What would you do Essay Example | Topics and Well Written Essays - 500 words

What would you do - Essay Example A friend had advised me that he had on occasion included a line item into his budget called a â€Å"Radio† item that would in essence make a lot of noise and attract attention but could be "unplugged" easily. He said that after the council focused all its attention on that item and it was finally removed, everything else would be approved with little question. The initial dilemma revolves around whether or not I would use some sort of ‘smoke and mirrors’ strategy to pass a budget that I personally believe to be sound. Or do I prepare a budget to the best of my ability and let it come under exceptional scrutiny. What this translates to is that I could examine this scenario from either an egoist perspective in which I would act in accordance with what I personally believe is in my own self interest or if I should view this situation under a utilitarian perspective in which I should choose the solution that brings the greatest good to the greatest number of people. There are a number of externalities to consider in this situation. One major concern is the decision making process of the town council. If it is the case that they are reasonable decision makers than it would be that I would possibly act differently if they are a group of vindictive or corrupt people. Secondly, special consideration must be made on the special conditions or items that I am placing in my own budget. For example, there may be a budget requirement that I believe is necessary for the effective running of a government bureau. If it is unlikely that a council will approve of this budgetary requirement, I may be persuaded to use some underhanded methods (Such as utilizing aggressive sales tactics) to educate the council of the benefits of this line item. Special consideration must be afforded to the idea that there may be some regulatory board that oversees my actions and if I were to use a ‘Radio’ tactic it may be that there are some serious legal ramifications that

Business Strategies Implemented Internationally Research Paper - 1

Business Strategies Implemented Internationally - Research Paper Example How should you organize the business outside of the U.S.? Marketing department handles the sales operation in an international market. Setup of the export department that is in direct contact with the CEO. Setup of independent franchisees or subsidiaries whereby each franchise functions individually and is in direct contact with the CEO (Hodgetts & Rugman, 1995). Should you set-up reasonably independent companies, subsidiaries, in each foreign market? Yes, setting up subsidiaries in each of the international markets is one of the best ways to manage business outside the local market. The franchises are run according to the demands of that country. This is called as the multi-domestic strategy. Another similar strategy; known as international strategy, in this concept certain departments of the international franchise are still maintained by the parent company (Aswathappa, 2008). In order to exercise control over each of the subsidiary, it is important that the companies know which of the strategies it is going to implement and their relevant advantages and disadvantages. A subsidiary board of director will manage the various subsidiaries and their work and hence in this way it is easy to maintain the reputation and decrease the chances of risk in reputation. It is better not to impose a strict brand image and it is also important that all the subsidiaries be linked with the help of the internet or any other software that might be available