Enlist any four challenges faced by service organization while going international.
Answers
4 challenges faced by service organization going international are:
1. Finding real Market requirement
Key to success in business is offering products and services for which customers have a intense need. Customer has problem that needs a solution and service provides solution in such an effective way that its benefits aren't difficult to interact.
2. Dilution of Brand-Name Power
Internet movies and other types of entertainment in American culture and corporate symbols of that culture i.e. brand names are famous throughout the globe. This doesn't mean American companies & rsquo products will be famous when introduced in other countries.
3. Cultural Nuance
Consumers are boosts to buy products by marketing messages delivered through media including print media as magazines. Humor is sometimes used in commercial messages to get consumer pay attention. But what is considered very funny in one culture can be taken as insulting in other culture.
4. Communication Style
Business executives from various countries can encounter many barriers to effective communication besides obvious language problems. Traditional pace of business negotiations can be different.Americans want to hurry negotiations whereas in other countries stress is placed on building relationships before a business deal is considered.
The 4 challenges faced by the service organization while going international are:
1. physical distance: There is nothing as being there on person for prospects, shipping and logistics.
2. Unfamiliar cultures: The way in which people interact with each other in social setting and overcoming cultural challenges.
3. Tariffs and export fees: Countries charge companies for bringing goods. So financial planning and globalization are important.
4. Human resource: It is important to meet manpower requirements in any foreign land.