Multinational companies

activities in the value chain together, or that is concerned with complementary products (e.g. hardware and software).For example; The Modern Concentrate Company specifies in the production of fruit concentrates For Juhayna. It positioned in Sixth of October City. The Masreya Dairy and Juice Company were obtained by Juhayna. Juhayna owns the company whose manufacturing facilities are positioned in Sixth of October city First Industrial Zone. They produce plain and flavored milk, white cheese…

INTRODUCTION International Human Resources Issues linked to the integration of numerous nationalities within the company workforce due to globalization, mobility and development in tourism trends. Which also contains the cultural diversity. Cultural diversity is the difference between different cultures, impact when they met, such as competition and loss reaction. Cultural diversity may be due to religious constituencies, ethnic group, language, political stance, social class, gender,…

enhanced the world population standard of living while others had negative consequences. Consumerism is the heart and driving force with capitalist societies. 50% of the multinational corporations are based within four global nations; the United States of America, Japan, Germany, and Switzerland. 500 multinational corporation make up roughly 80% of the world’s goods trade and almost the same amount of investing power. (Hetata Dollarization) The spread of these corporate giants can be…

The globalization has reshaped the world. The growth of international competition and the opportunities for foreign investment have contributed to the increases in the number and size of TNCs (Transnational Corporation). To achieve competitive advantages, business strategies should be developed in conjunction with their human resource management (Caligiuri and Stroh, 1995). IHRM (International Human Resource Management) plays a crucial role in helping firms evaluate the human resource skills,…

Some academics argue the state is no longer relevant to the modern era. This is because of the rise of non-state actors such as non-governmental organisations (NGO), international government organisations (IGO), and multinational corporations (MNC), who appear to be more effective in solving international issues, as they are not hindered by national interest. Other academics will argue that state sovereignty is the foundation of international politics and "upholds the claim…

What is a tourism organisation? According to The Great Soviet Encyclopedia (1979), a tourism organisation is a commercial or non-commercial establishment, such as a company, bureau, or agency, which organizes and conducts tourist trips. In other words, it is governmental association, union, or other organized group that promotes both domestic and international tourism. The tourism organizations consist of international, national, and regional organizations that help develop and manage tourism.…

2.2 Internationalization The increase in international trade, international relationships, treaties and alliance has caused internationalization to become a key factor (Herman, 1999). It is important to know that internationalization, just like open strategy, can be defined and interpreted in several ways. A study from Knight and Cavusgil (1996) explains that the internationalization of a firm is a process that moves further from the consolidation of the firm in the home market. The Uppsala…

1. Introduction The article ”The internationalisation process of the firm - A model of knowledge development and increasing foreign market commitments” written by Johanson and Vahlne, 1977, presents a model witch mainly focuses on the expansion of different individual firms and their process of internalisation on the foreign markets. As well as the importance of knowledge when it comes to the foreign markets and operations when one is involved with an international firm. The authors of the…

Globalization is the increasing interaction of people worldwide through the growth of the international flow of money, ideas and culture in a facile manner. For the purpose of this essay I will focus on the global spread of culture. Culture may be defined as the ideas, customs, and social behavior of a particular society. This essay will defend the notion that globalization is a major cause of the increased culture of skin bleaching in the Guyanese Society. For clarification, the focus is not on…

The increasing dependence of English on the world in today’s time shows how valuable it will get in the future. It also shows how the trade and economy will be directly influenced by the use of English and will result in globalization. English has invaded the workplace along with the global economy. Although the use of a single language will reduce the communication gap and will assist in the increased outreach of globalization, I strongly feel that English dominating the world would be a bad…