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| Author: | Bassiry, G. R. |
| Title: | Multinational corporations in less developed countries: an alternative strategy |
| Journal: | Human Systems Management
1991 : VOL. 10:1, p. 61-69 |
| Index terms: | MULTINATIONAL COMPANIES DEVELOPING COUNTRIES INTERNATIONAL BUSINESS INTERNATIONALIZATION CULTURE POLITICS |
| Language: | eng |
| Abstract: | In a world characterized by increasing transnationalization of business, the multinational corporations (MNCs) are destined to play a central role in global economic integration. By focusing on the dynamic trilateral relationship between MNCs, home and host countries, certain aspects of MNC operations in less developed countries (LDCs) are critically explored. An alternative strategy aimed at the achievement of long-term stability in MNC-LDC relations is proposed. The dimensions of MNCs' impact are documented through case studies based on income distribution data, the analysis of political events and consumption patterns. MNCs should display requisite cultural sensitivity and social responsibility. |
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