Tag: MNCs

silver samsung galaxy smartphone on top of brown wooden table

Budgeting and Planning in Multinational Organizations: A Case Study of Samsung

by meziesblog.com, posted in Articles, Xtraz

1.1 The Budgeting Process Budgeting is an aspect of business planning. It simply means the descriptive and comprehensive roadmap for implementing strategic, short- or long-term financial and non-financial plan that controls and sustains business activities thereby facilitating actualization of overall business objectives. Although planning aims at improving profitability, budgeting emphasizes S.M.A.R.T. (i.e., Specific, Measurable Attainable, … Continue reading Budgeting and Planning in Multinational Organizations: A Case Study of Samsung

quote box ontop of stack of paper bills

Bahrain increases corporate tax for MNCs by 15%

by meziesblog.com, posted in Uncategorized

Bahrain announced on Sunday a new 15 percent domestic minimum top-up tax for large multinational companies. The tax, which aligns with Organization for Economic Co-operation and Development (OECD) guidelines, will be effective from January 1 next year, the Bahrain News Agency reported. It will apply to multinational enterprises with global revenues exceeding 750 million euros … Continue reading Bahrain increases corporate tax for MNCs by 15%

Global Management: CSR and Business Ethics in Action

by meziesblog.com, posted in Articles

Photo by Pixabay on Pexels.com Governments seek to encourage FDI for a variety of reasons. On occasion, though, the process can cross the lines of ethics and legality. In November 2010, seven global companies paid the US Justice Department “a combined $236 million in fines to settle allegations that they or their contractors bribed foreign … Continue reading Global Management: CSR and Business Ethics in Action

What MNCs are saying about ship attacks in the Red Sea

by meziesblog.com, posted in Uncategorized

As we reported earlier, attacks on vessels by Iranian-backed Houthi rebels in Yemen have disrupted international shipping through the Red Sea.  The US and the UK retaliated to the Houthis by carrying out strikes in Yemen at the end of last week.  The route accounts for about 15% of the world's shipping traffic, but with … Continue reading What MNCs are saying about ship attacks in the Red Sea