The paper "Specific Practical Operations in International Firms" is a perfect example of a Management Assignment. This is a paper on marketing elaborating on the various issues facing international companies and things to consider when establishing themselves in different countries of the world. The issues range from people management involved in the government policies affecting foreign investments. The factors considered in this paper are; conduct of ethics for operations, financial, location & human resource issues, operation regarding the legal and compliance obligations. Introduction Recently, companies are increasingly going global for broader markets. The changing of companies from single-country operations to product exporters, to multinational and transitional companies gives the management a mandate.
The mandate is to find ways in which their specific companies' operations can best thrive for competitive advantage. The management realizes that company product effectiveness relies on the creation of a strategy related to the existing company goals and objectives. They have to integrate the tangible platforms (technological and infrastructure, location & logistics) and the intangible (personnel and procedure, legal framework, culture) one that relates directly to their prosperity in the particular environment (Hirohito & Lee, 2005). Legal issues It is important for the international fraternity to realize that different countries have different tax laws, personnel laws, reporting techniques, etc.
These laws interact differently with one another in the company. The popular enterprise resource planning has been encouraged by the availability of reliable products and services that relate to multinational companies. The legal issues spread into various departments within a company: Job protection The involved governments greatly consider the protection of employees both the skilled and unskilled for the maintenance of full employment.
Law enforcement agencies are always on the lookout for illegal employees. International companies at times need to delegate international responsibilities to their staff and without a proper legal procedure for their staff in particular countries; they usually incur many expenses whenever their staff face legality charges (LRN, 2007). Employee hiring and dismissal In some countries, it is very difficult to dismiss an employee because the company will have to pay off the employee. The dismissed employees are subject to job seniority and can bid on the jobs of their colleagues with less seniority. In some cases, even when a company downsizes, the fired employees can always lead to a publicized uproar (Dana, Fritz, & William, 2001).
Companies can find it demanding on their side considering the changing time of employees between jobs. It can take up to six months for one to leave a current job for another. Unions At times, the job classification by unions can cause conflicts with the level of integration of job functions within a company. Physical facilities for employees In some countries, there are laws that require all offices to have windows. For companies which have to rent premises need to leave the premise in the same condition as previous whenever they are vacating.
The management usually incurs the cost of renovation. Vacations and overtime Different countries have different laws on vacation. Some require by law that all the employees get a vacation of up to a minimum of 6 weeks. These variations in operations create significant differences in the determination of project labor requirements.
Castro, J. (2010). Political and Economic FactorsAffecting International Business. Managing International Financial Risks . http://www.dpcdsb.org/NR/rdonlyres/0535EFD9-639D-4D95 B7AA-461E34742340/68683/Chapter_94_NOTES1.pdf
Dana, E., Fritz, H., & William, K. (2001). Practrical Lessons in Global IT Management,Many Problems Few Solutions. London: Macmillan Press.
Hirohito, K., & Lee, J. (2005). Factors Affecting the Location of Global Companies . Sydney: Eastern Asia Society for Transportation Studies. , 2005 retrieved from http://www.easts.info/on-line/proceedings_05/1703.pdf on 19/8/2012
LRN. (2007). Global companies,Global Intergrity.Strategies to Promote Legally and ethically Compliant Cooperate Cultures in Multinational Organizations. New York. http://www.ethics.org/files/u5/LRNGlobalIntegrity.pdf on 19/8/2012