Multinationsl Enterprise's Essay Example | Topics and Well Written Essays - 3500 words

Multinationsl Enterprise's - Essay Example This would mean that multinationals have to invest in not only a change in strategy over a period of time but also carry out related activities like proper methods of hiring, removing inefficient employees, investing a little more on the units which are ready to default as well as strengthen the cash cow strategic unit of the company, all the same. Multinational institutions around the world have devised similar strategies so that they can cope up with the ever-rising pressure that they face from their direct as well as the indirect competitors. The direct competitors could be in the form of the partners who are strategically or at times tactically coming up with their customer-tailored products whilst being on the same end of some other strategic unit with the said multinational. The same has been seen as quite an ‘in’ thing in the business world of present times and all said and done it will continue to be the same for a number of years to come. [Jones, 2002] The change in the organizations’ strategies as well as structures guarantee that the company is present and willing to do more than just provide products and services to the end consumers. It wants to make the people realize that the company is there and wants to do its very best by tailoring its strategies in such a manner that can only benefit them nonetheless. After all, a company or an organization without the target people is nothing more than an office set up with employees and employers working for no one, at the end of the day. Also the fact that organizations need to evolve over a period of time is testimony enough for them to grow within themselves and thus adopt and hold on to a new path altogether, one that will be their torchbearer as well as reap rich dividends for them not only in the present times but also in the future. These strategies are so much in alignment with the future goals and tactical perspectives that they fulfill what is really expected of them, both in terms of short