Internationalisation,some,prac marketing Internationalisation: some practical advice
Awhile ago, I got an email from one of the "gurus" I follow and it shocked me. The gist of it was this person wanted to trade services for a household item.To say it floored me would be an understatement.What was worse was a few days later t Automation technologies represent a fundamental aspect of any modern industry. The major types of industrial automation solutions, such as DCS, PLC, SCADA, and MES, are used on a large-scale in process and discrete industries.DCS technologie
I'm going to deal with these themes in a confident way and perhaps Iwill be lacking in not choosing a univocal content but in this way Ithink I will offer you interesting hints if you have decided to crossthe national borderlines.In the present article I'm going on from financial aspects to insuranceones while digressing into more specific topics of international law.Whether you want to make business with foreign individuals, or youthink seriously to purchase foreign companies you will have to confrontyourselves with the logics of corporate evaluation. Nowadays thedefinition of a true and correct rating is the decisive, essential requirement to take entrepreneurial choices, even more in international contexts. It is a matter of relying on professional people that can base theiranalysis on the most accurate methodologies. The rating has to showclearly the informative resources from which it takes its information,it has to allow transnational comparisons or through different principles of accounting.The risk can be reduced thanks to reliable information but it can be held in a more traditional way too and rationalized through insurance tools.Usually when we speak about internationalisation and insuranceprocesses we mean typical risks due to the country situation andcredit. I want to focus your attention on some very common tricks towhich the insurance world has reacted with ad hoc tools.Let's start with the Director and Officer insurance thatprevents managers and administrators from claims for compensationbecause of their conducts. In some countries the risk due to theseevents is very high and providing an entrepreneur with tools of thiskind can be very useful in order to recruit professional people withhigh profile that will be able to work in a safer, comfortable way. There are countries where conflicts caused by mobbing, downgrading,discriminatory dismissal are highly probable and this is why it is veryuseful to rely on ad hoc insurance tools. Unfortunately it has become very useful the so called Crime Insurancethat assures the company even against account fraud and embezzlement.Moreover there are advance tools that offer a coverage in case ofpurchaser's non-fulfilment during the purchase of a third foreigncompany. The concept to keep clearly in mind is that with theinternationalisation the risk outline changes and the frame ofinsurance tools on which to rely on has accordingly to change as well.I'm going to close my analysis with an in-depth examination of a couple of topics bound to the international corporate law.Subsidiary office or foreign branch? The first one hasthe advantage of being more easily established at lower cost. Thesecond one, with its more complex structure, guarantees the limitationof the risk capital to the branch's alone; meanwhile in case ofsubsidiary office it is always the head office to answer jointly andseverally for any events. Besides notice that the structure of a branchallows the entry of local partners. An other extremely interesting aspect of this topic is represented by the join-venture:this is a contract that disciplines the cooperation among companies andits aim is the realisation of a specific economic project. Though it can be established among Italian firms too, it is normallyused for international cooperation. Just think about the importance oflocal partners' knowledge while penetrating into a new market as sometopical operations have recently showed in the automotive fields. The join-venture can be both contractual and corporative: in the firstcase and for temporary relationships, there is just a contractualbound, while in the second case there is a deeper cooperationrepresented by the establishment of a dedicated company.Apart from the aspects of the matter considered above and since thecomplexity of economic context, I think the best piece of advice is torely on competent professional people because this is no longer thetime to internationalise in an off-hand, rough way. Article Tags: Professional People, Insurance Tools, Very Useful
Internationalisation,some,prac