Nobody downloaded yet

International Business: Clothing company based in Trafford Park, Manchester, UK - Assignment Example

Comments (0) Cite this document
Summary
Name: Tutor: Course: Date: University: International Business Part A: Introduction The decision of the outdoor clothing company based in Trafford Park, Manchester, UK to diversify into international markets such as Spain (Barcelona and Sebastian) makes it a multinational Corporation…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.5% of users find it useful
International Business: Clothing company based in Trafford Park, Manchester, UK
Read TextPreview

Extract of sample "International Business: Clothing company based in Trafford Park, Manchester, UK"

Download file to see previous pages Selecting Expatriates Managers: Key Traits and Competencies Selecting expatriate managers to undertake international assignments is often mired by lack of adequate empirical studies, but most of all by the inexistence of concisely defined traits and competencies critical to the success. One of the critical personalities attributes necessary for the expatriates encompass high openness to experience. The expatriate should have a flexible personality with attitudinal values of cultural empathy, patience and prudence (Connerley and Pedersen 2005, p.11). In addition, the expatriates should possess core expatriates competencies of linguistic skill, cultural sensitivity, relational ability, and ability to handle stress. Expatriate Preparation and Development This encompasses topics such as country orientation, cultural sensitivity, and practical advice. A general overview of the country includes briefs on aspects such as political structures, compensation norms, job design, housing, climate, education, taxes, and health conditions. Cultural sensitivity, on the other hand, preempts the effects of culture shock by aiding employees to adopt an open mind to the diverse outlooks and principles they are expected to come across in the host culture (Czinkota, Ronkainen and Moffett 2009, p.42). This may include foreign language competency and cultural training. Training and pre-departure preparations aid in minimizing incidences of expatriate failure through enhanced training and selection procedures. Expatriate failure in this case refers to situations when expatriates return home from foreign assignment prematurely owing to poor job performance (Palmer 1997, p.319). Language, which infers a system of spoken or written symbols employed to communicate ideas, emotions, and experiences, plays a critical role in the establishment of an internationalization programme. Language enhances understanding on demand and culture and creates abilities to enhance customers’ satisfaction, besides enhancing and maintaining skills critical to execution of the business (Grosse 2004, p.351). Communication is crucial to the management of any organization. Language will be an essential tool in communication within the organization and driving the organization goals and objectives. Research has shown that high-level personnel with competent language skills are increasingly becoming more and more critical to corporate efficiency and success (Hofstede 1991, p.5). The implementation of global strategies is often constrained by shortages of international management talent. The complex and changing environment demands flexibility within multinationals when formulating strategic responses and adopting a cross-cultural approach, critical to attainment of an organization’s goals in the context global economy (Celaya and Swift 2006, p.230). This requires fresh standards of selection, training, and motivation for the expatriates. Expatriates have to develop their intercultural communication competence so as to deliver meaningful and productive service to their organizations. The expatriate is expected to attain control and coordination of operations, transfer knowledge, and achieve managerial development. Judgment on the recruitment of the international manager centers on aspects such as technical competence, personal traits, and ability to adapt to the new environment, among other aspects (Knowles 2006, p.620). Pre-departure training seeks to curtail culture shock, as well as aiding the expatriate to adapt to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International Business: Clothing company based in Trafford Park, Assignment”, n.d.)
Retrieved de https://studentshare.org/business/1400334-international-business
(International Business: Clothing Company Based in Trafford Park, Assignment)
https://studentshare.org/business/1400334-international-business.
“International Business: Clothing Company Based in Trafford Park, Assignment”, n.d. https://studentshare.org/business/1400334-international-business.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF International Business: Clothing company based in Trafford Park, Manchester, UK

Construction and culture- Old Trafford Stadium (Manchester United Stadium)

...Instruction: Contents Instruction Contents 2 Construction and Culture- Old Trafford Stadium (Manchester United Stadium) 3 Abstract 3 Old Trafford 4 References 14 Construction and Culture- Old Trafford Stadium (Manchester United Stadium) Abstract The Old Trafford football stadium or otherwise known as the theatre of dreams is home of one of the world’s biggest and most famous football clubs, Manchester United. Common knowledge reveals that it is the biggest football ground in the United Kingdom. It was nicknamed ‘The Theatre of Dreams’ by Manchester United's famous captain Sir Bobby Charlton. In spite of...
14 Pages(3500 words)Research Paper

Clothing business

...? jcpenney Contents Executive Summary 3 Introduction 3 Goals of the company 4 5 Vision ment 5 Mission ment 6 Key stakeholders 7 Sense 8 Uncover 11 Solve 12 Build 13 Achieve 14 Conclusion 16 Works Cited 17 Bibliography 19 Executive Summary The following project provides an overview of a company operating in the clothing sector. The project will take into account the entire business process of the concerned organization and its performance over the time period. The report will provide an analysis of the prospects and performance of the organization. The project will include the current position of the company including the future goals, the vision as well...
15 Pages(3750 words)Essay

Business analysis of International Business Operations

...within the resident country. This is related to the assumption that if they can perform well in the native country, the same will be extended in the foreign country. However, cross-cultural diversity may downplay this notion. Maximising the chances of success of the expatriates in the targeted international market is the critical goal of any performance-oriented training manager. Otherwise, the company stands to lose valuable time, money and effort. This paper is an analysis of the foreign language and cultural training needs of expatriates of a prominent UK outdoor clothing company based in Trafford...
12 Pages(3000 words)Assignment

Zara - spanish clothing company

...? Zara Spanish Clothing Company Operating in around 000 stores in more than 60 countries, Zara Clothing Company is one of the major companies owned by the Inditex firm based in Spain. Inditex is a rapidly growing clothes retailer in Europe. Zara’s performance can be observed to be outstanding in the way it manages its operations timing in meeting the ever-changing demands of the customers. The company is in a “cutting edge”, capable of designing, manufacturing and delivering new styles of clothes and receiving “full price on 85 percent of its products”1. The present research focuses on a...
4 Pages(1000 words)Essay

Zara clothing company

...Zara clothing company Table of Contents Table of Contents Executive Summary 3 The study establishes the business projects and successes of the Zara clothing company based in Spain, which currently owns over 6,000 stores in over 80 countries globally and fashion trend of over 12,000 items annually. The report establishes the macro and micro elements of evaluating progress in Zara and the appropriate steps to measure and ascertain the future outcomes. Zara remains the most competitive fast fashion company globally, the latest profit forecasts amounting to $3billion dollars as Burberry following suit at a total of...
16 Pages(4000 words)Essay

Human Resource Management Models of H&M Clothing Company, UK

...? Human Resource Management Models of H&M Clothing Company, UK Contents Contents 2 Strategic Issues (Anastasia Osipova) 3 Reward (Luliia Stakhiva) 4 Motivation (Thomas David) 5 Efficient Labour and Production Practices 6 Strategic Issues (Anastasia Osipova) According to Siegle (2012), H&M is one of the largest fashion retailers selling more than 550 million garments every year, an achievement that illustrates H&M’s successful strategies of building their position. Thompson (2005 np) this attributes to the application of strategies that establish clear guidelines towards gaining a strong and competitive market position. Burton and White (2010 np) reiterate on the position that H&M’s...
4 Pages(1000 words)Essay

Thunder ego boutique Manchester UK

...for the marketing will be made more efficient based on the offers which are related to specific consumers and determined through purchase patterns, loyalty programs, social network affinities, website visits, and similar data mining techniques (Easey, 2009). 2.0 Key functions of merchandising The merchandising responsibilities for the sales retailer focus on the persons who are in a position of executing special promotional campaigns that are created through the manufacturer in boosting sales volume. The retail environment also introduces the gain agreement, promotion and securing preferred product placement, re-merchandising, place signage, and generating awareness with the customers prior launching the promotion...
4 Pages(1000 words)Essay

Zara spanish clothing company

... Education. Leeman, J. 2010. Supply Chain Management. Germany: Institute for Business Process Management. Mangan, J., Lalwani, C. and T. Butcher. 2008. Global logistics and supply chain management. USA: John Wiley and Sons. Ray, R. 2010. Supply Chain Management For Retailing. Tata McGraw-Hill Education. Rushton, A. and S. Walker. 2007. International logistics and supply chain outsourcing: from local to global. UK: Kogan Page Publishers.... Zara Spanish clothing company How Zara’s supply chain is different to other clothing retailers’ supply chains. Do these other clothing retailers havedifferent competitive priorities? One of the key problems of supply chain management in...
2 Pages(500 words)Essay

International Business in UK

...International Business in UK Table of Contents Answer 1 2 Answer 2 5 a)The World Trade Organization 5 b)The International Monetary Fund 6 c)The Word Bank 6 Answer 3 7 Reference 9 Answer 1 The European Union has 27 member nations, out of which seventeen have formed the “Economic and Monetary Union” (EMU) and have chosen the euro as their one and only currency. These countries are collectively known as the Euro zone. On the basis of gross domestic product (GDP) and proportion of global trade and investment, the Euro zone is as good as that of the United States. Hence, these countries are a crucial participant in the world economy and particularly to the economy of the United Kingdom (Ahearn et al. 2012). The companies based... be both...
8 Pages(2000 words)Essay

Burberry clothing company UK

... Burberry Clothing Company UK Using the copy of Burberry Companys Annual Report and Financial ments (this will be for years 2012-2013), find the Statement of Shareholders Equity and paste it as an image into your report. Group Statement of Changes in Equity Year to 31 March 2013 £m Year to 31 March 2012 £m Cash flows from operating activities Operating profit 345.8 376.9 Operating loss from discontinued operations – (0.3) Termination of licence relationship 6 71.3 – Depreciation 94.5 74.3 Amortisation 16.7 13.3 Net impairment charges 11.3 6.8 Write-down of assets held for sale – 4.5 Loss on disposal of property, plant and equipment and intangible assets 0.1 0.3 Fair value losses/(gains) on derivative instruments 2.0 (5.7) Charges... on page...
2 Pages(500 words)Coursework
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 Assignment on topic International Business: Clothing company based in Trafford Park, Manchester, UK for FREE!

Contact Us