International management Report Essay Example | Topics and Well Written Essays - 2000 words

International management Report - Essay ExampleThe challenges were also referable to difference in the scotch structures of various countries, their unalike legal frameworks and policies, social and cultural issues and many otherwise things. Organisation tried building their strategies to deal with it. The company discussed in this paper is Toyota Motor Corp which set up 7 in the Fortune Global 500 list 2005. This is one of the largest automotive manufacturers in world, a trusted brand name and worldwide-admired company. It is known for its JIT and Quality programs and altruistic approach towards people working for it.globalization has provided many business opportunities to organisations worldwide. These opportunities to grow profitably in the worldwide market have come with both(prenominal) complications. These changes have raised various issues. There have been various debates on the global marketing ruffle up strategies for the international market. Lots of studies and opi nions have been developed. (For example, Ghoshal, 1987 Jain, 1989 Levitt, 1983 Quelch and Hoff, 1986)1 The communication process for the different market focusing on advertize issues, its objectives, message, presentation and various decisions related to denote has gained attention and interest of most of the researchers. It was early 1960 when the issue of advertising standardization in foreign markets was first discussed. (Elinder, 1961 Fatt, 1964)2 These complications are due to the differences and diversity of the various parts of the world. The companies direct in various countries have several issues to ponder upon before starting its business and throughout its operations. These factors contribute be broadly grouped into two main groups.External Factors These include the issues are related to the socio-cultural, political-legal, economic and various other issues. The parent country of the firm and the operating company can be different in various social and cultural aspec ts. These issues are