International Business Advantages And Disadvantages

INTRODUCTION:

With the outbreak of international business and the goodies that accompany it, such as; increase in technological advancement, cultural diversity, economic advancement for the nation and the immediate environmental population, better infrastructure and increase number of employment opportunities; international business remain a challenge to the local worker in all sectors.

Most international companies begin as a serious attraction for local labor with their attractive environments, office and charming communities with an admirable diversity to races and talents. However, for the local worker, the highly competitive salary is the most attractive factor since these well funded giants strive to make their workers relatively happier

This is just right and understandable, nevertheless, their local counterparts feel left out in the distribution of system financial resources triggering a serious sense of dis-satisfaction in an opportunity that is comparatively savvy based on local market. In fact, the personnel cost including benefits for the expatriate staff compared to the local staff is strikingly

The management was copied, though, outlining the gap in living conditions of its members compared to the others. Though, they ended up with some review of their situation, it significantly portrayed the plight of many who find themselves in international work environments where disparity in workforce living condition trigger sentiments that did not exist when they took the job.

In today’s business, staff engagement, where workers are ready to go out of their normal job description to give customers that product and service which the competition cannot afford; remain critical to ensuring customer loyalty. The power of the employee has significantly grown in the same direction as the power of the customer and any company that strive, as a matter of culture to improve both will drastically improve productivity and