Premium Essay

Becoming Global

In:

Submitted By joseir1v3ra
Words 1302
Pages 6
Laws 310
Becoming Global
Jose Rivera
Professor Jennifer Stephens
Devry University
November 28, 2015

Introduction The client Gloria Smithson has successfully started and grown her business. Gloria has been manufacturing widgets in the United States and has ran into a slight issue. The cost of raw materials has increased by two hundred percent with her current supplier and is looking for other options. Gloria has found a new supplier, Greenleaf Manufacturing, which is willing to negotiate with her. On the same note Gloria has been considering an overseas manufacturer, and has met with manufacturers in Brazil and China who have submitted a proposal as well. Gloria has been selling approximately 12,000,000 widgets per year. She also recently received a purchase order from a large retailer for 8,000,000 widgets and a guarantee for a minimum of 13,000,000 widgets over the next two years. The purchase order stated that continued business is dependent on paying no more than $7.34 per widget. In order to figure out the best option for Gloria we have to determine what her cost, sales price and profit would be. Gloria’s current cost to manufacture widgets is $6.22 and her sales price is $9.18. Gloria’s current profit per widget is $2.96. Fulfilling this and future purchase orders with this large retailer will take Gloria’s business to the next level, but to do that she will have to get her manufacturing cost down to $4.38. With the information given there are three business proposals that were presented to Gloria as she searched for the right manufacturer. In order to find the right option and successfully take her business in the right direction, careful consideration has to be given to each proposal. The manufacturer chosen has to meet each and every one of Gloria’s needs as well as present

Similar Documents

Premium Essay

Becoming a Global Citizen - the Challenge of Globalization

...------------------------------------------------- This writing paper is made as the submission to task 17 (Unit 3, page 34) Becoming a Global Citizen – a challenge of globalization trend As human has been ceaselessly influencing the world, through millenniums it has been shaped and changed reflecting the ways we desire it to be. As our globe transforms, as a result, the future generations are expected for variations in adaptation to the new trends. The latest trend that is happening to our world during the past few decades is the globalization and what it demands for today generation is to response as global citizens. The demands for globalization Since we first selected our international language and established either our World Health or World Trade Organization, we fostered the renovation of merging different entities together to live unitedly in a shared world with shared environments and resources that demand joint efforts to be nurtured. As women globally deserve to be treated with respect and equality as men do, individual actions from governments were proved to be less powerful than the voice of the Human Right Watch association. Similarly, human would fail to reserve our ozone layer if related policies in China hardly coordinate effectively with American ones. Reality has demonstrated that internationally collective force helps impacting the world far more considerably than individual one does. The emergence of global citizenship In response to the globalization necessity, international associations, organizations...

Words: 680 - Pages: 3

Free Essay

Dla Piper Becoming a Global Company Case Analysis

...DLA Piper: Becoming a Global Firm Abstract The global business law firm DLA Piper did not arrive at its position as the recognized leader in its industry without a strategic plan to integrate and align it various regional entities. In fact, it was the vision of integration and alignment by its executive team that led to making DLA Piper the pre-eminent global business law firm today. This case study analysis will describe the setting & environment leading up to, during, and post-merger, then identify the stakeholders involved, and analyze the case context. In addition, Adler & Gundersen (2008) applications, along with options, decision factors and recommendations will be addressed. Setting and Environment In early 2005, two leading firms, DLA and Piper Rudnick, merged in the largest ever in the legal market. DLA, based in the UK, and Piper Rudnick, based in the USA, came together in order to establish a global platform and a foundation for accelerating growth. The two firms, along with US West Coast firm Cray Cary Ware and Freidenrich, became the merged DLA Piper. Initially, the firm would be led by three joint CEO’s who would have to address the issues that would make it a leading business global law firm. In order to achieve its strategic goal, the leadership of the new firm recognized that it must become aligned across its strategy, people, systems, structure, culture, and management. To achieve its express goal of becoming a global business law...

Words: 2625 - Pages: 11

Free Essay

Lg Michael Ahn on Becoming a Global Player in the Consumer Electronics

...LG’s Michael Ahn on Becoming a Global Player in the Consumer Electronics Market: Knowledge@Wharton ( http://knowledge.wharton.upenn.edu/article.cfm?articleid=2667) LG’s Michael Ahn on Becoming a Global Player in the Consumer Electronics Market Published : January 06, 2011 in Knowledge@Wharton In 2000, executives at South Korea-based LG Electronics set the goal of becoming a top-three player globally by the close of the decade. One year early, in 2009, the company achieved its goal. Meanwhile, revenue has jumped from $5.6 billion in 2004 to more than $13 billion in 2010. Michael Ahn guided the branding effort for LG Electronics North America before stepping down as regional president and CEO last year to become a senior adviser at LG Electronics USA. In a recent conversation with Knowledge@Wharton, Ahn -- who was visiting the University of Pennsylvania to make a speech as part of the Wharton Leadership Lecture series -- named patience, consumer-targeted marketing and achieving synergy among the firm's different divisions as the factors catapulting LG Electronics from a relatively obscure maker of commodity goods to a premium global brand. An edited version of the conversation appears below. This is a single/personal use copy of Knowledge@Wharton. For multiple copies, custom reprints, e-prints, posters or plaques, please contact PARS International: reprints@parsintl.com P. (212) 221-9595 x407. Knowledge@Wharton I would love to start by talking about the consumer electronics...

Words: 1692 - Pages: 7

Free Essay

Quality Pioneers

...Total Quality Pioneers Paper xxxxxxxx Quality Management and Productivity MGT/449 xxxxxx xxx Introduction People are confronted with scenarios concerning quality nearly every day. The word or notion of quality can be defined a number of ways. Some think quality should be determined by individual standards and expectations, while others believe quality is an ever changing state. Goetsch and Davis systematically broke down the elements of quality and determined that “quality is a dynamic state associated with products, services, people, processes, and environments that meets or exceeds expectations and helps produce superior value (Goetsch and Davis, 2010 p.5).” Whatever ones interpretation of quality might be, the intent of this paper is to more clearly define quality and its elements as well as describe how the quality pioneer's use of the total quality elements made the pioneers successful. Furthermore, this paper will explain why the elements of quality are useful in today’s environment and offer some insight as to what the future of quality might look like. Quality and its Elements Quality is defined with a variety of distinct explanations. Nevertheless, understanding quality is the key. End use consumers that are businesses explain quality unmistakably through the use of standards, specifications, and other measurable features. For instance, an individual in search of a new automobile will make his or her final purchase decision based on the quality...

Words: 849 - Pages: 4

Premium Essay

Under Armour

...correct patients so that no other competitors steal valued material. This actually makes their products perform better than other competitors. Politically Under Armour needs to promote good and safe work habits. They do not want a negative view like Nike obtained after they were seen utilizing sweatshops to make a deeper profit in the Industry. Even if a few customers find out they are using bad practices, then it shatters the whole reputation and brand image. Socio-cultural and Global Under Armour and other competitors can and have been using a global image to win the customers over. It is very important that Under Armour utilizes the global image of their quality product, for instance, showing their products on a global scale such as providing gear to the NFL and MLB. People are likely to wear what the professionals wear because they want to be like them. It also utilizes product placement in movies, TV shows, and video games that places their product on a global scale. It can also reach a global scale by endorsements made with worldwide know people, such as people participating...

Words: 1352 - Pages: 6

Premium Essay

It190 Unit8 Essay Impact of It on Globalization

...with products from manufacturing to cultural resources that promotes worldwide exchanges of ideas, economic impact and global interaction. The major factors which have contributed advances on an exponential scale include transportation in the air, sea, and ground, and the international infrastructure in telecommunications, from fiber optics, global thinking and the World Wide Web2. The processes in globalization has affected small business to large corporations, economics, social cultural resources, including politics from the migration of ideas with support and criticism from cultural differences intertwined with competition. The creativity and innovation from the diverse cultures has exploded into popularity that affect all civilization and lifestyles. Diverse knowledge and the ability to compete on a global scale has changed the way businesses and individuals interact. The advances in technology, with faster cell phone,smartphones, tablets integrated electronics, multi-CPU architect, faster bandwidth from fiber optic infrastructure will continue to integrate businesses and individuals in globalization for years in the future. The consumption of a product, either electronic gadgets, power tools, food or grains, and intellectual property from the east coast to west coast or United States to China or any other country will affect the supply or demand on a global scale instead of locally from state to state, or neighboring...

Words: 421 - Pages: 2

Premium Essay

Transnational Chapter 1

...TM-Chapter 1 (Motivations, Means and Mentalities) In this chapter, a number of important questions that companies must resolve before taking the leap to operate outside their home environment. 1. What market opportunities, sourcing advantages, or strategic imperatives provide the motivation for their international expansion? 2. By what means will they expand their overseas presence-through modes such as exports, licensing, joint ventures, wholly-owned subsidiaries, or some other means? 3. How will the management mentalities – their embedded attitudes, assumptions, and beliefs- that they bring to their international ventures affect their chances of success? Operating in an international rather than a domestic arena presents managers with many new opportunities. Having worldwide operations not only gives a company access to new markets and low-cost resources, it also opens up new sources of information and knowledge and broadens the options for strategic moves that the company might make to compete with its domestic and international rivals. However, with all these new opportunities come the challenges of managing strategy, organization, and operations that are innately more complex, diverse, and uncertain. What is multinational enterprise? * Multinational enterprise has substantial direct investment in foreign countries (Not just the trading relationships of an import-export business), and actively manage and regard those operations as integral parts of the company...

Words: 1350 - Pages: 6

Free Essay

Nt 1310 Unit 1 Ex 1

...Introduction One of the most important items about gaming is there are winners and losers (in a fun and entertaining way), which influences and entices players all over the world. All of the variables involved with the networks that provide gaming platforms are so dynamic and diverse. From games that are purely for fun or learning there will be a huge market for deploying bigger networks. This is one reason networks growth should grow exponentially. Below is what I have identified as a gaming or Local Exchange network. “Retrieved from, http://www.psu.com/a018031/” 12/17/2013 Posted January 17th, 2013 at 19:30 EDT by Timothy Nunes “Retrieved from, http://www.hcl-axon.com/Our_Products/gamedge/” 12/17/2013 “Retrieved from, http://compnetworking.about.com/od/homenetworking/ig/Home-Network-Diagrams/Hybrid-Network-Diagram.htm” 12/17/13 By Bradley Mitchell References • Home Wi-Fi Security Checklist Cited in the "Handbook of Electronic Security and Digital Forensics" and other titles! • Fixing Common Internet Connection Problems There's nothing more frustrating than a broken Internet connection. We have some tips that can help. Summary The development of a good gaming network has many components that work to enable the end user to have a full experience of entertainment and enjoyment. Some networks are much smaller which can be setup for home use. The ability to play a...

Words: 295 - Pages: 2

Premium Essay

Global Warming and Climate Change

...Article Rebuttal: Global Warming and Climate Change Jeffrey Rohde BCOM/275 April 1, 2012 Edward D’Avola Global Warming and Climate Change A controversial and heavily debated topic in the media today is global warming and climate change. Countless articles have been written about the impact of global warming on the climate changes. A majority of the global warming claims are based on either human factors or natural cycles. I came upon a recent article by Nina Chestney titled “Global warming close to becoming irreversible”. The article claims the global warming is a result of “the world's temperature looks set to rise by six degrees Celsius by 2100 if greenhouse gas emissions are allowed to rise uncontrollably” (Chestney, 2012). The temperature increase is the result of human activities. The purpose of this essay is to challenge the claims made by the author of the article. The rebuttal will be made by analyzing the credibility and validity of the author and their claims. The author’s credibility on the subject can be debated because of the lack of references listed. The points presented are, in a relative sense, true, but highly generalized. The author claims “the world's temperature looks set to rise by six degrees Celsius by 2100 if greenhouse gas emissions are allowed to rise uncontrollably”(Chestney, 2012). The author fails support the claim with data. The article discusses several negative impacts on the global climate: loss of...

Words: 761 - Pages: 4

Premium Essay

Global Warming

...Global warming has affected many aspects of our society including one of the most important aspects which is climate change. Our Earth is warming. Earth's average temperature has risen by 1.4°F over the past century, and is projected to rise another 2 to 11.5°F over the next hundred years. Small changes in the average temperature of the planet can translate to large and potentially dangerous shifts in climate and weather.All these facts are proven in epa.gov. Do to these entire climate changes many places have experienced floods, droughts, and even heat waves. All these changes in our climate is warming our environment so bad that even glaciers/icebergs are staring to melt at a faster rate over the years.Our atmosphere is becoming so much more polluted with burning fossil fuel and CO2 that it's harming us to as humans.In nrdc.org/global warming it is said that even fires occur due to climate change. It is also proven by scientists that even if we try to stop global warming it's impossible to do it due to the amount of co2 in the atmosphere which is enough to last us for 100 years. Global warming is going to continue causing volcanic eruptions, and fires. Global warming changes the climate which makes the planet hotter such as oceans which kills off species in the water.Climate Change due to global warming had been here around from decades to millions of years. Climate is huge because it's affects any living thing on this planet. We can't stop natural disasters from occurin which...

Words: 619 - Pages: 3

Premium Essay

The Pros And Cons Of Global Warming

...extreme events, ocean acidification. What do these have in common? Two words: Global Warming. The Earth’s global temperature has change throughout history but never have the Earth’s temperatures have been as high as they are now. After the Industrial revolution, global warming has increasingly becoming a threat. Consequently, global warming is becoming a bigger threat that needs to be addressed before even more serious damage is done. “Scientific evidence for warming of the climate system is unequivocal” -Intergovernmental panel on climate change. One of the many questions that scientists and people alike are asking and trying to prove if global warming does exist or...

Words: 809 - Pages: 4

Premium Essay

Controlling Climate Change

...In the year 2014, it seems that there should be no doubt that global warming is among us and climate change is affecting the earth in a negative pattern. What many people are unsure about in regards to climate change include where it comes from, what the major implications could be if global warming is not addressed, as well as what we as humans living on planet earth can do to aide in creating a sustainable future. Through this article, with the help of experts, we will address all of these areas involved with today’s climate change. It is hard to pin point one exact cause for climate change because in reality there are many things that contribute to it. Al Gore points out in his speech that the burning of fossil fuels, namely coal, is the main reason that we are observing global warming. (Gore, 2009) According to the EPA, the electricity we create today by burning these fossil fuels accounted for thirty-two percent of greenhouse gas emissions in 2012. Although burning coal and fossil fuels is the number one source of greenhouse gas emissions, a surprising factor to climate change is the fact that agriculture makes up for nearly ten percent of greenhouse gas emissions. Agricultural emissions come from sources such as agricultural soils, rice production, as well as livestock, such as cows. (Environmental Protection Agency, 2012) Environmental author Anna Lappé also notes agriculture as being a large source of the greenhouse gas emissions weakening our planets health. Lappé...

Words: 1253 - Pages: 6

Premium Essay

Random

...Worksheet: An Inconvenient Truth 1. What is the most vulnerable part of the Earth and why? The most vulnerable part of the earth is the atmosphere. In this movie, Al Gore says that the atmosphere is quite thin. 2. Describe how global warming occurs. The first step to global warming is that the suns heat waves pass through the atmosphere. The next step, which is the problem, is that some heat waves are trapped by the atmosphere. The earth absorbs most of the radiation but only some of the energy is sent back into space. But as time goes by we are polluting our earth which then thickens the atmosphere that makes Global warming happen faster and faster. 3. The Earth’s temperature fluctuates but what is its general trend?________ The earth’s general fluctuation trend is varies. It goes up and down. It seems that both up and down parts are rising slightly. The up part rises a little higher than the down part. Some might only notice a difference by mid 1960’s. 4. The Earth’s carbon dioxide levels fluctuate from summer to winter. What causes this natural fluctuation? The reason earth’s temperature fluctuates is because most of the land on our earth cover the northern hemisphere instead of the southern hemisphere. When the northern hemisphere is facing the sun (during summertime), the leaves are able to breathe in CO2. When the northern hemisphere is tilted away from the sun (in the fall/winter), the leaves fall and breathe out CO2. 5. What can bubbles...

Words: 902 - Pages: 4

Premium Essay

Online Shopping

...5. While some people consider global warming to be the most pressing environmental problems which we have at the moment, others believe that deforestation has a more devastating impact on our world. Discuss both sides and give your opinion. Sample answer 1 It is a concern to many that global warming is becoming a most significant environment issue. Some believe that people should pay more attention on the issue of deforestation because it has a more serious influence on the world. In my opinion, the growing population is the core problem which we should firstly address. Global warming causes two serious environment problems. Firstly, it is increasing the global average temperature linearly and this is caused by the greenhouse gas which is highly unlikely to be reused. In other words, when the temperature starts rising, there are no tools or technologies to decrease it or even stop it. Secondly, land mass is reducing because the sea level is increasing considerably. For example, according to research, several islands will be submerged by the rising ocean volume in the next few decades resulting in global warming, leading to major environment issues. The deforestation is becoming an irreversible problem especially in the developing countries. These countries are biased towards deforestation for development of various economic reasons, therefore they overuse deforestation for resources such as wood. Once the trees and forests have be cut down, these affected areas need decades...

Words: 1011 - Pages: 5

Premium Essay

Coral Reef Research Paper

...The first major threat to coral reefs is global warming or climate change. The warming of the oceans is detrimental for coral reefs because they are very particular about what water temperature they live in. Also the warming of the oceans causes glacier to melt, thus causing rising seas. " The Intergovernmental Panel on Climate Change has found that sea level is rising at a rate of .12 inches per year—60 percent faster than the .08 inches per year it predicted in 2007" (Global Reef Threats). Rising seas causes coral reefs to be deeper in the ocean. As something gets further away from the surface it common sense that it will receive less light. This will cause the coral reefs to grow slower. This is a problem considering some coral reefs already...

Words: 449 - Pages: 2