Multinational Corporation Assignment Example | Topics and Well Written Essays - 500 words

Multinational Corporation - Assignment Example This refers to an assumption that the structure of a market would influence the conduct/ behavior of a firm. The manner in which an organization conducts itself in a given market will thereafter affect its performance. For example; in market where there is less competition, organizations have few obstacles. This gives them an opportunity to have various options in which they can behave in a market, and an example is increasing the prices of their products. Entry through green field methodology promotes competition between the companies in the market. This increases the quality of the products offered, and lowers their price. This is because a new company enters into the market, and it comes with its own strategies of penetrating the target market (United Nations Conferance on Trade and Development, 147). Entry into a host market through mergers has an effect of limiting completion, and this leads to an increase to the prices of goods the organization offers. This is because a multinational company collaborates with an existing company that offers similar products. This collaboration reduces competition since the organizations are not in conflicting of taking each other’s customers, but on retaining these customers. The control of the market by the host country can take the form of price controls, or requirements that before an entry to a given market, the company under consideration must incorporate local people as part of its ownership or senior management. A multinational cooperation can enter into a host market either through mergers, or green field entry. Green field entry has an effect of increasing competition. This is because there is an increase of the number of firms operating in a given market. Mergers on the other hand limit competition, because of the reduction of the number of firms operating in a given market. The entry of Mars into the UK ice cream market leads to decline of producers and sellers of ice

Management of people and organizations Essay Example | Topics and Well Written Essays - 1750 words

Management of people and organizations - Essay Example This report consists of an organizational structure of the Walgreen Company. The company follows rigid departmentalization, which is a centralized set-up. The departments are not expected or needed to interact with each other on a daily basis. There are times when inter department communication is necessary but they are not expected to work in collaboration for the fulfillment of their routine tasks. It consists of levels of functional setup with centralized reporting and authoritative work processes. The original structure consists of three levels of management; the CEO on the first level, CFO and Departmental heads on the second level, supervisors and managers in the third level. There is a recommendation given to re-structure the set-up. Instead of three levels, Area Managers can be located at level two who will be responsible to give directives to the departmental heads. As Walgreens is providing services at national and international platforms, it is necessary to locate Area Man ager. During this process, some authority and decision-making powers of CEO can be transferred to the Area Managers. It is bureaucratic organization with very less communication between the departmental heads. However, there can be some delegation of work within the department. Supervisors can take the role of the Line Managers in the organization. However, there is a need to define their responsibility. Managers and Departmental Heads can play an effective role in filling communication gap and provide solutions within the department.

How to make oral presentation Essay Example | Topics and Well Written Essays - 500 words - 1

How to make oral presentation - Essay Example It is also easier to understand the topic if it is interpreted in simpler words. Make an outline of the presentation. This will help organize not only the presentation but also the thought of the person delivering the oral presentation. Outline serves as guide for the presentation. This could be done through powerpoint and the presentor’s own printed copy with corresponding explanation. Do a dry run presentation a couple of days before the presentation. It will also help a lot if such dry run will be recorded so that the student can play back and observe how he or she is doing in the presentation and do some corresponding adjustments to make the presentation better. Dry run will also let the student have a feel of the presentation which would help diminish the nervousness during the presentation proper. Also, dry runs allow the student to make all possible mistakes without the deduction in grade or embarrassment. Do one last review and dry run of the subject matter to be presented a day before the presentation. Then relax and get enough sleep. Arrive at the presentation venue earlier to be able to relax and settle down. This will help to remove the nervousness and make the presentor more

Llean Implementation Using VSM and Simulation Assignment

Llean Implementation Using VSM and Simulation - Assignment Example Thus, this report will be an attempt towards depicting the use of the Lean manufacturing technique for optimizing the supply chain of ACW. Technology drives industry. This is true for industrial sectors especially those belonging to the developed economies of the world. Until the last decade, industries in the United States and Europe (which were some of the most heavily industrialized countries of the world) were so heavily dependent on technological Research & development so much so that a major chunk of companies' budget used to be allocated exclusively for R&D purposes. But, the most glaring phenomenon was that there were no research initiatives in the direction of management let alone waste management. Here waste must not be confused with physical waste, as the following sections will go on to depict. It was not until two decades ago that manufacturing industries realized their folly. They had learnt an important lesson from their fellow counterparts in Japan who had successfully implemented & popularized the use of "Just in Time" policies. The "Just in Time" policy was a conglomeration or in other words, a fusion of the concepts of mass production and scientific management methodologies. ... With the passage of time, the concept of lean manufacturing has gained immense popularity with its varied application in fields ranging from mass production to the services industry. Thus, lean methodologies have been successfully implemented in many disciplines.If one were to look down at history towards various sectors of the industry, it can be understood as to how lean principle have come into being. The roots of lean come from the word-CUTTHROAT COMPETITION. Since the 1970s, regardless of the nature or the services provided by the industry, the emphasis is laid more on how fast can the final product be delivered with optimum quality. If one were to look at Dell's strategy, it would be imperative that dell manufactures custom desktops in less than a week so as to remain a step ahead of its competitors. FedEx has been known to deliver packages within a day and this is the reason for the company's huge customer base and its dominance in the courier industry. Thus, their main strate gy is to think on the basis of adding value to the supply chain, which in managerial jargon, would be known as Lean thinking. Under the lean strategy, the industry strives to identify critical elements connected to the industry that add value to the product along with minimizing the production time.The same is the case with the company that is under focus as far as this report is concerned. The company here is called ACW that is based in Tonypandy. The main objective of this report would be to analyze the current state of workflow using some popular methods under the lean manufacturing techniques and thereupon propose further strategies and changes in order to optimize the work processes further. But before that, a major

Walmart Foreign Expansion Case Study Example | Topics and Well Written Essays - 250 words

Walmart Foreign Expansion - Case Study Example Walmart gradually changed the Mexican merchandising culture to American as it expanded its operations in this country. It customized its products and it lowered their prices which resulted in Mexicans changing their shopping habits as they begat to visit large retail shops. This attributed to Walmart’s success in Mexico. 2. In order to succeed in China, Walmart should adapt to the Chinese culture so that it can mesh it with its merchandising strategy. For instance, Walmart has discovered that the Chinese prefer that fresh food be harvested in front of them and this is the exact strategy that it has adopted. Walmart has also discovered that in China, success requires it to embrace unions and it has adopted this strategy which is in stark contrast to America where unionization is opposed. This has positively contributed to the company making inroads in China. 3. It is quite challenging for a company such as Walmart to change the culture of the nation where it is doing business. Consumers in different nations have their own culture which may not be easily changed. However, in order to be successful in such nations, it is imperative for the company to adopt the local people’s culture and try to mesh it with its strategy. This is likely to appeal to the interests of the customers rather than fully changing their culture which they will

Social Psychology- Social Cognition Charles de Menezes Case Essay

Social Psychology- Social Cognition Charles de Menezes Case - Essay Example The aim of social cognition is to study the specific aspects that create the mental structure and the process that leads to actions (Bodenhousen, Macrae & Hugenberg 2003, p.257). Man’s behavior towards other people depends on his internal cognitive structure about other people. Every action, whether it is planned or spontaneous, is driven by the social cognitive structure of mind. Hence, it won’t be wrong to say that the killing of Mr. Charles de Menezes, who was shot dead after being mistaken for a terrorist called Hussain Osman (Swaine 2008), was actually not a case of mistaken identity, but was a result of the distortion in the internal cognitive structure of people who were responsible for the killing. Mr. Charles de Menezes was shot seven times in his head by the plain clothes officers, without giving him warning or without making sure that he was the right person (Swaine 2008). The intention of the police operation was to keep a watch of the flats where Osman lived and stop anyone leaving the flats or arrest them quietly for investigation (Bailey 2008). When Mr. Charles de Menezes left the flat, he was folowed by differnt officers to the tube station where he boarded the subway car (Bailey 2008). During this whole process, officers ‘James’, ‘Frank’,‘Ivory’ and ‘Laurence’, who were following Mr. Menezes, were not sure if he was the man they were looking for. In fact ‘Laurence’ told the team that he did not believe the person was identical to the man they were looking for (Bailey 2008). After all these signals from the surveillance officers about Mr. Menezes not being ‘their’

Third Estate Paper Essay Example | Topics and Well Written Essays - 1000 words

Third Estate Paper - Essay Example The first estate comprised religious leaders and the clergy who were the smallest minority, but wielded a great deal of powers and influence in the country. The clergy is known to have owned up to one fifth of the land in France, and had great influence on the monarch. These were exempted from paying taxes and were assigned a number of workers in the churches. The second estate was the ruling class who had immense control and effect upon the third estate and worked to ensure that the rights of members of the third estate were infringed upon to avoid any form of opposition. Because of the unfair treatment members of the third estate received from the first and second estates, there arose revolutionists among them and through the works of the likes of Sieyes, they revolted against the political system, bringing the caste system down, leading to the declaration of human rights, and since the a just and fair society. 2.0. Discussion. The events elaborated in this paper took place before the French revolution in the years preceding 1788. The political situation at this time was dominated by the first and second classes, which were the Catholic Church and the monarch respectively. The knowledge prevailing at this time was that the clergy and nobility were ordained by God and that no one had the right to question whatever they did as they were ‘holy’ and only answerable to God. Noble authority was guided by four characteristics: that it was holy, paternal, absolute, and ruled with a reason. It was, then to be revered by everyone (Hibbert 283). This was the period preceding the fall of the Roman Empire and the rise of the Catholic Church. The church was so influential that the papacy dictated every aspect of human life including ethical, moral, religious, and political organization of the society. The church, therefore, grew alongside secular powers, with the two depending on each other mutually for their existence. The persons of this time were largely cl assified into three groups: those who fought (the nobility), those who prayed (the church), and those who labored (the peasantry). The greatest concern for the three groups was power and influence. The church and nobility attained this by instilling ideologies of fear among the third estate that they were a special select by God and that serving them amounted to serving God. For a long tie, they managed to scare the people of the lower class until the time of the Investiture Controversy that saw the second class question the powers and authority of the church. They overthrew the church and took its place in the first estate. The third class, o the other hand, was busy looking for ways it could overthrow the nobility to form a nation of their own where there would be equality among all (Bienvenu 351). In the late 16th century, relations between the king and Estate Generals began to deteriorate, leading to the epoch events where Estate Generals began to break off form the main kingdom power. These further led to the onset of the French Revolution characterized by weeks and months of civil unrest, especially by members of the third estate. The revolution was brought to an end after the first and second estates agreed to include representatives from the third estate in the governing body and reforms