Multinational Companies - 20592

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  • From: Business,
  • Posted on: Mon 29 Jul, 2013
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Request Description

1.    Characterize the future of US-based companies desiring to expand overseas within the next 5 years. What political, economic, and technological challenges might those companies face and why? How can they be overcome?

1.    How should an HR department evolve to match a company’s expansion overseas? Which leadership roles are most important in this scenario?

1.    Which of the cross-cultural themes discussed in Chapter 4 do you feel is most vital to the success of an MNC and why?

1.    Why is it useful to have an 8-step negotiation model? What are the consequences if a step is skipped?

1.    In your opinion, what are the biggest challenges facing MNC’s in today’s economy and why? Allow for political, technological, and economic challenges.

Solution Description

1.    In your opinion, what are the biggest challenges facing MNC’s in today’s economy and why? Allow for political, technological, and economic challenges.

The big challenges are as follows in my opinion: 1. politically dealing with the laws and cultures of other countries. They have to convince other governments that their products and services will not hurt their countries culture or government in any way. 2. Economic issues would be the challenge of the exchange rate fluctuations and economic instabilities. 3. Technological: they have to figure out how to deal with a diverse workforce. This would include culture, language, and what’s normal for that country.

2.