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

Honest Communication And Regulation Of Global Business - Essay Example

Comments (0) Cite this document
Summary
Communication entails various engagements that link the objectives of the company to the needs of the global clientele, the interests of the stakeholders and other parties that have some forms of relationships with the company’s core business…
Download full paperFile format: .doc, available for editing
Polish This Essay98% of users find it useful
Honest Communication And Regulation Of Global Business
Read TextPreview

Extract of sample
"Honest Communication And Regulation Of Global Business"

Download file to see previous pages By its very nature, communication within a global context involves a vast range of activities, which must add up to determine the success levels or nature of challenges to be encountered in the course of doing business (Adekola & Sergi, 2007). Communication entails a thorough knowledge of the competitors, the interests of the clientele, cultural dynamics, market forces and other issues that relate to the efficiency of the business. Communication promotes the adoption of flexible strategies that are responsive to the unique situations and realities to be encountered at the market place. It involves an awareness of the macro-economic and micro-economic factors that impact on the core objectives of the business. The success levels of communication are influenced by the ability of the company to make accurate assessments and predictions of conditions on the global market. Wrong assumptions can lead to the development of poor strategies, which could cause major losses in profits and stability of the company. It is important for global companies to seek for sufficient insights and resourceful information about the markets in order for them to manipulate the complex and diverse connections of the factors that determine the success levels of global businesses. ...
Some of the reasons attributed to the success of Walmart in Mexico include awareness an awareness of the shopping culture of the country. Generally, Mexicans have a peculiar shopping culture that small packages and fresh products. On the other hand, regulation of global business basically involves the development of the most appropriate strategies that are consistent with the goals and objectives of the global companies. The art and science of regulating a global business is complex in the sense that it involves a balance between the internal objectives of the company and the unpredictable operating environment of global commerce. Regulation must necessarily involve the awareness of the variations in the nature of controls, restrictions, policy matters, legal restrictions, and other variables that apply within a global context. Some landmark cases of failure of renowned companies on the global market have been associated with limitations in the judgment of the management with regard to the most appropriate approaches. Inward looking strategies often incur challenges of cultural mismatch as the strategies fail to apply appropriately to particular situations. On the other hand, some of the notable successes on the global markets have been related to the ability of the companies to develop strategies that are responsive to the unique and varying demands of the markets. Markets do not bear similar characteristics. The preferences and trends on the western markets may exhibit significant variations with those in Asia. Cultural factors and other aspects of social realities determine these differences. By implication the marketing strategies and the nature of products designed for the western markets may have to be redesigned in order to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Honest Communication And Regulation Of Global Business Essay”, n.d.)
Honest Communication And Regulation Of Global Business Essay. Retrieved from https://studentshare.org/business/1400753-what-is-more-effective-honest-communications-by-or
(Honest Communication And Regulation Of Global Business Essay)
Honest Communication And Regulation Of Global Business Essay. https://studentshare.org/business/1400753-what-is-more-effective-honest-communications-by-or.
“Honest Communication And Regulation Of Global Business Essay”, n.d. https://studentshare.org/business/1400753-what-is-more-effective-honest-communications-by-or.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Honest in Animal and Human Communication
Information in communication simply means uncertainty reduction. On the hand, response is the effect of an act portrayed by another organism which could have evolved to be affected since a different act had evolved to affect this act (Reby and McComb, 2003).
12 Pages(3000 words)Essay
Business structure and regulation
Second phase is decision making, keeping objectives of the company in mind, decisions should be made by governing body of organization. A good leadership provides a sense of inspiration for the employees. Phrase leading from the fronts implies that leader of an organization is as keen as common employee of the organization when it comes to achieve the objectives of the company or organization.
9 Pages(2250 words)Essay
Business Regulation Simulation
Alumina tries to deliver customer satisfaction at a lower cost, smaller size, and higher speed. Alumina follows differentiation strategy which helps the company to attract and keep a customer. "Alumina offers standard picket, glass systems, column, stairs privacy panels and custom design" ().
7 Pages(1750 words)Essay
Global communication
Offshore outsourcing of costly IT and back-office services is particularly appealing to telecommunications services firms, especially in an environment where companies are fixated on controlling IT operation costs, and yet provide more services. Issue Identified as in the Scenario - Bellsouth Corporation, like others in the telecommunication services industry went through a bad patch where it was not able to generate more capital to meet its growth demands.
2 Pages(500 words)Essay
Asias Global Future in Business Culture
According to the report the business value system or system of ethics of many of the most successful Asian nations has been greatly influenced by the teachings of Confucianism which has shaped the people and their culture over centuries. Developments in transport, communication and computer technology have brought the vastly diverse people.
17 Pages(4250 words)Essay
Global Communication
1.2 Geert Hofstede has done pioneering work to classify the cultural differences among peoples of different nations. This report examines the cultural
4 Pages(1000 words)Essay
Honest Graft
George Plunkitt discussed the honest and the dishonest graft clearly distinguishing them and was convincing in explaining an honest graft as one which does not involve foul play whereas a dishonest one does.
3 Pages(750 words)Essay
Business regulation
Approximately, 25% of deaths in males and 11% of death in female across United Kingdom is largely caused by alcohol. It is quite evident across UK alcohol marketing is a very well funded, persistent as
12 Pages(3000 words)Essay
Government regulation of business
Indeed several debates and discussions have gone on in the public on the effects of government regulation of businesses and whether or not these regulations should be expanded. Macaray (2013) argues that there is the
1 Pages(250 words)Essay
Global Business Communication Issues
However, although the business enterprises involved enjoy the unlimited market for their goods and services, there are inherent challenges that they encounter in the context of the international market. The sale of products and services in other countries involves considerable communication challenges (Krizan, 2011).
2 Pages(500 words)Essay
Let us find you another Essay on topic Honest Communication And Regulation Of Global 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