Describe globalization and its benefit to business operation

Assignment Help Financial Management
Reference no: EM131939465

Consider an organization you work for, have worked for, or would like to work for. Then, identify a country in which they do business or might do business outside of the United States.

You also may select a company in contemporary business news that conducts business globally.

Discuss the key differences in cultural variables between the United States and the country that are important when conducting business in the selected country.

What are the implications of these differences for the practice of business? Consider political, economic, legal, educational, and social systems of the selected country.

Include a response to the following questions in your discussion writing at least one paragraph for each bullet point:

Describe globalization and its benefits to business operations.

What kind of management orientation style (ethnocentric, polycentric, regiocentric, geocentric) would you use to be most effective given the cultural attributes of the country?

How would you overcome the anticipated barriers to communication? Provide specific examples.

Reference no: EM131939465

Questions Cloud

What types of information would you seek : Distinguish between the different social media platforms and domains. Identify appropriate uses and best practices in using social media.
Journalize the payment of wages and record the payroll tax : The amount of federal income taxes withheld each month is $1,698. Journalize the payment of wages and record the payroll tax on November 29
Eliminate negative customer feelings : Think of a time when you have been put on hold or stood in a line. What could service providers do or say to eliminate negative customer feelings in such
Investment house in boston : Matt owns a ski instruction school in the Berkshire Mountains, a dog training academy in Connecticut, and an investment house in Boston.
Describe globalization and its benefit to business operation : Discuss the key differences in cultural variables between the United States and the country that are important when conducting business in the selected country.
What amount of interest expense would magic report : Magic Enterprises borrowed $18,000 from the local bank on Julyl 1, 2010, What amount of interest expense would Magic report on the 2010 income statement
Organizational ability of the hospital : Which is more important in managed care, the capital and organizational ability of the hospital/managed care organization
Describe a potential capital investment project : Describe and estimate specific investment needs and cash flows for the project.Identify and describe a potential capital investment project.
Advise marble on the taxation implication of the transaction : How would your advice differ if Marble had sold the machine for only $55,000 (GST inclusive) to a company that has the same shareholders as Marble?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd