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This analysis helps the multinationals

   

Added on  2022-09-18

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MANAGEMENT 1
APAC Business
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This analysis helps the multinationals_1
MANAGEMENT 2
Introduction
Countries such as Japan, China, among others that are in Asia Pacific region alter a
precious impact on the global multinationals. However, during post financial crisis in early 1997
there existed drawbacks that devastated, but rapid growth has been in place since the crisis year.
It is evident that Asia Pacific region has got a number of factors that increase economic
development in the region. These factors include but not limited to; export oriented strategies,
skilled labor, low wage utilization, and efficiency use of macroeconomic factors. In addition,
such factors leading to rapid economic development of Asian pacific Multinationals are based on
the roles brought up by foreign direct investments (Fitzgerald & Rowley, 2016). This paper will
not compare the factors that contribute the Japan and Korea’s growth and other Asian Pacific
countries, but comparing the management strategies, core capabilities, government role, and
corporate organizations of multinationals from their corresponding countries. This analysis helps
the multinationals to promote their services to other regions of the world. It is evident that the
management strategies, core capabilities, government role, and corporate organizations of
multinationals portray their performances in various countries. In addition, most of the
multinational strategies focus on increasing their performance on international scale (Fitzgerald
& Rowley, 2016). This helps the companies to formulate integrated networks by adding value on
the supply side and internal demand networks. The multinational companies from Asian Pacific
multinationals include;
Mitsubishi Corporation – Japan
Strategy
This analysis helps the multinationals_2
MANAGEMENT 3
Mitsubishi Corporation is located in Japan (Tokyo) and a conglomerate formed in 1950s.
The corporation employs about 68500 workers and currently it is one of the prominent
businesses in the market globally (Dee, 2010). It operates its activities in over 100 countries with
about 250 offices and almost 1500 subsidies. The mission is “To provide the best measures and
safety for potential customers and the society”. The vision however states “transforming the
model of the business from investing to controlling”. Mitsubishi Corporation engages in eight (8)
strategic business units (HERE Technologies, 2020). These units include world environment,
services in business, businesses in infrastructures, development and logistics, machinery,
businesses on industry, chemical products, metallic products, energy business and essential
living business (HERE Technologies, 2020). The major management strategies for financial year
2020 include;
Innovation to achieve growth
Developing a society that is recycle-oriented so as to produce value
Widen the global market for the company’s products by increasing investment
Persistent improvement to increase efficiency
Mitsubishi Corp employs the targeting strategy to choose segments where they would sell
particular products and services. The company therefore uses ‘differentiated targeted strategy’
(Bhasin, 2017).
Corporate organisation
As discussed earlier, the company deals in seven segments of business including
machinery, energy, food, finance and banking (Dee, 2010). The organisation of Mitsubishi
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MANAGEMENT 4
Corporation is a hierarchy from the top management to the bottom. Mitsubishi Corporation uses
the framework of corporate governance in the structural organisation of the company (Bhasin,
2017). Currently, the company adopted a committee structure that has two committees that is; the
system of executive officers and the executive committee. In the company, the board of directors
have unconditional rights towards choosing the company managers and directors. The company
has a total of eleven boards of directors (Jankowiak, 2017). In addition, the system of executive
officers is meant to help in the process of decision making. There are other five members under
the Audit and supervisory body. The role of this group is to conduct and execute business audits
of the company. The company also has other ordinary employees who perform different tasks so
as to place it under a competitive market globally.
Core capabilities
Mitsubishi Corporation is a production company that has successfully cooperated with
numerous companies like HARES (Purnama, 2013). For the past years, the company has
succeeded too in marketing its products and services. Furthermore, the company is capable of
extending its branches to over 200 countries and this has brought fame to it. The financial system
is also managed by a well specialised team of auditors and financial managers so that losses are
minimised (Jankowiak, 2017). In addition, Mitsubishi has existed in the market for a longer
period and this shows that it is eligible to compete with other companies in the Asia-Pacific
Region.
Government role
This analysis helps the multinationals_4

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