The SMART Model Decision-Making Technique Business & Marketing Essay (Essay Sample)

The SMART Model Decision-Making Technique
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The SMART Model Decision-Making Technique
Introduction
Business organizations often look for ways that enhance streamlining of operations and growth as well as rising the profitability. However, it is important to consider the advantages and challenges of opening up a company’s outlet in another region to ensure the corporation achieves both the long-term and short-term goals. Establishing a firm overseas can bring huge benefits when managers consider the financial resources, labor, and workforce interests. Nonetheless, selecting the most appropriate state for expansion can be overwhelming and expensive. Triumph motorcycle’s directors are seeking to expand the company’s business operations and therefore have identified three possible nations that could help it maintain success in the industry and globally. Consequently, the report will focus on providing information that will aid in identifying the most appropriate country for the expansion process between Argentina, China, and Russia through the SMART model decision technique.