Swot Analysis : Cross Border Business

Globalisation is the growing collectiveness of our world economy, tending towards functioning as a singular entity opposed to multiple separate constituents (Longman,2002). Globalisation is not a modern process, and has been taking place for a considerable length of time as stated by Ellwood (2001:12) ‘Globalisation is a new word which describes an old process’. The process itself is fuelled by human innovation and technical progress, this in turn is spearheaded by sizable companies referred to as multinational or transnational companies (MNCs or TNCs), in an effort to expand their operations these businesses expand their global reach in search of new business opportunities, resulting in an interconnectedness between an expansive range of economies. This essay aims to assess the causes of globalisation as well as analysing its effects, not just economically but on a cultural and political level.

Globalisation is a force that became the buzzword of the 1990s. Various countries around the world have experienced a thrilling increase in trade, innovation transfer and cross-border investment flows in recent years. The effects of globalisation and the evolution of the most developed economies are difficult to separate and a few authors believe the effects of multinational enterprise to be a defining feature of globalisation (Strange, 1986).

In my opinion, immigrants are no threat to our way of life. I strongly support that not because I am also an immigrant. Immigrants bring something special with them as they move from their home country to another country. This can be proved just by looking at the current state of our country. Immigrants made Canada a multicultural country with their unique ethnicity background. They brought their authenticity to the point where everyone will be very interested in such as food and language. Not only that, it allows everyone to meet new people and a chance of learning each other’s background rather than sticking to your principles, which is boring. It allows us to look in the world in a different manner, share knowledge and be able to strengthen

Quick to react to market trends due to its supply chain design, operation & delivery

In the business industry, if businesses want to export their goods and services to other countries, they must become familiar with and adopt international and global strategies. Consequently, there are three types of international and global business strategies. The first type is international, which entails conducting a significant amount of activities outside the home country, yet its focus remains on the home market (Fung, 2014). The second type is multinational, which consists of operating in multiple countries, yet the headquarters is in its home country, not to mention that the competitive advantage will vary by country (Fung, 2014). The third and final type is global, which is when the organization treats the whole world as one market and one source of supply, not to mention, that its competitive advantage is contingent of common brands, standardized products, and global scale production (Fung,

Globalisation has been defined as “the processes rendering the world as a whole as a single place” (Robertson, 1990, p.19). With three main developments included trade, foreign direct investment (FDI) and the international transfer of knowledge and technology, it promotes the increase of Multinational Corporation (MNC), especially in US, East and South-East Asian and Western European (Kleinert, 2011). MNCs can be seen as the dominators of world trade as a consequence of sufficient global resources and operations (Clegg et al. 2011). However, managers of such MNCs are required to have sophisticated control skills

Businesses in the same industry compete against each other to meet their organization goals and sustain competitive advantage over one another. But to meet those goals, it’s important for businesses to analyze their internal and external environment to allow them to come up with new business strategies beneficial to the business. Firms can use SWOT as a starting point. SWOT is a basic technique that can be used by business owners to analyze their business and industry condition (Dess, G., Lumpkin G.T., Eisner, A., McNamara, G, 2013). Using SWOT will help business owners understand the strengths, weaknesses, opportunities and threats of their business. It would help them analyze and come up

The rapid development of economy promotes the development of multinational companies, which have become a general form rather than a special form of a company. Multinational companies carry a lot of money, production technology, management expertise and sales channels to expand their business around the world. There is no doubt that multinational companies will become the subject of an act of international relations and play an increasingly large impact on international relations.

Opening a Business is no easy task and deciding to open one will present many challenges. Some of the things to figure our before you can get proper investors would be a business plan and probably a Strengths Weaknesses opportunities and threats analysis, Long for the SWOT analysis. Investors will most likely not entertain your business unless you have a drawn out plan on how things will operate and how revenue will be made after your analysis research. Knowing how to make and how to read an analysis will help the individual learn key things they need to focus on when starting their business. In this case study I will be looking at following three companies: Acme Consulting, Interstate Travel Center, and Silvera and Sons. All three are starter companies that are looking to better their business and make more revenue to grow and be competitive with larger businesses. I will determine which business will get ther higher discount rate to provide them with greater returns.

There are many multinational companies which operate on such a high level worldwide such as Walmart, a multinational company is basically a corporation that is known to be registered in more than one country or that functions in different operations within a couple of countries. Multinational companies may consist of function between both procedures of selling goods or providing a service within different countries or continents. “Multinational companies, many of them extremely big, are today the most powerful agents of innovation” (Mattes, J. 2010)

Strategic management is an approach to help leaders forecast the direction of their organization. This approach helps organizational leaders gauge the quality of its services, products, and/or internal systems by performing internal and external audits. These audits help leaders identify the internal strengths and weakness, and the external threats and opportunities (SWOT) within a given market. This analytic framework helps leaders forecast contingencies and help leaders develop strategies to create value for key stakeholders, such as an organization’s employees. Since, strategic management is a cross-functional approach organizational alignment is imperative to an organization’s sustainability. Let’s apply the strategic management

The multinational enterprise is a company that have headquartered in one country but has operations in more than one countries (me, year). Also, it controls and manages production establishments with operations (IB book, year). Moreover, according to me (year), the MNE’s are the large corporations which both produces and sells goods and services in various countries. Consequently, the multinational enterprises seek to gain access to overseas markets, establishes the distribution network and increases global sales. For example, the largest global 500 MNE’s account for over 90% of the world’s stock of foreign direct investment and nearly half of the global trade (Rugman and Verbeke, 2013). Therefore, the international tax systems give opportunities to shift their profits between countries and subsidiaries, reduce tax bills and decrease liabilities using the legal tax avoidance and tax minimisation strategies (me, year). In addition, it enables enterprises to decrease business costs and increase overall business profitability. However, it damages the state economy and undermines trust in the tax system.

1. Introduction Global competition causes shortened life cycle for most products and companies can no longer take the polycentric approach to international business. If a company takes the polycentric approach to a foreign market, a globally oriented competitor will overcome their initial competitive advantages by blanketing the global markets with similar product in a short period of time. It is imperative for companies to acquire capabilities to generate sustainable competitive advantages over their competitors. How to source globally is a critical strategic plan influenced by the need to compete. In highly competitive markets, manufacturers either produce in low-cost locations or outsource their components from low-cost producers on

Multinational business enterprises have had a big impact on the global economy over the years because of their

Emerging Market Multinationals mainly emerged because domestic companies in developed countries saw a shift in growth pattern once they reached the peak of their economic curve. Growth slowed down and even became stagnant. This was primarily because the markets in the developed countries had already reached their optimum levels. On the other hand, this was the period of time when developing countries began to experience rapid economic growth. This prompted companies to look towards the potential and resources of these emerging markets as their source of salvation and develop