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Factors Contributing to a Globalized Economy and Expatriate Success in International Management

   

Added on  2023-01-06

9 Pages2776 Words65 Views
International
Management

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
A) Critically discuss the evidence about expatriate failure, especially with regard to cultural
adjustment and consider the factors that maximise expatriate success.......................................1
B) Discuss the factors that contribute to the notion of a globalised economy demonstrating a
awarenesses of ethically sound and accountable international policies......................................3
CONCLUSION ...............................................................................................................................6
REFERENCES................................................................................................................................7

INTRODUCTION
An international management is a procedure that is used by the business as in order to
emphasis the profit and sales share so that working potential is increases with continuity. In this
set of skills and knowledge is enhanced as while managing the operating regulations so that
organised outcome is generated with standardised period of instance (Bateman, Snell and
Konopaske, 2017). It basically refer to the transaction of goods and services by which
technicalities and range of scaling is increases. The following report is based on PWC
(PricewaterhouseCoopers) which is a multinational service network firm that has been operated
as while performing partnership under PWC brand. The report below consist of certain evidence
dependent on expatriate failure as in regard cultural adjustment that maximise expatriate success.
In addition also include various factors that contribute towards nation of globalised economy.
MAIN BODY
A) Critically discuss the evidence about expatriate failure, especially with regard to cultural
adjustment and consider the factors that maximise expatriate success.
In relation to international management is it required for the business that they must have
maintain effective understanding about the different resources that has been used to make
suitable supply of various goods and services in constant basis. In this cultural aspect is the basic
fundamental that is considerate by each and every expatriate as while moving in international
market. As per the passage of time business environment has been shifted towards global trading
and in this volatility is being increases on continuous basis (Beamish and Lupton, 2016). On the
other hand due to the pandemic attack of COVID there is certain fragility that is developed with
competitive market. In this unacceptable and unsustainable development is addressed due to
which unemployment has been raised, home repossessions is increases, wage is getting freezes,
pension deficit is developed and higher age of retirement is induced so that various consequences
of crisis is developed. In order to manage sustain success and growth it is required that
management of PWC must have consider international economies, working under international
strategies and change in business as per context of national abilities.
As while making adjustment with cross-cultural the employee's of PWC must have
considerate various factors through which expatriate success is enhanced. As per the increment
of hyper competition business characteristic is increases under which strong and aggressive
1

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