Wednesday, October 30, 2019
Case assignment Essay Example | Topics and Well Written Essays - 750 words
Case assignment - Essay Example We anticipate this norm by concluding that Michael Dellmon had a clear and succinct vision while starting his company. The characters of effective planning are evident in that Michael decided to avail developed strategies that he would complete by pursuing a low cost/price strategy. While availing the aspect of organizing the structure and management of a given companies the superior body requires to deal with human resources, finance and establishment of strategic priority within the organization. Contrary to management organization, a given entity needs to ensure that aspects like specialization, and division of work is done effectively and substantially so that certain goals are delivered professionally and within stipulated timeframe. The achievement established within Michael Computer Company is evident especially articulating that Michael decided to start his business with a small group of workers. ... Through Michael vision, we realized that for him to grow his business well, he would require to use cheap labor by outsourcing the manufacture of various parts of the computer to countries where there were highly skilled workers but they did not demand high wages. As the business grew, he developed a structure that described the various tasks and reporting relationships between the workers in the organization. Friend-Zââ¬â¢s management scenario Global producerââ¬â¢s works based on accepting lower profit margins that in turn increases competitive pressures that more so, leads to high production value added solution. However, in consideration of Friend-Zââ¬â¢s management we will anticipate various advantages and disadvantages of employing global competition norm. One of the advantages includes the rise of production level, provision of skilled labor that leads to effective services and products delivery and acquisition of customerââ¬â¢s preferences articulations. However, g lobal competition may lead to straining of economies of sales and high capital use setting up diverse and effective management to avail services on time and within customerââ¬â¢s preferences. The above articulated disadvantages and advantages are among the issue that Friends Zââ¬â¢s company looks forward to meet in its business processes. Moreover, for the Friends Zââ¬â¢s to go global in terms business growth and especially doing business in foreign country, political stability, history of business, market analysis, social services and preferences behaviors are some of the environmental factors that needs to be given priorities and looked upon. To become more successful, Friends Zââ¬â¢s needs to avail joint venture strategy since it become
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.