Structure And Strategic Advantages And Disadvantages Of Global Business Analysis

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GLOBAL BUSINESS ANALYSIS
Dawn M Howarth
Baker College

Global Business Analysis: Structure & Strategic Advantages
This paper offers a global business analysis of ABC Corporation that is a proposed multinational corporation (MNC) in the auto and IT (information technology) sector based in the United States. It looks at issues of business structure approach to be used by the firm for purposes of global expansion and the strategic advantages and disadvantages of the Global Business approach of the company. Also, the paper will review the structure and strategies of other leading MNCs, the Ford Motor Company (FMC), in comparison. It is important to note that the Global Business strategy of MNC is similar to those of other leading MNCs in the global market like McDonald 's, …show more content…

Fundamentally, the company should engage in the practice of International Human Resources Management (IHRM) as a strategic approach over and above technological change management. Undeniably, such results in some advantages for the firm. For instance, diversity at the workplace leads to the formation of stronger teams of workers, with diverse ideas and capabilities of input into the company. Also, other MNCs like Ford and McDonalds engage in such practices that promote globalization of their business approach. Other advantages of the globalization strategy involve the aspect of low cost of business operation, numerous tech-savvy professionals that are well versed in the English language, a 12 hour difference in time from the United States- facilitating provision of 24/7 services, and capability of handling numerous kinds of services from customer support to research and

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