Multinational enterprise (MNE) is “a company that is headquartered in one country but has operations in one or more other countries” (Rugman and Collinson 2012, p.38) that has at least one office in different countries but centralised home office. These offices coordinate global management in the context of international business. MNEs have increasingly essential influence on the development of the global economy and coordinate with other companies in different business environments. However, there are many issues involved with how MNEs operate well overseas, especially in emerging markets (EMs) (Cavusgil et al., 2013, p.5).
This paper provides the relevant knowledge of international business to examine and analyse the key issues for Huawei in its business and the international market place. Firstly, a brief introduction of Huawei will be given and its main drivers in emerging markets will be presented under the theory of foreign direct investment (FDI) before showing its entry mode. Then, there will be a discussion about the core external environmental issues that Huawei underwent when it operated its business in emerging markets: India and South Africa. Next, it looks forward to justifying the key opportunities and challenges when it moves in to India and South Africa. After that, Huawei’s international business operations with the evaluation of its company structure as well as control mechanisms will be specified. This part includes a section that how human resources management (HRM) impact its international business operations. At the end, the suggestions of external environmental issues need to be coped with in the future will show before drawing a conclusion.
Founded by Ren Zhengfei in 1998, Huaw...
... middle of paper ...
...ing the targets (e.g., target interim or completion dates, budgets).
2. Behaviour controls (formal control): involve defining the procedures to accomplish project objectives and performance is assessed according to the controlees following of the prescribed procedures (e.g., development methodologies, rules, and procedures). Outcome controls specify outcome targets, whereas behaviour controls focus on the process used to meet the targets.
3. Clan control (informal control): involves mechanisms that create common goals, values, beliefs, and expectations about acceptable behaviour (e.g., socialization, rituals and ceremonies, shared ideologies, hiring and training practices).
4. Self-control (informal control): involves the controlee determining his or her own behaviour (e.g., self-monitoring and management, empowerment and autonomy, self-set goals, and rewards).
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Huawei, a Chinese telecommunications equipment and services company established in 1987 in Shenzhen, China, has drawn worldwide attention in the recent years. Although many people have not heard of it or even pronounce its name right, the fact that Huawei has become the largest telecommunications equipment maker in the world cannot be overlooked. Benefiting from the Chinese economic reform led by Deng Xiaoping, Huawei gained the opportunity to develop its overseas markets; however, it was not enough for a small company like Huawei to achieve incredible success.... [tags: huawei, telecommunications, mao zedong]
1330 words (3.8 pages)
- 4.2 Creative advertising to create the image of a strong brand Research Question 2: Can China create international advertisements that would be conducive to advancing its global image and make use of soft-power. It has been well established by marketers and economists that a successful ad campaign is able to localize to the target audience and communicate messages in-line for the respective society. Advertisements often sell more of a “concept” of an ideal goal—that concept can vary slightly or dramatically from country to country, but its importance is undeniable.... [tags: International Market, Soft-Power]
1054 words (3 pages)
- Krom Bop-A-Lee’s experience in Bombay, India is undoubtedly a common one for those from First World countries unaccustomed to the relatively poor working conditions present in many parts of the world. As Westerners, many luxuries are taken for granted, and the absence of these luxuries can have a profound impact on one’s moral and ethical foundation. The Problem Within This Situation It is this impact upon Krom Bop-A-Lee’s psyche which serves as the primary problem in this particular situation. Krom Bop-A-Lee’s company should be proud to have her representing it; too often liaisons on international business trips of this nature are content to accept the overwhelming hospitality of their host... [tags: International Business, business model]
1158 words (3.3 pages)
- Table of Contents Executive summary 2 The company 2 Company description 2 Vision statement 3 Mission statement 3 Objective 3 Company background 4 Product/ service and industry 4 Product/ service description 4 Industry description 5 The market 5 Market and target customer 5 Competition and competitive advantage 6 Marketing strategy 6 Overall strategy 7 Sales plan 7 Competitive plan 7 Research and development or growth plan 8 The organization 8 Legal and organizational structures 8 Key personnel 8 Related service providers 8 Location 9 The financials 9 Critical risks 9 Income statement 9 Cash flow projection 10 Balance sheet 10 Start- up costs 10 Assumptions 11 Schedule 11 Conclusion 11 Refere... [tags: Business Plan for Cosmetics Company]
3000 words (8.6 pages)
- Introduction Many countries followed the mercantilism theory trying to become self-sufficient. However, economists believe that if countries who engage in international trade can benefit more under that environment. There are two main theories supporting free trade: absolute advantage and comparative advantage. (Daniels et al, 2015). Absolute advantage was a theory created by Adam Smith suggesting that different countries produce some goods better than others and that unrestricted trade would allow these countries to specialize in the products that give them a competitive advantage.... [tags: International trade, World Trade Organization]
1397 words (4 pages)
- Cultural Dimensions of International Business Introduction- This SWOT analysis is regarding Lion Nathan China Brewing Company and their competitive advantage in their business. The major issue in this case is analyzing the company's background and reasons for expanding into China while trying to forecast an appropriate managerial decision regarding the company's future. There are many sources of information we can use to inform us of the past decisions made and good data that can be used to make predictions about the future.... [tags: Globalization International Business]
1834 words (5.2 pages)
- Emerging Markets in Developing Countries India is a less developed country (LDC), with a population exceeding one million, an average per capita GDP of $583, low literacy and high infant mortality rates. There are just five phones and two internet users for every hundred people. Yet it is one of the fastest growing knowledge-based industries in the world. With a GDP growth of about 4% compared to 2% for the USA. Likewise, China is even experiencing a growth not less than 8% of GDP annually. Emerging economies, like India, China, Brazil and Russia will become more important as a consequence of high growth rates combined with large populations.... [tags: Economics International Business]
1002 words (2.9 pages)
- International Business Question No 1: Describe the four basic levels of international business activity.Do you think any organization will achieve the fourth level?Why or why not. Question No 2: For each of the four globalization strategies, describe the risks associated with that strategy and the potential returns from that strategy. __________________________________ Answer for question No 1: The four general levels of international buisness activity are: 1. Domestic business 2. International business 3. Multinational business 4. Global business.... [tags: International Business Management]
491 words (1.4 pages)
- International business contains all business transactions private and governmental, sales, investments, logistics, and transportation that happen between two or more regions, nations and countries beyond their political limits. Generally, private companies undertake such transactions for profit governments undertake them for profit and for political reasons. It refers to all those business activities which involve cross border transactions of goods, services, resources between two or more nations.... [tags: international production, companies]
1562 words (4.5 pages)
- International Business 1. International Business is a transaction between two or more countries and is primarily based in a single country, but acquires some meaningful share of its resources or revenues (or both) from other countries. It comprises a large growing portion of the world's total business. Although it's riskier and more expensive it allows for greater variety on different products and services at lower prices. Domestic Business is a transaction within the home country; it acquires all of its resources and sales, and all of its products or services within a single country.... [tags: Culture International Relations Business]
1681 words (4.8 pages)
- The Effect Otto Von Bismarck's Leadership and Politics Had on Pre-World War I Tensions in Europe
- Different Methods as to which Parasites Enter the Body
- Michael Hollinger's Naked Lunch
- Evolving in Wartime: Effects of the Psyche
- Marital Relationships: Couple Case Study
- To What Extent Did the Railroad Affect Westward Expansion in 19th Century America?