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Langauge Importance Review Paper

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Language an important factor in multinationals: The impact of language across cross-cultural leadership, management and communication
Abstract
The purpose of this literature review is to analyze the impact of language on various leadership and management contexts in multinational organizations which operates across different cultures. This paper examines the extent of literature which have focused on the study of language and its impact on activities concerned with leadership and management in multinationals. The main focus being the impact on headquarter and subsidiary communication, knowledge sharing and management contexts, this paper details the literature which suggest that multinationals would be better off by focusing on language and developing language policies which better suit its nature rather than taking language as a granted factor. The objective of this paper is to conclude that language difference across different cultures can no longer be left unattended as its as various implication internally as well as externally for corporations which are operating with different cultures and different languages.
Keywords: Language, MNC, multinationals, leadership, management, communication, knowledge sharing, language policy
Introduction
The growing integration of companies from all around the globe is increasing the race towards a global village. Companies that operate beyond borders are the most influential of them all. Multinational companies are crossing their national borders operating at different corners of the world with different cultures and different languages. As Jones (1996, p.4) says, “An MNE is usually defined as firm that controls operations or income generating assets in more than one country”. In order to improve their cost structure and add value to their products, companies are seeking collaboration with companies from different

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