Friday, February 21, 2020

Expanding of Businesses Assignment Example | Topics and Well Written Essays - 1000 words

Expanding of Businesses - Assignment Example In this similar context, one of the chief factors related to exporting which needs to be considered by the small firms is to concentrate on sales activities for exporting in markets having better performance as compared to firms pursuing strategies in isolation. There are various reasons for firms engaging in expansion on global basis that include exploiting the unique knowledge possessed by the firms and potentially reducing costs through development scale of economies or through leveraging resources (Brouthers & et. al., 2009). In order to determine the major factors that a small organisation has to consider before commencement of exporting, it has been viewed that the notion of export planning plays a decisive part in the commencement of exporting. In this regard, it can be affirmed that export planning might assist a firm towards accessing the potential of mitigating uncertainties and complexities related to exporting. Another key factor related to exporting for small firms is fo rmation of strategic alliances with trustful partners. This step could be beneficial for small organizations to maintain effective performance in long run (Sengupta & et.al., 1999). It can also be stated that through proper research of market, it is quite possible to make a thorough assessment of the markets resulting in acquiring a brief idea about the market nature. Efficient distribution and shipping assists smaller firms in exporting as an organization finds an appropriate market that has reasonable demand and regulations and bears no entry barriers that eventually results in smooth conduct of business (Samuels, 2013). It can be stated that the small organisations needed to consider certain key factors prior to their commencement of exporting. In this similar concern, the small organisations strongly believe that they can attain significant benefits from considering the factors before commencing exporting. The benefits comprise raising sales along with revenues, minimizing risks , enlarging life-cycle of the products and most significantly penetrating into new business markets among others (Tekle, 2013). After acquiring a brief idea about the benefits that can acquire by the small organisations, it can be affirmed from a broader perspective that they need to consider a particular chief factor concerning building an effective corporate international image prior to the commencement of exporting. It has often been viewed that financial risks generally occurs while carrying out transactions on an international basis. Thus, on the basis of the above discussion, it can be stated that the small organisations must consider certain other major factors like adopting as well as executing planning dimensions, conducting proper analysis of market and concentrating much upon product pricing and quality prior to the commencement of exporting (Tekle, 2013). Question 2 It has been apparently observed that the business organisations belonging to this modern day context tends to invest substantially in abroad for the purpose of raising profitability, overall productivity, business reputation and most significantly attaining superior competitive position. However, relating to this context, it can be observed that a business organisation when investing abroad often has the difficult choice of either buying an existing facility or building a new facility. This can be owing to the reason

Wednesday, February 5, 2020

Moral obligations extend only to human beings Essay

Moral obligations extend only to human beings - Essay Example The moral obligations need to be legitimized before one can remark them as being conclusive or completely incomprehensible. The fact of the matter is that these moral obligations have to be performed no matter how difficult or tough it gets at the end of the day. The human beings need to understand their due role and go about completing the tasks and activities that are asked of them in the long run (Stivers, 1996). There simply does not seem to be any other ideology behind the same dictum. The moral obligations come about in the wake of the adherence to ethical and moral standards that are asked of the human beings, and how they go about executing the same is an important manifestation of their behavioral domains. Having said that it is also important to notice the kind of activities that moral obligations can actually bring to the fore as has been found through research and evidence of practice. One must fathom the fact that morality is something very integral to a person’s realms and he should therefore understand the ideology behind having it (Mullen, 2008). If there is a good amount of concentration laid on the premise that morality will come about with the performance of certain standards, which are for the betterment of the human beings in the long run, then this goes to show the amount of optimism which exists within the related circles. On the other hand, if this does not come about this easily, then there are bound to be serious repercussions for the human beings which must be discussed in entirety. In essence, the moral obligations must be understood across the board. This is because these obligations have a great amount of say in the eventual make-up of the human beings and how they conduct their tasks in relation with one another. This is the need of the hour to make sure that these moral obligations are carried out in a good enough way (Himma, 2008). It will solve the quandaries related