Question: Strategic planning in multinational setting is coordinated between the corporate centre and business units. Multinational companies (MNCs) normally have many businesses. For instance, Siemens, one
Strategic planning in multinational setting is coordinated between the corporate centre and business units. Multinational companies (MNCs) normally have many businesses. For instance, Siemens, one of the notable MNCs headquartered in Germany, operates through ten divisions and 40 business units in 190 countries throughout the world. In line with the layers of MNCs above: You are required to: i) Use any multinational company of your choice and distinguish between the composition of corporate headquarters, divisional unit, and a strategic business unit. ii) Using a well labelled grid explain the differences in strategic issues that will dominate each layer of a multinational company when it starts to design and execute a strategic plan. Among the issues to draw on include, but are not limited to strategy, growth aspirations, financial plans, coordination, and control
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