Weinshall, Theodore D.
July 1975
Management International Review;1975, Vol. 15 Issue 4/5, p67
The article presents information related to multinational corporations. Multinational corporations are concrete and definable. Their advent in the middle of the 20th century is inevitable and that they are here to stay, encompassing more and more of the industrial and business activities of the world. The dominant fact is that the multinational corporations are taking over some of the basic roles traditionally regarded as the province of the nation states. They move technology, capital, know-how and more advanced standards of living from the developed to the developing areas of the world, helping bridge existing economic gaps. They carry with them the most advanced managerial concepts and techniques and include less advanced nation states, through their mere presence, to change their cultural environments. The multinational corporations, searching for environments in which they could find new and more suitable labor, trade unions, customers, suppliers, governments, are attracted to the poorer countries of the world, cutting across borders and tariff barriers.


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