Multinational Companies Essay Example | Topics and Well Written Essays - 500 words

Multinational Companies - Essay Example The two companies equally believe in being socially, ethically as well as environmentally responsible and accept their duty towards the society, making every effort on their part, to come up with safe products which contribute towards creating prosperity and opportunity for the global citizens. It is not unusual to find out that customers are considered to be the most valued stakeholder by both the companies. Samsung as well as GE strive to deliver first-rate products and services to their customers, while focusing on integrity and excellence simultaneously. Another vital similarity that exists between the companies is with regard to innovation and change. Samsung, with its innovative products ranging from camcorders to refrigerators, considers innovation to be extremely critical for a company’s survival in today’s fast-paced world. On the other hand, GE too, with its vast array of innovations in light bulbs to aircraft engines, has always believed in innovation to be a major factor for a company’s growth.   Ã‚  Ã‚  Ã‚  Ã‚   Apart from the similarities, there exist certain definite differences between the two Multinational Corporations. Though both the companies believe in workforce diversity and in hiring the best talent from across the world, GE is more all-encompassing in its view on diversity. GE not only believes in diversity on the basis of nationalities but it also considers diversity on the basis of class, gender, race and community as equally important. As stated in (GE, 2012), GE commits itself to support the Gay, Lesbian.