Power of Multinational Essay Example | Topics and Well Written Essays - 3000 words - 1

Power of Multinational - Essay Example t its CEO in the five years prior to its rise to power (1995-2000) is Richard Cheney, the Vice President of the United States of America since 2000 and who lies second only to George W. Bush as the most powerful man in the world. This paper investigates the company’s rise to power, the perceived role of Mr. Cheney in the company’s success, and how the company exercises its growing power in the world’s political and economic environments. Beginning with a review of available literature on the power of multinational enterprises and how they exercise this power over nations and governments through the instrument of foreign direct investments, the paper looks at the techniques of strategic analyses to gain a deeper understanding of the company and the nation where it took root: America. Using the SLEPT/EE strategic analysis framework provides an in-depth look into the workings of the multinational enterprise and the thinking processes of its managers to discover a link between American history and the behaviour of America’s business and political institutions. The paper concludes by establishing a link that explains the consistency between the known American past, the traditional links between business, politics, and democracy, and the justifications for Halliburton’s exercise of power. This paper investigates the economic and political power of American multinational enterprises and explores the thesis that this explains America’s rise to globalism. Focusing on the American oil industry and specifically the Halliburton Oil Company, an analysis is made of the dynamics of business and government power in the light of contemporary issues using the SLEPT/EE strategic framework. The findings determine the accuracy of the thesis. This research paper looks at how a formerly obscure oil company rose to prominence in the past decade, investigates the role played by its former CEO who happens to be the incumbent Vice President of the United States of