What issues would a multinational company face in establishing global wide performance measurement standards?

What issues would a multinational company face in establishing global wide performance measurement standards?

Expert Solution

Answer:-

Developing standards that will help in the general performance evaluation of the multinational company is very challenging.

To guarantee that the MNC maintains exclusive requirements and consistency in the entirety of its auxiliaries a midway evolved basis ought to be utilized in performance evaluation. There are numerous issues that emerge when objective wide performance measurement standards are utilized.

The most basic factor is consistency in progressively emotional rules like integrity, collaboration and results direction. The assessment of abstract measure may contrast starting with one auxiliary then onto the next dependent on the social elements of the auxiliary area.

Likewise, the incorporated performance measurement standards face pressures for neighborhood responsiveness just as powerless weights for worldwide integration.

Also, since the models for rating performance contrasts across different auxiliaries because of geological and multi-social concerns, people with a similar activity title may get diverse pay. This is against to the principle of decency and value.

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