Thursday, February 21, 2013
Multinational Companies
Multinational companies
A transnational corporation (MNC) or multinational enterprise (MNE)[1] is a corporation enterprise that manages return or delivers services in more than matchless country. It can in any case be referred to as an international corporation. They play an important affair in globalization.
Strategies
Corporations may make a foreign exact investment. Foreign direct investment is direct investment into whiz country by a company in production located in another(prenominal) country either by buying a company in the country or by expanding operations of an existing business in the country. [2] [3]
A subsidiary or daughter company[4] is a company that is tout ensemble or partly owned and wholly controlled by another company that owns more than half of the subsidiarys stock.[5][6]
A corporation may choose to locate in a special sparing zone, which is a geographical region that has economic and other laws that argon more free-market-oriented than a countrys typical or national laws.
[edit]Communication in the midst of different countries
Business travel is the practice of people travelling for purposes related to their work.
A teleconference or teleseminar is the live telephone exchange and mass articulation of information among several persons and machines remote from one another but linked by a telecommunications system.
[edit]Communication betwixt different cultures
Multinational corporations need to deal with different cultures of their employees, partners, suppliers and customers.
cross-cultural communication (also frequently referred to as intercultural communication, which is also used in a different sense, though) is a field of study that looks at how people from differing cultural backgrounds communicate, in similar and different slipway among themselves, and how they endeavour to communicate across cultures.
Intercultural competence is the ability of flourishing communication with people of other cultures. A person who is interculturally adequate captures and...If you want to get a full essay, order it on our website: Orderessay
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