International Business Assignment nr. 1 K. Toufarova Globalization at General Electric 1. Why do you think GE invested so aggressively in foreign expansion? Because GE tries to achieve its main goal: To be number 1 or 2 globally in every business in which it participates. Nowadays GE is not just an American company doing business abroad‚ but it had become a true global company. The revenues from international sales are growing significantly. This expansion is being powered by growing economies
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GLOBALIZATION AT GENERAL ELECTRIC 1. Why do you think GE has invested so aggressively in foreign expansion? What opportunities is it trying to exploit? I think GE acted so aggressively because they saw a great opportunity to expand the company and if they didn’t do so‚ another company would have grabbed the opportunity and purchase the companies that were in trouble. In order for a company to grow at a rapid pace‚ it would have to take over other companies that are in financial jeopardy.
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1. Describe the functional organizational structure. Why do you think this structure is so widely used? The organizational structure is composed of different departments that help operate the business‚ such as‚ purchasing‚ operations‚ warehouse‚ sales and marketing‚ accounting‚ research and development‚ finance and accounting‚ human resource‚ and information technology. I look at Direct Relief International when they need supplies they use the SAP website to track everything they need. Most
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Tolerance is recommended and positive only if the person has appropriate and fair reason. The tolerance limit is also important. For example‚ if there is a late-comer in a class‚ she should be allowed in if she is not too late i.e. if the class has not started working. In reality‚ the occasions of a late-comer entering the lesson after it has started are really rare. There should be tolerance for people which are not punctual to that extend to which they do not disturb the process in progress. The whole
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QUESTION: Do you think Lincoln is an idealist? Why or why not? ANSWER: I consider Lincoln to be more a far-sighted wise man than an idealist his significant contribution to the racial equality throughout the United States as well as other parts in the worldwide. At the beginning of the movie‚ we could see some black corporal requiring higher army status directly from President Lincoln who is also confused by the issue. Apparently‚ he knows the urgency of abolishing negro slavery which would
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behind him and asked him a question‚ “Do you think Julia is pretty”. Pompey pondered the question with interest and replied‚ “Why do you think Julia is pretty”. Now Jamie did not know how to reply to his question even though he started the conversation. “Um never mind I’m going to go eat downstairs”‚ said Jamie. After Jamie left Pompey started wondering about Jamie’s question “Julia is pretty but why would Jamie ask that”‚ he thought to himself. Pompey did not think about the question any further and
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On this paper we will explain about Webvan‚ when it was established‚ how the people welcoming the idea of having such service through the network and will discuss if Webvan achieved the goals or did it made any profit from its business‚ why they didn’t success and the reason for failed these companies. Webvan was the name of a company and they were doing online grocery delivery business. In 1996 webvan started grocery delivering services it offered customers the convenience of shopping from home
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international company in the world by present in over 220 countries and territories across the globe. For its contributions in past 40 years‚ DHL has become the global leader of the international express and logistics industry to solve the customer fulfill needed and want. 1. Do you think DHL’s branding strategies are suitable for the 21st century? Why or Why not? DHL’s branding strategies are suitable for the 21st century because is the age of modern technologies and namely information technologies
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decision to accept the photographs submitted by a candidate is at the Administrator’s discretion. ▪ Candidates provide two identical colour photographs that are not more than six months old ▪ Cross reference with passport photograph (if the same has been used check the date of issue of the passport) ▪ Black and white photographs must not be accepted ▪ The image must be clearly visible i.e. the photographs must not be stamped‚ signed / written on‚ marked‚ folded‚ stapled over or damaged in any
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Walmart’s Foreign Expansion Walmart has a merchandising strategy of everyday low prices and highly efficient operations‚ logistics‚ and information systems. This helps keep Walmart at a minimum inventory level and avoids overstocking and understocking. With major success in the United States‚ in the 90s it began to expand internationally‚ Mexico being the first. At first‚ Mexico did not do so well‚ since the consumers live a different life and have different buying patterns. Fresh produce was of
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