International Business Management: Strategies to Manage Political Risk, Ethical Theories, and Staffing Approaches

This report discusses strategies to manage international political risk, ethical theories for managing ethics within international business, and approaches to staffing in international business management. It emphasizes the importance of ethical theories in managing business ethics for international business and the role of staffing in developing fundamental roles within business growth. The report also highlights the significance of female managers in staffing and recruitment. The subject is International Business Management, and the course code and college/university are not mentioned.

INTERNATIONAL
BUSINESS MANAGEMENT

TABLE OF CONTENTS
MAIN BODY 3
The strategies to manage the international political risk-............................................................3
B Purpose and implications of ethical theories for managing ethics within international
business 4
C Approaches to staffing 6
REFERENCES 1

MAIN BODY
International business management holds huge importance in recent global business
functional abilities, based on strengthened new business growth goals and extended further
determined pace. The international business management, further paces significant importance
towards determined engagement based on significant engagement about ethics, in international
business goals for technical strengthened outputs. Research in recent study will determine
extensive importance about international business goals, extensive development for productive
abilities. The recent report will discuss about strategies to manage international political risk for
technical working expertise, and also evolve towards determined risks which are associated
among business decisions. Study will determine importance about various ethical theories of
international business goals, based on improved working expertise for authentic competitive
performance. Research in report will also evolve focus on extended approaches of staffing, based
on specific women staffing which enables to determine improved functional growth.
The strategies to manage the international political risk-
Political risk occurs when the investment returns has the risk and
could suffer as the political changes or the instability in the country. The political risks arise
when the policy is changed by the government to change the exchange rates and the interest rates
which are imposed for controlling them (Liu and et.al., 2021). These policy changes can be such
as the trade barriers which hinders the international trade. It is very important to manage these
international political risk because the tariffs and quotas helps in protecting the domestic
producers from the competitors of the host country. These have the negative impact on the
foreign company and these can be improved by the trying to prove the foreign country that
without the activities of the company nothing can be done as this can be done by controlling the
raw materials, distribution channels as well as technology in the foreign country.
The international political risk can be managed by using the
effective strategies through the defensive and integrative political risk management. This method
of the managing the international political risk is also known as the non engaged method. The
main aim of this management of the political risk is that it is designed to reduce the integration to
the foreign market or the host market as well as discouraging the host government for
interference in the operations of the businesses (Hopkin , 2018). Some examples of the defensive

management of the political risk are such as the company limits the amount and the quantity of
the manufacturing of the local or limitation on the local manufacturing of the host country,
avoiding the public media or government interaction, quick compliance of the laws and
regulations of the host or foreign country, and they do not attempt of change or have any power
or influence the policies of the government. As by this, it can be seen that this management of
political risk when used by the company they can effectively reduce the exposure of the
government as well as they can reduce or eliminate the government engaging in the issues of the
company.
The other Defensive approaches which can be used to manage the political risk are such as-
Risk Insurance- This approach can be used as the political risk insurance through the public and
private agencies. Risk assurance further paces significant rise to evolve on towards fundamental
working pathways , and expand cultural functional growth for business domains to develop best
productive decisions.
Contingency planning- This approach can be used to evaluate the possible responses which can
happen for the dramatic event as well as highlighting the other strategic options for managing the
political risk. Companies by investing on contingency planning, are able to bring functional
growth aspects, develop optimistic working and strengthen up cultural pace to be evolved on for
extended pathways dynamically.
Splitting Operations- This approach can be used for spreading the operations in the host or the
foreign country. Like for example, attracting less attention by having the smaller sites. Setting of
operations by splitting new resources is essential for businesses to develop timely growth,
enhances working vision dynamically and enables business to competently advance rise towards
extended benchmarks. The splitting operations, further shapes profound working synergies to
advance growth scope productively and generate quicker returns on business grounds
dynamically.
Host Plus One strategy- This strategy or approach can be used for duplication of the subsidiary
and locating it to the another place. Along with this, it will also provide the bargaining power
with the government of the host country and making sure that the operations of the business are
going in smooth way (Clark, 2018). It is one of the best hot plus one strategy, used towards new
extended business decisions for strengthening working expertise and generate rapid competitive
vision for extending functional growth. Corporate scenarios are also known to further determine

higher strategic growth pace, among working decisions to be evolved on for stringent working
decisions.
The other approach is integrative which helps to manage the political risk for the company. This
method is also known as the engaged method whose aim is to influence the government policy of
the host country. It also aims to become less foreign in the host country so they normally do not
target the government actions (Linkov, and et.al., 2018). It is designed to attract the local
government to the operations of the company as well as prevent the impact of political factors by
contributing to the foreign country. This method ensures that it develop close relations with the
foreign country’s government. The relationship can be established by providing various benefits
to the foreign country. Here the company provides various investments to the country which
helps the country in financial-related matters. Also, the company collaborates with the existing
companies in the country so that they can both be benefitted from the same. Here the company is
in a profitable situation as an existing company will have full knowledge of the market and can
help the company in establishing its brand image in the foreign country (Kobrin, 2020).
There are various differences in both of these approaches that lead to the difference in the
application pattern. One of the main differences is that the defensive approach tries to avoid
engaging with the foreign country’s government, while the integrative approach forms a
relationship with the government. The integrative approach helps the company in establishing its
root in the other country which improves the financial position of the company, as in the
defensive approach company does not fully come out in the market as they try to keep a low
profile in the country which does not support the financial position of the company. There are
various methods involved in the defensive approach which wants continuous investment to
support the company in a foreign country, while there are no such methods involved in the
integrative approach as they get their support from the government.
The integrative approach helps the company to get knowledge of the market with the help
of local companies, which the defensive approach cannot provide to the company because of
maintaining a low profile. The integrative approach tries to influence the policies of the foreign
countries while the defensive approach is the opposite in the matter as they do not try to
influence the policy of a foreign country’s government. In the integrative approach know how to
use the local managers of the foreign country while in the defensive approach they tend to avoid
taking the help of the local managers. The integrative approach gets the loans from local

financial bodies which increases the interest of those investors in the success of the company,
while in the defensive approach they do not borrow money from the local investors which do not
increase the interest of those investors in the success of the company. Sometimes the defensive
approach is better for the company as the company can comply with the rules of the foreign
country and stay away from their matter while the integrative approach can sometimes be a risk
for the expanding policy of the company.
B Purpose and implications of ethical theories for managing ethics within international business
The ethical theories for managing ethics in international business management plays crucial role
for developing untapped goals worked on, for strengthened rapport and engagement based on
functional long term vision. Ethical theories of management, significantly develops rapport for
improved ethical services management among business grounds for strengthened optimized
growth. International business demands companies to perform strong range of working
operations, based on productive working criteria for competitive engagement among
stakeholders for wider scale rapport technical strength. The purpose of ethical theories in
managing business ethics for international business, is to deliver best functional outcome and
also enable competitive global functional growth informatively. It can be also analysed that
ethical theories, implications further forms functional essential importance about developed
working international business grounds (France, Merrilees and Miller,2016).
. The purpose is to further informatively adhere towards best ethical purposes of functional
goals, significantly improvise working criteria and also primitively open up scope for
competitive expertise. It can be also analyzed that international business scenarios are diversely
essential, for technical growth determinants based on productive scope for productive results
within longer time period.
Utilitarianism theory is morality that advocates actions that fosters happiness, pleasure and
oppose actions where unhappiness or harm is present., The directed actions towards making
social, economic and political decisions within philosophy aims to evolve towards betterment of
working criteria. The theory also productively aims to constitute wide edge working goals, based
on functional productive business ethics formation within longer time period. It can be also
analyzed that theory enables new ethical norms to be continued based on social, economic and
philosophy aspects evolves rise towards productive society goals diversely.

It further redefines wellness, structure among working business and enables competitive
determinants for developing primitive working goals based on wider scale development.
Utilitarianism is one of the best theory under business ethics, essential to shape competitive
vision and significantly evolve towards wider productive leadership goals. It can be also
analyzed that theory strengthens base for new engaged morality, advocates vision towards
developed determined goals and shapes company organisational behaviour (The top 20
performance marketing strategies for 2020, 2020).The theory is also productively known to bring
on best revenue results , extended determined pace towards evolved rise for consistent
management competencies among working grounds. Business ethics are also known to further
shape consistent determined pace, based on long term growth aspects for wider quality results.
Another ethical business theory is deontological ethics theory, which holds at least some
acts which are morally obligatory regardless of human welfare should be focused on. The theory
further is highly informative about virtue, own regard and specific care aspects based on justice
oriented goals for working synergies manifestation. The international business is primitively
diverse, where extensive scope towards best functional vision is evolved for strengthening its
determined business criteria domains. It enables accuracy parameters to be developed on
accurately, engage on towards productive working criteria and shape consistent edge benchmarks
for diverse growth scope productively. The ethical business theory shapes functional growth
goals, based on long term results efficacy aspects and strengthen up competitive engagement
towards determined pace aspects. Corporate business goals are further redefined based on
competitive business goals, extensive working leveraged growth and synergies for corporate
competitive development domains. It further paces significant rise towards untapped business
goals, extensive scope to pertain long term goodwill targets dynamically on extended decisions
(Fetscherin and et.al., 2019).
Deontological theory states that ethical behavior should follow an established set of rules
or principles in all types of situations, among corporate businesses. It can be also evaluated that
actual outcome of established moral principles may differ, from ethical core actions where there
are varied working scenarios attached. The theory aims to competently develop awareness of
best business ethics management, significantly evolve towards determined criteria for extensive
development paradigms diversely. It can be also analyzed that ethically business transformation
can be achieved, based on specific formation goals based on technical improved functional

growth paradigms. The business ethics further have keen role, to engage towards determined
pace goals where it opens up scope for higher working results and strategic working potencies.
The ethical business theories have wide scope towards developing productive scenarios,
strengthening commitment in workforce and also developing rapport among management for
extensive motivation growth. It can be analyzed that business ethics further strengthens
functional improvement among technical standards and enable optimum vision to be evolved
further. Theory aims to competently bring on productive scope, for determined paradigms based
on strengthened quality outputs for longer outputs. This rapidly defines wider quality growth
international business aspects, wider new technical revenue growth to be evolved on
competitively for companies (Fernández Reyes and Reyes, 2018).
Business ethics enables company to develop stringent rise among professional
working goals, evolve on competent working engagement goals diversely for determined
competent productivity. It can be also analyzed that business ethics significantly advances scope
towards stringent abilities, based on determined progressive standards for engaged wellness. The
business ethics further form authentic competent role to improvise extensive scope, based on
competitive abilities towards determined long term returns. The business professional ethics
further form extensive scope to evolve on best technical yield goals, for extensive growth
paradigms based on management in business ethics. Internationally businesses should follow
extensive rise on evolvement in business ethics management goals, for extensive scope for
determined productive technical growth domains. The international businesses platforms further
advances scope towards technical functional goals, based on determined operative benchmarks
for higher reveue growth .
C Approaches to staffing
Approaches of staffing, have strong role for developing fundamental role within
business growth There are various approaches of international business management, which aims
to effectively develop best staffing management goals while recruitment for developing
competent vision diversely. There is also further diverse importance attached to staffing of
female managers, based on specific talents and active working lifestyle parameters for attaining
extensive working growth. Staffing and recruitments plays essential role, in improvising working
quality and active competitive abilities, based on strengthened determined pace standard.
Staffing manifests profound working synergies and explores profound working competitive

abilities. Approaches of staffing holds huge important role, to develop working expertise and
shape consistency among working criteria for keen developed benchmarks actively on wider
domains. Globally with new market demands and extensive scope rising towards fundamental
scope, accuracy can be achieved only with fundamental scope to redefine longer term retaining
surge. Internaionally companies are strategically investing to bring forward wider scale
functional goals, technically shape positive attitude and give best diverse benchmarks to
employees. The approaches of staffing further rapidly evolves fundamental growth, to shape
optimistic pathways and synergize strengthened working domains. International business
management significantly demands companies to recruit best talents, and train them with full
working efficacy paradigms for pertaining towards determined expertise (Dechawatanapaisal,
2018).
Global approach: The global approach of staffing enables to develop diverse recruitments within
company on basis of talents, skills diversification and higher competitive work goals. Global
approach enables to develop extended best recruitments, on functional growth criteria and
strengthened determined paradigms based on extended determined scope. On basis of global
approach, women managers with best working talents are able to get best exposure on varied
working platforms, and also primitively show best talents within companies working grounds.
Within global approach, new development is further developed on for untapped technical
strength within business decisions and also determines developed abilities (Couto and Ferreira,
2017). Global approach rapidly advances scope towards new professional working standards,
significantly pacing working benchmarks to be further redefined dynamically. Companies
internationally are investing towards new talents recruitment, higher competitive abilities and
redefining further extensive working abilities for determined scope within longer time run. It
can be also analyzed that global approach enables business decisions to be formed productively
on basis of long term targets, extended determined pace to redefine abilities. Globally, staffing
approach enables business goals to be productively shaped on for extensive profound
competitive abilities on extensive growth paradigms .
Hofstede framework: The Hofstede framework of culture primitively brings forward, best range
of functional vision and creative working opportunities for all sections of people who look for
new growth working opportunities. It can be also analyzed as one of the best framework, where
approach significantly aims to competently advance working scope for wider scale determined

pace. It can be also analyzed that Hofstede framework further aims to collectively enhance
company staffing approach, and give women managers equal new work opportunities. Under
framework, employees are being given wide scale working opportunity and extensively bring on
competitive growth surge for extended determined pathways on new grounds. It enables creative
working scenarios to be recruited in company, based on equal and diverse workplace goals and
also connects towards optimistic pathways competitively. There is also significant importance
attached to Hofstede culture framework, for shaping accuracy paradigms and connectively
developing best working abilities among business standards for all employees. The framework
competently aims to competitively determine best technical scope for evolved growth
benchmarks. Recruitments are further diversified best scope, to develop technical growth in best
workforce evolvement for strengthened optimized vision abilities profoundly. It can be also
analyzed that framework aims to significantly improvise working scenarios, based on rapid
determined paradigms where scaling up abilities form scope towards yielding best expertise
diversely (Carlquist and Juncker, 2019).
Balance sheet rate approach: The Balance sheet approach further is essentially most dominantly
used approach among companies in recent time, where employees are recruited on basis of equal
talents. It can be also analyzed that balance sheet further strengthens working determinants; to
improvise new quality perspective and significantly improvise new targets for wider long term
growth abilities. It also enables to given women manager showcase new opportunities, learn
productive skills and progressively expand determined pathways diversely. It redefines working
vision, technically advances scope for higher growth abilities, competitive attitude and extended
long term retaining surge (Brexendorf and Keller, 2017).
The balance sheet approach, widely redefines abilities within recruitment
procedures, and significantly works towards progressive growth for primitive engagement
abilities. Approach further extensively brings forward optimistic aspects to develop scope, for
significant benchmarks for rapid vision for technical scope. There has been rapid vision growth
evolved on, to generate technical profit abilities based on competitive scope to determine
technical growth for goodwill growth. By developing specific rapport among working domains
as per company overall long term objectives, new scale working extensive productivity is further
redefined. It also forms competent working synergies, based on dynamic keen optimized goals
for extensive growth rapidly on untapped domains.

Going rate approach: The going rate approach, also called as localization approach is
significantly one of the most easy and quick implementation approach for companies in business
grounds within international business. Going rate approach gives equal pay opportunities within
workforce, redefines competitive abilities and determines rapid functional growth avenues for
companies. It can be also analyzed that going rate approach aims to collectively expand
determined growth benchmarks, generate rapid connective abilities and determines optimistic
standards. Localisation approach of recruitment is essentially one of the best recruitment
parameter, for redefining cultural working abilities and give employees equal working platforms.
With localization under pace, companies are able to determine vision and profoundly generate
authentic functional growth towards untapped criteria determinants (Bhagwa. and Bach, 2016).
This paces competitive growth benchmarks on extended scope, keenly evolves rise towards
working grounds and advances growth for companies best workforce development.
The above discussed approaches of staffing further explains specific importance of
developing best talented workforce growth competitively, strengthening creative advancement
among business domains. Companies inn international business market, by further strengthening
rapid innovation and developing rapport among workforce will be able to determine extensive
growth, significantly expand commercial productivity. It also primitively aims to significantly
expand determined pace, by evolving to reach towards competitive strengthened outputs.
International businesses have to further reclaim competitive goals and determine competitive
staffing for extensive scope. Staffing approaches determines company extensive vision, and
aptitude for developing rapport among management expertise which significantly rises higher
quality outputs and generates vision growth rapidly. Goodwill of company is further redefined,
based on wider scale working productive techniques and leveraging quicker rise towards
productive keen scenarios (Abbas, 2019).
CONCLUSION
The research has concluded international business management, further develops
wider scale scope to be evolved on for productive vision on wider scale. Report has summarized
best international management theories , for staffing in international business recruitment
criteria for authentic untapped goals diversely. Strategies to manage political risk, have been

concluded within study for developing authentic functional growth criteria based on rapid edge
goals. Study has concluded that international staffing is further redefined, towards optimizing
wellness goals for extensive higher scale productivity potentialities. International business
management further redefines stronger edge goals for developing untapped goals based on
determined competent synergies for stronger goodwill and revenue paradigms. Study has also
summarized specific importance related to determined technical aspects , based on authentic
long term working targets and primitively shaping extended scope among companies.

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strategies-2020>
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