Question

The vision of international managers to obtain information in a timely manner is a decisive factor in the strategic planning of international companies, which is reflected in the formulation of the strategy required to implement in order to achieve the company's goals in the future. Discuss this through (1) the company's political strategy. (2) Host country access mechanism؟

Answer 1

1) the company's political strategy: The fact that planning is a political rather than a purely rational activity has gained widespread recognition. Less clearly understood is the effect that the political dimension of planning can have in driving a company's formal plan and implicit strategy apart. Such divergence can lead to planning schizophrenia where invisible plans run the business in reality while the explicit plans simply represent it with rhetoric.

2) Internationalization has been one of the strategies being used by most executives to reduce the cost of operations. Business with overhead costs can have the excess cost cut down in countries that have relatively deflated currencies as well as low cost of living. Most business in the US finds it relatively cheaper operating in countries that have free trade agreement with U.S.