The exciting part of International Business is the combination of science and art in terms of discipline such as economics, anthropology, geography, history, language, jurisprudence, statistics, and demography. Many International Business operation around the world failed to address the need of the challenges taking place in every country some International conglomerates cannot address the organizational standards and ethics due to the lack of human resource in a given country. High technology business organization such as GE and Sumitomo Japan needs higher engineering skills requirement when they go to other country. Thus, markets in emerging countries are utilizing their population to adhere to the current challenges encountered almost all International conglomerates. In the introductory discussion of the book of Czinkota, Ronkainen, & Moffett introduce the need for International Business. I gave to my learner’s lesson in our first class discussion that after Japan suffered their market isolation effect after World War 2 it causes a lot of domestic market deprivation. SME losses international marketing connections that allowed other countries to accommodate their market share.
Thus, Japan later in the history
embrace the International business concepts in governance that even until today
Japan is harvesting the fruit of International Business in the US soil. Even Toyota Car Company dominates the US
market less to forget Canon, Nikon, Fuji, and other famous camera and filming
companies. Since 1950’s the rapid growth
of International Business spread rapidly across the world. Today society and the governments and even
small player businessmen are addicted with the sourcing of their operation from
outside the country. Many European and
Western companies are outsourcing their human skills from Asia and ASEAN
countries and even in India knowing that these countries can provide unlimited
number of human resources even with low skills and abilities. The argument of low professional skill and
abilities drives upon the intent of the organization that even when the company
is located in Asia and ASEAN countries for example, organizational standard can
be a good bench mark for higher performance output. Moreover, International Business can offer
new markets for domestic players increasing and puling the demand of the
international market. Innovation and training likewise will give a great demand
to the existing human resource that even governments around the world are in a
great pressure knowing the general notion that private HR are more fast
compared to those who are working in the governments around the world. Thus, many projects in the US and other
capitalist countries still believes in the privatization of national project
knowing that to outsource such huge project will avoid failure and delay. We cannot avoid the role of government in the
supply chain now a days there is even G2G business pattern and B2G business
pattern of business that usually requires huge amount of business contracts
compared to the B2C and C2C. B2G and G2G should consider the important ethical
concerns and responsibility across the general public same is true with the
private companies. Upgrade of innovative
infrastructure is also necessary to adhere the present need of the public. Private companies are looking forward towards
what are the ends of the skills that men can give to the future of
technological infrastructures.
Another important subject that the book of Czinkota was
trying to portray is the security that is being incurred and executed by international
governments. Thus, the UN today is
handling the stability of the security along the various geopolitical headed by
the US government. Such that, Czinkota mentioned and discussed in his first
chapter the role of Pax Americana and the olden Pax Romana. These two world
police enhance the world security since before trade started from the north to
the south of the world. On the contrary,
sovereignty is also discussed in the first chapter of the book. Sovereignty of
countries around the world conflicts in terms of the vital geopolitical
conflicts in many ASEAN countries for example.
As to how the need of international business so as to the reciprocal effect
of the setbacks of geopolitical and the issue of sovereignty. The ironic part
is that business and politics contradicts with each other in the acceptance of
internationalization. Politics has a huge
resistance in terms of internationalization due to the issue of national
sovereignty while international business owners are also collaborating to
increase the flow of import and export across the globe. Accordingly, United States known as the new
Pax Americana formulated a Smoot-Hawley Act A 1930 to equalize the need both of
the private and public sector without touching the sovereignty issue but
increasing the domestic production and exportation. The next issues that I’m going to discuss in
my blog is the relative effect of the International Business and the formulation
of international law. Collaborative blog
between the two subjects is an interesting part in discussing the vital points
of the ethical standards in business depicting from the fundamental ethical
standards of Aristotle. Do you think Mr. Bean is better than Aristotle?
Comments