6/18/13 Case Report: Foreign Factories When investing in foreign factories it may be tempting to invest just because of factors that seem obvious such as the potential low wages or low taxes. However good managers realize that investing in foreign factories to obtain knowledge is a very successful strategy. In order to tap global R&D potential‚ a manager must have the mindset that the knowledge could be anywhere‚ and sometime is worth the risk of setting up a factories in a high cost area
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unrealised potential in foreign factories. Ferdows preaches‚ “Superior manufactures gain a competitive advantage by methodically upgrading the strategic role of their plants abroad.” According to Ferdows‚ traditionally corporations have established and managed their foreign plants to benefit only from tariff and trade concessions‚ cheap labor‚ capital subsidies‚ and reduced logistics costs. Therefore‚ they assign a limited range of work‚ responsibilities‚ and resources to those factories (Ferdows‚ 1997)
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Report topic: The role of foreign banks in the economic developments of developing countries like Bangladesh Requirements: 1. Introduction 2. History of banking industry 3. List of foreign banks operating in Bangladesh 4. Why do banks go multinationals? 5. Benefits of foreign banks in the developing countries like Bangladesh -Boost to the domestic bank sector -Boost up the sectored developments as follows: Sector Telecommunication - Textiles & Wearing Banking Food Products
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The Role of Foreign Banks in India Foreign Banks operating in India are banks of other countries having their branches in India. At present there are about sixteen such banks having a total of about 180 branches in most of the big cities of the country. These Foreign Banks have a flourishing business and earn large profits. Indian Banks also have their branches in other countries‚ and they‚ too‚ are doing well. Some economists are of the view that Foreign Banks should‚ not be allowed to operate
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* Not tapping into the full potential of foreign factories * Only use them for benefit of tariffs and trade concessions‚ cheap labor‚ etc. * Some companies do use them to full potential and gain exponentially from it. * Use them for the previous reasons mentioned‚ but also to get closer to their customer and suppliers‚ to attract skilled and talenterd employees‚ and create centers of expertise for the entire company. * The answer for why these two approaches lies in the managers
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The Role of Strategic Planning “Failing to plan is planning to fail”. This often-heard quote from Alan Lakein‚ the popular author on time management‚ is a reminder that many of the day-to-day operational struggles we face in organizational life had their seeds sown in the past‚ when we failed to think ahead. Every organization wants to survive and grow in a constantly changing and competitive environment. To do so‚ it must respond and adjust to the social‚ economic and political environmental changes
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1. The Strategic Role of HRM (i) Strategic HRM covers eight HR practices- organisation design and work system; human resource planning ; recruitment; selection; training and development; compensation; performance management; employment relations. Each one of these HR practices reflects organization performance. Now HR is involved in long term company strategy. The HR managers sit down on the table with the company when the strategy is designed and advice the company how it can be done from HR prospective
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The primary goal of foreign policymaking is to ensure state survival. Without foreign policy our world will be in chaos. It is our government’s strategy in dealing with other nations. While both President and Congress each has their own role in foreign policymaking‚ the President’s role is to enforce decisions and the Congress is to approve treaty making powers. The president is the chief diplomat of foreign affairs and commander in chief of the armed forces. The president has the duties of including
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Running Head: The role of international aid politics in Africa Title: The role of international aid politics in Africa. Is it helping or hurting progress in Africa on development‚ or both. Name: Saba Fazal Firdousi Course: International Relations ID: 10U0166 Instructor Name: Mashal Shabir ABSTRACT This paper aims to provide an overview of African economy in terms of the current and past issues they are facing with regard to foreign assistance from developed economies. It focuses
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Gina Flores ELL240: Linguistically & Culturally Diverse Learners (ACV1417A) Instructor: Ashley Simpson Classroom Scenario Analysis May 26‚ 2014 Many students were transitioning from a classroom with Spanish instruction into my classroom with instruction provided in English. I had students ranging from monolingual English speakers to students who had just recently moved to the U.S. from a Spanish-speaking country. The range of language proficiency levels crossed the entire
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