International Management Assignment Solved (Doc)
Added on 2020-12-31
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INTERNATIONAL MANAGEMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 2............................................................................................................................................1a) Challenges faced by leadership, leadership required to face these challenges and trainingrequired by the employees......................................................................................................1CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6
INTRODUCTIONInternational Management of business is defined as the process of managing the affairs ofthe business internationally. For this, it requires huge level of knowledge and skills and businessexpertise and should be familiar with the rules and regulations for carrying its business across thedifferent countries (Deresky, 2017). A company should be familiar about country's localcustoms, laws, culture etc in order to carry out their business across different countries. In thisreport Apple is taken as organisation, Apple is a multinational company operating its businessacross the world. This report discusses about the challenges Apple faces in operating its businessin various countries, leadership skills and challenges it faces in its leadership and what type oftraining is required for its employees in order to carry out its business smoothly across the world.TASK 2a) Challenges faced by leadership, leadership required to face these challenges and trainingrequired by the employees.As companies keeps on expanding there will be rise of cross cultural and multinationalteams so the culture plays an important role in managing international business. A effectivecommunication is very important for the success of any international business. This kind ofculture is very important when there is high risk of getting loss of translation of the messages.But effective communication culture will fill this gap by making the use of non verbalcommunication which might prove crucial for multinational businesses. Work place etiquettes inthe organisation also plays an important role in improving the business internationally likepunctuality, proper working hours, positive attitudes etc can help in making the internationalbusiness effective. Another role of organisational culture is establishing proper organisationalhierarchy and the positive attitude about the management roles also varies in different cultures. Key organisational and national cultural characteristic includes an organisation should seteffective goals setting and effective sharing of goals, building a team work within anorganisation, boosting employees morale, providing training and development programs, properand strong leadership should be implemented for the healthy organisation, a company is ready totake risks, a company should be capable to adapt the changes and opportunities available inmarket. 1
Global virtual teams is a type of a team which helps a company in engaging its teammembers and also helps in the delivering the projects of the company with making no or limitedinteraction with other members of the team physically. This helps a multinational company tomake use of the capable and most efficient talent available in their global base of employees. Inglobal virtual teams, different teams and members may not meet each other face to face but carryout their operations of the projects through a technology called VOIP (Voice Over InternetProtocol) and also through other virtual meetings and Sharepoint(Coates and et.al, 2015). Inpresent, economical issues have forced many companies to select various project teams acrossthe globe by doing so this help in saving company's time as well money like using mobilephones, mails, video conferences etc, this has resulted in the rise of global virtual teams acrossthe globe. Global virtual team have proved to be beneficial for Apple in carrying out theirbusiness across the world. It has helped the company in minimizing the expenses such as utilitiesand other expenses (International Management, 2018). It has also helped the company to reducecosts due to which it has reduce the operational expenses, cost of raw materials, salaries etc.With the help of global virtual teams a company has been able make use of talent across theglobe. This has also helped in the training of the capable employees who can deliver their tasksconsistently which helps a company in achieving its gaols at the global level. This will increasethe level of production of the company. It brings flexibility in the company. With the help ofglobal virtual teams, it make the teams available 24 hours and are working continuously. It hasincreased speed of specific projects and also resulted in the development of the projects in shortperiod of time, this has directly helped company in meeting the requirements of local as well asthe requirements of international markets that too efficiently(Bilezikian and et.al., 2014). Itprovides employee opportunities of growth and development. It also brings satisfaction for thoseemployees who are not willing to shift their families from one place to another place at nationallevel or international level. They can easily take up the projects and work on it without gettingrelocated. Global virtual teams helps in saving the cost and improve the environmental savings,as there will no requirement to travel from one place to another, it also helps in saving otherexpenses like water, carbon emissions in travelling, heating, gas etc as employees space arereduced with the help of global virtual teams.Leaders have to face a number of challenges in managing the team effectively that toowhen the team members of the company are scattered across the world this will definitely bring a2
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