Global Business - Assignment Example | Topics and Well Written Essays - 2500 words - 1

Global Business - - appellation ExampleAt the same time, a SWOT analysis and a PEST analysis fuddle been employed for revealing the potentials of the organization to improve its performance through internationalization. Three different methods for entering the trade chosen ar presented. It is concluded that the expansion of the firm in a foreign market could passing support the increase of its profitability but only if certain terms are met, as indicatively highlighted in the sections that follow. In any case, it seems that the continuous monitoring of the relevant process is necessary for avoiding unexpected failures.One of the well-nigh important characteristics of the world(prenominal) market is its high competitiveness, a fact that has been related to the expansion of globalization (Griffin 2008). At this point, the following issue appears how the potential of a firm to face the challenges of the global environment can be measured? The use of strategic tools, as those pres ented above, could possibly help towards this direction. Still, it is necessary to refer also to the global market trends in regard to the industrial sector involved (Nummela 2010). In the case under examination, tension should be given on the electronics industry. The global electronic industry is characterized by trends for harvest-time. In fact for 2013 the growth of the industry has been estimated to 5.4% (QFinance 2012) with trends for further growth in the years that follow. Of course, the influence of the recent recession on the finical industry has been severe, as also in all industries worldwide. Still, it seems that the potentials of the particular industry to face market pressures are important, even if not all parts of this industry has presented signs of growth (QFinance 2012). The above facts are critical when having to treasure the potential prospects of Elecdynes internationalization process. In case that the firm had tried to expand but in different environmenta l conditions, meaning the trends in the