AS known to all, international relations between commercial organizations is one of today’s strongest trends in business industries. The truth is that every single organization, whether small or large scale, is considerably involved in reaching the goal of being globally known through international trade. Just what is meant by the terms international trade, international relations, and international strategy; and how are they particularly related to each other?
These questions shall be given answer through the discussion that follows through. Business entrepreneurs around the world all have a common goal, to influence a larger scale of market who would appreciate their products and services thus giving them the opportunity of increasing their revenues and strengthening their chances of increasing their profitable gains as well.
This is the primary reason why it is an essential for entrepreneurs of the present-day business organizations to discuss to their employees the different aspects of international relations that particularly affects the major operations of the business that equips it with the necessary strength that it needs for further organizational growth in the future. The possibilities of both increasing the competence of the business in the field and making the aims of progress more efficient in becoming factual and practical for the organization to take.
PART B: The Implications of Globalization in the Operational Systems of Each Business Organizations in the International Trade Today: The issue of globalization offers both threats and the opportunities to the current human generation. Undeniably, the said progression of industrialization that affects the entire global operations of the trading industries bring an impact on how local business organizations work towards the dreams and goals that they have particularly set for themselves to reach.
The consequences through in being involved in the said revolution of business systems in the society today involves the adjustments that organizations must take risk of to be able to jump into the bandwagon of international progress. True, international business industries offer a larger market. The involvement of Internet and modern communication applications today within the systems of business connections worldwide has even made the said international commercial invasion a faster process of progress for entrepreneurial beginners in the said field.
Understandably, to be able to gain progress, the risks and the opportunities should be grabbed by each individual business organization for the sake of part taking in the process of globalization of industries today. This is where the implication of International Strategy [IS] enters the scene. “Strategy” per se, means the capability of one to do something in a certain way that the results would be successful enough to carry the goals and the aspirations of an individual or a group towards fulfillment.
Applying the said meaning to business operations would naturally involve the complex proceedings of decision making that usually involves the administrational bodies of a certain business organization. Undeniably, the process is rather seemingly complicated at fist. However, with a systematic approach on the matter, creating an effective strategy for business operations in an international scene is not that hard to complete. Why is there a need for the application of this particular strategy in the present-time business settings?
As said earlier, dealing with globalization involves dealing with different people around the world; and by saying different, the issue does not only include the individuals or the organizations themselves, but also their business traditions, their national culture, their government laws, their opinions and ideas about business and the ways by which they control their economy. All of these elemental factors should be considered once a business organization would intend to create fine international relationships with other counties around the world who are also involve in the culture of global trade.