Foreign Subsidiary Competitiveness: The Key to a Multinational Corporation’s (MNC) Global Growth

Abstract

A multinational corporation (MNC) should have its foreign subsidiaries become more competitive so that it can better compete globally and grow. Managing foreign subsidiary's competitiveness is vital for overall, long-term, and global organizational growth. Strategic global leadership, vision, and culture among the top managers of headquarters and foreign subsidiaries are vital for enabling the subsidiaries to pursue their vision of improved competitiveness. Sustained growth and improved competitiveness in the global organization's multiple country environments then become the means for an MNC's overall strategic enhancement.