Essays on Business Studies

Introduction

Every business ought to have strong and attractive public relations to ensure that it appeals to its potential market. Public relations deal with the way an organization portrays itself to the public. In developing strong public relations, an organization ought to create a persuasive mission statement, which will enhance the ability to portray it as an entity that stands for ethical business practices and able to meet its obligations as a responsible business organization. The current paper provides insight on the way an effective mission statement can be developed to enhance the success of a business. Specifically, it will ...

Hofstede, Trompeenaars, and Javidan conducted three different research studies with the aim of establishing the key values from which they developed different dimensions that are used to define organizational culture across different countries, thus establish the types of cultures (Trompeenaars, 364). However, their research strategies were different. For instance, Hofstede conducted an employee interview across sixty-six countries. He only used the results of forty countries. On the other hand, Trompeenaars’ research was based on 40 countries. He collected data through questionnaires from over forty-six thousand managers. Javidan research was conducted in over sixty-two countries and involved more than one ...

The Business of International Business is Culture

-Geert Hofstede

Views on the International Business Perspectives

International communication has been the research topic of various scholars and disciplines for several decades. The phenomena of globalization brought upon internationalization and growth of businesses, thus resulting into practicality and necessity of it. Due to the increase in business opportunities’ number beyond the borders of their own country, numerous organizations choose to extend their activities abroad frequently without understanding that the prospective financial growth can result into disastrous conditions because of the inappropriate communication with the individuals from the other countries. One of the typical misconceptions among the executives of the enterprises is that business communication ...

One of the most common entry strategies for MNCs is the joint venture. Why are so many companies opting for this strategy as they attempt to expand into overseas markets (E.g. US based Wal-Mart, the world's largest retailer, entered Brazil in 1995 by forming a 60:40 joint venture with one of the country's leading business conglomerates, Grupo Garantia)? Please provide specific examples and a rationale for your response. It is extremely common for MNC’s to use joint venture to build local alliances when entering into business in a new country or market. Joint ventures allow the international ...

Introduction

Lenovo is the Chinese company headquarters in Beijing, china and the second head quarter is in North Carolina, United States. The company Lenovo is indulged in the making of the personal computers, tablets, smart phones, and a lot of IT software, workstations, televisions, servers, and smart televisions. The Lenovo is successful in getting the largest unit sales. They develop, design and manufacture all the items mentioned above. They market the think pad for the notebook computers. Similarly, idea pads for the notebook computers. Idea center helps the desktop line, and yoga line helps in marketing the notebook laptops and ...

Japan is often referred to in the field of international relations as the Land of the Rising Sun. With its economy being the third largest in the world, suggesting that this country and its inherent culture plays a significant role in the planet and especially in the region would indeed have some merits. The objective of this paper is to focus on Roland Barthes’ book about Japan as an Empire of Signs and the validity of the points he raised about the country, using other works such as that of Sofia Coppola’s lost in Translation, among others. The ...

Essay synopsis

Introduction to Management Introduction The management challenges are those problems with that the manager and administration make hard struggles to come up with the solutions. Most of the field experts and research studies have found that most business problems and challenges are usually derived from the lack of communication or unorganized communication (Njomo 38). Drucker (17, 18) has stated in his book that the management challenges are not new but they have been remained a part of the organisations and business from decades. Some of the major challenges include technology, leadership, creativity, innovation and competitive advantage. These challenges are ...

Introduction

Strong leadership skills are imperative for every organization since employees are attracted by leaders who understand varied workplace situations and are able to design ways through which workers stay motivated. Three themes that are fundamental attributes of competent leaders include the ability to lead and influence actions of employees, ability to promote work-life balance and the need for leaders to impact positively in an organization such that their contributions to the organizations will forever be remembered. The three themes were brought forward by the guest speakers Mark Herley, Martin Plant and Michelle whose presentations provided useful insights on factors ...

Suzlon Energy Inc.

Suzlon Energy Inc. is a global corporation that is the fifth largest wind energy company in the world. It was started in 1995 when a textile company in Surat bought two wind turbine generators to help reduce the amount of electricity used and ensure its steady supply when there is no power. This led to the beginning of the wind energy business in India. Over the years, Suzlon’s biggest customers began to make their operations global and thus required consistent sales and terms of service across countries. However, this was a great challenge to the General Manager of ...

Government-Business Relations

Predominantly, free trade entails trade between two or more countries where there is an elimination of restrictions such as import duties, local production subsidies, import licenses, and export bounties. The common argument used to support free trade is that countries have different resources endowment. Therefore, each country should specialize in the production of goods and services in which it has a comparative cost advantage. Varying levels of technology required for resource exploitation necessitate the need for countries with advanced technology to invest in other countries where technological knowledge is less developed. The decision to allow foreign investment involves some ...