International Business Case Study

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Recommended: Benefits of International Business Activities

In today’s global market, more than before, multinational enterprises [MNEs] have been expanding their operations internationally. This rapid growth requires suitable staff to run new units in foreign countries. Leadership of these new units and MNEs in general requires a global mindset. “Each unit requires executives that navigate economic complexities, cultural ambiguities, and political challenges” (Daniels, 2013) while running an efficient and productive unit. MNEs need staff with international business background and understanding in order to have a successfully operated unit. There is shortage of leaders for the world stage. There are many reasons on why pursuing international business is the right thing to do, tremendous growth potential and high demand are to mention two. There are benefits to be a leader of an international business unit such job satisfaction and better life experience. On the other hand, there could some down fall from being away from home such as being forgotten by the home office and being downgraded once coming back home and high rate of turn around.
There is no doubt that as there is more and more
Globalization is happening faster than ever and is creating a high demand for global mind sets. Knowledge of international business also bring with a tremendous growth opportunity as MNEs expand to different markets. There are pros and cons of taking on a global leadership position. There will be potentially a great job satisfaction which includes but is not limited to better pay and benefits. On the other hand being away from the home office could be disadvantage when repatriates seeking positions within the home office. Careful planning is needed by patriate executives to avoid turn around when going home. Overall the pros out weight the cons and the outlook for the patriated executive is very much bright with good

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