International Business Environment Essay Example | Topics and Well Written Essays - 3000 words - 3

International Business Environment - Essay Example(Koontz 1984) Gabor (1990) in his analysis has mentioned that the theory of management has developed over the past one-hundred years growing from the time and accomplishment studies of engineers to get influenced by the social movements or events from a decentralized operation to the concept of looking for the best or supremeoperative mode of an organization or Total Quality Management or TQM. (Gabor, 1990) There be various theories associated with the organizational management and those theories are developed based on functionality of various departments. Those theories are rewrite with the time depending on various real life examples (incidents of various departments in various organizations) over the world. altogether those theories have various advantages as well as some limitations. In this paper the focus is to essay three of the following theories, their applications and most importantly what are their advantages and what are the limitations. The Three theories are International increase Life round theory Krugmans First Mover Advantage Theory and Porters Diamond vex.The life cycle of any harvest-time can be divided into four transparent parts namely introduction phase, growth phase, maturity and decline phase. When any particular product counterbalance introduce in the market then the demand for that product remains high as wad wants to buy the new product. Soon after the introduction, the product often passes through the growth phase where the gross revenue volume hit the top. Slowly it reaches the maturity phase when the demand and supply meets one point and the product is able to reach its ultimate high in terms of demand. This is the normal product life cycle associated with any product all over the globe. The IPLC or international product life cycle model was first designed by Vernon in the year of 1966. The main objective of this mode was to develop an progress trade theory beyond Davi d Ricardos static framework of comparative advantages which was designed in