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Bus 240-international business (2) Task 1
What is globalization and how should managers prepare their organizations for globalization? The response to this question has been properly articulated in this response. The student clearly outlines the measures that companies need to put in place to respond to globalization. In the post, there is a clear explanation of what globalization is and the critical factors such as competition among organizations, the need for expanded market and exploration of international business networks (Lough et al., 2018). In my analysis, the author rightly explores the need for organizations to invest in training of employees as a way of helping them to respond to cultural challenges and environmental adjustments. I agree with the author that managers need to be given adequate time to understand the cultures they will likely interact with when the organization goes international (Makarova et al., 2019). The culture in this case is rightly argued as not only the language differences but also the beliefs, values and the thought patters that are specific to a given target market. In conclusion, the author clearly articulates the need for managers to understand the law of nature of the international market they have to explore.
Response to Peer 2
Peer two has provided a proper response and insight on the importance of organizations investing in cultural knowledge in new markets. Right from the introductory sentence, it is easy to follow up on the authors’ argument as there is a detailed analysis of the critical role that cultures play in international business (Berger et al., 2018). The idea of training managers and employees as a way of helping them to easily and quickly adjust to new cultures is quite commendable. With training, managers can easily underscore the critical elements such as societal expectations, language, and the people’s way of thinking among other key elements that dictate the success of an international business. The response is also properly articulated and help one to underscore what globalization is from the onset. From the author’s perspective which I concur with, businesses can easily succeed internationally when the managers are given the right training as has been articulated in the response.
Bus 240-international business (2) Task 1
