Acting under a charter sanctioned by the Dutch government, the Dutch East India Company defeated Portuguese forces and established itself in the Moluccan Islands in order to profit from the European demand for spices. Investors in the VOC were issued paper certificates as proof of share ownership, and were able to trade their shares on the original Amsterdam Stock Exchange. Shareholders were also explicitly granted limited liability in the company's royal charter.
Multinational corporations MNCs Essay: This website is used to make it more easily to see by visitors and enables them to look benefits that earned by multinational corporations.
Not to mention, by having own website can attract visitors to invest in MNC around the world. If MNC do not have their own website, this multinational company may be exposed to face abuse, fraud and uncertainty if it does not have a personal website to update their own company data that may be useful or can be a source of reference to visitors who visit their website.
The difference of time and distance between one branches to another branch in multinational companies lead to some problem issues whereby they need to understand the differences between cultures, perception, norm and language. Nowadays, exploitation endemic always happened.
The stranger can manipulate the data information, financial data and management of companies that can give benefits to them. In addition, the lack of communication between branches can also cause some multinational companies been left out and had to rely on local management to resolve the problems that they encountered in the MNC.
One Multinational corporations essays the abuses of internet technology today is cybercrime.
There are various categories of cybercrime which has been detected today. This cybercrime is usually done by internet users to fraud, damage or modifies the program or information data in computer, private information theft, unauthorized access to its systems; software unauthorized copying, espionage, pornography, hackers, viruses and email spam.
The emergence of the internet as a communication tool promises a medium-to-date with full of information dissemination. However, no one can control the information in cyberspace; millions of websites have been switched on.
Miscellaneous information whether true or falseidea, ideology, propaganda and there are also disseminated pornography through the Internet. Admittedly, Internet act as a communication tool capability far beyond the means of communication that exist now. Internet technology allows a misuse of information and different types of services provided.
However, most people believe that online scams applies only to individuals and careless of personal information that they believe can visit the official website without any doubt.
To tell the truth, all of it instead of exclusive rights for any aggression, manipulation and deception can be done by those who are malicious. Legal and official website is at risk and can pose a threat to visitors without they realize it.
In this case, effective control can be done by formulating the design of the structure of multinational companies. The structure is divided into four of multinational structure which is functional structure, product structure, structure by region and matrix structure.
For one thing, functional structures suitable for multinational companies who is producing similar goods or in small quantities and do not have many branches.
The advantage of functional structure is can improve the efficiency and management expertise in specific areas if done repetitions. Thus, productivity can be improved soon. Besides that, facilitates training in which managers only need to be responsible for a specific part dedicated to only one functional.
This functional structures can also reduce duplication of resources for instance sharing production machinery parts for all types of products that produced. Hence, firms can save costs.
In addition, the functional problem can be solved faster and efficiently. In other words, collaboration and consultation can be done effectively in order to find solutions for all levels of staff that have the same skill specialization.PricewaterhouseCoopers SWOT Analysis - Overview SWOT analysis is a necessary tool for business that allows corporations to analyze where their strengths, weaknesses, opportunities and threats lie.
May 30, · Multinational Corporations have been seen as the drivers of the global economy. Many believe that the multinational corporation is a new phenomenon. However, multinational co-operations have existed since the seventeenth century.
For example, The Dutch East Company was established in . Different writers are motivated by different things in their writing. In most cases life experiences, witnesses and exposure acts as a driver that urges one to enlighten the rest of . A corporation is a company or a group of people or an organization authorized to act as a single entity (legally a person) and recognized as such in mtb15.com incorporated entities were established by charter (i.e.
by an ad hoc act granted by a monarch or passed by a parliament or legislature).
Most jurisdictions now allow the creation of new corporations through registration. The Dutch East India Company (Dutch: Vereenigde Oostindische Compagnie; VOC) was an early megacorporation, founded by a government-directed amalgamation of several rival Dutch trading companies (the so-called voorcompagnieën or pre-companies) in the early 17th century.
It was originally established, on 20 March , as a chartered company to trade with India and Indianized Southeast . Multinational Corporations no doubt, carryout business with the ultimate object of profit making like any other domestic company.
According to ILO report "for some, the multinational companies are an invaluable dynamic force and instrument for wider distribution of capital, technology and employment; for others they are monsters which our present institutions, national or international, cannot.