Multinational Companies
Multinational Companies
GEB4891
Wesley Wilson
Abstract
Multinational companies can be successful only if they use smart advantages that help them to take on many problems that occur when working abroad. I found two companies that rank very well on many financial and economical lists. My two companies were FedEx and Google, both are very successful in the markets that they share in and both do work in more than 5 different countries. I researched them and compiled a list of advantages and disadvantages that came along with the business while they tackle the challenge of working at a distance in several different countries. Both companies dwell on communication greatly when working abroad. Technological leaps help them to improve their business. Also business plans or visions were set in place at every destination of business of each corporation and was strictly enforced and thoroughly broke down so that each location understood there goals and objectives. Each company is very successful in what they do and how they work in these distant lands and it shows on their bottom lines.
FedEx My first company that I researched was FedEx. When I started looking for good multinational companies to write about a came across a website that listed that top 25 companies and why they have achieved that status. I found that FedEx does has contracts and dealings in countries such as Argentina, Belgium, Brazil, Central America, Chile, France, Ireland, Italy, Mexico, Spain, Switzerland, The Netherlands, and the United Arab Emirates. FedEx revenues globally tally to about $24,600 in millions. There are many reasons why this company is ranked so high among all multinational companies and it is because they take advantage of many opportunities that are presented to them. Some of the advantages of being multinational for FedEx factors such as reaching their customers where they are located. Sometimes being multinational can mean that you are in the majority of your
GEB4891
Wesley Wilson
Abstract
Multinational companies can be successful only if they use smart advantages that help them to take on many problems that occur when working abroad. I found two companies that rank very well on many financial and economical lists. My two companies were FedEx and Google, both are very successful in the markets that they share in and both do work in more than 5 different countries. I researched them and compiled a list of advantages and disadvantages that came along with the business while they tackle the challenge of working at a distance in several different countries. Both companies dwell on communication greatly when working abroad. Technological leaps help them to improve their business. Also business plans or visions were set in place at every destination of business of each corporation and was strictly enforced and thoroughly broke down so that each location understood there goals and objectives. Each company is very successful in what they do and how they work in these distant lands and it shows on their bottom lines.
FedEx My first company that I researched was FedEx. When I started looking for good multinational companies to write about a came across a website that listed that top 25 companies and why they have achieved that status. I found that FedEx does has contracts and dealings in countries such as Argentina, Belgium, Brazil, Central America, Chile, France, Ireland, Italy, Mexico, Spain, Switzerland, The Netherlands, and the United Arab Emirates. FedEx revenues globally tally to about $24,600 in millions. There are many reasons why this company is ranked so high among all multinational companies and it is because they take advantage of many opportunities that are presented to them. Some of the advantages of being multinational for FedEx factors such as reaching their customers where they are located. Sometimes being multinational can mean that you are in the majority of your
Cited: Gil, B. (2011, August 23). Top 25 multinational companies. Retrieved from http://www.businessinsider.com/the-25-best-multinational-companies-2011-10?op=1 Nolan, M. (2010, Septemeber 30). Multinational markets. Retrieved from http://www.legalfrontiers.ca/2010/10/multinational-corporations-international-trade-and-morality-“do-no-evil”/