Preview

Global Expansion

Satisfactory Essays
Open Document
Open Document
563 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Global Expansion
Using the library, course materials, and other Web resources, find some examples of international companies in the United States that demonstrate a global management approach to their operations. Provide some specific examples of practices or strategies that demonstrate this approach.
Then answer the following questions: * Why has it become so important for companies to become competitive in the global business environment? * What advancements in operations management in other countries have affected the way companies in the United States operate?
Be sure to reference all sources using APA style. Grading Criteria | % of grade for this assignment | Examples of companies demonstrating global operations management approach. | 30% | Why has it become so important for companies to become competitive in the global business environment? | 30% | What advancements in operations management in other countries have affected the way companies in the United States operate? | 20% | | | APA citation and references | 5% |

1
On good example of the global management is McDonalds. They have a geared themselves to adopt according to the culture of the country for example in France they have uses low profile but tastefully constructed restaurants which are appropriate for longer stay and they offer table service in as well which is in total contrast to US. (Fancourt, 2012, Pg32).
Ford Motor Company for their foreign operations normally do Joint ventures with local companies this way they are able to acquire the local knowledge and expertise and have a greater adaptability to local market. In China they have a Joint venture with Chang 'An. Senior management of both the companies sit together to form the strategy.
Procter & Gamble who have a great system for talent management and use the diversity to its advantage. They use these people to understand the country and then advertise accordingly. Mostly local celebrities and their testimonials are



References: Fancourt, L. Lewis, B. & Majka, N. (2012). Transformative Times: New Opportunities for Business in an Era of Upheaval. The Lauder Global Business Insight Report Wharton Art & Science. Howard, M. (2003). The Challenges of a Global Marketplace. Retrieved June 5th 2011 from, www.howardjmorgan.com/downloads/pdf/The_Challenges_of_a_Global.pdf Lockwood, N. (2011). Talent Management: driver for organizational success. Retrieved June 4th 2011 from, www.findarticles.com

You May Also Find These Documents Helpful

  • Good Essays

    Global competition and technology advances have changed business conditions and leadership challenges drastically. Global competition is greater than ever, especially with the extremely huge number of good and services that the United States imports from overseas. Today’s businesses and organizations have to worry about any element that they didn’t have to worry about as much 50 years ago. Along with the aid of the internet and customers being able to shop from home, technology advances have created drastic change as well. In order for a business to survive today, a leader must take into consideration all of his/her competition, both foreign and domestic. This leader must learn the benefits and consequences of importing and exporting goods globally. How global competition can affect his/her company’s revenue. The aid of the…

    • 378 Words
    • 2 Pages
    Good Essays
  • Good Essays

    International Management

    • 550 Words
    • 3 Pages

    With the progressively growing global economy the wealth of a business depends on the international competitiveness of its organization. With this perception a firm 's presentation, which includes its international competitiveness depends on the businesses efforts, skills and the businesses resources it’s also important to have good performance and to be create a bond with other firms and organizations.…

    • 550 Words
    • 3 Pages
    Good Essays
  • Better Essays

    References: ill, C. (2009). International business: Competing in the global marketplace (7th ed.). Boston: McGraw-Hill Irwin.…

    • 1012 Words
    • 3 Pages
    Better Essays
  • Better Essays

    References: Phatak, A. V. , Bhagat, R. S. & Kashlak, R. J.. (2009). International management Managing in a diverse and dynamic global environment (2nd ed.). Boston: McGraw-Hill Irwin.…

    • 2115 Words
    • 9 Pages
    Better Essays
  • Best Essays

    Hill, Charles W. L., 2009. International business: competing in the global marketplace, 7th ed. New York; London: McGraw-Hill/Irwin…

    • 1896 Words
    • 8 Pages
    Best Essays
  • Satisfactory Essays

    SAP1HW KaziRumy

    • 2180 Words
    • 7 Pages

    1. What are the reasons for increased global competition? What are the consequences of global competition to organizations?…

    • 2180 Words
    • 7 Pages
    Satisfactory Essays
  • Good Essays

    Past Years Questions

    • 3794 Words
    • 16 Pages

    OCT 2010 Nowadays, operations management is critical towards organizational success. Therefore it is a challenge for the organization’s operation to be aligned with the current trends. Discuss any five (5) new trends in operations management with appropriate examples. (20 marks) APR 2009 a) Describe the major components of a production system. Illustrate your answers with a diagram. (10 marks) b) Discuss any two (2) examples of how changes in the external environment such as major increase in oil prices affect the operations management strategy for a company. (10 marks)…

    • 3794 Words
    • 16 Pages
    Good Essays
  • Powerful Essays

    Global Management

    • 5128 Words
    • 21 Pages

    Global Management addresses topics related to individual and group behavior in organizations and how this behavior can be motivated, organized, focused, aligned, and led, with a special focus on multi-cultural business contexts. As such, the course is meant to integrate concepts and tools learned in other parts of the masters program and enable them to be put to practice in the larger context of business enterprises.…

    • 5128 Words
    • 21 Pages
    Powerful Essays
  • Powerful Essays

    Luthan F.; Doh J. P. (2012) ; International Management: Culture, Strategy and Behavior ; 8th Edition ; Mc Graw Hill.…

    • 963 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Exportation Plan Cacao

    • 3838 Words
    • 16 Pages

    Today when we talk about business, and cannot be alone in a national but also in an international environment, this thanks to the increasing globalization of the markets that day we inevitably intertwined with customers, suppliers and foreign competitors, including our country. This has led companies to make structural changes, from technology, research, and plantation, network marketing to distribute its products, enabling it to efficiently prepare and compete in a global environment that is increasingly interdependent.…

    • 3838 Words
    • 16 Pages
    Powerful Essays
  • Better Essays

    Different firms, both large and small, have different challenges to face as partakers in the global business, and varying strategies and methods have to be applied by them.…

    • 2640 Words
    • 11 Pages
    Better Essays
  • Good Essays

    Porter Diamond

    • 716 Words
    • 3 Pages

    The ways that firms create and sustain competitive advantage in global industries provides the necessary foundation for understanding the role of the home nation in the process.…

    • 716 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Labour Relation Approach

    • 2893 Words
    • 12 Pages

    [3] Hodgetts, R.M., Luthans F.& Doh, J.P. (2006). International Management: Culture, Strategy and Behaviour. (6th Ed.) McGraw-Hill…

    • 2893 Words
    • 12 Pages
    Good Essays
  • Best Essays

    A global economy enables all nations around the world exchange goods, services, people, skills and ideas across geographic borders (Hitt et al, 2007, p.7) [1]. Globalization increases the chances of competition among the companies. Thus, it is of great importance for the managers to have a new mind-set and for the company to develop a strategy at the aim of achieving its competitive advantage in…

    • 4176 Words
    • 17 Pages
    Best Essays
  • Good Essays

    In this increasingly globalize scenario, companies need to be globally competitive in order to survive.…

    • 718 Words
    • 3 Pages
    Good Essays