International Business Strategy Literature Review 2022

MANAGEMENT
International Business Strategy
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Professor
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MANAGEMENT
Climate change has become one of the critical elements to discuss in the current world.
According to the article, there is a need for sustainable societal elements to respond to the
impacts of climate change. The point is that climate change needs international response, and it
is now the best time for the MNEs to come up with appropriate measures. Some of the concepts I
have learned from the paper have been presented systematically, as shown below.
What is the most interesting thing you have learned from the reading, and why?
Through the entire content, I have learned a lot concerning the issue between climate change and
the MNES. The literature review section has elaborated on the essential drivers that are
accelerating the aspect of climate change and how the MNEs principles could respond to this.
According to Lei et al (2017 p.34) the climate change will impact the whole economy if not well
handled. Through this aspect, I have learned that it is the best time for the MNEs strategies to
start employing the appropriate concepts. These concepts will induce changes in the political,
social, and economic environment, thus creating a viable economy (Amusan, 2018 p.120).
On the other hand, Osabuohien et al (2015 p.31) argued that most of the organizations and
investors are aware of the climate change, but they are yet to incorporate measures to combat the
change. Through this analogy, I have learned that there are those internal barriers that are
deterring investors from coming up with strategies that will aid in reducing climate change in the
economy. Besides, Alkaff,et al (2016 p.398), has mentioned on some of the fundamental
approaches that will help MNEs to realize the barriers to handle climate change. From this work,
it has become to my senses that business stakeholders could comply with aspects such as
national, sectoral, organizational, and transactional approaches that can aid in reducing climate
change in the economy. The author supported that all these frameworks can be applied to all