Paper Topic:

Economics

Running Head : U .S . Multinational Firms

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Abstract

Multinational firm 's in the U .S . make a great contribution to global economic development . They also contribute to the growth of economy in the mother country . When Multinational companies carry out business within foreign nations they transact with different currencies some of which may be the national currency for that particular country . It is worth noting that these currency has to be translated to an acceptable standard denomination for Multinational companies in the U .S . the

IBM firm (International Business Machines ) is one such firms that operate in more than fifty nations of the world making over 60 of its sales to the international market . This text will focus on detailed description of IBM firm 's operations in the international market

U .S . Multinational Firms

The world business trend is the growth and development of global corporations . The world today has become a global village due to globalization which allows most businesses to operate at multinational level . This entails opening up branches in many parts of a given trade region . For instance , business companies such as the Coca Cola Company Honda investments , the International Business machines (IBM , the Apple Inc , the Toyota , among others are well known multinational companies These companies make large profits by operating in different countries all over the world (Grimwade , 2000 . These companies have manufacturing plants at different locations and various sellout points all over the world

Globalization is fueled by the majority of...

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