123essaywriting

HI2011 International And Global Business

Academic Anxiety?

Get an original paper within hours and nail the task

156 experts online

Free Samples

HI2011 International And Global Business

.cms-body-content table{width:100%!important;} #subhidecontent{ position: relative;
overflow-x: auto;
width: 100%;}

HI2011 International And Global Business

0 Download10 Pages / 2,299 Words

Course Code: HI2011
University: Holmes Institute

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Question:
As individual, students are required to select an Australian company as the basis of a case study Once the company has been approved by your broom you will be required to Prepare a detailed strategic report to management that analyses the macro environmental, geopolitical risks and opportunities, as well as overall market attractiveness of entry of this company Into both a specific European and Asian market :Ideally your report will Contain:
 
A brief introduction of the selected company Identification of the two countries selected for market entry (one European and one Asian) For each of the two countries provide a detailed analysis of
 
The current macro environmental and Geo-political forces impacting that country Development of each country’s trade and business policy An assessment of the potential Clangers, risks and opportunities In the current or short term policies leach country. 
Answer:

Brief introduction of Atlassian
Mike Cannon-Brookes and Scott Farquhar founded Atlassian in 2002 as a software developer company. These guys met each other at the University of New South Wales in Sydney at the time of their studies. Both of them have taken the company for several years and this start-up was started with a $10,000 credit card debt. Atlassian is engaged in developing products for software developers, content management as well as for project managers. Organization earned respect in the industry when they launched an effective issue tracking application i.e. Jira in 2002. After that, organization released Confluence in 2004 which is an effective team collaboration platform through which users could easily accomplish their projects. Along with this platform is also essential in content creation, handling media assets and for sharing documents. With regards to the introduction of these products, organization attains their desired goals and objectives and both of them were names as the Ernst & Young’s Entrepreneurs of the Year for Australia in 2006. In 2014, Atlassian reported $215 million revenue which was approximately $144 million up from 2013. Now Australian market is being saturated, thus, organization has moved towards international expansion and for the same, Indian and Ireland markets have been chosen by reviewing the scope of IT industry (Mishra & Kumar, 2018).
Identification of two countries
As organizational management has considered European and Asian markets as the best markets for the organizational expansion and amongst these two regions, India from Asian region and Ireland from European region has been selected. India has been chosen because of rapid and consistent growth. India is one of the fastest growing countries across the globe and with regards to this; various multinational corporations have shown their interest in setting up their business through which FDIs have been increased. Apart from this, Indian government is also encouraging FDIs and for the same, they have made favourable policies so that multinational corporations could easily enter into Indian market. Apart from India, organizational management has also chosen Irish market because there is much scope for the software companies as software industry of Ireland is very vast (Bhattacharyya, Jha & Fernandes, 2015). Accenture is one of the biggest companies of Irish market engaged in providing professional and technological services. Thus, scope for setting up the business in Irish market is high because except Accenture, there are no relevant competitors. This will help the organization to invent new products and services as per the target audiences’ demands and wants in order to develop an effective brand image against Accenture (Kelly & O’Malley, 2016).
Macro-environmental and Geo-political forces in India
Political factor have great influence on the regulation of technological markets in India. Since the growth rate of the market has been paced up with the introduction of globalisation, foreign investors have shown their interest. This has led the company to get emerged as the fast growing economy in the world. Political rules, regulations and policies have helped the country to grow and move towards development. Indian political conditions were not stable in the past but later on political parties have analysed the market conditions and realised that political stability is the major reason for the performance and growth of capital market in India (Millar, Gray, Rooney & Crosse, 2018).
Apart from Political factors, other macro environmental factors also have a great influence market conditions and those factors have strong relationship with the capital markets. GDP of nation has been increased which indicates tremendous economic growth through which international companies have shown up their interest to invest as well as to establish their business in Indian market. Technological requirements are continuously increasing, thus, scope for Atlassian Corporation Plc is much high in order to set up their business in the Indian market (Bilgili, Kedia & Bilgili, 2016).
Macro-environmental and Geo-political forces in Ireland
Ireland is officially known as the Republic of Ireland and it is a sovereign state in Europe which occupies almost 5/6th of the island of Ireland. In terms of politics, Ireland is divided into two parts i.e. Republic of Ireland and Northern Ireland. With the passing time, education level, purchasing power and other related factors have also been increased. With regards to these changes, demand in all sectors and industries have been increased. This has encouraged foreign investors towards Ireland and this has also led the management of Atlassian Corporation Plc to choose Ireland as the favourable option to expand their business (Gillespie & Riddle, 2015).  
Apart from these changes, economic condition are also favourable for the international business corporations, thus, Atlassian have huge scope of setting up their business in the target market along with the objective of gaining desired goals and objectives. Scope for technology improvement in Irish market is huge because with the help of advance technology, Ireland would be able to uplift its performance (Gupta & Batra, 2016). Although, Accenture is already present in the Irish market and it is the only company who provide professional as well as technological services in the marketplace. In relation with this, Atlassian have a big opportunity to set up their business in Irish market due to huge demand of technology and competing with Accenture, one of the biggest rivals will help the organization to generate innovative product options through which appropriate and effective position could be set up in the target market (Agnihotri & Bhattacharya, 2015).
Trade and business policies of India
India’s foreign trade policy is known as Export Import Policy (EXIM) and primary motive of this policy is to aim at developing export potential, encouraging foreign trade, and enhancing export performance. Apart from this, this policy is also engaged in order to accelerate the low level of economic activities to high level of economic activities for moulding it as per the global market conditions through which maximum benefits could be derived (De Castro, Khavul & Bruton, 2014).
Apart from this, foreign trade policy of India focuses on every sector through which appropriate and relevant actions could be taken so that appropriate and relevant outcomes could be attained. With regards to the activities of Atlassian Corporation, foreign trade policy of India is favourable, thus, it could be summarised that the organization would be able to expand its business in the Indian market along with attaining its desired goals and objectives. Along with these advantages, scope of technology is increasing rapidly through which Atlassian would easily be able to fulfil the demand in term of technology in the Indian market and another factor which influences organization to choose Indian market over Irish market is the population. India stands on the second position in terms of highest population across the globe, thus, it is a huge consumer market for every industry (Langseth, O’Dwyer & Arpa, 2016). Stable economic and political conditions of Indian market are other favourable factors for Atlassian to enhance their business in the target market and it will also help the organization build its effective image and it might help the organization to gain leading position in the technological field.
Trade and business policies of Ireland
The Trade Unit of the Department held the responsibility for identification, formulation and development of international trade policies for Ireland. It helps in promoting Ireland’s business interest at European Union trade policy regulations. It also actively contributes their efforts at the World Trade Organization (WTO). With regards to this, Irish policies in terms of trade and business are favourable enough for the international investors. Atlassian Corporation Plc could easily set up its business in Irish market as there are huge opportunities in the technological industry (Vaiman, Sparrow, Schuler & Collings, 2018).
Atlassian has enhanced its goodwill in the Australian market through a set of effective applications and products like Jira (an issue tracking application), confluence (a platform through for team collaboration activities), etc. These applications could also be introduced in the Irish market in relevance with the setting up an effective position in the target market. In order to gain positive outcomes with the objective of setting up business in the Irish market, organization needs to analyse its target audience’s demands and wants. Along with this, organization will also require to analyse its primary rival’s i.e. Accenture’s strategies and the products offered in the market. This will help the organization to make their products and services unique and distinct from its competitors. Along with this, it will also help the organization to establish its effective position in the target market (Becherer & Helms, 2016). Thus, it could be summarised that trade and business policies of Irish market are favourable enough for Atlassian to set up their business.
Assessment of potential dangers, risks and opportunities
India
Currently, India is one of the fastest growing economies across the globe and their trade and business policies are also favouring international businesses to set up their business in their market. This has helped India to reduce the unemployment rate along with enhancing the purchasing power of an individual (Sarma & Choudhury, 2018).
Ireland
Irish market is another big platform for international business organizations to expand their business. In relevance with this, foreign investors have earned attractive return over their investments, thus, Atlassian would also be able to enhance its profitability along with attaining its desired goals and objectives (Dukelow & Considine, 2017).  

Assessment Criteria

India

Ireland

Potential dangers

Intense competition (TCS, Infosys, etc.)
Political instability

Presence of one of the largest IT company (Accenture)
Involvement of UK government

Risks

Cybersecurity e.g.: Ransomware

Cybersecurity e.g.: Ransomware

Opportunities

Fastest growing developing economy and need for IT in business automation

The initiative of the European Union to get back on its feet by bringing significant improvements in IT infrastructure.

Recommendations and Conclusion
With regards to the above evaluation, it can be summarised that Indian market will be the perfect option for Atlassian in order to gain desired goals and objectives. Indian market has various opportunities as its name is included in the fastest growing nations worldwide. Apart from this, opportunities for enhancement in technology are of the significant need for the Indian market. Various industries are still using traditional approaches for executing their functionalities and with regards to this; Atlassian would successfully be able to set up its effective position in the Indian market. This will help the organization to expand its business along with gaining desired goals and objectives. In relation to this, it is recommended to the organization to choose joint venture in order to enter into Indian market. This market entry strategy will require Atlassian to find one company engaged in similar type of activities in Indian market so that market conditions, scope of the market and target audience’s demands and wants could be analysed as well as fulfilled (Amin, 2017).  
Discussions of this report concluded that Indian market is moving towards development at fast speed and in relation with this, they will require technology at every end, thus, Atlassian has chosen Indian market for their business expansion. The company is already doing well in Australian market but as the Australian market is being saturated, organization has decided to expand its business in the international market and they have found Indian market as the most appropriate option. In the initial period, organizational management had selected two options i.e. Ireland and India but after analysis of external environment, it has been found that Indian market will be the most appropriate option for the organization to expand its business.
References
Agnihotri, A., & Bhattacharya, S. (2015). Determinants of export intensity in emerging markets: An upper echelon perspective. Journal of World Business, 50(4), 687-695.
Amin, A. (2017). An institutionalist perspective on regional economic development. In Economy (pp. 59-72). Routledge.
Atlassian. (2018). The power of teamwork. Retrieved from: https://www.atlassian.com/company.
Becherer, R. C., & Helms, M. M. (2016). The role of entrepreneurial marketing in improving market share for small businesses facing external environmental or resource challenges. Journal of Business and Entrepreneurship, 27(2), 119-147.
Bhattacharyya, S. S., Jha, S., & Fernandes, C. (2015). Determinants of speed to market in the context of the emerging Indian market. Asia Pacific Journal of Marketing and Logistics, 27(5), 784-800.
Bilgili, T. V., Kedia, B. L., & Bilgili, H. (2016). Exploring the influence of resource environments on absorptive capacity development: The case of emerging market firms. Journal of World Business, 51(5), 700-712.
De Castro, J. O., Khavul, S., & Bruton, G. D. (2014). Shades of grey: how do informal firms navigate between macro and meso institutional environments?. Strategic Entrepreneurship Journal, 8(1), 75-94.
Dukelow, F., & Considine, M. (2017). Irish social policy: a critical introduction. Policy Press.
Gillespie, K., & Riddle, L. (2015). Global marketing. Routledge.
Gupta, V. K., & Batra, S. (2016). Entrepreneurial orientation and firm performance in Indian SMEs: Universal and contingency perspectives. International Small Business Journal, 34(5), 660-682.
Kelly, R., & O’Malley, T. (2016). The good, the bad and the impaired: A credit risk model of the Irish mortgage market. Journal of Financial Stability, 22, 1-9.
Langseth, H., O’Dwyer, M., & Arpa, C. (2016). Forces influencing the speed of internationalisation: An exploratory Norwegian and Irish study. Journal of Small Business and Enterprise Development, 23(1), 122-148.
Millar, M., Gray, J., Rooney, C., & Crosse, R. (2018). The (in) adequacy of in-work benefits in Irish lone parent labour market activation policy. Journal of Poverty and Social Justice.
Mishra, S., & Kumar, D. (2018). Analyzing Information Dynamics within Trading Companies: Evidence from Indian Market. Theoretical Economics Letters, 8(06), 1279.
Sarma, A., & Choudhury, S. (2018). Towards a Perspective on the Look (Act) East Policy and Northeast India. In Mainstreaming the Northeast in India’s Look and Act East Policy (pp. 1-21). Palgrave Macmillan, Singapore.
Vaiman, V., Sparrow, P., Schuler, R., & Collings, D. G. (Eds.). (2018). Macro Talent Management in Emerging and Emergent Markets: A Global Perspective. Routledge.

Free Membership to World’s Largest Sample Bank

To View this & another 50000+ free samples. Please put
your valid email id.

E-mail

Yes, alert me for offers and important updates

Submit 

Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

UploadUnique Document

DocumentUnder Evaluation

Get Moneyinto Your Wallet

Total 10 pages

PAY 6 USD TO DOWNLOAD

*The content must not be available online or in our existing Database to qualify as
unique.

Cite This Work
To export a reference to this article please select a referencing stye below:

APA
MLA
Harvard
OSCOLA
Vancouver

My Assignment Help. (2021). International And Global Business. Retrieved from https://myassignmenthelp.com/free-samples/hi2011-international-and-global-business/software-developer-company.html.

“International And Global Business.” My Assignment Help, 2021, https://myassignmenthelp.com/free-samples/hi2011-international-and-global-business/software-developer-company.html.

My Assignment Help (2021) International And Global Business [Online]. Available from: https://myassignmenthelp.com/free-samples/hi2011-international-and-global-business/software-developer-company.html[Accessed 18 December 2021].

My Assignment Help. ‘International And Global Business’ (My Assignment Help, 2021) accessed 18 December 2021.

My Assignment Help. International And Global Business [Internet]. My Assignment Help. 2021 [cited 18 December 2021]. Available from: https://myassignmenthelp.com/free-samples/hi2011-international-and-global-business/software-developer-company.html.

×
.close{position: absolute;right: 5px;z-index: 999;opacity: 1;color: #ff8b00;}

×

Thank you for your interest
The respective sample has been mail to your register email id

×

CONGRATS!
$20 Credited
successfully in your wallet.
* $5 to be used on order value more than $50. Valid for
only 1
month.

Account created successfully!
We have sent login details on your registered email.

User:

Password:

Do preparing flawless assignments seem too daunting for you? Opt for the outstanding services of MyAssignmenthelp.com, and witness a huge difference in your academic grades. Whether you are searching for college essay examples, thesis examples, dissertation topic or other essay examples, you will have our unwavering assistance. Apart from that, our experts can also help you out to gain remarkable ideas on how to complete different kinds of assignments successfully. From choosing a remarkable essay topic, conducting a valuable research, writing a strong introduction, to following all the citation norms, our experts can guide you with all. Visit MyAssignmenthelp for more details.

Latest Management Samples

div#loaddata .card img {max-width: 100%;
}

MPM755 Building Success In Commerce
Download :
0 | Pages :
9

Course Code: MPM755
University: Deakin University

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Answers:
Introduction
The process of developing a successful business entity requires a multidimensional analysis of several factors that relate to the internal and external environment in commerce. The areas covered in this current unit are essential in transforming the business perspective regarding the key commerce factors such as ethics, technology, culture, entrepreneurship, leadership, culture, and globalization (Nzelibe, 1996; Barza, 2…
Read
More

SNM660 Evidence Based Practice
Download :
0 | Pages :
8

Course Code: SNM660
University: The University Of Sheffield

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: United Kingdom

Answers:
Critical reflection on the objective, design, methodology and outcome of the research undertaken Assessment-I
Smoking and tobacco addiction is one of the few among the most basic general restorative issues, particularly to developed nations such as the UK. It has been represented that among all risk segments smoking is the fourth driving purpose behind infections and other several ailments like asthma, breathing and problems in the l…
Read
More
Tags:
Australia Maidstone Management Business management with marketing University of New South Wales Masters in Business Administration 

BSBHRM513 Manage Workforce Planning
Download :
0 | Pages :
20

Course Code: BSBHRM513
University: Tafe NSW

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Answer:
Task 1
1.0 Data on staff turnover and demographics
That includes the staffing information of JKL industries for the fiscal year of 2014-15, it can be said that the company is having problems related to employee turnover. For the role of Senior Manager in Sydney, the organization needs 4 managers; however, one manager is exiting. It will make one empty position which might hurt the decision making process. On the other hand, In Brisba…
Read
More

MKT2031 Issues In Small Business And Entrepreneurship
Download :
0 | Pages :
5

Course Code: MKT2031
University: University Of Northampton

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: United Kingdom

Answer:
Entrepreneurial ventures
Entrepreneurship is the capacity and willingness to develop, manage, and put in order operations of any business venture with an intention to make profits despite the risks that may be involved in such venture. Small and large businesses have a vital role to play in the overall performance of the economy. It is, therefore, necessary to consider the difference between entrepreneurial ventures, individual, and c…
Read
More
Tags:
Turkey Istanbul Management University of Employee Masters in Business Administration 

MN506 System Management
Download :
0 | Pages :
7

Course Code: MN506
University: Melbourne Institute Of Technology

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Answer:
Introduction
An operating system (OS) is defined as a system software that is installed in the systems for the management of the hardware along with the other software resources. Every computer system and mobile device requires an operating system for functioning and execution of operations. There is a great use of mobile devices such as tablets and Smartphones that has increased. One of the widely used and implemented operating syste…
Read
More
Tags:
Australia Cheltenham Computer Science Litigation and Dispute Management University of New South Wales Information Technology 

Next

Need an essay written specifically to meet your requirements?

Choose skilled experts on your subject and get an original paper within your deadline

156 experts online

Your time is important. Let us write you an essay from scratch

Tips and Tricks from our Blog

11174 Introduction To Management

Free Samples 11174 Introduction To Management .cms-body-content table{width:100%!important;} #subhidecontent{ position: relative; overflow-x: auto; width: 100%;} 11174 Introduction

Read More »