1. Is ArcelorMittal a stateless corporation or a MNE? Where is its home country? 2. What is...

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1. Is ArcelorMittal a “stateless” corporation or a MNE? Where is its home country?

2. What is Mittal Steel’s core competency, and what was its strategic motive for global business?


ArcelorMittal is the world’s largest steel company. It had 232,250 employees working in 60 countries in 2013. Its registered headquarters is located in Luxembourg, its operational and financial headquarters are in London, and marketing and distribution centers are worldwide.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Introduction to Global Business Understanding the International Environment & Global Business Functi

ISBN: 978-1305501188

2nd edition

Authors: Julian Gaspar, James Kolari, Richard Hise, Leonard Bierman, L. Smith, Antonio Arreola Risa

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