Nobody downloaded yet

Strategy of international business - Essay Example

Comments (0) Cite this document
Summary
In the contemporary age, a lot of companies are expanding their business to the level that they have several branches in different parts of the world. Many companies start the business in a developed country and once the business has established, companies tend to look for…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.1% of users find it useful
Strategy of international business
Read TextPreview

Extract of sample "Strategy of international business"

Download file to see previous pages Centralization happens when a company focuses the centralization of authority from the whole towards a particular group, which usually happens to be the top management since top management assumes the decision making authority. On the other hand, decision-making authority in a decentralized organization is passed over to the lower tiers that may be the organization’s branches, subsidiaries, or divisions. Advantages of centralization include uniformity of standards, reduction in the cost of operation, and increased profitability of business while disadvantages of centralization include conflict between the internal organizational culture and external culture, and the need of a very efficient IT-based system. Advantages of decentralization include increased competition whereas the disadvantages of decentralization include increased need of training and customization of employees’ skills.
One advantage of centralization is uniformity of standards. Since the company has a centralized system, the product or service generated by the company has the same quality wherever it is made in the world. Another advantage of a centralized organizational structure of an international company is that it reduces the cost of operation in three fundamental ways. Firstly, the company is able to exploit the economies of scale. The international company can benefit from its products’ or services’ special pricing in numerous ways that include but are not limited to bulk pricing, single orders or multiple orders, and volume discounts. Secondly, in a centralized system, an international company escapes the need to duplicate the procedures or efforts to address the needs of branches in different parts of the world. Thirdly, centralization of the system reduces the regulatory costs. In addition to that, centralization promotes a culture of more consistency and accountability ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Strategy of international business Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved de https://studentshare.org/miscellaneous/1603113-strategy-of-international-business
(Strategy of International Business Essay Example | Topics and Well Written Essays - 1500 Words)
https://studentshare.org/miscellaneous/1603113-strategy-of-international-business.
“Strategy of International Business Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/miscellaneous/1603113-strategy-of-international-business.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Strategy of international business

International Business Strategy

...that they don’t go astray of the track they were mentioning in their mission statement. Conclusion The multinational companies are working day and night ot prosper in the international arena and for that they would get anything to be done. They want results that cater to their long set goals and the tactics they adopt to fulfill these strategies must comply with the organizational policies. Not only this but they also need to keep in mind the requirements of the international environment and the needs and wants of the customers which the ground basis for their business to provide them strength in the long run. The power and fuel of these multinational corporations is...
9 Pages(2250 words)Essay

International Business Strategy-2

...Reflective report of International Business Strategy Module: International Business Strategy Prepared by: Jawahir Bogis ID: 08189239 Date: 22 November 2010 Word Count: 1000 word. Introduction Regional strategy is very important in developing a transnational organisation. Products developed in different countries can be traced back to their regions of origin (Ghemawat, 2005). In the same vein, it can be noted that the development of the market begins from a region and it grows further to other countries globally through the regional strategy (Stonehouse, 2004). In as far as implementing a...
4 Pages(1000 words)Essay

International Business Strategy

...dynamics of the case studies. It is also important to note that the split of the tasks also allowed us to save time while at the same time gather more information about Russia and its oil and gas sector. This also allowed us to discuss with the students having specialized knowledge about oil and gas sector in order to broaden our overall scope of knowledge and approach about the case study. However, the split of the task also allowed us to discuss each others work and remained fully involved in the whole process of completing this assignment. Some of the improvements I believe are necessary include the relating of the findings of the case study with that of the international business...
3 Pages(750 words)Essay

International Business Strategy

...International Business Strategy Contents Contents 2 Executive summary 4 Brief case history 4 Data and methods 5 Strategic analysis 6 SWOT analysis 6 Strengths 6 Weakness 6 Opportunities 7 Threats 7 PEST analysis 7 Political 7 Economical 8 Social 8 Technological 8 Strategic groups analysis 9 7s MCKINSEY’s Matrix 9 Ansoff’s Matrix 10 Strategic recommendations 11 References 13 Executive summary McDonald’s has created a huge impact in the global quick service restaurant industry by giving the best of service and quality products to its customers globally and also by having strong strategies to grow in the global market. The company has used wide range of marketing...
8 Pages(2000 words)Essay

International Business Strategy

...International Business Strategy Introduction International Joint ventures (IJVs) have significantly higher failure rates; there is a long list of failed joint ventures such as Daimler Benz/Chrysler, Alcatel/Lucent, AOL/Time Warner, HP/Compaq, Novell/WordPerfect, JDS Uniphase/SDL, Borland/Ashton Tate, National Semiconductor/Fairchild Semiconductor, Excite/@Home. In one of the study, between 1972 and 1976, over 90 ventures failed in Japan alone. In many of these ventures, many large companies from the US such as Sterling Drug, Avis, TRW were involved. As per the Harvard Business School study, almost 30% of the 1100 joint ventures shaped before 1967 between...
6 Pages(1500 words)Essay

International Business Strategy

...International Business Strategy al Affiliation Introduction The Koyo jeans brand is one of the Chinese most popular brands of clothing. Having been created in November 1997 by a fashion designer William Cheung, the company has risen to capture a wide customer base in China mainland, Hong Kong and in many other regions in the world (koyojeans.com). With such coverage, the company faces a number of environmental differences that impact on its establishment and success in a particular region (Kew & Stredwick, 2008). This paper is an audit of the external environment of the company with a focus on three main countries, China-Hong Kong, Canada and France. The theoretical framework applied for...
3 Pages(750 words)Essay

The strategy of international business

...The strategy of International Business Executive Summary This paper is based on the impact of liberalizationon overseas trading and internationalization of firms across the border. It highlights how entry of new foreign firms creates new opportunities to develop the economic infrastructure of the host nation and offer the customers to have a better lifestyle. However, the entry of new firms also creates a steep competition for the local firms. This as a result makes it difficult for them to survive amidst the well established industry giants. This paper focuses on different defensive strategies that the local firms can adopt in order to strengthen their competitive advantage and ensure their sustainability in the industry. Table... ...
18 Pages(4500 words)Essay

Strategy of international Business

...Strategy of International Business Executive Summary The report has been designed to focus on the strategies of international business. It has been explained by taking the example of The American Broadcasting Company (ABC). It is an American broadcast television system/network which is owned by the Disney Group. The main aim of this report is to propose an appropriate entry strategy and market strategy for ABC. International companies give lot of significance to technology and science. They have high skilled workforce because they provide high salary as well as other benefits. Due to this...
18 Pages(4500 words)Assignment

Strategy of international Business

...Market Entry Strategy Executive Summary All communications is a networking and satellite communications company based in Miami. The satellite communication industry is increasingly getting competitive in its home market. Thus, in order to ensure sustainability and business growth, the company has decided to enter into a host market where the competition is not so steep and it also offers a prospective growth opportunity in the near future. The company will expand its business to the Indian market. The market analysis of the host country has revealed that the macro-environmental conditions are suitable for All Communications to enter in the country with its product and service offerings....
18 Pages(4500 words)Assignment

The Strategy of International Business

...The Strategy of International Business Executive Summery The study is based on evaluating the effects of liberalization on internationalization of organisation across the borders of different developing and developed countries mainly the UK. The discussion has elaborated market entry procedures of foreign organisations which have opened the door for new opportunities while developing economic condition of the host countries. These processes have also improved the lifestyle of the consumers in different host countries of these internationalized organisations. Alternatively, the new market entrants have also generated higher competition for the domestically focused organisations. This situation has not only reduced the profitability... and...
17 Pages(4250 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 Strategy of international business for FREE!

Contact Us