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

Management Questions - Essay ExampleConcentration is a unit of summary 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 concentration forget lead to an boilersuit reduction on the organizations credit risk exposure and its range of receivables thus increasing the firms diversificationThe focusing should be deeply concerned in overcoming sign pitfalls and in provision of the finances required in the export process. These he finish do by closely monitoring the efforts towards international merchandise.The oversight should undertake export guidance from qualified personnel which will assist them in developing a right(a) marketing strategy prior to the start of the export business. The developed strategy should incorporate the export objectives convinced(p) expected negatives.The management should be extra cautious when selecti ng distributors from overseas. Best distributors are those who are very self-governing in their work. However, the international distributors should be given the same treatment as the domestic counterparts with much violence on orderly 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 severally 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 fixed costs. Question fiveThe management might be required to divert its mention personnel from the domestic responsibilities 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 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 many strange languages involved in the exporting business. Together with these the company might need to add its plant facilities so as to administer with the now expanding market.Export 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 donjon pace with the highly competitive global market, the local customs authority and the travel arrangements.Question sextupletWhere transportatio n means are not available the company will make low sales. in any case when the transportation costs are too high the company will be constrained on the amount to