International Business Essay Example | Topics and Well Written Essays - 500 words - 11

International Business - Essay Example Globalization enabled investors to enter new potential regions with innovative business ideas. Today companies, governments, and non-governmental organizations have access to equity fund providers. Numerous equity companies are willing to invest in global market providing international business organizations with human capital and equity capital support. For instance, companies like Hamilton Bradshaw assist international companies by supporting expansion, development, and recapitalization. Changing global economy will certainly demand more equity support and outsourcing help in future. It will promote more entrepreneurs entering the global capital market because the aftermath of the recent recession would persist throughout the next decade. Governmental policies across the world on privatization also have contributed to the emergence of capital market. 2. In order to be competitive in a free global market with no trade barriers and restrictions, a company has to expand its business to international level. In the current business environment of cutthroat competition, a company is forced to seek new potential areas and alternatives for business consistency. To illustrate, the absence of constraints has enabled international business entrepreneurs to enter and dominate domestic markets of any area. If critiques are to b believed, many of the indigenous businesses and small scale or cottage industries are at the verge of extinction. It happens as the international giants come up with machine-made quality products at cheaper cost to acquire the local market. They have advanced technological backup and cost effective mode of business operation that enable them to manufacture products in bulk. In contrast, local business groups rely on conventional strategies and out-dated organizational structures which presumably add to their failure. However, business expansion is not a difficult task for modern organizations as they

Organisational Change and Development Essay Example | Topics and Well Written Essays - 1000 words - 1

Organisational Change and Development - Essay Example Change management in organizations is conducted differently depending on the management structure in charge of the organization. The different approaches used in change management have led to the development of theories and functions associated with different organizational change perspectives. Change management techniques continue to change depending on technology and new approaches developed in managing organizations. The first perspective in organizational change was the structural and functional approach. This approach focused on an organization as a ‘functional mechanical’ unit and as such its focus was on the arrangement of tasks or procedures of each organizational part. The structural-functional approach looked into reorganizational of each organizational part as a contribution to the whole. Another change perspective that was adopted is the multiple constituencies’ approach that centered on people as the driver of change in an organization. This perceptio n main strategy was to focus on resource needs of people and how people contribute to change in an organization. The organizational development perspective was another approach used in organizational management. This approach embraces the combination of the two earlier perspectives with the focus on systems, stakeholders and governance. The multiple constituencies approach relies heavily on governance with a focus on changing organization through methodologies. The last perspective in the organizational change management is that of creativity and volition which reveals the challenges or assumptions of critical theory. This perspective outlines that people are the most important factor in bringing about change in the organization. This last perspective departs from other perspectives by focusing on rational change while ignoring emergent processes which create problems for the organization.