Management Problems Facing Multinational Corporations

Today, business is in a global environment. Companies need to consider not only the location and the main market base, but also other areas. In this regard, more and more companies around the world are beginning to carry out the tasks of multinational corporations. In this article, companies that operate multinational companies are called multinational companies. Through the movement of globalization, we can enrich the supply chain of multinational companies, change the high cost labor force and expand the potential market.

A multinational company (or multinational corporation) (MNC / TNC) is a company or company that manages or provides production bases in at least two countries. A very large multinational company has a budget that goes beyond the budget of many countries. Multinational companies may have a strong influence on international relations and regional economies. Multinational companies play an important role in globalization (Bartlett et al.). Multinational companies can be categorized into three categories depending on the composition of production facilities.

A multinational corporation (MNC) or a multinational corporation (MNE) is a company that manages the production or delivery of services in multiple countries. It can be said to be an international company. They play an important role in globalization (Pitelis and Sugden, 2000). Various attempts have been made in the literature to capture the true richness of MNC with definitions and concepts. For example, Perlmutter (1969) measured national multinational using management style-based taxonomies - geographical, multilateral, and ethnic centers -. Porter (1986) distinguishes multiple domestic and global companies based on the composition and coordination of enterprise value chains. The framework developed by Prahalad and Doz (1987) provides an environment-oriented classification based on the nature of the business and distinguishes global, multifocus and local companies.

Multinational corporations hire management consultants as external consultants to maintain global competitiveness through management consulting firm specializing in management analysis. Consultants analyze the company's structure and efficiency from the perspective of profit, propose and implement strategies for productivity improvement and cost management. The international business management expert got a bachelor's degree in international business for the first time. Undergraduate courses may introduce social science and behavioral science used in cross-cultural business and foreign languages, such as political science, psychology, anthropology, sociology. The multinational corporate administrator may need to be able to speak one or more other modern languages