Managment Essay Example | Topics and Well Written Essays - 3000 words

Managment - Essay ExampleThe storm of uprising had comprehensive results across nitrogen Africa. The line of workes of some(prenominal) multinational companies had been majorly simulateed. The political volatility and financial breakdown have affected the global go forth chain. Many European agricultural and textile companies have been defenseless to counter the uprising in the middle East and North African (MENA) countries. The political risk in these countries has led to deteriorating financial condition and unavailability of credit. This scenario has brought forward payment risks for multinational companies which are operating in Middle East and North African region. The instability in MENA has created disruption in the vegetable oil fabrication and boosted the prices of petrochemical products. The risk of disorder in those countries has noxiously affected the supply chain and heartiness production companies (Dun & Bradstreet Limited, 2011). The uprising in Tunisia has i ncreased the business risks. During the protests many business enterprises had shut down their operations. The retailing businesses were affected by raiding and the tourism industry had face up huge losses as travelers escaped from the country. ascribable to the uprising, the standard capacity consumption in the manufacturing industry reduced to 52.9%. Many banks were demoted by rating agencies and the credit access became limited in the global merchandise (Dun & Bradstreet Limited, 2011). Egypt has followed a path similar to Tunisia. In February 2011, a series of revolutions occurred in many countries of Middle East, and Libya was border by aggressive spiral of protests and it led to civil war. Due to the instabilities in Libya, Egypt and Tunisia the prices of oil reacted quite rapidly. It has been observe that further uprising will increase the price of oil even more and it can affect the business and international economy (Dun & Bradstreet Limited, 2011). Impact of Popular U prising on Multinational Companies The impact of familiar uprising has affected the business and investment of many multinational companies. Libya embraces the most oil funds in Africa and it is the 15th biggest crude oil exporter throughout the world. The losses in Libya had quickly absorbed other countries. Due to the problems cogitate to uprising many Western companies had suspended business operations in these countries. For example, BP vacated its employees and stopped the oil production in Libya. The RepsolYPF of Spain suspended the oil production in the year 2011. OMV, which is an Austrian Oil related company, minimized their production due to the zymolysis. Further, the Royal Dutch Shell, Marathon Oil Co., and Wintershall also have started to avoid their workers (Shanghai Daily Publishing House, 2011). Example of BG Group BG Group is one of the leading companies in international energy and power market. It is a UK based company and its operation is spread worldwide. In T unisia, BG Group is the biggest producer of domesticated gas which is accounted for almost 60% of total gas in Tunisia (BG Group plc, 2011). The uprising and civil unrest in MENA have affected the production of BG group. In the first quarter of 2011, the protestors of Tunisia had cordoned the workers of BG Group and stopped the business operations of the company. The company faced uncertainty due to the long lasting crisis of Tunisia and