Free Essay About Abbott Lunchable Project Employees

- Local high-income employees
- Local low-income employees
- Abbott employees
- Combination plan
The local low-income employees are the best suited for an Indian market. The unemployment rates in India are two high. The major benefits are that the local low-income category of employees does to demand a lot of money as wages. Therefore, the overall management of the firm shall be minimal. It is imperative that such a move would lead to higher profits of the firm. However, the local low-income employees may not understand properly the technology required in the production. That requires an additional training that is aimed at making them understand the technology. There is a catch in that once the people are trained they may demand for higher wages due to their advanced skills.
Local high-income employees may have the knowledge to handle the production. However, the cost of running the firm would be too high. In addition, they do not form the largest market in India and hence may not help very much on word of mouth marketing. Abbott employees are by far too expensive and may not understand the local languages, policies, faith, etc. of the people. Therefore, although they understand the technology, they may not be able to market the product properly in India. They shall also deny the local a chance to get the much needed employment. The combination plan can also be used. However, it may not be sustainable due to logistics and possible high cost of running. However, it can be the best in terms of ensuring diversity, competence and benefits associated with diversity. Diversity is a positive values for multinational firms.
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