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Business and Business Environment Assignment Sample

Added on - 30 Jun 2021

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BUSINESS AND BUSINESS ENVIRONMENTORGANISATIONS ANDSTAKEHOLDER ANALYSIS1WEEK 2EMMANUEL B OFORIBTEC EDEXCEL HND
Recap:Last week we did look:1. the nature and purpose2. different types of business organisations3. For profit and Not for ProfitOrganisationsEMMANUEL B OFORI2
Difference between a global, transnational,international and multinational companyWe tend to read the following terms andthink they refer to any company doingbusiness in another country.MultinationalInternationalTransnationalGlobalEMMANUEL B OFORI3
International companiesare importers andexporters, they have no investment outsideof their home country.EMMANUEL B OFORI4
Multinational companiesMultinational companieshave investmentin other countries, but do not havecoordinated product offerings in eachcountry.More focused on adapting their productsand service to each individual local market.EMMANUEL B OFORI5
Multinational organisationsAmultinational corporationorworldwideenterpriseis an organization that owns orcontrols production of goods or services in oneor more countries other than their homecountry.It can also be referred as aninternationalcorporation, a "transnational corporation", orastateless corporationEMMANUEL B OFORI6
Multinational organisationsA multinational corporation is usually a large corporationwhich produces or sells goods or services in variouscountries.1.Importing and exporting goods and services2.Making significant investments in a foreign country3.Buying and selling licenses in foreign markets4.Engaging in contract manufacturing—permitting a localmanufacturer in a foreign country to produce theirproducts5.Opening manufacturing facilities or assembly operationsin foreign countriesEMMANUEL B OFORI7
A Global CompanyA global corporation is a business that operatesin two or more countries. It also goes by thename "multinational company."Expanding your business globally can offerseveral advantages over running a strictlydomestic company, but operating in multiplecountries also poses logistical and culturalchallenges.EMMANUEL B OFORI8
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