ZuoTi.Pro
Question

After viewing the video and reading the articles on the FCPA, discuss the difficulties managers face...

After viewing the video and reading the articles on the FCPA, discuss the difficulties managers face when expanding globally. Include current examples, outside of those in the reading, that demonstrate corporate failures in balancing profitability with adherence to the law. Support your answers with examples from the assigned reading, lectures and at least 1 credible, high-quality source of outside research.

business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Answc Todays business world is all about expansion and expansion invariably call for global reach but for all business organization expanding globally poses following challenges Culture: Every country has its unique culture and most of the national traits are common and can be stereotyped for most of nationals of that country. This poses a biggest problem for managers since these changes everything for the business. Certain which was successful in one country can be taken granted for success in another country and hence manager needs to recalibrate their actions. Also every business organization has its own culture and how to mend this in line with country requirements is also a challenge for managers. So this poses as biggest hurdle when expanding globally. Communication: Communication second biggest challenge for mangers when they are trying to expand globally. Since way of communication, understanding about a subject and a gesture differs in every country and hence this poses as a challenge Government/ Bureaucracy: Every country has different legal system and different requirements for doing same business model. Since all business models call for a specific set of activities for realization of revenue and profit any change in regulation from government pose as a to the profit earning capability of the business organization.Human resource: Finding trained and skilled human resource is another challenge which puts managers into dilemma of whether to hire locally or import from home country. Since education system in every country is different skill set available with a trained manpower is different and may not be a good match with the requirement and hence its a challenge to find right employees abroad One of the recent examples of failure to maintain profitability after expansion is Macdonald in Russia. After recent tension between US and Russia, Russia has started investigation against Macdonald which is hurting profitability of McDonald in Russia

0 0
Add a comment
Know the answer?
Add Answer to:
After viewing the video and reading the articles on the FCPA, discuss the difficulties managers face...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • PLEASE ANSWER WITH AT LEAST 200 WORDS Examine the company you work for, and discuss the...

    PLEASE ANSWER WITH AT LEAST 200 WORDS Examine the company you work for, and discuss the differences in their domestic and global marketing strategy. If you do not work for a company that has a global strategy feel free to choose another multinational corporation (MNC). In your responses to other students compare and contrast the strategy of your own company choice with theirs. Support your answers with examples from the assigned reading, lectures and at least 1 credible, high-quality source...

  • ROLE-PLAY EXERCISE On Command Corporation PROCESS You have been assigned a role in the On Command...

    ROLE-PLAY EXERCISE On Command Corporation PROCESS You have been assigned a role in the On Command Corporation case. Please read the general information (Introduction) about the case. Read and understand your role. Your teammates have different roles. Due the situation, you need to work with your team to produce an employee meeting, you have 15 minutes to present the statement and conduct the meeting – see the link attached with information about an employee meeting (you need to create a...

  • Discussion questions 1. What is the link between internal marketing and service quality in the ai...

    Discussion questions 1. What is the link between internal marketing and service quality in the airline industry? 2. What internal marketing programmes could British Airways put into place to avoid further internal unrest? What potential is there to extend auch programmes to external partners? 3. What challenges may BA face in implementing an internal marketing programme to deliver value to its customers? (1981)ǐn the context ofbank marketing ths theme has bon pururd by other, nashri oriented towards the identification of...

  • Case: Enron: Questionable Accounting Leads to CollapseIntroductionOnce upon a time, there was a gleaming...

    Case: Enron: Questionable Accounting Leads to CollapseIntroductionOnce upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant “E,” slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm laid off 4,000...

  • CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a...

    CASE 20 Enron: Not Accounting for the Future* INTRODUCTION Once upon a time, there was a gleaming office tower in Houston, Texas. In front of that gleaming tower was a giant "E" slowly revolving, flashing in the hot Texas sun. But in 2001, the Enron Corporation, which once ranked among the top Fortune 500 companies, would collapse under a mountain of debt that had been concealed through a complex scheme of off-balance-sheet partnerships. Forced to declare bankruptcy, the energy firm...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT