Research Paper on a selected Multinational Company and it's foreign Essay

Research Paper on a selected Multinational Company and it's foreign Direct Investment - Essay Example The companies making direct investments have ample control and influence over the company in which the investment is made. Countries foster open economies in order to utilize the resource of skilled workforce and explore growth prospects by attracting foreign investors, so FDI becomes an obvious choice for developing countries for economic growth and development (Gilroy, Gries, & Naudà ©, 2004, p. 50-55). According to International Monetary Fund (IMF), FDI facilitates companies to make investments with the expectation of establishing lasting relationships with the target countries. FDI was considered to be one of the major drivers of continuous growth and globalization, before the financial crisis. However, as revealed by UNCTAD in the World Investment Report of 2009, about 85 percent of the Transnational Corporations got affected by financial crisis in 2008-09. USA tops the list of FDI inflow, but many other countries have joined this list (Breitfeld, 2010, p. 1). Nowadays, we stay in one global country. This is said because there are trade and commerce taking place among all the countries. People staying in any country can make use products of different countries. From this very concept the term global marketing has come up. Now, when we say that the world has become one market, we can also say that the economies of individual countries also affect the global economy, especially the international trade. There is a lot of capital involved in international trade and commerce. Products and services costing billions of money are traded everyday among nations in the world market. So the price of currency exchange and fluctuations also significantly affect the profit and income of the marketers (Baker, Epstein, & Pollin, 1998, p. 117-120). Multinational corporations (MNCs) and FDI are complex expression that illustrates two separate but correlated concept. The MNCs or multinational enterprises (MNEs) manage their production, organization, and deliver

James Mill Research Paper Example | Topics and Well Written Essays - 3000 words

James Mill - Research Paper Example Understanding Mill's advocacy of commerce as a response to the specific conditions of nineteenth-century Britain underscores important aspects of his work that are often overlooked. Mill's assessment of the social benefits of the market is considerably more cautious and skeptical than is often understood in "economic" interpretations of his utilitarianism. He is often mistaken for a theorist who thought that social sentiments were irrelevant to human happiness. Mill negatively assessed social sentiments because in this context the predominant social sentiments were aimed at maintaining deference to ascribed social status. He also believed that if social sentiments were egalitarian, they contributed positively to human happiness. Indeed, what is most often overlooked is that Mill was critical of an excessive preoccupation with interests. He believed that the esteem of others was a critical part of human happiness and that it was undesirable to pursue interests to the exception of cult ivating affective ties. From a contemporary perspective, it is important to understand that Mill's theory in favor of the market had a specific historical reference to the conditions of nineteenth-century Europe. For that reason, his theory does not provide a normative basis for economic liberalization today in any straightforward way. We ought to understand the early history of capitalism as a specific ideological response to the shortcomings of traditional societies-not just in economics but in basic social and political values.... He is often mistaken for a theorist who thought that social sentiments were irrelevant to human happiness. Mill negatively assessed social sentiments because in his context the predominant social sentiments were aimed at maintaining deference to ascribed social status. He also believed that if social sentiments were egalitarian, they contributed positively to human happiness. Indeed, what is most often overlooked is that Mill was critical of an excessive preoccupation with interests. He believed that the esteem of others was a critical part of human happiness, and that it was undesirable to pursue interests to the exception of cultivating affective ties. From a contemporary perspective, it is important to understand that Mill's theory in favor of the market had a specific historical reference to the conditions of nineteenth-century Europe. For that reason, his theory does not provide a normative basis for economic liberalization today in any straightforward way. We ought to understan d the early history of capitalism as a specific ideological response to the shortcomings of traditional societies-not just in economics, but in basic social and political values. Commerce was recommended by early nineteenth century utilitarians as a means for bringing about conditions in which a transition to liberal democracy could be realized. Market society's focus on economic interests would increase the expectations of the traditionally poor majority. The legitimacy of the disproportionate material benefits enjoyed by the traditional oligarchy would wane. This would erode the hierarchical social sentiments that supported the power of the oligarchy. This created the historical possibility of reforming social sentiments in an