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Global Expansion of the Domestic Company

The home company's name is Prestige, INC, which is managed by Adam Sammons. James Sammons is also the Chief Executive Official (CEO). Within the last few years the business has grown quite definitely due to its good services. Domestically it did so well in providing its services; entertainment services for any types of people, in advertisement of product many businesses choose to use this company because it's the best, in broadcasting news it's the best company since it addresses both domestic and global reports and and yes it is the foremost company known in providing careers to many people in the united states. Other than the broadcasting services the business has included itself in other slight services, example providing banking services domestically and seeking to involve many youths in video games activities hence sponsoring various golf clubs in the country and also having its own soccer team. For these and a great many other reasons different overseas shareholders have created desire to carry out business with the corporation. The CEO has made a decision to increase his services not only domestically but also internationally and mainly to Great britain and China where he guesses culture and business activities done in those countries will be in line with what he is doing in the home country. To make these possible the exec committee decided they had to choose two expatriate to be employed in those countries and another professional committee to accompany them with mother board of directors to assist them. The business had to write a report on those employees who will be inclined to work in those two countries, the executive committee and the mother board of directors and they are the results.

The work of expatriate being that of remaining outside their house country and doing the assignment for its home organization concerning business they face different challenges (Caligiuri and Colakoglu, 2007). The business also faces cost problems in preserving these people nevertheless they must make sure they offer the best to these individuals to make sure they are perform their work very well. Some of the obstacles the expatriate may face includes; change of environment and attempting to adjust to it, cultural distinctions, socializing and making new friends in foreign countries, in addition personal financial crisis in these international countries is a problem to them, health problems to these folks and of course trying to learn, understand and talk to the language of this international country becomes a problem to them (Bonache and Noethen, 2014). To these impact then the executive committee should be aware of these problems and therefore supply the best because of their employees to stay them with their job. A number of the ways the company may involve themselves in aiming to enhance the lives of the expats may include; first the business must educate them effectively and make sure they are aware of those difficulties, they also needs to assign the right obligations to these individuals never to make their life more-harder by giving them a lot of unnecessary pressures, financially the organization should be ready to spend correctly and offer every dependence on their worker (Bonache and Noethen, 2014). The business also should motivate their employee any time they realize they achieve something of great importance by giving them good rewards.

Being aware of the troubles that the expats face, the company should be very enthusiastic in selection of the right employees. The professional should first consider the right characteristics of the employees. These characteristics are the following; first the employee should open-minded, this means that the person should be able to consider the ideas of other people and striving to put into practice them with an aim of improving the business enterprise (Wang, 2008). Second he must have cultural sensitivity in that, being in a new country where there are diverse civilizations not the same as that of home country he should prepare yourself to accept these cultures and adapt to them as first as you can. Furthermore, the worker should be versatile in that he is able to comfortably adapt to new systems of life and be part of computer (Bonache and Noethen, 2014). Being daring is another quality the company should consider to the staff; someone who is ready to take risks of most kind and being strong in difficult situations where he will get quick answers to them. Finally, the employee should be wondering; having those strong desires to learn and understand the new civilizations, surroundings and job that will lead to success of the business.

For the guidelines, the business to provide for the expatriates will include; payment and benefits the employees will have; for the incomes the company and the employee must have a well-defined arrangement and the business must not go in unlike it (Wang, 2008). The company should be responsible to all the expenses the expatriates will incur for journey to the international country and also should compensate all the expenses the worker will incur travelling to different places in the country in name of the business enterprise (Caligiuri and Colakoglu, 2007). The employee is likely to follow simple guidelines; he's not likely to be hitched person of course, if married he should not take with him more than one child, no dog or cat is allowed through the flight time, he is not allowed to transport with him other digital except his mobile phone others will be bought by the company once he will come to the united states. In order to learn the culture of men and women fast and used to it he is not allowed taking with him any clothing either for the children or the partner if married the business will manage everything after they arrive to the united states. The employee does not have any right to choose where to be sleeping the business itself should determine and be liable of everything for accommodations (Bonache and Noethen, 2014). The expatriates are suggested to carry with them the catalogues of the business as they proceed to overseas. They are also required to hold the price set of their products and go equate to those in abroad.

For the professional committee and plank of directors who'll be selected to go to overseas they must be committed to growth of the business. To make sure their potential to development, the CEO must choose the best technique to do that (McEvoy and Buller, 2013). He shouldn't choose this executive committee from outside his company he should consider the most energetic members in the past years from the company and promote the persons concerning be customers of the committee. Using this method, the CEO is aware of their competence in work and hence even in abroad they will perform with their best (Wang, 2008). Possibly if the CEO select people from outside him will never be aware of their performance where they may go to abroad and produce nothing at all in return.

Similarly, for the CEO to get the best from the professional committee, plank of directors and the expat he should provide bonuses to them. These bonuses include; compensation incentives where if the business is accomplishing well and making profits it should involve them in earnings sharing, putting your signature on of add-ons and raises (Bonache and Noethen, 2014). Also there are identification incentives where in fact the CEO praises his employees, thanking them when they take action worth. In addition, there is the reward incentive where the CEO may provide gift ideas to the employees, presenting financial rewards and also issuing certificates to the employees after they accomplish a certain period in the abroad. Therefore, the employees will fell the warmth of the CEO which will motivate them to do even better than they could did before.

Being a media company, mailing of expatriates to abroad leaps a whole lot of benefit to the company. First the company is able to realize the available opportunities and today's market situation in those countries. The company will be able to know the kind of ad his company will be airing and hence getting a opportunity for his company to fit in that one country (McEvoy and Buller, 2013). They may also check on the population syndication and this may help the company to be aware of the kind of entrainment services to provide to the united states and pleasantly fit to the country's current situation. Understanding of the culture of the particular country will help the company to learn the type of episodes it'll be concentrating in and make the audience comfortable. Therefore, sending the expatriates to the international can help the expansion of the company greatly.

Sending expatriates sometimes becomes challenging for the business. This is because they company incurs a whole lot of cost in retaining them in overseas and also sometimes the expected results frustrate the company (McEvoy and Buller, 2013). Some of them when they go the foreign countries they cannot deal with the hard life there and choose to keep coming back their country. This counts to a lot of losses to the company has recently it had put in too much to the employee. Failing to know the actual goal of some employees when they are send to prospects countries also becomes a challenge to the business (Caligiuri and Colakoglu, 2007). A number of the employees may choose to use the name of the business to benefit themselves and this creates an unhealthy image for the business while the worker creates his name better. Also they may give false leads to the company and the business engages itself to the business enterprise and there after becomes stress to them given that they didn't know the real truth.

In Great britain, many people like entertainment and the populace distributions in the united states is also good; in conditions of gender this helps the company to own balanced human population which is very cheap to offer services to(Caligiuri and Colakoglu, 2007). Also Britain is developed country, more and more people concentrate most running a business so for advertising campaign services the company will in a position to offer the service effectively. Furthermore, the country is very competitive in conditions of businesses therefore this will give my company an issue which will have a great impact back in the local country as well as in this overseas country. Prestige, INC also deals with other services like bank and in Britain it's the only potential country where you can prosper well in banking services. This because many people are in urban areas hence conducting the business enterprise will be cheaper since it is centralized in a single area (McEvoy and Buller, 2013). There are so many proficient young people in Great britain so starting a soccer team will gain many participants that will increase on the acceptance of the company hence more customers. Therefore, choosing Great britain had a great deal of reasons; it's well sent out population, competition running a business, centralization of men and women in urban areas and lot of talented teenagers. All of the above reasons can make the company to expand with higher rate (McEvoy and Buller, 2013). England does not have so many cultures like my domestic country therefore it's not hard to choose what to offer to the clients. They commonly speak British which in also spoken in my country. This is added advantages as you will see no problems in communication among people.

China is a very highly populated country and although a large ratio of the populace is Buddhist, there are dozens of other religions and ethnicities represented in the country. The differing types of ethnicities offers many opportunities for my business. This is because one is able to diverse into different cultures and hence provides the best for them. In China, there are so many celebrities who do it to preserve their ethnicities. This also becomes an edge to the business (Caligiuri and Colakoglu, 2007). The country is so good in conditions of technology. This will help the media company since there would be cheap labor in terms of maintenance of the equipment required for press services. The largely used words in China is Chinese language. With that one has employ people from the locality to be able to reach every person in China.

In finish, choosing these countries got big concern because first you'd to do a thorough study. To do this employing expatriates become expensive typically in China because many employees cannot adjust to the civilizations and dialects. Also getting business in these countries one needed to get the permission from the federal government where they may have complicated techniques. Also appropriate in these new countries and learning to be a danger to the already existing businesses also was a large challenge.

References

Bonache, J. , & Noethen, D. (2014). The Impact of Individual Performance on Organizational Success and its own Implications for the Management of Expatriates. International Journal of Individual Source of information Management.

Caligiuri, P. M. , & Colakoglu, S. (2007). A Strategic Contingency Method of Expatriate Assignment Management. Human Source of information Management Journal.

McEvoy, G. M. , & Buller, P. F. (2013). Research for Practice: The Management of Expatriates. Thunderbird International Business Review

Wang, I. (2008). The Relations Between Expatriate Management and the Mentality and Adjustment of Expatriates. Friendly Action & Personality: A GLOBAL Journal.

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