Overseas employees: expatriots or local labor?

Article Abstract:

Companies that establish foreign operations face the question of hiring expatriates or local labor for its business. This hiring decision is conditioned primarily by strategic objectives that include costs, productivity and other business needs. Expatriates offer companies the advantage of familiarity with corporate culture, knowledge transfer and required skills. On the other hand, local employees also offer certain advantages such as familiarity with the local markets, local culture and the possession of an insider's perspective of market development.

Foreign Operations Organization

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Five steps to finding the right business partners abroad

Article Abstract:

Considerations in expanding business into international markets include focusing on international objectives, defining ideal international partners, doing necessary homework, sorting through the diamonds in the rough and selecting the best of the best. International business relationships should be treated with the same degree of care and attention as treating domestic business relationships. Comprehensive preparation should be effected before embarking to an export business.

Foreign Operations Analysis, Exports, Business expansion

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More things to more people

Article Abstract:

Firms are developing just-in-time (JIT) programs in order to boost inventory flow and strengthen relationship with clients by delivering on-time what are needed by clients. JIT can actually boost one's business by cutting costs through faster delivery and efficient delivery to the market. The JIT system is applicable in a broad range of businesses from purchasing and final distribution to engineering and product development.

Inventory Control

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