International Business Strategy-2 Essay Example | Topics and Well Written Essays - 1000 words

International Business Strategy-2 - Es secernate utilizationthe customers in that respect have dissimilar interests which warrantees a concerned organisation to take these interests into consideration in erect to satisfy the customer needs mend at the same time remaining profitable. Competition is festering across the world and there is need for any given company to gain a free-enterprise(a) advantage for it to remain viable (Arindam, Bhattacharya, Michael, 2008). From the argument rose above, this reflective report will seek to analyse some of the benefits that can be gained from learning international contrast strategy.I strongly believe that the force of learning is to acquire new knowledge which can make us know the place we atomic number 18 staying in. I am happy to study International Business Strategy because it has enlightened me on different strategies that can be taken by different organisations in order for them to remain viable in the world characterised by br ing forthing competition. I have benefited a lot from studying International business strategy especially on how the multinational companies can remain viable in other areas other than their regions. I have also realised that multinational enterprises (MNEs) go through different stages as they grow from their countries of origin. There is need for them to take notice of key factors such as securing key supplies, ensuring that they use convey of production which are low, protect their export rights as well as ensuring that their organisations are growing while at the same time putting measures to retain skilled employees.I am happy to say that the theories I have learnt in my studies have greatly contributed to my knowledge about international business strategy. For instance, Ghemawat (2005), has suggested that there are five different approaches to this regional strategy namely home based strategy, portfolio strategy which seeks to work out a regional portfolio, the hub strategy which is concerned with building regional bases, platform strategy which is about customisation of products as