In recent decades the process of globalization has accelerated and the world economy has become increasingly interdependent. The increase in the number of companies that operate extensively in more than one foreign country, the so-called multinationals, plays an important role in the ongoing globalization process. The United Nations reported that multinational corporations hold one-third of the world's productive assets and control 70% of global trade (Schermerhorn et al., 2014). As there is considerable growth in international businesses, the world economy is becoming increasingly highly competitive. The global economy not only offers great opportunities to multinational enterprises, but on the other hand creates many difficulties for them. Therefore, success in large-scale economics requires a number of elements. One of the determining factors depends on global managers. In the functioning of organizations, managers may encounter several international management challenges that limit the development of their business. These challenges often include issues related to host countries, global management of workforce diversity, cross-cultural management, difficulties in the competitive global business environment as well as the global planning and control process. This essay will discuss the above international management challenges in a broad sense and provide an illustration of the aspects of each challenge. The first challenge that managers of multinationals face is related to host country issues. Both international companies and the countries hosting their operations abroad should mutually share the opportunities arising from any business relationship. The en......middle of paper......and multinational lies and human resource management to effectively manage the diversity of the global workforce. Furthermore, management practices across nations should be more focused in terms of improving expatriates' experience with cross-cultural training. It is also emphasized that managers of international companies must efficiently devise the best strategies and plans to increase the positive performance of the business and to control the resources of their foreign subsidiaries. As a result, global managers play a very important role in the development and success of multinationals in today's competitive international market as there are numerous issues they face in the operational process. If businesses could overcome management challenges, they would gain great opportunities in the global economy and achieve favorable results.