International Business Management Essay Example | Topics and Well Written Essays - 3000 words - 1

International Business Management - Essay ExampleThis essay stresses that the Argentina market moderate very well with Continentals business strategy. Basically, the core business strategy of Continental is found on its continuous growth strategy. Continentals expansion program enables the beau monde to maximize the dispersion of its operating costs within a specific geographic area. The said expansion strategy enables the company to have the power to offer competitive market prices to its target subscribers. Even before its existing technology becomes obsolete, the management team behind Continental ensures that the company has already invested a large sum of coin not only on bran-new technologies but also in other non-traditional cable function like residential and commercial voice, video and data communications services. This paper makes a conclusion that granted that Mr. Hostetters business strategy is based on being decisive and aggressive entry into new markets, the p lan of Continental to enter into a joint-venture with Fintelco is very promising. For this reason, it is safe to conclude that Continentals expansion approach is very much consistent with the business strategy of Mr. Hostetter. With regards to their concern with the significance of currency luck involved, the management team behind Continental should not be bothered with the fact that Fintelcos revenues would be dominated in pesos while its liabilities, interest expense and programming costs would be dominated in US dollars since the exchange rate between the two countries has been pegged by the Argentine government.