...BUSINESS 427 GLOBAL ISSUES IN BUSINESS DeVry University Global Business Opportunities Project: Burlington Coat Factory/China Prepared By: Group A March 30, 2013 TABLE OF CONTENTS EXECUTIVE SUMMARY 3 Module 1: IDENTIFYING GLOBAL BUSINESS OPPORTUNITIES 3 Module 2: ANALYZING INTERNATIONAL COMPETITORS 7 Module 3: ASSESSING THE ECONOMIC-GEOGRAPHIC ENVIRONMENT 9 Module 4: ASSESSING THE SOCIAL-CULTURAL ENVIRONMENT 11 Module 5: ASSESSING THE POLITICAL LEGAL ENVIRONMENT 14 Module 6: SELECTING A GLOBAL COMPANY STRUCTURE 16 Module 7: FINANCING SOURCES FOR GLOBAL BUSINESS OPERATIONS 18 Module 8: CREATING A GLOBAL MANAGEMENT INFORMATION SYSTEM 20 Module 9: IDENTIFYING HUMAN RESOURCES FOR GLOBAL BUSINESS 23 Module 10: MANAGING INTERNATIONAL FINANCIAL AND BUSINESS RISKS 25 Module 11: PRODUCT AND TARGET MARKET PLANNING 27 Module 12: DESIGNING A GLOBAL DISTRIBUTION STRATEGY 28 Module 13: PLANNING A GLOBAL PROMOTION STRATEGY 30 Module 14: SELECTING AN INTERNATIONAL PRICING STRATEGY 31 Module 15: DETERMINING ORGANIZATIONAL FINANCIAL RESULTS 34 Module 16: MEASURING INTERNATIONAL BUSINESS SUCCESS 35 CONCLUSION 36 BIBLIOGRAPHY 36 EXECUTIVE SUMMARY Burlington Coat Factory was originally formed in the year 1924 as a wholesaler of junior’s coats and women’s coats. Its original location was in Burlington, New Jersey and they are now a national retail chain. Burlington Coat Factory offers...
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...BUSN 427 ENTIRE COURSE GLOBAL ISSUES To purchase this visit following link: http://www.activitymode.com/product/busn-427-entire-course-global-issues/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUSN 427 ENTIRE COURSE GLOBAL ISSUES BUSN 427 Global Issues in Business – Complete Course Homework Case Analysis – Weeks 1, 2, 3, 5, 6 Two options for course project – Starbucks Entry into India or on Burlington Coat Factory All 7 Weeks Discussions Final Exam – Week 8 w1 dq1 – Identifying Global Business Opportunities w1 dq2 – Differences in Political Economy and Culture w2 dq1 – Ethics in International Business w2 dq2 – Theory and Political Economy in International Trade w3 dq1 – FDI and Political Ideology w3 dq2 – Regional Economic Integration w4 dq1 – Foreign Exchange Markets – PPP w4 dq2 – The International Monetary System – IMF BUSN 427 ENTIRE COURSE GLOBAL ISSUES To purchase this visit following link: http://www.activitymode.com/product/busn-427-entire-course-global-issues/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUSN 427 ENTIRE COURSE GLOBAL ISSUES BUSN 427 Global Issues in Business – Complete Course Homework Case Analysis – Weeks 1, 2, 3, 5, 6 Two options for course project – Starbucks Entry into India or on Burlington Coat Factory All 7 Weeks Discussions Final Exam – Week 8 w1 dq1 – Identifying Global Business Opportunities w1 dq2 – Differences in Political Economy and Culture w2 dq1 – Ethics in International Business w2 dq2 – Theory and Political...
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...Mission: As a business manager for GE Canada, Raj Bhatt needs to figure out how to maximize the potential from the Canadian energy-efficiency opportunities. Energy-Efficiency, attractive industry and business opportunity? Yes, the energy-efficiency is a very attractive industry and business opportunity. As the growing interests from Canadian public and government, the size of the potential market has increased substantially to billions of dollars. Further, the technology and industry expertise have developed to more sophisticate stage as the market has grown to maturity with fewer competitors left. Therefore, the risk and prediction of overall business have decreased significantly. In addition, GE has the advantages of being an all-inclusive powerhouse for this project, since GE does not only have technical advantages in lighting and motors but also has its own financing department which could support the project’s financial needs. More importantly, GE is a well-known global brand with respected reputation in the industry. Lastly, GE does not face the similar level of competition in the energy-efficiency industry, as there are only 7 full-services ESCos that can cover all three businesses needs. Even those ESCos are often facing problems like accessing the capital, or creditability issues etc. GE management system, GE Canada, implications for the energy management business? The organizational structure of GE is a “direct connect” structure, which consists 6 core businesses...
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...Supply Chain ....3 1.1 Why Information Systems? ....4 Why Information Systems Matter 4 • How Much Does IT Matter? 6 • Why IT Now? Digital Convergence and the Changing Business Environment ....7 1.2 Perspectives on Information Systems ....13 What Is an Information System? ....13 Windows on Organizations: Cemex: A Digital Firm in the Making ....14 Window on Technology: UPS Competes Globally with Information Technology ....17 It Isn't Just Technology: A Business Perspective on Information Systems 18 • Dimensions of Information Systems ....20 1.3 Contemporary Approaches to Information Systems ....25 Technical Approach 26 • Behavioral Approach 26 • Approach of This Text: Sociotechnical Systems ....27 1.4 Learning to Use Information Systems: New Opportunities with Technology ....27 The Challenge of Information Systems: Key Management Issues 28 • Integrating Text with Technology: New Opportunities for Learning ....30 Make IT Your Business ....31 Summary, 31 • Key Terms, 32 • Review Questions, 32 • Discussion Questions, 33 • Application Software Exercise: Database Exercise: Adding Value to Information for Management Decision Making, 33 • Dirt Bikes USA: Preparing a Management Overview of the Company, 33 • Electronic Commerce Project: Analyzing Shipping Costs, 34 • Group Project: Analyzing a Business System, 34 • Case Study: Dollar General: Heavy on Organization, Light on Systems, ....35 Chapter 2. Information Systems in the Enterprise ....38 Opening Case: Fast...
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...People Elements in Global Operation EMBA 36 EPEC 1. Summary of the Paper Global economic development, especially the growth in emerging market, brings tremendous business opportunities and significant challenges to oilfield service companies (OFSCs). The challenges are mainly coming from the following aspects: * Global projects and global presents require global operation in recruiting, talent management and retention; * Inadequate supply from qualified talent and high turnover ratio; * Local content requirements from National Oil Companies (NOCs) increase the complexity in organization, resource and supplier chain; * Political and maritime risk impact from emerging market with instability exists in their political and economics environments. In order to solve those problems and challenge, the paper, “Unleashing people performance for higher global profits and productivity “, developed 5 strategies to improve business profits, employee productivity and talent retention: * Operate in global base: develop a global perspective on talent management. * Innovation in talent management: it is a process and objective orientated innovation to improve the quality of the talent management. * Emphasize career and leadership development: Enhance effectiveness in recruiting, developing, evaluation process by utilizing new approaches. * Alignment: Focus on alignment between individual career path and organization objectives, and reward performers...
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...Global Negotiations Article Analysis MGT/445 Global Negotiations Article Analysis Globalization has brought the world closer together and almost made it a requirement for businesses to develop plans and strategies to deal with different cultures. Businesses and managers must think on a more global scale and develop a global perspective to expand their businesses. In pursuing opportunities in the global marketplace, managers increasingly engage themselves in international business negotiations (Reynolds, Simintiras, & Vlachou, 2003). In this paper, I have decided to use an article that is an example of how a business failed in their negotiations overseas. I will also analyze the implications of globalization and technology on negotiation. International Negotiation Situation Article The article chosen for this paper involves Enron and their negotiations with the government of India and the Maharashtra State Electricity Board. The project proposal was for the construction of a US$3 billion power-plant in the town of Dabhol, situated on the Indian Ocean. There were many problems with the proposed project and the negotiations process that was undertaken by Enron. World Bank, acting as a consultant to the Indian government said that the project would produce an excess capacity of electricity for years and would be too costly in comparison to the more traditional sources of fuel, such as coal, already in use ("Enron’s Indian Negotiation Debacle...
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...Marketing * Supply Chain * Customer Marketing SALES Duration: 7 months Nature of Project/Assignment: You'll handle an independent sales territory for 6 months, with a focus on accountability and meeting targets and executing customer marketing projects. You will play the role of a team leader, leading a group of stockists and a large number of Stockists Salesmen and Pilot Salesmen. You will be responsible for a zone with a business of around 4-6 crores per annum. Post this, you will undertake a shadow District Manager stint for a fortnight which will provide you an opportunity to learn the art and science of Sales in Colgate-Palmolive from an experienced District Manager. Learning : You will learn about the Colgate-Palmolive Sales systems - Distribution network, Stockist management, Sales force management, In-store execution, Customer marketing programs and gain in-depth knowledge of how to leverage technology in sales. back to top MARKETING Duration: 3 months Nature of Project: To give exposure to different disciplines within marketing as practised by Colgate-Palmolive and help appreciate the role marketing performs in delivering business goals. Projects which have a business impact, are given to management trainees. It could either be a live project which would entail planning and implementation of a product launch or a relaunch. Or it could be a project to address specific brand or business issues. For example, developing a focused geography plan to attack competition and...
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...Business and program manager with an accomplished career, demonstrating expertise in pursuing new business opportunities and effective team building. Strong management and leadership skills, experienced working with cross-functional teams in complex environments. Creative and innovative problem solving skills and clear decision-making abilities in pressured situations. Accomplished in the successful presentation and negotiation of complex, high value, concepts at senior level. Proven track record in strategy, business planning, budgeting and performance management. Over thirty years in the Information Technology and Communications industry with extensive international business experience. CORE COMPETENCies Leadership: One of thirteen...
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...sylabus Course: IP_357 Global Marketing Management System Online (GMSMO) International Business Program University of Economics, Prague October 12 – 15, 2011 Instructor: Dr. Basil J. Janavaras E-Mail: basilj@janavaras.com Web Sites http://www.gmmso3.com , http://www.janavaras.com Introduction This course utilizes web based software named GMMSO (Global Marketing Management System Online, http://www.gmmso3.com ) as the basis of instruction along with targeted lectures on international business strategic planning. GMMSO software is a global marketing/management research and strategic planning tool that will enable you to: • Conduct a company situation analysis in a global context • Identify countries with high market potential for the company’s product/service • Conduct and in-depth market/competitive analysis and select the best country market • Determine the best entry mode strategy and develop the marketing plan To this end, the course requires integration of knowledge from this and other courses and bridges the gap between theory and the real world of business. This module organizes learning around projects that involve students in problem-solving, decision making, and investigative activities. It provides students with the opportunity to work relatively autonomously and in groups culminating in the production of realistic reports that integrate managerial realism into the classroom. Users are provided with helpful tools such as step-by-step...
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...Note: Attempt all the Question, All the questions carry equal marks, CASE 1 The Santek Images Business Unit Consolidated Products is a $21 billion company headquartered in Atlanta, Georgia. The company’s five business units, which offer a wide array of products and services, are the result of an aggressive strategy of mergers and acquisitions starting in the late 1980s. The corporate staff is surprisingly small, comprised of general management, legal staff, and human resources. Part of the reason for this small staff is due to the eclectic array of businesses housed within one corporate entity. A Business Week editor recently commented that “Consolidated Products could easily be broken up into five separate companies, since at one time it was five separate companies.” The editor also said that if the company “ever learned how to leverage its size in the marketplace, Consolidated Products could be a Wall Street powerhouse!” While Consolidated Products is a global corporation with facilities around the world, it operates each business unit as a highly independent and decentralized company. The corporate culture is best described as entrepreneurial, with each business unit being headed by an executive vice president who has complete profit and loss accountability. One of the business units, Santek Images, is the focus of this case. Santek Images Santek Images produces instant film and the imaging products that use that film for...
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...The global Business world is rapidly evolving. The way business is done today will be obsolete tomorrow, and; therefore, there is a need to constantly re-educate oneself. In this global competitive landscape, an MBA provides a distinct precedence over those without it. It not only teaches the latest in management thinking and practice but also prepares us to remain flexible in the mist of evolving management trends. Born to an army officer father and an educationist mother, my childhood consisted of multiple hues. Growing up in a changing environment, my parents taught me the importance of hard work, integrity and discipline. Frequent changes in location also meant meeting new people. This upbringing endowed me with the ability to adjust to my ever changing environment, allowing me to analyze the world and make informed decisions and to retain the best from every experience Since my childhood, science and technology has always enamored me. The flight of an airplane, the building of supercomputers, the wonder of internet, etc., aroused in me a curiosity to know how it all worked. Having advanced analytical abilities, it was only natural for me to take Engineering Science as a major in high school. After high-school, I enrolled at the prestigious Army Institute of Technology (AIT), to pursue a Bachelor’s Degree in Engineering, in Information Technology. The four years spent in AIT have been some of the best of my life. Each day unraveled a unique scientific phenomenon and...
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...Global business drivers: Aligning information technology to global business strategy by B. Ives S. L. Jarvenpaa R. O. Mason The alignment of worldwide computer-based information systems and integrated business strategies is critical to the success of multinational firms in a highly competitive global market. In this paper, information technology (lIT) solutions are explored that drive firms toward making economic decisions based on worldwide distributed knowledge. These solutions focus on a number of entities (or global business drivers) that identify where a firm can benefit most from the management and application of the technology. A variety of approaches for overcoming the barriers and risks of applying this technology are also discussed. n the forefront of the transition of a firm to a globally coordinated and managed organization is information technology. Information technology can drive the change, be harnessed to it, or rise up as a severe impediment. The chief executive of a major corporation has suggested that "globalization is no longer an objective but an imperative, as markets and geographical barriers become increasingly blurred and even irrelevant." 1 This paper explores how the application of information technology to the transition process can result in successful firms in a global market. Information technology (1fT) can drive a firm toward globalization in a number of ways. Using computer and communications technologies, IBM SYSTEMS JOURNAL, VOL 32...
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...Holdings, 2010), Singbridge has key staff with extensive experience in large scale integrated projects in Singapore and overseas. What is its mission Singbridge’s strategic intent is to capitalize on the two global mega trends of massive urbanization and environmental improvement, especially in Asia, to create a new growth platform for Singapore. (Singbridge, 2013) Why this mission (知“己”Knowing Itself) With extensive study of the development trend of global cities and Singbridge’s portfolio, I believe that Singbridge is effectively practicing excellent strategic management decision. With the following Strength, Weakness, Opportunity and Threat (SWOT) analysis and dissection of the company’s mission statement, we can better understand how Singbridge can effectively capitalize on its expertise to create its Blue Ocean in urban development. Strength: 1. A team of experts in urban planning and development with recognized experience. 2. Strong country brand capital enables Singbridge to sell its expertise and command higher market premium. 3. Singapore’s cordial relationship with developing countries, especially countries in Asia which shares similar needs and problems, facilitates Singbridge to outreach to foreign projects with government support. 4. Ability to invest in the projects that it works on assures partners with Singbridge’s dedication towards projects and provides...
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...FINANCE I initially joined Colgate for the opportunity to work for a recognized multinational, and the prospect of having a global career was very enticing. I am currently a Finance Director for Colgate-Palmolive in the Philippines. What I like most about working at Colgate is the exposure to different cultures, the focus on people development, and the strong global ethics mindset. Since joining Colgate, my professional development has taken a very deliberate course through assignments in varying functional and cross-functional situations (for example Corporate Finance, Supply Chain, Customer Development/Sales, and Subsidiary) that have proven to be great building blocks as I progress within the organization. Participation in varying degrees of leadership development programs have also been a strong complement to preparing me for greater challenges as I advance my career within Colgate. Opportunities to also work cross functionally and in different economic and cultural environments have been great contributing factors in my development. My most exciting projects to-date include my current role in the Philippines which is providing me the opportunity to manage in an environment that is vastly different from the US. I also participated in a year-long leadership development program with fellow Colgate employees from different functions, backgrounds, cultures that provided a great deal of insight into managing in a global environment and Colgate's strategic focus. The key to...
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...The role of LNG in a global gas market Linda Cook Executive Director Gas & Power Royal Dutch Shell plc Oil & Money Conference, London 21st September 2005 Linda Cook is Executive Director Gas & Power of Royal Dutch Shell plc. Her other responsibilities are Renewables, Hydrogen and Carbon Dioxide; Shell Global Solutions; Group Research; East Asia and Australasia. She was born in Kansas City, Kansas, in 1958 and joined Shell after graduating in Petroleum Engineering from the University of Kansas. She has worked for Shell companies in the United States, the Netherlands, and Canada. Before becoming a Group Managing Director, Linda Cook had been President and Chief Executive Officer of Shell Canada Limited since August 2003. Prior to that she has been Chief Executive Officer of Shell Gas & Power since 2000. She is a member of the Society of Petroleum Engineers and a Director of the Boeing Company. Linda Cook: The role of LNG in a global gas market Global demand for natural gas may double by 2030, with LNG growing perhaps fivefold – driven by continued cost reduction. Despite the capital intensity of LNG projects and the complexity of the value chain, LNG supply capacity is increasing rapidly. Existing schemes are being expanded and many greenfield projects are moving ahead. Although the spot market for LNG is growing, new projects continue to be underpinned by long-term sales contracts. Competition for supplies is increasing price connectivity between regions. Seizing...
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