...6. Assessment Tasks Assessment Task 1: Assessment Task Case Study: IKEA: A Long March to the Far East Schedule Week 4 Performance Criteria: Outcomes Assessed 1.1,2.1,2.2, 4.1 Also addresses some elements of required skills and knowledge as shown in the Assessment Matrix Description: From its humble beginning as a small general retail store in a village situated in the south of Sweden, IKEA has grown into the world's largest furniture retailer with 279 stores in 36 countries today. Specialising in furniture and home decoration, IKEA has an annual turnover of 19.8 billion euros (source: IKEA, www.ikea.com, accessed 25/03/2012). The IKEA catalogue is printed in 52 editions with 25 languages, with a global distribution in excess of 160 million copies. IKEA sees the Far Asia as an emerging market still in its infant stage. Its number of retail outlets in Malaysia, Singapore, Taiwan, Beijing, Shanghai and Hong Kong are very small and comprises a mere 3% of the company's total sales. These stores were expected to be more successful in the near future. IKEA's imminent strategic expansion into this region exemplified its ambitions to dominate this emerging market. This Case Study illustrates how IKEA's ventures into China and Japan are laden with unique marketing challenges which it had not encountered before in other international markets. Read the attached case (Case Study: "IKEA: A Long March to the Far East" - Source: Oxford University Press) and ...
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...>cases A GEM of a Study >Abstract The Global Entrepreneurship Monitor Entrepreneurial Assessment, a joint project of The Kauffman Center for Entrepreneurial Leadership at Babson College and The London Business School, has undertaken a long-term, large-scale project to prove the causal links between a government’s economic policies and initiatives, the resulting entrepreneurial activity and subsequent economic growth. This case describes multiplestage research, including thousands of interviews in several countries by established research firms. >The Scenario What government policies and initiatives are most likely to generate high levels of entrepreneurial activity? Which are positively correlated with the economic well-being of a country as measured by growth in GDP and job formation? Project directors of the Global Entrepreneurship Monitor (GEM), who define entrepreneurship as “Any attempt at new business or new venture creation, such as self-employment, a new business organization, or the expansion of an existing business, by an individual, a team of individuals, or an established business,” suggest the following: • Promoting entrepreneurship, especially outside the most active age group (25-44), with specific programs that support entrepreneurial activity. • Facilitating the availability of resources to women to participate in the entrepreneurial process. • Committing to long-term, substantial postsecondary education, including training programs designed to develop...
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...Merrill Lynch in Japan Sheila Kennedy MGT/448 Gary Solomon April 4, 2011 Merrill Lynch’s first endeavor to penetrate the market of Japan was unsuccessful because their marketplace was not synchronized to acknowledge international companies. However, in 1997 the situation changed in the World Trade Organization (WTO) contract for enhancing overseas firms to promote financial services to national investors. This was the beginning of a new age in the global market. Previous experience made investors hesitate to come into the Japanese market, but also made it abundantly clear that effects have changed with a enormous amount of assets and an open market owned by households in Japan were too attractive of opportunity to pass up. Merrill Lynch’s timing was perfect because there were only a few other foreign competitors with preceding experience in confidential consumer market, which made the transition more accommodating. In 1997 when Yamaichi Securities obtain bankruptcy, was an ideal opportunity for a company from American to enter Japanese market. Although first considering a joint endeavor this would permit the minimum expenditure as developing an ability to utilize an accessible distribution structure of a well-known bank of Japan. The flipside they did not observe their existence on the market because this ventures in the extensive flow, therefore Merrill Lynch began reconsidering the agreement and were fortunate to hire employees and buy branch offices of Yamaichi's...
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...Individual Assignment 2: LCA of two products Life Cycle Assessment of Nissan Cars *ASR: Automobile Shredder Residue. ASR is what remains after material recycling is done to recover as much ferrous and non-ferrous metallic material as possible from the automobile shredder residue. Nissan conducted LCAs since the early 1990s, and made quantitative comparisons to understand the environmental impact of materials that were changed in the following parts. * Radiators * Air conditioners * Front-end modules * Back doors Based on the results of the LCA Project carried out by the LCA Committee of the Japan Automobile Manufacturers Association from October 1997 to March 2001, Nissan reviewed in-house LCA methods and calculated results for major models. * May 2005: Inventory analysis was certified as being in accordance with the LCA method stipulated in JIS Q14040 by the Japan Environmental Management Association for Industry. Models that have undergone LCA: Skyline (made in Japan), Dualis (made in England) To develop more environmentally-friendly vehicles, LCAs are also conducted for new technologies that are introduced. These results are used to achieve the goals set out in the Nissan Green Program 2010* and the Nissan QCT-C* management policy, which clarify our environmental efforts. * *Nissan Green Program 2010: An environmental program that establishes activity plans and specific numerical targets for Nissan to...
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...Support/funding; • Support challenges; • SBs and NAMAs; 2 Standardized Baseline support activities Supporter IGES Sector Energy use in the rice mill sector Supply side energy efficiency Country/Region Cambodia Status Initial assessment successfully concluded Capacity development for incorporation of SB into NMMs or PoAs Road map study Concept stage Not yet started IGES Mongolia ADB UNDP MDG Carbon Global Environment Center Foundation Cook stoves Agricultural sector Not yet defined Solomon Islands Asia-Pacific Not yet defined UNDP LED Grid Emission Factor Uzbekistan Initial assessment successfully concluded 3 Standardized Baseline support activities Supporter ACAD/UNEP Riso Sector Grid Emission Factor for the Southern African Power Pool Country/Region Botswana, DRC, Lesotho, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe Uganda Status Approved Green Resources Charcoal (fuel switch, technology switch, methane destruction) Clinker production in the cement sector Positive List for electricity generation from landfill gas and methane destruction factor Approved Ethane Biofuels/Ethiopia UNFCCC/RCCs (Africa/LAC) Ethiopia West- and EastAfrica/Caribbean and Latin America Initial assessment QA on initial submissions/concept stage 4 Standardized Baseline support activities Supporter KfW/UNFCCC RCC, Lomé Sector Replication of the charcoal SB (with methane avoidance component) WAPP GEF SB GEF SB Country/Region...
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...>cases A GEM of a Study >Abstract In periods of economic downturn, government leaders try to stimulate entrepreneurship activity. Project directors of the Global Entrepreneurship Monitor, partnered with the Kauffman Center for Entrepreneurial Leadership of Ewing Marion Kauffman Foundation, the London School of Business and Babson College,designed a research study to add insight to what activities would be most likely to stimulate entreprenship activities. >The Scenario What government policies and initiatives are most likely to generate high levels of entrepreneurial activity? Which are positively correlated with the economic well-being of a country as measured by growth in GDP and job formation? Project directors of the Global Entrepreneurship Monitor (GEM), who define entrepreneurship as “any attempt at new business or new venture creation, such as self-employment, a new business organization, or the expansion of an existing business, by an individual, a team of individuals, or an established business,” suggest the following: • • • • • • Promoting entrepreneurship, especially outside the most active age group (25– 44), with specific programs that support entrepreneurial activity. Facilitating the availability of resources to women to participate in the entrepreneurial process. Committing to long-term, substantial postsecondary education, including training programs designed to develop skills required to start a business. Emphasis on developing an individual’s capacity...
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... | |Date issued |Completion date |Submitted on | | 25th January 2016 |22nd April 2016 before midday | | |Internal Verifier | | |Assignment title | Toyota Motor Corporation | |Instructions2o |An electronic copy of your assessment must be fully uploaded by the deadline date and time. | | |You must submit one single PDF or MS Office Word document. | | |Any relevant images or screenshots must be included within the same MS Office Word or PDF document. | | |Review the mitigating circumstances policy for information relating to extensions....
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...Date: October 25th, 2014 Memo to: Toyota Motor Corporation Subject: Executive Strategy & Assessment Executive Summary: Situation Since created Toyota Motor Corporation has focused on innovation and efficiency within its production or manufacturing facilities, and has built its success around this core competency. Recently however many of their competitors have adopted similar practices and have been able to narrow this gap significantly. For this reason these competitors are posing much more of a threat and Toyota may need to change or adjust its current strategy to deal with this problem. These competitors are also investing heavily in the emerging markets Toyota is currently trying to capitalize on. Recommendations After assessing the current strategy at Toyota there are a few recommendations I would make to help them succeed going forward. For one they may want to consider focusing less on labour productivity, as this no longer provides them with as much of a competitive advantage. They may also want to consider investing more in the emerging markets like China and Europe, as well as areas in Africa. They are currently a leader in environmentally friendly technology in the industry, and they should put more emphasis on this because it is becoming more and more important. This is also a great way to separate themselves from competitors. Key Evidence Some of the key evidence to support this involves productivity measures and various manufacturing...
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...International Community accepts the accumulated data as valid. Hourly compensation costs of manufacturing employees of China compared to U.S. manufacturing from 2002-2008. The data tables suggest that China manufacturing cost has risen on a constant steady pace. In 2008 China manufacturing cost was $0.57 and in 2008 it $1.36 (Manufacturing in China). Largely there is still a big gap compared to U.S. manufacturing and you can where China has gain many manufacturing jobs due to their relative low cost of manufacturing. Hourly compensation cost of manufacturing employees in selected economies and regions suggest that China has the lowest manufacturing cost out of U.S. , Japan, Europe, Mexico, Philippines and all East Asia countries (Manufacturing in China). The U.S had the highest manufacturing cost following closely by Japan (Manufacturing in China). U.S seems to be at a disadvantage on manufacturing hourly rates and companies will find that it is easier to manufacture in countries like China. Banister, J., Cook, G. (2011). China’s Employment and...
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...This unit introduces Asian Studies and International Relations. Considering both traditional and contemporary times, it seeks to place Asia’s diverse cultures in a global context. It examines issues such as how to define Asia, how Asian states related to each other, and how Western ideas of international relations have transformed these relations. The unit has two strands, each considering a set of ideas. First it examines the great religions/philosophies of Asian societies – Buddhism, Hinduism, Islam, Christianity and Confucianism – have influenced them. It then considers international relations theory and how theories can help us understand the complexities of Asian states’ relations with each other and the wider world. Credit point value 10 Pre-requisites Nil Co-requisites Nil Unit/s incompatible with and not to be counted for credit Nil Unit level 1 Assumed knowledge None Attendance requirements Attendance below 80% at tutorials without due cause may constitute grounds for failure. Non-attendance in tutorials for illness or misadventure or other reasons should be documented and submitted to the unit coordinator upon return. Enrolment restrictions Nil Unit learning outcomes Students who successfully complete this unit will be able to: • identify of the diversity and complexity of Asia; • explain the social manifestations and international political impact of Islam, Hinduism, Christianity, Buddhism and Confucianism in an Asian context; • evaluate the...
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...contact International Sales at international@pearsoned.com. Company and product names mentioned herein are the trademarks or registered trademarks of their respective owners. All rights reserved. No part of this book may be reproduced, in any form or by any means, without permission in writing from the publisher. ISBN-10: 0-13-375744-7 ISBN-13: 978-0-13-375744-6 Pearson Education LTD. Pearson Education Australia PTY, Limited. Pearson Education Singapore, Pte. Ltd. Pearson Education Asia, Ltd. Pearson Education Canada, Ltd. Pearson Educación de Mexico, S.A. de C.V. Pearson Education—Japan Pearson Education Malaysia, Pte. Ltd. Reprinted from The Supply Chain Management Casebook (ISBN: 9780133367232) by Chuck Munson. Cisco Systems, Inc.: Supply Chain Risk Management 1 María Jesús Sáenz† and Elena Revilla‡ “In an increasingly networked world, supply chain risk management is top of mind in global organizations as well as key differentiator for leading value chain organizations.” —John Chambers, Chairman and CEO, Cisco Systems James Steele, program director for supply chain risk...
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...Instructions: This assessment addresses your skills and knowledge in applying a global perspective in business, critical thinking, and communication. These are College-wide competencies adopted by the faculty for all majors in the College of Business. Please provide the following information at the top of your answer submission: First & Last Name, Panther ID, MAJOR, and Professor’s name. You are encouraged to do your best in this assessment. You do not need to perform web research in answering this question; your academic training at the College of Business Administration should have provided a good foundation and prepared you to provide an excellent answer. Use your time wisely while making sure you display excellent Global Thinking, Critical Thinking and Written Communication skills. Your response will be diligently checked for academic honesty and integrity, so if you feel obliged to research the answers you must appropriately cite your sources. Please read the following question carefully. You may want to construct a brief outline of your answer on scratch paper before your begin writing in order to better organize your thoughts. You can type your responses directly on the attached document, save it and submit into the Turnitin.com Dropbox that can be found under the assignments tab in your Blackboard course. Your response will be evaluated based on three (3) criteria: • Your ability to apply a global perspective to a business problem, • Your written...
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...please contact International Sales at international@pearsoned.com. Company and product names mentioned herein are the trademarks or registered trademarks of their respective owners. All rights reserved. No part of this book may be reproduced, in any form or by any means, without permission in writing from the publisher. ISBN-10: 0-13-375744-7 ISBN-13: 978-0-13-375744-6 Pearson Education LTD. Pearson Education Australia PTY, Limited. Pearson Education Singapore, Pte. Ltd. Pearson Education Asia, Ltd. Pearson Education Canada, Ltd. Pearson Educación de Mexico, S.A. de C.V. Pearson Education—Japan Pearson Education Malaysia, Pte. Ltd. Reprinted from The Supply Chain Management Casebook (ISBN: 9780133367232) by Chuck Munson. Cisco Systems, Inc.: Supply Chain Risk Management 1 María Jesús Sáenz† and Elena Revilla‡ “In an increasingly networked world, supply chain risk management is top of mind in global organizations as well as key differentiator for leading value chain organizations.” —John Chambers, Chairman and CEO, Cisco Systems James Steele, program director for supply chain risk management at...
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...Case: Corporate Level Strategy Hitachi: A Global Strategy for Social Innovation The Challenge In 2006, Japan-based Hitachi Ltd. committed to a new corporate strategy to stabilize business performance and create a foundation for long-term growth based on its vision of contributing to the solution of fundamental global challenges. The company had grown into 900-plus business units, serving diverse sectors, including power systems, appliances, transportation systems, advanced materials, construction equipment, data centers, and much more. Ultimately, Hitachi wanted to ensure that the new strategy aligned its businesses around the common theme of “social innovation,” and provided a platform for innovation and sustained growth. Hitachi asked BSR to help create a strategy for social innovation that would strengthen commercial performance and contribute to solutions to significant global challenges linked to sustainability. Our Strategy We focused our efforts on the need to support Hitachi’s global strategy of increasing revenues outside of Japan, creating a truly global organization, and aligning innovation with society’s current and future needs. To do this, we designed a program that provided Hitachi with a wide range of perspectives on global environmental challenges from both inside and outside the company to sharpen the company’s focus on a key set of priorities in corporate responsibility and social innovation. It comprised three steps: 1. Finding gaps and doubling down...
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...#1 Alaska Sees Asia Driving Annual $20 Billion Via Pipeline This article by Edward Klump on Bloomberg.com discusses the market of natural gas that Alaska’s North Slope has in reserves and the need of this valuable commodity in regards to the countries of Asia, especially China. The state government of Alaska and large natural resource and exploration companies including Exxon Mobile Corp, BP Plc., and ConocoPhillips are currently planning construction of the transportation pipeline and the facilities needed to compress the natural gas into liquid and ship it to their potential consumers. The article states that this venture would generate as much as $20 billion in annual LNG (Liquefied Natural Gas) sales. The 800-mile pipeline project from northern Alaska to a southern port may cost $20 billion to $26 billion; about three times as much as TransCanada Corp.’s Keystone pipeline proposal to link Canada’s oil to the U.S. Gulf Coast, according to a 2010 estimate of the Alaska project. Industry estimates have also pegged Alaska’s Liquefied Natural Gas total project cost at $40 to $50 billion, factoring in a pipeline and liquefaction plant. (Klump 2012 Paragraph 9-10) Alaska’s marketing of the reserves to the lower 48 states has been slowed by technological advances in the process of fracking to obtain natural gas within the continental US. Fracking is the process of drilling deep into shale strata and fracturing the material to release the natural...
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