Management is an integral part of the success of any company. This is more important when it comes to multi-national companies. The way a person interacts and adapts to the several local business cultures determines the success of the business. Owing to this it is important to understand the several factors that influence and affect MNC and globalization.
The current objectives in this course help every student in becoming a good manager. First, the course helps explain the exposure to different foreign exchange exposure which is important in calculating the risk that the MNC will face. Second, the course will help the student understand the importance of the forces of globalization on MNC. The failure of understanding these forces may lead to one making a risky decision. Third, the objectives help the student understand the role of international financial institutions and markets. This is important because of the role they play in MNC. A failure for a student to understand this may lead to him/ her developing a wrong strategy. Finally, the course is able to teach the student on the several aspects involved with financial institutions. The failure to master this objective may lead to a student referring and a consulting an irrelevant financial institution.
Delegate your assignment to our experts and they will do the rest.
The purpose of the world trade organization is to address the rules that govern both inter-country and global trade. On the other hand, G8 is an annual meeting between eight biggest economies to discuss and find solutions on the biggest global issues. Owing to this, both the WTO and G8 are beneficial to MNC. This is because they both try to actively develop and enhance trade within and without borders. Their activities have the impact of ensuring that there is fair trade across the globe which is an important factor for the growth of multinationals.
In general, it is important to understand the role that international institutions play in the growth of MNC. However, it is important to understand the role of international monetary system. This is because it determines the exchange rate and the risk that multinational companies will incur when investing in a given company. This is important for managers as it determines the level of risk that the company will face.
