Assignment 3 - individual written format business report an

3 - individual written format business report an organization i would like to work for - Assignment Example BCG has been consistently maintained a top five positions over the years as the best organization. Recently they were ranked third by the fortunes magazine’s 2014 list of â€Å"top 100 companies to work for† (12). There is a lot that goes on before one gets hired at BCG since the expectations are always high, but the experience is just phenomenal. The organization may be small in size, but it casts a relatively large shadow amongst its competitors, mainly McKinsey. This has in turn attracted many admirers in the business world who tend to compare themselves to BCG even though it is a consulting firm. The competition is intense at the organization; an insider says that the organization hires approximately one candidate in over 200 applicants for an associate position. The main secret to the rampant success at BCG has been mainly gaining good strategy projects that require planning and hard work as compared to implementation only. New ideas are highly appreciated in the company. This gives the organization varied approaches to tackle business hurdles. The organization had its downfall in business; in 2001, the global revenue hit a downfall as technological explosion ventured in the business. The event resulted to layoffs, and the organization had to reduce its support staff as well as consulting by 12 percent (WetFeet 38). The strategies employed by BCG may be seen as small, but they have long term solutions to business problems. This has enabled the organization to stay top of its competitors like McKinsey and Bain, even if BCG has less staff compared to the two. Intellectualism has always stood up as the best culture for the organization over the decades. An insider describes the company’s growth as just incredible. At one point, he says he used to know almost everyone in the offices but now there are very many people that he can hardly identify with (WetFeet 36). Despite having all the success and growth, the

Strategy of international Business Assignment Example | Topics and Well Written Essays - 4500 words

Strategy of international Business - Assignment Example The demand drivers for ABC could be the expansion in technology, country’s economic growth and the rising levels of disposable income. An environmental analysis of the company has been carried out as it will help in emphasizing the opportunities as well as recognizing the threats from which the company can get harm. International cultural diversity at ABC is explained. It focuses on the fact that the company welcomes ideas and opinion of their employees to ensure that they represent the international marketplace. They believe that having a diverse staff is crucial to their business. The control process and communication system of the company is also taken into consideration. Among the standardization and adaption approach, standardization approach has been suggested for the company because the standardization method influences the economies of scale which facilitates in lowering the cost. ABC, through their shows satisfies the various needs of audience, which is one of the cha racteristics of standardization approach. One of the main reasons for the adoption of standardization approach is that ABC does not need to differentiate its service or products from its peers as the company is already offering high rated shows on its channel. The marketing mix of the company is also taken into consideration. A market development strategy is suggested for ABC because all shows are already famous and loved by the existing customers and it can expand its business by tapping the new customers. The company could adopt several promotion strategies to make new customers aware of their shows. It has been also recommended that ABC should adopt licensing entry strategy because it will result in the augmentation of their revenue. International business includes entire commercial transactions such as governmental and private sales, transportations, logistics and investments that happen between different nations, countries and regions