Multinational Corporations' Challenge for Global Competitiveness

In this assignment, we will discuss Expatriate Failure Is A Common Challenge For Multinational corporations (MNCs) and governments increasingly rely on expatriates to function as knowledge transfer agents in today's internationally competitive business environment as foreign investment continues to rise. MNCs often send expatriates back to their home country after sending them abroad for at least a year to work and live in order to finish a certain assignment (Kraimer, et al., 2016). Employers who conduct business abroad must be specially trained and have a thorough awareness of local customs, business dynamics, legal landscapes, and workforce diversity.