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
What are categories of ratios for financial position and performance? Usually, there are four main categories of ratios every attempting to measure the financial position and p

Q. Explains the short note of Breaking Business Barriers? The Information Technology smashes traditional barriers to strategic business success. Computer as well as telecommuni

What are the steps of collective bargaining process? The steps comprised in collective bargaining process are as given below: a. Putting up before management, through the em

Question 1 Herring (1994: introduction) claims that "men and women have recognizably different styles in posting to the Internet". Discuss. Question 2 (a) Often women

What are the important terms in the workmen compensation act 1923s? Workmen Compensation Act 1923: The significant terms into the Workmen Compensation Act 1923 are as illustrat

explain the rating plan method of plant location

Question 1: (a). Elaborate on the stages that form the writing process and explain the value of spending time on the first two stages. Justify their importance. (b). Show wr

1.(a) identify and give out the explanation of different categories of legal system. (b) How is legal system in bznz enforce

Problem 1: (a) What is the definition of Business Process Outsourcing according to Gartner Dataquest? (b) BPO deals mainly with non-core processes of an organisation. Descri

QUESTION Corporate Social Responsibility (CSR) is generally used to describe business's efforts to achieve sustainable outcomes by committing to good business practices and sta