Wednesday, September 18, 2019
Essays --
This studies it is to obtain significant extended knowledge on the organizational form and linkage exist in international business operation by examines the business model in international professional service firms (IPFS) in order to pursue transnational strategy. In global integration-local responsive (IR) framework acknowledged that Multi-national corporation (MNCs) combines the international activities in order to response need of various countries. MNCs face a lot of pressure and has been careful in conducting responsive in integrate and strategic coordination which is known as transnational strategy. Global integrative and responsive could be achieved through standardization of business model and the business model customized for local markets respectively. Business model could be defined as a structure, content which could govern the transaction between local firms with its exchange partner. It could be very difficult to IPFs in standardizing because of the individual experts on the firm are centralize what the firms going to be offer to the public. Service customization itââ¬â¢s important to IPFs as to delivery serve locally and globally, in order achieved it acquired different business model. Integration defined as a resources flow in firm by technology within MNCs at firm level. International strategy it is involve with organization factors, industry factors and environments factors. IR itself was not adequate for same industry which this firms may follow different strategy in pursuing transnational strategy. In overcoming those challenges is to apply the business model by understanding how the companies would balance the integration and responsive. IPFS assets consist of the highly educated workforce and complex knowledge.... ...frames. Besides that the continuous and repetitious business has moderate and high global integration potentials respectively. Contrast to the unique business model which has limited opportunities for global integration and internalization. This analysis provides mangers knowledge on when to standardize and when to adapt to local needs in the different phases of the service delivery process of various business models. Three distinct of business models that coexist in the firm has different level of opportunities for global integration. Itââ¬â¢s could be performed internationally but with different potential for global integration. The repetitious business model and the unique business model have the greatest potential and least potential respectively for global integration. This finding might relevant for other types where knowledge is the major value-creating resource.
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