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Constraints facing today's multinational corporations

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What is a multinational corporation? What are some constraints facing today's multinational corporations? Predict how joint ventures and international mergers might address those constraints.

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Multinational corporation

What is a multinational corporation? What are some constraints facing today's multinational corporations? Predict how joint ventures and international mergers might address those constraints.
A multinational corporation (MNC) or transnational corporation (TNC), also called multinational enterprise (MNE) is a corporation or enterprise that manages production or delivers services in more than one country. (Wikiepedia, 2009) Hence multinational corporations are the organizations which have presence in more than one country. For example Siemens AG is Europe's largest engineering conglomerate and its headquarters are located in Berlin and Munich, Germany. It has got approximately 480,000 employees worldwide in nearly 190 countries and reported global revenue of $110.82 billion as of 2008. (Wikipedia, 2009)
Multinational corporations face lot ...

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