Wesfarmers International Business Expansion Strategies

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Desklib provides past papers and solved assignments for students. This presentation analyzes Wesfarmers' international business strategies.
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INTERNATIONAL BUSINESS ACROSS
BORDER
Company name: Wesfarmers
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TABLE OF CONTENT
Introduction
Overview of an organization
International competitive strategy
Supply chain management
Management of Human resource across border
Key issues and opportunities for management
Recommendations for improvement
Conclusion
References
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INTRODUCTION
Globalization is helpful for maximize firm attribute to interact with others in a
best suited manner.
This presentation is focused on expansion of business across the border in an
effective manner with consideration of Wesfarmers.
This presentation will be covered the strategies for internationalization with
structure and issues.
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OVERVIEW OF AN ORGANIZATION
Wesfarmers is a famous retail section business situated in Perth with
establishment year of 1914.
The major areas where Wesfarmers are currently operation:
New Zealand
India
China
United Kingdom
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INTERNATIONAL COMPETITIVE STRATEGY
Competitive strategies are such sort of framework which enable a business to
grow in an effective manner.
The strategies to remain competitive at international market are identified as
follow:
Proper management of diversified portfolio
Offshore Acquisition
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SUPPLY CHAIN MANAGEMENT
Supply chain management is a process through which goods can be process in a
suitable manner.
Wesfarmers limited are using effective supply chain management to delivery
their products and services to different number of clients.
Wesfarmers is incorporating ethical programmers which define as follow:
100% increase in suppliers base
Close relationship with suppliers
Underpinning of policy of ethical sourcing
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MANAGEMENT OF HUMAN RESOURCE
ACROSS BORDER
Human resource management is crucial across the border and consider as hard
aspect for business.
Wesfarmers are using their experts in order to manage various diversified
individual in an effective manner.
Suitable leadership approach is required to use for motivating people so that
human resource get manage properly.
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KEY ISSUES AND OPPORTUNITIES FOR
MANAGEMENT
Wesfarmers has identified different opportunities and issues for business across
the border.
The opportunity for Wesfarmers across the border are as follow:
Interact with new clients
Use of new technology
Sales enhancement with profit maximization
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RECOMMENDATIONS FOR IMPROVEMENT
Wesfarmers has determine certain recommendations on which management
need to work in an efficient manner:
Effective assessment of market for managing activities in a best suited
manner by conducting research.
Determination of different HR policies of different locations for managing
people.
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CONCLUSION
It get interpret from presentation that international management of business
across border is not an easy thing.
International process across border gets done with the use of suitable
competitive strategy like portfolio management, offshore acquisition etc.
Supply chain management process has helped in effective arrangement of
operations for distribution of goods and services.
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REFERENCES
Binder, J., 2016. Global project management: communication, collaboration
and management across borders. Routledge.
Deresky, H., 2017. International management: Managing across borders and
cultures. Pearson Education India.
Hernández-Perlines, F., Moreno-García, J. and Yañez-Araque, B., 2016. The
mediating role of competitive strategy in international entrepreneurial
orientation. Journal of Business Research, 69(11), pp.5383-5389.
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