Firstly, what definitely is a corporation? Corporation is the most common of business organization formed by a faction of people. Corporations are very powerful and gigantic firms which exist as a legal entity. Functional according to several rights and owned by stockholders who shares profits which are the most important aspect in a corporation named liability. By law, a corporation has plenty of the same rights as a person.
Transnational Corporation is a large corporation which produces or sells goods or services in various countries (Christopher). The issue of whether the transnational corporations can promote the economic development in underdeveloped countries has been discussed a lot. It’s an important issue because transnational corporations have been one of the most active and most remarkable points of economic growth. According to Top 200: The Rise of Corporate Global Power, “of the 100 largest economies in the world, 51 are corporations, [such as Wal-Mart Stores, Exxon Mobil, Chevron, General Electric, Ford and so on]; only 49 are countries (based on a comparison of corporate sales and country GDPs). And the top 200 corporations’ sales are growing at a
Pressure Lehman Brothers was one of the largest investment banks in the world, so expectation and pressures of reporting positive financial results that apply to a bank of that magnitude are intense. Were a bank of this size to have a poor reporting period it would have a significant impact on its quoted share price. In the years leading up to 2008, Lehman Brothers invested heavily in the US sub-prime mortgage market. Were they lent large sums of money to individuals with the purpose of becoming homeowners, it was seen as a quick way of making money as they would group a lot of the mortgages together, sell them on to other banks and make a profit. A risky investment if the homeowners were unable to repay the mortgage.
I. Introduction Multinational Corporations (MNCs) in the global economy in these recent years has become the most important actors in doing international businesses, foreign investments, and world trades. MNCs plays an important role in determining the diplomatic relations between states. How the MNCs entering the host countries are also being considered to expand their market base. Commercial diplomacy and the diplomatic assistance as a part of MNCs activities also considered as one of the most important factors in determining the successful of the MNCs.
Business plan: Citigroup Inc. 1. Resume. Citigroup Inc. is the largest international financial conglomerate, which has become one of the world leaders in the financial services industry. Citigroup was established through the merger of two different companies, Citicorp and Travelers Insurance, April 7, 1998, finally - October 9, 1998. Objective: Demand, which in the banking market, allows expectation to make a profit and the development of proposals and programs of this company in the market.
Many people play several different parts in the development of the global business: it is clear that we all consume giant amounts of goods produced far from the places where we live, but many of us have our jobs thanks to both the global corporations and smaller local enterprises, which make their profit importing and exporting goods from certain countries. Such giant oil companies as Shell and Exxon, vehicle manufacturers as General Motors and Toyota, consumer-electronics producers employ millions of people in hundreds of different countries. They open new branches in different places every now and then, developing the global market and giving local people a possibility to get new work places. This definitely helps to improve the lifestyle of people living in the developing countries, as the new companies not only hire local people, but are also well known for creating a keeping a good image in the international community, providing plenty of different programmes and undertaking charity
Big multinational corporations have accounts that beat those of some small countries. Example of these corporations is Mitsubishi Motors. So in the following report we are going to discuss why companies want to expand globally including the currency exchange exposures and finally factors that complicate this expansions
Economic growth brings lot of changes in a country by the circulation of wealth, but economic growth relies on financial development. According to Rajan and Zingles (1998), financial development has a positive impact on economic growth while Levine (1997) states that the financial development and economic growth are positively related. When it comes to economic growth and welfare, increased mergers and acquisition (M&A) over the past few years we can notice significant activity. The huge transactions that were happening, especially cross-border transactions that have been made, arise the interests among plenty of scholars. A good amount of studies in the market for corporate control have described that “mergers and acquisitions” (M&A) is an aggressive strategic growth choice to gain ownership and control over the target entity.
Thirdly, international business has been dominated by the developed countries and MNCs. MNCs are the multinational corporations of the developed countries. The country that dominated and fully controls the foreign trade is USA, Europe and Japan. They have many advantages such as large financial, other resources, best technology, research and development, skilled employees and managers. That was the factors that helping them to capture and dominate the world
Thirdly, international business has been dominated by the developed countries and MNCs. MNCs are the multinational corporations of the developed countries. The country that dominated and fully controls the foreign trade is USA, Europe and Japan. They have many advantages such as large financial, other resources, best technology, research and development, skilled employees and managers. That was the factors that helping them to capture and dominate the world market.