Business Strategies Implemented Internationally Research Paper - 1

Business Strategies Implemented Internationally - Research Paper ExampleHow should you organize the business outside of the U.S.?Marketing department handles the sales operation in an internationalistic market.Setup of the export department that is in learn contact with the CEO.Setup of independent franchisees or subsidiaries whereby each franchise functions individually and is in direct contact with the CEO (Hodgetts & Rugman, 1995). Should you set-up reasonably independent companies, subsidiaries, in each foreign market?Yes, setting up subsidiaries in each of the international markets is one of the lift out ways to manage business outside the local market.The franchises are run according to the demands of that country. This is called as the multi-domestic strategy.Another similar strategy known as international strategy, in this concept certain departments of the international franchise are still maintained by the parent company (Aswathappa, 2008). In order to exercise check up on over each of the subsidiary, it is important that the companies know which of the strategies it is going to implement and their relevant advantages and disadvantages. A subsidiary board of director will manage the various subsidiaries and their cause and hence in this way it is easy to maintain the reputation and decrease the chances of risk in reputation. It is better not to impose a strict check image and it is also important that all the subsidiaries be linked with the help of the internet or any other software that might be uncommitted