Importance of Expatriates in International Business

INTERNATIONAL
MANAGEMENT

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................1

INTRODUCTION
International business describes their concept which includes the trade and business
activities of goods, services, capital, technology as well as knowledge across national boundaries
or within international market. This activity helps the business organizations to put together all
the fields of buying and selling, speculation, expertise, features and communiqué. This report
will portray the thoughts about the reasons regarding usage of expatriates in globalised economy
along with the causes of their failure. Apart from this, the study will also highlight the
impression of various implications of the findings.
MAIN BODY
Businesses expand their operations across their national boundaries in order to seek various
opportunities to operate their business activities in other countries. Such kind of expansions
usually presents various opportunities as well as challenges while working in foreign
environment. In most of the cases, the role, experiences, knowledge, skill and talent of the
expatriate manager can have a major impact on the organization and it’s subordinate. Expatriate
managers are those who are not residents of the host country but are employed because of their
expertise and specialised knowledge as well as operational abilities. The expatriates have been
utilized by the firms as they are able to bring the culture and processes of the home country
business to the new office which is situated at the host country (Shaffer, M., 2018). Most of the
expatriates have worked within their company’s local offices, so that they will understand the
way in which office works.
The above description helps to understand that expatriates are important in order to transfer
culture from one country to another and this act as a biggest barrier as well while working at
outside home country. The culture has been described in detail and efficiently by Edward T. Hall
who describe the culture study in detail with the help of Culture Iceberg model. The researcher
develops this model to analyse the culture and states that if the culture within the society is the
iceberg, then there are some aspects which are visible above the water level but, there is even
larger portion hidden beneath the water surface.