What is a multinational corporation?
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A mulitnational Corporation Is a company set up branches in many countries like Hp. Creative, BHP, SHell. From Mulitinational we already know it means many nations.\n\nThey are huge companies that set up companies in different parts of the world to operate as a whole.\n\nwww.bhp-billiton.com
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Corporate NATIONALISM is when a corporation has exclusive contracts with, or benefits through, their home government\nthat do not necessarily reflect actual market conditions. Example: the French government automatically awards contracts to build military aircraft to Airbus, a mostly French-owned European aerospace company. Wheras our military is more apt to seek competitive bids for contracts. Automatically selecting Haliburton for certain contracts is an example of corporate nationalism in the US.\n   This practice is done because governments usually prefer to benefit a domestic company over a foreign one. Sometimes, only certain companies are trusted to handle sensitive contracts.
190421
A-A MNC gets respect for its image, product, market reach, price and business more easily since the amrket is eagar to TRY the product.\nDisadvantages-The product can be copied & spurious versions with lower quality/little alterations can compete at lower price. Local apathy can generate as the market is not utility oriented, User friendly but 'trying' the product! Hence retentive usage of a foreign brand has long term limitations, unless the MNC floats a local entity and get into local acceptance. This is more in consumer products while not so in capital goods but here it is the Govt apathy can create licencing/tax hurdles.
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in·ter·con·ti·nen·tal (ĭn'tər-kŏn'tə-nĕn'tl)\nadj.\n\n   1. Extending or taking place between or among continents: intercontinental exploration; intercontinental cooperation.\n   2. Having the capability of traveling from one continent to another: an intercontinental ballistic missile; an intercontinental airline.\n\nIt's also a big hotel chain.
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I am assuming that this is the Company that you are referring to:\nGOLDQUEST International Ltd is a multi-national company recognised and accepted internationally as a reputable retailer of gold products with its head office in Hong Kong and several representative offices in key business cities across the globe.\n\nGOLDQUEST harnesses the power of the Net and the most modern of technologies to communicate to its customers and conduct business with them in the most efficient manner possible. Its venture into electronic commerce, through the creation of the Online Store in May 2000, is already generating a quarter of the company's total sales.\n\nGOLDQUEST is part of the QI Ltd, a multinational conglomerate with a determined vision to be the ultimate and trustworthy business partner of the people and organisations it serves. It has a mission and a heart to uplift humanity by creating and offering new business opportunities to meet the personal as well as professional needs of its clients and business partners. The Group has GOLDQUEST as its flagship business, along with other nine wholly-owned subsidiaries offering a diverse scope of products and services, ranging from retailing, travel & leisure, interactive marketing, finance and corporate investments, to training and education.\n\nConsolidating the synergies of the global customer and capital base that has been built up, QI Ltd and its affiliates are always looking at expanding into various other businesses to offer excellent products and exemplary services to our customers all over the world.
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Most international companies have studies done by outside consultants to substantiate the intergroup markups that they charge on international transactions within the company.  That is the only way to insure that their practices pass the mustard with governmental tax agencies around the world, and yet don't cripple the company's business efforts.
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MNC stands for Multi-National Corporation. It defines a company (corporation) that run it's operation of producing and deliver products/services in at least 2 countries.\n\nMIS stands for Management Information System. It is a general name for the academic discipline covering the application of people, technologies, and procedures—collectively, the information system—to business problems.\n\nMIS report is a business document that states how the company allocates it's Information System Resources in day to day operation of the company
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Most company choose the country where the started their business, but some companies move to countries with favorable taxes or laws.   Bermuda is headquarters for many international corporations, because of its pro business environment.  Some international companies also select countries willing to offer subsidies.  Some companies move to a country where they plan to sell their product or where they produce their product.  Some companies move to countries where they have access to a particular labor source, this is more true for a technically knowledgeable laborer, than a cheap laborer.  Most company stay at the nation they are founded, because they are afraid of offending certain government, fear of moving to a new country means dealing with new laws and cultures, most international corporations are founded in stable nations, and moving may make a company vulnerable to changing political environment, moving into a new nation could mean losing key personnel and retraining an entire new staff, and most importantly moving into a new country means the executives might have to move with the company to the new location.
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Seems to me that you don't tell us very much about the corporation other then a bit about their revenues.\n\nWhat about their competitors? Their advertising? Marketing? Any subsidiaries?\n\nDo a bit more research in a database like Hoovers or D&B to get a better idea of where this company stands in relation to the market, its competitors, and what the consumers want.
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I am actually currently taking this class. The concept of it is to teach you all aspects of doing business internationally, it is important to know if you are working with a company that does business internationally. You learn about management, marketing etc. skills.
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depends on the company,if the private co. is a multinational company, id rather work there than public companies..
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Internationalism is the principle wherein trade between countries are no longer subject to individual country laws but will be governed by a uniform law for all countries.  Multinational corporations will benefit from this system because of acceptance in other countries.  Local corporations will suffer from this predicament due to less exposure.
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For -- Corporations are significant forces in today's social structure and if they are obligated to take into account constituencies other than their stockholders -- employees, the environmentn, their community -- society as a whole benefits.  \n\nAgainst -- corporations are entities designed to maximize shareholder profit and that is their function.  To create an alternative obligation is to make them less efficient and in the end make our entire system of capitalism less efficient.  In a related practical issue, it makes it harder for shareholders to hold management accountable since management now has additional excuses to defend their actions (for example, a management team that rejects a takeover bid at a significant premium to current market value because it claims an acquisition would hurt the employees and the community of the target).
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Multilateralism is when decisions are made by more than one group or government.  When corporations have companies in more than one country, they gain power by placing CEOs in positions in different countries in order to make it appear as several countries support the idea of free trade, regardless of the views of the people at the bottom.  Regionalism is when the people at the bottom, those in the "region" decide whether or not they would benefit from a free trade deal, and they rarely do.
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Yes that is imperialistic, and they force their views and lifestyles on others so that everyone comes to value capitalism and markets and consumerism. This means that spending and buying is encouraged, which means more profits for the multinationals. And the MNCs are in cahoots with the government. HOWEVER, one shouldn't lump together all democratic societies... In the previous century many European countries were colonizing the rest of the world but now it is mainly America which is the imperial power. While there are many factors behind America's imperialism, the main factor is profits, since the American government is run by power elites more than common people.
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GE is an enormous multinational industrial company headquartered in Fairfield, Connecticut. The company describes itself as composed of a number of primary business units or "businesses." Each "business" is itself a vast enterprise, any of which would, even as a standalone company, rank in the Fortune 500. The list of GE businesses varies over time as the result of acquisitions, divestitures and reorganizations.\n\nIn 2005, GE launched its "Ecomagination" initiative in an attempt to position itself as a "green" company. Currently the company is one of the biggest players in the wind power industry and also developing new environment friendly products such as hybrid locomotives and photovoltaic cells. The company has also set goals for its subsidiaries to lower their greenhouse gas emissions.
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Merger: The statutory combination of two or more corporations in which one of the corporations survives and the other corporations cease to exist.\n\nAcquisition: the act of one corporation acquiring a controlling interest in another corporation. In an "unfriendly" takeover, the buying corporation may offer incentives to stockholders such as offering a price well above the current market value.