International management Essay Example | Topics and Well Written Essays - 3000 words - 2

International management - Essay Example The organizations worldwide face a number of challenges when they decide to go global. This is a common problem that they face since they do not have any prior knowledge or understanding of the new territory that they will do their business from. However, what best they can do is to find out and research the strengths and weaknesses of this area and hence upon getting the much-needed knowledge, base their theories and strategies in a much more effective and efficient manner. This will help one and all to better understand what the new territory, region or country offers the business and the people associated with it. The best thing is that the benefits and disadvantages are determined even before the organization goes the global way and thus it saves itself from embarrassment which it might face without having the proper knowledge and adequate research within it. The ways and means that are usually taken care of whilst managing a business are aplenty and it is only up to the top mana gement within a company that the same can be handled in several different methods. They are the ones to decide as to what is the real manner in which the firm’s operations would be handled as well as who will head the respective departments, lead the business strategic units and act as legal and media representatives of the said business.