NameUniversityCourseTutorDateInternational Business ManagementIntroductionA Local troupe find it beneficial on tone ending spherical . The leaving of international enable the caller-out to expand its grocery size through the access of remote foodstuffs . This forget have an adverse positive impact of increase the go with s aim of sells , that imply increased profitability level in the situation where a corporation is profit maximising . The decision for the gild to go global require an rating of the assertable trade opportunities that are certain to change the company s productivity Therefore , release global by a company become significant only if the company is liable(predicate) to improve its overall performanceOther than improving the company s performance , going global can be perceive as a risk management strategy . This follows from the fact that different market locations face varied market conditions that are certain to travel the company s performance in varied ways . avocation these mixed effects on the company s performance , the company can be able to enhance sustainability in the long haul on the reason that , it can depend on another(prenominal) markets when some markets do not seem to be acting as expected (El-Said and Becker , 2002 . Therefore , it can be perceived as a policy that is meant to reduce the risks associated with market changesGoing global by a company can also be perceived as a means over which a company is meant to improve its fight . This follows from the fact that , going global will pose greater competition challenge to the company , that will support an incentive over which the company will improve its efficiency and at the same time , promoting its competitiveness in the local market .
Therefore , portraying the going of global as a strategy to move a company to a higher gear of competition that is meant to improve the company s market share in the local market (Alon and Shenkar , 2003The act of going global by any company does not just happen arbitrary for it to realize the benefits of going global , but it requires the designing of strategies in a sane manner . The rationality of designing the strategies need to be guide by the designing officers looking at a tally of issues . The issues need to be considered include the market condition at the targeted foreign market , economic policies in the foreign sylvan , business practices and also the culture of the societies in which the company is intending to hazard among other issues as they will addressed in the stop of theThe aims at addressing on the possible strategies that PALTEK Company should take in it extending it operations to foreign countries The starts at providing the overview of the company on identifying its operations and the nature of the industry in which it is operating This will provide a basis over which the possible strategies will be formulated in relation to the conditions in the foreign market . All this will be guided by the possible attempts that can be...If you want to get a full essay, found it on our website:
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