Management Review Article

1388 words - 6 pages

Management Review Article
Internationalization for a company is to broaden its horizons, it is a companies' ability to seek other options and learn new things for its company internationally. The ultimate goal is to learn about other cultures and expand a companies knowledge on a Global level. For a company to only have exposure in its own culture and own country would not attract as much business and it would not make the company as versatile. According to the Article The Performance Implications of International Intensity, Diversity and Distance Internationalization has three main parts: intensity, diversity, and distance. These three elements are studied to learn more about acclimating ...view middle of the document...

In my point of view diversity seems like it is always the right approach not just in business but in any aspect of life. Diversity is learning about other people and their ways of life and their beliefs. there are so many cultures out there and in business the way the United States conducts business, even business meals or greetings and gestures are all different in other countries. But in the end a company has to increase profits and reduce costs and this article focuses on the main themes of industrialization but in majority of the article the main focus is ;how does the company save money on costs and how does the company make more money by transitioning to a global level.
The final aspect of Internationalization is distance, a similar problem arises with distance compared to diversity. Its finding that appropriate balance of distance that a company will face. for instance according to the article distance becomes a positive aspect in international business , and access to things like unique resources become a positive aspect but past a certain point a company faces challenges internalizing these resources and transferring any products becomes harder. So there is an upside to distance but from what I learned from the article sometimes being far from a company's home country can inquire more expense especially with moving products to other countries, even if the host country has resources that are not available in the home country as well as very valuable resources there can be variables that come in to play that can cause issues.
From what I learned and read, internationalization is a good aspect in furthering the success of a business as well as expanded ones business. Internationalization is not as easy as it seems and pushing the limits or even not pushing enough can impact a firm in a negative way. It's about finding the appropriate balance of intensity, distance and diversity. As a manager I would test the company and see how to get a perfect balance of internationalization. In order get increased performance I would need trial and error and study the effects of internationalization and see where the firm is going wrong and what needs to be added and what needs to be cut out. Learning through experience and taking risks will ultimately help determine what is right for a Company.
As a manager all these tasks seem hard and thorough, this article relays the message that a company can just incorporate ideas and plans in a global market. Even though there seems to be so many upsides in being away from home like gaining knowledge, new ideas, and finding new and valuable resources there is a price to pay. There are always obstacles in the way, especially if certain things become too costly. As a manager the first thing that would come to my mind if I was in charge of internationalization in a Company would be, will this be cost effective and will this make the company money. To some people this may seem cruel but even the article...

Other Essays Like Management Review Article

Article Review Summary

560 words - 3 pages Yuan Ze University College of Engineering Department of Industrial Engineering and Management International Master’s Program in Industrial Engineering & Management Global Logistics Management Article review: Supply chain design and optimization: Challenges and opportunities. Professor: Phd. Ching-Jung Ting Student: Manuel Mojica 1045455

Business Ethics Across Cultures Article Review

1543 words - 7 pages Business Ethics Across Cultures Article Review XMGT/216 Business Ethics Across Cultures Article Review The first article I reviewed was titled Islamic finance: Notion of stewardship imbues business ethics. The author discussed the global economic crisis of 2008 in Islam. He reviewed how the lack of training of Islamic employees in ethics contributed to the economic crisis. Several of the ethical lapses that occurred during the ethical

Article Review

1132 words - 5 pages interviews and data collected within the paper in preparing myself to conduct my research as well as a use it comparatively with my findings. The paper also showed a new methodology towards the best way to gather my data along with my current method.   Literature Review Coding Sheet Following is a list of categories that should be included in every article review: 1. Identifying characteristics: author, source, year of publication, how the study

Article Review

1453 words - 6 pages ARTICLE REVIEW FORMAT MEMORANDUM UNIVERSITY OF PHOENIX DATE: December 21, 2008 TO: FROM: RE: Business dispute between KPMG and the IRS. ARTICLE SYNOPSIS Introduction This paper will discuss a business dispute between KPMG and the IRS. It will identify the "legal issue in dispute" as well as the legal process that was used to resolve the issue, and "how that process fits into the court structure" (Augenstein). Then, it

Article Review

744 words - 3 pages satisfied in that particular category, management can shift their attention to more pressing matters, areas where both management and the customers feel that the retail establishment must improve one, for example in the study, type 2 attributes. Point of View on the Article This research is valuable because of development of the actual construct, as it shows the expectations of the customers regarding a certain aspect of the establishment

Article Review - 691 words

691 words - 3 pages Article Review Teen pregnancy is a major concern in the United States. In the public health field there has been many ways teenage pregnancy has a success stories in the last decade. According to the article “Tackling teen pregnancy” “As of 1998 the under conception rate has decrease to 34% to 31 per female, according to 2011 statistics this means the rate is lower than 1969” (Tackling teen pregnancy -Local Government Association, 2013, p

Article Review - 888 words

888 words - 4 pages Tyisha Hicks Prof. Smith HIST 2030 13 February 2015 Critical Article Review #1 The author of “Be Sure You’re Right, Then Go Ahead”: The Davy Crockett Gun Craze is written by Sarah Nilsen. The purpose of this article is to explain in detail about how Davy Crockett became the symbol that was known for guns and coonskin hats. The author does not specifically classify what the purpose of the article is. Instead, the purpose of the

Article Review - 2293 words

2293 words - 10 pages The Use of Prayer and Scripture in CBT Article Review Liberty University Summary The article entitled “Use of Prayer and Scripture in Cognitive Behavioral Therapy” discusses the use of prayer and scripture in a Christian view of Cognitive Behavioral Therapy (Tan, S. 2007). The article also discusses the expansion of cognitive Behavior Therapy to include Mindfulness Based Cognitive Behavioral therapy, Acceptance and Commitment Therapy and

Article Review - 822 words

822 words - 4 pages December 2014 * For my article review, I utilized an article by Matthias Sutter and Daniela Rutzler titled “Gender Differences in Competition Emerge Early in Life”. Written in 2010, the study took place in the state of Tyrol in the Western part of Austria. The study involved 1,035 students aged 3 to 18 years of age. The authors were attempting to see if there were any gender differences in the urge to compete against others of the same

Article Review - Reader's Digest

712 words - 3 pages ARTICLE REVIEWING The article I will be reviewing is from a famous monthly magazine, Reader’s Digest. The particulars of this article are as follows: Reader’s Digest Title: Where Can You Get The Best Medical Care In Asia? Volume: March 2011 Article Title: To Infinity – and Beyond? Article Author: Stan Yee As I was flipping through the pages, browsing random articles, I came across one with a rather reminiscent title, ‘To Infinity

Technology Article Review

714 words - 3 pages Running head: TECHNOLOGY ARTICLE REVIEW Technology Article Review HCS 212 Technology Article Review Technology is quickly changing everyday and everywhere. Years ago, if you had a question you either had to research it in the encyclopedia or talk to someone who knew the answer to the question. Today the answer to any question you have in the palm of your hands. Technological advancements are great and important, especially in the

Related Papers

Article Review 663 Words

663 words - 3 pages Article Review: “The Future of Online Teaching and Learning in Higher Education: The Survey Says” Steven Eide Considering the fact that I am enrolled in an online educational course I found it prudent to seek out a research article studying online learning. It is common knowledge to any student in America, or the world for that matter, that distance education has exploded almost uncontrollably and is continuing to do so at a remarkable

Article Review 564 Words

564 words - 3 pages For my second article review, I took a look at advancements in handicap assistance technology. At first I had a problem looking for an article but then I reassessed my search terms and realized that I wasn't searching for the correct topic. I had originally started by searching for articles on the advancements of accessibility technology for handicap peoples but then I realized that accessibility technology and assistive technology aren't the

Hrm 599 Article Review

1289 words - 6 pages Week 2 - Article Review Professor Pat Williams Dawn Zmecek HRM599: Benefits DeVry University Date: 7/20/14 Article Summary The Society for Human Resource Management (SHRM) provides a wide variety of information and assistance for HR professionals. The website for SHRM provides a variety of articles related to HR topics, such as benefits. One such current article, “Midyear Check on Health Plan Compliance,” provides an overview of

Law/421 Article Review

749 words - 3 pages Article Review Warren Combs LAW/421 April 15, 2013 Article Review In today’s business world, the use of technology has changed how transactions take place between consumers and businesses. The capability to do business on the Internet has opened the gates for companies to grow at faster rates by making available to consumers, products, and services on demand. Although the Internet has allowed quick expansion too many business