Here is the synopsis of our sample research paper on Multinational, Transnational & Strategic Alliances. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
A 2.5 page paper. The terms multinational and transnational are defined and some of the challenges in moving from a multinational to a transnational corporation are discussed. The major types of strategic alliances are defined and the advantages and disadvantages of each are reported. Bibliography lists 5 sources.
Page Count:
2 pages (~225 words per page)
File: MM12_PGmlt.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
sets up complete operations in other countries is a multinational corporation (Wimberly et al, 1998). While a multinational corporation will establish duplicate operations in more than one country and is
dependent upon local economies being strong, the transnational corporation is not concerned with the domestic economy (Dobbin, 2001). Many multinational corporations are moving to a transnational structure as a
result of increasing interdependence of national markets (University of Durham, nd). One of the major challenges involved with this type of transition in organizational structure is a mind-set change among
managers who must adopt a global functional management approach (University of Durham, nd). The transfer requires new capabilities on the part of managers such as forecasting local needs. Interdependence rather
than independence between the head office and local labor, for instance, is another challenge. There is a need for greater collaboration and cooperation in the transnational corporation (University of Durham,
nd). The transnational corporation requires far more responsiveness to local conditions (University of Durham, nd). Strategic alliances involve at least two partner companies who retain legal independence, who share
managerial control over the companys performance and who each contribute in one or more strategic areas of the company, such as products or technology (Todeva and Knoke, 2001). There are
a number of types of strategic alliances, including: * Joint Venture where two or more companies join together to form a separate business. Each of the companies have equity and
representation on the new entitys Board. Joint ventures are especially advantageous when expanding to a new country. The local company knows and understands the local population, which increases the success
level. The disadvantage is that the original company must share governance and profits. * Joint Production Agreements wherein companies cooperate to make either components of products or entire
...