Multinational Corporation Subsidiaries Essay Example | Topics and Well Written Essays - 2250 words

Multinational Corporation Subsidiaries - Essay Example The paper tells that the critical role that culture takes in global organizations need to be closely examined especially in American firms where globalization proliferates. The growing importance of national and world trade creates the need to understand the cultural diversities in different regions and countries. The saying that organizations need to plan globally, think rationally, and act locally is very apropos in many ways and more so in relation to cultural differences. One of the most famous MNCs globally is Coca-Cola, operating for already 125 years. According to its official website, there are approximately 139,600 worldwide employees of Coca-Cola that operates in more than 200 countries around the world. The operating groups of the Coca-Cola are indicated as Eurasia & Africa Group, Europe Group, Latin America Group, North America Group, Pacific Group, Bottling Investments Group, McDonald's Division. For the chosen potential countries to transfer, Coca-Cola has likewise been identified to operate both in India and in the Philippines, with additional details in the paper. When selecting career opportunities, usually the official website would forward search opportunities to the Pacific region where there are currently 297 job openings announced. Under the Pacific group, the site explicitly states that â€Å"The Coca-Cola Pacific Group includes a diverse group of rapidly developing markets such as China, the Philippines, Thailand, Indonesia, Vietnam and other Southeast Asian nations†. In terms of political and economic conditions in India, the EDC provided the following general outlook. The present political scene in India is quite exceptional due to the relatively strong position of the ruling Congress-led UPA coalition; the governing coalition continues to maintain its majority in parliament. At the same time, the government’s standing among voters has been somewhat tarnished due to some very high profile corruption cases. The Government is likely to refrain from pursuing unpopular reforms throughout much of 2011 due to upcoming state assembly elections. The security environment is dominated by the threats posed by the Islamic militants and Naxalite insurgent activities. Market Spotlight: GDP growth remained slowed to 8.2% y/y in Q4, largely as a result of the slowdown in government spending and private investment. The pace of import growth has slowed markedly in recent months, in line with weaker industrial activity.