Managing in the Multi-National Companies

Multinational companies portend with a lot of challenges in terms of management than is the case with national or local companies. These companies spread across different international boundaries, establishing their subsidiaries in nations situated in either one or several continents. One big challenge for these companies and their management emanates from the fact that they exist in communities with different cultures and ways of life. As such, it becomes difficult for the headquarters to apply uniform policies across board because they could easily affect performance due to there being a clash with the cultures. Additionally, different countries pursue different legal frameworks and structures which imply that the company has to readjust its operations so as to be able to run their activities legally. This paper seeks to discuss the management of multi-national corporations, and in particular analyze the numerous existing challenges.