Strategic Management And Investment Decisions Essay

Strategic management and investment decisions .

There are many ways how the state influence the global environment, this is when countries establish new global trading alliances ( like EU ) in which happens free exchange of goods, capital and information, and condition to create a business in a foreign country have been facilitated. That’s why it is important for managers to understand the aspects of global economics and how it influence their business. Although country’s not only the invite, subsidize and help to settle into international companies or create new business partners in faraway countries but the state role in managing in the global environment can create the bunch of challenges too.

Cultural intelligence encompasses three main areas: Knowledge of culture, mindfulness, and behavioral skills;

The economic environment causes trouble to lots of foreign managers, for example, fluctuations in currency exchange rates, inflation, and diverse tax policies.

In free market economy, resources are primarily owned by the private sector;

Strategic planning defines as deliberative, disciplined approach to producing fundamental decision and actions that shape and guide an organization. (Olson and Eadle 1982)

There are a lot of source for ideas. The context of idea depends on what kind of problem you want to solve, but after some research you can exclude the main sources of ideas: Trade Magazines, Research Journals, and Databases, Textbook, manuals or simple your minds.

But if you find it difficult to generate the ideas for yourself, there are some hints to find the way for ideal sources of ideas:

To find the information you need it takes longer than expected. It is important to keep calm with planning time;

Determination of what is already known about the idea is also important;

Do not refer to single reference. Always search for newer sources;