Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

Confronting issues in globalization is a daunting task but it cannot be avoided for anyone living or working in the 21st century. Today's business models of Multinational Corporation's stress the importance of ‘sustainability' in the global supply chain' and ‘maximizing global efficiencies'. These concepts are complex and require a supported network of integrating mechanisms to successfully sell a product that is consumed across the globe.

This project allows you to experience a practical application of the effects of globalization. You will select a product that you currently use in your home and through an analysis of its manufacturing, sourcing, and sales demonstrate those issues in globalization that affect the product and customer and develop business strategies to address them.

First, find a product you have in your home which is sold in multiple countries. In order to select this product, look for items that bear markings of multiple countries. This marking may include references to ‘distributors', ‘licensors/licensees', or manufacturer's with ‘made in' or ‘made of' references. You may also see wording on these products such as ‘Assembled in [country name] from US components'. Products marked ‘Made in the USA' may not be used for this project. These product markings may be in multiple languages.

Next, consult the company web site to see if they have manufacturing or raw material supply operations in two or more countries. If you select a US company that is publicly traded, you will find this in the 10-K report that they file with the Securities and Exchange Commission (SEC).

Do not write a paper about an existing company but make one up yourself. You may use a current business that you're familiar with to model your own company after.

Before starting to write your paper, you must get an outline approved by your instructor. You will find a dropbox for submission of this outline. Your outline must include a short description of your product, the country or countries selected to analyze, and an overview of the issues in globalization that you will explore.

It is critical that your paper include what proactive measures your company would undertake to address the risks or challenges in globalization that you have identified. Be creative, original, and make sure to be very comprehensive in your analysis and evaluation of what issues in globalization impact your company and what solutions you have developed to address those concerns.

At minimum, your paper should be a minimum of 10-15 pages (not including the cover sheet or references but you may exceed that limit without point deduction. Your final project must be submitted in Microsoft Word, be formatted using the APA style, double-spaced, minimum of 12 inch font, and contain adequate references to support your analysis.

At minimum, your project will contain the following sections:

Company background and industry

Explanation of the product

Customer demographic and profile who consumes your product

A detailed explanation of the operations performed in multiple countries. For example, Toyota Motor Corporation of North America has a automobile manufacturing corridor which spans a from sourcing and/or manufacturing of auto parts in Mexico, to an automobile factory assembly plant in Texas, through distribution of after-market products in North and South Carolina. You will find some products or industry have like manufacturing corridors.

Identify any incentives or subsidies provided by host countries to support the manufacturing operation

Analysis of the corporate strategy to maximize global efficiencies. Examples in this areas may be how the company uses offshoring to support ‘lean manufacturing' or outsources certain parts of labor for production of the final product.

Identification and discussion of the economic integration policies that the involved countries have formed to support manufacturing, sourcing, and marketing of your product. An example might be the country or countries have joined a common market such as Mercosur, common market formed between some countries in South America.

Identification and discussion of any free trade agreement/agreements used by the company to facilitate the movement of the product internationally.

Identification of any controls used in the labor markets that would subvert attempts to unionize or manage regional wage rates.

An analysis and evaluation of any economic impacts to the communities where manufacturing operations take place. Your research will probably identify advantages and disadvantages in the host or home country/countries. An example of an economic impact would be the loss of tax revenues or tax grants from a home to a host country.

An analysis and evaluation of any environmental damages in the manufacturing area.
An analysis and evaluation of any intellectual property issues that have occurred through doing business in multiple countries.
An analysis and evaluation of any laws impacted by the effects of globalization in this industry
An analysis of any significant changes to the company's business model that you can find based upon the effects of globalization.
If your country or industry is represented is impacted by any programs, policies, or charters underway through WTO or NGO actions.
A closing to your paper which outlines your personal opinion of the effects of globalization for your product.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91417228
  • Price:- $70

Priced at Now at $70, Verified Solution

Have any Question?


Related Questions in Basic Finance

Researchers at the university of pennsylvania school of

Researchers at the University of Pennsylvania School of Medicine have determined that children under 2 years old who sleep with the lights on have a 35% chance of becoming myopic before they are 16. Children who sleep in ...

The data in this problem is hypothetical it is march now a

The data in this problem is hypothetical. It is March now. A September futures contract on 10,000 MMBtu of natural gas settled for $2.95 per MMBtu. Assume that the contract has exactly 6 months to maturity.  Present valu ...

You purchases a house for 18133300 you made a down payment

You purchases a house for $181,333.00 . You made a down payment of 20,000 and the remainder of the purchase price was financed with a mortgage loan. The mortgage loan is a 30 year mortgage with an annual interest rate of ...

If you deposit 970 every year for the next 6 years with

If you deposit $970 every year for the next 6 years, with first deposit to be made today and all deposits to be made at the beginning of every year, in an account that pays 8.01% APR with annual compounding, how much is ...

You are considering investing in a bank account that pays a

You are considering investing in a bank account that pays a nominal annual rate of 7%, compounded monthly. If you invest $3,000 at the end of each month, how many months will it take for your account to grow to $200,000?

A stock price is currently 20 and at the end of 3 months it

A stock price is currently $20, and at the end of 3 months it will increase or decrease by 10%. The risk free rate is 5% per year (continuous compounding). Assume that ST is the price at the end of 3 months. what is the ...

The terms of sale arenbsp59nbspnetnbsp43nbspwhat is the

The terms of sale are 5/9, net 43. What is the effective annual rate of interest?  Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box.

Question - what is weighted average cost of capital how is

Question - What is weighted average cost of capital, how is it used, and when is it not appropriate to use? A substantial initial response consisting of a minimum of 100 words, using proper grammar, spelling, and punctua ...

Charles is considering investing in treasury bills he

Charles is considering investing in Treasury bills. He requires a 2.7 percent annualized return on a six-month Treasury bill that has a par value of $10,000. The price Charles would be willing to pay for this T-bill is h ...

Ferrell inc recently reported net income of 8 million it

Ferrell Inc. recently reported net income of $8 million. It has 500,000 shares of common stock, which currently trades at $22.50 a share. Ferrell continues to expand and anticipates that 1 year from now, its net income w ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As