Prerequisites for internationalization of multinational corporations

The conditions for an enterprise to operate internationally are (1). In terms of business thinking, we should strengthen the awareness of international business, and have the concepts of international products, markets, competition and comparative interests. (2) In terms of business objectives, seek to maximize profits in the international market and earn as much foreign exchange as possible.

(3) In terms of operational risks, we can directly face the international market and bear the risks of international competition. (4) In terms of operating mechanism, establish decision-making mechanism, R&D mechanism, interest mechanism, self-accumulation, self-adjustment mechanism and internal management mechanism that are in line with international market competition and international practice.

(5) In terms of business organization, it has changed from inward-looking decentralized management to outward-looking group management. (6) In terms of business strategy, it has changed from domestic market orientation to international market orientation.

(7) In terms of enterprise management talents, cultivate and select talents suitable for international operation.