Multinational enterprises do not formulate worldwide strategies but rather regional What does this statement mean and how does it help us better understand international business?
Multinational enterprises do not formulate worldwide strategies but rather regional What does this statement mean and how does it help us better understand international business?
Multinational Enterprises:-
Multinational enterprises means the companies that produce goods and services or deliver in more than one country. A multinational enterprises have headquarters in one or rarely more than one country, the home country ,while also operating in other countries. Multinational organization has assets or facilities in multiple countries. There are various types of multinational companies:-
- Decentralized corporation.
- Global centralized corporations.
- International divisions.
- Transnational enterprise.
International Business:-
International business refers to the trade of goods and services , technology, capital and knowledge across national boarders and at global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.
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