For the project of this course, you will select any one of the following companies and analyze how leaders of your chosen company handled various international issues and challenges.
Week 1: Globalization and International Leadership
In this assignment, you will explore how globalization of businesses has given rise to several new challenges that leaders must address when doing business in the global arena.
An organizational leader’s goal should be to achieve well beyond what was expected on the basis of the other organizational inputs available. This rule applies to leaders in domestic companies as well as multinational companies (MNCs). There are many advantages of international operations. Perhaps the greatest advantage is that firms can gain new customers for their products and services, which increases revenues. Other advantages are that costs and risks can be spread over a wide number of markets—diversification helps to reduce risks. While larger markets offer the advantage of economies of scale, MNCs can also establish low-cost production facilities near raw materials or cheap labor.
Considering this basic understanding of the strategic initiatives available to international leaders, address the following:
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