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Global corporations are typically large companies that work worldwide, operating and selling their products and services in multiple countries, and often in many different cultures and languages. They may be a conglomeration of multiple companies and subsidiaries.
Strategy
Global corporations often attempt to build products and services that can be sold in multiple markets and that reach a high volume of customers.
Growth
Small, domestic companies may grow into global corporations through expanding their operations slowly, but more often they expand in quick bursts by acquiring companies in other countries.
Regulation
Because they must operate in countries with drastically different or even conflicting laws and regulations, global corporations focus on producing to the highest standard in the world. That way they need only make one product, which can be legally sold almost everywhere.
Structure
Most global corporations have a defined organizational structure that works throughout the world. Within that structure they may allow employees a great deal of flexibility to deal with changing conditions.
Finance
Due to the necessity of working in multiple currencies, global corporations are often particularly financially sophisticated.
Source:
Global Edge Business Review: Running a Global Corporation; Thomas Hult
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