Comparative Management

The large-scale emergence of multinational enterprises in the modern world has given rise to a relatively new field of study known as comparative management R. N. Farmer defines it as the study and analysis of management in different environments and the reasons that enterprises show different results in various countries.1 Comparative management may also be defined as identifying, measuring, and interpreting similarities and differences among managers' behavior. techniques, and practices in various countries.2 In fact, comparative management seeks to solve the problems faced by a multinational company which operates in a foreign environment for reasons such as.

(i) to gain a share in a foreign market (ii) to take advantage of economies of scale

(iii) to capitalize on savings gained through fluctuations in the foreign exchange market

(iv) to avoid trade restriction

(v) to take advantage of low cost government loans that encourage foreign investment.