Essays on Multinational Corporation

Introduction

The globalization of business, as well as the rise in the movement of the workforce across the geographical borders and nations, have significantly increased the diversity in the workplaces. The contemporary organizations come in all shapes and sizes. Most of them now have employees from diverse cultural backgrounds. With the increased workforce diversity, especially within the multicultural organizations, the concept of organizational justice has increasingly become vital. Notably, many researchers continue having an interest in this concept (Colquitt et al., 2001). The HR is required to ensure that organizational justice prevails so as to prevent conflicts in the workplace. ...

Impact of globalization on human resource management practices

INTRODUCTION Globalization is the process of integration of several economies with the goal of increasing economic interdependence and mobility of factors of production across the world economies (Lechner, 2009). Globalization has caused an increase in the number of multinational corporations across the globe. Globalisation has had implications on the operations of multinational corporations including especially in human resource management. Some corporations have been forced to review their human resource practices to adapt to the challenges associated with globalisation. Companies have several motives to go global.

Companies globalise for different economic, social and cultural reasons. These motives vary from one ...

Abstract

This paper is about the strategic management and strategic competitiveness of an organization. Apple Incorporation is an American-based multinational corporation, which is mainly involved in designing, development, and selling computer software, consumer electronics, online technological and user-based services. Apple Inc. is currently the largest information technology company across the globe and second largest phone manufacturer in the world. It relishes a superior brand loyalty and as per 2014, it was the most valuable brand with an approximate valuation of US $ 118.9 billion. The paper discusses how globalization drastically influences the business style, capabilities, proficiencies, expertise, and overall business performance ...

Abstract

Africa is a continent that is divided by many countries, literally. It is one of the most tumultuous places in the planet thanks to the numerous eruptions of civil wars and episodes of unrest just in the past decades. That number only increases if the timeframe gets adjusted to the past hundreds of years. Africa and countries within it like Nigeria are rich in natural resources. However, because of the long history and apparently unstoppable occurrence of civil wars and other forms of armed conflict, they are prevented from benefiting from that advantage. In this paper, the author discusses ...

Question 1; why was Europe such a dominant influence on the world in the 19th century?

Within the nineteenth century, Europe was considered a global powerhouse especially in the economic perspective. The production prowess and efficiency of the continent was above all the rest. There are different reasons attributed to the European dominance within the 19th century. One of the reasons was its powerful connection between market incentives and technology, which enabled it uncover the prospect of coal energy. Secondly, there emerged different developments in physics, medicine and even science, which offered immeasurable contributions to the population growth within Europe. The growth in population directly and indirectly improved the economic developments therefore reinforcing the continent’ ...

Inventory Management in Apple and Coca-Cola

Inventory Management in Apple and Coca-Cola

Introduction

Inventory management constitutes one of the major concerns of business organizations. Efficient inventory management enhances the profitability of an organization by ensuring that all activities involving inventories are well controlled (Hill, 2012). In essence, inventories entail all assets that facilitate normal business operations, and they include stock of goods for sale, the raw material for production, and materials consumed in the manufacturing process. Primarily, inventories constitute the largest item in the categories of current assets (Williams, 2015). The valuation of stocks at the end of financial year is crucial for determination of profitability ...

Toyota Multinational Corporation was founded in 1937 by Kiichiro Toyoda to create the automobiles. It is a multinational Corporation, and its headquarters is located in Japan. The corporation has employed about 320,000 people worldwide, and it is among the largest carmakers by sale. Toyota Multinational Corporation is a leading automobile firm, and it operates in more than 170 nations in the world. The company operates in many parts of the world, and its major markets include Japan, North America, Asia, and Europe. Its main objective and aim are to provide high quality and good customer service to its ...

Bargaining power can be defined as the ability to identify parameters in a negotiation, gain accommodations from other negotiating side, and tip the result of mediation to the preferred alternative (Dong, Zou & Taylor 101). Multinational Corporation, on the other hand, is a company with assets spanning over to other foreign countries besides its country of origin. These companies operate factories and offices in different countries with global activities controlled from a centralized location, mostly a headquarter. The ownership of these corporations is sometimes private. Some states form companies or seek shares in multinationals that are used to make foreign ...

Human Resource Management Issues

Introduction The human resource unit is perhaps the most dynamic one compared to virtually all the others. Majorly, this arises from the fact the human resource deals with the most important part of an organization and that is the employees. Therefore, there is a need for constant evolution in this area to ensure that the organization stays at par with the changing requirements of the employee. Specifically, various issues are of utmost concern to each agency. For instance, compensation and benefits for the employees are one of the most important areas that the human capital department deserves to pay ...

A generation ago, Asia was a marginalized region, and the financial community was not well developed. Over the years, it has grown and today it is the center of the global economy. It is essentially the engine of the economic world. Ultimately, the growth of Asia translates to growth for the world as a whole. This economic growth has been made possible by the people and their leaders. The political aspect of a region plays a significant role in the economy since it is keen on setting up different legislative steps so as to ensure the growth of the ...

Describe and critically evaluate the types of pay and reward systems a multinational company could adopt to remunerate expatriate managers.

Some of the major problems that may come across the way of expatriates while going abroad for the assignments include inter-cultural management, managing the social inclusion of expatriates in the host country, providing standard health benefits, security and education, utilities and incentives keeping the exchange rates, and national/international compensation scale in considering and also facilitating their re-entry within the home country after the completion of the assignment. Thus, the major concern for the multinational corporation is to find out ways that keep the expatriates motivate and retain for the optimal period of time (Reiche, 2011, n.d). There are some ...

Introduction

Multinational companies refer to those that conduct their operations and have subsidiaries in at least one country other than their country of origin. The first MNC came into existence in the 17th Century; the East India Company was the first one. Since then, MNCs have grown to over sixty thousand today being fueled by growth in world economy, better business infrastructure, and globalization amongst other factors. The first generation of MNCs had multi-domestic, international and global MNCs. The distinguishing characteristic of multi-domestic MNC is their interest in entry in new markets while the international ones were based on technological ...