Differences Between International Business Management and United States Business Management - Essay Example

Comments (0) Cite this document
Summary
Business management is a function that coordinates the people’s efforts to accomplish objectives and goals while using the available resources effectively and efficiently. Business management entails the following organizing, planning, staffing, directing, leading and…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.3% of users find it useful
Differences Between International Business Management and United States Business Management
Read TextPreview

Extract of sample "Differences Between International Business Management and United States Business Management"

Download file to see previous pages Different business management practices differ depending on the purposes and the scope of the business or the area it covers (Adekola & Sergi, 2008).
There is the difference between international business management and United States business management. The international business management is a business that incorporates many factors as compared to the business management of America. The international business has factors like different government policies, cultures of different people and other foreign elements that are put into consideration, while the United States business management has only the domestic policy, one culture, and other internal factors that are considered when designing it. The American Business Management uses an individualistic approach where managers are the one who are responsible for the decisions made in their areas of the jurisdiction (Dewan, 2011). In this case, the decision always lies with the management though the other staff can discuss but the final say lies in the word of the boss. For the case of the international business, the board of management deliberates the matters affecting the business.
The management approach here is not like the one of United States business management, but it entails deliberations that are made by the board and are implemented by the representative managers of various countries in the world. The accountability of the international business lies in the board of management where in consultation with the various managers of different countries they account for everything that is done in the business. The managers of American companies have a belief that the overwhelming success in a business brings real rewards. Thus, they tend to disregard the opinions of the other subordinates members (Punnett, 2014). This approach brings a lot of problems when the things go wrong and in meetings there are some incidences of ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Differences Between International Business Management and United Essay”, n.d.)
Retrieved from https://studentshare.org/business/1693821-differences-between-international-business-management-and-united-states-business-management
(Differences Between International Business Management and United Essay)
https://studentshare.org/business/1693821-differences-between-international-business-management-and-united-states-business-management.
“Differences Between International Business Management and United Essay”, n.d. https://studentshare.org/business/1693821-differences-between-international-business-management-and-united-states-business-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Differences Between International Business Management and United States Business Management

International Business Management

...of Sputnik, which was a unique innovation of artificial earth satellite. As the hostility continued between the two countries, the ARPA’s ultimate objective was to counter the measures taken by the former Soviet Union. In order to achieve this objective, ARPA’s mission was to make efforts and establish the United States as the world’s leading country in military and defence applicable science and technology applications (Gallo & Hancock, 202, p.56). Subsequent to that, the establishment of DARPA enabled the team of the ARPA to develop and run internetwork named ARPANET, the Advanced Research Projects Agency Network, in the year of 1969. Originally, the ARPANET was built to serve defence...
10 Pages(2500 words)Essay

International business management report

...and different stakeholders therefore require project management to be governed in effective manner. This report will also include evidence from the various reports of National Audit Office on the success of implementing Shared Services in UK and will take practical insights from the same. ManCo’s decision to implement a shared service to manage certain business processes will require a systematic approach towards understanding how the overall dynamics of project management work besides how leadership can effectively contribute towards the success of the project. More collaboration needs to be on the development of agile systems which are not overly...
12 Pages(3000 words)Essay

International Business Management

...? International Business Management International Business Management Q1. A) Foreign exchange risk refers to risks that enterprise’s financial position or performance will be negatively affected due to fluctuation in exchange rate of the currencies (Rupeika-Apoga, 2005). To manage this type of risks, companies may use several measures. Forward exchange contract is one method used in managing foreign exchange risk where the business operates under an agreed exchange rate (Rupeika-Apoga, 2005). The other method used in managing foreign exchange risk is use of the perfect...
4 Pages(1000 words)Assignment

Management of international business

...granted autonomy for many policy areas (Rynck, 2005). Each region is responsible for its own economic development, housing, environment and transport. In Belgium there is no hierarchy between regional and national laws. Political risk in Belgium is very low in Belgium, according to AMB Country Risk Report (2012). 2.2 Economic Environment The country was affected severely by the recent global recession. Countries that have so far been investing in Belgium are the United States, the United Kingdom, France, Germany and the Netherlands (Belgian Federal Government, 2011). Investments are mostly in sales and marketing sectors followed by industries and the logistics sectors....
16 Pages(4000 words)Essay

International Business Management

...? International business management Country Analysis: Australia By _____________________ 21st January Executive Summary As the global economy continues to develop, managers need to learn the process of working and operating business in international arena in the same way as they do in their own backyard (Lane et al, 2005). International business as a field of study and practice encompasses that public and private business activity affecting the persons or institutions of more than one national state, territory or colony. Australia currently has one of the strongest...
19 Pages(4750 words)Research Paper

International Business Management

...makers in the world, manufacturing more than 9 million cars annually in 33 countries. With a company this size, meeting demand and managing capacity can be difficult challenges. For example, while GM lost more than $3 billion in 2005, more than half its sales came from outside the United States, where it sold its second highest volume of cars. In 2006 the auto maker was unable to keep up with demand in central and Eastern Europe and was seeking to buy an old Daewoo Romania plant to add 200,000 units at annual capacity for its line of entry-level vehicles. Meeting the needs of customers with different needs in 33 countries is also a challenge....
12 Pages(3000 words)Essay

International Management - Global business

..., Global Engagement: How American Companies Really Compete in the Global Economy, McGraw Hill Trade, p. 47-48 Refik, C, 2002, Global Business Alliances : Theory and Practice, Greenwood publishing group, pp. 5, 44 Articles Cantwell, J, 1994 Transitional corporations and innovatory activities, The United nations library on transitional corporations, vol. 17, p. 108 Levitt, B and March J. G, 1988, Organizational learning, Annual Review of Sociology, Vol. 14 p.319 Milliman J., and Glinow, M N V, 1991,Organizarional life cycles and strategic international human resources management in multinational companies: Implication for congruence theory, Academy of...
7 Pages(1750 words)Essay

International business management----- E-business

...significant impact on the e-commerce activities of organizations is that its interactive website must be updated and well maintained. Tesco reasserted its superiority on its business acumen when it relieved its in-house managerial line from the tedious job of updating and maintaining the website and contracted an outside agency to upgrade and maintain a hassle free website that could be easily manipulated and individual features could be added by different unit managers, without heavy technology jargon or complexity. Interwoven’s TeamSite provided the much needed technology support and facilitated the management of ever expanding online operations of...
10 Pages(2500 words)Essay

International Business Management

...flows of local market knowledge between different businesses. Contrastingly, a corporate country headquarters office can act as a repository, locator or retriever of valuable local market knowledge that is accumulated as different businesses enter and expand in a new international market. Thus, proposition 4 states that the use of formal corporate reporting structures through headquarters enhances flows of local market knowledge within the firm (Lord & Ranft 3). However, formal structures alone are not always very indicative of the true nature of how a diversified corporation is managed. As given...
16 Pages(4000 words)Essay

Business Model (International Business Management)

...Manufacturers segment has helped triple apparel export in the past decade - apparel now accounts for more than 20% of Turkey’s total export volume” (“Apparel” 365 ) 3. Highly skilled workers available Turkey houses a high percentage of skilled labor. This plays a very important role the plan chosen and will be very beneficial to the authorities since a good workforce leads to better work and better results. 4. Reduced risk of losing to a competitor due to technical incompetence. Being a wholly owned subsidiary unit would mean taking over the operations of an existing business enterprise. Thus, the business is already functioning and the odds of losing out to a competitor based on...
3 Pages(750 words)Essay
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 Differences Between International Business Management and United States Business Management for FREE!

Contact Us