 The domestic economy has reached its highest peak in
growth and therefore has gone to overflowing that it
cannot accept inputs anymore. This is why companies are
trying to expand even way beyond their prospects and
stocked knowledge to international markets.
 With the method of researching for the best or a few of
the best growing countries to expand to, this will be
useful as it can become a foundation of new returns
 Evaluate the external environments of the company. The
external environments are known uncontrollable forces. The
company has a few chances to manage these forces. The
managers should be informed of the present assessment of
the forces and also determine where the forces will be
heading in the future.
 Examine the internal environments of the company. The
internal forces are the controllable forces. The managers of
the development course will obtain reports from the
managers of the operational areas that will help in the report
for the preparation and planning report.
 Identify the company’s business and duty. The mission
statement is an extensive statement that will define the
scope of the organization. The broad statements will be
the means to communicate to the company’s
stakeholders like the employees, stockholders,
governments, suppliers, and customers what the
company is and where the company is heading.
 It should explain why, how, what, and who its object
demographics and the plan to advertise to them
 Set corporate purposes. The purposes or aims will direct the company’s
way of action. It will also maintain the company’s boundaries within the
stated mission and purpose to ensure continues existence in operations.
The company should work to achieve things like:
 Service in its best quality
 To be the top employer for those who are employed in the company and
to the community where the company is located.
 Possible growth and business expansion by having better branding
 Satisfied consumers and partnerships and gain return clients
 Achieve lasting money-making growth through high-quality supervision
and systems
 Enumerate the objectives of the company through making management in
high quality and shareholders as well. Proper organization should be clear
between these two. A company should not choose short term profit over
satisfaction of clients. The goals should be clear as to scope into the future
 prepare strategies and create deliberate plans. The company must come
up with alternative and competitive strategies, and the right course of
action, due to the external environmental forces. A manager must
determine the company’s strengths, weaknesses, opportunities, and
threats that can cause danger to the company. Prepare a plan that will
feature how the purposes will be met.
 Teams and other organizations must be placed as of a check and balance
to promote profit and be at par in the competition.
 Competitor intelligence system (CIS) will give the
company the capabilities to forecast if there are any
changes that may be needed. The CIS can collect,
examine, and distribute information to the concerned
people in the company which can permit the company
to stay in top of the competition.
 Managers will also plan possible situations and must
make and have a possibility plan to avoid any harsh effect
on the company.
 The company will always have organizational designs levels of
plans. There are 8 levels in the company. Each organizational
level has a precise plan to follow. The 8 organizational level
plans have put in in the Strategic plan.
 Mission
 Leadership/Management
 Team/Group
 Cash Flow/Revenue
 Communications
 Systems
 Legal
 Product/Service
 Mission. Leadership. Team
 As been detailed earlier, the business should have a mission
other than revenue. This mission must be able to give
something of great importance.
 Leadership simply means having the right CEO and the most
suitable people in management
 Team is also vital as it is the means of having the right people
for the job or strategic partners planned with the company
 Cash Flow.
 Financial Controls : Once the organization has its strategies organized
so that goals can be achieved, funds are prepared for the needed
resources and labor. As money is utilized, statements are updated to
show the details of the spending. Managers use these financial reports,
like the income statement or balance sheet, to know the progress of
programs and plans. Financial statements give the management with
right information to monitor financial assets and activities. The income
statement will show the results of the organization's works over a period
of time, such as profits, expenditures, and profit or loss.
 Communications. Systems.
 This consists of sales, advertising, increasing capital,
marketing, human resources, public relations,
conferences, relationships, etc.
 Systems should be located where it is regular such as
technology used for dispensation, accounting,
telephone/customer service, response, etc.
 Legal. Products. Services
 This pertains to the legal processes put in place like
licensing, trade names, brands, incorporating, laws, rules
that may affect business, etc
 Products and services should be kept in good quality so
that the manufacturing base can be kept up to date.
Products should also be improved as time progresses,
etc.
Axia College of University of Phoenix. (2008). The Rapid Change of International Business. Retrieved November
30, 2008, from Axia College, Week One reading, aXcess, INB205— International Business Course Web site.
Axia College of University of Phoenix. (2008). International Trade and Foreign Direct Investment. Retrieved
November 30, 2008, from Axia College, Week One reading, aXcess, INB205— International Business Course
Web site.
Axia College of University of Phoenix. (2008). Dynamics of International Institutions. Retrieved November 30,
2008, from Axia College, Week One reading, aXcess, INB205— International Business Course Web site.
Axia College of University of Phoenix. (2008). Financial Forces. Retrieved November 30, 2008, from Axia College,
Week Four reading, aXcess, INB205— International Business Course Web site.
Axia College of University of Phoenix. (2008). International Competitive Strategy. Retrieved November 30, 2008,
from Axia College, Week Five reading, aXcess, INB205— International Business Course Web site.
Axia College of University of Phoenix. (2008). Organization Design and Control. Retrieved November 30, 2008,
from Axia College, Week Seven reading, aXcess, INB205— International Business Course Web site.
Axia College of University of Phoenix. (2008). Financial Management. Retrieved November 30, 2008, from Axia
College, Week Eight reading, aXcess, INB205— International Business Course Web site.