International Business in Emerging Markets Essay

International Business in Emerging Markets - Essay Example The managers need to be accountable for their tasks and undertakings since they have to find the middle ground between what is deemed as right and what cannot be termed as unacceptable on their part right from the very beginning, as far as the operational stance of the MNCs are concerned. The managers therefore have a big responsibility to take care of because they need to be accountable for all their actions and tasks, and without their proper input, it would be a difficult process to make sure that these MNCs remain proactively consistent within their respective working domains. This paper studies how managers have been able to showcase their own selves towards the mission and vision of the multinational companies and how the same has been drafted in the wake of the strategic shifts and organizational structures whilst dealing with the different governments and companies within the emerging market zones. The need is to define how the governments and the companies within the emergin g markets basically come in close association with one another. When one understands the due role of the MNCs doing their bit within the emerging countries, then only the liaised role of the governments and the companies can be deciphered in an easy going manner (Henisz, 2009). Otherwise there could be serious issues in the wake of such MNC operations spread in the underdeveloped countries and other emerging markets all around the world. The governments and the companies within such emerging markets are always finding one or the other reason to be assured that they are doing something worthwhile for the locals since these MNCs have vested interests, as is known within the relevant business circles. What is significant to note is the fact that these MNCs have to manifest their due role through proper guidance and coordination with the relevant publics so that there is no missing link within the prevalent scenarios which have come about. The MNCs need to recognize where they can go wr ong and what corrective steps, if any can be taken on their part from time to time. However, this does not mean that the governments and the companies under scrutiny within the emerging markets do not have any role: they are equally accountable for what kind of steps that they enact so that the MNCs do not find any difficulty in conducting their relevant business operations and go ahead with the changing business practices which are applicable all over the world. The MNCs therefore need to pinpoint where their managers have to play an active role and what the implications of these managers would be towards the end goals and objectives of the MNCs. If these managers know that they are doing something worthwhile for the sake of the organization, it will be manifested through the actions and behaviors of the managers but if the MNCs have not yet dictated policies and regulations to deal with the changes that keep on happening amongst different countries in terms of their governments an d other industrial settings, then this would mean that a lot of work needs to be done, and which should be accounted for within the relevant mix of things. However it is always a good starting point for