Management Functions and Multinational Corporations
The sections that follow discuss the four major management functions—planning, organizing, influencing, and controlling—as they occur in multinational corporations.
Planning in Multinational Corporations
Planning was defined in Chapter 1 as determining how an organization will achieve its objectives. This definition is applicable to the management of both domestic and multinational organizations, but with some differences.
The primary difference between planning in multinational organizations and planning in domestic organizations is in the plans’ components. Plans for multinational organizations include components that focus on the international arena, whereas plans for domestic organizations ...
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