Multinational Organizations: Meaning Business through Smartness and Change

Abstract

Organizations are the product of common understandings and shared interpretations of acceptable norms of collective activity. With time as it gets flooded with norms, values and meanings drawn from a broader social context as it transcends into the world of tradition, knowledge, authority institutions, opportunism, entrepreneurship, legitimacy and shared responsibility. Structures, Processes and boundaries are the manifestations of changing circumstances.