Thursday, December 19, 2019
Global Business Plan Operation Mission, Vision, And...
Global Business Plan-Operation To formulate an organization business plan, mission, vision and objective guidelines are essential factors. The given paper provides great information in regards to organizational objectives, mission, and vision of A Team Oil (ATO) and how the identified information are helpful in its expansion while maintaining the competitive advantage. Mode of Entry Entering into new markets will give A Team Oil many opportunities to expand and grow as a company. By expanding, it opens up countless opportunities to generate more business and increase revenue. Expanding in Spain will allow the company to become a household name throughout the world. Being known within different countries is something that everyâ⬠¦show more contentâ⬠¦Although there may be a good market and consumer base, it will give A Team Oil to increase the consumer base by offering promotional deals and incentives to new customers. This acquisition of the company also comes with experienced employees that may not need extensive training, but they will only need to be trained on A Team Oilââ¬â¢s policies and procedures. The second entry mode would be contract manufacturing in Spain. This entry mode would allow A Team Oil to have a contract between local manufacturers to produce a product to the companyââ¬â¢s expectations. This entry mode will generate employment for people that live in Spain as well as generate foreign exchange, which can increase revenue. This is a great way to build a strong business relationship in Spain and allow for more expansion. Cross-Cultural Factors Spain is one of the most captivating countries that have contributed to its unique culture and history to the modern world we know as today. Before Spain was established, it was a tag and war between many civilizations that claimed the land of Spain, and it is not until later date around the1500s it established as a country, Spain. As United Sates, back in the day, it was a colonial country that was built by many cultures with unique characteristics that welcomed large quantities of immigrants from all over the world. The both are not different in a sense of how it became a
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