Coordination and Control in Multinational's Essay

Coordination and Control in multinationals - Essay ExampleFrom this essay it isclear thata multinational corporation or enterprises trait characteristic is their presence in to a greater extent than at least two countries. Some claim, Knights Templar, founded in 1118 was the first multinational when it started banking. Others claim Dutch eastern United States India Company, founded in 1602, was the first multinational. Multinationals are known by a variety of names such as a Multinational Corporation (MNC), Multinational Enterprise (MNE), Transnational Corporation (TNC) or simply Multinational Organization (MNO).According to the report findingsa corporation, once it has achieved success at a local level, easily branches out. Next it manages to attain power and influence and become an active member in shaping globalization. Multinational corporations are known to have very large budgets that even have the ability to exceed the budgets of many a(prenominal) counties. Multinational s can be highly influential politically as they play an active role in International relations. This is mainly due to two factors that, Multinationals have a huge economical influence upon politicians congressman districts and that multinationals have huge economical resources available for public relations and political lobbying.Countries are competing with one some other to win the attention of MNCs so they could be considered by these corporations. The setting up of multinationals in a country would mean tax revenue, employment and economic activity.