Explore BrainMass
Share

Explore BrainMass

    Importance of Multinational Business

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    1. Identify a multinational business enterprise that you feel engages in transnational strategy, tell why you feel it does so, and give an example of how it does this.

    2. Why is developing transnational knowledge important? What is a global mindset? Provide examples.

    3. How might an organization's development of transnational knowledge offer both advantages and disadvantages? What are potential advantages and limiting factors in developing transnational knowledge?

    4. What are some of the advantages and disadvantages of local market differences? How might a transnational organization make use of local market differences? Be specific

    © BrainMass Inc. brainmass.com October 10, 2019, 2:51 am ad1c9bdddf
    https://brainmass.com/business/competitive-advantage/importance-of-multinational-business-397304

    Solution Preview

    1. Identify a multinational business enterprise that you feel engages in transnational strategy, tell why you feel it does so, and give an example of how it does this.

    The multinational business enterprise that I feel engages in transnational strategy is Coca Cola. I feel that this is so because Coca Cola on one hand sells the concentrate internationally but at the same time it varies the taste slightly to suit local palate. For instance, Coca Cola is sweeter in the USA where its customers prefer it sweeter but in Asian countries Coca Cola is less sweet because the customers want it less sweet. In other words Coca Cola combines elements of a global strategy and multi-domestic strategy.

    2. Why is developing transnational knowledge important? What is a global mindset? Provide examples.

    The development of transnational knowledge is important because products ...

    Solution Summary

    This solution gives you strong points concerning Importance of Multinational Business

    $2.19