Two major approaches to study Multinational Corporation Management. Those two approaches are "Institutional Approach" and " Resources Approach". These two approaches offer a framework for analysis of Global Business Issues. Events that occur throughout the world can have a significant and dynamic impact on the analysis of both these approaches. Given the events that are occurring now in UKRAINE discuss the impacts these events are having on the entire Global Business World and relate how the analysis of these two approaches has been impacted by events in UKRAINE. Discuss both the short term and long-term implications of the events in UKRAINE on International companies, and National Governments.