Differences between managing an international company and managing a
In addition, global firms must also take into account any legal/regulatory compliances that exist for their target markets which could prove quite challenging if not properly managed. Furthermore having employees from different cultures & backgrounds requires additional considerations when it comes to wages/benefits etc., thus making it difficult for managers to remain consistent at all times.
Lastly firms operating on an international level should also be aware of potential language/cultural barriers that may impede communication thus hindering progress throughout the process. Ultimately though having an effective strategy should enable firms better manage such differences while still achieving desired results regardless of any underlying circumstances.