Challenges for a Business in an International Market Essay

Challenges for a Business in an International Market - Essay slipThis essay discusses that a number of challenges await a business that aims to conquer the international market. One of these challenges is the alive global trade in a particular location. Global trade has existed since the forefathers of the present generation embarked on a quest to ask for new places to offer the products that they had to offer. From the finest spices and ingredients, global trade that occurred during the earlier centuries also offered the finest materials and jewelries and make up human labor. The international market has already been penetrated by merchants long before the New York Stock replace was established.Local businesses have organizational buildings that deliberate to be able to achieve holistic goals. There ar also instances that the members of the administrative assembly could either be friends or relatives. A member of the organizational structure can personally talk or approach an other if there are certain issues postulate immediate attentions. Communication is a breeze since it is being carried out on a timely mode and the message or the instruction is carried out with supervision. This type of interaction does not materialize in businesses in the international market. Though these international businesses have a local organizational management that looks after the term of the business in the local market, there is an office considered as the plate for each of these companies that will look after satellite offices strategically disseminated in various locations worldwide. There are memoranda or circulars that these headquarters will circulate to satellite locations which may not benefit a particular satellite office. all local management of the affected office will make amends regarding the order or the directional will be disregarded and not be fully implemented (Howes & Tah, 2003, pp. 181-200).