Privatisation - the boom goes on

Article Abstract:

Privatization and economic liberalization present enormous financial opportunities for business enterprises, particularly for multinational corporations, in the context of the global market. Deregulation and contracting out have allowed private businesses to capitalize on more open commercial policies by governments that encourage firms to invest in and manage capital assets once supplied by the administration. The acquisition of such assets presents itself as a direct means of privatization on a global scale for businesses. Multinational corporations have an edge in the international market over other business enterprises because of their inherent global business scope, which allows them to observe economic trends in varying markets and shift their financial strategies to a position that is most advantageous.

International aspects, Privatization, Privatization (Business), Deregulation, Outsourcing

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Multinationals and the world economy

Article Abstract:

Corporate strategy has not been applied to the planning of a global program. Multinational corporations (MNCs) have been short in using new opportunities of horizontal integration thereby decreasing the amount of potential profits. Four corporate strategies can help MNCs: global, global niche, national, and national niche. Global strategies encounter crucial problems of coordination and most MNCs tend to have a national strategy with a global orientation. The use of the new international division of labor can be a major source to increase overall performance and tap new markets on a greater scale with cheaper products.

Research, Management, International economic relations, Planning

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