Strategic Management Plan For PPQ Parts

ABSTRACT

With the investment in technology and the power of the Internet has made it easier for businesses, big or small, to take their company and globalize it. It used to be that the most profitable and largest companies were the ones who were able to afford in building a multinational corporation. Thanks to Skype, Google Docs LinkedIn and cloud computing, which is available and affordable makes this possible. Globalizing a company can be very good for business because if you look at it, the domestic market has been well penetrated by domestic businesses and corporations and when it comes to the growth of revenue and share, it is showing little change. The international market is constantly sought potential and growth and development and there are new opportunities for competitors to invest overseas. Many people like you and I are also expanding globally when we purchase products online and we should expect our domestic counterparts to do the same. When going international, they offer capabilities that are attractive, different technologies and different access to the market. When it comes to the pressure of cost and regulations, they are significantly lower overseas.

Strategic Management Plan For PPQ Parts

Introduction

Although there are many advantages to globalize the Corporation, there are many issues to overcome when doing so. In this paper I will explain what some of the issues of what a host for the country could face as a result of expansion, explain what cultural barriers and diverse city issues are commonly encountered by international/multinational and global organizations and also why diverse city has become an important topic in the international arena. All also described what can occur when issues related to multiculturalism and diversity are ignored in an international company, described to political and economic issues that may arise during global expansion and propose methods of addressing them and also explain the importance of and the implications in the PPQ Parts's expansion plans to Germany and Japan.

Managers have a technique when it comes to understanding forces that can affect the company, which is through environmental scanning. This helps managers identify any type of trends that is happening allowing them to gather information about various conditions that can affect their operations and to make plans to do with those conditions that may cause change. A few ways of identifying these trends can include reading the Wall Street Journal, watching the news, Fortune Magazine, Business Week, conversations with peers. In order to understand environmental scanning, we have to understand the aspects of this technique and what components of the global environment it analyzes.

Discussion

Environmental Scanning

Businesses operate under political rules. The political environment with the development of public policy can affect business operations. The other environmental factor that can influence a company is economics. Interest rates, unemployment rates, GDP and national debt have influences on business operations. They can be both domestic and global. Global events also need to be taken into consideration. An example would be the volcanic eruption that happened in ...