What is the relationship between the economy and globalization? CHENYUNLIN

 summarize


 As an important part of the global economy, multinational corporations show their influence with their huge scale and wide geographical distribution. Their main motivation for entering transnational activities is to pursue market expansion, resource integration and cost optimization. In this process, multinational companies achieve global resource integration and production collaboration by establishing complex geographic embedment networks, including production bases, supply chains and sales networks. These interwoven networks form a huge "enterprise network". However, the power relationships between TNCS and other players in the global economy are also complex, and they establish interdependent and evolving power interactions with governments, international organizations, suppliers, and consumers by controlling resources, setting rules, and influencing markets.

Interesting point

 For example, the geographic embeddedness of multinational corporations. Imagine a company with a global network of production sites, supply chains, and sales that are interconnected and intertwined to form a complex structure. This geographic embeddedness makes companies both interdependent and interdependent on each other on a global scale, like weaving an intricate web on the global stage. How these companies operate under different cultural, legal and economic systems, and how they balance their interests across countries, is fascinating.

Discuss


 How do multinational companies cope with the diversity of cultural differences, legal systems and market needs in the age of globalization? What challenges and opportunities does this diversity bring to business management?


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