Coordination and Control in Multinational's Essay

Coordination and Control in Multinationals - Essay ExampleFrom this essay it isclear thata Multinational corporation or enterprises trait characteristic is their presence in more than at least two countries. Some take, Knights Templar, founded in 1118 was the first multinational when it started banking. Others claim Dutch East India Company, founded in 1602, was the first multinational. Multinationals are known by a variety of names such as a Multinational passel (MNC), Multinational Enterprise (MNE), Transnational Corporation (TNC) or simply Multinational Organization (MNO).According to the report findingsa corporation, once it has achieved success at a local level, slowly branches out. Next it manages to attain power and influence and become an quick member in shaping globalization. Multinational corporations are known to stick very large budgets that even have the ability to exceed the budgets of many counties. Multinationals can be highly influential politically as they play an active role in International relations. This is mainly due to two factors that, Multinationals have a huge stinting influence upon politicians representative districts and that multinationals have huge economical resources available for public relations and political lobbying.Countries are competing with one another to win the attention of MNCs so they could be considered by these corporations. The setting up of multinationals in a country would mean tax revenue, employment and economic activity.