What are the main characteristics of born global firms

The primary characteristic that separates the born global firms from the rest of the global organizations is the fact that they emanate internationally (Vemić, 2019). Born global companies, from their inceptions, have a global emphasis and direct their resources to the international venture. Most of these born global firms operate from their home nations, and after years of business locally, slowly evolve to do business worldwide. Another major characteristic is the fact that born global firms have limited financial and tangible resources (Jeannet & Hennessey, 2004). They tend to be comparatively small and with fewer tangible and financial resources as compared to big multinational firms that have been considered as central in investment and global trade. Explain and analyze how one organization/company in the Kingdom of Saudi Arabia is benefiting from the sustainability initiatives.

  There exist many reasons as to why becoming more sustainable can help an organization to grow socially, environmentally and even financially. In the right sense of the term, sustainability means ‘the ability to endure’. With regards to business, it can be said to be in business for the long term. This is a business that is meant to last long. Module 06: Discussion You are the CEO of a midsize, technology software company in Saudi Arabia and want to take your company global and offer your software worldwide. You will need to open offices in nations around the world. Would you not open offices in nations with high political and legal risks and just focus on a nation with low political and legal risks to opening a new location? What are the pros and cons for each strategy?  Going global is a process that requires organizations to rely majorly on drivers that increase their profits while minimizing the costs on production and stakeholder maintenance.

Several factors have to be put into consideration while growing internationally and making business offices all over (Jeannet & Hennessey, 2004). As the CEO of a midsize, technology software firm in Saudi Arabia, it would be requirement of me to put all factors into consideration while going global. Module 08: Discussion Discuss some of the characteristics of emerging economies. Why do they grow faster than more advanced economies? Emerging economies, also referred to as emerging markets are those countries that invest more in productive capacity. These economies move away from reliance on agriculture and exportation of raw materials. Some of the characteristics of these emerging economies include: Emerging economies have a lower than average per capita income. Low income is a vital criterion since it offers an incentive for another characteristic which is the rapid growth.

It is apparent therefore that these particular emerging economies grow faster than the more advanced economies, mainly because these emerging nations capitalize on the existing natural resources, and the fact that leaders of such nations focus in doing all in their hands, including accepting rapid change in order to remain in power. The fact that emerging economies have less mature capital markets also puts them at a situation where they have to accept industrialization changes, and invest their less capital on improvement of resources. Module 10: Discussion What are the major tasks in managing working capital and cash flow for international operations? What are the major steps in capital budgeting? For what types of ventures do international managers typically engage in capital budgeting? Cash flows are all the money flowing in and out of a business during a given period of time.

Cash flow entails the accounts receivable, inventory and accounts payable. Therefore the sales transactions in the collection processes, the customers, the made invoices with regards to payment of suppliers, the loan payments, office rent and merchandise are considered as cash flow. What steps should the exporter take to ensure success when forming an alliance? What issues might arise when forming an alliance? What benefits might a global alliance bring? To thrive and develop as an establishment, as a rule, there will be a moment that it will be important to discover innovative better approaches to extend and form into new markets. Vital business alliance connections have become progressively well-known and fill in as methods for the two gatherings to build their image mindfulness and capital, without exhausting additional time or encountering noteworthy money related effect (Jakada, 2014).

Prior to seeking after a business organization, franchisors ought to recognize organizations that offer extraordinary, yet complimentary administrations from their own establishment framework, however serve a comparable market. In moving toward a potential alliance accomplice, a standout amongst the most vital things to remember is, "Ask not what your key accomplice can improve the situation you, however what you can improve the situation the association?" After distinguishing a potential business that can enable your establishment to take advantage of another market, the association should plainly recognize what it conveys to the table. By what means will the accomplice gain an incentive from the alliance with your organization? The most critical point to remember about a key alliance is that it will be commonly useful (Jakada, 2014).

Distinguish customer purchasing propensities in the business, advertise estimate, and showcase development or decay, and any present patterns. Target showcase: An all-around planned target showcase portrayal distinguishes your undoubtedly purchasers. What's more, you ought to examine no less than a few dimensions of division. A dialect coaching business may target the two understudies and remote conceived workers who need to enhance their English (Choudhry, 2001). Positioning: What is the impression of your image in the commercial center? For instance, if your eatery moves burgers, do clients consider you to be the place to go for sans gluten or solid choices or the place to go on the off chance that you have a craving for a twofold cheeseburger? The distinction in how the objective market sees you is your situating.