International Business Environment Assignment Example | Topics and Well Written Essays - 3500 words

International Business Environment - appointee ExampleThe author of the research essay International Business Environment analyses cheap asian economies and concludes that in a nutshell, the company can plan to expand its business on the Indian soil, as the opportunities argon way stronger than the challenges on that point. Since India being a thick populated country with a growing economy currently, there is enough room for foreign companies to invest and bring business in India. However, the competitive automotive trade in the country would ask the company to modify its cost and quality standards, as the automobile pick out description of the Indian market varies largely from the UK market. Considering facts of Indian market growth and the risk to opportunity proportionality in the country, it can be recommended that the company should move ahead with the plan of going international by selecting the Indian soil. Cheap labor, low government taxes and a flourishing market for a utomotive in India makes it the outgo site to ensure speedy growth in revenue and reputation. The advanced and hi-tech machinery can be altered with less superior technology that can meet the quality and cost effective compulsion of the country. Moreover, the company can first introduce its older models in the Indian industry to test and envisage the response of the people. By this technique, the company would be able to forecast its future in its industry without disbursement more in its inventory and designing procedures. Therefore, the step to move towards Indian automotive industry is affirmative.