Can someone do my Week 5 Discussion plus comments in Strategic Planning for Organizations?
Week 5 Discussion
May 18, 2021May 18 at 11:06am
The difference between multinational corporations and multinational corporations.
An international company manufactures and sells its products in its country of origin, but sells products in other countries/regions of the world. An international company is defined as "a company that manufactures products. At home. And distributes and sells overseas" (Abraham, 2012). A multinational company is a company with manufacturing plants all over the world that can manufacture products and distribute them to any plant in any country. The definition of a multinational company is "a company that uses a centralized strategy and method to market a product that can continue to meet the needs of customers in different countries/regions, and can be purchased, manufactured, researched, developed, and managed anywhere in the world" (Abraham, 2012)). The company's products are sold all over the world, which is the largest.
Choose two international strategies, define each strategy, and compare and contrast each strategy. Users can choose one strategy instead of another, and then choose the type of industry that best suits the strategy.
When doing business in another country, it is important to consider the ethical issues facing the company. "Companies that conduct international business often face ethical dilemmas" (Abraham, 2012).It is important that executives take the time to consider all the ethical issues that their company will face before becoming a multinational company and doing business with other countries. This should be part of the strategic planning stage and should be discussed in detail in advance. Get involved in international business. Another international strategy I chose is export and market expansion. For companies doing business with other countries/regions, it is important to study their regulations. "They don't need a presence in the host country, they only need to understand transportation and freight, insurance and customs regulations" (Abraham, 2012). As with moral dilemmas, exports and market expansion must be considered in strategic planning. Both international strategies are important for an organization to understand the type of market it enters and the country's rules and regulations. However, the organization needs to be aware of the ethical dilemmas that it will encounter if its products are moved to the country. Before moving to another country, please check in which country your product works and is sold in that country.
Consider how ethical values and corporate social responsibility (CSR) challenge strategic processes and planned results.
It is important for any organization to understand that creating or expanding an organization has ethical value and corporate social responsibility. Organizations have the responsibility not only to serve the public, but also to serve the financial interests of shareholders (Abraham, 2012). Taking the right steps in the strategic planning process will create a more successful business for everyone. This will satisfy consumers and shareholders. With the development of the company, corporate social responsibility can create more employment opportunities. Bring greater financial stability to the company and shareholders; if these factors are not considered in the planning process, the organization will encounter problems and concerns in the future.
What are the main ethical considerations for each selected international strategy?
In order to meet the expectations of corporate ethics and social responsibility, what kind of strategic plan should be accompanied by an international strategy? Moral issues are very important. Every company needs to consider when planning to become a global or international company. These companies need to understand and understand the culture in which they operate and take it into consideration during the planning stage. Where do they go and make sure that their products meet the needs of the country’s society. Once ethical considerations are determined and followed, the company must strategically plan its exports and market expansion, review the products offered to the public, and consider the financial interests of shareholders. They comply with all the rules and regulations of the country, as they may differ from the rules and regulations used. By solving a country’s moral dilemma and then analyzing product exports to that country, a company can develop into an international company.
Resources:
Abraham, S. (2012). Strategic Management for Organizations. Bridgepoint Education. [Electronic version]. Retrieved from: https://content.ashford.edu/