Q1. Discuss the reason why multinational companies would need to send managers on overseas assignments?
Recent years, it has become more and more common for company especially multinational companies sending their employees abroad. The reasons will be shown in the following.
First, International experience is broadly recognized as a vital asset to top management teams of multinational corporations; Because of the globalization, the business has become more and more related between each country, the international experience has become a basic requirement for a manager in a multinational company.
Second, they can build an institutional architecture that transfers country-specific learning to organizational memory. The key factor for a successful multinational company is how they mix the different cultures in one company, so sending managers abroad is the best way for the employees to adapt different culture.
Thirdly, they can also provide technical and managerial skills that may not be immediately available at the local level. When sending the managers from developed country to a developing, he might also bring some advanced knowledge of management and some professional technical skills which can help the local company to grow faster.
Sometimes it also used to ease temporary staffing needs; as we all know that the shortage of talented manager has become a very serious problem both in developed and developing countries. Sending managers to the county which is lack of supervisor can release the burden of the shortage.
Last but not least, they are also valuable as mechanisms for corporate control in vital markets. Because of the booming economy in developing country, more and more international companies tend to occupy such a big market, sending some manage ...