Wednesday, February 26, 2020

Multinational Management Essay Example | Topics and Well Written Essays - 500 words

Multinational Management - Essay Example is a market system, which greatly affects the operation of multinational companies, as they have to devolve more resources to the grass root level to satisfy the local consumption (Sage Publications, 2011). Market economic system on the other hand gets characterized by completion as each person does the best to suit the customers. Cumulative change in decisions by individuals seriously affects the operation of multinational companies as this affects the supply and demand of different commodities. In addition, the market economic system is influenced by tastes as preferences of customers, which vary with changing factors. This greatly affects operations of multinational companies. Various religious ethics affects the environment. To start with is the dominion of religions a factor, which guides where to sell a good and what type of good to sell. For instance, the Christian believers use the bible as their references book, which teaches them to be having dominance over the earth. According to western religions, the natural world exists for the benefit of human (Fernando, 2010). This calls for the existence of intrinsic values that affects the business environment. Apart from dominion stewardship, also exist as a dominant business philosophy. Religious people are regulated by their trust which item to buy and where to use it this greatly affect the business environment. The effects of education on multinational strategies are very diverse. To start with is the increased economic cost in implementation of extra education activities. An organization for instance can engage in education systems to create awareness among the employees on the use of computers. This will increase efficiency however the cost of education in such a scenario will be expensive thereby affecting international businesses. In addition, technological business advancements has been a leading factor that is affected greatly many business organizations. For instance, the introduction of e- commerce

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.