Globalization And Expansion Of Businesses: Analysis And Solutions

Issues

Discuss about the Globalization and Expansion of Businesses.

Business success is truly dependent on the various decision criteria’s that businesses make. Every business has its own issues and challenges that it faces and then adopts various decision criteria have to overcome the same. Decision criteria play an important in every business function, and challenges faced. The major decision criteria that a company faces are in regards to increasing its market share and profitability. In order to attend to the same various possible strategic alternatives are evaluated by the company. The report has been written in broad perspective involving the various steps of decision criteria incorporating in specifics from Adobe case study in the video. The analysis has been done on the basis of interview given by Stephen Hamill, Managing Director of Adobe for South East Asia. The issues that he had highlighted and the potential causes for the issue and then subsequently the various alternatives adopted by the company is also highlighted in the analysis. In the end implementation and implication for the decision criteria has been applied.

Don't use plagiarized sources. Get Your Custom Essay on
Globalization And Expansion Of Businesses: Analysis And Solutions
Just from $13/Page
Order Essay

Companies globally are facing a wide range of issues for which they need to develop a decision criterion. The decisions needs to be specific to the issues and challenges faced in businesses. The various issues that businesses face today in the dynamic environment are in regards to financial, marketing, environmental, human resources and so on. The complexity and range of problems are dependent on the organization. an ideal example of an issue faced by a leading software manufacturer is Adobe, which was established in the year 1982. Since inception it focused on the strong customer base and partner relationships.

The Adobe software was the outcome of the efforts made by John Warnock and Chuck Geschke. Since last 25 years adobe has proved its excellence in capturing wider market, like any other companies adobe has been the leading market player in software business but the major issue lied on shaping the business how to make a successful company like Adobe a more bigger and successful company and capture the widest market share in the coming years. When the company is able to deal with this issue then it is also able to increase its share price in the market and attract a wide range of investors. The major considerations while dealing with a pertinent issue in business is to account for its ethical consideration built into the decision criteria.

Causes

Causes forms an important and integral part of the decision criteria as the underlying origins of the problems needs to be determined. Causes for the issues in decision criteria may reflect origins specific to the issues or any surrounding issues. In order to focus on the causes and take out relevant data proper analysis and understanding of the company problem is must.   

The major cause of issue in Adobe was market saturation, where the company existing volume of services and products has reached the maximized state. Adobe in its current market needs to develop a new innovative product for further growth and development. As a result Adobe came up with biotechnology method for its large customer base. The challenge faced by the company was to reach the customer base as this professional technology was very expensive to afford. Many customers did not buy this technology as they used to operate the pirated versions as the piracy rate was very high. Lack of legal right to the product made it more difficult for customers to access the technology and hence greatly decreased the popularity for this product. This cause was the major potential threat for Adobe in its decreasing market share as well as share price.

In decision criteria for organizations when a particular issue is faced then the causes for the issues is analyzed. All the several causes post their analysis, alternative courses of actions is prepared. These alternatives form the basis of the solutions to the challenges the company is currently facing. Alternatives depends upon the choice of the business leaders, an ethical organization is more likely to follow an alternative that yields value based solution. Similarly a business that follows or is more prone to unethical course of action might not consider value systems.

While analyzing the case problem for Adobe it has been seen that the company is facing immense challenges in regards to its market. Whenever Adobe comes up with a new product customers starts struggling to get the pirated version of it to avoid paying thousands of dollars to acquire the original software. But in order to combat this situation Adobe has come up with a new technology which is not packed and sold in boxes but which is a subscription package of cloud model which were made available to the customers at very reasonable rate. This product could not be pirated as the original versions are available at a reasonable price, hence customers can have the ownership of the original adobe product.

Alternatives

Though piracy still exists, Adobe needs to provide excellent service in order to get the stickiness of their customers. Adobe can also consider lowering the price of its existing products. The delivery of cloud based technologies, its services and transferring of files via mobile app from one mobile to another requires a subscription plan. With the lower subscription price Adobe can minimize the piracy of its software, by converting customers to use the original version. The winning edge over piracy can only be achieved when the company provides excellent services to increase customer satisfaction and grow into a much bigger company. These are the various alternatives considered by the Adobe in order to face the challenges faced by it. Accordingly various businesses will have various problems and alternative courses for solutions. It is only pertinent to select the correct alternative that incorporates in ethical norms and procedures.

The decision criteria for any business issue is dependent on the above steps of diagnosing issues, then finding relevant causes and final arrival of the solution to the problem. Each of the decision criteria decided upon by the company is based on several strategic choices that the company makes for its various processes. The decision criteria involve evaluating major strategic alternatives for the company. The best decision at the end of the process is selected that encompasses company’s vision, mission and norms. The below table reflects the decision criteria’s that businesses needs to consider prior to their application in business.

Objectives

Decision Criteria                                     

Definition

Issues and causes

Launching of new advanced product to spread the market share

Launching of new products when market saturation is reached

Interactions with employees

Open and honest communication and maintaining the work environment

Employees are treated fairly and communication are transparent and open to the employees at each level providing vibrant and safe environment and protecting the employees against discrimination and harassment

Interaction with customers, clients

Adopting fair and responsible approach

Customer satisfaction is the priority which will further lead to upsell of the product

Innovations and involvement

Giving back to the communities where they operate and helping their users

Adobe is continuously striving to fulfill these criteria’s

Business interactions

Fair dealings and open and justifiable competition

Supporting documents for all the sales and not involving in any deals which hinders the competition level.

Table 1 : Decision Criteria

Source : 21

Recommended solutions are totally dependent on the decision criteria and evaluation of the alternative courses of action. Every business decision is primarily taken up by senior members of the business along with their shareholders view of the same. It is always acceptable that business leaders adopt strategies and solutions that are beneficial to business performances. Business ethics and corporate responsibility norms needs to build into each and every aspect of recommendation. Recommendations is totally dependent on the type of business, the expectations that stakeholders of business holds for it and the strategic goals for the organization.

In the case study for Adobe, Adobe Photoshop has been a major booster towards the revenue earnings of the company. The company has moved up from providing desktop technology and software to a technology provider for larger business enterprises .The cloud subscription launched by Adobe has led to the decrease in piracy with its presence and accessibility in the market at reasonable prices and outstanding services. Adobe Livcycle, a family product which helps business to manage the information flow within the organization in a secured manner. Adobe Integrated runtime (AIR) has the capability to transform the web applications into a branded desktop application which can be accessed online, offline and at occasionally environment.

Decision criteria

Adobe reader is the most widely used product which is easily available online and are accessed in office laptop, computers and desktops at every level. Adobe flash player had aided the user to create and work on advance multimedia contents on digital platform. The company has successful in laying down the industry standards and is accepted and recognized globally. Adobe creative designs help the industries to outperform in laying down the creativity workflow which further increases the revenue of adobe. Adobe also acquired Adobe shockwave and Flash making adobe the largest software company with designed products.

Any decision criteria selected by the company needs to be implemented in order to yield appropriate results. The implications will be dependent on the decision criteria made and implementation of the same. In the implementation phase for the case study example, Adobe analytics implementation includes terms, code and information on how data is collected. The implementation is best understood by;

  • Reports and report suits – It is a complete independent reporting set on a chosen website or web pages. The global segment can be combined to get several numbers of sites but usually a report suit is one website.
  • Metrics – It is the foundation of reports which let you understand data relationship and side by side gives information about comparison of data sets about your website.
  • Analytics code-Here the Java Script implementation is used to send data to Analytics. In report suit data is sent to display in reporting.
  • Data Collection –Through Adobe multiple ways were created to send data into Analytics. The methods or techniques used in tracking information from websites, client-server applications, kiosks, emails, mobile devices etc. can access internet.
  • Marketing Cloud Debugger- The Digital Pulse Debugger or Adobe Debugger is a tool which is provided by Adobe is a free tool which enables to view the collected data from the site on any given page.

Adobe being a single – user software anticipated several market trends-from universal print language to distribution of electronic documents. Adobe products have created relationship in an organization between partners and customers. Adobe in future will come up with new avenues for collaboration using its interactive documents like Acrobat and PDF9Portable Document Format.

References

Adobe. “Challenges.” https://www.youtube.com/watch?v=AqXRrrrnZlk&feature=youtu.be, Retrieved on 19th August, 2016.

Ahmad, Norita, Berg, Daniel, and Simons, R. Gene. “The integration of analytical hierarchy process and data envelopment analysis in a multi-criteria decision-making problem.” International Journal of Information Technology & Decision Making 5, no. 02 (2006): 263-276.

Boran, Fatih Emre, Genç, Serkan, Kurt, Mustafa, and Akay, Diyar. “A multi-criteria intuitionistic fuzzy group decision making for supplier selection with TOPSIS method.” Expert Systems with Applications 36, no. 8 (2009): 11363-11368.

Bouyssou, Denis, Marchant, Thierry, Pirlot, Marc, Tsoukiàs, Alexis, and Vincke, Philippe. Evaluation and decision models with multiple criteria: Stepping stones for the analyst. Vol. 86. Springer Science & Business Media, 2006.

Bowditch, James L., Buono, Anthony F., and Stewart, M. Marcus. A primer on organizational behavior. Wiley, 2007.

DaÄŸdeviren, Metin, and Yüksel, Ä°hsan. “Developing a fuzzy analytic hierarchy process (AHP) model for behavior-based safety management.” Information Sciences 178, no. 6 (2008): 1717-1733.

Dodgson, J. S., Spackman, Michael, Pearman, Alan, and Phillips, L. D.. “Multi-criteria analysis: a manual.” (2009).

Glyn, Elwyn , O’Connor, Annette, Stacey, Dawn, Volk, Robert, Edwards, Adrian, Coulter, Angela, Thomson, Richard et al. “Developing a quality criteria framework for patient decision aids: online international Delphi consensus process.” Bmj 333, no. 7565 (2006): 417.

Recommended Solution

Gandibleux, Xavier, ed. Multiple criteria optimization: state of the art annotated bibliographic surveys. Vol. 52. Springer Science & Business Media, 2006.

Greene, Randal, Rodolphe Devillers, Joan E. Luther, and Brian G. Eddy. “GISâ€ÂBased Multipleâ€ÂCriteria Decision Analysis.” Geography Compass 5, no. 6 (2011): 412-432.

Herzberg, Frederick, Mausner, Bernard, and Snyderman, Bloch Barbara. The motivation to work. Vol. 1. Transaction publishers, 2011.

Ho, William, Xu, Xiaowei, and Dey, Prasanta K.. “Multi-criteria decision making approaches for supplier evaluation and selection: A literature review.”European Journal of Operational Research 202, no. 1 (2010): 16-24.

Koltko-Rivera, Mark E. “Rediscovering the later version of Maslow’s hierarchy of needs: Self-transcendence and opportunities for theory, research, and unification.” Review of general psychology 10, no. 4 (2006): 302.

Levin, Phillip S., Fogarty, Michael J., Murawski, Steven A., and Fluharty, David. “Integrated ecosystem assessments: developing the scientific basis for ecosystem-based management of the ocean.” PLoS Biol 7, no. 1 (2009): e1000014.

Linkov, Igor, Satterstrom, F. K., Kiker, Gc, Batchelor, Cd, Bridges, Td, and Ferguson, Ed. “From comparative risk assessment to multi-criteria decision analysis and adaptive management: Recent developments and applications.”Environment International 32, no. 8 (2006): 1072-1093.

Lynam, Timothy, Jong, Wil De, Sheil, Douglas, Kusumanto, Trikurnianti, and Evans, Kirsten. “A review of tools for incorporating community knowledge, preferences, and values into decision making in natural resources management.” Ecology and society 12, no. 1 (2007).

Munro, Salla, Lewin, Simon, Swart, Tanya, and Volmink, Jimmy. “A review of health behaviour theories: how useful are these for developing interventions to promote long-term medication adherence for TB and HIV/AIDS?.” BMC public health 7, no. 1 (2007): 1.

Need, What Competencies Do HR Professionals. “Human resource management: Gaining a competitive advantage.” (2006).

Rahmani, Nooshin, Talebpour, Alireza, and Ahmadi, Taher. “Developing aMulti criteria model for stochastic IT portfolio selection by AHP method.”Procedia-Social and Behavioral Sciences 62 (2012): 1041-1045.

Saaty, Thomas L. “Decision making with the analytic hierarchy process.”International journal of services sciences 1, no. 1 (2008): 83-98.

Sell, Joachim, Koellner, Thomas, Weber, Olaf, Pedroni, Lucio, and Scholz, Roland W.. “Decision criteria of European and Latin American market actors for tropical forestry projects providing environmental services.” Ecological Economics 58, no. 1 (2006): 17-36.

Triantaphyllou, Evangelos. Multi-criteria decision making methods: a comparative study. Vol. 44. Springer Science & Business Media, 2013.

Wang, Jian-Jun, and Yang, De-Li. “Using a hybrid multi-criteria decision aid method for information systems outsourcing.” Computers & Operations Research 34, no. 12 (2007): 3691-3700.

Yu, Po-Lung. Multiple-criteria decision making: concepts, techniques, and extensions. Vol. 30. Springer Science & Business Media, 2013.

Yüksel, Ihsan. “Developing a multi-criteria decision making model for PESTEL analysis.” International Journal of Business and Management 7, no. 24 (2012): 52.

What Will You Get?

We provide professional writing services to help you score straight A’s by submitting custom written assignments that mirror your guidelines.

Premium Quality

Get result-oriented writing and never worry about grades anymore. We follow the highest quality standards to make sure that you get perfect assignments.

Experienced Writers

Our writers have experience in dealing with papers of every educational level. You can surely rely on the expertise of our qualified professionals.

On-Time Delivery

Your deadline is our threshold for success and we take it very seriously. We make sure you receive your papers before your predefined time.

24/7 Customer Support

Someone from our customer support team is always here to respond to your questions. So, hit us up if you have got any ambiguity or concern.

Complete Confidentiality

Sit back and relax while we help you out with writing your papers. We have an ultimate policy for keeping your personal and order-related details a secret.

Authentic Sources

We assure you that your document will be thoroughly checked for plagiarism and grammatical errors as we use highly authentic and licit sources.

Moneyback Guarantee

Still reluctant about placing an order? Our 100% Moneyback Guarantee backs you up on rare occasions where you aren’t satisfied with the writing.

Order Tracking

You don’t have to wait for an update for hours; you can track the progress of your order any time you want. We share the status after each step.

image

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

image

Trusted Partner of 9650+ Students for Writing

From brainstorming your paper's outline to perfecting its grammar, we perform every step carefully to make your paper worthy of A grade.

Preferred Writer

Hire your preferred writer anytime. Simply specify if you want your preferred expert to write your paper and we’ll make that happen.

Grammar Check Report

Get an elaborate and authentic grammar check report with your work to have the grammar goodness sealed in your document.

One Page Summary

You can purchase this feature if you want our writers to sum up your paper in the form of a concise and well-articulated summary.

Plagiarism Report

You don’t have to worry about plagiarism anymore. Get a plagiarism report to certify the uniqueness of your work.

Free Features $66FREE

  • Most Qualified Writer $10FREE
  • Plagiarism Scan Report $10FREE
  • Unlimited Revisions $08FREE
  • Paper Formatting $05FREE
  • Cover Page $05FREE
  • Referencing & Bibliography $10FREE
  • Dedicated User Area $08FREE
  • 24/7 Order Tracking $05FREE
  • Periodic Email Alerts $05FREE
image

Our Services

Join us for the best experience while seeking writing assistance in your college life. A good grade is all you need to boost up your academic excellence and we are all about it.

  • On-time Delivery
  • 24/7 Order Tracking
  • Access to Authentic Sources
Academic Writing

We create perfect papers according to the guidelines.

Professional Editing

We seamlessly edit out errors from your papers.

Thorough Proofreading

We thoroughly read your final draft to identify errors.

image

Delegate Your Challenging Writing Tasks to Experienced Professionals

Work with ultimate peace of mind because we ensure that your academic work is our responsibility and your grades are a top concern for us!

Check Out Our Sample Work

Dedication. Quality. Commitment. Punctuality

Categories
All samples
Essay (any type)
Essay (any type)
The Value of a Nursing Degree
Undergrad. (yrs 3-4)
Nursing
2
View this sample

It May Not Be Much, but It’s Honest Work!

Here is what we have achieved so far. These numbers are evidence that we go the extra mile to make your college journey successful.

0+

Happy Clients

0+

Words Written This Week

0+

Ongoing Orders

0%

Customer Satisfaction Rate
image

Process as Fine as Brewed Coffee

We have the most intuitive and minimalistic process so that you can easily place an order. Just follow a few steps to unlock success.

See How We Helped 9000+ Students Achieve Success

image

We Analyze Your Problem and Offer Customized Writing

We understand your guidelines first before delivering any writing service. You can discuss your writing needs and we will have them evaluated by our dedicated team.

  • Clear elicitation of your requirements.
  • Customized writing as per your needs.

We Mirror Your Guidelines to Deliver Quality Services

We write your papers in a standardized way. We complete your work in such a way that it turns out to be a perfect description of your guidelines.

  • Proactive analysis of your writing.
  • Active communication to understand requirements.
image
image

We Handle Your Writing Tasks to Ensure Excellent Grades

We promise you excellent grades and academic excellence that you always longed for. Our writers stay in touch with you via email.

  • Thorough research and analysis for every order.
  • Deliverance of reliable writing service to improve your grades.
Place an Order Start Chat Now
image

Order your essay today and save 30% with the discount code Happy