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Essay / Research Paper Abstract
This 8 page paper looks at the way that international firms deal with the different environments that they have to operate within. This paper gives a general overview of several issues, including different approaches used to deal with differing labor laws, trade regulations, accounting requirements, cultural differences and HRM issues. The bibliography cites 8 sources.
Page Count:
8 pages (~225 words per page)
File: TS14_TEinmang1.rtf
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Unformatted sample text from the term paper:
necessity, comply with local regulations and operate within different trading policy environment is faced with different languages. Soft issues such as culture, which can include employment relations and labor standards
also need to be dealt with. In many cases terms appear to have universal systems in place, implementing the same policies and strategies across the global operations, with only minor
differences. Firms such as Nissan have universal processes and procedures which are utilized correct their entire operations, but this does not mean that all aspects of the operation of completely
standardized. The process of internationalization will from another company to determine and develop processes for different markets or countries as they find out
about that country. Barlett and Ghoshal (1998) identify of four strategies which can be chosen by for operations when companies seek to become or are multinational corporations. These are followed
through in a sequential including multinational, international, transnational and global (Mintzberg et al, 2003). Many companies may be seen as traversing these but most remain at the international stage only
a few companies are able to claim a true global presence such as major oil companies and companies such as Coca-Cola. Even companies such as McDonalds are only verging on
a true global presence The Uppsala Model is another model that looks at the internationalization process. This is a model that
states there is a logical process to international expansion, this starts with exporting first direct exporting and secondly with the help of independent agents, then there may be the development
of subsidiaries and then the establishment of facilities for production in the country (Johanson and Vahlne, 1993). Initially there may be the use of the services or goods is
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