Let’s assume that you are an expatriated manager of a U.S. manufacturing subsidiary in your selected country. What is the most important external or environmental issue in your opinion? Which of international management concepts (at least three) will be useful for you to respond to such an issue? Explain with specific examples
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I. Let’s assume that you are an expatriated manager of a U.S. manufacturing subsidiary in your selected country. What is the most important external or environmental issue in your opinion? Which of international management concepts (at least three) will be useful for you to respond to such an issue? Explain with specific examples
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- Why would you prefer Japan International Relations compared to Caribbean International Relations? Provide examples in your explanation.To make sure ethical issues are considered in international business decisions, what should the managers do?Using appropriate academic resources, assess the impact of a country's economic, demographic, and political/legal environment on business. You should select a country that you are at least somewhat familiar with. I have listed some ideas to give you a starting point on your research. You should include this information but are not limited to only this information. After you find the information on each of these three sections, write a paragraph analyzing how this impacts business in the country. Your assignment should be at least 2 pages long and you should use APA format to cite your sources. Economic Environment Economic growth data Employment data Inflation data Income distribution Interest rates Political and Legal Environment
- The investment firm that took over RetailCo has decided that it would adopt alternatives to expatriation (rather than expatriation itself) to ensure managerial development and greater coordination and control between the newly acquired retail organisation in the US and RetailCo. As an expert consultant on International Human Resource Management (IHRM), which of the alternatives to expatriation would you suggest for RetailCo and why?2. Culture explains how we behave toward each other and with other groups especially when doing business across borders. Pretend you have been hired by ABC Company Limited. Your manager has indicated to you that the company wishes to do business in foreign markets but is worried about the cultural risk of foreign markets. With the use of an example, briefly describe to your manager ONE cross cultural risk that the company should be aware of and ONE recommendation you will make to mitigate your identified risk. A complete answer will include the use of an example to help support your explanation on the cross-cultural risk in the context of internationalization.Advantages of Studying International Business Management?
- What are the challenges of INTERNATIONAL BUSINESS IN TERMS OF: 1. Economic Environment 2. Political Environment 3. Cultural Environment 4. Competitive EnvironmentWhat are the challenges of INTERNATIONAL BUSINESS IN TERMS OF: 1. Economic Environment 2. Political Environment 3. Competitive EnvironmentWhy is international management a critical area that all management students should be aware of?
- The fundamental challenge of managing the global enterprise is assessing, interpreting, and reconciling the competing imperatives to do everything the same way everywhere versus doing everything differently given different demands in different locations. This contest is the sine qua non of management—whether expressed here in terms integation versus responsiveness, or as you likely seen elsewhere, efficiency versus effectiveness, standardization versus customization, maximization versus optimization, mechanistic versus organic, universal versus local, and so on. No matter the product provided or markets served, managers must continually find ways to navigate this dilemma. In Module 1, you interpreted this this issue in terms of the normative versus relativist ethical outlooks. Now, in Module 2, we look at this issue in terms of global integration versus responsiveness. Indeed, interpreting the tension between global integration and local responsiveness anchors and interpretation of…You will take this opportunity to reflect on the far-reaching and lasting effects of the COVID Pandemic within international business. Case Study You are a floor manager at a middle work factory, OneTech Steel Fabrications. Your role includes managing two teams that consists of metal fabricators, welders, fitters and turners that are responsible for building custom steel framing. Each team has a shift supervisor, 2 metal fabricator apprentices, workplace health and safety representative and newly appointed COVID Marshall. Each team works different rotating shifts so that all production hours, from 6:00 AM to 10:00 PM, are covered. Other teams within the organisation include: Warehousing - responsible for ordering and supplying required materials to the production areas Logistics - responsible for the delivery of completed fabrications to client sites Workplace Health and Safety Sales Administration - including reception, human resources and finance Your organisation is about to…You are hired as a consultant by Tokyo Inc. to prepare a report based on the undermentioned criteria.You will choose a known Caribbean Company in the agro-processing sector and its product (s) withinformation available on the internet, that does not currently operate outside the Caribbean CARICOMregion. You will conduct a comprehensive study of the international business environment, that is, thegeography, culture, government, history, economics, and politics of a new country, outside of the region,from which you believe the company and its product (s) could operate profitably. Propose a strategy forinternationalization. Looking particularly at entry strategies that could be utilized as discussed in the course.You will need to keep in mind the domestic realities of the company and its product (s) by conducting asituation analysis to start. You are also required to suggest an international strategy after an analysis of allstrategies discussed in the course. Use "My Crown of Curls" as…