In What Ways Has Globalisation Helped Multinational Corporations Coordinate And Control Their Business Functions On A Global Scale

779 words - 4 pages

In what ways has globalisation helped multinational corporations coordinate and control their business functions on a global scale.'Globalization' is commonly used as a shorthand way of describing the spread and connectedness of production, communication and technologies across the world. That spread has involved the linking of economic and cultural activity. Globalization in the sense of connectivity in economic and cultural life across the world, has been growing for centuries. However, many believe the current situation is of a fundamentally different order to what has gone before. The speed of communication and exchange, the complexity and size of the networks involved, and the sheer ...view middle of the document...

globalization and the mounting number of conflicts occurring in regions where multinational corporations (MNCs) operate have prompted international organizations, the media, human rights groups, social investors and consumers, as well as some corporate executives, to discuss the responsibility MNCs share in promoting peace and avoiding conflict. Corporate social responsibility and business ethics groups assert that corporations have an interest in leveraging their skills and impact to promote stability in their operations, not only because it is the right thing to do, but also because it makes good business sense. The more traditional human rights groups make use of international law to ensure that businesses are not complicit in human rights abuses, while conflict resolution groups offer their problem-solving skills and their expertise in identifying root causes of conflict.(3)The primary issue in the new millennium is not global pollution and the consumption of natural resources, but rather the dire need for multinational corporations with large cash flows to achieve sustainability for all world markets. large multinational corporations can promote an enriched living-style and a healthier environment for all those they serve through the process of...

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