The paper "How Firms Operating Cross Boarders Affect and Are Affected by Their Home Environments" is an outstanding example of a business essay. This report explores the challenges that affect the operations of cross-border businesses with respect to their host countries and the domestic countries as well. The introduction sets a base for the whole paper. The next section looks by use of examples, at the factors that affect the international business environment with relevance to multinational corporations. The next section presents the implications the factors have for the companies that want to invest in cross borders.
The next section then represents the recommendations for the companies that operate across borders as well as the host and domestic countries. The second last part of the report is the conclusion that in a nutshell summarizes the content of this report. Lastly, there is a list of references contacted when compiling this report. Introduction Globalization has opened up the international market for exploit by any company that is tough enough to take risks through internationalization. There has been a considerable growth in the number of companies that operate across borders.
There has equally been an increase in the opening up of destinations for investments of such companies (Cole, 2015). Because as the market opens up, competition levels also escalate, the companies have been faced with a few challenges and have an uphill task before them than before. The challenges become real, new and thus unfamiliar as the companies explore various opportunities. Some of these obstacles include economic, environmental, legal, political, and cultural factors among others (Cole, 2015). Each of the stated factors has its own level of impact both in the host destination as well as the domestic countries where the parent company lies.
Despite these conglomerates of challenges, most organizations have risked entry into new environments with some being successful while some being impacted heavily.
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