Tuesday, June 11, 2019
Implementation of Transnational Strategy Research Paper
Implementation of Transnational Strategy - Research Paper ExampleWith all its advantages to the organization, a transnational dodging has numerous problems with the organization. These challenges may include Culture diversity Global businesses have a market in antithetic foreign countries worldwide. Meeting the needs of these confused foreign countries is a challenge because diverse cultures come with different preferences. Operating with a single strategy, for example, marketing will be a challenge because single cannot advertise something like pork to Muslims (Simon Harris, 2010).Unexpected additional costs It is better for a subsidiary to manage its expenses and activities than the head office to do the same.Different locations will have different expenses and legal requirements and there it is always difficult to budget for all subsidiaries at once without considering their business environments. Political influences Global businesses will involve exposure to different poli cy-making environments. The political environment will determine the success of the strategy. In the case of unfair political interventions in various markets, the strategy fails but when the political influence favors the global business, the strategy implementation succeeds.Communication barriers Global business involves communicating the business values and strategies. There is a need for a fundamental parley language and understanding of the foreign languages.Subsidiary managers, for example, need to be trained to understand the languages in the countries they are representing their company
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