Internationalization of Businesses
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This paper explains that people can transform their small business into mega businesses by using technology to gain employees and a market with the internationalization of their enterprises. Next, the author stresses that the internationalization of a business can be achieved quickly and at limited costs because firms can gain popularity, even in foreign nations, by using the internet as a marketing platform. The paper discusses outward internationalization; the process by which a business shifts its focus from inward growth to regional growth to take advantage of new markets because of competition or saturation in the home country.
Table of Contents:
Table of Contents:
From the Paper:"The venture can become internationalized by using cheap labor through outsourcing services using the internet thus decreasing the liability of foreigner workers. Most countries also are reluctant to allow foreigners to flock into their countries. If not emphasized, it may result to in overpopulation thus denying legitimate citizens job opportunities. It also can brew up conflict, which may turn fatal as seen in many countries. Thus, the internet has served as a bridge between nations regardless of their affiliation or status and the imbalance in the distribution of scarce natural resources."
Sample of Sources Used:
- Calof, J., and Beamish, P. (1995). Adapting to foreign markets: Explaining internationalization. International Business Review Vol.4, no. 2, pp. 115-31.
- Mathews, S., and Healy, M. (2007). The Internet and information capability reduces perceived risk of internationalization: an Australian SME perspective. International Journal of Organisational Behaviors Vol.12, no. 1, pp. 71-87.
- Prashantham, S & Young, S (2004). The internet and the internationalization of small knowledge-intensive firms. Promises, problems and prospects. Vol 1, Numbers 1-2 Pages: 153 - 175.
- Mathews, S., and Healy, M. (2008). From garage to global": the internet and international market growth, an SME perspective. International Journal of Internet Marketing and Advertising Vol.4, no. 2/3, pp. 179-96.
- Welch, L., and Luostrarinen, R. (1993). Inward and outward connections in internationalization. Journal of International Marketing Vol.1, no. 1, pp. 46-58.
Cite this Analytical Essay:
Internationalization of Businesses (2011, September 15) Retrieved July 05, 2020, from https://www.academon.com/analytical-essay/internationalization-of-businesses-148163/
"Internationalization of Businesses" 15 September 2011. Web. 05 July. 2020. <https://www.academon.com/analytical-essay/internationalization-of-businesses-148163/>