...Methods | Question No. & Title: | “Critique of Quantitative Methods Journal Paper” | “Critique of Quantitative Methods Journal Paper” Why Are Some Subsidiaries of Multinationals the Source of Novel Practices while Others Are Not? National, Corporate and Functional Influences. This paper aims to establish the analysis of a unique international data set in four host countries like Canada. Ireland, Spain and UK. The study examines the argument that various, rather than single, proof are required to understand the factors promoting or retarding the diffusion of human resource practices within multinational companies. Multinational companies are progressively powerful and effective in Europe and worldwide. They are the main factor of the world and regional economies. MNCs are familiar with the sharing of organizational practices to foreign subsidiaries with the rest of the company. Organizational practices can be shown as important resources and abilities to produce and develop through the firm. “The key part of MNC’s is the diffusion of human resource practices to develop at the international level at the diverse capabilities and knowledge that they possess at subsidiary level.” The article examines the diffusion of HR practices from the foreign operations of MNCs to the rest of the firm. The term for this is reverse diffusion. In these case the main focus of research which are related to MNC’s is that the direction of the diffusion is inverted. It was separated...
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...THE INTERNATIONAL JOURNAL OF KNOWLEDGE, CULTURE AND CHANGE MANAGEMENT Madrid, Spain Diversity Assessment Tools: A Comparison Abstract: Much has been written about how to address diversity in the human resources function (recruitment, retention, professional development etc.) but less has been written about how to develop strategies to leverage diversity in other areas. This study proposes an approach to exploring diversity through the value chain and a tool to help an organization assess its strategy. The Diversity Audit Tool (DAT) was developed from an analysis of current diversity practices in the Information Communications and Technology (ICT) Sector in Canada. This paper will review the dimensions of the tool and compare it to six other diversity lenses. Keywords: Diversity assessment, diversity audit tool, diversity lens, “business” case for diversity. Increasingly corporations in Canada have stressed the importance of embracing diversity and have stressed the benefits of creating inclusive work environments which: Promote the work of all organizational members and ensures that it is acknowledged, respected, and that employees are compensated equitably for it Value diversity both within the organization and outside of it Implement a meritocracy – rather than non-job-related ascribed characteristics – ensuring the need for equality and fairness underpins the organizational culture Emphasize individual accountability at all levels of the organization Constantly...
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...Bonuses in Bad Times Spain financial crisis began from 2008, and many companies were affected, included the Spain big retail chain——Superado. Bonuses are the reward for the good performance. Clearly, it is very important for all the employees to get their bonuses. The two key features of the company operation are the sufficient funds and the staff cohesion. However, paying the bonuses may pose a threat to the operation of the company. The dilemma is whether to pay the bonuses to the employees during the recession time. The case study “Bonuses in Bad Time” (2012) outlines the circumstance of a supermarket chain. This case serves as an inside look into a grocery retailer——Superado, an expansive market chain situated all over the nation of Spain. Luisa Fernandes is the CEO of Superao; she had to take over the role as CEO after the demise of her dad. She is at present confronted with the issue of paying her worker's rewards amid a poor monetary time. Superado's Vice President of Finance, Maria Alva, makes it very clear with Luisa when she advises her that the organization cannot stand to pay rewards this year due to Spain's subsidence. Rodrigo Mendoza is the Vice President of Human Resources for Superado. He believes that Luisa should pay the bonus, and he has faiths in the workers and trusts that the accomplishment of Superado amid the retreat is because of management commitments. Jorge Ramos is the store manager. Jorge's essential concerns are his employees and the clients of...
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...This essay will focus on the various factors required when creating equitable pay and benefits packages for a British expatriate managers and engineers, who will be setting up production facilities in Denmark and Spain. Dowling and Welch (2004) defines an expatriate as ‘an employee who is working and temporarily residing in a foreign country’. This definition is also confirmed according to Harzing (2004) and Hollinshead (2010) they describe an expatriate as “a parent country national (PCN) working in foreign subsidiaries of the MNC for a predefined period, usually of 2-5 years”. (CEO Campbell Soup, quoted in Hollinshead 2010) “Too much emphasis on executives’ technical abilities - too little on cultural skills and family situation”. Baruch (2004) explains expatriates are prone to failure and it is a very risky approach; ‘The use of expatriate employees by organizations in their foreign subsidiaries represents a substantial investment with costs of expatriate failure reaching exorbitant levels ’. When focusing on the theory Trompennaar and Hall both indicate some culture issues that an expatriate may face. There are many reasons as to why an expatriate may not be successful and may return to their home country early this called repatriation, reasons for expats living early could be due to family concerns or the managers or engineers have accepted new position in the company, cultural adjustment challenges, security concerns and also career concerns. There are also number phases...
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...grown from a single store in 1988 to the largest pizza chain in Spain. At the end of 1997 they had 399 stores and an estimated market share of 62% in Spain. But what made it so successful? There are several reasons for that in the TP concept: • Management philosophy: TP only hires the best people and puts a lot of effort on development. This leads to an outstanding commitment and high flexibility. People who prove to be capable climb up or become even franchisees (Franchisees are therefore capable and skilled as well) • Human resources: TP has a modern three step approach with recruiting, training and evaluating. They try to match the managers’ mentality to the TP strategy. • Workforce Challenges: Unlike the competitors TP did not try to make pizza delivery as easy as possible. In order to cope with a high employee replacement, TP instead sought to upgrade both its entry-level employees and the responsibilities they handled. Together with performance measurement systems, employees could be evaluated. • Growing sales through service: TP came up with new methods to satisfy customers. Furthermore, employees got trained on acting in customers favour. • Brand building and quality: TP builds up a distinct identity in the customers’ mind by consistent clothes, mopeds and pizza names. Furthermore TP sells side dishes as well. TP offers promotions and a Kid’s Club. They are centrally producing their dough in Spain and buy the other ingredients from two or three manufacturers in...
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...[pic] Porter’s Diamond Analysis of Spain (Topic 8) Manuel Gall 6 Elboden Street 7004 South Hobart mrgatt@postoffice.utas.edu.au Strategic Management University of Tasmania Dr. Dallas Hanson Submitted on October 23, 2012 Introduction: Porter (1990) raised the question: “Why does a nation become home base for successful international competitors in an industry?” According to porter’s diamond, the answer lies in four elements, namely the factor conditions, the demand conditions, the related & supporting industries and in the context for firm strategy and rivalry (Fisher, Hughes, Griffin & Pustay 2009). These four factors interact in a self-reinforcing system that essentially determine a nation’s international competitiveness. This theory can be classified as a hybrid between the classical country-based trade theories[1] that emphasise the country’s factor endowments and the more modern firm-based theories[2] that focus on the action of individual companies (Fisher et al 2006). Spain is ranked as 36th out of 144 countries in the actual WEF[3] Global Competitive Report (2012). Thus, it is classified as innovation-driven economy that has reached highest development stage. However, the recent financial crisis has hit Spain, that suffers since years under a structural deficit, on the wrong foot (OECD[4], 2010). As a consequence, Spain recently has had trouble to finance its debt over private capital markets and is dependent...
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...Brennan Whetstone MKT-452 – Prof. Johnson 2/6/2014 Case Study – TelePizza Recap: TelePizza is the brainchild of Leopoldo Fernandez, a sales whiz from Cuba. The first TelePizza store opened in 1988 and became a rapid success – by 1993 there were 121 stores throughout Spain. The TelePizza brand was successful for many reasons, one of which being the principles by which the company does business. In terms of management, they start with the hiring process – hiring the right people and hiring young, entrusting employees with high degrees of responsibility along with training opportunities and incentives to succeed. Additionally, their standard of high flexibility allows the company to respond to any new information or changing market conditions. In terms of human resources, TelePizza relied heavily on constant analysis of management and frequent movement among positions to keep talent within the organization and problems to a minimum. Regular visits from senior managers and store supervisors helped maintain contact with personnel where managers receive coaching and communication from upper management. This system allowed TelePizza to grow so rapidly without breaking down HR capabilities. Other workforce challenges TelePizza overcame included keeping employees in high-turnover positions. They did this through raising the responsibilities of delivery employees; delivery personnel would leave coupons in the mailboxes of their segment area and be rewarded based on sales...
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...efforts on answering. This poor financial performance has led the firm’s management to question whether or not a strategic alliance might be a beneficial alternative to their current business model. To address the firm’s current quandary, this case has answered the following central question: Should NSY strategically align with key industry players; or, would organic growth be a more beneficial option for generating the additional value needed to once again realign the company with both internal and external expectations? Analysis of the situation focused on three strategic issues found to be key in determining the firm’s strategic options: NSY’s core competencies; their internal environment which encompasses the firms operations, structure and culture; and how the industry trend of consolidation might affect the firm’s positioning. Based on a thorough analysis, it is recommended that NSY forgo an alliance with an industry player, instead focusing on organic growth. This growth is recommended to first begin by reinvigorating their e-commerce approach. NSY’s website must deliver on the value that was originally intended at the firms inception. Second, it is recommended that NSY steadily grow their brick and mortar footprint throughout locations that typically see substantial industry activity. This growth is suggested to begin as regional, and as finances allow, spread outward from their home base in Spain. These recommendations will enable NSY to build a recognizable brand...
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...survive among the intense competition, some of them bow out of their respective industries. In order to compete, the business has to find the best ways to adapt in their industry. For example, Porter’s model and the five forces help gage how businesses should adapt. These forces affect the value chain and the generic strategies that help build the framework that can help the businesses know their position and their competitors’ position to make a strategic plan for the business. ZARA is the world largest clothing retailer operating in 86 countries ("INDITEX Group - Zara", n.d.). ZARA was founded by Amancio Ortega in 1975 ("ZARA - Spanish Fashion's First International Company | don Quijote", n.d.) ZARA had their first store in La Coruña, Spain, which is now the currentmain headquarter. The success of ZARA is a very interesting story so in this paper the discussion will be over ZARA’s position and its competitors’ position by applying Porter’s Five Forces. Another focus will be the generic strategy and value chain. Lasitaporn Kraikruan Porter’s Five Forces Porter’s Five Forces are tools that can help a business understand their business position, current competitive position, and its profitability level by considering the tension of 5 forces: Bargaining of suppliers, bargaining of buyers, threat of new entrants, threat of substitute products or services, rivalry among existing competitors. It also implies whether an industry is attractive or unattractive...
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...to get democratic privilege! Human Resource is regarded as the greatest resource in any business. It is responsible for the strength, character, compassion and promoting the sense of brotherhood on which a company relies for its future. It’s also responsible to restore the prominence of the company. A HR person must be able to inspire the whole company. In Human Resource department of a company, a person is employed to encourage the aims of the organization in such a manner that they become his own goals of life. The levels of awareness on the subject of human resource are constantly changing and to thrive, students have to recognize every piece of this change. Students are demanded resourceful essays by their teachers so that they can learn all the tactics of modern day human resource. Most of the students are worried about their essays as they have to provide research based work. Even the most brilliant students require vital network of social support especially from their teachers. Are you also one of those students who are thinking “who can help write my HR essay?” We provide solution to all your essay problems. When you hire HRM essay writers from our company, they all work at their best to help students at the highest level of genuine inquiry. Our writers take imagination as part of their work. They all express the unfamiliar areas of human resource knowledge in your essays and then further add a taste of natural and involuntary resources in your work. They always respect...
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...Ms. Aysel ZEREN ayselzrn@gmail.com Tel: 0034 666831296 BARCELONA,SPAIN PROFILE Strengths in analytical thinking, creativity, entrepreneurship, discipline, leadership, responsibility, communication, goal orientation, self-improvement, team dynamics. EDUCATION 2008-2012 Çağ University, Mersin, Turkey Management 2007-2008 Çağ University, Mersin, Turkey Çağ University School of English Language (Prep-Class) 1998-2004 Bilfen Collage High School, Adana, Turkey Turkish High School Diploma, EXPERIENCS June 2011-May 2012 • • Experience in sales, after sales, communication and customer relationship marketing Internal Auditor Committee Member, AIESEC Adana • Determine the internal audit and reporting standards,preparing audit quidelines and improve procedure, • The organization at the branch to check the availability of sales and marketing strategies of projects, • Auditing all activities which association rules according main purpose implement, • Auditing ledger, accounts and records executing in financial regulations and financial records based on the income and expense documents to check whether they are true, • To ensure cooperation with the external audit system • The arrangements made by the board, monitor and evaluate implemented by the board of directors, • Having audit in 3 month period intervals, reporting the results of the audit to board of directors and provide the reports when come together at General Assembly. June-July 2011 Mercedes-Benz Adana, Turkey ...
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...MANAGING INFORMATION SYSTEMS Introduction: Amancio Ortega, had a simple idea of linking customer demand to manufacturing and manufacturing with distribution, when creating ZARA in 1975 in la Coruña, Spain Zara came under the holding company Inditex in the year 1985 and is today the biggest fashion brand of the group. Zara believes that the prime factors for running a successful business are quick response to customers, use of computers, and disintegrated decision-making (McAfee, Dessain, & Sjoman, 2007) Inditex has a total of 1,558 stores operating in 45 countries out of which 550 stores are of Zara. Inditex’s major sales contribution is Zara accounting for 73.3%. Zara presents new style clothes for Men, Women, and Children along with reasonable prices. (McAfee, Dessain, & Sjoman, 2007) Women clothing accounts for 60% of Zara’s revenue. It has built up a business model to sell the garments by following trends and style, with virtually no advertising and trust the choices of store managers which is called as "commercials" on what garments should to be in stores. (McAfee, Dessain, & Sjoman, 2007) Value Chain Model: Zara currently uses the value chain model (concept originally proposed by Michael Porter), which is helpful to access areas of weakness and strengthen them to achieve profit and competitive edge. This model helps decision-making that can implement IT or add value to the products and services. The chain mainly consists of six Primary activities...
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...SPAIN: FROM ECONOMIC CRISES TO TOURISM COMPETITIVENESS José Francisco Perles-Ribes* (corresponding autor) (jose.perles@ua.es) Ana Belén Ramón-Rodríguez* (anar@ua.es) Antonio Rubia-Serrano** (antonio.rubia@ua.es) Luis Moreno-Izquierdo* (luis.moreno@ua.es) *Department of Applied Economic Analysis, University of Alicante ** Department of Financial Economics and Accounting, University of Alicante Faculty of Economics and Business Sciences University of Alicante Campus San Vicente del Raspeig 03080 Alicante Tel: 96 590 36 09 Fax: 96 590 93 22 Corresponding author details: José Francisco Perles-Ribes (jose.perles@ua.es or jfperles@gmail.com) Particular adress: Urb. Manzanera 13-R 03710 Calpe (Alicante) Tlf: +34 635 617 159 SPAIN: FROM ECONOMIC CRISES TO TOURISM COMPETITIVENESS Abstract: This paper considers the influence of economic crises on Spain’s tourism competitiveness. This competitiveness is measured by its share in world tourism. Analysing a period of forty years, the permanent effects of temporary or structural economic crises on competitiveness are observed. Furthermore, it identifies the economic transmission mechanisms operating and links them to the most relevant explanatory models of tourism destination competitiveness. The main conclusion obtained is that the effects of shocks on competitiveness are not neutral and that the negative effects are more persistent in highly intensive crises. This effect works through two basic transmission mechanisms: the...
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...Drawing on the Resource Based View literature, evaluate whether and how Zara generates sustainable competitive advantage. A firm is said to have competitive advantage when its profits exceed the average of its industry and that of its rivals (Grant, 1991). According to Grant (1991) the RBV sees organizations as a collection of resources which when combined forms organizational capabilities. The goal of every business strategy is to achieve a sustainable competitive advantage. According to Collis and Montgomery (2008) a firm’s resources are responsible for its better performance while working in a dynamic environment which academics term as resource based view of the firm (RBV). The RBV analysis assumes that both resources and capabilities are important for better performance and explains why some firms perform better than others in an industry. Using RBV as a framework this essay aims to examine how ZARA generates sustainable competitive advantage. (Opening is good, you have been able to introduce theory that would be discussed the essay). “A fast fashion system combines quick response production capabilities with enhanced product design capabilities to both design latest products that capture the latest consumer trends and exploit minimal production lead times to match supply with uncertain demand” (Cachon and Swinney, 2011). Fast fashion is widely gaining recognition as being a key enabler for success for modern fashion retailers (Barnes and Lea-Greenwood, 2006). Fashion...
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...components: Acquisition Strategy. Expansion Processes Technology and Innovation Supply and Demand Acquisition Strategy. Expansion Processes In 1987 CEMEX acquired Cementos Anahuac and in 1989 Cementos Tolteca, its biggest domestic competitor. By 1990 CEMEX had acquired 65% market share in Mexico and was one of the ten largest companies in the world. After having secured its leader position in Mexico, CEMEX began to look for opportunities beyond Mexico border. First stage of its expansion was the export of cement and by 2000 CEMEX became the largest international cement trader in the world. In 1991 CEMEX built distribution terminals in Spain to distribute cement that was produced in Mexico and also started to study European market. In 1992 CEMEX acquired Valenciana and Samson, Spain’s two largest cement companies for $ 1.84 billion. That time Spain was one of the largest cement market in Europe because of the continuous investment in that region. In 1994 CEMEX acquired 65% of Vencemos, Venezuela largest cement manufacturer at that time for $ 550 million followed by the series-acquisitions of Cementos Nationales in 1995 (Dominican Republic), Colombia’s Cementos Diamante and Samper in 1996 (Colombia). Between 1997 and 1999 CEMEX invested in Asia – Philippines by acquiring Rizal Cement in 1997 and Apo Cement in 1999. Both Apo and Rizal were close to ports and because of that they had export as well domestic potential. In 2000 CEMEX acquired Southdown in US (Houston-based company) then...
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