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What are the advantages/disadvantages of working in a multinational corporation with thousands of employees?

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Question added by Deleted user
Date Posted: 2014/09/29

simply , The advantages are Increase more knowledge and experience, achieve high salary , become part of a large diaspora , You have time to reflect ,lots of perks

 

Disadvantages : disparity of income, Biased government policies , Organizational Culture Obstacles.

Bassam AL - Mujamami
by Bassam AL - Mujamami , مدير الموارد البشرية والشئون الإدارية , Bin Mariee Group

Enjoy multinational companies, which is one of the most important features of the phenomenon of globalization or economic system contemporary with many of the qualities and characteristics that distinguish them and determined its role and its impact on the global economic system, and the most important of these qualities:1 enormity Size: characterized by these companies enormity of their size and represent economic entities giant, and indicators that indicate this, the volume of capital investments and the size and diversity of its production and sales figures and revenues generated by, and marketing networks owned by, and the volume of spending on research and development, as well as their organizational structures and efficient management. But the most important measure of practice to express the characteristic magnitude of these economic entities giant, concentrated in the private number scale sales Sales Figure, or so-called "turnover." Also uses the size of the revenue for the same goal, according to this measure occupied the Mitsubishi Corporation, with total revenues, which reached184.4 billion dollars, the first rank among the top five hundred multinational company in1995, which brings the total revenue to about44% of global GDP . These companies also holds about80% of the volume of sales on a global level. That the activity of multinational companies achieved high growth rates exceeded10% per year, or about twice the rate of growth in the global economy and world trade growth.2 increasing the degree of diversity of activities: Indicates a lot of studies and research, to the multinational companies are characterized by great diversity in their activities, Its policy of productivity based on the existence of diverse products multiple, due this diversity to the desire of senior management to reduce the likelihood of loss, in terms of if they lost in the Activity could profit from other activities. These companies have been substituting savings field activity Economies of Scope shop and economies of scale Economies of Scale and pursued by major companies after World War II. As a result, diverge activities carried out by multinational companies sectorally and geographically n and this consequently leads to the achievement of horizontal and vertical integration.3 geographical spread - Markets: of discrimination that are characterized by transnational corporations is the large area covered by the market and its geographical reach, outside the mother country, with its huge potential in marketing, and branches and subsidiaries around the world. This has helped spread the enormous technological advances, especially in the field of information and communication. It is sufficient to note that the Swiss company ABB, now controls more than1,300 subsidiaries scattered in most parts of the world, knowing that the Swiss market does not absorb only a small percentage of the very company's total sales. Has helped all creations of scientific and technological revolution in the fields of information and communications, where he became a so-called remote production Teleportation where senior management and research and development divisions and marketing department in a particular country, and issued orders to production in other countries.4 the ability to transform production and investment in the world: that this property is due to the fact that these companies are characterized its activity in the wide world of investment, as well as being a giant entities diversified operations dominated the horizontal and vertical integration. Although the magnitude of international investments undertaken by multinational companies, more than two-thirds of its investments are concentrated in the United States and the European Union countries (England, Germany and France), Switzerland, Japan, and back this concentration to the following factors: - attractive climate for these kinds of investments, - high return on investment - increasing the competitiveness of the host countries and achieved usually through the lower cost of the work element and availability and the high level of education and skills and productivity, - the availability of infrastructure, transport facilities and provide communications networks, - and the absorptive capacity of the national economy.5 establish strategic alliances: It is one of the important features of the multinational companies, which always seeks to establish strategic alliances with each other and in order to achieve their common economic interests and enhance their competitiveness and marketing. These alliances are the result of intense competition, which has become an essential feature for open markets and the revolution in communications and information. That strategic alliances between companies of similar done in similar industries more, and sometimes this takes our coalition form merger, and this clearly shows in the field of research and development, including needs to finance a huge, and examples of this cooperation, concentration of the European Research Computer and information and communication involving Three major European companies producing computers, namely Paul and French Bull TCL Smenz British and German, has also become a strategic alliance to subsidiaries, joint, multinational corporations. All this represents formulas for cooperation to achieve the strategic objectives of each company multinational intervention in the strategic alliance to be agreed upon.6 advantages of monopoly: Enjoy multinational companies a range of benefits monopolistic, and returns this attribute to the structure of the market in which it operates these companies, takes the form of market oligopoly for the most part, and the most important factors of its inception, the enjoyment of the group of companies consisting of its monopoly of modern technology and technical skills and administrative highly qualified and specialized. This situation allows multinational companies the opportunity to increase their competitiveness and thus maximize their profits and revenues. Determined monopolistic advantages in four areas of finance, administration, technology, and marketing. And derive benefits from the availability of financing resources of large multinational company has, and enable them to borrow the best conditions of the global financial markets because of the element of trust in the integrity and the strength of its financial position. The administrative advantages in the presence of the organizational structure, which is the highest level of efficiency, and allows the flow of information and the speed of communications, and thus lead to take the right decision at the right time. The availability of benefits management allows these companies to discrimination and superiority, so keen on the existence of specialized units and capable in the areas of training, consulting and research management. And get companies on the technical advantages, through technological development continuing to respond to the demands of the market, and limit the entry of new competitors and report their monopoly, so keen these companies to innovate and improve productivity, develop and increase and achieve a high level of quality. Comes the marketing advantages for companies transnational corporations through distribution networks and marketing, which is working to provide products in good condition in a timely manner. These companies are interested in market research and focus on methods of promoting and advertising their products to ensure the continuous and growing demand it.7 mobilizing global savings: that every company from multinational companies look at the world as one market, and then seek to mobilize savings from that market as a whole

Saiful Islam Hiron
by Saiful Islam Hiron , Site HR Manager , Handicap International

Advantages:

1. Global environment.

2. Higher salary & benefits.

3. Comfortable working environment.

4. Strategic focus.

5. Use lates technology

Disadvantages:

1. Loosing job.

2. Loosing own culture.

Abdul Karim Abdul Karim
by Abdul Karim Abdul Karim , Sales Executuve , Al Jazeera Paints

ADVANTAGES1. MNCs result in a significant increase of foreign exchange reserves.2. MNCs assist parent country in building good relations with other countries.3. MNCs assist in the promotion of parent country’s culture and traditionös in other countries. DISADVANTAGES1. MNCs take their profits out of the host countries in Dollars that causes a reduction in foreign reserves for host countries MNCs increase the dependence of the host country on their parent countries that may affect the foreign policy of host countries. MNCs often provide costly services to local consumers as compared to government sector companies or other domestic companies MNCs are not liable to pay taxes in the host countries

Md Mahfujul Bari
by Md Mahfujul Bari , General Manager & Head-Sales & Revenue , Sanmar Properties Limited

Advantage; Have a chance to enjoy a global environment.

Disadvantage: May rise confliction between local culture and respective multinational company's policy .

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