M: Management
5th Edition
ISBN: 9781259732805
Author: Thomas S Bateman, Scott A Snell, Robert Konopaske
Publisher: McGraw-Hill Education
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Chapter 14, Problem 3LO
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To discuss: The reason for utilising budgets as a control device.
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As you start the research on your report to the management team next week, you need to think through the critical factors of the Strategic Management Process that will be important to successful operations in your expansion country.
You know from the assigned reading material that the Strategic Management Process is broken into two sections, the Strategic Planning Process and the Implementation Process.
For the initial post this week, assess the external environment in the country. Identify one threat that might derail the expansion and why you selected this threat as significant. Identify one opportunity that would help move the expansion along and explain why you selected this opportunity as significant.
Management has approved your previous memo detailing the expansion location and has asked you to join the next meeting to expand on your ideas for the expansion. The Managing Director has asked you to prepare a cultural profile as one tool to support the organization’s expansion efforts detailing the culture of the proposed location and how the US operations and this new location facility will work together. Your report should include the following topics:
Cultural Profile: Develop an extensive cultural profile of your country which includes your research in the following area:
Use the Hofstede research you conducted in the Module 3 Discussion to briefly explain the cultural dimensions of the country.
Discuss the Cultural Predisposition that the company will take regarding operations.
Discuss any cross-cultural similarities or differences that might arise in the operations or the environment of the new location including two factors necessary for the successful implementation of…
Management has approved your previous memo detailing the expansion location and has asked you to join the next meeting to expand on your ideas for the expansion. The Managing Director has asked you to prepare a cultural profile as one tool to support the organization’s expansion efforts detailing the culture of the proposed location and how the US operations and this new location facility will work together. Your report should include the following topics:
Cultural Profile: Develop an extensive cultural profile of your country which includes your research in the following area:
Use the Hofstede research you conducted in the Module 3 Discussion to briefly explain the cultural dimensions of the country.
Discuss the Cultural Predisposition that the company will take regarding operations.
Discuss any cross-cultural similarities or differences that might arise in the operations or the environment of the new location including two factors necessary for the successful implementation of…
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- As you start the research on your report to the management team next week, you need to think through the critical factors of the Strategic Management Process that will be important to successful operations in your expansion country. You know from the assigned reading material that the Strategic Management Process is broken into two sections, the Strategic Planning Process and the Implementation Process.arrow_forwardAs you continue working on your sections of your Portfolio Project, this week you will prepare a Cultural Profile using knowledge and research you have learned the the last two weeks. You may wish to review the complete project description to see how this section will contribute to the project as a whole. Management has approved your previous memo detailing the expansion location and has asked you to join the next meeting to expand on your ideas for the expansion. The Managing Director has asked you to prepare a cultural profile as one tool to support the organization’s expansion efforts detailing the culture of the proposed location and how the US operations and this new location facility will work together. Your report should include the following topics: Cultural Profile: Develop an extensive cultural profile of your country which includes your research in the following area: Use the Hofstede research you conducted in the Module 3 Discussion to briefly explain the cultural…arrow_forwardBased on your strategic initiative, describe what you think is the appropriate organizational structure and organizational culture necessary to successfully implement the initiative. Briefly describe the initiative. Identify the organization’s current organizational structure and organizational culture. Does the organization’s current organizational structure and organizational culture support the initiative, why or why not? Propose an organizational structure and organizational culture that best fits the implementation of your initiative.arrow_forward
- Can you guys help me with this? Thank you! The country in here is India Put this into paragraphs and include sources that provide the actual information that supports each part below. Acknowledges the alliances the country is involved in. Illuminates the country's competitive edge and encountered challenges.arrow_forwardOrder Confirmation Process After a supplier notifies a retailer of the approval of a purchase order, the supplier can either receive an order confirmation, an order change or an order cancelation from the retailer. It may happen that no response is received at all. If no response is received after 48 hours, or if an order cancelation is received, the supplier will cancel the order. If an order confirmation is received within 48 hours, the supplier will process the order normally. If an order change is received within 48 hours, the supplier will update the order and ask again the retailer for confirmation. The retailer is allowed to change an order at most three times. Afterwards, the supplier will automatically cancel the order. If the order is canceled the supplier send a customer feedback questionnaire request to retailer.arrow_forwardE Select the option which is true about the following statement. Statement: "ADHD is defined as a neurodevelopmental disorder characterized by persistent patterns of inattention, hyperactivity, and impulsivity; it is triggered by a combination of genetic, neurological, and environmental factors." i. It is a thesis statement ii. It is a topic sentence iii. It is an ideal introduction iv. It suggests that the writer intends to construct an extended definition essay v. It suggests that the writer intends to construct a body paragraph vi. It suggests that the writer's intention is to use up to three expository methods. O a. iii only O b. i, iv and vi only ○ c. ii and v only ○ d. iii and iv only ○ e. i and iv onlyarrow_forward
- Which one of the following options best explains why the following is NOT a good example of a thesis statement for a Comparison and Contrast essay. Thesis statement: Hurricanes and earthquakes are similar in that they are both natural disasters and have potential for widespread damage. However, while hurricanes are weather-related phenomena, earthquakes are geological events. O a. It is not expressed as a single sentence. O b. It does not contain adequate language of the method. О с. It is untrue. = O d. It does not contain identifiable points.arrow_forwardSelect the option which is true about the following statement. "Contrary to instant messaging, which is typically informal, emailing tends to be more formal; both are essential forms of communication and are digitally channeled." O a. It does not allow for comparison of two related subjects. O b. It focuses on a point of comparison. ○ c. It is a topic sentence. ○ d. It focuses on a point of contrast. ○ e. It is a thesis statement.arrow_forwardCan you guys help me with this? Thank you! The country in here is India Please put this into paragraphs to discuss the screenshot more specificly.arrow_forward
- In 2022, GlobalTech, a multinational company, expanded its operations into a developing country with different cultural norms around labor practices. While GlobalTech's corporate ethics emphasised fair wages, safe working conditions, and environmental sustainability, local business practices often included lower wages, minimal safety protocols, and lax environmental regulations. The CEO, Jane Harris, who strongly believed in ethical universalism, faced pressure from the local management team to adapt to the region’s practices to reduce operational costs and gain competitive advantage. As the company compromised on wages and environmental standards, it sparked internal conflicts among employees, with some advocating for adherence to the company's global ethical policies while others argued for alignment with local practices under the guise of ethical relativism. Soon after, news broke out about poor working conditions and environmental violations, leading to public outrage, protests,…arrow_forward-Provides a clear definition of personal and corporate ethical values and their relevance to business decision-making.- Discusses how Jane Harris's belief in ethical universalism influences her decision- making. Examples from the scenario are well integrated. - Explains the role of corporate ethics at GlobalTech, particularly around sustainability, fair wages, and safe workingconditions. Discusses how these values shape business policies and practices. - Summarises the influence of personal and corporate values on decision-making and how ethical conflicts may affect a multinational business like GlobalTech. - The discussion is logically structured, with clear argumentation and a coherent flow of ideas.arrow_forwardIn 2022, GlobalTech, a multinational company, expanded its operations into a developing country with different cultural norms around labor practices. While GlobalTech's corporate ethics emphasised fair wages, safe working conditions, and environmental sustainability, local business practices often included lower wages, minimal safety protocols, and lax environmental regulations. The CEO, Jane Harris, who strongly believed in ethical universalism, faced pressure from the local management team to adapt to the region’s practices to reduce operational costs and gain competitive advantage. As the company compromised on wages and environmental standards, it sparked internal conflicts among employees, with some advocating for adherence to the company's global ethical policies while others argued for alignment with local practices under the guise of ethical relativism. Soon after, news broke out about poor working conditions and environmental violations, leading to public outrage, protests,…arrow_forward
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