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What additional demands to strategy do international operations produce?

What additional demands to strategy do international operations produce?

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Answer #1

Some additional demands for strategy related to international operations are:

  • Defining the business plan for accessing global business along with alignment with the local business.
  • Determining the investment plans, funding for expansion
  • A proper environmental scanning before implementing a new product or services.
  • Investigating the prime market and the geographical location
  • Legal and political considerations of exports and imports
  • After sales plan and customer relations
  • Exploring partnerships, strategic alliances, joint ventures to enter the market
  • Globally diversified workforce
  • Regulatory barriers
  • Labor laws and grievance handling procedures
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