make a blog about the ways you think to lesson. if not eliminate the negative consequences of multinational corporations

Jhonna Mae M. Ganzale

BSCRIM1 BLOCK A 

Very high assets and turnover

To become a global corporation, a company must be enormous and have a large quantity of physical and financial assets. The company's goals are lofty, and it is capable of generating considerable profits.

Branches' network

Multinational corporations have manufacturing and marketing operations in several countries. The company may have many officers in each county who work through various branches and subsidiaries.

Control

In respect to the previous statement, all officers in other countries are managed by a single head office in the home nation. As a result, the command center is located in the home country.

Continued expansion

Multinational corporations continue to expand. They try to expand their economic scale by constantly upgrading and performing mergers and acquisitions, even while they operate in other nations.

Cutting-edge technology

When a firm expands globally, it must ensure that its investment will rise significantly. They must ensure capital-intensive technology, particularly in their production and marketing activities, in order to achieve significant growths.

Today's best practices are frequently the result of multinational corporations.

For their goods and services, most multinational corporations rely on merchants and distributors. Some companies even leverage third-party firms to generate additional revenue. They have a global presence and a large overall size. These businesses exploit their associates' leverage to create a needed activity for each consumer.

Multinational firms invest, and as a result, innovation occurs.

The majority of multinational firms devote roughly 5% to 10% of their annual budget to creative research and development projects. The majority of companies that continuously rank in the Fortune Global 500 invest heavily in research and development.

Multinational corporations have increased global cultural awareness.

When a company decides to expand into a new market, it is confronted with new sociological realities. Multinational corporations are incredibly diverse, giving them additional power as a result of this diversity. The contemporary market situation need agency knowledge. What are the local market's pain points?

Consumer consistency is a priority for multinational corporations.

Multinational corporations have centralized management systems. That means there's a basic assumption that each asset will look and work the same as the others. Even if a company in China sells a different product from one in Canada, the company's underlying ethics and values are presented for all to see.

Multiplicational corporations have made diversification possible.

The survival of most populations, emerging countries, and markets is based on a set of basic products. The majority of the commodities are linked to agriculture-based businesses, such as farming, and international corporations provide these economies more product and pricing variety, which adds to the consumer's diversity.

Negative impact of multiplicational corporations

A corporation is a type of business entity that is separate from its owners in terms of legal status. As businesses expand and become multinational, their interests and influence expand as well. These corporations' decisions are always made with the primary goal of increasing profits in mind. The multinational corporations, such as Wal-Mart, Nike, and Gap, have had a negative impact on the world by violating human rights, controlling the media, and throwing smaller local businesses out of business.