Globalization & International Management: Assignment 2

Instructor: Helena Leung
If you have a Study.com College Accelerator membership and are seeking college credit for this course, you must submit case studies and pass the proctored final exam. You must submit your assignments before registering for the final. Below you will find prompts and instructions for submitting these case studies.

About this Assignment

As part of this course, you've learned about the affect globalization can have on businesses, some strategies for managing businesses and teams internationally, concerns about legality, culture, and ethics, and the necessities for entering foreign markets. In a 1500 to 2000-word paper, please write a business proposal.

Using Sources

You may refer to the course material for supporting evidence, but you must also use at least three credible, outside sources and cite them using APA format. Please include a mix of both primary and secondary sources, with at least one source from a scholarly peer-reviewed journal. If you use any Study.com lessons as sources, please also cite them in APA format (including lesson title and instructor's name).

  • Primary sources are first-hand accounts such as interviews, advertisements, speeches, company documents, statements, and press releases published by the company in question.
  • Secondary sources come from peer-reviewed scholarly journals, such as the Journal of Management. You may use resources lik JSTOR, Google Scholar, and Social Science Research Network to find articles from these journals. Secondary sources may also come from reputable websites with .gov, .edu, or .org in the domain. (Wikipedia is not a reputable source, though the sources listed in Wikipedia articles may be acceptable.)

If you're unsure about how to use APA format to cite your sources, please see the following lessons:

If you use any Study.com lessons as sources in your assignment, please cite them using APA format (including the lesson title and the instructor's name).

Scenario

You are the operations manager of an electronics manufacturer based in Vermont. You currently use locally-made materials and assemble electronics in your Vermont facility. Your company does both wholesale and retail, selling to mid-channel distributors like Best Buy or selling directly to the buyer. You also offer in-house repairs and maintain a customer service department. The CEO of the company has come to you to explain that the company is being 'priced out' of the industry because the products are priced too high and the current production processes are not scalable. If expenses can be reduced, the company could lower the cost of the products and be more competitive in the market. If production processes can be increased, market share can grow, particularly internationally. The CEO has asked you to use your knowledge of the global business environment, multinational operations, and diverse work teams to come up with ways to lower costs and increase production, including possible outsourcing and expansion of operations to overseas locations. Please create a proposal that compiles your analysis and recommendations for the CEO.

In your proposal, be sure to include the following elements:

  1. The possible advantages and disadvantages of the different types of global sourcing for your company. Identify areas in the company that may benefit from a form of sourcing. Identify specific countries that may serve as sources of materials, components, and labor. Explain how global sourcing could impact the existing issues with pricing, competition, and production.
  2. The managerial impact of using a global workforce. Include a description of the in-house management required to implement a global workforce scenario in the countries identified as potential sources of labor. Discuss the qualifications and characteristics that should be sought when recruiting and hiring an international management team.
  3. Cultural and ethical concerns with using a global workforce. Offer some possible solutions to overcoming these concerns and negotiating cultural conflicts that may arise.
  4. An evaluation of communication and decision-making for your recommendations. Identify the managerial philosophies and the technology needed to keep everyone 'in the loop,' no matter how remote that person may be.
  5. Evaluate whether globalization of production and expansion in the global marketplace can improve competitive advantage while decreasing costs.
  6. A final summary of your recommendations, tying together the components so that the CEO understands the potential benefits, risks, and changes to the company.

Grading Rubric

Your papers will be graded based on the following rubric:

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