Outsourcing in multinational companies

Abstract

Multinational companies are the main actors of the liberalization process of production, trade and financial flows in the international conjuncture. Multinational companies are large-scale organizations that have higher gross domestic products and annual trade volumes from many countries in terms of their organizational structure a nd have the capacity to influence governments and international organizations. The fact that multinational companies are monopolistic or oligopolistic in international markets increases their power. They can limit competition by raising the price and profit rates of the markets, making agreements with derivative companies and preventing the entry of new companies into the markets. With the globalization process, the hegemony of multinational companies has become more evident, and their ability to maintain and maintain their current position in terms of sustainability has come to the fore. Particularly, rapid changes and transformations in information technology have made it necessary to benefit more from modern management approaches in businesses. It is seen that multinational companies resort to outsourcing in order to maintain their existence smoothly and strongly in the countries in which they operate. Outsourcing enables multinational companies to save labor and time in the production of products and services by outsourcing other companies to work other than their core-core activities.