Primary Task Response:
Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas. Focus your discussion on the following:
Compare and contrast 2 organizational designs from the international or global perspective.
Identify the design that is more appropriate for a global organization, and explain your decision.
APA format
Deliverable Length: 400–600 words
Please see the attachment for the already selected international organization.
Running Head: INTERNATIONAL BUSINESS
1
International Business
International business operations encompass all commercial activities in the global
markets or a shift towards a more integrated or interdependent global economy (Carpenter &
Dunung, 2012). Furthermore, they can take place in the form of movement of goods and
services, contractual agreements facilitating foreign firms to use processes, products, and
services from other nations in the form of franchising and licensing, and operations and
formation of sales, research and development, and distribution facilities in the foreign
marketplace. International business also includes the position of an enterprise in the global
market. Every organization operating in global markets must align its major operations and
operational decisions with its business objectives and goals. The organization’s goals should also
contribute fundamentally to enhancing the international business environment.
International Financial Management (IFM) is mainly a finance function of global
enterprises with control and treasury functions. It involves controlling the exchange of financial
relations and resources arising among entities in international business. The scope of IFM entails
financial, dividends, and financial decisions (Sakthivel, 2019). IFM also entails analysis,
reporting, forecasting, and planning finances of organizations operating within global markets.
International Accounting Principles are a set of global procedures and principles related to how
global organizations present their accounting activities. Furthermore, they encompass a standard
way for presenting an organization’s financial performance so that the financial statements are
comparable and understandable across global markets (Olajide, Rotimi, & Monsurat, 2018).
Cultural differences can be a major barrier in globalization business communication; thus,
employees and managers need to interact with foreign countries to eliminate barriers.
Understanding them is an essential skill in globalization to gain a competitive edge.
INTERNATIONAL BUSINESS
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Comprehending cultural differences also enables an organization to determine how to operate,
marketing communication plans, and decisions regarding consumer behavior or brand (Kumar,
Reddy, & Ramaiah, 2014). Ethical awareness is essential in globalization as it enables
organizations to sets clearly articulated core values as the foundation for global decision-making
and policies. Furthermore, it assists employees in global markets in making business decisions
that are flexible within the core values and culturally sensitive. Ethical awareness also enables
enterprises to balance the need for flexibility with the need for policies. As a result, organizations
can create credibility with consumer and credible employees’ management systems.
Apple Inc. is a global organization that has prospered in the technological center. Cultural
differences can benefit Apple Inc by enabling them to know different customer behaviors and
deliver products based on those behaviors. Furthermore, they can enable Apple Inc. to gain a
competitive advantage as it integrates cultural entities that align with a specific culture in their
products, such as language. Understanding cultural differences has Apple to include
diversification in its workforce to attract customers from all cultures.
Ethical awareness has played a critical role in Apple’s global success as it has contributed
to achieving its objectives (Khan & Alam, 2015). What is more, it has created an ethical work
culture in all its operations. Ethical awareness has contributed to aligning its business core values
with global policies, enabling it to balance the need for flexibilities and policies that guide
employees in making a professional judgment. Lastly, Apple’s ethical awareness has enabled it to
make culturally sensitive business decisions, enabling it to gain a competitive edge by gaining
customers’ trust.
INTERNATIONAL BUSINESS
3
References
Carpenter, M. A., & Dunung, S. P. (2012). Challenges and opportunities in the international
business .
Khan, U. A., & Alam, M. N. (2015). A CRITICAL ANALYSIS OF INTERNAL AND
EXTERNAL ENVIRONEMNT OF APPLE INC. . International Journal of Economics,
Commerce and Management.
Kumar, S., Reddy, G. P., & Ramaiah. (2014). THE IMPORTANCE OF BUSINESS ETHICS IN
GLOBALISATION -A STUDY. International Journal of Advancements in Research &
Technology.
Olajide, O. P., Rotimi, O., & Monsurat, A. O. (2018). International Accounting Standards.
International Journal of Accounting Research.
Sakthivel, H. (2019). International Finance Management. Online International Interdisciplinary
Research Journal.
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