Essays on Standardization

The first article chosen is by Hamilton & Shergill (1992) and describes a longitudinal study of corporations with a non-financial business set up that are listed on the New Zealand stock exchange. The premise of the article is that there exists a fit in regards to business strategy and also in organizational structure that is vital and determines performance. The article examines corporations in New Zealand, where major companies are less diversified and smaller in size. It further offers an empirical test of the generality of the ideology of strategy structure fit and corresponding performance. I chose the article because ...

Introduction

Information technology involves a technique for the manipulation, assessment as well as the processing of data. Information technology involves the application of computer and telecommunication systems. Information in the current context means electronic data. There was an evolution in the information technology industry for quite a long period, with innovations taking place time after time. The information technology encompassed transistors and integrated circuits. The application of computer systems or servers in business in the contemporary era is rampant (Jones D, 2017). The servers interact with the client users as well as other servers that exist across business networks. The ...

Information and Communication Teachnology

ABSTRACT As telemedicine is used throughout the rural parts of Africa, there are many professionals and patients who find the entire process very beneficial because there is an allowance for a decrease in transmission of highly contagious diseases such as MRSA (Methicillin-resistant Staphylococcus aureus). If there are clinics that are found in locations surrounding rural Africa, there are strong concerns that patients will be able to transmit their diseases to other people who are otherwise healthy. With the use of telemedicine, the patients and the health care providers can see each other through a confined space and there is ...

After Giving Birth

NR451 RN Capstone Course Term and Year After Giving Birth Even though postpartum hemorrhage (PPH) is the leading cause of mortality after giving birth, most health care facilities do not have a standardized measures to assess blood volume loss and rely only on visual estimations for assessing and documenting blood loss. Consequently, blood loss below 250 mL tends to be overestimated, whereas blood loss above 2,000 mL tends to be underestimated (Bamberg et al., 2015). Inaccurate diagnosis of PPH delays treatment and increases mortality risk among intrapartum and postpartum women, so the purpose of the proposed nursing plan ...

1. Introduction Cutting cost has become a priority for many oil companies in recent years. The discussion covers the reason why oil companies are cutting cost and the means that management in oil companies are employing to cut cost. 2. Why oil companies are cutting cost? Oil companies are cutting cost in response to the radical drop in oil prices in the last two years. From 2011 to 2013, the price of crude oil was above $100 per barrel. In 2014, prices dropped to below $100 per barrel but above $90 per barrel. By 2015, crude oil price fell ...

There has been increasing awareness of the role of waste in the production of greenhouse gas emissions and its impacts on climate change. Diminishing natural resources has led to the recognition that what is discarded as waste has the potential to be reused as resources. Governmental legislation on prohibiting toxic materials and prevention and control of the volume of waste has helped in decreasing adverse environmental effects. There is a growing public awareness about waste prevention and its beneficial effects. The society has to replace the linear model of extract-produce-consume-dispose to closed Loop's approach of resource recovery and waste ...

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Post-Bureaucratic Practices in Leadership

Introduction Leadership is always found at the pole position in the success of any organizational or business model and the research that took place during the 20th century was explicitly focused on investigating the role and vitality of leading and managing individuals in organizational structures emerged during bureaucratic and post-bureaucratic eras (Dischner, 2015, p. 501). The turning millennium also brought with it a significant shift and change in nature, environment and settings of the workplace that is now taken as perpetually changing, self-motivating, and dynamic avenues; where management and leadership approaches ...

For the purposes of this term paper it was decided to analyze factors affecting marketing strategy of the European brand "Fairy Dragons" that manufactures souvenirs and toys. The fabulous legend about dragon's family that has magical powers and help people was formulated for the promotion of the brand. The brand name clearly relates to the main heroes of that legend - thereby the brand's mission is much broader than the mission of usual souvenir manufacturers. "Fairy Dragons" has taken on additional psychological meaning for the consumer. The brand is presented in retail places near European must sees visited by ...

Overview: Overview: Antigen-antibody reactions are commonly used in immunological assays. In a traditional agglutination assay, the end product is a visible antibody-antigen complex that settles as visible particulate matter in the solution. In other cases, the reaction is invisible and wants the use of a specific enzyme or isotopic probes that can amplify the signal created by the antigen-antibody reaction, so that they can be detected with the naked eye or an ELISA/RIA reader1. Hemagglutination is a visible antigen -antibody assay in which soluble antibodies react with antigen on the surface of (red blood cell) RBC to form a ...

Health care standards have been evolving over time. A plethora of processes and forces take part in igniting the developments. These changes could be ad hoc, systematic or even consensual. At the bottom lurks a well-established organizational structure whose object is to review the performance of the standards and propose advancement where circumstances so require. However, certain areas lag, occasioning serious inefficiencies to the system. Often, the legal framework is a serious undoing and affects the realization of these standards. Besides, diverse standards contain varying recommendations, and this tends to atrophy the efforts therewith. Perhaps a biggest of all ...

Introduction.

In the automotive industry, today, electronic systems and mainly semiconductor technologies have really helped improve vehicle performance and harness numerous capabilities that were not present years ago. Key among these technologies are microcontroller chips which are involved in a wide array of functionalities ranging from braking, engine control, air bags, chassis control, entertainment, lighting and even infotainment among other functions that are now part of modern “smart cars”. In modern microcontroller chips, new functionalities can be implemented using software by leveraging the improved performance and memory features seen in modern designs. On the other hand, technology standardization and the ...

Analysis of Fogo de Chao Service Marketing

Abstract Contemporary challenges in the business environment are determined by globalization and the increasing complexity of the operations of organizations, which grow outside their national cultures. The effectiveness of marketing strategies for these organizations given high diversity and specificity of business in each of the countries is one of the important discussions in academic context. Service marketing is significantly different from a product for several reasons. To look at the challenges specific to service industry in a context of the international operation, this document analyzes the strategy of Fogo de Chao, Brazilian multinational company, operating steakhouse restaurants in the ...

Importance of Nursing Informatics in Healthcare

Introduction One of the key factors for effective decision-making for nurses and other healthcare practitioners is information. It is also integral to the quality improvement of the practice of nursing. In most of the activities of nurses such as from assessing the health care needs of patients up to the developing of health care plans, information acquisition and evaluation is required. Information is also involved in the communication patients regarding the information to and from the other health care practitioners (Canadian Nurses Association np). Lastly, information is also involved in the analysis of the staff’s work as well ...

Introduction

The aim of every business is to make as much profit as possible, by selling their goods and services to the consumers in the most efficient ways (Friedman, 2007). At times, it is not possible for the producers to sell their goods and services to the consumers, thereby requiring an intermediary that will make it possible for the producer to reach the consumers. These intermediaries are called marketing channels, and they help in the transfer of the ownership of goods, from their point of production to their point of consumption. In other words, marketing channels make it possible for ...

Inventory management anchors the link between organizations and their primary stakeholders. A personal experience at a Credit Union in two weeks revealed just how much the organization undergoes to come up with outstanding inventory blueprints. Branch to branch interconnectivity, integration of the value chain and cost analyses are some of the activities notable in the blueprint. This summery analyzes the Credit Union’s inventory blueprint through a spectrum of seven key points discussed as:

Roles of the Management

The Credit Union considers the role played by management in its endeavors at the center of the success of the organization. Superficially, it is the ...

The mass culture of mass production and consumption is referred to as Fordism. As a business model, it has created a culture of making more products in less time. Fordism has benefitted the American industry in the post-World War I era. However, it was not an all-encompassing economic model; it is beneficial in certain economic conditions. Fordism refers to the industrial revolution initiated by Henry Ford, the pioneer of Ford motors. He brought significant changes in the car production and added chapters to the academic books of management on how to be efficient. He recruited people specializing in one ...

Influence of Social Media on Marketing Strategies

Influence of Social Media on Marketing Strategies There is no denying the fact that social media has a huge and valuable impact on people lives nowadays. Moreover, person’s ordinary lifestyle, habits, and desires often depend on content or discussions there. For instance, some posts in Pinterest may become a good reason to buy a new dress or a necessary gadget. Different tweets help users to express their opinions, expand their knowledge about situation in the world and follow some of the famous people. In addition, humans start to build their view on products and services by reading others ...

1. The Substance Abuse Screening Test (SAST) is designed to screen out survey respondents who do not have a substance abuse problem (The Board of Regents, 2014). More specifically, the test is designed to be administered to teenagers and young adults, from 13 years old to 30 years old (The Board of Regents, 2014). Published in 1993, The SAST is authored by Terry Hibpshman, and Sue Larson (The Board of Regents, 2014). According to The Board of Regents (2014), the test takes five minutes to administer. In addition, as of 2002, its price is $56 per kit (which includes ...

Abstract

The ethical and technical importance of effective, efficiently performed forensic crime scene investigation combines the use of creative thinking, with well-planned assessments and collection of evidence. When law enforcement participants function together as a team, in the engagement of utilizing standardized procedures in the collection and recovery of evidence, whether on ground-surface or burial excavations, precision and integrity may be maintained as foundational to the process. Preservation using photographic, videotaping, and handwritten documentation during each step of the crime scene investigation process, provides a basis of accuracy in reporting outcomes and greatly aids in an unambiguous identification of party – ...

Introduction

Strategic management is increasingly becoming an efficient ongoing process in developing and revising a future-oriented strategy that allows firms to attain their goals and considers their potential challenges and the environments to which they operate (Fred, 2003). This approach is particularly crucial in the aircraft companies where the demand for new aircraft and aerostructure components is booming in the global market. Thus, aircraft companies need to undertake a strategy formulation as an integral aspect of their strategic process in management. In our research, we focus on Spirit Aerosytems Inc, one of the leading aerospace manufacturer and designer of aircraft ...

Issue with the Justice System

Law Enforcement Introduction The terms law enforcement pertains to a government agency that assumes the responsibility of maintaining public order including public safety and enforcement of the law. There are several branches of law enforcement both local and federal that assume the said responsibility. The local police department, the FBI, Sherriff’s department, special jurisdiction police, and among others are inclusive of the term law enforcement because their key function involves, detection, deterrence, and apprehension of criminal activities. The discussion will highlight the key functions and purpose of law enforcement and the current issues facing this branch of the ...

Abstract

The literature on international marketing provides conflicting ideas and perceptions as pertains to international marketing. On one hand, the standardization model purports that the behavior of multinational companies should be uniform to enhance a global corporate image and reduce total costs. On the contrary, the customization model argues that companies need to tailor their products to suit the unique requirements of each market. Sometimes, international companies may be forced to combine both customization and standardization models to come up with a mix strategy. This paper will delve deeper into each of these strategies, using companies such as McDonald’s ...

ABSTRACT

Risks and assumptions analysis play a pivotal role in success of a project. After the identification of all the possible risks, all risks need to be quantified though critically examining the degree of impact the risks would have one the outcome of the project and then prioritized. Economic analysis could be used as one of the tools for assessing and managing risks. The economic analysis of projects is carried out before actually investing in it and is conducted throughout the project analysis when necessary, that is, design and preparation phase, implementation phase and post evaluation phase of the project ...

Abstract

The Beck Depression Inventory (BDI) Test is used by the psychologists to determine the extent of depression among the patients so that adequate interventions and treatments can be incorporated to hinder the extent of depression. There are certain errors that can effect the test specially when respondents fail to understand the questions and are under influence of drugs or alcohol, due to which their responses do not remain valid to draw conclusions. The errors during the manual calculation of scores can lead to false interpretation whereas the prevalence of construct validity is also required to incorporate the consistent level ...

The overall aim of every investor is to make a profit. There are various investment tools that are designed to meet the specific needs of the investor. Thus, depending on the investment goals and objectives, an investor can opt for an investment option that best suit his needs. There are both long-term investment and as well short term investment tools. The long-term investments are generally considered to be investments that an investor wishes to hold for a period of more than one year. On the other hand, short term investments refer to the investments that are likely to expire ...

Marketing describes the way a company sells its policies to ensure that the consumer benefits from the company’s products raising the net worth of the business and the name of the companies’ products (Janes, 2008). Multinational marketing refers to the process of selling goods and services of a company throughout the world. The scenario is also called global in marketing. There are differences of the local level in the way the company sells its products. Some of the differences range from the way the company advertises its products, trade barriers between different countries that use different currencies. Some ...

Introduction

The ability to concurrently develop a product and its supply chain is a major competence in manufacturing industries. When the tow activities get undertaken efficiently at the same time, massive returns are bound to get derived. Proper design ensures that goods produced have the highest quality possible. High quality guarantees customer satisfaction and improves the brand name and legacy. Suitable supply chains, on the other hand, ensure that goods and services reach the customers on time. They also provide that the cost of supply is greatly diminished and saves the company revenue. However, in the auto-manufacturing industry, this ability ...

Obermeyer limited is a cloth production factory that produces stylish and fashionable clothes for all genders. Sports Obermeyer thrives in an industry that has a lot of 'fashion gambling'. In this paper, things Wally should think about when choosing the quantity to order for each style as discussed in the case study provided. Moreover, operational changes recommendations essential to improve performance will be discussed as well as the considerations management should take in place when sourcing in china versus Hong-Kong. In the efforts to determine the quantity to order for each style in November, Wally should consider the popularity ...

Evidence-Based Practice (EBP) can be termed as the integration and option of best research evidence with clinical expertise, skill and patient values. It seeks to improve the care process and the care outcomes based on the evidence collected over time and tailoring that to the needs of the patients within a particular setting. The EBP process is aimed at improving judgment and decision making but this is also based on the experience of the nurse in understanding the research evidence and relating the same to specific scenarios within the clinical setting. It is a process that is facilitated by ...

Abstract

According to the Centers for Disease Control and Prevention, central line-associated bloodstream infections lead to the deaths of thousands of people every year in the United States. These infections actually represent about 10% of all hospital-acquired infections translating to about 71, 900 infections per year in US hospitals. Also, this condition adds billions of dollars to the total health care system costs. However, these infections are actually preventable. This paper analyzes literature related to this topic and tries to establish the best method for solving the problem of central line-associated bloodstream infections. The paper suggests the standardization of central ...

[Word Count 1499]

Introduction3

Technology as a key driver of globalization3 Standardization..3 Trends in globalization..4 Adaptation and standardization..5

Scholarly criticisms5

Theoretical framework7 Conclusion8 Works cited9

Introduction

Globalization has emerged as one of the greatest themes associated with international marketing strategy. Professor Theodore Levitt of Harvard University happens to be one of the people supporting the idea of “global” brands as well as products. Globalization is the new marketing model for reaching more markets and exploiting competitive advantages. The problem that Levitt discussed in the book is the challenge that corporations undergo while expanding to international markets. The purpose of this essay is to ...

ARTICLE REVIEW

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Global v/s Multinational

Article Review Introduction There is no doubt that today’s business environment has changed. Over the past few decades, the rise of transportation, communication, technology and cross cultural integration across the world has seen the rapid rise of consumerism and increasing wants and needs on a global scale. In the article named ‘Globalization of Markets’, (Levitt, 1983), sees the demise of the quintessential multinational corporation and proposes the emergence and ...

Head Quarters

123 Medison Avenue

Fort Worth, TX

555-555-555 GENERAL OPERATING AND HR REFERENCE MANUAL This White Paper is submitted to Agreement 123 Date of submission: 05 April 2016 (PLEASE SIGN ON LINES ABOVE AFTER VOLUME IS PRINTED)

Introduction / Background

The purpose of this document is to provide all management levels within the Airline Company with the basic outline of the philosophy, policies, procedures and practices. This document is the General SOP which provides a high-level overview of the operational regulations and HR practices for the United States and Canada. It and does not have as an aim to explain the tactical level of operations of ...

What 2008 events gave rise to the need for this legislation?

The need for the Dodd-Frank Act (which complete name is the “Dodd–Frank Wall Street Reform and Consumer Protection Act”) was given rise by the financial crisis of 2007–08. This crisis triggered the Great Recession, an event many economists consider the worst crisis in the financial markets since the 1930’s (Dodd-Frank Financial Regulatory Reform Bill Definition, 2016). The United States had suffered a “housing bubble” – an unexpected and sharp increase in real estate prices, fueled by easy credit, that lasted over a decade – which had burst in 2004. Many traded financial instruments had their value directly or ...

One of the sciences involved in the field of nursing is nursing informatics. It is a relatively new branch of science which focuses on the integration of nursing information and knowledge with information and communication technology management to help in the promotion of the people’s health globally. It has been claimed that the field of nursing informatics greatly helps the healthcare practitioners achieve a healthcare which is patient-centered. Nursing informatics can be used in multitude of ways such as (1) development of various representations and standards that can provide appropriate support for different researches and evidence-based practices; (2) ...

Chapter 1 – Introduction to Color Study

1. What is the difference between direct light and reflected light? Give examples of each. Direct light travels from the source to the destination without being interrupted while reflected light is the light produced when the direct light bounces off a material. One example of direct light is the sunlight while reflection from the mirror is an example of reflected light (Young, Freedman & Ford, pp. 1080). 2. Describe the cause of color, the means used to generate it, and the effect. Light consists of a spectrum of light wavelengths which have a representative color; thus, upon reaching the retina ...

Introduction

The present report delves into the expansion of Hind Al Oud Company into Bahrain, which is the only GCC countries in which the company does not operate. In particular, the report examines the suitability of Bahrain for Hind Al Oud Company’s expansion. The factors that make Bahrain a suitable marker for the company expansion are political stability, free market system, low inflation, positive economic growth and strong financial services regulation, positive industry growth, low level of centralized control required, lack of trade barriers, low transportation costs, unique business core competencies, low rate of expansion needed, high level of ...

History of the Company, Mission, Vision, Strategies

IN 1954, the first McDonald’s restaurant was opened in San Bernardino, California. It was run by Dick and Mac McDonald (Neate 1). It is essential to refer to the fact that this business entity operates in the area of restaurant business, while practicing such business approach as franchising. The locally-relevant menu of the foods and beverages at different acceptable and affordable levels of prices is offered in the set of these restaurants all over the world (more than in 100 countries). As it has been already stated, the global system of this company is composed of the restaurants, ...

The rationale of this report is to analyse the marketing information and facts of a company in UAE that is planning to enter an international market. The company chosen for this report is Anfasic Dokhoon that plans to start its operations in Tunis, Tunisia. The report contains the background of the Anfasic Dokhoon Company and the market analysis in Tunisia. The report also provides the marketing mix of the company as well as the staffing policies that would enable it to compete fairly in the international market. The potential suitability of various market entry strategies available to the company ...

Markеting crеatеs strong valuе addition in thе organizational opеrations and rеvеnuеs of the companiеs incrеasе rеmarkably by adopting latеst markеting tools and trеnds. Dеmand of organizational goods and sеrvicеs is crеatеd by using markеting communication mеans. Markеting is an important dеpartmеnt of a company just likе rеsеarch and dеvеlopmеnt, accounting, financе, and manufacturing. Chiеf еxеcutivе officеrs havе rеcognizеd thе nееds and importancе of markеting ...

I consider community policing the most important strategy in Policing. Community policing can help to reduce any negative portrayal placed on law enforcement today. Community policing can raise citizen trust of law enforcements and alleviate tension and conflict between the police and citizens. And, community policing can result in more effective law enforcement. For these reasons, community policing is the most important strategy today in policing. Community policing is the idea that a partnership between the police and the community can impact the effective of law enforcement. Community policing consists of various strategies developed by a law enforcement agency. ...

Tourists Relationship with Food and Drinks

Introduction According to Dale (2006, p.2), tourism involves activities of people travelling to take vacationsin places that are outside their typical environments. These vacations do not exceed one consecutive year. Tourism is driven by several factors such as leisure, business, or any other purpose (Dale, 2006 p.2). The definition indicates that tourists move away from their usual homes to a destination where food, drinks, and culture are different.Food and culture are strongly linked. Food choices reflect the identity of the eater (Hurh and Kim, 1998 p.72). Human beings tend to adhere to taking familiar foods and drinks because of ...

Glocalizaton concept and its relation to standardization-adaptation debate in marketing literature review

What is glocalization Glocolization is a term that was introduced in early 90s by Robertson, it comes from combination of two words; globalization as well as localization. The globalization refers to the flexibility that is brought about by countries allowing the international forces to have impact on their local market environments, so as to attain some economic growth. Furthermore the term localization refers to the reiterating that is brought about by regions in order to maintain and protect some local culture and local conditions from them being carried away completely by the globalization forces. Therefore, glocalization attempts to balance ...

Methodology: Results-based Management Framework

BACKGROUND International Telecommunication union (ITU) is a specialized agency of the United Nations for information and communication technologies or ICTs. ITU is responsible for allocation of global radio spectrum and the satellite orbits, development of the technical standards to ensure seamless interconnectivity of the networks and technologies. The origin of ITU dates back to the mid nineteenth century and since then it has been at the centre of the advances in communication. Right from telegraphy in earlier times to satellites, mobile phones and internet in the modern world. It was on May 17, 1865 that the first incarnation of ...

Product Adaptation

Product adaptation refers to the process taken by companies to make changes to the existing products with an aim of meeting the changing consumer preferences in different markets. Product adaptation is performed to give the products new looks in various markets. Three examples of products that have undergone this process include Redbull, Barbie dolls, and Nokia (Kotabe 134). Redbull has been modified to meet the needs of different customers in various regions where the product is sold. The product is given various branding image in different regions as shown in the photos below.

Redbull in North America Redbull in China

In both regions the symbols used ...

Coke soft drink (Vaid 1)

Coca-Cola has survived in different markets in the world because of the standardization that it practices. Its consumers spread across different countries have shown preferences for the unique ingredients, features, as well as, the physical characteristics of the packaging bottle.

Red Bull energy drink

Red Bull stands for energy, youth, extremism in sports, and also vitality in every place in the world. Besides, the can, advertisements and the symbols of the red bull drink are all the same everywhere in the world. (A. Aaker and McLoughlin 251)

Barbie doll ("Picture of Barbie Doll - Google Search")

The widely produced Barbie dolls have a feminine image that has been standardized. Through this, it ...

Symbolic interaction emphasizes the constructed and negotiated aspect of self and social life. As a result it draws attention away from analyses of the structural and institutional features of society. How can some of the key concept (there are at least 10, work with 5) in this framework be used to explore stratification systems and relations of domination and the subordination they sustain. Stratification is based upon the arrangement of groups in social hierarchy which can remain over generations due to the presence of inequality. It includes division of groups according to the caste system, on the basis of ...

Executive Summary

Implementations of care paths will/may help cut healthcare costs. This report argues that the adoption of the care path approach is necessary to ensure MGH's costs are sustainable, but to ensure success, a phased approach to implementation approach, stakeholder engagement, constant, communication, and use of formal change management models will help.

Summary of the Case

As one of the largest hospitals in the country and a pioneer of open-heart surgery, MGH its ability to rein the costs of one of the most expensive procedures would serve as an important guide for the rest of the industry. Its costs are higher than its competitors ...

Intermodal Containers

Introduction The intermodal container is one of the most common sights in ports, harbors and docks. It is so common that its importance and significance to modern logistics is often overlooked. But despite the seemingly simple design of intermodal containers, its universal usefulness in transporting goods could not be undermined that it can be considered as one of the most important development in the field of transportation and logistics. Despite its importance in commerce and logistics, the intermodal container is also at risk of being utilized by the lawless elements of society. Without proper security, containers can be used ...

I have read your comments on the critical nature of HVA’s in emergency preparedness planning as well as their subjective nature. However, I do not notice that your call for HVA standardization is a novel but difficult task to implement. The basic idea for developing different HVA for different hospitals is mainly due to different backgrounds, perspectives, and environments. Standardization of the whole process might render HVA’s unintuitive and complicated since risk determination is one of the most problematic concepts in health emergency management. Picture a case where hospitals along the Atlantic coastline must plan for hazards ...

Revolution of Intermodal Transportation by Containerization

The intermodal shipping containers are large steel tool boxes made in different standardized sizes for movement of goods using the ships, trucks, airplane, or train. The simple technology improved the social and economic situation of the global market by allowing transportation of bulk goods on water for longer distances. Before the intermodal transport, people used break bulk shipping, products used to be carried using loose boxes, bags, and other small boxes. The break bulk was cumbersome, people spent longer, and a great deal of time unloading them in the ships. The earliest containers were made from coal containers the ...

Abstract

This report highlights the procedure and intent of conducting Line Operation Safety Audit (LOSA) for airline companies. This audit is carried out to evaluate the strengths and weaknesses of safety management systems in airlines. In the light of its findings, airline management could clearly see the scope of improvement in complying with required safety standards and regulations. Flight crews could also judge their performance and improvise their skills to strengthen safety envelope. This report will briefly present the procedure and characteristics of LOSA. The report covers all essential elements of LOSA. Firstly, introduction to LOSA is provided containing it's ...

ftr case 18: LEGO GROUP: AN OUTSOURCING JOURNEY Q1. LEGO had many expectations from the relationship with Flextronics. The main expectations that LEGO required include efficient cost saving techniques, the change of management ability to handle its global production network, upgrade of the procurement processes, profit improvement, the transformation of the aspects of standardization and documentation to become valued, and to become competitive and diverse in the market (Ramanujam).

Q2. The main challenges in maintaining a relationship like the one between LEGO and Flextronics include:

Flextronics become a necessary evil Difficulty in maintaining effective control and coordination of an increasingly global network of production facilities such as LEGO Lack of proper management of their global ...

1.0 INTRODUCTION According to Ekelund (2014, p. 76-77), the franchisor-franchisee relationship is far more complex than the traditional supplier-retailer relationship. First, the franchisor retains the ownership of the brand or the trademark, which the traditional supplier did not over its products. Second, the relationship is subject to conflicts, directly arising from the independent power of the franchisor and the franchisee as well as the interdependence of both. These factors create a flash point in the relationship, which if not effectively managed can destroy the relationship and economically impact on each other as a consequence of the relationship. In this ...

“Successful international firms frequently introduce standardized products covering most market needs, thereby replacing many specialized products"

Introduction The globalization and internationalization has increased the concerns of international business and international marketing. The firms have been involved in developing themselves into the Multinational Corporations (MNCs) rather than local and national firm. It has resulted in various MNCs across the world such as Coca Cola, McDonalds, Pepsi Co., KFC, Wall Mart, Zara, Unilever, Nestle etc. Marketing strategy is defined as the development of the decisions for the resource allocation, relationship of the company with the investors and the timings for the actions. With the growth in the internationalization, the management of the companies is now more concerned ...

Electronic data interchange (EDI) refers to a communication method which provides a way through which data can be exchanged using electronic means. Two organizations are in a position to share data electronically so long as they are in the same standards of operation. Common standards currently in use include ODETTE, EDIFCAT, X12 amongst many others. It is important to note that this method of data transfer involves the interchange of information in the computer-to-computer format and is mainly done using formatted messages which are a representation of the documents being sent (Pfeiffer, 2012). A key point to note is ...

Tourism sector is the backbone of many economies all over the world. Knowing how imperative this may seem, few individuals would dare question how robust and volatile the travel and tourism industries can be. It is worth noting that tourism goes way beyond mere leisure travels but also entails other groups of high profile individuals engaged in businesses. As a matter of fact, the tourism sector is a highly taxed industry. As such, few individuals who are not in the business realize how much of a loss this is to the industry. The percentage of taxes that are paid ...

Introduction

The food system and the all the supply chain activities between production and the delivery of the food to the final consumer are dominated by very few corporations. The effect of this concentration of corporate entities in the food system is that the small farmer has been pushed out of business because of the mass production systems of the corporate farm owners. In the previous millennium, the sociology of agriculture was concerned about whether the family-owned farms would survive (World Congress of Rural Sociology & Bonanno, 2010). In an ideal situation, the food system should benefit from the activities of ...

Business

Research Paper Abstract ENOC Oil Company is owned by the United Arab Emiratis, in other words the company is public and was established in 1993. ENOC employs about 3500 individuals. ENOC is expanding over its borders in collaboration with the Saudi Arabian company Aldrees to set up service stations in Saudi Arabia. The ENOC oil company is also investing in foreign holdings in the Caspian Sea. The company is dynamic in the domestic and the global market. Due to losses in fuel sales the company needs to find ways to make up for the losses. This study proposes to ...

HUMAN RESOURCE MANAGEMENT

Introduction For managers to efficiently perform the many tasks they have been assigned, the managers should work under pressure and with a sense of getting tasks done within a stated deadline. The store managers should also have full involvement in retail trade and the human resource. Additionally, the store managers should have high multitasking abilities, not to mention a good command of authority and interpersonal skills (Madaan, 2009). Store managers in the COLES supermarkets contribute largely to the organization’s goals in that they administer a retail association's staff, client address issues and plan and organize sales, marketing, and ...