Why do companies go to the trouble of establishing operations abroad through foreign direct investment when two alternatives, exporting and licensing, are available to them for exploiting the profit opportunities in a foreign market? or why do so many companies prefer FDI over either exporting or licensing?

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DISCUSSION QUESTION

Why do companies go to the trouble of establishing operations abroad through foreign direct investment when two alternatives, exporting and licensing, are available to them for exploiting the profit opportunities in a foreign market? or why do so many companies prefer FDI over either exporting or licensing?

Explain what determines the level of economic development of a nation.

Recognize current trends regarding foreign direct investment (FDI) in the world economy.

Explain the different theories of FDI.

 

 

Describe the processes used for on boarding and learning and development. Discuss why HR planning is important to the success of a business.

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DISCUSSION ESSAY

Describe the processes used for on boarding and learning and development.

Discuss why HR planning is important to the success of a business.

  • Discuss the importance of strategic human resource management.
  • Discuss ways to recruit and hire the right people.
  • Outline common forms of compensation.

 

 

 

Discuss the evolution of the ethical concept (4 Marks). Critically elaborate the theories of ethics as discussed by the author. Evaluate on how ethics is related with social responsibility with references.

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The content is available for free download in knowledge resource from the SEU homepage:

Read the article entitled “Ethics and Social Responsibility in Justice Decision Making”, José Poças Rascão, Polytechnic Institute of Setúbal, Portugal, International Journal of Responsible Leadership and Ethical Decision-Making Volume 1 • Issue 2 • July-December 2019.

Available in SDL and answer the following questions:

1.Discuss the evolution of the ethical concept (4 Marks). Critically elaborate the theories of ethics as discussed by the author (7 Marks). (800 words)

2.Evaluate on how ethics is related with social responsibility with references (4 Marks). (500 words)

 

 

Discuss the reasons and methods of governments’ intervention in trade. Analyze the effects of culture, politics and economic systems in the context of international business.

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Management Question

  • Discuss the reasons and methods of governments’ intervention in trade (CLO: 1.2)
  • Analyze the effects of culture, politics and economic systems in the context of international business (CLO: 2.1)
  • Carry out effective self-evaluation through discussing economic systems in the international business context (CLO: 3.6)

 

Using the topics in the sidebar “Modern Considerations for DC Locations,” pick a city and find out the pros and cons of locating a distribution center there. What is the economy like? Where are other, similar facilities located? Does the city, county, or state offer some economic incentives?

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Modern Considerations

  1. Why would a company’s own product descriptive data be inaccurate? Whose job should it be to update it, and how often should this be done?
  1. What kind of retailers would be best suited to direct deliveries from manufacturers? What kind of retailers would be better served by milk run deliveries?
  1. Using the topics in the sidebar “Modern Considerations for DC Locations,” pick a city and find out the pros and cons of locating a distribution center there. What is the economy like? Where are other, similar facilities located? Does the city, county, or state offer some economic incentives?
  1. How would an Internet-based retailer handle transportation needs? Would its overhead be less than a brick-and-mortar store in terms of moving, storing, picking, and shipping?
  1. If you were a retailer, are there any business functions that you would not even consider outsourcing to a third-party service provider? If not, why not?

 

 

Describe the concept of operations functions, supply chain strategy, process selection,forecasting, capacity planning, production forecast methods and schedule operation.

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Introduction to Operations Management

  1. Describe the concept of operations functions, supply chain strategy, process selection,forecasting, capacity planning, production forecast methods and schedule operation.
  2. Define different perspectives and knowledge of process-flow analysis, process design solutions, lean system, quality controls, Inventory control system and green systems.
  3.    3.Demonstrate process-flow analysis, process design solutions, operations strategies, Inventory Control System and customer services in the business operation.

 

As the general manager, you are also a leader in the company. What actions would best exemplify your role as a leader? As a leader in the organization, what outcomes best describe the interactive process between you and your team?

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Overview of Management and Leadership -IP

Scenario:

You have been working as a general manager for a small gasket company for several years. You have been able to increase the company’s sales from $10 million 3 years ago to $17 million last year. However, several of your employees are starting to complain. The owner of the company has told you that the employees feel like you are micromanaging them. They say that you will not let them do their job and that you are always hovering around them. The owner has asked to meet with you to address these concerns.

 Answer the following questions:

  1. As the general manager, you are also a leader in the company. What actions would best exemplify your role as a leader?
  2. As a leader in the organization, what outcomes best describe the interactive process between you and your team?
  3. Based on the comments from your team, which of the bases of power are you using to influence them?
  4. What kind of leadership strategy are you using if you address the concerns of your team by telling them that the reason you micromanage is that a few years ago you left another group of workers to manage themselves and their quality of work went down?
  5. As the general manager, one of your key responsibilities is to evaluate and take corrective action concerning the allocation and use of human, financial, and material resources. Which of your managerial responsibilities does this describe?
  6. The owner of the company tells you that as the general manager, one of your critical roles is to train, counsel, motivate, and direct your subordinates. What role does this represent?
  7. What type of conflict does your team have with you as their general manager?
  8. In which stage of the conflict process were your employees when they went to the owner of the company to discuss the issues that they are having with you?
  9. In which stage of the conflict process were you when you discussed your employees’ concerns with the owner of the company?
  10. What type of conflict strategy are you engaging if you acknowledge your employees’ concerns about your behavior but do not change your behavior?

Submitting your assignment in APA format means, at a minimum, you will need the following:

  • Title page: Remember the running head. The title should be in all capitals.
  • Length: 3 pages minimum

 

Analyze how the cultural dimensions of the three countries (i.e., Denmark, the KSA, and Mexico) impact leadership styles, leadership behaviors, and the decision-making process of leaders. What factors most greatly impact leadership qualities?

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Critical thinking

You have been selected to open two subsidiaries of organization XYZ. The headquarters of the organization is in the KSA. The organization is dedicated to the production of mobile devices. One of these new subsidiaries will be located in Mexico and the other one will be located in Denmark.

As you can see in the image below, which is from Hofstede’s Cultural Dimension Theory, there are differences and similarities among the countries. Leaders should attempt to understand these differences to create effective organizational strategies. Specifically, these cultural dimensions can help leaders determine business approaches, how to address negotiations, and can aid in creating strong management and leadership styles.

Source: Hofstede Insights. (2021). Country comparison. https://www.hofstede-insights.com/country-comparison/denmark,mexico,saudi-arabia/

In additional to Hofstede’s Cultural Dimension Theory, the GLOBE research has identified six global leadership behaviors that are considered important in different cultures. These leadership behaviors are as follows:

  • Charismatic/ Value-Based
  • Team-Oriented
  • Participative
  • Humane-Oriented
  • Autonomous
  • Self-Protective

Now, thinking about the above information:

  1. Based on Hofstede’s cultural dimensions, briefly describe the similarities and differences between the dimensions in Denmark, the KSA, and Mexico.
  2. Analyze how the cultural dimensions of the three countries (i.e., Denmark, the KSA, and Mexico) impact leadership styles, leadership behaviors, and the decision-making process of leaders. What factors most greatly impact leadership qualities?
  3. Explain which type of leadership behaviors, based on the GLOBE research, should be understood and how these leadership behaviors may impact the different cultures (Mexico and Denmark).
  4. Explain why it is important for leaders to understand cultural differences before doing business in other countries.
  5. From the Sinek video, Becoming a LEADER, what Universal Leadership characteristics will you bring to this project, and provide specific examples.

the GLOBE project site: https://globeproject.com/

 

Make a list of rewards: extrinsic versus intrinsic; financial versus nonfinancial; performance-based versus membership-based found in the above case.

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CASE STUDY

Read the case given and answer the questions:

In the organization’s meeting today, Thamer’s newest topic is rewards and pay plans. He starts: “Marwa showed me the salary figures and records for everyone. I can’t find any pattern or rationale for how people are paid around here. I think we should work this out.”

Kareem sends everyone but Thamer and Nabeel out to find more firewood and looks at Thamer. “No one but the four of us know how everyone is paid around here. What were you trying to do? Start a fight?” Nabeel adds, “We do fine with the system we have. Why did you think we needed to talk about compensation this week?”

Thamer asks tersely, “Would you describe that system for me?”

Kareem starts, “I like a guy, want him to work for us. So, I offer him whatever I made when I was his age. Or what Nabeel made at his age; especially if it’s a technical job, like machine design.” Thamer groans and holds his head.

Nabeel adds, “For the pros, though, we talk to them. Find out what pros are getting at other stores to demonstrate and sell the products. We pay that golf guy SAR 20,000 each time he shows up and swings his club around the golf course.” Thamer groans and holds his stomach.

Kareem counters, “Well, the pros are special cases, right?” Thamer collapses into a chair.

Nabeel asks, “Thamer, you took over setting starting salaries when you got here. What have you been doing?”

Thamer says, in a small voice, “Just offering what you offered the last guy in the same job. I couldn’t figure out any other pattern. That’s why I put compensation on the agenda for this week.”

Kareem and Nabeel groan. They all look up as the door opens and Faris comes in with a load of firewood.

 

Assignment Questions: M.M.15

  1. Make a list of rewards: extrinsic versus intrinsic; financial versus nonfinancial; performance-based versus membership-based found in the above case. (2 .5Marks)
  2. Evaluate the appropriateness of these rewards for maintaining employee commitment in the organization. (2 .5Marks)
  3. Does the compensation system in the organization meet the general goals of a compensation system? (3 Marks)
  4. Make three suggestions to improve the organization’s compensation system. (3 Marks)
  5. Identify three features of the compensation system that are excellent for this organization. Would they be suitable for most organizations? What types? (4 Marks)

 

How does Block chain work in Supply chain Management? How can we say that Block chain technology bring efficiency and transparency in transactions?

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CREATIVE WRITING ASSIGNMENT ON BLOCK CHAIN TECHNOLOGY IN SUPPLY CHAIN MANAGEMENT

 Recent technological advancements and rapid manufacturing growth are having a considerable impact on the global supply chain. For example, artificial intelligence is taking over quality control, Internet of Things (IoT) devices and drones are monitoring manufacturing and maintenance, and more than 1.9 million robots are already deployed in manufacturing and warehousing globally.

Today, companies need to be agile, flexible, and responsive to survive. Those that drive continuous innovation throughout their businesses and supply chains – and differentiate themselves in a highly competitive market by remaining dynamic and relevant – are the ones that succeed.

Keeping in view the above lines you are asked the following questions.

Q1. How does Block chain work in Supply chain Management?  (5 MM)

Q2. How can we say that Block chain technology bring efficiency and transparency in transactions?  (4 MM)

Q3. What are characteristics of Blockchain technology?   (4 MM)

Q4. Name five companies in the world who use this technology.  (2 MM)