We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

International Business - Essay Example

Comments (0) Cite this document
Summary
Managing a multinational enterprise (MNE) could never be a walk in the park because this task involves key changes in a company’s mission, core competencies, structure, processes, and culture. As a member of the strategic planning team of a large MNE, our organisation should…
Download paper
GRAB THE BEST PAPER
International Business
Read TextPreview

Extract of sample
International Business

For Coca-Cola, it meant duplicating a substantial part of its value-creation process—from product formulation to marketing and delivery—throughout the world. Intel’s global competitive advantage is based on attaining technological leadership and preferred component supplier status on a global basis. For a midsize company, it may mean setting up a host of small foreign subsidiaries and forging numerous alliances. For still others, it may mean something entirely different (De Kluyver & Pearce, 2006). Thus, although it is tempting to think of global strategy in universal terms, globalization is a highly company-and industry-specific issue. It forces a company to rethink its strategic intent, global architecture, core competencies, and entire current product and service mix. For many companies, the outcome demands dramatic changes in the way they do business—with whom, how, and why.
In the study of management, it is already a common knowledge that it involves four basic functions: planning, organizing, leading, and controlling resources (land, labour, capital, and information) to efficiently reach a company’s goals. Controlling is the fourth basic managerial function. In management, controlling means monitoring a firm’s progress toward meeting its organizational goals and objectives, resetting the course if goals or objectives change in response to shifting conditions, and correcting deviations if goals or objectives are not being attained.
Managers should strive to maintain a high level of quality—a measure of how closely goods or services conform to predetermined standards and customer expectations. Many firms control for quality through a four-step cycle that involves all levels of management and all employees. In the first step, top managers set standards, or criteria for measuring the performance of the organization as a whole. At the same time, middle ... Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International Business Essay Example | Topics and Well Written Essays - 3250 words - 2”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/327702-international-business
(International Business Essay Example | Topics and Well Written Essays - 3250 Words - 2)
https://studentshare.net/miscellaneous/327702-international-business.
“International Business Essay Example | Topics and Well Written Essays - 3250 Words - 2”, n.d. https://studentshare.net/miscellaneous/327702-international-business.
  • Cited: 0 times
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
International Business
International business allows companies to expand their achieve accelerated economic growth. An American company that turned its focus into international business to achieve rapid growth after a 15 year based on an organic
3 Pages(750 words)Essay
International Business
This means that companies to remain competitive will have to continuously examine the way they do business in countries other than their own and must be prepared to react swiftly to changing global trends. Understanding business environment of various countries is becoming increasingly important with globalisation.
7 Pages(1750 words)Essay
International Business
esponse to the rising number as well as scope of multinational companies, numerous studies have already been conducted pertinent to the cross-cultural and national differences of the multinational organizations. Aside from this, the organization’s role and well as the values
6 Pages(1500 words)Essay
International Business
Therefore, it is quite important to understand the basics of labor forces and how it affects the international business. Labor
3 Pages(750 words)Essay
International Business
Being the economic hub of the world, US own the major portion of the total investment in global capital market. To illustrate, recent innovations in information technology and communication eradicated the geographical
2 Pages(500 words)Essay
International Business
There seems to be an agreement that Asia’s growing middle class, as a result of the region’s ‘rise’, will produce major prospects for Australia, specifically in economic, tourism, education, and
2 Pages(500 words)Essay
International business
f managers, politicians, and individuals within the international economic system exhibit different roles based upon which of these two items is being defined and/or discussed. As a means to understand these key differentiations that exist between the two terms, the proceeding
2 Pages(500 words)Essay
International business
Union which failed to enact this legislation faced massive corruption cases which affected their international business relationships with other countries. In the early 2000’s Germany was also affected with such cases of bribery. It was concluded that corruption was holding
1 Pages(250 words)Essay
Based on your experience of the essay for Part 1 of the assignment, how helpful have you found international business theory in developing your understanding of International Business
This essay will take this further and use theoretical reasoning perspective and relate it to how it has developed my personal understanding of the real business world. Basically, in political economy, but also in a business setting, the theory of
4 Pages(1000 words)Essay
International business
Sierra Leone, a country based in West Africa, has a peculiar living style guided by its demographics that include an official population of 6, 190,280. For instance, because of the hybridity of its western and African styles, the
2 Pages(500 words)Essay
Let us find you another Essay on topic International Business for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us