CRITIQUES 2
Global Business Environment
- The essay on the global business environment requires the writer to exhaustively discuss the sources of bargaining power to states and multinational corporations (MNC). The factors that affect a state’s ability to bargain effectively with MNC, how these bargaining powers vary over time, and the constraints faced by countries in their bargaining relationship with multinationals. A brief history of these bargaining powers from 1945 that is well supported by relevant theories is required for the writer to secure good marks.
- The writer of this essay in the introduction paragraph states the things that have been done by governments and MNCs, which not required in the article. Instead of including this information in the introduction paragraph, the writer should have given a brief history of the bargaining powers of sates and MNCs while explaining the significant key terms that are used in the essay. This would have helped in developing the contents of the main body of the article as well as giving it a good structure.
- “Increasingly, more multilateral organizations are being set up to establish the conditionality and incentives to enhance their protection and bargaining leverage” are the words of the writer in the second paragraph of the introduction. This statement contradicts the expectations of the reader. The examiner requires the writer to explain the causes of the increase of MNCs in a particular state to the bargaining power resources in the states but not change in bargaining powers due to the rise in the number of MNC who have already settled in a particular country.
- The arrangement of the subtitles in the essay should have been done to easily identify paragraphs that address a certain area of the question. In this case, the writer seems to have mixed the concepts required by the question under subheadings that are not relevant in the question, which gives the reader a hard time locating them. The writer of this essay discusses the bargaining models that are applied by states in their relationships with MNCs but does not include the strategies employed by MNCs.
- The history of bargaining powers of sates and MNC is not discussed, which would have contributed to the development of the constraints faced by states in their relationships with multinationals as well as the changes of these powers in the current global business environment. Omitting these critical areas required in the essay reduces the marks awarded to the learner according to the rubric.
- The main contents of a conclusion in an essay are to summarize the primary findings in the essay. In this case, the writer seems to have introduced new concepts in the conclusion part, which is wrong and fails to give the reader the reasons behind which the subtitle of conclusion was added in the essay.