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美国康奈尔大学硕士管理学Global Management英语论文代写范例

美国康奈尔大学硕士管理学Global Management英语论文代写范例
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  • 级别 : 硕士
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详细描述

Global Management

Technology has enabled many organizations to conduct business globally and hence, it is imperative for every employee in an organization to clearly understand the implications of doing business globally. According to Clegg, Colado, and Rodriguez (2000), organizations are usually keen to maintain employees who understand the fact that for global businesses to be successful, the local policies, customs, and currencies of the countries have to be grasped. Hence, in conducting a comparable analysis for an overseas investment, we are going to compare Belgium which is a European Union member and India which is not a member of the European Union.

As a member of the EU, Belgium contributes immensely to its economy as well as in world trade especially through its port in Antwerp. However, in conducting business, the country has its advantages and disadvantages that should be put into consideration. The main advantage of the country is its city Brussels that is known as a sanctuary for inward investments. In addition, the place is good for business development due its cosmopolitan nature as it provides a good business environment. Belgium is also moving away from the more hierarchical ways of doing business and has welcomed the idea of a more matrix approach of doing things.

Even though the country has its strong points in terms of conducting business, some aspects prove to be disadvantageous to an organization as a location for a Greenfield. Belgium consists of two major ethnic groups known as the Flemish and the Walloons; these two groups have different attitudes and approaches. The ethnic groups make the country to be an internally inconsistent country and this in itself is a disadvantage for a new investment. The lack of cohesiveness is as a result of the growing behind the scenes rivalry between the two groups since the Wallonia have always dominated in many aspects. Conversely, the Flanders have always been in the background but with time their affluence has grown steadily hence creating tension in the country. Furthermore, while conducting business it would not be a wise idea to openly favor one ethnic group, as it may be a source of major hurdles in the future. Before considering it as a country to set up a Greenfield production facility, the organization should consider the ethnicity aspect as it is vital to comprehending the country’s approach to doing business.

Another disadvantage of Belgium as a country is that they have shunned away from indulging in industrial business directly. The country only relies in old and traditional industries that are perceived as dying industries and this is not a good characteristic while considering starting a new business in Belgium. The trade policies in Belgium are similar to those of the EU and it changed its currency from the Belgium Francs to the Euro. As a member of the EU, the tariffs in the country are at a very high rate and their income tax rate is deemed as one of the highest income taxes in the world(Barnard, 2007). In other aspects of conducting business in Belgium, the management style should be approached carefully. It is important for one to discuss issues at length before making conclusive decisions. Another important fact to be taken into account is that it would not be a good idea to impose change since it would definitely lead to difficulties in the future. 

In this comparative analysis, Belgium is compared to India, which is not a member of the EU and its business prospects are quite different from those in Belgium. India is a country in the south east of Asia and it is one of the fastest growing counties that can be considered as an excellent opportunity for new business. Compared to Belgium, India has a complex approach to conducting business since their economy provides numerous advantages. This is for the reason that many foreign investors are investing their money in the economy in view of the business prospects available. In addition, the country offers foreign businesses the advantage of cheap production costs; hence, the costs are much lower as compared to Belgium.

There are also a couple of advantages that would be beneficial to Acme when considering India as a location for putting up a Greenfield Production facility. The currency in India is known as the Rupee and it has been forecasted that it will continue to grow stronger due to the constant inflow of foreign currency. Therefore, selling products in the U.S currency, which is the Dollar, will make a lucrative business since the rupee is much more stable as a result of the foreign inflow. Accordingly, compared to Belgium, India’s exchange rates offer more advantages to a new investment.

Apart from its currency, India can also be considered as a haven for Acme to conduct its business as compared to Belgium because the country has quite a large population, and hence cheap labor is readily available. Furthermore, the labor available varies since it is possible to acquire both skilled and unskilled labor. In addition, due to its huge population, the demand for new products and services are equally high as compared to Belgium. The country is also not much influenced by ethnicity in terms of business like Belgium is. This provides Acme with great opportunities to conduct business as well as a lucrative market for their products. Another advantage of India over Belgium is that its location provides foreign companies with the opportunity to further explore other growing markets and exploit the economies of neighboring countries. Consequently, not only will Acme become successful in India but they will also be able to expand the Greenfield production facilities to the neighboring countries.  

Therefore, in setting up a Greenfield facility in foreign countries, Acme has to consider the locations that would be most favorable in order to become successful. Even though Belgium is an EU country, it has very little opportunities to be exploited to the advantage of the company. India on the other hand is a growing country that readily welcomes foreign investments, has cheap production costs and a fast growing economy. Therefore, India will make a perfect location for setting up Acme’s Greenfield production facility.

 

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