Assignment 1: Challenges in international management
Format: Essay (You are encouraged to use headings and/or sub-headings to separate the sections/cases of your essay.) Word limit: 2500 words (variation within 10% more or less is allowed) This activity is a platform to sharpen and demonstrate your knowledge and analytical skills in international business. It is designed to help you achieve the learning outcomes 1, 2 & 3. The assignment focuses on the actors of international business and their actions in the contemporary international business context. It also provides you with opportunities to link the international theories with the practice by analysing …show more content…
Wal-Mart sensed the need of hour and knew that the international trade will give a good numbers in terms of sales and profits enhance the image and offer valuable ways by creating jobs in the process of globalization.
An analysis has been done in this regard by the company. Before going multinational following are the analysis done by any companies for the matter of fact before developing the business plan.
Commitment from the Employees team – An effective plan for the employees in the group ranging from top level to executive junior level, all should be united, does not matter even if he is supplier, every one should be under one roof as an asset for companies effective execution of the process. Proper definition of the business plan for internal employees must be designed to enter the international business environment. It becomes very much necessary to put a plan of action defining company’s present status, objectives and commitment. It will help to measure the results as whole. Very prominent factor is the investment how much the company is investing in the process of globalization whether it is 10-15% of the profit form the domestic market or options like pay as you can afford formula. The company analyzed the