In terms of the employing procedures of the organization by inviting investors and hopeful business enthusiasts in joining the business, it would be best for the organization to find ways by which they are to be able to provide what the said stakeholders expect of the company’s system assistance program. It could be noted that most of the people who are joining such type of companies are not actually that familiar with technical business procedures.
Most of them are ordinary people who are seeking for fine employment that they are more than willing to release money to be able to receive fine and considerable dividends of the funds that they release.
Hence, training them in becoming more reputable and reliable in terms of opening and closing business deals with clients should be enhanced by the company. It should always be recognized that they are one of the most important key factors that work towards the company’s progress. They are also part of the market that company serves.
Hence, empowering them to attract more and more members that would bring in profit to the organization is necessary to be able to ensure the company of a continuous growth of business transactions and international operations. The trainings could include the procedures by which the said members could find the prospect clients and prospect business partners that could help in the expansion of the organization towards a larger market scope. The communication skills that would equip them of the “charisma” that they need to close business deals should be given clear and fine attention by the trainers.
As the best investment of the organization, the trainings shall be designed to assist the people in becoming more competent within the jobs that they are trying to complete for the company. From this point, it could be noted that the networking procedure that the Herbal Supplement manufacturing and distributing company adapts its system to certainly proves to be much effective in terms of company progress procedures as well as in fulfilling major growth goals of the company itself.
The adjustments that only need to be attended to are the empowering of the people who are joined in with the business and the enhancement of the innovative approach in producing the products offered by the company. Focusing on the said factors of company improvement, it is not that impossible for the organization to gain international recognition within two more years of business operation. Conclusion
Entering the arena of international business venture is indeed not an easy task for business entrepreneurs. However, because of the main focus of globalization in empowering dreamers of the said industry helps much in assisting entrepreneurs in seeing the possibilities of enlarging the scope of their territories of profitable areas through stretching their business activities towards the other countries around the globe.
It could not be denied though that the procedure of international business looks much inviting, it should not be forgotten that the risks are highly challenging, hence encouraging the entrepreneurs to apply clear control of the situation through applying the needed skills to face the challenges of the international business transactions. Expanding the business in this procedure is indeed promising; however, careful consideration on the elements of risk should be given clear attention by the hopeful business entrepreneurs.
References:
Website Marketing. (2001). Importance of Marketing. http://tools. devshed. com/c/a/Website-Marketing/Importance-of-Marketing/. (May 24, 2007) Brown, Stephen (1993), „Postmodern Marketing? “, European Journal of Marketing Vol. 27 No. 4, pp. 19-34 Brown, Stephen (1998), „Post-Modern Marketing 2 – Telling Tales“, Thomson Business Press. Ralph H. Folsom. (2005). Principles of International Business Transactions (The Concise Hornbook Series). West Publishing. Ralph H. Folsom. (2006). International Business Transactions: A Problem-oriented Course. West Publishing. Peter L. Fitzgerald. (2005). International Business Transactions: A Problem-oriented Coursebook. West Publishing.
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