Global Entrepreneurship Essay Example | Topics and Well Written Essays - 1250 words

international Entrepreneurship - Essay ExampleThe scientific management resulted in great evolution of US business and the existence management and sub division of labor helped the US business to grow at faster curtilage than the rest of the world. Research and development, mass production, efficiency and increased wages for the labors also provided adequate boost to the American business and the vast growing firms geographically expanded and took over the European markets through their corporate Americanization. At the same time, problems emerge in the system the like agency problems, separation of control from the ownership, unrelated diversification, etcetera US businesses stay sustainable through innovation and change management however economic meltdown obliges them to downsize. German business system has been able to sustain the non-price sensitive markets through collective bargains and consensus management and their aboriginal focus is on long term strategy of producti on and export.UK business system is also instead similar to that and follows long term strategic planning. In the UK, businesses tend to expand geographically like that of US corporations e.g. Tesco, BT, etc. French business system is driven by functionality and rigid hierarchy and is found more than directive than collaborative. The focus is to produce and supply hi tech products to the international markets. European business systems intention to stay sustainable in the economic crisis through strategic management that helps them to cope up the crisis like merging, joint venturing, co-branding, etc.