that a