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Identity 3 multinational corporations. Explain what makes each corporation multinational. Identify 2 or 3 strategies that...

Identity 3 multinational corporations.

Explain what makes each corporation multinational.

Identify 2 or 3 strategies that contribute to the corporation's success.

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Answer #1

Examples of three multinational corporations are Coca Cola, Marriott International and Nestle.

These are multinational corporations as they have their units in more than one country. Their business is controlled from a single corporate centralised office and the company has assets and operations in more than country.

Two or three strategies that contribute to the corporation's success are having economies of scale, low costs of operations in areas where fixed resources are cheap and easily available and diversification of risks with partnership, acquisition and strategic alliances.

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