Monday, June 17, 2019
Integrated case study of Orion company Essay Example | Topics and Well Written Essays - 9000 words
Integrated case study of hunting watch company - Essay ExampleAccording to Ahlstrom and Bruton (2009) businesses straightaway are focused on worldwide competition and opportunities afforded by globalization. It is further mentioned that competition has increased greatly during the past two decades due to globalization and the activating forces of technological changes and major financial innovation. Management in modern environment, where tastes, likes and dislikes changes every minute, is an herculean task as it requires the leaders to create and develop an effective outline that could withstand the consumer demand, product innovation, effective human resource management, employee retention and motivation, consumer relationship, marketing, etc. Similarly, international business management requires formulating strategy that addresses all the issues hitherto mentioned, but to a fault addresses issues pertaining to organizational culture because they may be working in a different setup with people of different culture, political, legal, environmental concerns and socio economic issues. Phatak (2006) states that the need for international management arises with a firms initial involvement in international operations by way of exports of its products, technology, or services to foreign markets. Orion Food Industries produces a range of ready prepared meals for local market and distribution within West and East Malaysia has achieved national coverage with retail sale made direct to supermarket in major population centres. Further export markets also booming and according to British Press, curry has replaced fish and chips as the turning one food of choice in Europe. Assuming this as the greatest opportunity for Orion Foods and to seize the available opportunity, this report aims to provide the strengths and weaknesses of Orion Foods in regard to International Business expansion in European in terms of human resource, culture, management, market structure, and
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