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What is Evolution of Multinational Corporations about?

The document discusses the evolution of multinational corporations from ethnocentric to polycentric to geocentric attitudes. Ethnocentrism involves headquarters heavily controlling foreign subsidiaries. Polycentrism gives local subsidiaries more autonomy with headquarters controlling finances. Geocentrism forms a collaborative global network between headquarters and subsidiaries to make unified decisions. While the ideal evolution is towards geocentrism, many obstacles like economic gaps and cultural differ

Author

KyungRyul Park

Language

EN