Discuss the Current and Future Trends in Managing International or Multinational Company

It used to be only select few Malayan companies had the resources to venture abroad. Overseas ventures were a game only for the bountiful players. Nowadays, going abroad is almost necessity for any Malayan company looking for growth in profit. Malaysian companies atomic number 18 looking abroad to take advantage of the internationalization avocation the rising labour costs and a limited interior(prenominal) market ? Malaysia only has 22 million people comp ard to countries kindred India and China which each has much than 1 billion people. at that place is as well as another factor to be considered. Liberalization also forces open markets, giving more opportunities and competition around the ballock in the spirit of globalization. Increasingly more foreign companies are coming to Malaysia hence the competition is also becoming more stiff in the domestic market. Indeed the world has been find oneselfn flatten by the impact of globalization, that global leaders, global managers and businessmen bewitch it as a scenario that may never go a direction. Whether we see it as a threat or an opportunity depends on how we are prepared to manage the circumstances that have been move up out of globalization. The competition between the nations is fierce too. Everybody now wants to be a biotechnology hub, a supply chain hub or a shared service hub.

Malaysian companies face a two types globalization challenge. They need to defend their home superoxide dismutase against large corporations from developed markets, and beat them to neighbouring market offering material growth and cost advantage. The challenge is formidable but the damage of failure is global marginalization. In a fast-changing globalised environment, the only way is growing competitive. For Malaysian firms to compete internationally, their leaders at each level must be aligned to set bolds goals, denounce initiatives, create resources and overcome barriers. Firms must also develop organisational structures that promote collaboration across regions, business and functions, optimize global/local... If you want to get a full essay, order it on our website: Orderessay

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