Management Questions Essay Example | Topics and Well Written Essays - 1250 words

Management Questions - Essay ExampleConcentration is a unit of compendious measures that connects proportion with numbers. Regardless of the knowledge on customers risks of individuals with high accuracy degree or knowledge on the relationship between customers risks a reduced minginess allow lead to an overall reduction on the organizations credit risk exposure and its range of receivables thus increasing the firms diversificationThe vigilance should be late concerned in overcoming initial pitfalls and in provision of the finances required in the export process. These he can do by closely supervise the efforts towards international marketing.The management should seek export guidance from qualified personnel which will assist them in developing a good marketing scheme prior to the start of the export business. The developed strategy should incorporate the export objectives plus expected negatives.The management should be extra cautious when selecting distributors from oversea s. Best distributors atomic number 18 those who are very independent in their work. However, the international distributors should be given the same treatment as the domestic counterparts with much emphasis on dapper growth and profitable ventures.The management should never hold assumptions that given product marketing techniques will obviously succeed in all countries i.e. what works in Israel may fail in Korea. It is therefore important for the management to treat each market separately in order to succeed.Since each country has a different culture and therefore a different cultural preference the management should have the willingness to modify their products so as to meet the said differences. The management should take advantage of economies of scale. This can be made possible through the enlargement of the overall sales base so as to spread the exports touch on costs. Question fiveThe management might be required to divert its key personnel from the domestic responsibiliti es so as they can help in developing the companys export procedures.The initial procedures and start-up decisions might end up consuming most of the companys precious time a thing that will slow its operations.The on the whole excise might turn out to be very expensive since the sales promotion material, brochures and catalogues will be required to be translated in the numerous foreign languages involved in the exporting business. Together with these the company might need to add its plant facilities so as to cope with the now expanding market.exportation will definitely require additional funds because it is known to be a very expensive exercise which involves regular product modifications so as to meet the varying specifications of the foreign markets. The management will be required to allow credit terms so as to keep pace with the super competitive global market, the local customs authority and the travel arrangements.Question sixWhere transportation means are not available t he company will make low sales. Also when the transportation costs are too high the company will be constrained on the amount to