Question

The world is organized by countries and with globalization the world is organized by multinational organizations. First explain and provide arguments suggesting that countries have the most power and influence; then explain and provide arguments why multinational organizations exercise the most influence and power. Finally, make a decision, which entity has the most influence and control over your situation.

Answer 1

Countries usually have most power of influences largely due to their domination and judiciary powers and strong powers like changes in regulatory environment to meet national economic needs. However they can be restricted by International bodies through sanctions just like how IMF bailed out Greece with austerity measures, how UN imposed sanctions on various smaller nations, etc.

Similarly even large multinational corporations have power of influence due to their strong political connection, media support, sizable market share and customer base, Contingent fear in minds of government due to their failure if any which can cause widespread negative ramifications. However this power is limited when government sees alternative players who cn substitute such large corporations.

PLEASE UPVOTE INCASE YOU LIKED THE ANSWER WILL BE ENCOURAGING FOR US THANKYOU VERY MUCH ALL THE BEST.