International Business Essay Example | Topics and Well Written Essays - 1500 words

International Business - Essay workoutThe Indian FDI policy allows 100 percent under the automatic route for Greenfield projects. British Airways, due to the options in stock(predicate) for investment in India, aims to devise strategical framework to enter the Indian market. Introduction International line of credit is different from domestic or national contrast operations and management. Conducting business in different countries requires strategic thinking from the management of the company. There is a greater difficulty in performing the functions effectively and combine them to serve organizational objectives (Aswathappa, 2010). According to Johnson and Turner (2009) the essence of international business is based on the secure undertaking and dealing with the consequences of international diversity which is mainly driven by globalization of markets, firms following customers, the intrust to overcome limitations of the home market, exploitation of differences between coun tries and regions based on culture, regulation and specific economic factors. Katsioloudes and Hadjidakis (2007) observe that laws, cultures and economic conditions differ within countries which are usually less marked that those among various countries. It is further express that polices in most of the countries vary altering the decision of the company to operate in a point country. Internationalization of business has benefited many organizations like TCS, Asian Paints, GE, Hewlett Packard and many more (Aswathappa, 2010). Moreover globalization has in any case led to the internationalization of business breaking the national boundaries allowing foreign companies to operate in their backyard. Underpinning the importance expanding its business operations, British Airways (BA) is planning to initiate business operations in India and other Far East countries in view of the increasing traffic, population and FDI policies. This paper analyses the opportunities and examine other fa ctors for expansion strategy of British Airways. British Airways British Airways is one of the worlds leading airlines and it has been on an apparent roller coaster with highs and lows since its privation in 1987. The airline has always been a strong supporter of the process of globalization and has tried to exploit the opportunities (Homer and Swarbrooke, 2004). BA aims to serve existing routes and markets, to identify new opportunities for branded services and products and to ensure its freedom to compete in world markets, all being undertaken in such a manner as to meet the predominate and subsidiary objectives (www.britishairways.com). British Airways operates a fleet of over 243 aircraft to around 140 destinations in 75 countries cater over 35 million passengers in 2006 (National Audit Office, Great Britain, 2007). Since its merger with Iberia, Willie Walsh, CEO of British Airways say of examining the possibility of entering the Indian and Far Eastern markets. Therefore the paper examines the internationalization strategies by evaluating the ethnic and sociological impact on the staff in context of India. Internationalization Strategies Jansson (2008) mentions that multinational corporation