O&O Consulting, International Business, Strategies, Action
O&O Consulting is a major human resource firm within the local and regional market extending to cover the United States, Canada. We pride ourselves in providing excellent and relevant strategic, managerial solutions to our clients who range exclusively of medium sized firms to multinationals. We attribute this to our strong work ethic to efficacy and accuracy in task performances. This is alongside stretching the professional and educational limits of members with an objective of providing fresh challenges and contributing to the overall academic and professional development of members.
This report aims at providing an overview to the challenges posed to organizations that are intending to extend their operations into both the regional and global markets. A major reason why most organizations fail in the pursuit of globalization is not necessarily due to the strong competition experienced by other established multinationals but rather the lack of foresight on the bottlenecks present in participating within these markets. As such, they fail to incorporate means of solving or going around such bottlenecks in their strategic decision making.
[...] Conclusion Barriers to international trade will always be present due to the asymmetries in markets. It is incumbent for multinationals to view trade barriers as opportunities; taking active steps towards understanding and inclusion in business strategies. Major trends within the global market include; Counter-purchases Often in major industrial exchanges, a local firm may agree to buy a given quantity of the processed good as long as the foreign exporter in return purchases a certain percentage of its raw materials from the locals; paying in the local currency. [...]
[...] However, how effectively these objectives are attained and at what cost remains a center of debate for most economists versus governments (Henson and Wilson). Trade restrictions usually take the form of trade bans. Trade bans draw into focus the role of international political bodies e.g. United Nations, European Union and NATO. Often, trade restrictions are a direct reflection of the political interests of the member states. Trade restrictions may prohibit direct trade relations between members and certain states with regard to all or certain items e.g. weapons. [...]
[...] [Online] Available at: HYPERLINK "http://www.rchoetzlein.com/theory/2010/myth-of-the-free- market/" http://www.rchoetzlein.com/theory/2010/myth-of-the-free- market/ [Accessed 9 April 2012]. Keneth, A Barriers to International Business. [Online] Available at: HYPERLINK "http://ezinearticles.com/?Barriers-to-International- Business&id=5389809" http://ezinearticles.com/?Barriers-to- International-Business&id=5389809 [Accessed 26 April 2012]. Radcliffe, B The Basics Of Tariffs And Trade Barriers. [Online] Available at: HYPERLINK "http://www.investopedia.com/articles/economics/08/tariff-trade- barrier-basics.asp" "axzz1t8fTeIUd" http://www.investopedia.com/articles/economics/08/tariff-trade-barrier- basics.asp#axzz1t8fTeIUd [Accessed 26 April 2012]. Rosener, J.D Seven Barriers to Successful International Business. [Online] Available at: HYPERLINK "http://www.pepperlaw.com/publications_article.aspx?ArticleKey=183" http://www.pepperlaw.com/publications_article.aspx?ArticleKey=183 [Accessed 26 April 2012]. [...]
[...] Identifying barriers to international business 2. Deconstructing the relationship between these barriers and international business 3. Providing a summary of the major trends in international business and anticipated future developments. Research Plan and Analysis Research Plan The research makes use of secondary data. Empirical studies from peer reviewed studies covering the periods 1990 till now will form the bulk of the data. This period is selected since it marks the large-scale shift of business interests to the global market. The period has also seen much literature surface within the field of business due to intensified increase in the mainstream research into global business management and strategies. [...]
[...] O&O Consulting - International Business Strategies in Action Executive Summary O&O Consulting is a major human resource firm within the local and regional market extending to cover the United States, Canada. We pride ourselves in providing excellent and relevant strategic, managerial solutions to our clients who range exclusively of medium sized firms to multinationals. We attribute this to our strong work ethic to efficacy and accuracy in task performances. This is alongside stretching the professional and educational limits of members with an objective of providing fresh challenges and contributing to the overall academic and professional development of members. [...]
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