In modern society, it is evident that the globalization of business planetary has had an effect on production possibilities. Globalization can fall in a very positive outcome on exploitation countries, and can be seen as first world nations contribute a helping hand to economically suffering countries. However, companies that thrive to a multinational level have been accused of exploiting disgrace income nations. North America is so advanced economically, that companies have been commensurate to understand how to capitalize on international business opportunities. The bill of fare of directors of multinational corporations have power and control when deciding how to maximize business bring ins. One consequence of the global economy is that a small total of businesses, operating internationally, now control a vast share of the worlds economic activity. accord to one and only(a) estimate, the six hundred largest multinational companies account for one half of the worlds economic output (Kidron & Segal, 1991). It has been turn up advantageous for companies to network with one another to maximize lolly and benefits. A companys board of directors is elected by and responsible to shareholders, but also stakeholders in the company, such as its employees and business associates.

The board monitors the performance of the CEO and higher-ranking management to ensure shareholders interests are being served. The board must(prenominal) confirm that the CEO is providing effective leadership for the company twain long and short term. As a CEO of a company that is constantly being evaluated by the companys board, one must prove that his/her greatest concern is for the profit of the companys shareholders. This implies that the CEO would do whatever he/she could do in order to maximize profitability. One course for this, is a global market structure. Globalization can be an issue for any company with a large number of employees and breadth of countries in which they work. The global industry trend to relocate...

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