You are a manager working for an international company and have just been promoted to Global Acquisitions. Your firm is a US leader in athletic footwear and wants to expand overseas thinking that the international segments would love your products. Additionally, this expansion can also include lower manufacturing costs then experienced in the United States.
You are to create an argument for this move to upper management based on careful analysis of a) cultural implications b) a culture analysis for a country that your firm might seek expansion to and c) implications of global management.
You get to choose the country in Europe, Asia or Africa. Write an essay that includes all three items. Please note your reply must be comprehensive. This denotes that all work must include proper title page and bibliography. Your work minimally should three to four pages and follow the proper rules for APA guidelines including but not limited to spelling and grammar. Please note that the use of “wiki’s” are unacceptable in academic work as are blogs and unauthorized websites. Included in this are the use of sites such as “dictionary.com.” All reference works must be scholarly therefore it is suggested to use the available links in the electronic library to aid your efforts.
Answer preview
Furthermore, global management introduces the firm to new competitors due to increased market dominance. This means that competition globally may get stiffer and require a constant need for innovation always to be ahead of the vicious competitors. The reason as to why competition gets stiffer is because, at a global level, there are new operational strategies for each firm in the field meaning that for a firm to achieve dominance, it must always see and reason ahead of all the other competitors (Hit & Li et al., 2016). Global management requires the management to introduce new policies and programs that facilitate the training of employees to handle the new methods of operations. Also, there is a need to recruit new employees from the new country to minimize the technicalities of transferring employees from the location of the headquarters. Such programs help to ensure the recruitment of capable employees and that the existing employees remain competent to handle the new changes in the organization.
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