In your own words based on experience and understanding, please respond to the following:
A) What are four basic philosophies that drive strategic management in most multi-national corporations (MNCs)?
B) What are three basic differences between a domestic strategy and a global strategy?
C) Why is a global matrix design almost always transitional in nature?
D) What is corporate culture? Why is it paramount in international control systems?© BrainMass Inc. brainmass.com October 24, 2018, 8:08 pm ad1c9bdddf
The solution examines aspects of international business ventures e.g. four basic philosophies that drive strategic management, differences between domestic and global strategy, the nature of the global matrix design, as well as the nature and significance of corporate culture.
National and Corporate Strategy for International Business
It is a known fact that workforce diversity plays a pivotal role, in partcular, in multinational companies to ensure survival and competiveness in various countries they operate. But how to you accommodate various aspects of national and corporate cultures that appear to be remotely different, in packaging them to develop company's international strategy?View Full Posting Details