Question: Please read the question and the answer below, state whether you agree or disagree with the answer, and elaborate. Cite at least one reference to
Please read the question and the answer below, state whether you agree or disagree with the answer, and elaborate. Cite at least one reference to support your response.
NOTE: A reference list is very important.
QUESTION:
Discuss how international firms manage the organizational structure control functions in managing international operations. Please discuss in no more than 250- 300words.
ANSWER:
Organizational structure control functions are essential for successful international operations management. International firms must determine how to best manage the activities of their employees in different countries and regions to ensure they are working towards the same goals. In order for the activities to be efficient and effective; organizational structures should be designed for the setting up of functions and responsibilities among departments, creating clear lines of communication, and establishing a culture of collaboration and cooperation between different teams. Additionally, international operations may require different levels of authority and decision-making processes depending on the region.
Organizational structure control functions also involve controlling costs and resources. International firms must be aware of the costs associated with their operations, both in terms of financial resources and the resources required to manage them. They should also identify potential risks to the organization, such as political or economic instability, and develop strategies to mitigate them. In addition, international firms need to consider the cultural differences between countries and regions. Different countries have different laws, regulations, and customs, and this can affect how operations are managed. For example, some countries may have stricter laws around employment or labor practices, or may require additional certifications for certain positions. By understanding the local laws and regulations, international firms can ensure that their operations are compliant and ethical.
Finally, international firms must ensure their organizational structure control functions are in line with their overall strategic objectives. By setting performance metrics and tracking progress, firms can measure their success and make adjustments as needed. Therefore, international firms need to carefully consider their organizational structure control functions in order to effectively manage their international operations.
References
Mani, M.J., Neely, J.D., & Turner, R.C. (2019).Managing international operations:The role of organizational structure control functions. Journal of International Business Studies, 50(4), 458-476.
https://us.sagepub.com/sites/default/files/upm-assets/16320_book_item_16320.pdf
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