Factors Contributing to Expatriate Success and Failure in International Management

International
Management
(Part 2)

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
Critically discusses with evidence about expatriate failure....................................................3
Discuss factors that can maximise expatriate success............................................................5
Discuss the factors that contribute to the notion of a globalised economy............................6
CONCLUSION ...............................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
International management is a process of managing business activities and aspects
developed in foreign markets. Globalisation have reduced barriers between borders of different
countries around the globe which have given rise to international business (Cohen, 2018).
Therefore, international business is known as a process involved in taking business into new
places around the globe and developing company's presence in new location by effective
management of processes, governance and related other features for carrying out the practices of
business. The concept of culture is a key factor which affects international business transactions
in both positive and negative manner. In terms of business culture refers to the work culture of
the place in which the individual is being moving for company's work and other related
elements.
Work culture flexibility and suitability can hinder or foster the actions taken by the
individual working in a new culture on company's behalf influencing directly on firms overall
performance. The report will be covering a thorough analysis and evaluation of the term
expatriate, the factors which can bring in potential contribution to expatriate and some examples
which caused expatriate business failures because of lack of understanding of such factors.
Moving along those features which can maximise expatriate success are evaluated as well.
Alongside, number of factors which contributes to the notion of globalised economy are
examined for highlighting over the awareness of ethical and accountable international policies.
MAIN BODY
Critically discusses with evidence about expatriate failure
Expatriate is an individual who is living in a new location and moved due to work
purposes. The professional who are expatriates moves to new place of work is most often is for
temporary basis and their movement took place due to their expertise and aim which the firm
needs to attain.
Expatriate Process involves movement of employee form their domestic locations to
new international market either on project basis which is temporary or for longer period by
offering them a transfer for higher position and a potential career development option.
Factors contributing to expatriate failure: