The majority of the students struggle in writing an international business case study as it is a vast field that requires a lot of research and ample knowledge. Hence, students seek MBA International Business Case Study Help from a reliable platform. International business is defined as commercial operations like sales, transactions, logistics, private and governmental activities between two or more countries or regions. International business includes the export and import of goods and services and the managerial knowledge required for it.
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The difference in currencies: Because of the difference between currencies used in different countries and fluctuation in their exchange value, there is uncertainty in a currency rate with time. The firms need to make all payments for the imports in the host country’s currency.
Differences in geographical and natural condition: Natural resources like raw materials, fresh water, soil quality, mine and minerals, rainfall, weather, and temperature, etc., may differ extremely from one country to another. Due to changes in natural and geographical conditions, countries and their firms have to specialize in producing certain commodities with high qualities and low cost. Such specialization of high-quality and low-cost products of local firms creates challenges for international firms to make investment decisions.
The difference in the political and legal system: In today’s world, every organization is an independent political entity with its political agenda to maintain the people and firms’ interests. Due to differences in the political condition and policies of the country, there may be differences in the tax imposed on both domestic and international firms that may lessen the interest of the firm on international investment. The difference in the legal system of two different countries makes it difficult to follow the legal provisions of the two countries regarding a particular trade.
Transportation infrastructure: The cost of the transportation system to transport the material and finished goods from the source to the production plant and from production plant to market also contribute to the decision of expanding the business by international investment.
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The international case study contains a real-world organization planning to expand its business in the global market and face difficulties in performing its business operation in a new region. Some of the challenges that students face while writing the international business case study are given below:
- Students need to examine the organization’s current condition to find the main cause behind their current challenges.
- After that, students need to formulate an effective strategy that can allow the organization to overcome those challenges related to international business operations.
- It is the case of international expansion of the organization where students need to conduct the external environment analysis to determine the factor that can influence the organization’s entrance into the global business market.
- The main difficulty students witness is their inability to integrate the top management theories and models into the paper, due to which they fail in the paper or get low marks.
- The other difficulty includes determining the best strategies for international business they are going to penetrate due to lack of aptitude and missing lectures.
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Global environment issues can be evaluated through identifying and monitoring with the help of a checklist-based procedure for favorable and unfavorable factors. A proper method needs to be developed systematically to identify changes while analyzing every aspect of global environmental issues. Some of the factors are given below:
- Global environmental observation: It is the initial step of global environmental analysis. It involves the objective of detecting the variations in demand conditions for goods or services globally. It can be done by defining and searching trend indicators related to the factor of observations.
- Monitoring of the global environment: In this step, the identified issues and opportunities need to be observed by managers in order to monitor the specified change indicators on the basis of defined purpose.
- Assessment of the global environment: In this stage, the firm evaluates possible opportunities by analyzing the data. This assessment process uses various data analysis techniques available in multiple research methodologies.
- Global environmental forecasting: In this analysis, the speed, direction, and intensity of environmental trends are predicted through environmental forecasting. This stage focuses on the prediction of possible opportunities and threats.
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