...Melissa, you article is very good and thought provoking, living here in New Mexico the majority of my life I can remember the days of many jobs leaving the US and going to Mexico because of lower wages. The one that stands out the most was when Levi Straus Plant in Roswell, NM move to Mexico and laid off about 567 employees. (LA Times 1997) To run a business you have to look at every possible cost saving, and labor is always am area scrutinized, but the fact that we live in a world that someone in Foreign country can do the same job here in the US at a lower wage is not right. This is where politics and corporate business get involved and lobby to keep wages lower in foreign countries so their companies can make a profit. There have been some...
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...What does the message send to Americans and illegals by building a wall between the U.S.- Mexico border? Immigrants and their families came to the United States for a better life now are afraid to get caught by ICE and get deported back to their former country. While the president wants to build this wall, and keep U.S. citizens in and undocumented immigrants out. The idea of this wall shows how a nation would be divided by who wants to build the wall and why, the advantages and disadvantages. The person who wants to build this border wall is Donald Trump, the 45th president of the United States. Trump wants to get rid of all the illegal aliens and has said to “Make America Great Again” his plan is to build a wall and to keep undocumented citizens...
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...There is an argument going around talking about if there should be a wall built separating Mexico and the United States. I don’t think that there should be a wall to separate us but I do believe that maybe the border should be monitored and patrolled in order to stop contraband and terrorist. I don’t believe that a wall would do any good I think it would start a civil war that would eventually begin a World War. The border control helps keep our country safer than any wall would. They have been protecting us since 1924 and I think they are doing a pretty good job. If there was a wall built many families would be separated. People would also lose their jobs such as most of the border patrol. The main person that would benefit from building the wall would be Donald Trump. His dad gave him 1 million dollars to start his construction company. If Trump insists on building this wall, then he will be dividing America just like the Soviet Union had divided their country. President Reagan gave a speech “Tear Down This Wall” in the Soviet Union, And he said “Mr. Gorbuchav tear down this wall, seek peace and open the gate”. Trump wants to build the wall because he says “ that Mexicans are drug dealers, rapists, thieves, and...
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...its success or failure can affect the company’s reputation and ability to bid for future projects. It is closely observed by internal and external parties. In additional, the relationship with Microsoft is particularly important to Flextronics. - Pros and Cons of the choices: there is no single alternative that can solve all the problems. - Overstated infrastructure: during the bid process, Flextronics made Microsoft thought that a single system had existed in both facilities and raised it expectations very high while in fact the system was not already in place. 2. The criteria that McCusker should consider in his decisions: - Client’s satisfaction: This includes three sub-criteria: meet Microsoft’s tracking system requirements, deliver products on time and ensure product quality. - Employees’ satisfaction: Regardless which decision he make, McCusker have to ensure that employees at both factories are convinced with his decision and coordinate well with each other. - Cost-saving: The purpose of implementing the process at two different factories in two countries is to save cost (such as cost of shipping). 3. Analysis of alternatives and the consequences of pursuing them Choice 1: Datasweep in Mexico and Hungary - Pros: This choice will meet Microsoft’s expectation of a single system to track production processes. It will eliminate Microsoft’s doubts about the new system because Datasweep has been approved by Microsoft. Moreover, the system...
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...Overview What responsibilities do businesses have? Who takes priority when decisions are made? Are shareholders the most important to consider, or is it the customer? Should a company simply meet the required regulations, or attempt to go above-and-beyond the requirements? All of the questions involve corporate social responsibility. Corporate Social Responsibility can be defined as “the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large” (World Business Council for Sustainable Development). Cash is King Many organizations and individuals feel that businesses simply have the responsibility to make profits (Friedman, 1970). These companies or individuals place emphasis on satisfying the desires of its shareholders, primarily through high profits. Generally, these companies will spend only enough money on social responsibilities to comply with regulations. The money spent going above the required amount is considered to be spending someone else’s money. “Insofar as his actions in accord with his "social responsibility" reduce returns to stockholders, he is spending their money. Insofar as his actions raise the price to customers, he is spending the customers' money” (Friedman, 1970). They feel that employees can individually donate their time or money to contribute to society. CSR is Overrated Ultimately...
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...Polaris Case Rui’s qualitative analysis External Factors Opportunities 1. Moving manufacture to China or Mexico would reduce cost and increase profitability 2. Increasing sales in International market 3. Easy to find well trained trades people in LCCs (China and Mexico) 4. Joint venture or acquisitions in LCCs for market growth would help Polaris get in. 5. Major demand for Side-by-Sides are from southern US (California and Texas) Threats 1. Economics slowdown in US negatively impact the sales and the trend may continue in the upcoming years. 2. Increasing oil price may add to cost (production closer to customer would be ideal). 3. Macroeconomics perspective: inflation in Mexico and China might not be advantage. 4. Lack of talent in America or trades students don't like their manufacturing place. 5. Laying off 60 trained domestic employees with financial loss of 1.2 million and damage to the brand and may damage brand image. Internal Factors Strength 1. Experienced and well respected in the industry 2. Strong sales and brand name 3. Ability to extend product lines given parts and accessories market grew significantly and introduction of “Victory” 4. Established warehouse and distribution facilities in Minnesota, South Dakota, and Winnipeg 5. Proactive approach from management. Looking for ways to improve and save cost Weakness 1. 80% sales from US while the economy is sinking. Not enough exposure...
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...Pros Cons The most-direct economic benefits from international trade arise from the fact that countries are not all the same in their production capabilities. A business can take advantage of these differences in production capabilities Eg.Bananas & USA Japan – Beef On the other hand, it can mean more competition and less profits for the goods or services that a company sells. Imports Pros Cons Reduced prices Reduce demand for in-country products Less sales & profits Less jobs Another issue is the need for transportation. It cost money to transports goods and the price of transport can be unstable More choices Exports Pros Cons Excess prod can be used in the country This week – international laws that apply to trading Govt create trading policies that ensure greatest benefits for ppl & businesses of their countries How they do this? _ by creating rules/trade barriers for importing products Trade barriers are government-induced restrictions on international trade . it slows/prevents trade with another country Quotas - is a limit or control on the quantity/amount of products that can be imported (produced abroad and sold domestically) Tariff - A tariff is a tax on imports or exports (an international trade tariff) Subsidy is an assistance to a business or economic sector for producers Govt Action → Prod cost↓ = price of goods↓ Eg. subsidies to encourage the sale of exports; subsidies on some foods to keep down the cost of living, especially in...
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...Amazon c. Mexico City 4. Small pox, tobacco and the potato are all examples of the Columbian Exchange. True or False True 5. ____c. El Nino____________ are periodic climate-altering changes, especially in the Pacific Ocean, now understood to operate on a global scale. ? a. hurricanes b. El Pinto c. El Nino 6-7. (2 points) Define the term structural adjustment policies (SAPs) _________________________________________________________________________ SAPs are policies that the World Bank and International Monetary Fund required from governments to receive loans. The policies were started to help countries become economically self-sufficient. This was to help ensure that that the loans would get repaid. SAPs encouraged governments to reduce spending on government programs, minimize the number of civil servants and by lowering taxes on already established private industries. _________________________________________________________________________ 8. The Incan Empire was principally in northern Mexico. True or False False 9-10. (2 points) Describe the pros and cons of NAFTA. NAFTA is a free trade agreement made between the United States, Canada and Mexico. This agreement would remove most barriers to free trade and investment by eliminating tariffs, establish clear trade rules, to improve working conditions and to develop and expand world trade. The pros are trade increases, consumer prices are lower and relations to these countries are stronger. The cons are displaced...
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...Eldora Case Study 1) Q: What strategic objectives should this venture serve? A: Eldora Company’s main strategic objective should be to gain access into the Asian market, due to the market for the same kind of bikes over there is doubling annually, while the market in the United States has remained stagnant. Eldora should also attempt to maintain their strength that they have locally, due to them being the top mountain bike manufacturer in the United States. They should also take advantage of the lower labor and distribution costs in Asia by setting up facilities in that part of the world as well. 2) Q: Given the strategic objectives, what functions of the company might be relocated in this effort as well? A: The Eldora Company should place a manufacturing plant in Asia, due to the lower labor and production costs. In the same area, they should place their marketing department for the Asian market. It is important to move a marketing division over to the Asian market, due to American marketing strategies not necessarily working in Asia. Having a local plant would also help reduce the market risks, especially the trade barriers and exchange rates. This would also help the company interact with its emerging market. The Eldora Company should still keep their product development function in America, in order to maintain their signature high quality light frames. By keeping this function in America, the company can also continue perfecting skills in reverse engineering. ...
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...steps in my decision making process. The decision making process will be compared to the process obtained in class text. By using the steps in the text my outcome could have a different conclusion. I was having trouble find employment while as residing in New Mexico after a huge layoff from work. After months of searching for full time employment, I starting contemplating a decision to move my family to Spring Illinois. The choice to move was a huge decision to make. My wife would have to leave her state job along with my kids having to start a new school. So I made a list of pros and cons of making the move. I then began making a budget to see if the move was feasible financially. The pros outweigh the cons and I begin putting my decision into motion. After a few months of planning my move was complete. My decision making process was similar to what the text offered. In the text the first step is to identify the problem (Bateman, Snell, 2011). I did this by noticing that employment in new Mexico was not available The next step is generating alternatives (Bateman, Snell, 2011). I did this by deciding to move to Springfield Illinois. The third step was to evaluate the alternative, I did this by writing out the pros and cons of my decision I then followed the fourth step in making my choice, by deciding to move. The fifth steps includes implementation (Bateman, Snell, 2011). I then implemented the decision by moving. The last step is to evaluate the decision made. I have yet done...
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...CISM 4136 A- Global Information Resource Management Case Questions Carol V. Brown, D.W. DeHayes, J.A. Hoffer, W.E. Martin,&. W.C. Perkins, Managing Information Technology, Seventh Edition, 2012, Prentice Hall. Case Study 1 - Midsouth Chamber of Commerce (A): The Role of the Operating Manager in Information Systems 1. Identify the key players in the case and describe their respective roles. Are these the right roles? What roles in particular should be modified? How might such role modifications be accomplished? 2. Focus on the role of the software vendor- Unitrak Software Corporation. Was it an appropriate role? Did Unitrak act responsibly? 3. How much is Kovecki to blame for this situation? 4. One of the recurring themes of this book is the importance of information systems politics. To what extent does IS politics explain the situation that has developed at the Midsouth Chamber of Commerce? 5. The case involves what appears to be a fairly routine use of information technology to support a service organization. Yet the Midsouth Chamber of Commerce encountered major problems in bringing up its new system. Is there a lesson here for organizations seeking to adopt new information technology? What is it? 6. What should Lassiter do now? Case Study 11-1- Vendor-Managed Inventory at NIBCO 1. What was the catalyst for NIBCO to develop a VMI program, and why was it able to respond? 2. Describe what types of transactions are involved in NIBCO's VMI program...
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...Chapter Three The World Marketplace: Business without Borders Review Questions 1. What countries represent the largest global business opportunities for the next decade? What factors determine the size of the opportunity? China, India and Brazil are some of the largest growing global businesses. These comes from many different factors; GDP growth and population are two major causes. China has the largest populations in the world along with the fastest growing GDP percentages. Brazil’s population is not as large but does has a high GDP percentage, and also a high Dollar Pre Capital GDP. 2. Why do companies tend to thrive in global markets when their country of origin enjoys a comparative advantage in their industry? When their country of origin has naturally cheap raw materials or if their currency has been undervalued, they are naturally cheaper than their competitors from other countries. This gives them better margins and they thrive. 3. Explain how to calculate the balance of trade. How does the growing United States trade deficit impact the economy? Why? The money being spent to buy things from other countries is much larger than the amount of money where other countries are buying from the U.S. The deficit means we are buying more than we sell. To make up for the difference people and governments from other countries buy U.S. investments assets. 4. Explain the meaning of “strong”...
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...changes based on the lower cost because now bulk productions are allowed. Consequently, the increased competition promotes greater efficiency within firms. (Curley, 2014) With some Trade blocs free trade is allowed within each country’s markets thereby encouraging each country to specialize in certain markets. (Economic Online, Unknown) In addition, jobs may be created because of the increased trade between members. (Economic Online, Unknown) And a final benefit is that firms inside the bloc are protected from cheaper imports from outside the blocs, such as the European Union show industry is protected from cheaper imports from China and Vietnam. (Economic Online, Unknown) On January 1, 1994, United States (US), Canada and Mexico entered into the North American Free Trade Agreement (NAFTA). (USTR, Unknown) One of the primary benefits is a decrease in tariffs. All three companies experienced wage increases and increased trade amongst the countries. (Fontinelle, 2012) Trade of goods and services between the U.S., Canada and...
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...previa Raul Rivera – America Latina condenada al éxito AL no es tan fea: tiene muchas ventajas. Latinoamericanos tienen un punto de visto sobre su región bastante pesimista. Es un error. Las barreras son dentro de sus cabezas. AL es una región de clase media, pobreza es en África y Asia. * Ejemplo de Chile que se ha abierto al comercio con reformas * Los países aprendieron que reducir el déficit era importante para reducir la inflación Una cuestión primordial es la del papel de México: asumir su papel y asociarse con el sur del continente o dar este papal al Brasil. En los 60s, México estaba solo, porque era la década perdida de AL. México ha elegido asociarse con los EEUU, pero hoy es EEUU-dependiente. Es grave dar la espalda a EEUU y al Tratado De Libre Comercio De America Del Norte, pero es aun mas grave no asociarse con los que compartan tu cultura. Si no lo hace, Brasil tendrá que hacerlo. México es visto como un país indeciso: soña de una mexamerica donde es México y EEUU son solos. Con 100m de personas, México no puede ser un país vasallo de otro. Debe aprovechar de la remisas de los mexicanos en EEUU + asociase con este modelo de desarrollo y de libre empresa de Chile, Columbia y Perú. Necesidad de instituciones para la defensa y abordar el narcotráfico, que es un problema regional + oponerse a EEUU juntos + desarrollar la educación entre las empresas, el estado y las universidades. Crear una región de innovación: hay que proteger la propiedad intelectual...
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...llegara a $100 millones por primera vez. La compañía es líder en los productos relacionados con la bromina aun siendo líder la compañía tiene fabricas pequeñas, pero con los nuevos planes de expansión se necesita la construcción de una nueva fabrica y la introducción de nueva tecnología, la empresa debate dos caminos a seguir: construir la fabrica en México o modificar una fabrica existente en Tennessee. Veamos los pros y contras, empecemos con la planta en México, esta se estima tenga un costo de $30 millones de dólares lo que se seria 30% o 20% más barato que en EUA, los salarios en México son más baratos en proporción 8 a 1; en cuanto a las contras, México todavía tiene muchas restricciones hacia la inversión extranjera aunque con el nuevo tratado de libre comercio (NAFTA) se espera estas mejoren de hecho se bajaran las restricciones de inversión privada en 14 de 19 de los productos primarios químicos y 66 de los productos químicos secundarios. En cuanto a números se esperan ventas de $48.6 millones de dólares que crecerían 10% por año y se espera que el profit sea de un 6%, el equipo costara 6 millones, el costo de venta será de 65% de ventas, los gastos son de $11 millones creciendo 5% anualmente, con impuestos del 23% y Capital de trabajo de $100,000 aumentando en 25% con depreciaciones de 31.5 años para el edificio y 7 años para el equipo. En la planta de Crayco se haría una modificación con costo de $15 millones (menor a los $30 de Monterrey), la construcción y por ende las...
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