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N120 G BA - International Business | Lenovo Group Ltd

   

Added on  2020-03-02

15 Pages3364 Words111 Views
Running head: International Business 1INTERNATIONAL BUSINESSStudent NameInstitution

International Business 2Table of ContentsIntroduction.................................................................................................................................................4Body............................................................................................................................................................4A.Opportunity and threats caused by globalization............................................................................41.Opportunities that globalization creates for decision-makers.....................................................52.Threats that globalization creates for decision makers...............................................................7B.Lessons international business managers learn...............................................................................9Conclusion.................................................................................................................................................12References.................................................................................................................................................13

International Business 3

International Business 4IntroductionGlobalization is a phenomenon that poses both opportunity and threat business at nationaland multinational level. The situation is also similar in emerging market with the multinationalcorporation most likely to experience challenging decision-making process. Emerging marketsare countries with traits similar to developed countries though these countries do not meet thethreshold for developed countries. Some examples of emerging markets include China, Russia,Brazil, and India. China is an example of emerging market that has characteristics of developedcountries though it has a larger economy, China has not developed the country. The mainexample of Multinational Corporation (MNC) is Lenovo Group Ltd. Lenovo Group Ltd is anorganization based in Beijing China and manufacture and sells a range of IT devices andelectronics such as computers, phones, and workstations. Globalization has increasedopportunity and also poses threat to both local and international businesses. This also influencesthe decision that managers make pertaining multinational investing within the internationalbusiness platform. Moreover, there are numerous lessons that international managers can belearned on the interplay of differences between home and host countries. The following reportexplores opportunities and threats that globalization has on MNC from emerging market citingsome lessons international managers can learn from the host and home country differences.BodyA.Opportunity and threats caused by globalizationGlobalization has both opportunity and threats to a multinational corporation operatingwithin the international business. Globalization has facilitated trade within the internationalmarket and this is also characterized by some threats to both local and international

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