The name Guatemala, meaning "land of forests," was derived from one of the Mayan dialects spoken by the indigenous people at the time of the Spanish conquest in It is used today by outsiders, as well as by most citizens, although for many purposes the descendants of the original inhabitants still prefer to identify themselves by the names of their specific language dialects, which reflect political divisions from the sixteenth century.
Order Now This essay will give description about the opportunities and threats that globalization will create for decision makers of the firm.
Furthermore, the study will also depict about main lessons which business managers of cited company should learn on assessing the difference between home and host country. Analyzing the opportunities and threats which globalization creates for the decision-makers Globalization is being considered as the activity of performing the operation of enterprise in in global platform.
Running the operation of firm in home market is an easier task. This is because, here the manager have thorough information about the market.
Furthermore, the manager has detailed knowledge about the customers which it wants to target through its product.
But, complication for the manager of the firm will increase if they make the decision to expand their operation in some new market Meyer and Thein, In accordance with the given context, there are some opportunities and threats examined which are associated with globalization and these all things needs to be considered by the decision maker of Natura.
The detailed explanation about the same is depicted in below: Opportunities created through globalization Low cost operation It is being considered as one of the most significant opportunity which can be created through globalization.
In this context, it has been analyzed that there are many firms which are more interested in selling their product at the low prices.
Hence, such firms want to expand their operation in the country which does not increase their cost.
In this regard, globalization presents many options of the countries which help in reducing the overall cost of the firm Peng, For example, manager of Natura has decided to reduce the cost of its operation. Thus, it has taken decision to expand its operation in different developing countries such as India and China etc.
Hence, globalization eases the functions of company and hence it guides the manager of enterprise towards the correct path. Thus, it is through this way only an effective decision can be taken by the decision-makers of Natura.
Development of new product The decision makers of the firm also have to make several decisions about maintaining needs and demands of the buyers. Here, it is through this way only the company will be able to attract large number of customers towards the enterprise in an effectual way.
Thus, in the given task the concept such as globalization tends to play a very critical role. This is because; it gives opportunity to the manager of firm like Natura to gather the information about the trends which are occurring in the global cosmetic industry. For instance, manager of cited firm has examined that nowadays majority of buyers prefer to use natural or organic cosmetic product.
Hence, on gathering the given type of information, manager of Natura can also develop such types of goods in Brazil and other international market. Hence, through this way the company can develop complete new base of target customer who like to purchase the products.
Furthermore, with this, the organization can maintain satisfaction level of its buyers which is usually hindered when they will not get the product as per their own needs and desire.
Therefore, by complying with the given type of activity, overall benefit can be gained by enterprise in the form of increased profit and sales. However, it has been evaluated that it is not necessary that the cosmetic industry trends which are followed in one country can be applied to other nations too.
This is because, needs and preferences of each customer vary and it is highly influenced through the culture from where they belong. Help in giving information about the emerging market where firm can expand its operation It is considered as another most significant advantage which is associated with the concept of globalization.
Herein, when making decision for expansion, manager of the firm like Natura will also have to assemble information about different market from where it can expand its operation. In the given task also, globalisation tends to play a very significant role Wu, Here, due to the presence of given concept, manager of Natura can get information about different markets which are proving as beneficial for the cosmetic enterprise.
Thus, decision maker of firm can make evaluation between gathered list of markets. However, by selecting one particular market cited firm manager can impose positive effect on the firm's profit.
Availability of skilled labour The success of the organization totally depends upon its employee. This is because; it is with the help of workers only high quality services will be delivered by the company to its respective buyers. Thus, due to globalisation Natura can avail skilled and talented employees from some other countries.
Hence, with the help of this, they can perform significant improvement in its existing operation. It is by complying with given type of activity only; the organization can improve its efficiency of delivering high and best quality services to its customers in an effective manner.
Overall, it can be said that the concept such as globalisation helps Natura decision-makers in grabbing all opportunities which are prevailing in firm's business environment.r-bridal.com is the place to go to get the answers you need and to ask the questions you want. Intro duction. Thomas Kuhn coined the modern definition of the word “paradigm” in The Structure of Scientific Revolutions, published in A paradigm, according to Kuhn's definition, is a conceptual model that explains a set of scientific observations, which creates a framework to fit the observations.
This essay will give description about the opportunities and threats that globalization will create for decision makers of the firm. Furthermore, the study will also depict about main lessons which business managers of cited company should learn on assessing the difference between home and host country.
Rank of Keywords of International Conferences on August 9, LNCS 37 SIGGRAPH 32 CRYPTOGRAPHY: 31 ENERGY: 30 AAAI 28 KDD The Pharmaceutical Industry Paper essay writing service, custom The Pharmaceutical Industry Paper papers, term papers, free The Pharmaceutical Industry Paper samples, research papers, help However, in the pharmaceutical industry, such threats are limited since they only come from herbal products which producers are few.
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