As to why the multinational companies are coming down to India, the reasons are: Structure according to geographical regions are suitable for multinational companies operating in many places all around the world.
The structure of the product is also suitable for many multinational companies with innovative products and experiencing rapid goods and services. In this case, effective control can be done by formulating the design of the structure of multinational companies.
However, most people believe that online scams applies only to individuals and careless of personal information that they believe can visit the official website without any doubt.
Even if they do, they transfer, not the latest sophisticated technology, but obsolete technology. In some ways the impact of MNCs in India has been positive. Though many MNC initially promise to transfer technology to the host country, they seldom do so.
India has a huge market for automobiles and hence a number of automobile giants have stepped into this country to reap the market. As they are mostly located in urban areas, the MNCs worsen the already existing imbalance between the rural and urban areas as well as contribute to accelerated rural-urban migration.
As a solution, they increase the number of experts in a particular group because this structure requires managers who are knowledgeable and understand the management functions for groups of related products. It also regulates quickly to the needs of foreign markets as a dedicated and skilled staff in the relevant product group.
Multinational corporations MNCs Essay: This functional structures can also reduce duplication of resources for instance sharing production machinery parts for all types of products that produced. This can be seen from the efforts of the government to check and tighten controls on exports of high technology in the interest of national security handicapped by the recommendations of forging responses supervision by the companies themselves.
However, no one can control the information in cyberspace; millions of websites have been switched on. To tell the truth, all of it instead of exclusive rights for any aggression, manipulation and deception can be done by those who are malicious.
There are UK writers just like me on hand, waiting to help you. They have indirectly made Indian companies more efficient as they brought in competition. These products stimulate inappropriate consumption patterns through advertisement and their monopolistic market power, using inappropriate capital intensive technology.
MNCs may damage the economies of the underdeveloped economies because their superior knowledge, worldwide contacts and advertising skills inhibit the emergence of small-scale local enterprises.
So, resource sharing expertise can assist employees in term of improving their performance and skill in workplace. Because of their huge resources, MNCs are able to diversify into various economic activities, pushing out indigenous companies in those fields.
Troubleshooting on foreign markets products is faster because the full attention given by the staff responsible for certain product groups and it is more sensitive to the problems of its product groups.
The current account may deteriorate due to large-scale import of intermediate goods, and capital account may worsen because of repatriation of profits, interest, royalties, management fees, etc.
There are also a number of oil companies and infrastructure builders from the Middle East. Just complete our simple order form and you could have your customised Business work in your email box, in as little as 3 hours. Thus, productivity can be improved soon.
Besides, the concentration of resources and facilities in an area can save cost and time for the transfer.
Such capital intensive technology leads to negligible, or even reduces, job creation. Besides that, facilitates training in which managers only need to be responsible for a specific part dedicated to only one functional. This structure can help managers to has better understanding about local market conditions and find a way to settle the problems that occur in that place.
Hence, firms can save costs. If MNC do not have their own website, this multinational company may be exposed to face abuse, fraud and uncertainty if it does not have a personal website to update their own company data that may be useful or can be a source of reference to visitors who visit their website.
The multinational companies in India represent a diversified portfolio of companies from different countries. It has been pointed out that these companies export too little, that they tend to declare high dividends, that their investments are concentrated in certain sectors, that they transfer very little technology.
In conclusion, we may say that foreign investment if it is actually done can be an important stimulus to economic and social development, only so long as the interests of both the MNCs and the host country coincide.
For one thing, functional structures suitable for multinational companies who is producing similar goods or in small quantities and do not have many branches.
In addition, the functional problem can be solved faster and efficiently. In India, since the announcement of the liberalised foreign investment policy inthere has been a spurt in the number of MNCs as well as foreign collaborations.
India has got a huge market; it has one of the fastest growing economies in the world; the policy of the government towards foreign direct investment has also played a major role in attracting the multinational companies in India; there is labour competitiveness.
One of the abuses of internet technology today is cybercrime. This structure is used to improve coordination tasks in the same product group and each of them are responsible to share the benefit of production which related to the products.Multinational Corporations' Staffing Approaches in China Essay by pepitaliang, University, Bachelor's, A- November download word file, 7 pages download word file, 7 pages 1 votes3/5(1).
Essay on Multinational Corporations (MNCs) Article shared by: ADVERTISEMENTS: Multinational Corporations (MNCs), also known as Transnational Corporations (TNCs), are enterprises operating in a number of countries and having production or service facilities outside the country of their origin.
Major Alternative Staffing Approaches for international operations. Essay by AmBedd, University, Bachelor's, July This is more effective in a multinational approach when a company wants to act "local." People in and outside the subsidiary will more readily accept this system.
Multinational Corporations' Staffing Approaches in China3/5(1). Approaches To Hr By Multinational Corporations Management Essay. Print Reference this no matter the firm is domestic or multinational. Staffing issue for domestic managers and MNC's managers are not very different for recruiting for the middle management or ground floor workers, but for selecting and recruiting of top management then the.
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With regard to the staffing approaches of international enterprise, Perlmutter () identified three ways in how global corporations are staffed. The fourth staffing approach was added a few years later, they are: ethnocentric approach, polycentric approach, regiocentric approach, and geocentric approach.Download