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

International Business Management - Essay ExampleThis strive stresses that the Argentina market fit very well with Continentals concern strategy. Basically, the core business strategy of Continental is based on its unbroken growth strategy. Continentals expansion program enables the company to maximize the distribution of its operating be within a specific geographic area. The verbalise 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 up behind Continental ensures that the company has already invested a large sum of money not only on new technologies but also in other non-traditional cable services like residential and commercial voice, video and data communications services. This paper makes a conclusion that given that Mr. Hostetters business strategy is based on being decisive and aggressive entry into new markets, the plan of Contin ental to enter into a joint-venture with Fintelco is very promising. For this reason, it is safe to dissolve 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 risk 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.