Business management strategies of multinational corporations operating in different markets

Since the modern world is highly interconnected, more actors than just states have an impact on the overall situation. Multinational corporations have gained enormous power as the globalization increased. In some cases, the decisions made by conglomerates affect not only the home country but also the whole world. Hence, it is crucial both for states and for multinational corporations to find the points of common interest. Any economy of the country depends on various factors such as political decisions, laws and regulations introduced by the governments, the level of citizens education and participation in international agreements.

Due to the fact that the modern world is so connected and interdependent, countries also have to negotiate between themselves and sign multilateral agreements, participate in global organizations and build relationships not only with the neighboring states but also around the globe. By participating in such activities, the countries will be able to attract more foreign corporations and thus gain larger benefits from their operation on country's territory.

All in all, the cooperation between a corporation and a government depends on multiple factors, and each party seeks to benefit the most. To reach an agreement, companies develop different strategies of the entrance to the new market and governments introduce various measures to improve the internal conditions.

References

1.Bartlett C. & Ghoshal S. (1998). Managing across Borders: New Organizational Responses. Cambridge, MA: MIT Sloan Management Review.

2.Caldas Lima, J. M. (2008). Patterns of Internationalization for Developing Country Enterprises. Vienna: United Nations Industrial Development Organization.

3.Daniels, J. D., & Cannice, M. V. (2004). Interview studies in international business research. Handbook of qualitative research methods for international business, 185-206.

4.Dunning, J. H., & Lundan, S. M. (2008). Multinational enterprises and the global economy. Cheltenham, UK: Edward Elgar Publishing.

5.Frйry, F. (2006). The fundamental dimensions of strategy. Cambridge, MA: MIT Sloan Management Review, 48(1).

6.Grant, R. M. (2005). Contemporary Strategy Analysis. (5th ed.) Malden, MA: Blackwell Publishing.

7.Hall, E. (1976). Beyond Culture. New York, NY: Anchor Books

8.Hill,C. (2012). International Business: Competing in the global marketplace. (9th ed.) New York, NY: MCGRAW-HILL EDUCATION.

9.Hofstede, G. (1980). Culture's consequences: International differences in work-related values. Beverly Hills, CA: Sage.

10.Kaplinsky, R., & Morris, M. (2001). A handbook for value chain analysis. Ottawa, Canada: International Development Research Centre

11.OECD. (2003). Checklist for Foreign Direct Investment Incentive Policies. Paris, France: OECD Publications.

12.Oshri, I., Kotlarsky, J., & Willcocks, L. P. (2009). The Handbook of Global Outsourcing and Offshoring (3rd ed.). London, UK: Palgrave Macmillan.

13.Peng, M. W., & Meyer, K. (2019). International business. (3rd ed.) Boston, MA: Cengage Learning, EMEA.

14.Rasmussen, E., Madsen, T. K. (2002). The Born Global Concept, Paper for EIBA Conference, 1-26.

15.Robson, C. (2011). Real world research: A resource for users of social research methods in applied settings (3rd ed.). West Sussex, UK: John Wiley & Sons Ltd.

16.Saloner, G., Shepard, A., & Podolny, J. (2001). Strategic Management. New York, NY: John Willey & Sons.

17.Sturgeon, T. J. (2013). Global Value Chains and Economic Globalization- Towards a New Measurement Framework. Cambridge, MA: Massachusetts Institute of Technology: Industrial Performance Center.

18.Willcocks, L. (2016). Global business management foundations (3rd ed.). Stratford-upon-Avon: Steve Brookes Publishing.

19.United Nations Industrial Development Organization. (2015). Global value chains and development. Unido's Support towards Inclusive and Sustainable Industrial Development. Vienna, Austria: United Nations Industrial Development Organization

20.Alcohol.org. (2020). Alcohol Sales Laws & Regulating Bodies. Retrieved from https://www.alcohol.org/laws/regulating-bodies/

21.Alcohol.org. (2020). Rules & Regulations About Marketing Alcohol to the Public. Retrieved from https://www.alcohol.org/laws/marketing-to-the-public/

22.Alcohol.org.nz. (2019). New Zealand Alcohol Laws. Retrieved from https://www.alcohol.org.nz/alcohol-management-laws/nz-alcohol-laws

Annexes

Размещено на Allbest.ru