Throughout the entire world utilizing the resources of countries outside of the United States is becoming more and more important. It is becoming almost a necessity to take advantage of the opportunities that lie outside of the borders in the United States. Countries like Mexico, China, and Taiwan are becoming very valuable economically to the business practices of American Companies. When dealing with other countries there are obviously some varying issues that any American company has to consider. Some issues like human resources, politics, and cultural issues can automatically decide for any company if they will want to set up shop outside of the United States. For me personally I have interned in a factory in the United States and at Electrocomponentes which is a factory in Mexico. So I know first hand what a lot of issues are and to an extent learned how to deal with those issues successfully. In this paper I am going to analyze the various issues that have concerns with doing business outside of the United States and try to give some insight on how to correct these issues from some of my own first hand knowledge. There are many benefits to doing business outside of the United States but there can be quite a few conse
Probably the biggest and most obvious complications that can arise from doing business outside of your own country are a language barrier. Companies are paying thousands of dollars every year to individuals that have taken the time to learn how to communicate in a language other than English. The most commonly learned language for the business world is Spanish. Hundreds upon hundreds of companies are spending their own money to help train their own workers in learning other languages. Foreign languages have also seen a dramatic increase at the collegiate level with many undergraduate students taking up a foreign language as a minor just so they can hope to get a competitive advantage over some other prospective job applicant. Believe me when I tell you that nothing can be more frustrating than trying to work with someone when the only obstacle that is keeping the work from being accomplished is a lack of shared language abilities. On the other side of the American borders companies in such countries and China and Mexico are sending their employees overseas to America in hopes of these employees learning English. I know first hand that having the ability of speaking a foreign language, especially one like Spanish can help in providing a serious upper hand in the job market. While I was in Chihuahua, Mexico I had numerous occasions where I couldn’t quite understand what someone was asking me to do and all I managed to do in these situations was make what most of time a simple job into a serious time consuming problem. So when conflicts occur when they shouldn’t the first thing people usually do is become upset and then the task that needs to be accomplished is not done as efficiently as it should have been done. What technologies have come up with now are voice translators. Just like the ones that have been seen in science fiction movies with devices like these it is actually possible now speak with some now English