Development Complexity
When an organization moves from being a domestic entity to an international organization it must consider the possible broad complexities that accompany such a decision. In a domestic country, an organization must only consider one national government, a single currency and accounting system, one political and legal system, and usually a similar culture. Entering into one or more foreign countries can involve multiple governments, currencies, accounting systems, legal systems, and a large variety of languages and cultures. This can create numerous barriers to entry for an organization looking to expand internationally.
Read more about this topic: International Strategic Management
Famous quotes containing the words development and/or complexity:
“If you complain of people being shot down in the streets, of the absence of communication or social responsibility, of the rise of everyday violence which people have become accustomed to, and the dehumanization of feelings, then the ultimate development on an organized social level is the concentration camp.... The concentration camp is the final expression of human separateness and its ultimate consequence. It is organized abandonment.”
—Arthur Miller (b. 1915)
“It is not only their own need to mother that takes some women by surprise; there is also the shock of discovering the complexity of alternative child-care arrangements that have been made to sound so simple. Those for whom the intended solution is equal parenting have found that some parents are more equal than others.”
—Elaine Heffner (20th century)