Essays on Beamish

Introduction

In the contemporary era, there is a need to adopt a mechanism in which one can serve better in the business setting in different cultures. Today’s global business society is composed the various cultures in which people face the various business environments. The manner of doing business in each of the nation affects the manner of doing business (Aslani, Brett, Ramirez-Marin, Tinsley, & Weingart, 2011). Culture is important in business, and it has an impact on the strategic direction of the business; it can also have different effects on the management of the internal structure of the organization as ...

Recommendations

In regards to the recalls as conducted by the Mattel Inc. in 2007, significant recommendations are necessary not only to once again boost the sales of the company but also for the reaffirmation of the good rapport that had initially been created between the firm and its clients both locally and abroad. The recommendations have been particularly chosen based on the mood and depreciating confidence of the United States consumers in regards to the Chinese goods. (Bapuji & Beamish, 2008, p. 3) The recommendations encompass:

Revaluation of the location of the production facility and the diversification of the manufacturers, as well as, the supplies.

Rebuilding and strengthening the brand image of Mattel. Researching and planning to conduct investments in ...

Part 1

With the rise of globalization, many firms have ventured into internationalization because of the wide playing field and the quest for bigger profit. There are many challenges to international expansion and firms have experienced advantages and disadvantages in their entry to new markets. Research has shown that international expansion influences organizational performance through economies of scale, exploitation of local endowments, knowledge sharing, and other mechanisms. However, there were studies that concluded a positive relationship between international expansion and corporate performance (Delios & Beamish; Goerzen & Beamish as cited in Jiang, 2010). Moreover, a few research focused on the effect of corporate ...

Business Strategy

Strategic Alliances: A Critical Analysis of Successful Alliances toward Knowledge Creation and Management Introduction Going beyond the current trends in the business literature on strategic alliances, this paper explores ways strategic alliances are helping organizational firms gain competitive edge, more particularly through opening the access to markets and eventually in the creation of knowledge. This is followed by analysis of issues surrounding strategic alliances, current business examples and challenges faced by organizations that form alliances. Finally, we conclude with a brief take on the future of strategic partnership and knowledge creation research.

The Meaning of Strategic Alliance

Since becoming a trend three decades ago, ...

The complex healthcare system has faced a range of challenges over the past. In this regard, the most affected group of healthcare providers in the industry are nurses. According to the Institute of Medicine (2010), nurses represent the biggest segment of providers in the healthcare industry, totaling to more than 3 million practicing nurses. In this regard, the complexities and barriers existing in the system hinder the effective performance of nurses in healthcare delivery to the population. In an effort to improve the quality of healthcare, the government, through the 2010 Affordable Care Act, aimed to introduce drastic changes, ...

Business Strategy

Strategic Alliances: A Critical Analysis of Successful Alliances toward Knowledge Creation and Management Introduction In today’s business landscape, creating sustainable value for customers and shareholders requires the initiation of an alliance strategy. Strategic alliances are alternative modes of global business operations that small to large enterprises are considering in order to achieve stronger and more effective market presence. Moreover, alliances are a fact of life for business, which needs to align present and future strategy to current radical technological and structural changes, globalization, and increased competitive pressures (Janczak, 2008). Meanwhile, the issues of trust, partner selection, and the ...

Executive Summary

In the year 2008, Boffi was considered to be among foremost companies of Italy in the production of the high-class kitchens with a combined turnover of around seventy-one million euros. Boffi Spa won the award in kitchen sector named "Compassod'Oro", which was a significant design award given by “Italian Industrial Design Association” to the companies and the products that eminent themselves for design philosophy and hard work. At the very beginning, Boffi was just a gigantic dream that emerged from a small laboratory; after seventy years of its foundation, product lines of Boffi were dispensed in more than sixty ...

Following the guidelines of the course ID guidelinesStudent’s NameUniversity

Modern business organizations have identified the real value of workforce diversity in order to enhance the overall organizational performance. In strategic management, managers of the business organizations have utilized workforce diversity to promote significant changes within the workforce culture. By realizing the presence different people coming from a different culture, age group, religion, linguistic culture, race and diverse background, organizational managers need to implement significant strategies to maintain a swift-working environment for every employee. By promoting efficient and suitable training programs that lead to the essence of workforce diversity, management of an organization can control some of the major ...

Introduction

It is indeed important for any business entity to engage in the global market so as to strengthen its production capacity and also improve its efficiency. However, the decision to go international should be motivated by an organizations vision, mission and objectives (Martin, 2012). Various factors such as culture, business growth, production costs, profit-making opportunities, competitive advantage, availability of labor and resources should first be taken into account (Beamish, 2003). The paper will focus on SterMexicana an American-Mexican joint venture that was established in Guadalajara, Mexico. Sterling Metal’s primary objective for investing in Mexico was the desire to ...

Introduction

Strategic formulation is defined from the context of organizational goal derivative, examined success and framework development needed to provide anticipated results as per given plans. This involves utilizing significant communication strategies, examining the required provisions that would be purposefully utilized in order to strategically develop a model within which the changing environment will need in view of resource, budgetary and organizational development. A critical assessment of key aspects of strategic formulation and implementation is captured within the pretext of Zara’s success by identifying strategic direction and developing the applicable metric which would evidently ignite its development process. Direction ...

Advantages and Disadvantage for Business of Entering into Strategic Alliance

In the current environment, generating sustainable value for clients and shareholders entails creating effective strategic alliances. Strategic alliances are vital building blocks for businesses to attain strong and successful market presence. Strategic alliances are nowadays a reality of life for business, an essential piece of present operations as well as future plan. However, there is always a negative side of everything and joining strategic alliances can also have its disadvantages. There are so many advantages and disadvantages of having a business join a strategic alliance (Monk, Mather, & Hackett, 1992). One of the examples of a successful business that joined a strategic alliance is the Momek ...

Challenges of Globalization upon Disneyland

The dynamics that define the constantly evolving global business space generate the challenge of remaining innovative and relevant for clients throughout the world, by juggling the genuine “real thing” of well-known brands with their cultural adaptation to local markets. Disneyland is at the crossroad between permanently reinventing itself by proposing new experiences for its diverse clients while focusing on providing the American original Disneyland experience through all its overseas locations. In this context, one major challenge that the company is likely to confront with in the future is based on the standardization/adaptation dilemma, as it will need to predict ...

Industry Analysis

Ethics is a delicate social aspect that managers encounter numerous challenges while trying to implement them at the workplace. Ethical standards are effective if the management endorses a subjective maximizer decision making approach that emphasizes on recognizing other parties’ opinions and social-cultural diversity. Some of the major ethical standards that retail companies are required to obey are quality products and services, employees’ social welfare, and corporate social responsibility. Mattel manufacturing company faced uproar when it recalled defective toys from customers and suppliers. Recall of toys was a precautionary ethical measure where companies are obliged to ensure that products are of high ...

Introduction

The city of Vancouver is one of the single most strategic locations in British Columbia in Canada. In fact, Vancouver can easily be said to be a melting pot based on the fact that the population in the city is by far diversified to a greater extent. The population census of 2011 revealed that close to 51% of the population spoke a first language other than Canadian English. The concept of division of labor is an intrinsic subject in any given work environment. The Silver Wheaton Corporation is one of the biggest mining companies in Vancouver (Silver Wheaton Corporation, 2014). The corporation ...

Operational plan

Charlie´s mini cab transport and accommodation is the small business, located in London with well-defined market segment, being South Asian students and tourists. Already established on the market as the transportation provider the objective of the company on strategic level is to enter accommodation market will focus on the partnership with embassies and student agents. From operational perspective the above mentioned goals will be achieved through 3 critical initiatives on activity levels (Hubbard and Beamish, 2011, p.77-95): - Settlement of the contracts with third-party accommodation providers. - Cross-selling initiative and KPI setting. - Acquisition ...

EXECUTIVE SUMMARY

With constant changes in the environment, organizations are forced to expand their market. In order to do so, organizations have relied upon the use of entry strategy. Nokia is one of the organizations that have focused on using only joint venture as an entry strategy. Using joint venture does have many benefits and advantages associated with it but the limitations and challenges are far more advanced. Due to such reasons, only focusing on joint ventures could enhance the risks for the organizations in the market.

INTRODUCTION

Joint venture is one of the most prominent market-entry strategy that both national and ...