INTERNATIONAL BUSINESS MANAGEMENT Essay Example | Topics and Well Written Essays - 4000 words

INTERNATIONAL BUSINESS MANAGEMENT - Essay Example horough research on the present scenario of the international markets and puts forward the viable options that PALTEK can take to enter the international market successfully. The report also highlights the challenges and obstacles that the company might encounter when venturing internationally. Patek is a company basd in Bedfordshire and has around 70 employees currently. The annual turnover of PALTEK is  £5 million and the company is headed by Jack Leiter . They had earlier attempted to sell its products in international markets; however they didn’t succeed as expected, probably because they did not have a clear strategy to market their products internationally. That is the reason why PALTEK is looking for a better overall strategy which can enable them to be a successful global player in printed circuit board sector. The company is searching for potential international markets and also a restructuring of their internal organization for better management of its foreign operations. Presently, PALTEK supplies circuit boards for the B2B market and their main clients are the IT sector and the military. Although they have been successful in the UK market, they want to enter the Nordic as well as the US markets in a major way. They also have a presence in Asia, but they are primarily looking to expand their European market. They’ve been approached by a Swedish company for a partnership but the negotiations have not materialized. PALTEK’s goal now is to generate 20-25% of their total profit from the foreign market in the next two years. Internationalization is a process which involves a change in various facets of the organization. In order to succeed, PALTEK would require an in-depth knowledge of the international market, particularly the Nordic market for printed circuit boards. It also needs to modify its marketing approach according to the local needs of the particular market. Other major areas to change include development of better logistics,

The Dynamic Legislative Process Essay Example | Topics and Well Written Essays - 500 words

The Dynamic Legislative Process - Essay Example I indeed responded to the five questions based on my opinion and my rating was that I was generally comfortable with how the congress work as opposed to the previous people who responded to those questions who said that they were fairly dissatisfied with how the congress operates. In section 3, I learnt a lot about how the congress work not according to the way the public think things should be done. For example in the opinion that the public thought that the congress was very slow in it process and Wilson responded this by saying things should not be that way because a public that is capable of doing good things quickly, it is also capable of doing bad things quickly. In the opinion of the public was that they dislike a congress that is always arguing and with conflict but Rosenthal opposed this and said it was very health when there is conflict in representative democracy as this helps to avoid concentration of power at any one place in the government. He argues that if America was to be a representative democracy, then conflict must exist between decision makers. I agree with Hibbing and Theiss-Morse when they write that "Much of what the public dislikes about Congress is endemic to what a legislature is" because they lack an appreciation for the ugliness of democracy. Lee Hamilton explained the real legis