International business and managerial implications, Business Management

International business and managerial implications

As Havana tries to expand its business internationally, there are few aspects that need to be taken into consideration. Firstly, the choice of target markets is important as these markets should broaden the scope and increase the demand of the company. Secondly, sustainability is a critical factor. When Havana tries to expand to markets such as Africa, Mexico etc., the organization should begin with the advertising and financial management aspects. These would enhance the sustainability and create the right climate in the target environments.

When Havana enters in the international market, competitiveness is yet another aspect. In these scenarios, the company should give importance to unique techniques such as negotiations, attractions and evaluation of environment support to the business. These would help Havana to overcome the competition and manage the needs of the customers in a better way. The managerial implications in case of target costing are enormous (Helms et al, 2005).

Companies that employ target costing strategies are capable to manage the international differences in the prices and also establish an efficient supply chain in the target market. Some of the other broader lessons are based on customer relationship management, risk management and employee management.


Posted Date: 3/7/2013 3:16:57 AM | Location : United States

Related Discussions:- International business and managerial implications, Assignment Help, Ask Question on International business and managerial implications, Get Answer, Expert's Help, International business and managerial implications Discussions

Write discussion on International business and managerial implications
Your posts are moderated
Related Questions
Understand the concept of leadership and management, and demonstrate sound knowledge and understanding of the concepts, theories and disciplines which underpin business and managem

The process controls mainly pertain to the activities which are required to be carried out at any particular stage of the process. Often the final product will comprise of a

What is Breakeven Analysis? Breakeven Analysis: It implies that at several point in the operations, total revenue equivalents total cost. This analysis is concerned along

Q. Evaluate the results of the experiment? Ans. Thomas Lord carried out a practical experiment to investigate Ohm's law as part of his engineering science assignment. The

Question: (i) Give two examples of diffusion models that could be used to forecast the sales of a new product. (ii) With reference to common pattern portrayed by the lifecy

Quality audit is an appraisal of the whole quality control. It is not so much concerned with the quality of the product as with the quality of the product as with the adequa

QUESTION 1 What is meant by inventory? 2 Name the typical items carried in inventory 3 What are the assumptions for the Economic Order Quantity (EOQ)? 4 What are the c

Just  in time  production is defined as philosophy that  focuses attention on eliminating waste by purchasing or manufacturing  just enough of the right items just in  time It i

You have been asked to do a presentation about the uses of spreadsheets to aid the day to day running of processes within the different areas of their business, to solve complex pr

Question 1: Analyse the circumstances under which an employer would be justified in terminating his worker's contract of employment under the Employment Rights Act. Questio