Evaluate Partnership and Alliances, Their Advantages and Disadvantages
Many MNCs face different challenges in different regions of the world; while some confront cultural and social barriers, others confront regulatory constraints.
Therefore, it is of great importance that Multinationals customize their strategies based on the conditions (cultural, political, social, economic, religion, and institutional settings) of the host country to avoid failure in globalization process.
Indeed, the success of partnership and alliances deeply depends on the nature of this understanding and customization of their strategies to the host country.
Write a paper that responds to the following questions:
• What are the most important challenges that MNCs face in different regions?
• What strategies should Multinationals adopt when dealing with economic, social, institutional, organizational, and regulatory constraints in the host countries?
• Assess partnerships, and alliances and their benefits for MNCs. How alliances may affect competitiveness and synergy of Multinationals in the future?