MNE Response and Decision Making in the COVID Pandemic
Verified
Added on 2022/12/30
|5
|955
|56
AI Summary
This document discusses the response and decision making of multinational companies (MNEs) in the COVID pandemic. It explores the impact on IBM theories and paradigm, as well as future decision making. References are provided for further reading.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
THE COVID PANDEMIC HURTS BUSINESSES INC MNES
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
TABLE OF CONTENT MAIN BODY..................................................................................................................................3 (a) MNE response and decision making......................................................................................3 (b) MNE’s IBM theories and paradigm.......................................................................................4 REFERENCES................................................................................................................................5
MAIN BODY (a) MNE response and decision making The government of the country is not giving funds to multinational companies in the country since they are not having a stable economic factor. There is a set standards all the businesses are having for themselves in the market therefore there has to be effective planning and measures which have to be taken. Response of IMB The company is not having a stable economic factor therefore the company is not operating international which is a great decision which the company has taken. The organization is going to target the customers in the country so that they can gain the right profit margins to be able to invest in the future so that there are going to be better decisions and functioning which is going to be present. Due to the lockdown globally there were a lot of products and services which went for waste and the company did not get the right revenue which they were expecting in the market (Belavusau and Gliszczynska-Grabias, 2020). The company will have to change their planning but the ethics, operations and structure of the company are going to remain the same. The geographic and funding sources of the company are going to be improved so that the company will be able to operate effectively. Future decision making For the future as well the company is going to take time in getting their old products back in the market so that they would be able to make the base stronger again in the market. It is very important for the company to have a strong portfolio in the market which is going to impact the performance for the expansion factor as well which is very essential for the organization to have. The company is going to opt for internal funding sources like netting which are going to have higher interest rates but the company has good experience and knowledge of the market therefore it is not going to be a trouble for the organization to have a stable functioning (Sjåfjell and et.al., 2020). There has to be good flow and planned cash which has to be present in IBM so that the company will be able to operate effectively and efficiently again in the market which is a very essential factor.
(b) MNE’s IBM theories and paradigm The paradigm for IMB is that they have to make sure that they would be able to make direct investment in foreign market which is going to make the company be affected majorly. Since the organization is not having good and stable economic factor because of the pandemic situation it is important for the organization to be able to make the right decisions. The location of the company is going to change and use of knowledge theory is very essential in IBM so that the company will be able to operate effectively which is a very essential factor (Lemonakis and Zairis, 2019). Expansion of the company is going to be planned by IBM but there have to be effective measures which have to be taken by the organization so that there is going to be higher working which is going to be present. This paradigm is going to help IBM be able to have a stable economic factor after the Covid-19 situation in the world and the company will be able to gain the competitive advantage again in the market which is a very important factor for the brand value and image in the market. Theory of knowledge is going to help IBM be able to overcome the Covid-19 situation which has risen globally but there have to be right measures which have to be taken. The products are going to be in a doubt till there is going to be no knowledge which is going to be present. There has to be good trust of the customers which has to be present of the clients in the products and services which IBM is providing in the market so that there is going to be stable working and profit margins (Rowan and Galanakis, 2020). The use of knowledge and skills of IBM is very essential so that the company will be able to operate effectively and the company to be able to functioning smoothly in the future and since the competition in the market is increasing it is essential for the organization to make the right decisions as well so that the company will be able to operate effectively.
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
REFERENCES Books and Journals Belavusau, U. and Gliszczynska-Grabias, A. eds., 2020.Constitutionalism under Stress. Oxford University Press. Lemonakis, C. and Zairis, A., 2019. Managing “crisis” and public sector organizations.Access at: https://www. europeanbusinessreview. eu/page. asp. Rowan, N.J. and Galanakis, C.M., 2020. Unlocking challenges and opportunities presented by COVID-19pandemicforcross-cuttingdisruptioninagri-foodandgreendeal innovations: Quo Vadis?.Science of the Total Environment. p.141362. Sjåfjell, B and et.al., 2020. Securing the Future of European Business: SMART Reform Proposals.University of Oslo Faculty of Law Research Paper.(2020-11).