Skip to main content

Before you decide to make your business global


Hello readers, so today I will be telling you few things to note before you decide to make your business go global. You have to make very smart decisions about your strategies and structure because once you go international they will always reflect in all the future strategies or business structure you develop. The moment your business goes international it will be difficult to change the whole strategy and structure totally.

Different multinationals have different strategies that they employ. Some multinationals try to tailor their strategies to suit the taste of nationals, meaning each country will have adjusted strategies to meet the needs of nationals. Some other companies look at their international counterparts to bring in new product development designs while others do all their research and development in their headquarters while they sell and distribute their products via subsidiaries. It really depends on what strategy that will suit the type of products you make.

Factors that will help you stay competitive in a business include the unique resources and capabilities you have as well as the country you decide to set up a business in. A thorough research must be done before going international to make sure that a company can compete internationally because a lot of companies that performed well locally failed when they decided to go international.

 Make sure your company is halal. Everything should be done for the sake of Allah. Part of doing something for the sake of Allah means hoping for a reward from Him in this life and the Hereafter. Everything happens according to the will of Allah (you have freewill and are responsible for your actions).

 Halal means anything lawful Islamically.

Keep checking my blog regularly, cheers!

Comments

Post a Comment

Popular posts from this blog

Evil: Lekki Central Mosque

Asalam alaykum There are mosques and there are evil places that call themselves mosques, Lekki central mosque is one of those places such an evil place. The so called chief imam Ridwan Jamiu is also fake. A mosque, they have two floors. I  thought women where suppose to be upstairs and men downstairs. Yet, he allowed women to be entering the part where men enter, seeing women and men walking and passing through the same door. Women praying downstairs with no division between men and women. When I asked him about it, he said it is allowed. How is that allowed. Islam does not encourage the mixing of different sexes. Where ablution is done in the female part is sometimes dirty, when you are suppose to do ablution in a clean place.The toilets there were dirty and they face the qibla. Toilets are not meant to face the qibla according to Islamic law. There is one toilet there that did not face the qibla. A pit latrine, which i find odd why would there be regular toilets and one pit latri...
Post a Comment
Read more

Eid Mubarak

Hope you have a good one
15 comments
Read more

Quran 3:56-59

Asalam alaykum "As for those who disbelieve, I will punish them with a severe punishment, in this world and the next, and they will have no helpers.   And as for those who believe and do good works, He will give them their rewards in full. God does not love the unjust.”  This is what We recite to you of the Verses and the Wise Reminder. The likeness of Jesus in God’s sight is that of Adam: He created him from dust, then said to him, “Be,” and he was." Quran 3:56-59 Ma salam.
Post a Comment
Read more