International Management Managing Borders -Myassignmenthelp.Com

Question: Discuss About The International Management Managing Borders? Answer: Introducation Philippines, formally identified as the Republic of the Philippines, can be considered to be a self-governing island nation in Southeast Asia. Essentially, the unemployment rate of Philippines was approximately 5.475% of the entire labour force. The gross domestic product (GDP) was recorded to be PHP 8113.17 billion in 2016 and nominal GDP was documented to be PHP 14449.93 billions (Warner 2014). Reports suggest that Purchasing power parity founded per capita GDP was approximated to be USD 7728.07 and government's income was approximately PHP 2813.22 billion while the expenses were necessarily PHP 2869.53 billion (Warner 2014). Particularly, this led to negative borrowing standing at PHP 56.312 billion during 2016 reflecting that adequate financial resources were not obtainable to enhance economic growth. This poor economic condition can be regarded as a matter of concern. However, in spite of stubbornly higher levels of inequality in income, countrys middle class section is intensif ying and generating enhanced demand for modern products such as (trendy dresses) in this case (Morschett et al. 2015). Plans to deal with their concerns and to ensure a long term cooperative relationships The business can assume the strategic measures of penetrating into an international market. The low cost strategy can be used in this regard for delivering products at low cost. Thus, the company can adopt the stratagem of selling trendy dresses at lower prices in comparison to the competitors (Deresky 2017). The major concern of income inequality can be taking the path of low cost, reducing costs and thereafter passing the savings to consumers in terms of low prices. References Deresky, H., 2017.International management: Managing across borders and cultures. Pearson Education India. Morschett, D., Schramm-Klein, H. and Zentes, J., 2015.Strategic international management(pp. 978-3658078836). business. Warner, M., 2014.Culture and management in Asia. Routledge.