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For example, the company has consistently focused on identifying the optimal source for its aircraft components. To date, the company has outsourced more than 50% of its total manufacturing needs to overseas suppliers, resulting in $600 million in cost savings annually. The parts needed for a given aircraft are then delivered to the company's Everett plant where just-in-time principles reduce inventory levels and provide further cost savings. This approach has been met with some protests from Boeing workers, though, but the company counters that it is not possible to remain competitive without using this outsourcing strategy. Moreover, in many cases, when foreign countries purchase aircraft from Boeing, one of the stipulations includes that at least some of the work on the aircraft will be performed in that country (Heizer & ender, p. 27).
The supply chain managers at Boeing therefore have their job cut out for them when it comes…
References
"Boeing Auburn Machine Fabrication." 2000, August 20 in 'Pursuing Perfection:
Case Studies Examining Lean Manufacturing Strategies, Pollution Prevention, and Environmental Regulatory Management Implications' [online] available: http://www.
epa.gov/lean/perfection.pdf.
"Boeing profile." 2011 Boeing Official Web Site. [online] available: http://www.boeing.
International Operations
Companies decide to internationalize operations when the local market becomes saturated as a method to continue to grow and increase market share. Internationalization is the process by which companies shift operations from their home country into foreign markets. This process can be accomplished through a number of methods depending on the size, resources and strategy of the company.
Methods of International Operation
Companies will normally expand into international operations by exporting to overseas markets through independent channels or by licensing foreign manufacturers to produce products for overseas markets (Dicken 2003, p. 207). The next step is for a company to establish sales outlets in overseas markets by either buying a local company or setting up a new facility (Dicken 2003, p. 207). The last stage in internationalization is when a company establishes production facilities overseas by either buying another firm or setting up facilities (Dicken 2003, p. 207).…
References
Cardiochek, 2008. Company Information, [online] Available at: [Accessed 19 Dec. 2010]
Dickens, Peter, 2003. Global Shift. 4th ed. London: Sage Publications.
Wall, J.K. (2007, June 25). As Barriers Drop, Even Small Firms Go Global, [online] Indianapolis Business Journal, 28 (16), p. A8 Available at [Accessed 19 Dec. 2010]
Impact of Trade Barriers
There are several pizza franchises that operate internationally, and this is an opportunity open to Papa John's as well. Both Pizza Hut and Domino's have major international operations, and these have been facilitated by a reduction in trade barriers (Buss, 2013). International expansion, especially to emerging markets, has formed a part of the company's growth strategy since 2013 (Euromonitor, 2013). When trade barriers are reduced, this helps franchise businesses in a couple of key ways. First, it allows them to source inputs from anywhere it is cheapest. Papa John's might get its ingredients from America, but it may get its ovens from China, and its cardboard boxes from Canada – wherever is cheapest and trade makes foreign goods much cheaper than they otherwise would be without the reduction of those trade barriers. The other way that declining trade barriers help franchises like Papa John's is that…
Wal-Mart Stores, Inc.'s International Operations Process
Current International Operations Process
As the largest retailer in the world, Wal-Mart's international operations process is of course highly complex, but it is still fairly straightforward to understand. The company's international interests are far-flung and assume various forms around the world, but Wal-Mart Stores, Inc. ("Wal-Mart") organizes its business into three core segments to accomplish its operations processing:
Wal-Mart Stores. The Wal-Mart Stores segment is further comprised of three different retail formats, 1) Discount Stores, 2) Supercenters and 3) Neighborhood Markets (all of these format are located in the United States) (Wal-Mart, 2005).
Sam's Clubs. This segment consists solely of membership warehouse clubs, also all located in the U.S.; at the end of last year, Wal-Mart operated 1,478 Discount Stores, 1,471 Supercenters, 538 Sam's Clubs, as well as 64 Neighborhood Markets in the United States (Wal-Mart, 2005).
International. (Wal-Mart, 2005). The final segment operates…
References
Chambers, H.E. (2001). Effective communication skills for scientific and technical professionals. Cambridge, MA: Perseus Books.
Wal-Mart Stores, Inc. (2005). Yahoo! Finance. Retrieved April 17, 2005 from http://finance. yahoo.com/q/pr?s=WMT.
Wal-Mart Fact Sheets. (2005). Retrieved April 17, 2005 from http://www.walmartfacts.com / doyouknow/default.aspx#a27.
Diageo -- Expanding International Operations in Ghana
Assess the MNC's marketing mix in the country, its promotional practices, pricing, branding strategies -- standardized or differentiated marketing program? hat are the characteristics of the MNC's customers in that country?
Diageo is experiencing a vast amount of growth relative to its activities on the African Continent in many different markets on the continent. In Ghana in particular, the brand has stated its mission to be the most vibrant and iconic businesses in Ghana as well as becoming the market leader in beer and adult premium non-alcoholic drinks (Guiness Ghana Breweries Limited, 2016). However, the current economic situation in Ghana poses some significant challenges that could make sales challenging even with the best marketing platform. For example, even though the market in general is still experiencing growth, the growth rate is slowing and is predicted to be more volatile.
Furthermore, there are also…
Works Cited
Broadman, H. (2016). Competing for African markets: Strategies to win new business now. Retrieved from PWC: http://www.pwc.com/us/en/view/issue-16/strategies-win-african-business.html
Diageo Africa. (N.d.). Our Business. Retrieved from Diageo Africa: http://www.diageo.com/en-us/ourbusiness/ourregions/Pages/Diageo-Africa.aspx
Diageo. (N.d.). Responsible drinking programme in Ghana. Retrieved from Diageo: http://www.diageo.com/en-us/ourbrands/infocus/Pages/ggbl.aspx
GNA. (2016, May 24). Diageo top executives call on Ashantehene. Retrieved from Modern Ghana: http://www.modernghana.com/news/694064/diageo-top-executives-call-on-asantehene.html
upper and lower control limits for a sample size of 100?
atio when process in under control: 10 to 1,000,000 = .00001
Thus:
Upper Control Limit: .009497
Control Limit: .00001
Lower Control Limit: .
(Shmueli, 2005)
(Defects per sample, 100)
UCL = 0.009497
CL = 0.000010
LCL = 0.
ecompute the upper and lower control limits for a sample size of 10,000?
atio when process in under control: 10 to 1,000,000 = .00001
Thus:
Upper Control Limit: .030100
Control Limit: .000100
Lower Control Limit: .
(Shmueli, 2005)
(Defects per sample, 10,000)
UCL = 0.030100
CL = 0.000100
LCL = 0.
Which of these two sample sizes would you recommend? Explain.
While an ideal quality control program would test all work for defects or damage, this process would be highly expensive and time consuming. Thus, by gathering an average defect rate for a sample, and then by applying that rate to…
References
Allen, G. (1998). Controlling Processes. Retrieved November 6, 2005. Web site: http://ollie.dcccd.edu/mgmt1374/book_contents/5controlling/ctrlproc/ctrl_process.htm.
Hendrickson, C. (1998). Project Management for Construction. Pittsburgh, PA: Carnegie Mellon University Press.
Ishikawa, K. (1982). Guide to Quality Control. White Plains, NY: Quality Press.
Shmueli, G. (2005). Control Chart Calculator for Attributes (Discrete Data). Retrieved November 6, 2004 from SQC Online. Web site: http://www.sqconline.com/control-chart-attributes-enter.html .
International usiness
Competitive strategy is the bedrock on which companies base business decisions to reach their targets and achieve profitability. Formulating and implementing strategies in international business is much more complicated and difficult task than doing so in home or familiar markets. Competitive strategy deals with the development of abilities by a firm to keep ahead of competitors in the fields in which it operates. Firms develop competitive edge in global markets by possessing certain assets, abilities or characteristics. The primary elements of competitive advantage are the critical offer, the significant operating factors and the firm's strategic resources. (ennett and lythe, 2002) Corporate strategies and international marketing strategies are linked closely and have a bearing on business performance. (rown, 1994)
While some companies focus on a single source of competitive advantage, it is common for many firms to opt for a combination of options to be flexible and attain the…
Bibliography
Ahlberg, J; Garemo, N; Naucler, T. (1999) 'The Euro: How to keep your Prices Up and your Competitors Down', The Mclliney Quarterly, Volume: 2
Bennett, R. (1996) 'Relationship formation and governance in consumer markets: Transactional analysis vs. The behaviorist approach', Journal of Marketing Management, Volume: 12; No: 6
Bennett, R. (1999) 'International Business Frameworks', Second Edition, London: Financial Times/Pitman
Bennett, R and Blythe, J. (2002) 'International Marketing: Strategic Planning, Market Entry and Implementation', London: Kogan Page
e. Nutra Sweet). At the same time, they also had a number of failures, like when they company replaced the original formula for their soft drink with a new one. This led to a massive revolt among consumers, who did not want this product. Instead, they demanded something that could bring both of these elements together. At which point, Coke would begin utilizing the original formula, with the understanding that consumer tastes were very fickle. (Lamb 2008, pp. 255 -- 257)
This forced management to slow down on: how they are introducing new products to the market and concentrate on their core business model. During the 1990's this structure became challenging for Coke as: they had bottlers and distributors around the world (with no way to effectively collaborate on a host of different issues). This was problematic, because Pepsi was continuing to introduce products that were in demand. As they…
Bibliography
Benefits of Doing Business in India, 2010, Cross Cultural Training. Available from: [3 May 2011].
Code of Conduct, 2011, ITCILO. Available from: [3 May 2011].
Multinational Corporation, 2011, Business Dictionary. Available from: [3 May 2011].
Transnational Corporations, 2007, Earth Trends. Available from: [3 May 2011].
International Human Resources
Culture, Political, Economic and ocial Contexts of Nigeria Under the ubject of International Human Resource Management.
This paper is solely related to the International human resources practices, the uses of international human resources aspects as well as implementation within Nigeria. The paper has been explored several positive and negative aspects of Nigeria related to IHRM and whether it is feasible for global companies to operate and use the labor of Nigeria for making higher profits over there.
International HRM growth and significance
After attaining global scale, any company may be bound to utilize numerous resources and opportunities like global scale, scope, local differences adaptation and tap into best resources and locations associated with global presence in Nigeria and other countries. These are important opportunities in Nigeria because after exploiting such opportunities, the global image can be transformed into top global image (Hollinshead 2010, pp.233-262).
The opportunities can…
Schuler, R., Dowling, P., & De Cieri, H. 1993, 'An integrative framework of strategic international human resource management', deciding An IHRM Approach 449 International Journal of Human Resourc Management, Vol.1, pp.717 -- 764.
Taylor, S., Beechler, S., & Napier, N. 1996, 'Toward an integrative model of strategic international human resource management', Academy of Management Review,, vol21, pp. 959 -- 985.
Tomkins, R. Battered 1997, PepsiCo licks its wounds. The Financial Times, vol.26.
Liquidity shocks on the international arena can have a strong negative impact on less developed countries whose access to funding sources is already reduced.
The clearing risk is a specific risk, which combines credit risk, in the sense that it results from a counterparty's inability to meet its liabilities, market risk in the sense that it is caused by market shifts (general and specific market risk) between the time a transaction is executed and the time it is cleared, as well as liquidity and systemic risk." (Casanova, 2000). The clearing risk is assumed by clearing houses, which guarantee the proper settlement of transactions done by the members. These institutions engage themselves to bear potential replacement costs if either one of the trade counterparties can't fulfill its obligations. In international markets this risk is increased as the international arena as mentioned before it more dynamic and volatile and the chance of…
Reference List
Casanova, J - F. 2000 - Role Played by Risk Management and Clearing Systems in the Economy of Future Exchanges and ECNs. UNCTAD, www.unctad.org
Eichengreen, B. 1990a. Trends and Cycles in Foreign Lending. CEPR - Center for Economic Policy Research. Working Paper N"451.
Eichengreen, B. 1990b, Economic Policy - International Lending, Center for Economic Policy Research. Working Paper N"452.
Investopedia, Accessed October 2008, www.investopedia.com
, 2003).
Notwithstanding these similarities in the marketing function, there are some important differences that must also be considered. For example, even enormous countries in geographic and population terms that have relatively homogeneous populations may require more straightforward domestic marketing techniques and small city-states will require more elaborate international marketing techniques. For example, as ao (2000) points out, "Given its strong tourism base and an open economy, Singapore has modern international retailing and other marketing institutions, making this country a truly global or international city, while India represents primarily a traditional, domestic marketing environment with considerable isolation from international markets" (p. 188).
According to Hills (1994), the ecological model shown in Figure 1 below indicates that there is no single, successful ongoing or steady-state strategy for small companies involved in international marketing initiatives. This author emphasizes that, "Standardization vs. local differentiation is the single most important issue in ongoing international…
References
Alon, Ilan. (2004). "International Market Selection for a Small Enterprise: A Case Study in International Entrepreneurship." SAM Advanced Management Journal, 69(1), 25.
Andersen, Otto. (1993). "On the Internationalization Process of Firms: A Critical Analysis." Journal of International Business Studies, 24(2), 209.
Andrews, Tim G., Nartnalin Chompusri and Bryan J. Baldwin Obe. (2003). The Changing Face of Multinationals in Southeast Asia. New York: Routledge.
Beckman, Theodore N. And William R. Davidson. (1967). Marketing. New York: Ronald Press Co.
In many countries, FedEx Express charges a fuel surcharge. In foreign countries, an increase in the value of the U.S. dollar is inherently built into the price of jet fuel, or even into the price of gasoline. As such, a fuel surcharge helps to offset the currency impact on the local price of jet fuel. The result is that it serves as something of a hedge, pushing this particular risk at least in part onto its customers.
FedEx Express conducts as much of its business as possible in U.S. dollars. In particular, the company's major cost drivers in U.S. dollars. The foreign currency that is not reinvested into foreign subsidiaries may be repatriated to the U.S., or invested in other areas of the world. Despite its global footprint, FedEx Express therefore is well-hedged operationally against fluctuations in the U.S. dollar. Canadian dollar surpluses, for example, have been used to make…
Works Cited:
2009 FedEx Annual Report. Retrieved February 3, 2010 from http://files.shareholder.com/downloads/FDX/791567587x0x312397/557bd7f3-8372-4afe-a664-1fdb82a488b0/FedEx2009AnnualReportl.pdf
FedEx Canada. (2009). FedEx Express opens new facility in Peterborough. FedEx Canada. Retrieved February 3, 2010 from http://www.tradingmarkets.com/.site/news/Stock%20News/2343955/
However, the expatriate has the net advantage of significantly superior product knowledge and control, even if the costs of maintaining him are also higher. Foremost, the expatriate must be able to travel from the host country to the home country in order to conduct face-to-face meetings with his superiors and inform them of the progresses made. Traveling however consumes time and energy and the employee could become tired and unfocused. The need for a strong mind with high motivation and concentration skills becomes as such obvious (Honeycutt, Ford and Simintiras). Also, there is a strong need for the individual to be extremely well adjusted and capable to integrate within the new community. This is most important when "historically, multinational firms have been plagued by the problem of premature return of expatriate managers due to their inability to adapt to the culture of the host country" (Katz and Seifer, 1996). A…
References
Befus, D.R., Mescon, T.S., Mescon, D.L., Vozikis, G.S., 1988, International Investment of Expatriate Entrepreneurs: The Case of Honduras, Journal of Small Business Management, Vol. 26
Hess, M.B., Linderman, P., 2002, Expert Expatriate: Your Guide to Successful Relocation Abroad: Moving, Living, Thriving, Intercultural Press
Hsieh, T.Y., Lavoie, J., Samek, R.A.P., 1999, Are You Taking Your Expatriate Talent Seriously? The McKinsey Quarterly
Honeycutt, E.D., Ford, J.B., Simintiras, a., 2003, Sales Management - a Global Perspective, Routledge
international business expansion process.
International recruitment and selection brings a number of challenges for business organizations. They not only face difficulties in hiring the desired skillful staff from the host country, but may also have to deal with severe financial and cultural diversity issues. Through this research study, an effort has been made to highlight the major challenges and issues which make the international recruitment and selection process more complex and challenging for multinational organization.
The research report starts with an ample introduction to the esearch question and proceeds by highlighting the core objectives of the research study. The research question clearly states the major objective of this research study in a quite precise and succinct manner. The most important section of the research report is Literature review which has been written after a comprehensive research from a number of academic and industry journal articles and books; most of which…
REFERENCES
Ashamalla, M.H. 1998, International Human Resource Management Practices: the Challenge of Expatriation. CR, 8 (2): 54-63.
Andeason, A.W. 2003, Expatriate Adjustment to Foreign Assignments. The International 6 tyJournal of Commerce and Management, 13 (1): 42-60.
Andersen, T.M., & Svarer, M. 2006, Flexicurity -- the Danish Labor Market Model. Available from [Accessed July 26th, 2012]
Baudler, C.R. 2011, Employee Engagement: Through Effective Performance Management by Edward M. Mone and Manuel London, Personnel Psychology, 64 (3): 813 -- 816.
International Human esources. This project sheds light on an Indian company that has decided to adopt the international human resource management plan. In doing so will allow the Indian company to explore many new opportunities that once wasn't available.
The economy is in a struggle and hopes for a better tomorrow are fading away. As a result, Larsen and Toubro decided to expand internationally. Soren Kristian and Henning Larsen founded Larsen and Toubro in 1938. The value of the company sits at 8.5 billion. According to www.larsentoubro.com, the value of Larsen and Toubro sits at 11.7 billion. It specializes in manufacturing and engineering services. It's quite evident that the company has experienced much success in the international world. The company has made the following achievements:
• Implemented hydrocarbon projects In India, Middle East and South East Asia
• Implemented power projects in India, the Gulf, and Sri Lanka
• Has…
REFERENCES
Robert, S. Pindyck., and Daniel, L.Rubinfeld, (2004). Micro Economics. 6th Edition. Pearsons Education International: New Jersey
Andrew, B.Abel. And Ben, S. Bernake., (2004). Macro Economics. 5th Edition. Addison- Wesley: United States
Desatnick, R.L. & Bennett, M.L. (1978). Human Resource Management in the Multinational Company. New York: Nichols
Jupp, V. (2006) "The sage dictionary of social research methods," Sage Publications, London, UK, pp. 110, 111
Alibaba Group operates what it bills as the world's largest online marketplace, based on two main businesses, the B2B site Alibaba and the B2C site Taobao. The company's service is an interface that connects buyers and sellers. It arose out of a need to connect buyers and sellers within China, but the rapid growth of China as a global goods supplier facilitated the growth of Alibaba. Companies anywhere in the world could use the site to get bids from multiple suppliers, creating an efficient marketplace. The large number of customers allowed Alibaba to expand globally, so that today it is a network of buyers and sellers that operates globally. Alibaba is now floated on the New York Stock Exchange, giving the company greater access to foreign capital and solidifying its position as an international company.
Taobao is the largest online retailer in China. While this site is focused on the…
References
Alibaba Group 2015 Annual Report. Retrieved November 30, 2015 from http://ar.alibabagroup.com/2015/index.html
Market Entry Strategy
FedEx
FedEx's market entry strategy is what is described as a 'frontal-assault strategy.' FedEx's strategy is aggressive, high cost and Americanized.
The first thing noted is that their strategy in China is exactly the same as in any location. As the executive vice president of FedEx is quoted as saying "we've got a pretty good formula for attacking any market...whether its China or Japan or Germany, it really doesn't make any difference."
Market entry strategies will normally take into account the environment of the market to be entered and develop a strategy that best suits that market. Considering the high cost of entry into the Chinese market adopting an American approach without considering whether it is the best approach could be concerning.
At the same time having the same approach in all locations is easier and more cost-effective for FedEx with it being known that "standardization can…
Bibliography
Ball, D.A., McCulloch, W.H., International Business: The Challenge of Global Competition. Boston: McGraw Hill, 1999.
Bradmore, D., Joy, S., & Kimberley, C. Marketing Visions. New York: Prentice Hall, 1989.
International expansion is one of the growth strategies that are embraced by companies in order to improve their bottom-line/profitability. In this paper, we present an elaborate international marketing strategy for ed Bull energy drink. The marketing plan begins with an introduction into the concept of international expansion and marketing and a brief overview of the company. A review of the main conclusions and recommendations is then presented. This is then followed by a discussion of internalization strategy. In this section, the context as well as context and reasons for the firm's internationalization initiation or expansion decision, as well as a discussion of the stage of internationalization at which your chosen firm finds itself. The next section is a discussion of the foreign market segmentation and targeting strategies. Under this section, we justify our choice of a market concentration or diversification strategy, incremental vs. simultaneous entry, the number of countries you…
References
Doodle, I. And Lowe, R., 2004. International Marketing Strategy: Analysis, Development and Implementation, ThomsonLearning, London.
EastBridge Import & Export Co., LTD, The Import Procedure of Food and Drink, Viewed 14 March 2012, http://www.eastbridgechina.com/En/Show.asp?id=33.
Encyclopedia of the Nations, China Country overview, Viewed 30 April 2012, http://www.nationsencyclopedia.com/economies/Asia-and-the-Pacific/China.html .
Euromonitor International, Red Bull plans Asian expansion, Viewed 14 March 2012, http://www.marketresearchworld.net/index.php?option=com_content&task=view&id=1232&Itemid=77
International Crime, Terrorism, And Organized Crime Trends
Comparing contrasting topics international crime, terrorism, organized crime trends
This research has confirmed the possibility of close correlation between money laundering activities, Islamic terrorist fundraising, organized crime, and corruption of public officials throughout Brazilian Hizballah region. The organized crime networks and the Islamic extremists of Brazil must be examined in collaboration because they are connected to wider networks in Latin America zone and across the world. All the organized activities and terrorists in Brazilian Hizballah were facilitated by corrupt officials, which were driven by the benefits of lucrative criminal activities conducted such as business ventures by terrorists and organized crime groups. Consequently, there was a mutually beneficial association among the three sectors. In this study, Brazilian Hizballah will serve as a microcosm.
Introduction
A number of free-Trade American regions with massive Middle Eastern populations permit organized crime mafias, Islamic terrorist groups, and corrupt…
References
Almeida, J. (2008). Brazil in focus: Economic, political and social issues. New York: Nova Science Publishers.
Duyan, A., & NATO Emerging Security Challenges Division. (2012). Defence against terrorism: Different dimensions and trends of an emerging threat: [proceedings of the NATO Advanced Training Course on Defence Against Terrorism: Different Dimensions and Trends of the Emerging Threat - Terrorism, Kabul, Afghanistan, 23-27 May 2010]. Amsterdam: Ios Pres in cooperation with NATO Emerging Security Challenges Division.
Friedlander, R.A., Levie, H.S. & Lovelace, D.C. (2009). Terrorism: Documents of international and local control. Dobbs Ferry, N.Y: Oceana Publications.
Giraldo, J.K. (2007). Terrorism financing and state responses: A comparative perspective. Stanford, Calif: Stanford Univ. Press.
This plan is focused on financial stability and profitability, through the reduction of operational costs. In this business strategy, outsourcing plays a crucial role.
eferences:
Dunai, M., 2012, Hungarian town suffers as Nokia announces big layoffs, euters, http://www.reuters.com/article/2012/02/08/us-hungary-nokia-idUSTE8171OU20120208 last accessed on March 21, 2012
Haikio, M., 2002, Nokia: the inside story, Pearson Education, ISBN 0273659839
Layard, ., Nickell, S., Eichorst, W., Zimmermann, K.F., 2011, Combating unemployment, Oxford University Press, ISBN 0199609780
Louis, P.J., Nokia restructuring and issues with outsourcing strategy, Venture Outsource, http://www.ventureoutsource.com/contract-manufacturing/product-market-segments/cell-phones-handsets/nokia-restructuring-and-issues-with-outsourcing-strategy last accessed on March 21, 2012
aby, M., 2012, Nokia announces more major layoffs, TG Daily, http://www.tgdaily.com/mobility-brief/61315-nokia-announces-more-major-layoffs last accessed on March 21, 2012
ugman, a.M., 2007, Multinational enterprises from engineering markets, Berlin oundtable
ugman, a.M., 2009, the Oxford handbook of international business, 2nd edition, Oxford Handbooks Online, ISBN 0199234256
2011, Foreign minister lobbying in Helsinki to keep Nokia in Hungary, Budapest Business Journal, http://www.bbj.hu/politics/foreign-minister-lobbying-in-helsinki-to-keep-nokia-in-hungary-nepszabadsag_61055 last accessed on…
References:
Dunai, M., 2012, Hungarian town suffers as Nokia announces big layoffs, Reuters, http://www.reuters.com/article/2012/02/08/us-hungary-nokia-idUSTRE8171OU20120208 last accessed on March 21, 2012
Haikio, M., 2002, Nokia: the inside story, Pearson Education, ISBN 0273659839
Layard, R., Nickell, S., Eichorst, W., Zimmermann, K.F., 2011, Combating unemployment, Oxford University Press, ISBN 0199609780
Louis, P.J., Nokia restructuring and issues with outsourcing strategy, Venture Outsource, http://www.ventureoutsource.com/contract-manufacturing/product-market-segments/cell-phones-handsets/nokia-restructuring-and-issues-with-outsourcing-strategy last accessed on March 21, 2012
International Corporation Walmart
Because of the abilities of the internet and the expansion of global interests, there are many more international corporations today than there were in the past. One of the largest and most recognized of those corporations is Walmart. It operates in nearly all developed countries in the world, and is one of the largest retailers on the planet (Fishman, 2006; Zook & Graham, 2006). While it started out small, the company has grown to enormous proportions. It has become so large that some countries and some communities have taken strong and significant steps to keep the company out. Not everyone is a fan of the company, and not all countries think Walmart is good for business. The way the company comes in and "takes over" is sometimes a problem for much smaller, "mom and pop" businesses that are not able to sell as inexpensively as Walmart. For…
References
Fishman, C. (2006). The Wal-Mart Effect: How the World's Most Powerful Company Really Works -- and How It's Transforming the American Economy. NY: Penguin.
Ingram, P., Yue, L.Q., & Rao, H. (2010). Trouble in Store: Probes, Protests, and Store Openings by Wal-Mart, 1998 -- 2007. American Journal of Sociology, 116(1): pp 53 -- 92.
Lichtenstein, N. (2009). The Retail Revolution: How Wal-Mart Created a Brave New World of Business. NY: Macmillan.
Vance, S.S. & Scott, R.V. (1997). Wal-Mart: A History of Sam Walton's Retail Phenomenon (Twayne's Evolution of Modern Business Series). NY: Twayne Publishers.
International Financial Markets and Institutions:
Throughout the globe, today's landscape of international financial market and institutions has continued to experience several changes that require practitioners to examine new models. The need for practitioners to examine new models that are relevant to the state of these markets and institutions has also been necessitated by the recent events that contribute to financial crises, which have been very dramatic. Actually, the recent financial crisis has had significant impacts on the financial institutions and markets resulting in the need for changes. International financial markets and institutions have become an important aspect of economies because they affect daily life. This is primarily because they involve the huge flow of different types of funds in the entire economy that in turn impact the profits of businesses, production of goods and services, and economic well-being of countries. In some cases, the events in these institutions and markets…
References:
Accounting Education (2010), International Capital Market, Accounting Education, viewed 7
June 2012,
Australian Securities Exchange (n.d.), Absolute Return Funds, Australian Securities Exchange,
viewed 7 June 2012,
"Opening up the financial system to foreign capital flows can lead, and has led, to disastrous financial crises, which have resulted in great pain, suffering and even violence" (Mishkin, 2006, p.9).
Directly linked to the previous disadvantage and the basic definition of globalization, is the fact that the interdependence of sectors and institutions increases in a global market. In this instance then, a financial crisis within one country or within one institution is likely to generate negative effects upon its partners. The most relevant example of chain reaction to a financial crisis is the current situation, in which the global community is threatened with economic collapse due to the financial difficulties of the United States. The situation is similar in terms of politics or the social environment.
Globalization has often been assimilated with Americanization, meaning by this the desire of the American corporations to transcend boundaries and get access to…
References
Ervin, J., Smith, Z.A., 2008, Globalization: A Reference Handbook, ABC-CLIO
Geddes, P., 2004, the Benefits of Globalization, Foundation for Research on Economics and the Environment, http://www.free-eco.org/articleDisplay.php?id=378last accessed on January 19, 2009
Holm, H.H., Globalization and What the Governments make of it, European Institute Firenze, Retrieved at http://www.djh.dk/pdf/forskning/global.pdfon January 20, 2009
Kolodko, G.W., 2003, Emerging Market Economies: Globalization and Development, Ashgate Publishing
9. eturns - defines the condition under which the product can be returned, what procedures must be used, advance notice requirements, shipping issues and the like.
10. Damages - defines procedures for reporting, estimating and recovering damages if suffered by any party. This may include penalty payments with a defined upper limit for recovery.
11. Governing Law - defines the location where litigation will occur in the event that a breach of contract suit must be pursued through the court. The Mooters interest: This contract component would have defined Britain or France as the court for litigating recourse and recovery. With regard to the Mooters situation, different jurisdictions and applicable laws apply if this suit progresses to court.
The following contract components could have been included in the Mooters' sales contract; however, given its likely low monetary exposure, these contract components are likely unnecessary.
Entire Agreement - defines that no…
References
Black's Law Dictionary. (1990). St. Paul, MN: West Publishing Co.
UN Convention on Contracts for the International Sales of Goods. (1980). [Online]. Available: http://www.uncitral.org/pdf/english/texts/sales/cisg/CISG.pdf.
Uniform Commercial Code - Article 1. (2008). Cornell University. [Online]. Available: http://www.law.cornell.edu/ucc/1/ .
International Pol. Ec.
The four different scenarios laid out by the orld Economic Forum in 2009 paint distinctly different visions of the development of global financial markets. The four scenarios are financial regionalism, re-engineered estern centralism, fragmented protectionism and rebalanced multilateralism (yman, 2009). Of these four different scenarios, there is evidence late in 2010 that would support the evolution of two of these different scenarios. These scenarios, in particular the one with the most support, will be given primary consideration in this paper. The implications for these scenarios for my chosen company, an IT firm with a local focus, will also be discussed in this paper.
The EF scenario that fits the world best as of late 2010 is the first scenario, financial regionalism. This scenario relies on post-crisis blame-shifting, something that can be seen in the global political environment at present. The United States has raised serious issues about…
Works Cited:
Chan, S. & Ewing, J. (2010). Echoing Obama, Bernanke presses China on imbalances. New York Times. Retrieved November 19, 2010 from http://www.nytimes.com/2010/11/19/business/economy/19fed.html?_r=1&hp
Euro Intelligence. (2010). European panic over QE2. Euro Intelligence. Retrieved November 19, 2010 from http://www.eurointelligence.com/index.php?id=581&tx_ttnews[tt_news]=2948&tx_ttnews[backPid]=743&cHash=8bec5d30ed
Garrett, G. (2010). G2 in G20: China, the United States and the World after the global financial crisis. Global Policy. Vol. 1 (1) 29-39.
IMF. (2010). Reports for select countries and subjects. IMF. Retrieved November 19, 2010 from http://www.imf.org/external/pubs/ft/weo/2010/02/weodata/weorept.aspx ?
International elations Theory and United Nations Peace:
International elations (I) field normally focuses on the study of how various state systems can be made to work more efficiently to improve the power of law, maintain order, manage interstate affairs peacefully, and lessen prospects of war. The word relation in this field is used to denote the inclusion of more than political affairs to aspects like conflict and peace. International relations field is closely linked administratively to political science departments (O'Connor, 2010). Actually, the field of international relations traces its origin from various subfields including international law, diplomatic history, and international economics. While it's still early to consider international relations as a sovereign field of study, it has broken from the analytical procedures of economics and law as well as the ongoing process of breaking from political science. Consequently, this field has become an important facet because of the conceptualizations of…
References:
Ahmed, S. Keating P. & Solinas, U (2007), 'Shaping the Future of UN Peace Operations: is there
A Doctrine In the House?' Cambridge Review of International Affairs, vol. 20, no. 1, pp. 11-28, viewed 26 November 2011,
Cristol, J (n.d.), International Relations Theory, Oxford Bibliographies Online, viewed 26
November 2011,
The United States and the rest of the coalition members all argue that there was enough authority in the resolutions that already existed from the Security Council to justify using force for the invasion of Iraq. On the 10th of November of 2002, Secretary of State Colin Powell indicated that the United States believed that there were material breaches in the past, as well as new and current material breaches that necessitated enough authority to take action.
Iraq consistently violated many of the Security Council resolutions created by the United Nations and many of these dealt primarily with inspection of facilities and disarmament. Because Iraq continually violated these resolutions the rationale for military action came about largely from this issue. The fact that the terrorist attacks had taken place and there were possible links between Iraq and Al Qaeda also caused much of the tension. The disregard for these resolutions,…
The 3M model is also one that thrives on internal competition between ideas for further funding, the progression to the next stage of the innovation process, and the development of prototypes and finished products. What unifies all of these elements together is the strong focus on innovation that is predicated on team-based assignment and requirements (Allio, 1993). There is also a strong focus on minimizing variation in new products once defined and in production using Six Sigma, a technique for minimize product variations over time (Hindo, 2007).
eferences
Constraints eferences
Bernardi, d. S. (2010). Theory of constraints contributions to outbound logistics. Management esearch eview, 33(7), 683-700. Link:
http://ebiz.uoregon.edu/poms2008/FullPapers/008-0518.pdf
Goodrich, D.F. (2008). The relationship of the theory of constraints implementation to change management integration in professional service organizations. Nova Southeastern University). Link: http://gradworks.umi.com/33/12/3312014.html
Gupta, M.C., & Boyd, L.H. (2008). Theory of constraints: A theory for operations management. International Journal of Operations…
References
Allio, M.K. (1993). 3Ms sophisticated formula for teamwork. Strategy & Leadership, 21(6), Link: http://deepblue.lib.umich.edu/bitstream/2027.42/31538/1/0000461.pdf
Hindo, B. (2007, Sep 17). 3M: Struggle between efficiency and creativity. Business Week (Online),, 1.
Link: http://www.businessweek.com/magazine/content/07_24/b4038406.htm
Shapiro, A.R. (2006). Measuring innovation: Beyond revenue from new products. Research Technology Management, 49(6), 42-51. Link: http://www.allbusiness.com/technology/3997709-1.html
International Safety Management
ISM Code
ISM safety code
Acting as a mandatory regulation, ISM Code usually lays down standards of shipowner's responsibility for safe management of ships and pollution prevention accepted internationally. The obligation of the shipment owner is to establish, maintain as well as implement a Safety Management System that is to meet the ISM Code's requirements.
The aspects of civil liability's impact is to be focused on the impact on liability of shipowner for cargo loss or damage, in addition to shipowner's legal right to limit his liability for claims. Some of the concepts such as seaworthiness, actual fault and privity, crew's negligence, the role of the designated person and recklessness with knowledge are to be considered. There has already been a change in the conditions in terms of policies that meet the requirement of the ISM Code through Hull and Machinery (H & M) underwrites and protection…
References
Gold, E (1996). 'Lessons in Corporate Responsibility: Learn From Disaster?' The
ISM Code Implementation in Practice- Corporate Risk: BIMCO Shipping Courses
Copenhagen, Denmark). BIMCO. Copenhagen: BIMCO, pg 15-18.
Levy, H (1996). 'The P & I Club -- How do the clubs evaluate the ISM Code'. The ISM Code Implementation in Practice -Corporate Risk: BIMCO Shipping Courses: Copenhagen, Denmark). BIMCO. Copenhagen: BIMCO, 15-18).
International egulation of Tourism in Antarctica
Since the mid-1980s, Antarctica has been an increasingly popular tourist destination, despite the relative danger of visiting the largest, least explored -- and arguably least understood -- continent on earth. Beginning with the 1959 treaty establishing Antarctica as an international zone free of claims of sovereignty by nation's that had been instrumental in establishing research stations there, there has been almost constant negotiation about how to administer regulations pertaining to the preservation of life forms on the continent, what those regulations should be, and what sanctions should be applied and by whom.
To understand the depths of the negotiations, and the potential for discord, it is necessary to understand what the continent offer the 65% of global nations that are party to the 1959 and all subsequent treaties. To understand the possible future of Antarctica, it is necessary to outline treaty attempts to minimize…
References
Antarctica. Siyabona Africa Web site. Retrieved September 28, 2004 at http://balule.krugerpark.co.za/africa_antarctica.html
Chile Web site. Retrieved September 17, 2004 at http://www.visit-chile.org/antartica/antartica.phtml
Australia urges regulation as tourism to Antarctica escalates. (2004, March 24) Agence France Presse English. Retrieved September 14, 2004 at http://www.highbeam.com .
Bulgaria in Antarctica. Retrieved September 15, 2004 at http://www.bluelink.net/antarctic/ant_en/BGant.htm
This is important, because establishing high standards for executives to follow will help to promote the company's long-term interests. The reason why, is because these standards are guiding officials about how they should be interacting with various governments. When you are holding staff accountable for their actions (through the various standards that have been implemented), this helps to improve the image of organization and increase its dominance in key areas. Where, this is establishing a tradition of following the basic cultural standards within a particular region. Yet, it is drawing a line when certain activities can become unacceptable. When you put these two elements together, they are highlighting how the code of conduct will serve as a way of helping to support the most ethical activities (from company executives around the globe). ("Microsoft Standards of usiness Conduct," 2010)
Does the company have any social programs in the country/countries where it…
Bibliography
European Commission March 2004 Microsoft Decision. (2010). European Commission. Retrieved from: http://ec.europa.eu/competition/sectors/ICT/microsoft/index.html
Microsoft. (2010). Yahoo Finance. Retrieved from: http://finance.yahoo.com/q/pr?s=MSFT+Profile
Microsoft Standards of Business Conduct. (2010). Microsoft. Retrieved from: http://www.microsoft.com/About/Legal/EN/U.S./Compliance/Buscond/Default.aspx#standards
Major Types of Legal Systems. (n.d.). ILSTU. Retrieved from: http://my.ilstu.edu/~ewells/cjs102/CJS102-Week5-outline.pdf
On the other hand, the International Rescue Committee focuses on promoting human rights as one of the core of every innovative programs carried out by the organization. This major focus on human rights through the restoration of safety, hope and dignity to millions of refugees is one of the major relations of this organization with the ISCOR major at San Diego University.
Finally, the third major relation of the organization with the ISCOR major is that it serves as an opportunity where graduates of the program can apply their knowledge in helping IRC to accomplish its mission. This is largely due to the fact that students completing the major are prepared for careers that relate to international security and conflict resolution. Since the International Rescue Committee hits the ground in places with conflicts across the globe, graduates of this program can be used to help provide a way from harm…
Works Cited:
Graubart, Jonathan. "Program Information." San Diego State University: International Security and Conflict Resolution. San Diego State University, 27 Oct. 2010. Web. 15 May 2011. .
"History of the International Rescue Committee." International Rescue Committee: From Harm to Home. International Rescue Committee. Web. 15 May 2011. .
"International Rescue Committee." Idealist.org. Action Without Borders, Jan. 2011. Web. 15 May 2011. .
"International Security and Conflict Resolution." San Diego State University: SDSU 2011-2012 Catalog. San Diego State University. Web. 15 May 2011. .
For the C-level executive team at Oasis the most critical strategic decision with regard to Web 2.0 technologies is processes, systems and functional areas can take the greatest advantage of their benefits. It is clear that the globally-based distributed order management process could be much more collaborative given its breadth of activity across so many manufacturing centers. The need for creating a collaborative distributed order management system globally is what differentiates best-in-class manufacturers from those that struggle to stay profitable (Alt, Gizanis, Legner, 2005). The use of Web 2.0-based applications for enabling greater levels of collaboration globally in the Oasis product development teams is also a high priority, as this specific process is essential for the new product development and introduction (NPDI) process to be effective. The rapid adoption of collaborative new product development processes has continued to revolutionize the development of new products and services, and has been particularly…
References
Adel M. Aladwani. 2001. Change management strategies for successful ERP implementation. Business Process Management Journal 7, no. 3, (January 1): 266-275.
Rainer Alt, Dimitrios Gizanis, and Christine Legner. 2005. Collaborative order management: toward standard solutions for interorganisational order management. International Journal of Technology Management 31, no. 1,2, (January 1): 78-97.
Bernoff, J., and C. Li. 2008. Harnessing the Power of the Oh-So-Social Web. MIT Sloan Management Review 49, no. 3, (April 1): 36-42.
(Brown, He, 2007)
That's proving a business opportunity for Krispy Kreme, McDonald's and other American fast-food chains. For Krispy Kreme, Japan is part of its overseas expansion -- a crucial element of its revival plan announced earlier this year. The chain, based in inston-Salem, N.C., saw its stock collapse two years ago under the weight of overexpansion in the U.S., an accounting investigation and the low-carb diet craze...[Now a] Japanese man carries boxes of Krispy Kreme doughnuts back to his office...two Japanese girls devour doughnuts last week at a Krispy Kreme shop in Tokyo. Long lines form outside the shops, sometimes leading to waits of an hour" (Kageyama 2007). But because of more health-conscious consumers in other regions of America where the Southern, Americana image of the company has less cache and novelty, this strategy has not been successful. Also, the idea of a 'trans-fat free doughnut' has not quelled fears about health…
Works Cited
About us. (2008). Carvel Ice Cream Website. Retrieved September, 21 2008 at http://www.carvel.com/about_us/about_us.htm
About us. (2008). Dunkin' Doughnuts Official Website. Retrieved September 21, 2008.
A https://www.dunkindonuts.com/aboutus/company/
Cateora, P.R., & Graham, J.L. (2005). International Marketing. 12th ed. New York, NY: The McGraw-Hill Companies, Inc.
This is the point that we can offer specific insights that will help corporations to establish training programs and procedures for addressing these issues. Once this happens, is when we can provide strategies that will reduce conflict and improve productivity.
What the Proposed Design will accomplish?
The proposed design will be able to determine what specific attributes must be used by corporations to deal with the various cultural differences inside their operations around the world. This will help executives in creating policies and procedures that will allow managers / employees to improve communication. While at the same time, it will help them to address a host of cultural differences that could be relevant to a specific country or region.
For example, if a firm decided to establish operations in Russia managers will have to understand that there are certain practices that must be embraced. This is because Russians are more…
Bibliography
Comparative Analysis. (2012). E How. Retrieved from: http://www.ehow.com/how_2095476_write-comparative-analysis.html
Hall, E. (1990). Understanding Cultural Differences. Yarmouth, ME: Intercultural Press.
Johnson, B. (2004). Mixed Methods Research. Educational Researcher, 33, (7), 14 -- 26.
Ryan, R. (1999). The American Dream in Russia. Personal Social Psychology Bulletin, 25, (12), 1509 -- 1524.
In the case of United States, Article 9 of the Uniform Commercial Code provides for practically all types of security agreements for owned property that are both for own use as also for commercial purposes. This type of agreements includes fixtures which mean personal property that is attached to the property, and the ready example can be a water heater. This does not include other liens taken on the property like the lien of a mechanic are not covered by this act, but are covered by the individual laws that govern them. There is also a statute of frauds and that requires a security agreement to be in writing for it to be valid, unless the property has been pledged for getting the loan. This sort of a pledge takes place when the borrowing party shifts the collateral to the lender of money in exchange for the loan that he…
References
9-203. Attachment and Enforceability of Security Interest; Proceeds: Formal Requisites.
Retrieved at http://www.law.cornell.edu/ucc/9/9-203.html . Accessed 10 November, 2005
Bailey, Sue. PM defensive over election threat. Retrieved at http://cnews.canoe.ca/CNEWS/World/2005/11/03/1291616-cp.html . Accessed 10 November, 2005
Banking: An overview. Retrieved at http://www.law.cornell.edu/topics/banking.html . Accessed 10 November, 2005
Operations
There are several international issues that are relevant to operations management today. Now that business has become globalized, companies source materials from all over the world, and a lot of production at any given facility will be made for export. For a facility that is producing for export, for example, it must be able to accommodate local market conditions for size, labeling, etc. that will require distinct batches for each country.
The decision to produce for an export market is also something that is important. For example, a company may investigate the idea of producing a maquiladora in Mexico and weigh that option against producing domestically, or even sourcing from further afield. There are a number of considerations, including the quality of the local workers, cost advantages, and various tax and duty considerations as well, and the company often strives to design its production system in a way that…
Works Cited:
Hanson, G. (2002). The role of maquiladoras in Mexico's export boom. Rice University. Retrieved November 11, 2012 from http://migration.ucdavis.edu/rs/more.php?id=8_0_2_0
Engardio, P. (2006). The future of outsourcing. Business Week. Retrieved November 11, 2012 from http://www.businessweek.com/stories/2006-01-29/the-future-of-outsourcing
International Networking and the Outcomes of Global Networking
The purpose of the research proposed is to examine international business economics and specifically the impact that global networking has had upon organizations and corporations that are global providers of products and/or services. Research questions in this proposed study include those which ask as the questions of: (1) What is the impact of global networking on international business economics both in the U.S. And in developing countries throughout the world? And (2) Does affiliation drive business growth and profit for international organizations?
International Networking and the Outcomes of Global Networking
According to the work of Contractor and Lorange (2002) entitled "Cooperative Strategies in International usiness: Joint Ventures and Technology Partnerships etween Firms" there is increasingly acknowledgement that alternative forms of international business operations involving "negotiated arrangements between two or more firms." (Contractor and Lorange, 2002) This model involves the collaboration and cooperation…
Bibliography
Changes in Global Organization (nd) World Bank report. Retrieved from: http://siteresources.worldbank.org/INTGEP/Resources/335315-1257200391829/gep2003chap2.pdf
Contractor, FJ and Lorange, P (2002) Cooperative Strategies in International business: Joint Ventures and Technology Partnerships between firms. International business and management series. Vol. 2 Cooperative Strategies and Alliances in International business. Rutgers University. Graduate School of Management, Wharton School. Emerald Group Publishing 2002. Retrieved from: http://books.google.com/books?id=BwfRrH5jEKgC&dq=International+Business+Economics&lr=&source=gbs_navlinks_s
Heinsz, WJ (nd) The Institutional Environment for International business. The Wharton school, University of Pennsylvania. Philadelphia, PA. Retrieved from: http://www-management.wharton.upenn.edu/henisz/papers/wiib.pdf
Mataloni, Raymond J., and Daniel R. Yorgason (2002) Operations of U.S. Multinational Companies: Preliminary Results from the 1999 Benchmark Survey." Survey of Current Business. Washington, D.C.: U.S. Department of Commerce. March.
Labor influences vary from labor quality, quantity, labor unions, labor markets labor mobility and minorities. All these affect the international market differently. The quantity and quality of labor force are of great importance in the international business due to the profitability, efficacy and competition the employers should uphold and depict. Many countries want to purchase labor as cheaply as possible and also maximizing on the quality. Consequently, factors such as adaptability especially to new environments, managerial skills, ability to learn new things, and knowledge are highly considered when hiring candidates (Ball, 2006).
Labor quality can be termed as education, skills, and attitudes of potential employees which vary with regions and countries. It's an essential aspect and component to be considered in the planning stage. It should be considered to ensure that the right skill level is available to conduct business gainfully. In developing and poverty stricken areas where education and…
References
Aswathappa, K. (2008). International Business. Delhi: McGraw Hill.
Ball, Donald A. (2006). International business: the challenge of global competition. Columbus:
McGraw-Hill.
Bauernfeind, Markus. (2005). Drivers of Globalization: Integration of Theories and Models.
Other tools frequently used in this approach are positioning surveys and moving-average trend following trading rules. Fund managers regularly use these patterns to take informed decisions for short-term investments (Exchange ate Forecast, 2010).
Exchange rate risk affects both revenues and costs, which in turn affects a company's marketing, production, and financial decisions (Shapiro, n.d.). If a company's revenues are down then they might find themselves with less money to produce and market their product or service. If a company cannot produce or market their product or service they will probably not remain in business for very long. This is why it is so important to make financial decisions based upon a good model for forecasting exchange rates. A company's bottom line and ultimately their continued success rely heavily on their capability to have enough money to produce products and market them. A company that has no money to manufacture and…
References
2011 New design solar water heater. (2011). Retreived from http://www.alibaba.com/product -
gs/504296912/2011_New_design_solar_water_heater.html
Boyabatl, O. & Toktay, L.B. (2004). Operational Hedging: A Review with Discussion.
Retrieved from http://www.prism.gatech.edu/~bt71/articles/pompaper.pdf
International financial manager at Apple Inc. is the Senior Financial Analyst who has been serving in this department since October 2005. This individual works in close partnership with the Operations, IS&T and Merchandising departments in launching support, prices and planning changes of the various products of Apple Inc. Currently, Greg Gingo is the Senior Financial Analyst at Apple Inc. And has created and executed system expected commissions through the use of POS systems testing and contract review ("Greg Gingo," n.d.).
Additionally, Greg partners with the store operations on a daily basis in order to identify and understand the transactional behavior resulting in counteractive training. The Senior Financial Analyst also partners with the store operations on a day-to-day basis for the purpose of lessening future outstanding receivables. During his time as the international financial manager at Apple Inc., Greg Gingo has been able to review the carrier level contracts and recognized…
References:
"Greg Gingo: Senior Financial Analyst at Apple Inc." (n.d.). Linkedin.com. Retrieved January
19, 2011, from http://www.linkedin.com/pub/greg-gingo/26/177/47
Lin, Y.B. (2005, December 8). Financial Analysis: Apple Computer Inc. Retrieved from Boston
University website: http://people.bu.edu/beelin/TermPaper-AppleCom.pdf
At the same time, one does not know whether they offer the workers any benefit or perk as is provided by Korean employers.
This matter has to be sorted out by the Korean partner as the workers are more likely to trust him than Australians. He may also find it possible to offer the workers the same perks that are offered to his employees in other concerns. The hours of working and such details may also be fixed up early so that future conflicts of this are avoided in the future. The difficulties in culture will be very high for any Australian to come and work here, so the responsibility of recruiting the workers may be left to the South Korean partner. The only aspect that one can check is that he does not end up employing only his relatives and friends. This had cost many banks a lot of…
References
Deep Inside China, Expats Struggle to Cope. Far Eastern Economic Review. Retrieved August 17, 2005, from the World Wide Web: http://www.careerjournaleurope.com/myc/workabroad/20050803-areddy.html
Gilley, Bruce. Asia's Top Employers Value Happy Workers. Far Eastern Economic Review. Retrieved August 17, 2005, from the World Wide Web: http://www.careerjournaleurope.com/specialreports/bestasia/20010910-gilley.html
Kerman, Faiz. 2004. South Korea set to surprise? Chiltern International. 1 October. Retrieved August 17, 2005, from the World Wide Web: http://www.inpharm.com/External/InpH/1,2580,1-3-0-0-inp_intelligence_art-0-248799,00.html
Knowledgeable employees -- the key to a new labor relations structure. Retrieved August 17, 2005, from the World Wide Web: http://152.99.129.68:8787/board/issue_view.jsp?idx=104&code=C&bcategory=&pageNum=0&searchWord=&searchType=null
Operation Smile Programs Overview
Operation Smile Program Overview
Operation Smile Overview
Operation Smile Program Overview
Operation Smile Program Overview
Cleft palate and cleft lip are among the most common birth defects occurring today (NIDC, 2011). Together, these conditions occur in 0.17% of all births in the United States and between 2004 and 2006 represented 7,088 cases annually. The lifetime healthcare burden of these birth defects in the U.S. is close to $700 million.
Cleft lip/palate represents the failure of tissues to join during fetal development, which can lead to nursing, feeding, and speech problems (MedlinePlus, 2012). As a result, 10% of these children will die within the first year of life (Kraft, 2011). The social stigma associated with the birth defect is also substantial, contributing to the high mortality rate and lifelong social isolation. Children in poverty-stricken areas of the world are particularly vulnerable because they lack access to health…
References
Kraft, Jessica. (2011). Operation Smile Backgrounder. OperationSmile.org. Retrieved 5 Jun. 2012 from http://www.operationsmile.org/downloadables/news-events/publications/operation-smile-backgrounder.pdf .
MedlinePlus. (2012). Cleft lip and palate repair. NLM.NIH.gov. Retrieved 5 Jun. 2012 from http://www.nlm.nih.gov/medlineplus/ency/article/002979.htm .
NIDCR (National Institute of Dental and Craniofacial Research). (2011). Prevalence (number of cases) of cleft lip and cleft palate. NICDR.NIH.gov. Retrieved 5 Jun. 2012 from http://www.nidcr.nih.gov/DataStatistics/FindDataByTopic/CraniofacialBirthDefects/PrevalenceCleft+LipCleftPalate.htm .
(7) Polices that are appropriate in the area of retention and according to the policy and standards of the organization;
(8) Documentation practices that are appropriate as per the security policy, procedures, security, contingency and disaster recovery plans; and (9) Hardware, software and resource protection. (Whitman and Mattord, 2008)
III. THREE TYPES OF SECURITY MONITORING TECHNIQUES
In addition to the specified controls security operations that are sound are inclusive of auditing and monitoring which is appropriate. There are three techniques which are used in monitoring security and these include the techniques referred to as:
(1) intrusion detection;
(2) penetration testing; and (3) violation analysis. (Whitman and Mattord, 2008)
Auditing is another important component of information security operations security and it is advised that reviews of audit trails should be performed on a regular basis in order to alert the organization to practices that are inappropriate.
SUMMARY & CONCLUSION
Each of…
BIBLIOGRAPHY
Dougherty, Michelle. "The 10 Security Domains" (AHIMA Practice Brief) Journal of AHIMA 75, no.2 (February 2004): 56A-D.
International Information Systems Security Certifications Consortium, (ISC)2.
Code of Ethics. Available online at www.isc2.org / in: Dougherty, Michelle. "The 10 Security Domains" (AHIMA Practice Brief) Journal of AHIMA 75, no.2 (February 2004): 56A-D.
The 10 Domains of Security. 10-D Security. Online available at: http://www.10dsecurity.com/about/10domains.htm
al.); (Rahman, 136- 138) (Dasgupta)
From the segmentation analysis and mobile content revenues forecast, the need for launching the low-cost and ultra-low cost mobile cellular phone business in India based on value-added services that can be incrementally added to consumers' accounts is preferable to concentrating only on price alone. Creating the unique value proposition for the service based on mobile content also is attractive to potential partners who are necessary for the nationwide success of the company across India's broad geographic regions. This concentration on value-added services is also critical when the competitors to the proposed company are also taken into account. The following section provides insights into the competitive landscape in India for cellular and telecommunications.
Competitive Landscape and Analysis
The following is an analysis of the competitive landscape of providers that the proposed company will need to partner with in some cases, and compete with in others. Clearly…
Bibliography
AMR Research Study. Research Alert on Cellular Phone Costing and Forecast Alert. August 2005. Boston, MA. ABI/INFORM Trade & Industry. ProQuest.
Mike Clendenin. "Tale of two cell phone markets: INDIA and CHINA. " Electronic Engineering Times 4 Jun 2007: 33-34. ABI/INFORM Trade & Industry. ProQuest.
Nibedita Das. "Technology, efficiency and sustainability of competition in the Indian telecommunications sector. " Information Economics and Policy 12.2 (2000): 133-154. ABI/INFORM Global. ProQuest. 6 May. 2008
Anjan Dasgupta. Competition Policy in Telecommunications - a Case Study of India. 2005. ABI/INFORM Global. ProQuest. 8 May. 2008
Operations Management
hy are international issues now important in operations management? Give an example.
The changing ways in which efficient manufacturing processes can take place in a global marketplace are critically affected by international and regional concerns. hen deciding to embark upon a new venture in a foreign country, the relative geography and political stability of the nation must be taken into consideration. Foreign expansion holds the potential for great profitability. For example, in India, the existence of a technically skilled yet less expensive marketplace is one key way in which a company can become more profitable, by making use of such a natural, national labor resource. Outsourcing of labor has become a fundamental trend in research and developing. Even aspects of research and development traditionally considered a manufacturer's core competences are now outsourced. (Terestko, 2005)
However, before a company can fully consider outsourcing, local labor issues, national government policy,…
Works Cited
Harland, Christine, Knight, Louise, Lamming, Richard, & Walker, Helen. (Sept 2005) "Outsourcing: assessing the risks and benefits for organisations, sectors and nations." International Journal of Operations & Production Management. Vol. 25. No. 9, pp. 831-850
Terestko, John. (2005) "Pipeline=Lifeline." Industry Week. Retrived 7 Oct 2005 at http://www.industryweek.com/ReadArticle.aspx?ArticleID=10178
International Business
Shenkar & Luo (n.d.) note that "international business strategy must aim to find the most effective balance between global integration and local responsiveness" when entering new markets. Thus, firms need to balance all of the different factors that go into the market entry decision in order to enjoy the best outcomes. Among the key issues are timing of entry and mode of entry.
There has been considerable research with respect to the different options that are available to the firm. Gielens and Dekimpe (2001) note in their study that firms that enter a market early -- first movers especially -- and greenfield will tend to have the best success. hich of these elements is most important, however, is subject to debate. hen Starbucks entered Japan and China, it met the criteria of having a novel concept and first-mover advantage, but the company used local partners rather than avoiding…
Works Cited:
Davis, P., Desai, A. & Francis, J. (2000). Mode of international entry: An isomorphism perspective. Journal of International Business Studies. Vol. 31 (2) 239-258.
Gielens, K. & Dekimpe, M. (2001). Do international entry decisions of retail chains matter in the long run? International Journal of Research in Marketing. Vol. 18 (3) 235-259.
Hill, C., Hwang, P. & Kim, W. (1990). An eclectic theory of the choice of international entry mode. Strategic Management Journal. Vol. 11 (1990) 117-128.
Shenkar & Luo. (no date). Chapters 10, 11.
Operations at Apple Inc.
Statistical technique to measure the quality characteristics of Apple Inc.
Six-sigma was created in the 1980s at Motorola as a strategy to measure and enhance high-volume processing procedures. Its overall objective was to measure and dispose of waste by endeavoring to accomplish nearly perfect outcomes. The term six sigma refers to a statistical technique of measuring quality with a maximum of 3.4 imperfections out of a million. Various organizations like General Electric, Ford, and Apple Inc. have used six-sigma in their operations and have been able to save billions of dollars (Hubbard, 2009).
Six-Sigma is a statistically conscious strategy-to-process change that uses many tools to guarantee success. These tools include total quality management, statistical process control, and experimental designs. It may be facilitated with other vital activities and frameworks like a new item improvement, planning of material requirements and controls of just-in-time inventory. Initially, Six-sigma was…
References
Doole, I., & Lowe, R. (2008). International marketing strategy: Analysis, development and implementation. London: Cengage Learning.
Hubbard, M.R. (2009). Statistical quality control for the food industry. Gaithersburg, Md: Chapman & Hall Food Science Book.
Kasilingam, R.G. (2010). Logistics and transportation: Design and planning. Dordrecht [u.a.: Kluwer.
Lussier, R.N. (2012). Management fundamentals: Concepts, applications, skill development. Mason, Ohio: South-Western.
This type of international fraud occurs due to a desire to develop a climate that allows investors to benefit from the comparative advantages of countries such as Mali and Senegal (Barney and Hunt). These countries generally compete against other African states in order to attract more investors and, when the resources are insufficient to convince these foreigners, state officials engage in frauds.
4. Impact on International Business Setting
The increased levels of fraud generate a series of chain reactions upon the business setting within Senegal and Mali. First of all, they reduce general trust in the economic and political systems. This then means that foreign investors are not attracted to the region and that developmental opportunities are reduced. This in turn materializes in the lack of new jobs. It means as such that the federal authorities are unable to cash in taxes from foreign investors conducting business operations within Senegal…
References:
Altman, L.K., Broad, W.J., Global Trend: More Science, More Fraud, December 20, 2005
Barney (1986) and Hunt (1990), Resource-Based View of the Firm
Humphreys, M., Mohamed, H.A., Understanding Civil War -- Senegal and Mali
Peng, M.W., Wang, D.Y., Jiang, Y., An Institution-Based View of International Business Strategy: A Focus on Emerging Economies, Journal of International Business Studies, 2008
The company has evolved from its initial desire to be an industry leader, to that of being a leader and a strong presence within industry and community.
3. The Article in the Operations Management Context
Marc Benioff's and his company's evolution and success relate to operations management by referring not only to the core process of a business -- that of delivering a product or service that transforms into money -- but more so as they both focus on the end result, within given conditions and limitations. Additionally, they both place increased emphasis on other elements, such as customer satisfaction, employee morale and on the job satisfaction, or the respect for the communities in which the firms operate.
eferences:
McNamara, C., 2009, Operations Management, Management Help, http://managementhelp.org/ops_mgnt/ops_mgnt.htm last accessed on December 8, 2009
2009, Mystic Marc's Guide to Success, The Economist, http://www.economist.com/businessfinance/displaystory.cfm?story_id=14953117 last accessed on December 8, 2009
References:
McNamara, C., 2009, Operations Management, Management Help, http://managementhelp.org/ops_mgnt/ops_mgnt.htm last accessed on December 8, 2009
2009, Mystic Marc's Guide to Success, The Economist, http://www.economist.com/businessfinance/displaystory.cfm?story_id=14953117 last accessed on December 8, 2009
The new law has prosecuted 426 traffickers in 203 cases. These traffickers had 844 victims in that year alone. This law imposes penalties from 10 years imprisonment to life imprisonment (Kyodo).
Myanmar: Effective or Not?
The capacity of the national government in fighting the problem of human trafficking has been limited (UNODC 2007). It is particularly limited in implementing policy changes in remote areas where traffickers operate. Anti-trafficking groups are looking into the situation. The UNODC addresses the issue by implementing projects and participating in partnership initiatives in the country. These projects and initiatives include increasing public awareness of the problem, provision of technical assistance for the law enforcement sector and the judiciary, greater and easier access to service providers and enhancing their capabilities (UNODC).
Cambodia
Reports say that Cambodia is a source, transit and destination country for human trafficking (HumanTrafficking.org 2009). Human traffickers consist of organized crime syndicates, parents,…
BIBLIOGRAPHY
CIA. Russia. The World Fact Book: Central Intelligence Agency, 2009. Retrieved on April 23, 2009 from http://www.cia.gov/library/publications/2732.htm
Gekht, Anna. Shared but Differentiated Responsibility Integration of International
Obligations in Fight against Trafficking in Human Beings. Denver Journal
International Law and Policy: University of Denver, 2008. Retrieved on April
The Air Navigation Bureau has the responsibility of creating and developing technical studies for the Air Navigation Commissions, and also for developing recommendations that are meant to be used by the air navigation board. These recommendations, grouped under the heading Standards and ecommended Practices or SAPs are related to the efficiency, safety and the regularity of the International Aviation Council. The Air Transport Bureau, on the other hand, is charged with, by the Air Transport, Unlawful Interference and Joint Support Committees, for providing expert assistance for the Assembly, Council, Air Transport Committee or the ATC, the Committee on Unlawful Interference or the UIC, the Committee on Joint Support of Air Navigation Services or the JSC, and the specialized conference, divisional, panel and working group meetings that may be convened in the air transport field. The Legal Bureau would provide legal assistance and aid to the Secretary General, and through him,…
References
Kapteyn, P.J. (1984) "International Organization and Integration, Functional Organization"
Brill.
N.A. (2004, Feb) "International Civil Aviation Organization ICAO, History and present status"
Retrieved 4 December, 2007 at http://www.dfa.gov.za/foreign/Multilateral/inter/icoa.htm
Another reason why corporations choose to hold cash balances in a centralized repository is that the variety of accounts can be better managed as a mutual fund more complex investment structure than would be the case if the subsidiary alone managed the funds. A greater quality of information is available for example in the leading financial centers globally that would otherwise not be the case in more remote regions, making it possible to make more informed and correct decisions (Mitsos, 1997). The accuracy, efficiency and speed of decision-making based on more efficient use of information has led to more advanced forms of cash management than would have been the case on a per-subsidiary level (Fresard, Salva, 2010). Lastly, by having a centralized depository of cash for all subsidiaries, firms can hold less accumulated total cash, freeing up financial resources for other investments (Fresard, Salva, 2010). Companies become more efficient at…
References
Elliott, Graham, & Bewley, Ronald. (1994). The transmission of monetary policy: The relationship between centralized depositories and Monetary policy. Economic Record, 70(208), 19.
Fresard, L., & Salva, C.. (2010). The value of excess cash and corporate governance: Evidence from U.S. cross-listings. Journal of Financial Economics, 98(2), 359.
Hill, C.W.L. (2011). International business: Competing in the global marketplace (8th ed.). New York, NY: McGraw-Hill/Irwin.
Nicholas Mitsos. (1997, November). Virtual Group Treasury. TMA Journal, 17(6), 24-30.
International Business in South Florida
Premise and Conclusion
The location of any business entity, but especially one engaged in international commerce, is a complex and critical pre-condition for serving customers, providing a nurturing and productive environment for employees, and achieving profitable operations. Of the many factors management must consider, the following are generally thought to be the most influential: access to capital, favorable tax advantages, excellent transportation and technological infrastructure, and a skilled multilingual and multicultural workforce. (web eFlorida 2010)
South Florida, comprising Miami-Dade, Broward, and Palm Beach counties, does not present a perfect record on any of the success factors, but a close examination of the efforts made and the resulting accomplishments leads to a favorable recommendation for the formation or expansion of international business functions in the region.
Access to Capital
Depending on the stage of company development, a business may need venture capital, commercial bank lenders, or…
References
Enterprise Florida, Inc., 2010, a public-private partnership serving as Florida's primary organization devoted to statewide economic development. www.eFlorida.com
Florida International Bankers Association, 2010, a non-profit trade association founded in 1979. http://www.fiba.net
Florida Development Finance Corporation. 2010 Created by special state statute as an issuer of tax-exempt revenue bonds. www.floridafinance.org
Fodor's South Florida, 2010. Word of mouth tips from fellow travelers. www.fodors.com/guidebooks/9781400004775/
International Trade
Managing Offshoring Software Projects From U.S.-based Locations
In the article and research cited in An Empirical Investigation of Client Managers esponsibilities on Managing Offshore Outsourcing of Software-Testing Projects (Jain, Poston, Simon, 2011) the dynamics of outsourcing alliances with American companies and Indian service providers' shows signs of becoming more efficient through the use of collaboration technologies and more effective quality management techniques. The cultural, ethical and financial implications of Indian outsourcers becoming more efficient in working with American companies are having a risk reduction effect in the short-term and an acceleration of innovation in the long-term (Zhao, Watanabe, 2010). From a social perspective, Indian outsourcers are finding strategies for attaining a higher level of customer satisfaction level not attainable in previous iterations of their business models (Bairi, Manohar, 2011).
Analysis
The cumulative effect of ethical, cultural and financial factors on the operations of Indian outsourcers throughout the United…
References
Bairi, J., & Manohar, B.M. (2011). Critical success factors in gaining user customer satisfaction in outsourced IT services. Journal of Enterprise Information Management, 24(6), 475-493.
Hofstede, G. (1983). The cultural relativity of organizational practices and theories. Journal of International Business Studies, 14(2), 75-75.
Jain, R.P., Poston, R.S., & Simon, J.C. (2011). An empirical investigation of client managers' responsibilities in managing offshore outsourcing of software-testing projects. IEEE Transactions on Engineering Management, 58(4), 743.
Zhao, W., & Watanabe, C. (2010). Risk management in software outsourcing -- a portfolio analysis of India's case based on software export market constitution. Journal of Services Research, 10(1), 143-155.
Comparative advantage states that mutually beneficial exchange is possible whenever relative production costs differ prior to trade. Nations gain by producing goods at relatively low costs and exchanging their outputs for different goods produced by others at relatively low cost. Thus, consumers can gain enormously through appropriate specialization and exchange. A country has an absolute advantage in producing a good if production of the good absorbs fewer resources than are required in other countries or by other individuals or firms.
Specialization leads to economies of scale (Globalization) where more units of a good or a service can be produced on a larger scale, yet with (on average) less input costs. An increasingly competitive global economy drives companies to gain larger global market shares so that they can exploit the benefits of economies of scale (Daniels, Radebaugh, and Sullivan, 2007).
Of course, a harmonious political climate and international embracement of free…
Bibliography
Comparative advantage and absolute advantage. EconomicsInteractive.com. Retrieved from http://www.unc.edu/depts/econ/byrns_web/Economicae/Essays/ABS_Comp_Adv.htm
Daniels, J.D., Radebaugh, L.H., & Sullivan, D.P. (2007) International business: Environments and operations. Upper Saddle River, NJ: Pearson/Prentice Hall. ISBN: 0131869426
Fergusson, I.F. (2007, May 9). The World Trade Organization: Background and issues. http://www.nationalaglawcenter.org/assets/crs/98-928.pdf
Globalization. http://bovination.com/cbs/globalization.jsp
Business communications are official and face-to-face meetings are always preferred to indirect communications.
At the specific level of negotiations, it is important to note that, during negotiations, only the seniors in the team will speak. The negotiation process is slow and advancements are made in an unhurried rhythm. The Chinese people are non-confrontational individuals and they will avoid saying "No." They will, instead, promise to think about the proposition, see about it and so on.
In China, the negotiations do not focus on specific and measurable goals, but their emphasis falls on assessing the negotiation partner and seeing whether the relationship can be further developed. Since the Chinese are calculated people, decision making will often take a lot of time, until the locals are convinced of their future actions. The American counterparts are advised to always remain calm, or they will lose "face" and irremediably damage the relationship. The foreigners…
References:
Feenstra, R.C., Hanson, G.H., (2003). Ownership and control in outsourcing to China: estimating the property-rights theory of the firm. National Bureau of Economic Research.
Hira, R., Hira, a. (2008), Outsourcing America: the true cost of shipping jobs overseas and what can be done about it. AMACOM Div American Mgmt Assn.
(2011). World report 2012: China. Human Rights Report. http://www.hrw.org/world-report-2012/world-report-2012-china accessed on September 25, 2012
(2012). The world factbook -- China. Central Intelligence Agency. https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html accessed on September 25, 2012
International Terrorism
There is a growing link between organized crime and terrorism; drug trafficking, transnational organized crime, movement of illicit firearms and money laundering have all become integral parts of terrorism in the world today. Organized crime threatens peace and human security; it also violates human rights as well as undermining economic, social, cultural, political and civil development of societies all over the world. Terrorists are now using increasingly diverse modes of operations which are increasingly funded and sustained through proceeds from organized crime. Terrorism poses a serious threat to national security and fundamental democratic values of the society (Albercht, 2008).
Theories of counter terrorism
Counter terrorism entails the practices, tactics, techniques and strategies that governments, militaries, police departments and corporations adopt in making attempts to respond to threats or acts that are real and imputed Counter terrorism is a top priority for most countries following catastrophic events that have…
References
Albercht, H.J. (2008). Concepts of Terrorism and Organized Crime. Retrieved November 8,
2012 from http://www.etc.-graz.at/cms/fileadmin/user_upload/humsec/SAc_08_PPP/PPP_Hans_J_rg_Albrecht.pdf
Ohr, G.B. (2004). Effective methods to combat transnational Organized crime in criminal justice processes. Retrieved November 8, 2012 from http://www.unafei.or.jp/english/pdf/PDF_rms/no58/58-05.pdf (pg40-57)
Kolodkin, B. (2012).What is Counter terrorism? Retrieved November 8, 2012 from http://usforeignpolicy.about.com/od/defense/a/what-is-counterterrorism.htm
International Disasters and Humanitarian Law
Great infrastructure damage and social dislocation have been common consequence of natural disasters and social disasters for example wars. The aims of relief and post-disaster reconstruction comprises of:
Instant physical relief of victims
eduction of social dislocation
estoration of a function of social organization and reparation of physical infrastructure
The major disaster or wars international actors are United Nations agencies and ed Cross Movement.
International policies and laws have played a greater impact in helping shift disaster relief and post-disaster reconstruction in that, whenever there is major disaster there is immediate establishment of a rescue and recovery command center under the body of the United Nations, ed Cross and affected governments; this aid in supervision of relief efforts participating foreign military such as U.S. forces being part of it. For example for the case where there was establishment of U.S. dominated command centre set at…
REFERENCES
Jonathan Winters, (2009) combating Corruption in the Multilateral Development Banks'
Paul Wodlfowitz, (2006) press conference, U.S.Pacific command, Indonesia 16 January
" (Yates, n. d.)
3. Whether or not the U.S. military has overcome the fundamental obstacle to achieving force readiness prior to the commencement of combat operations
The U.S. army no doubt is capable of producing the desired results in the proper time as and when it is demanded to operate anywhere in the world operation Just Cause which by today's standard is remote proved that the army was capable of speed and efficiency but showed that after the initial attack there was a lack of coordination in bringing civil unrest and chaos under control. The war in the Persian Gulf - which in fact has two series of operations, first the 'Eagle' and later the "Desert storm' involved sophisticated weapons and systems across continents proved some of the weakness of the army. The fiasco of operation Eagle ought to make us question the current setup of having so many…
References
Adams, Thomas K. (1998) "U.S. Special Operations Forces in Action: The Challenge of Unconventional" Routledge
Brown, John. S. (2006, Sep) "Operation Just Cause: The Incursion into Panama"
Retrieved 20 February, 2008 at http://www.history.army.mil/brochures/Just%20Cause/JustCause.htm
De Toy, Brian M. (2004) "Turning Victory into Success: Military Operations after the Campaign" DIANE Publishing.