Good communication is identified as fundamental determinant while executing any business operations in the 21st century. It is based on the fact that majority of business enterprises aim to have global business operations. Multinational companies however might experience certain challenges while sustaining its global coordination (Rogerson-Revell, 2007). One of the nations that typically encounter linguistic as well as cultural disparities is Pakistan which has English as it corporate language. Its developing language management system tends to have a direct influence on its trade and business (Jehangir et al., 2016). Though there can be witnessed a wide ranging diverse approaches which can be efficiently employed by enterprises in order to enhance level of business growth and performance on the international sector, several companies have not fully attained the knowledge and consider linguistic strategies as vital. The following paper highlights the benefits and limitations which Pakistan as a South Asian nation faces while conducting business in global market.
Aspects of communication are recognized to be situated at the fundamental centre of all organizational functioning as well as their global relations. Effective implementation of diverse forms of communication aids in sharing of dialogue, knowledge transfer, conduct of negotiations, attaining needs of clientele and further facilitates business enterprises and their functioning while executing their business operations (Abbas et al., 2015). English after being identified as the only corporate language of trade in Pakistan has emerged as one of the critical language hindrances which exhibit a great degree of propensity to impact managements of business (Haroon & Shariff, 2016). However McPherson, (2017) has been observed that a diminutive level of importance has been shown to this area of concern that further will emerge to wide encompassing unconstructive outcomes which might occur if the level of disregard or avoidance tends to persist. Studies by Welter, Smallbone & Pobol, (2015) reveal that significant lack of English language proficiency among traditional Pakistani traders’ performance as a major obstacle in intensifying the commitment level of the country in overseas trade market (Welter, Smallbone & Pobol, 2015). Thus many big, medium as well as small firms which exhibit high level of ineptitude in adapting English language as their corporate language have been losing several imperative business proposals and offers which are typically declared from local administrative communications or in local media. It is important to note that feasible business organizations usually necessitate adopting English as the only language for trading at global market at a very high level. English speaking abilities is considered to be one of the most vital factors which generate distinctive as well as enhanced relation with overseas business associates (Rogerson-Revell, 2007).
Furthermore highly enhanced English proficiency facilitates rapid advancement of commitment and loyalty to businesses in comparison to the cases which reveal utmost deficit of English interactive ability. It has been witnessed that lack of reliance and obligation in business associations condense revenue growth of company while deficit of trust is typically caused in situations when there develops a sense of dilemma related to an unusual verbal communication(McPherson, 2017) . Pakistan having wide expanding business of merchandise exportation, retail or apparel manufacturing engages wide range of small, medium as well as large business enterprises. A major section of traders show extensive level of incapability of being proficient in speaking English, thus are perceived as less credible or incompetent of successfully attaining overseas trading operations (Welter, Smallbone & Pobol, 2015). Such situations often result companies to be less achievable on global market in comparison to the situations which occur while trading with local suppliers who possess similar linguistic abilities. McPherson, (2017) has been observed among Pak entrepreneurs in foreign language, they exhibit a significant deficit of buoyancy and positivity within themselves. These critical intricacies and limitations thus pose impact on the relationship between consumers and distributors further resulted in losing important business deals with global clients.
However with a populace of over 200 million people along with the Gross Domestic Product (GDP) of approximately $280 billion in 2017, Pakistan perhaps has been identified as an underperforming economy in comparison to other nations’ economic growth (McPherson, 2017). Several aspects thereby can be considered as vital determinants to such a slow progress of Pakistan's business growth such as infrastructure deficiency that significantly gives rise to lack of English speaking proficiency among businessmen (Abbas et al., 2015). Regardless to these limitations, a wide range of emergent entrepreneurs with a major section of youths have been attaining significant level of prominence in global market. For several important retail international market players, the sound ability of buying incorporated with elevating level of demands and expectations from contemporary customer base along with rapid decision making abilities have made the country develop as a land full of business choices and options (Rogerson-Revell, 2007). Broad range of schools and universities in Pakistan decades ago exposed the dominance of pseudo English medium system which through stated to constitute English as a medium of instruction but had been noticed to develop the whole dialogue and communication between students and teachers in Urdu (Haroon & Shariff, 2016).
However with recent progress and emphasis on English being an essential and corporate language has facilitated wide range of youths to proficiently converse in English (Welter, Smallbone & Pobol, 2015). Furthermore, on various business contexts surpass their strong multinational competitors through certain methodical strategies and implemented tactics required to be handled with contesting with overseas clientele. For example, renowned market brand Unilever's Wall's has still being considered as a market giant in FMCG sector of Pakistan (Fry, Faerm & Arakji, 2014). However reports reveal that Engro food’s prominent brand Omore has attained a challenging position by being able to comprise second largest FMCG market shares. Such resilience of overseas trade significantly claim that these highly proficient English speaking youth of Pakistan have developed utmost capacity to defeat their global corporate rivalries with highly influential marketing strategies and supreme services and goods with proficiently positioning their deals and demands to International clients with thorough English understanding and skills (Pakistan, 2018).
To conclude it can be stated that English being an elementary corporate language in Pakistan trade and business processes have developed both benefits as well as areas of limitations. The constructive aspects have facilitated young entrepreneurs to attain success in global domain while the critical areas of constraints have led many traditional small scale traders lose global business opportunities because of lack of English speaking proficiency.
Abbas, U., Arfeen, I. U., Mothi, W., & Aslam, U. (2015). Investigation of personality traits for predicting the entrepreneurial satisfaction. City University Research Journal, 5(1), 64-79.
Fry, A., Faerm, S., & Arakji, R. (2014). Achieving the new graduate dream: building sustainable business success at a small scale. Cuadernos del Centro de Estudios en Diseño y Comunicación. Ensayos, (48), 153-175.
Haroon, U., & Shariff, M. N. M. (2016). The interplay of innovation, TQM practices and SMEs performance in Pakistan: moderating effects of knowledge inertia and external environment. South East Asia Journal of Contemporary Business, Economics and Law, 9(2).
Jehangir, M., Fazal Haleem, D., Jan, S., & Haq, Z. U. (2016). Why Do Some Businesses Succeed Whilst Others Fail? Evidence from District Swat, KPK, Pakistan. J. Appl. Environ. Biol. Sci, 6(2), 153-163.
McPherson, M. C. (2017). Identity and difference–re-thinking UK South Asian entrepreneurship. Journal of Enterprising Communities: People and Places in the Global Economy, 11(5), 564-589.
Pakistan, E. (2018). Engro Foods in Pakistan - FrieslandCampina. Retrieved from https://www.frieslandcampina.com/en/organisation/engro-foods-pakistan/
Rogerson-Revell, P. (2007). Using English for international business: A European case study. English for specific purposes, 26(1), 103-120.
Welter, F., Smallbone, D., & Pobol, A. (2015). Entrepreneurial activity in the informal economy: a missing piece of the entrepreneurship jigsaw puzzle. Entrepreneurship & Regional Development, 27(5-6), 292-306.
To export a reference to this article please select a referencing stye below:
My Assignment Help. (2021). Language And Communication For Business And Commerce. Retrieved from https://myassignmenthelp.com/free-samples/5901lhs-language-and-communication-for-business-and-commerce/business-in-global-market.html.
"Language And Communication For Business And Commerce." My Assignment Help, 2021, https://myassignmenthelp.com/free-samples/5901lhs-language-and-communication-for-business-and-commerce/business-in-global-market.html.
My Assignment Help (2021) Language And Communication For Business And Commerce [Online]. Available from: https://myassignmenthelp.com/free-samples/5901lhs-language-and-communication-for-business-and-commerce/business-in-global-market.html
[Accessed 21 April 2021].
My Assignment Help. 'Language And Communication For Business And Commerce' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/5901lhs-language-and-communication-for-business-and-commerce/business-in-global-market.html> accessed 21 April 2021.
My Assignment Help. Language And Communication For Business And Commerce [Internet]. My Assignment Help. 2021 [cited 21 April 2021]. Available from: https://myassignmenthelp.com/free-samples/5901lhs-language-and-communication-for-business-and-commerce/business-in-global-market.html.
MyAssignmenthelp.com is a household name in the assignment help provider industry. Over the years, we have gained an online reputation for providing pocket-friendly accounting assignment help. We keep our writing service rates low so that every student can avail our assignment assistance. Moreover, we offer lucrative discounts and bonuses throughout the year. This involves signup bonus, referral bonus, and bulk order discounts.
Answer List at least ten ways to climb the corporate ladder. Consider roadblocks that may prevent one from climbing the corporate ladder Return on investment (ROI) is a term used to measures the performance of a business. To climb the corporate ladder successfully one has to be resilient even when the organization's environment seems contrary due to the economic downturn. Planning ahead that is having a business plan is vital since one will ...
Read MoreAnswer Synopsis Through this article, the author tried to show the impact of participation of employees in deliberate or strategic change on some set of factors that is related to the execution of change in the organisation. Through this article, it has been shown that participation helps in reducing the organisational resistance towards the strategic change implementation and creates a high level of emotional obligation and commitment of emp...
Read MoreAnswer: Introduction Human resource development can be stated as one of the factor which directly drives the factor of any organization. Human resource is one of the working area of the organization which focus on the working of the organization (Brewster and Hegewisch, 2017). The concept of the HRM can be considered as a systematic and strategic approach which is related to the managing of the people. The HRM approach can be stated to be dir...
Read MoreAnswer: Introduction A business plan is considered to be one of the basic steps in developing a business. The entrepreneurs need to chalk out the strategies before starting the business. Such strategies are formally documented in the form of business plans. It is needless to mention that different businesses have different business plans because of the variations in the business model, offering, marketing and operational strategies and value ...
Read MoreAnswer: CPU: CPU stands for central processing unit which denotes to an electronic circuit capable of fetching input commands or instructions from memory unit. Logic and arithmetic operation care performed by the CPU and it also stored the data back to the memory device. As the name implies it is the central unit of the whole system and installed in a dedicated socket on motherboard along with a fan. As shown in the diagram CPU is comp...
Read MoreJust share requirement and get customized Solution.
Orders
Overall Rating
Experts
Our writers make sure that all orders are submitted, prior to the deadline.
Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.
Feel free to contact our assignment writing services any time via phone, email or live chat. If you are unable to calculate word count online, ask our customer executives.
Our writers can provide you professional writing assistance on any subject at any level.
Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.
Get all your documents checked for plagiarism or duplicacy with us.
Get different kinds of essays typed in minutes with clicks.
Calculate your semester grades and cumulative GPa with our GPA Calculator.
Balance any chemical equation in minutes just by entering the formula.
Calculate the number of words and number of pages of all your academic documents.
Our Mission Client Satisfaction
Not Graded yet. The assignment was proper and exactly as required. It was provided on time and thank you and it was a great experience.
Australia
Thank you for your hard work!Thank you for your hard work!Thank you for your hard work!Thank you for your hard work!Thank you for your hard work!Thank you for your hard work!Thank you for your hard work!Thank you for your hard work!Thank you for your...
Australia
Thank you for your hard work!Thank you for your hard work!Thank you for your hard work!Thank you for your hard work!Thank you for your hard work!Thank you for your hard work!Thank you for your hard work!Thank you for your hard work!Thank you for your...
Australia
Nice work and deliver on time. The work is professional and plagiarism free. Thank you.
Australia