Essays on International Management

Executive Summary

In the year 2008, Boffi was considered to be among foremost companies of Italy in the production of the high-class kitchens with a combined turnover of around seventy-one million euros. Boffi Spa won the award in kitchen sector named "Compassod'Oro", which was a significant design award given by “Italian Industrial Design Association” to the companies and the products that eminent themselves for design philosophy and hard work. At the very beginning, Boffi was just a gigantic dream that emerged from a small laboratory; after seventy years of its foundation, product lines of Boffi were dispensed in more than sixty ...

Organizational Structure

Any organization that intends to succeed in achieving its goals and objectives must ensure that there is a proper organizational structure. An organizational culture is critical as it helps define acceptable behavior within an organization while establishing efficient working mechanisms. Unique Supplies (Wales) Limited has done a commendable job of making an effort to establish an organizational structure. However, it does not appear to be in congruence with its goals and objectives as evidenced by the drop in productivity and an unfriendly working environment. An organizational structure is not only an instrument meant for the internal working of the ...

International management in an Asian context: Business life and management in China

Introduction Globalization has complicated the management process. As such, for one to be an effective manager, that individual needs to understand the global context of the management process. Fundamentally, one needs to appreciate the role of culture in the management process (Luthans & Doh, 2014). As such, the paper shall examine several features of the Chinese society and evaluate the ways they will affect the management process.

Discussion

Culture sensitivity is highly linked to effective management (Luthans & Doh, 2014). Considering the Chinese society, the Chinese have been socialized to believe that they are the descendants of Hun. As such, the Hun ...

Multicultural workplaces provide one of the most potent challenges in international management. International management involves controlling a diverse workplace that is often stretched out on many countries. This creates a situation where the ethical dilemmas faced by a manager in a certain country may not be applicable to his colleagues and subordinates in another country. It mostly boils down to a matter of perception. Furthermore, this also dovetails with company policies regarding labor negotiations and trade unions. In international management it can become difficult to coordinate all activities of negotiating with employees from different countries with their own special ...

Objective

CardConnect Company faces challenges in international management. In the recent past, the company has failed to formulate an effective strategy, structuring an appropriate organizational design and managing people in an international surrounding. The CardConnect firm is forced to handle technical, economic and social differences in the business environment. Although CardConnect has reached the global market scene, it still faces international challenges while competing with other credit card companies. CardConnect firm should take precaution to protect the Clover (POS company) because it is depicted as one of the commonly applied computing systems around the world. The hackers have targeted the ...

Human resource management (HRM) is tasked with the challenging undertaking of hiring and assigning individuals to roles that they can perform efficiently. In this context, having high knowledge on the effective strategies and policies for recruiting and training employees becomes mandatory. This is practical with the recruitment and management of expatriate managers due to the sophisticated nature of their work. Recruitment entails searching and getting potential job candidates in adequate numbers and quality to appoint the most suitable individuals to fill the desired positions. The selection includes the procedure for collecting information to inform the decision of deciding the ...

Introduction

The international management is the modern concerns of the companies with the increase in globalization and internationalization. It is an important part of international business. The management in international business includes the similar management aspects include planning, organizing, leading and controlling of multicultural areas of the business (Rozkwitalska & Gdanska, 2009). BUMET International Inc. has recently changed its management for Asian region that includes Japan, Korea, China, Thailand, Vietnam, Indonesia, and Malaysia. The executive management has to consider the differences in the culture of these countries before practicing the management. For this purpose, it is important to compare different cultures ...

The International Management Group (IMG) is an organisation that is responsible for the identification, recruitment, and management of talent throughout the world. IMG has its headquarters in New York City. The company was established more than fifty years and it has grown to include branches in more than twenty-five countries. The Creative Artists Agency is an American talent organisation founded in 1975. Like the International Management Group, this organisation is responsible for the identification, recruitment, and management of talented people. The purpose of this paper is to investigate contract law in regards to the Creative Artists Agency and The ...

What is the impact of effective formulation and implementation of strategies for venturing in international and global operations in Heineken Inc?

Abstract

Global business strategy depicts the process under which organizations assesses the future prospects of the firm towards achieving its objectives. Every successful organization engages in strategic planning plus those with global business operations as they seek to position themselves towards taking full advantage of the worldwide trend and opportunities. The notion behind the strategic decisions is normally based on the specific objectives, power, relationships, performance, economic and resources, technological, social and cultural result in change of the strategy. International strategy embraces the determination based on the correct balance between the global standardization and the integration plus the local responsiveness. ...

Globalization brings about the needs of global companies to operate more efficiently with the aim to gain competitive advantages and to face the contemporary issues and challenges in the contemporary world. A critical factor in optimizing organizational efficient operations of these companies is the IHRM (Guest et al., 2000a; Guest et al., 2000b). The HRM operations helps in developing and motivating the workforce of the companies to improve skills, knowledge, and the modernization required for the companies to vie with ...

Company History

Gucci, a renowned international luxury goods seller was founded by Guccio Gucci in 1923 Florence as a small shop that dealt in leather goods (Frisa, 2011, pg7). He later expanded the shop from a repair shop selling goods from Germany to a workshop which made the famous Gucci brands. The business greatly expanded in the following years with a large expansion realized in the late 20’s (Frisa, 2011, pg8). The sanctions imposed by Mussolini however meant that the company would have to reduce its annual growth and potential for expansion. The importation of leather was expensive and this led to the use of ...

Question 1: Cultural differences between the companies

Organizational culture refers to shared norms and values within members of a given organization. These are the dominant values, beliefs and attitudes held by the organization’s employees. It can also be defined as the set of knowledge forms and basic assumptions commons amongst organizational members. Organizational culture is largely influenced by the society in which it exists. A merger between Excelsior Manufacturing and Quality Instrumentation creates a diverse and global team. Such teams are a source of competitive advantage and production efficiency. Mergers create concerns into international management. In determining the core elements in which the two organizations culture may be ...

Critical Review

Thesis This is a critical review on research paper Case Studies on Successful M&A Practices in Acer & Lenovo: A Dynamic Capabilities Perspective. The first section of this paper will discuss the purpose, rationale and related literature of this research paper. The second section will discuss the research methodology and design used in this paper. The final section will discuss the main findings and the implication related to this study.

Introduction

Historical information shows that about 70% of the M&A (merger & acquisitions) have led to value destruction and only 30% of the M&A lead to value creation. This case of empirical ...

[Institution Title] The different social structure theories perceives that societal, financial, and social arrangements or social structures are among the prime cause of deviant and criminal behaviors. Given this effect, it has been significantly noted that because of this society is placed at the mercy of it these institutions to help preserve order and help protect the integrity of man’s basic human rights. Many believed that crimes had only been conceptualized when the world began embracing “order” and started formulating social institutions in the likes of government and trade. While these institutions are believed to be the ...

Introduction

Globalization has been changing the world in many ways. And, hence, even the organizations need to follow the rules and norms associated with it. The organization, which is planning to expand abroad, needs to analyze the external environment and then, focus upon developing the international strategies. However, it has been observed that, such organizations often focus upon the issues of international configuration such as dimensions of globalization, levels of globalization, international composition and international management so as to handle the challenges in a better way. It has been noticed that, while implementing the international strategies, the same managers are ...

(PROFESSOR NAME)

Introduction My first memories of my father’s office have been those of sitting in his leather swivel chair and holding the phone to my ear. As a toddler, I used to spend hours engrossed with the things in my father’s office – pen-stand, papers, paper weights, and the endless people that kept coming and going to meet him. He used to always be busy meeting people, planning something or talking on the phone. He used to dress in a shirt and tie always – the very image of the busy entrepreneur. As the son of a businessman, I ...

Abstract

With virtually everything going international, globalization has become an inevitable concept. Technology has reduced, and to some extent eliminated the miles between the nations across the world – a situation that has seen business among people and organization from various countries flourish. The shortening and elimination of the distances has seen a rapid growth in the number of multinational corporations in the last three decades. Research indicates that internationalization of the firm is no longer an affair for the big organizations. On the contrary, small and medium enterprises are operating globally, with e-commerce being the main form of business. With globalization come ...

Introduction

Toyota’s core business is being the global manufacturer of automotive and has an extended structure including subsidiaries and plants in over 170 countries. Having an extensive global and geographical coverage puts the corporation at a risky position due to outside forces exerted by the global external environment. The external business environment is the core determiner of success and continuous progress of the business. The Japan Corporation faces imminent challenges in sustaining its operation around the globe due to economic and social-cultural factors that create commotion and inappropriate conditions for the existence of a car manufacturing industry. Considering the fact that ...

A leader motivates people, takes decision for the organization, creates and implements plans, and provides direction to achieve the goals. Depending on the type of leader, various leadership styles are defined. Some common forms of leadership styles are Autocratic leadership, Bureaucratic leadership, Charismatic leadership, and Laissez-Faire leadership to name a few. The leadership styles that work in one country may not work in other country due to diversity in culture. Every leader must practice a leadership style suited according to their nature. In general there are older professionals who are used to authoritative leadership style of a new generation (Bonnici 2011). The ...

Personal Statement

Undoubtedly, building and developing a career is immensely exciting, as well as a challenging step in life, but is worthy since it builds and sets a base leading to a successful career. It is my believe that, admitted in your institution to peruse International management & Banking and Finance is a grand opportunity to nurture and develop my dream of working in an international corporation. Munich Business School, has been my choice for a long time, and therefore, will be my best institution to undertake International Management & banking and Finance. Together, with my work experience, personal attributes, goals, talents, as well as skills, Munich Business School ...