Nobody downloaded yet

International Management - Global business - Essay Example

Comments (0) Cite this document
Summary
Global business is now driven by in excess of 60,000 multinational enterprises (MNEs) with over 800,000 subsidiaries in foreign countries. International production may be of resource-based, import-substituting, export-platform or globally integrated kind. Companies want to expand their business base aboard for mainly "efficiency seeking" and "strategic asset seeking" reasons…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.7% of users find it useful
International Management - Global business
Read TextPreview

Extract of sample
"International Management - Global business"

Download file to see previous pages Multinational companies willing to expand their operation in overseas have to face quite few challenges like regulatory environment of the host country, culture and so forth.
In general, the advent of the modern Multinational companies was largely because of the fast industrialization in the western society. The industrial revolution accelerated new technologies of production and distribution that necessitated larger operations than firms had managed before. Conversely, mass production technologies demanded a constant and dependable stream of input, and the pursuit for new economical long term sources of materials and supplies was the incentive that drove many companies in the foreign countries.1 In fact, firms choose to operate in different countries of the world for a good many reasons, as an example, to reap the benefit of economies of scale, cheap labor cost etc. We can see today that extensive number of companies like Coca Cola, Volvo etc. are operating in different parts of the globe. In this paper, the author attempts to shed light on the activities of the multinational companies in relation to various international production theories.
Companies want to expand their business base aboard for mainly "efficiency seeking" and "strategic asset seeking" reasons. ...
intended to capture the benefits of disparity in the availability and cost of traditional factor endowments in different countries of the world 2) the second sort is that which takes place in those countries which have largely comparable economic structures and income levels and is intended to reap the benefits of the economies of scale and scope, and of distinction in consumer tastes and supply capabilities. For instance, many U. S. companies transferring production to lower-cost Mexico and then exporting finished products back to the USA. An example of the second is American investment in European countries. Europe's stable move toward economic integration over the preceding years has given U. S. firms bigger opportunities and scope for attaining increased efficiencies and rationalization.

Among all the purposes for foreign direct investment over the 1990s, strategic asset seeking was amongst the most significant. The aim of the strategic asset seeker is to increase company's prevailing portfolio of assets in such a way that strengthens the firm's existing competitive advantage. Examples of strategic asset seeking investment include Ford's acquisition of Volvo of Sweden and Jaguar of the United Kingdom, and Land Rover from BMW in early 2000, three acquisitions that helped boost the Ford's product niche in the luxury automobile market.2

Global business is now driven by in excess of 60,000 multinational enterprises (MNEs) with over 800,000 subsidiaries in foreign countries. The world's top 100 non-financial MNEs are the main drivers of global production. Their foreign assets amounted to $2 trillion in 2000, with over 6 million employees across the world. They focus mostly in electronics and electrical equipment, automobiles, petroleum, chemicals, and ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International Management - Global business Essay”, n.d.)
International Management - Global business Essay. Retrieved from https://studentshare.org/miscellaneous/1517303-international-management-global-business
(International Management - Global Business Essay)
International Management - Global Business Essay. https://studentshare.org/miscellaneous/1517303-international-management-global-business.
“International Management - Global Business Essay”, n.d. https://studentshare.org/miscellaneous/1517303-international-management-global-business.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
MoD 3 Case Assign Global Financial Management BUS401 - International Business
...? MoD 3 Case Assign Global Financial Management BUS401 - International Business Introduction During the period of 1993–1999, the financial condition of Nissan was not at the desired level as the company was under huge amount of debts and substantial losses with severely damaged brand image. Credit assessment service companies had stated Nissan to reduce the position of the brand from ‘investment grade’ to ‘junk’. Nissan had to overcome difficult monetary and operational challenges with respect to economies of scale and cost reduction. At that time, Carlos Ghosn was requested to join Nissan as a Chief Operating Officer (COO) who will be liable for managing...
3 Pages(750 words)Essay
International Business and Management. Global Expansion
...R.Preeti 25/11/2007 INTERNATIONAL BUSINESS EXECUTIVE SUMMARY International Business has gained immense importance today, thanks to the development of foreign policies, foreign relations and globalisation. Foreign Trade has received great impetus due to these factors and companies looking towards expanding their organisations are employing norms and policies to facilitate proper monitoring and maintenance of their employees. Due to growth in commerce and management, strategy planning and execution has become an integral part of organisation. Due to this, International ...
6 Pages(1500 words)Essay
International Business - Global Marketplace
... and learning. BIBLIOGRAPHY Anand, J., & Delois, A.,(2002) Absolute and relative resources as determinants of international acquisitions. Strategic Management Journal 23(2), 119-134 Anderton. A., (2006) Economics. 4th Edt Causeway Press Charles W.L.Hill. (2007). International Business. Competing in the global Marketplace. McGraw Hill, International edition. Chen, S., & Hennart, J., (2002) Japanese Investors choice of joint ventures versus wholly owned subsidiaries in the US. The role of market barriers and firm capabilities. Journal of international Business studies, 33(1), 1-18 Cheng, J. L. C., & Bolon, D. S. (1993). The management of multinational R&D: A neglected topic... in...
8 Pages(2000 words)Case Study
International and Global Business Preparation of detailed strategic report to management analysing the risks, possible methods of entry and attractiveness of entry for a nominated Australian company into a European and an Asian market
...may have been carried out by the initial company. The company achieves economies of scale that may not have been realized if it joined single handedly. The disadvantages of this would include:- Continued struggle in management this may be due to the feeling that one company has more control than the other or because of diverse ideas (Roberson 2004) Franchising This involves using a company in India to market the products of Bulla. This would help Bulla in introducing its products to the market without the need for direct participation. This has the following advantages:- Bulla can examine how other businesses that have used the concept have faired in the same market. One can benefit directly by using...
9 Pages(2250 words)Essay
International Business - Global Marketing
...International Business To go global, the company should take into consideration theories, methods and models to analyze international business perspectives, opportunities and possible threats. Environmental scanning is the monitoring, evaluating, and disseminating of information from the external and internal environments to key people within the international corporation. The initial assessment of international markets conditions involves screening foreign markets to discover the potential of different countries. This process includes consideration of rates of growth of economies, new developments, technical changes that are creating new opportunities to sell and identification of long-term economic and demographic factors... opportunities...
3 Pages(750 words)Essay
International business global business
...Global Business Environment Present day business environment comprises a global village which has got integrated in many ways. The restrictions on the geographical boundaries that constrained the movement and growth of the business houses have disappeared since long and have provided the opportunities for the businesses to expand within and outside their respective countries. This paper brings out some of the important features of globalization. As a case study the paper considers the international operations Proctor & Gamble (shortly P&G), a multinational FMCG manufacturer. Proctor & Gamble – an...
3 Pages(750 words)Essay
Global Business Management, Module of: International Marketing Management
...Examine what is consumer culture positioning? What other strategic positioning choices do global marketers have? Culture is a dynamic and ever evolving concept that consists of a vast body of rituals, norms and traditions that are based on mutually accepted and widely shared perceptions among members of a society. Culture, in a sense, identifies a society and gives it a distinct flavour and personality. Large corporations that do business across continents and cultures must be wide awake to the highly unwelcome possibilities that might arise due to translation blunders and cultural faux pas that might unwittingly occur if their product positioning violates these basic ground rules. Such a translational...
8 Pages(2000 words)Essay
International and Global Business - Preparation of detailed strategic report to management analysing the risks, possible methods of entry and attractiveness of entry for a nominated Australian company into a European and an Asian market
...International and Global Business: Entry into the European and Asian Markets Introduction This paper aims to present a detailed strategic report to management that analyses the risks, possible methods of entry, and attractiveness of entry for Austar, a nominated Australian company, into a European and Asian market. Austar is a telecommunications company whose focus of business is subscription television. It only commenced operations in 1995, which means the company is still young in the telecommunications industry if to take other older established ones in comparison. The company stands as the largest subscription television operator in rural and regional Australia and has reaped as many as 713,000 subscriptions. Digital satellite... )....
9 Pages(2250 words)Essay
Global & International Business Contexts
...Global and International Business Contexts Global and International Business Contexts PART A: Coffee Industry Globally Coffee is the most widespread drink in the world with a consumption of around half a trillion cups every year (Surana 2009). After petroleum coffee is the most important commodity with the industry employing more than 25 million people from around the world. Talking about the consumption, the chief coffee consumer country in the world is USA with coffee imports of around 1.2 billion kg every year. The major producer of coffee is the same as the major consumer that is USA which produces 70% of world...
9 Pages(2250 words)Essay
Global / International Business
.... Nations engage in international business for a variety of reasons such as market search, search for raw materials, avoiding government regulations and gaining a comparative advantage among others. The success of the international business depends on the entry strategy that requires careful planning. Global business is beneficial to firms as it offers new market opportunities, increases production, diversifies business and reduces local market dependency. There are various challenges that managers face when operating in an international environment; these are culture and language...
6 Pages(1500 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 International Management - Global business for FREE!
Contact Us