Business strategies Essay

This essay has a total of 540 words and 3 pages.

business strategies

In chapter seventeen several topics for debate are presented about managing global
operations. For many global organizations, or organizations that produce or sells goods
or services in more than one country, a difficult question is how to develop and place
managers in foreign operations. Some people believe organizations should let foreign
managers run foreign subsidiaries because of the large differences among national cultures
while others believe that domestic managers should be trained to run foreign subsidiaries
because of loyalty issues.

Nation culture is the particular set of economic, political, and social values that exist
in a particular nation. This culture effects all aspects of global organizations
operations. Foreign exchange rates, banking and accounting laws, and tax codes can all
affect the profitability of foreign subsidiaries. These rules and regulations vary from
country to county. The way Japan accounts for good will varies dramatically from the way
the United Sates regulatory agency demands it be recorded. In some countries politics
play a larger role than others. In smaller less industrialized countries it may be
necessary to support specific political candidates in order to be able to establish a
profitable business. To do business in a country like Iraq you would probably have to
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