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Meesh1234 Meesh1234
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5 years ago
What are challenges managers face with the controlling function when managing across multiple countries?
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wrote...
5 years ago
 Just like with domestic corporations, managers in multinational corporations must ensure standards are set, performance is measured and compared to the standards, and corrective action is taken if necessary. Additionally, control in terms of labor costs, product quality, and inventory is important to organizational success regardless of whether the organization is domestic or international.
Control within international organizations does involve complexities, including different currencies and the measuring of profits, geographic separations between the various locations of the firm and thus the difficulty in keeping an eye on activities at all of the locations.
Meesh1234 Author
wrote...
5 years ago
Electric Light Bulb Correct, thanks!
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