Question

Describe the different ways organizations can go international?

Answer 1

The external environment includes both political/legal and economic factors.  As part of the environment, both of these factors influence organizational performance.  For global organizations, these factors become more important and complex because organizations now have to dealwith the political and economic environments of the countries in which they operate.  For example, now managers not only have to know what is legal (or illegal) in their home country but also the countries in which they sell or manufacture their products or services.7. Can the GLOBE framework presented in this chapter be used to guide managers in a Thai hospital or a government agency in Venezuela? Explain.Yes, the GLOBE framework discussed in Chapter 3 is applicable to both situations. Managers must first understand the unique cultural characteristics of each country in order to modify management decisions and practices.8. What challenges might confront a Mexican manager transferred to the United States to manage a manufacturing plant in Tucson, Arizona? Will these issues be the same for a U.S. manager transferred to Guadalajara? Explain.The Mexican manager would have to become familiar with the legal-political, economic, and cultural environments of the United States. The cultural environment would be particularly challenging, since the national culture of Mexico varies greatly from the national culture of the UnitedStates in three out of five of Hofstadter’s dimensions. On the individualism-collectivism dimension, Mexico is a more collective society, whereas the United States is more individualistic. In the power distance dimension, Mexico rates high, while the United States rates low. In the uncertaintyavoidance dimension, Mexico again rates high, while the United States rates low.

Answer 2

Ways through which organization can become international

Explanation:

in order to become an international company an organization can select one among the following methods-

1. Franchising is one way on entering the foreign market where a successful brand enters into foreign market through branches which is operated by people of respective country and offer franchise fees for it.
2. Export is another method of entering foreign market where goods are produced in home country and send to the buyer market for sale.
3. Joint venture is a type of  partnership between two firms or people for a particular business venture and hence a joint venture with foreign company helps in entering into that particular country.
4. Buying a foreign company to enter into a new country so that foreign market can be captured.

Learn more:

Advantage and disadvantage of international business

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