Operational Management of International Business essay writing services

This is very high level paper that needs a very clear and professional writing. please read and follow carefully the file that I’m going to upload, it has very clear structures.

The question

 

‘The stage theories of internationalization reflect a rationale of gradually reducing the risks of internationalization’. Why is this statement formed, and do you agree with this? What are the risks that firms aim to mitigate when internationalizing their business and how the different internationalization stages help firms to minimize these risks?

 

• Please use this text book as one of the references you will use:

Barnes, D. (2008). Operations management: An international perspective. London, England: Thomson.

• Do not use websites as references.
• Use books and journal articles.
• Please remember that such actions will only be accepted if it is demonstrated to be a direct quote and that such direct quotes do not constitute more than 5% of the overall assignment.

 

 

 

• I chose Uppsala Model Strategy for my assignment.
• These are some points that must be existed in the essay.
• Note: Use these points in the essay as well as your own points

 

• Key features of Uppsala model are:

1. Firms first gain experience from domestic market before they move to foreign markets.
2. Firms start their foreign operations from culturally and/ or geographically close countries and move gradually to culturally and geographically more distance countries.
3. Firms start their foreign operations by using traditional exports and gradually move to using more intensive and demanding operation modes (sales, subsidiaries and foreign operations)

 

• Assumptions of stage theories regarding risk taking:

1. First, the firm strives to increase its long term profit.
2. Second, the firm tries to keep the risk taking at low level.
3. Third, the state of the internationalisation affects perceived opportunities and risks, which in turn affect commitment decisions and current activities.

 

 

 

• Psychic distance and internationalisation:

1. Companies enter new markets with successively grater psychic distance.
2. Psychic distance can be defined by factors such as differences in language, culture and political systems, which disturb the flow of information between companies and market.
3. Companies start internationalisation by going to these markets, they can most easily understand where they will see opportunities and where the perceived market uncertainty is low.
4. Example for New Zealand companies, they go to Australia first, and then US,UK and then to Japan and then to China.

 

·         Risks and internationalisation:1.        Risks in internationalisation can be understood as the instability and uncertainty associated with the business environment in foreign markets.2.        The risks can be assessed through the framework of PESTELI (political, economic. social. technological. natural environment. legal and industrial). But you do not need to analyse every category.3.       Usually, perceived uncertainty declines with reduction of psychic distance and increase of knowledge.    Four core concepts in the Uppsala model:1.       These four core concepts are: market commitment, market knowledge, current activities and commitment decisions. 2.       Define these four concepts then divided them into state aspects and change aspects. 3.       The two state aspects: market commitment (the resources committed to foreign markets) and market knowledge (the knowledge about foreign markets and operations possessed by the firm at a given time)  4.       The two change aspects: current activities and commitment decisions (the decisions to commit resources to foreign operations)

• Please pay attention of these learning outcome and marking criteria:

 

Learning Outcome/s Being Assessed   

 

In writing the assignment, we will need to

1. Demonstrate a strategic and operational understanding of global operations and logistic functions.
2. Recognise organisational structures, processes and theories used in operations management areas such as international expansion, international supply chains, value chain analysis, quality control, and distribution systems.
3. Appraise the realities of operating different types of production/distribution firms.

Assignment Marking Criteria

1. Formatting and presentation of assignment
2. Referencing, sufficient and precise
3. Structure and language expression
4. Demonstration of critical analysis and integration of relevant concepts and theories
5. Examples and research

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