Friday, August 9, 2019
International Business Environment Essay Example | Topics and Well Written Essays - 2250 words
International Business Environment - Essay Example This essay talks that the ability of organizations to succeed in the global business environment is related to a series of factors, including the resources available, the organizational objectives and the network of each firmââ¬â¢s strategic alliances, both locally and globally. At this point, the following problem has appeared: is the global business environment able to affect organizational performance? The performance of a Multinational Enterprise in the context of the global business environment is explored in this paper. Reference is made to Toyota and the challenges that the particular organization faces under the pressures by the global business environment. This report makes a conclusion that the success of Toyota in the global market cannot be doubted. However, the stabilization in the firmââ¬â¢s productivity, as reflected in the financial results of the organization presented in section 4 above, leads to the following assumption: for the last years, i.e. from 2010 onwards the firm has been unable to improve its performance, meaning that it has not been able in competing effectively. The conditions in the international business environment, as explained above using the PESTLE analysis are highly responsible for the specific outcome. In this condition, it can be stated that the power of the firm in the global automotive industry is threatened, since a decline in the firmââ¬â¢s profits is always possible to start. Therefore, the stabilization and the future growth of the firm is depended on the review and the update of its strategic priorities, according to the trends in the international business environment, as analyzed above.
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