Analyzing The Pros And Cons Of The Following Options

By upgrading their brand, it will help to identify the qualities of the products that set it apart from the competition. They have to make the

It also requires more of an investment and commitment by the international company which creates a higher risk. There is also the down side of having difficulty managing local resources.

(2001). Are you sure you have a strategy?. The Academy of Management Executive. 15 (4), 53.

On a medium/long terms the company has the opportunity to be the pioneer in developing a innovative product with a positive impact among clients and

Based on your Week 3 collaborative learning team discussion, submit, individually, a 350- to 700-word summary of the work completed by your team.

India has become a global conduit for business as they have liberalized their economic policies over the past 20 years. Companies are flocking to India because of many factors, including, less expensive labor costs, increasing growth rate, and an abundance of a highly skilled workforce. These factors in addition to other advantages have substantially increased the number of United States businesses looking to grow beyond the U. S borders into the county of India. Dunlop Software Consultant’s goal is to also expand its operations internationally and believes that India has the business environment to meet our goal of expansion globally.

Cost-benefit analysis is used to help decide whether or not to continue with a project, essentially weighing the pros and cons related to benefits versus the cost of achieving the desired result. Cost-benefit analysis (CBA) is a technique used to compare the total costs of a program/project with its benefits (Oxford, n.d.).

Your Brand can either open doors for you filled with opportunities or closed doors for you leaving without opportunities.

Weaknesses: no success abroad; low brand awareness; lack of the international experience of the executives; etc.

Setting up and operating a textile factory for example, comes at a fraction of the comparable cost back in the USA or UK. Also, these businesses simultaneously look to amplify the quantity and type of products/goods on offer to their consumers, of which, many of them are also offered by their partners and competitors. In turn, this has tended to gear such businesses to ruthless cost-saving exercises such as redundancies, cutting existing workforce etc. Consequently, traditional corporate 'red tape' goes out of the proverbial window and things take a turn for the worse as companies compete to offer the latest and cheapest products to the masses, sparking an almost all-out-war amongst them. The result of this is; staffing, health and safety, and regulatory adherence all find themselves taking a back seat to profit margins, and usually it is to areas of the world where needs or necessities sadly, almost always get trumped by prudence and vigilance. All this, in the name of 'saving a few bucks'.

There are high entry barriers and this constitutes a low threat for the existing companies in the industry

3. ·Lack of interest in the Brand Stewardship: employees feel that the new Vison is a loss of time for them. “If it helps to get new business, that’s great, but why are you in my office talking about this? I have a dead line to meet and I don’t see what this has to do with creating advertising”. The importance of the Brand Stewardship has to be communicated to employees.

This proposal provides blueprint to any business that tries to take over other business in International market by providing importance of cultural adaption especially Guanxi or connections in Chinese Market by providing an example of how Hotel international failed in building Roaring Dragon Hotel reputation back by ignoring the importance of cultural adaption (Guanxi Connections in this case). In addition, business should implement new methodologies considering existing methodologies unlike redundancy of employees with Guanxi connections losing its base on which the company is built.

Within every company there is a customer, regardless of what your line of business is it is being done for the consumer albeit an external consumer or the internal consumer. The customer’s needs and expectations should be the driving force behind the decisions we make and the problems we solve…the customer, not our own personal or monetary gain. As quality improves we have to make sure that we are improving what matters to our customers not want we want to improve upon for own sake.

According to a research, many companies feel that the cons outweigh the pros and that this type of business practice should not be considered anymore. It also can give the persona that a company is trying to cut corners and costs, which in turn, can look cheap. It can take away from the essence of the feel of a company. People want the special touch and do not want to be another face in the crowd. Outsourcing adds more distance between the guest and the