Describe how organizations can overcome the geographic, cultural, and language challenges when seeking potential suppliers. Give specific examples.
Decide how organizations can instill the same ethical standards in overseas suppliers, especially Asian suppliers.
Explain what other two (2) assessments in addition to what is published in the Global Competitiveness Report you might need to determine the risks and opportunities of an overeas supplier for your company or organization. Expand on the value add of these two (2) assessments.
Preview of the answer..
One of the main challenges that face businesses that decide to operate globally is culture and language differences. Managing geographic differences is not much difficult since organizations can have a single command office located at home. Employees working in foreign nations get their instructions from this office. However, language and culture is difficult to deal with as it involves dealing with clients which the management team might not have a direct contact with. There are several ways..
APA 681 words