How do multinational corporations differ from other companies that participate in global business?

Solutions

Expert Solution

1) A Multinational Corporation produces goods and services and has offices in many countries while a global corporation also has trade relations with several other countries.

2) A Multinational Corporation is involved in the manufacture of goods and services in multiple countries, and generally, the number of nations would be in the medium range, lets say from two to ten. A global corporation also has locations in multiple countries, however the number of nations would be quite high, lets say at least around 15-20+ nations.

3) A multinational corporation often pay local workers a lower salary rate in comparison to global corporations

4) MNCs have official headquarters and on contrary global companies do not.

5) Global corporations sell the similar product with their characteristic image and on other hands Multinational Corporation adapt their products to the needs of the host countries.

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

How do corporations differ from other capitalist firms? What is the role of the government in...

How do corporations differ from other capitalist firms? What is the role of the government in the creation of corporations?

Multinational Corporations (MNCs) are companies that do business both domestically and internationally. Foreign investment and flow...

Multinational Corporations (MNCs) are companies that do business both domestically and internationally. Foreign investment and flow of funds play an important and key role to these companies. Its sometimes even difficult to determine where the company is officially housed with operations in many different parts of the world. This also applies to a company when it comes to sales, costs and profits. List and discuss one factor affecting foreign investment and flow of funds of an MNC to a country....

Describe the role of multinational corporations in the global business environment and what are the challenges...

Describe the role of multinational corporations in the global business environment and what are the challenges and key business drivers of a multinational corporation ?

How do ethics differ in multinational companies versus pure domestic U.S. companies? MNEs try to maximize...

How do ethics differ in multinational companies versus pure domestic U.S. companies? MNEs try to maximize profits. How do MNEs attempt to maximize profits and minimize profit volatility/risk at the same time?

1. How do ethics differ in multinational companies versus pure domestic U.S. companies? 2. MNEs try...

1. How do ethics differ in multinational companies versus pure domestic U.S. companies? 2. MNEs try to maximize profits. How do MNEs attempt to maximize profits and minimize profit volatility/risk at the same time?

how do entitlement programs differ from other programs?

1. Identify (5) five global corporations. State its similarities and differences as multinational companies. (i.e. Google,...

1. Identify (5) five global corporations. State its similarities and differences as multinational companies. (i.e. Google, Microsoft, Samsung, etc.) 2. In simple terms, how does a global corporation does help a country in the current pandemic situation?

Discuss Global Promotion Strategies and how they differ between countries. What options do companies have in...

Discuss Global Promotion Strategies and how they differ between countries. What options do companies have in promoting their products? ?over 400 words?

Discuss Global Promotion Strategies and how they differ between countries. What options do companies have in...

Discuss Global Promotion Strategies and how they differ between countries. What options do companies have in promoting their products?

How do the spectra of the metal salts differ from each other and from the spectrum...

How do the spectra of the metal salts differ from each other and from the spectrum of the hydrogen atom? Be specific, referring to observations made on your spectra. Include the shapes and numbers of the lines you observe. Why do the spectra of the metal salts differ from the spectrum of the hydrogen atom? Be specific, connecting your observations made on your spectra from the different salts and the hydrogen atoms as they relate to the theory. I understand you...

Subjects