Challenges for a Business in an International Market - Essay Example

Comments (0) Cite this document
Summary
The researcher of this current study looks into the main goal of a business that is to create a market for its products and/or services which will produce substantial income to cover the expenses enough to fund the continuation of its production. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92% of users find it useful
Challenges for a Business in an International Market
Read TextPreview

Extract of sample "Challenges for a Business in an International Market"

Download file to see previous pages This essay discusses that a number of challenges await a business that aims to conquer the international market. One of these challenges is the existing global trade in a particular location. Global trade has existed since the forefathers of the present generation embarked on a quest to look for new places to offer the products that they had to offer. From the finest spices and ingredients, global trade that occurred during the earlier centuries also offered the finest materials and jewelries and even human labor. The international market has already been penetrated by merchants long before the New York Stock Exchange was established. Local businesses have organizational structures that deliberate to be able to achieve holistic goals. There are also instances that the members of the administrative assembly could either be friends or relatives. A member of the organizational structure can personally talk or approach another if there are certain issues needed immediate attentions. Communication is a breeze since it is being carried out on a timely manner and the message or the instruction is carried out with supervision. This type of interaction does not materialize in businesses in the international market. Though these international businesses have a local organizational management that looks after the status of the business in the local market, there is an office considered as the headquarters for each of these companies that will look after satellite offices strategically disseminated in various locations worldwide. There are memoranda or circulars that these headquarters will circulate to satellite locations which may not benefit a particular satellite office. Either local management of the affected office will make amends regarding the order or the directive will be disregarded and not be fully implemented (Howes & Tah, 2003, pp. 181-200). ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Challenges for a Business in an International Market Essay”, n.d.)
Retrieved from https://studentshare.org/business/1395639-international-business
(Challenges for a Business in an International Market Essay)
https://studentshare.org/business/1395639-international-business.
“Challenges for a Business in an International Market Essay”, n.d. https://studentshare.org/business/1395639-international-business.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Challenges for a Business in an International Market

New business challenges in the Saudi market

...? New Business Challenges in the Saudi Market Table of Contents 4 Chapter 1Introduction 5 Background of the Study 5 Research Problem 7 Significance of the Study 8 Definition of Terms 9 Limitation of the Study 10 Chapter 2 Literature Review 12 Global, regional and local markets 12 Old economic powers 13 The emergence of China 15 Education booming 22 Marketing and Sales Strategy 26 The strength and variety of demand 27 The Nitaqat 28 Chapter 3 Research Methodology 30 Chapter 4 Data analysis and results 32 Saudi society and business mentality 32 Locals and Businesses: Missing out on the Opportunity 47 Cost of Doing Business: Expenses and Labor 48 Chapter 5 Discussion 53 Governmental Support to Local Businessmen 53 Chapter 6 Summary... ,...
64 Pages(16000 words)Thesis

The dimensions of the Decision-Making Processes

12 Pages(3000 words)Research Paper

International Business / Expanding into the International Market

...?International Business Expanding into the International Market Century link, headquartered in Monroe, Louisiana, is the third largest telecommunication company in United States of America in terms of lines served. (“Welcome to century link”). The company serves its customers with different types of products such as broadband, voice and wireless services. Apart from that they also deliver data and voices managed services to the local and the international markets as they posses “high-quality fiber optic networks and multiple data centers” (“Welcome to century link”, n. d.). To diversify their product and to establish their...
5 Pages(1250 words)Term Paper

International Business strategy - NOKIA on global market

...? International Business Strategy - NOKIA on Global Market Table of Contents Table of Contents 2 Porter's Five Forces of Competition 3 Buyer power 3 Threat of Substitutes 3 Degree of Rivalry 4 PEST Analysis- Nokia 6 Political Factors 6 Economic Factors 7 Social Factor 7 Technological 7 Recommendations 8 Segmenting & Targeting 9 Price 11 Reference 13 Porter's Five Forces of Competition Buyer power Rise of the Smartphone has forced retail buyers to stock products in advance while some market players such as Apple, Samsung are filliping forward integration by setting their own online and offline retail sales (Slatter, 2006, p. 125). Buyer power is relatively high due to...
7 Pages(1750 words)Essay

International Business

...? International Business Table of Contents Table of Contents 2 Executive Summary 3 Introduction 4 Samsung: A Brief Overview 5 International Business Environment and Domestic Business Environment: A comparison 6 Challenges of Samsung in the Global Market Place 7 Samsung’s Approach to Cope up with Competitors 9 Implication of these Differences 12 Optimum Methods of Organization Management and Effective Communication System 13 Conclusion 15 15 Reference List 16 Executive Summary International business is often dubbed as the business activity that takes place across the...
18 Pages(4500 words)Assignment

International Business - International Market

...segmentation which are required to meet the challenges of the competition (Cinchona, 2005). These strategies include; growth strategies, innovative strategies, among others. Although they are believed to be the best in the market so far, they are yet to be applied by most companies but the Dell Inc. have been trying to use them to counter high competition. Conclusion Dell Inc. has employed good marketing strategies to realise its success. Being a company that was just born the other day and it has gone ahead to compete with companies such as HP and others. It combines both direct and indirect methods of exporting to reach the international markets. In...
10 Pages(2500 words)Case Study

Challenges of International Banks

...International Banking - Issues and Challenges REPORT: Table of Contents: QUESTION a) 6 Examine the external environment in which international commercial banks operate. Using relevant B820 models and concepts assess the main challenges they face. Pg 2 QUESTION 1(b) 6.2 Assess the attractiveness of emerging markets for American and European commercial banks operating internationally. Pg 9 QUESTION 1(a) 6.1 Examine the external environment in which international commercial banks operate. Using relevant B820 models and concepts assess the main challenges they face. International commercial banks have...
12 Pages(3000 words)Essay

A Plan for Growth

2 Pages(500 words)Essay

BUSINESS CHALLENGES

...to experience nosedive. This is a great challenge to the US restaurant industry as the country is becoming less a preferred destination by international tourists who are exploring newer destinations. Technology Technological improvement has been felt in the restaurant industry and most of this has been brought up by the increased competition. The introduction of twitter which is a social networking and a micro-blogging service has been used by many marketers to advertise their businesses and the services they offer for example the restaurant industry (Malin 25-45). In order to be a successful in the restaurant industry, it is important to know how the customers feel...
23 Pages(5750 words)Research Paper

Establish an International Business in Frontier Market

...COFFEE EXPORT FROM KENYA. Executive summary Coffee has been grown in Kenya since the advent of the twentieth century and its one of the products listed in Kenya’s National Export Strategy that is aimed at improving the countries balance of payments (Cate, Condliff et al 15). Kenya is a relatively smaller player in the global coffee export market but it’s highly regarded for its quality specialty coffee beans that international manufacturers blend with coffee from other key global coffee exporters. The Kenyan coffee value chain has a variety of players and strategic positioning in the value chain will be instrumental in making sure that the company gets the required grasp in the coffee export...
4 Pages(1000 words)Research Paper
sponsored ads
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.

Let us find you another Essay on topic Challenges for a Business in an International Market for FREE!

Contact Us