How Global Threats Impact Multinational Enterprises' Workforce Management

How do global threats change
the way Multinational
Enterprises manage their
global Workforce?
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INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION................................................................................................................................8
REFERENCES..............................................................................................................................11
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INTRODUCTION
Corona virus which is also termed as covid-19 pandemic disrupts each and every business
sector in all around the world. This global pandemic affected every business aspect be it
government, social, health care, manufacturing and more. All the businesses get seriously
impacted on term of growth and development (Zhu and Sardana, 2020). This pandemic still
continues to spread globally and effecting consumer shopping behaviour and industries like
transportation, food, medical travel and more. This pandemic also threaten every economy
around the globe and astonished the manner of business operations of multinational industries
like fashion, cars, food, hospitality, technology and more. Some of the biggest organisations like
Starbucks, Nike, McDonalds, Tesco Aston Martin and more faced serious destruction from this
virus. In this report formative analysis has been conducted on the manner in which the Global
threats such as covid-19 pandemic have the change the manner in which multinational
enterprising managing their workforce. In addition to this assignment also include covid-19
pandemic upon McDonalds which is operating its business services in food industry.
MAIN BODY
Covid-19 affected business organisation in every sector in all around the world and lead
them towards slow growth, decrease in sales and other quite tragic outcomes. It challenge the
way in which organisations are managing their business operations like management of
workforce, supply change management and more (Mazé and Chailan, 2020). Before this
pandemic there was international mobility which facilitates organisations to provide different
types of development opportunities to workforce. Multinational organisations however are
required to serve their customers even in this pandemic situation in order to maintain the leading
positioning and profitability in market Furthermore, it has been identified that due to this
pandemic organisations faced difficulties to manage their conferences and important meetings
that further lead to be cancelled. In addition to this it has been underlined that in order to protect
and manage their works from challenges of covid-19 multinational organisations are still trying
to overcome the consequences of these virus and engaged in the process of mitigating and
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managing impact Covid -19 upon workforce. Different type of practices and policies are being
adopted by HR and management in order to manage workforce globally in an effective manner.
Mentioned below there are some certain form of changes and modification that has been
implemented by McDonald's and other organisations in managing their international operations
strategies while concerning health and safety considerations for customers, employees and
business organisation.
Managing international operations:
Due to covid-19 multinational organisations are facing slowdown in global growth that
affected supply chain demand and business operations of companies, in order to overcome from
negative consequences of this pandemic entity is are forced to develop new strategies and
policies (Sarabi, Chng and Meyer, 2020). It is essential for multinational organisations in every
sector such as McDonald’s which is operating in food industry segment to address challenges in
global market. In order to overcome adverse impact of covid-19 and manage international
operations McDonald’s undertake advantage of different pricing strategy and customer price
sensitivity measures. Furthermore, it has been underlined that in order to overcome the losses
that have been faced by companies with the help of this strategy company is looking forward to
address the losses in upcoming months. This pandemic forced organisations around are world to
device new expectation and target for the year and are required to effectively address supply
chain disruption. Management of McDonald’s enforced new strategies in order to tackle liquidity
and credit challenges of distributor and customers.
In order to effectively manage international operations organisations like McDonald’s
undertaken certain modification and make investments in strategies to improve supply trends in
global market. In addition to this due to this pandemic organisation like McDonald’s are also
required to restructure their tax planning source of inventory, labour and supplies. In order to
generate international business revenue it is essential for multinational companies to effectively
imprecise upon tax compliances in order to effectively manage international operations.
Management of Tesco engaged in the process of organising business structure in order to
increase tax efficiency. It has been identified that in order to overcome the challenge of tax
consequences such as changes of international compliance business leaders of leading
organisations like Tesco, Aston Martin, Sainsbury, ASDA, McDonald’s and more are looking
forward to undertake advantage of strong International tax strategy while adhering International
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