Groth issues of Aconex company - Essay Example

In fact this is part of our strategic management process.11. What % of sales do you export Majority of our sales are for the overseas market. About 51-80 percent is the export market share in the revenues12. Is your company taking advantage of the growth of the economies in China or India Yes. These two nations are the fastest growing economies today. With each country having more than a billion consumers, both having strong presence in the IT and ITES sector and availability of quality services with cheaper labor, these two countries are the obvious choice for such a venture.13. How We have staff (sales and support) directly employed in both China and India.

This way we are able to leverage the economies of scale.14. Are changing demographics affecting your business strategy No. Compatibility with global environment is a prerequisite for survival in today's context. Therefore, companies are supposed to be ready for such diversities.15. Is your company preparing for an economic slowdown in Australia No. With signals of a thaw in the global slowdown, and some sort of stability in the global financial markets we don't expect such a scenario anytime soon.16. What are your best tips in a slump Adopting austerity measures in these times of slowdown will help us in remaining better prepared for the uncertain future.

One of the quick fire solutions to wade through the slump is cutting down the salaries and being focused and aggressive in our marketing approach. 17. What is your principal aim in expanding the business The principal aim is to build a globally successful and competitive business18. Did you plan your exit before you started. These days the online platform has bridged those distances. It order to exploit fullest potential of the company we intend to put daylight between us and second place of operation viz.

New York and Sydney; Washington and Melbourne etc. We have a set of criteria to determine which markets we should enter next, based on size of market, availability of broadband, and the level of competition. In fact this is part of our strategic management process. Yes. These two nations are the fastest growing economies today. With each country having more than a billion consumers, both having strong presence in the IT and ITES sector and availability of quality services with cheaper labor, these two countries are the obvious choice for such a venture.

Adopting austerity measures in these times of slowdown will help us in remaining better prepared for the uncertain future. One of the quick fire solutions to wade through the slump is cutting down the salaries and being focused and aggressive in our marketing approach. We know that the human resource is key to the success of any venture. We try our best to keep the workforce motivated enough to work in sync with the mission nd objectives of the company. Share plans, bonuses, flexible work practices, above average salaries, Volunteer leave are some of the features of our HR policy.

In order to sustain the team spirit amongst the workforce, the management is always on th