Multinational corporations (MNCs) operate production and marketing in multiple countries, leveraging international management practices influenced by cultural and national factors. They benefit from reduced unit costs, expanded markets, and lower labor costs while impacting local competition and development. Current management trends include globalization, corporate social responsibility, green management, business ecosystems, and increased career mobility.

2.  A MNC is defined as “an enterprise which
control production outside the countries in
which they are based”
 Modern industries are moving towards
international because of globalisation
 MNC are companies that manufacture and
market products in several countries

3.  Typically, a MNC operates a number of
companies abroad and market product
through a large network
 The management of MNC adopts the
international management
 International management involves
conducting business and industrial
organisation in foreign countries and it
affected by cultural and national influences

4.  The MNC is reduction of unit costs through
producing more units
 MNC the parent companies and its foreign
affiliates act in close alliance and co-
operation with one another
 The MNC top manager regards the entire
world as the relevant frame of reference for
making products

5.  MNC can promote quality products at lower
cost . It is most benefit to the customers
 MNC helps to expand the markets. MNC has
to access to much larger market for their
product
 MNC leads to a increase in production
exports and imports for their required
inputs
 MNC provides lower labour costs due to
their advancement in their technology

6.  Competition from MNC affects the local
companies
 MNC discourages competition among their
subsidiaries
 MNC utilizes local labours with low cost
while obtaining the high profits
 MNC involvement results in lack of
development of local R & D

8.  The current trends in management are
 Globalisation and international
management
 Corporate social responsibilities
 Green management
 Business ecosystem
 Increase in career mobility of
workforce
 Meta leadership

9.  Globalisation means integrating the economy of
a country with world wide economy
 Globalisation business organisation are aimed at
global competition
 A global corporation views the entire world as a
single market and it does not show difference
between domestic and foreign products. There is
only one market as global market
 International management is an aspect of
management that involves conducting business
and industrial operations in foreign countries and
is affected by cultural and national influences

10.  Many corporates now a days turn towards
ethically and it is termed a corporate social
responsibility
 It brings a gap between the ethical behaviour and
profit maximizing behaviour of corporates
 Consumers are ready to pay more for ethically
produced goods than produced unethically
 For a company to be sustainable and profitable it
is necessary to apply the management principles
to solve problems like environment energy and
health care

11.  Green management is otherwise called
environment management (EMS)
 The increased focus on environment is having an
impact on many organisations. Pollution comes
in many forms
 For ex:- Biogases can be instead of burning
carbon based fuels such as gasoline which
contains choloroflorocarbons (CFC) are released
into ozone which causes ozone depletion
 Many companies are now moving towards
products which does not pollute the environment

12.  One of the notable trends in management has
been the rise of business ecosystems
 A business ecosystem is defined as group of
firms which together provide complex
products and related to meet end to end
requirements of consumers across the value
chain
 The integration between media ,
telecommunication and technology firms is
the best example

13.  People at all levels of the organisation such
as machinists, supervisors, engineers and
secretaries enter their career with high levels
of formal education
 Such educated people is expected to make an
increasing number of jobs or career changes
during their lifetime
 As graduating senior may expect to make at
least seven changes in his/her career

14.  Meta-leadership is another management
trend that organisations employ in recent
times
 It is a leadership framework for strategically
linking the efforts of different organisations
or organisational units to provide guidance
direction and momentum across
organisational lines