...Global Operations Management Abstract The world offers significant business opportunities for every company, however, opportunities are accompanied by significant challenges for managers. Managing global operations across diverse cultures and markets represents a big challenge and opportunity for companies. To compete in the global market and be successful, companies must learn the strategies, policies, norms and technology necessary to conduct international business. The opportunities for global expansion are numerous, and attaining success is a matter of developing the right strategy to win local markets and its consumers. Global Operations Management In today’s global economy many companies have been feeling the necessity or the pressure to compete overseas with other companies not only to expand their market share but to obtain higher profits. While there are substantial opportunities in expanding globally, privately owned companies also face significant challenges in selling, purchasing, and setting up operations in foreign countries. PPQ Parts is one of the companies that have decided to expand globally over the next several years, but in order to do it managers must be properly trained in multiculturalism and diversity management. The company executives need to be aware of the many challenges and obstacles that going globally represents for the organization to be prepared when a situation arises. Global marketplace...
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...Unit 1 IP Bryanna Kroll Global Operations Management June 8, 2012 Unit 1 IP PPQ Auto Parts is striving to expand their company globally over the next few years. In order to properly and successfully expand the business, the managers of PPQ must be trained in multiculturalism and diversity management; which have large playing factors in whether or not the company will be successful abroad. The executives of PPQ Auto Parts must fully understand and be aware of any political and economic distress that could potentially affect the company’s expansion as well. When considering expanding a business abroad, especially for PPQ, individuals should look into the possible issues the host foreign country could face as a result of the expansion. There are many issues that must be addressed such as: the strategy to enter and expand, the trends within the foreign land, the different marketing approaches to reach the niche consumers, political and social climate, taxes, legal system, location, differences in culture, host country’s available workforce. As many individual know, all countries are different, slight or considerable, there are many issues that a company can face, especially within the cultural barriers and diversity issues. Cultural barriers and diversity issues are commonly encountered by international, multinational and global organizations. Culture is immensely important and should be treated as such by the PPQ representatives. Culture is the beliefs and certain...
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...Eyleen G. Rivera MGMT415: Global Operations Management IP Unit 1: PPQ Parts Company October 5, 2012 Issues that the host foreign country could face as a result of the expansion. PPQ Parts is a company in the auto parts industry. When PPQ Parts decides to expand their business to foreign countries, they will have to make many adjustments to be able to enter these different markets. It is important for the company to be aware of any environmental impact that the expansion may play regarding the host country. They could face issues related to landscaping and the use of water where the company operation is going to be located. Also, they might experience some impact on the wildlife from the incursion of new employees in the area. Also, the company unconsciously could cause conflict with the local population with the introduction of new workers and their families. Schools and communities where the company is based may also experience changes from the addition of new people into the population. Also they might experience problems related to the foreign nature of the interaction between the new staff and the current members of the community where PPQ decides to set up the shop to sell their merchandise. All of the above factors and many more need to be the first thing in the mind of the management of PPQ so when the time comes they know how to approach and solve any difficulties before they become overwhelming to the people of the host country. (Global HR News) What cultural...
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...Course MGMT415 - Global Operations Management Unit 1 - Assignment 1 By: Allison Banks Instructor: Carmen Castro July 22, 2012 Abstract: Today’s companies are doing business global and international what can the American people gain from other countries doing business in a diversified way and being successful. Companies’ today going global is good for production within any company that is trying to succeed. Companies that are here in the United States that have a problem with these companies being able to do this should learn from them every operations manger need to know how to keep their company afloat and be ready to expand when the time comes. Hire people who have knowledge about growth and expansion and willing to take the knowledge and share with other have your company mangers learn from each other and understand their role and the process of the change that is going to happen, make sure you are in regulations with every part of your company and you can not go wrong. What are some of the issues the host foreign country could face as a result of the expansion? Foreign country will face many obstacles as they try to expand their company. There are several reasons why the host foreign country will endure obstacles because they have to understand the laws of the country which they would like to expand in. The operations mangers must buy supplies and all of the company’s materials and one more thing they must be able to bib on the land that they want to build...
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...Abstract PPQ Parts wants to develop a 4 year strategic management plan for taking their business internationally and meeting certain goals. This paper will discuss the goals of the company. It will also discuss the environmental scanning of current conditions in the economy, competition, and political stability, as well as address internal resource analysis. It will discuss the long- and short-term strategic goals, and the location considerations. Environmental Scanning Introduction “The careful monitoring of an organization’s internal and external environments for detecting early signs of opportunities and threats that may influence its current and future plans” is called environmental scanning (Environmental Scanning, 2012). PPQ Parts plans to expand their company globally to Germany and Japan. The environmental scan of these two countries will include the economy, competition, and political stability of those two countries. The company has to consider factors such as managerial and financial strengths and weaknesses as well as long term and short term goals for the company. The location for the global implementation is vital and should include benefits and limitations for the expansion. The Economy Germany’s economy was beating the recession that began across the world in 2009, its unemployment rates were down and GDP was up, that was until recent trends that have predicted that the recession will catch up to them. Germany is still in better shape than its peers...
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...1. What are some of the issues the host foreign country could face as a result of the expansion? Plans to introduce an expansion into a country must address a mass amount of issues by the host country. The factors affecting a nation's rate of utilization and absorption of technologies include both external and internal ones. Internal factors are comprised of the obtainable human and physical resources, the country's infrastructure, and its growth rate and state of development the host country must provide. External factors embrace the readiness of merchants to conduct commerce in the country, and the accessibility and amount of global aid aimed at the transfer of such technologies (Sadowsky, 1996). The condition of a substantial communications infrastructure is vital. Sufficient intercontinental and domestic links may not be reliable or present; equipment and machinery may be difficult to get hold of, sustain, and renovate; electrical power also might not be dependable. Computers and interrelated peripherals necessary may be inadequate, or even absent. Communications and transportation links may be very weak and delay progress. Upgrades in the host foreign country may be needed, prior to an expansion of an MNE (Sadowsky, 1996). Skills required to set up and operate an international company will be needed. Features of the cultural environment within the host country will be important in formulating how worker skills are generated and utilized. Receptiveness to educational...
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...MGMT415 Unit 1 Assignment International Expansion Many companies today want to expand their business to the international business, which can bring cost down and profits up. Taking a business internationally means knowing the rules and regulations of the countries you are entering. There can be many issues with going global which include cultural barriers, diversity issues, multicultural issues, political issues, and economical issues. It is very important to know how important expansion is to the company and what implications will come from going global. Some of the issues that can arise in the host foreign country could face as a result of a global expansion are provisions for the occupant of good health, decent education, opportunities for promotion, decent house, employment, adequate income, and personal and national security. One benefit to the other nations is the rapidly expanding internet, which holds promise for developing nations. Its capabilities include communication and information delivery made easier and faster, and the nations gain from the revolution. However, the same benefits for developing nations are not the same in developed nations where transportation and communications are already established. These benefits serve all sectors of society such as education, government, science, health, and technology. These computers and networks are technologies that have to be absorbed and utilized in an internal and external way. The internal factors can include...
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...Global Operations Management MGMT415-1301A-06 “PPQ Parts” February 17, 2013 Abstract In this research paper will be addressing a number of concerns that will be taken places as the host foreign country undergoes expansion. Detailing what cultural difficulties and multiplicity concerns are generally stumbled upon by the MNC and worldwide companies. Will be researching diversity and how this is a significant issue in the worldwide arena. Detailing various political and economic concerns that will be encountered while world- wide growth. The business of PPQ Parts has concluded that for the business to develop worldwide over the next few years, its supervisors should be suitably educated in multiculturalism and multiplicity management. The company’s decision makers must be conscious of any opinionated and financial matters that will take place during the development. The research paper will give you insight into some of the worries for the upper management. Problems of Concerns The multitude nation of the PPQ Parts will be mass to an establishment applied to a diverse method of doing things, transpiring that the business...
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...Globalization and PPQ Parts Global Marketing Unit 1 IP Abstract Multinational companies may encounter many obstacles when attempting to operate business from foreign locations. Globalization managers and decision makers may develop strategies in order to make transition happen smoothly. This paper discusses some pros and cons that are included in the process. Introduction Companies should thoroughly research their desired location for doing business. Searching for indicators such as high economic status will increase chances of the company doing well in that location (AIU Media). Inasmuch the customs and laws of the country should be integrated into all projects of success. Some of the issues the host foreign country could face as a result of the expansion are mist trust from its colleagues within their country, outcry from native business owners and problems with governance ,as it relates to being receptive of the origin of concepts and or/operations that are to be introduced to their country.. Some FDI also believe that their original business sites will loose capital as a result, of venturing to another country (Lipsey). Inasmuch companies who wish to expand must be concerned with and resolve all of the matters which counteract production and globalization of markets as those are the main concerns (AIU Media) Host countries also generally pay higher wages to foreign companies in contrast to those at their home location. At times this...
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...AIU | MGMT415-1005A-04 | Global Operations Management | | Julie McCool | 11/14/2010 | | Running Title: PPQ PARTS Some of the issues that the host foreign country could face as a result of the expansion are the lively hood and job of the younger generation entering the labor force each year. Common concern such as cost, price and advertising in the different foreign countries in which the firm elect to market according to the consumers cost of living. Educating the right foreign country to market the goods and services for activities through their country would be a high output for their country and a high import. We live in historic and conflictual times. On the one hand, the recent global economic crisis that swiftly spread throughout the world has highlighted the risks and challenges of globalization and has emboldened its critics in a powerful way. Cultural barriers and diversity issues are commonly encountered by international and global organization for the laws, agreements, and code where the most cheapest and convent for their interest. Laws that are formed to have child labors laws for a reason that the children will not be taken advantage of and would be able to get an education for the foremost. The agreement are made by the countries for the reason of the input and output would not be taking advantage of in many was more than one. Codes are to be made knowledgeable of what resources that are too used and if there is a profit to be made by the...
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...Global Operations Management Individual Project 3 Kathy Farris AMERICAN INTERCONTINENTAL UNIVERSITY ABSTRACT Six software packages will be reviewed. Two each for materials requirement planning (MRP), capacity requirements planning (CRP) and enterprise resource planning (ERP). Each were evaluated for cost, functionality and end user support to name a few. This paper will show which software packages will best fit the needs for PPQ manufacturing after areas of consideration have been reviewed and compared. In order to stay competitive with in their manufacturing area, it is vital for a company to have a quality systemization in place to help track and control operations. It today’s technology driven world there are many options available to help company’s be more effective without having to hire a completely new department. PPQ manufacturing has decided to invest in the latest software technology to help in their materials requirement planning (MRP), capacity requirement planning (CRP), and with their enterprise resource planning (ERP). Following is an analysis of six software packages, two for each of the respective areas. Each software package has been reviewed for both advantages and disadvantages, as well as, cost, current system compatibility, work flow processes, functionality, ease of use and end user support. Each of these elements has been taken into consideration in order to determine which software package would be most suitable for PPQ’s needs...
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...Issues in PPQ Part’s Expansion Plan Student’s Name Course No Course Name University Name Instructor’s Name Date Host Foreign Country’s Concern in Expansion Plan Foreign nations faces various obstacles in adoption of new business ranging from infrastructural issues of technological advancement, network problem, lack of skilled resources, etc; investment issues in inter-organization communication, network establishment, etc; security and privacy issues of customer information in transaction; government regulations for legal protection of consumer rights; logistics issues of distribution; lack of physical and social interaction in virtual environment for purchase; and returning policy of traders (OECD, 2004). Although infrastructure and deregulation governs the success of commerce, transactional trust is mandatory for encouraging the participants to pursue the shopping from foreign firms (Oxley & Yeung, 2001). Socio-cultural characteristics of these countries also raises concern of institutional trust in the new business as substitute for social milieu lacking in personal touch or localization of product (Efendioglu, Yip, & Murray, 2004). Temporal and spatial separation requires radical shift in consumer pattern to create trust between parties involved in transaction occurring in trading based on agreed contract. Delivery of products to the increasing number of customers in new system brings challenges for seller to keep the promises of order fulfillment...
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...PPQ Parts MGMT 415 AIU Unit 3 Assignment Abstract This paper will discuss as outlined purpose for different software packages with extensive research included. These package details will include the pros and cons to provide the appropriate software for the appropriate company. PPQ Parts Within any business there are tasks to be done and in order to perform these tasks; there is specific software that is needed. There are many software packages and research must be done in order to find the correct software for the company to do particular tasks. A single software may not be right for all business. It is important to know the task at hand and how to get it done, then the decision to choose the best software can be made. A very important operating software system called the Material Requirements Planning (MRP) is a structure that controls the processes of fabrication planning and inventory. This is a system that uses the Master Production Schedule (MPS) to regulate the material requirements and uses a practice of inventory, expected receipts, and bill of materials. There are many benefits of using an MRP system within a business, but there are four main benefits. The four main benefits are better reactions on customer orders, faster reactions on market changes, increase operation of facilities and industry, and decrease in inventory stages (Heizer & Render, 2012). A technique that many businesses practice to govern the obtainable production capacity is the Capacity...
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...Global Operations Management IP1 By: Sara Waterloo May 5, 2012 As any corporation grows and makes the decision to expand globally there are several areas within the management team that needs preparation. Most concerning is the training in multiculturalism and diversity also to include political and economic concerns that may arise during the expansion. Training in these areas will be vital to the life span of a global expansion. Often when one looks at the comparison of cultures many overlook important key facts. While understanding the culture is a great step it is not nearly enough in the terms of a successful global expansion. When an organization opens their doors in a foreign country the parent company must make changes (Sweeney, Eamonn P. and Hardaker, Glenn. 1995). It is not to say that they entire structure must change but you have to incorporate the culture around you. What works in the parent country will most defiantly not work in the host country. As a foreign country begins to feel the effects of a global company expansion there are several areas in which they must prepare themselves. It will be important for the country to be able to support the needs of this expansion in terms of technology, employees and the big question will the host country be able to handle the new flow of product or service through their economic state (Sweeney, Eamonn P. and Hardaker, Glenn. 1995).. With in international / multinational and global organizations there will always...
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...Multiculturalism and Diversity Management Shaketia Robinson July 20, 2012 Global Operation- IP1 Professor Castro In order for PPQ Parts to expand globally, multiculturalism and diversity management training is a necessity. Although there is vast opportunity in doing business abroad, it is important to understand all the pros and cons of these ventures. Many times businesses tend to focus on all the advantages of expansion, and tend to overlook that there are some issues that may arise as a result of the expansion. For example, the host country could face some issues due to the expansion. One article states: “some authorities in international marketing believe that unconscious references to a firm's domestic cultural values contribute to most international business problems” (Snavely, 2012). This stems from businesses not taking the time to truly learn the host country’s way of living; including the culture, language, religions, and general beliefs. It is vital that all strategies related to the business are tailored to all the host countries’ cultural factors. Some cultural barriers and diversity issues that are commonly encountered by international/multinational (MNC) and global organizations include: cross-cultural issues, language, corruption and bribery, and legal requirements. (Moore, 2012) Every culture has their own way of doing business that may be awkward to those that are use to their own traditions. Mannerisms and gestures may differ completely, whereas...
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