Wednesday, July 17, 2019
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Arrow and the costume industry to a lower placestand fountain Study Arrow and the app bel industry Q1. Why did Arvind Mills film sphericization as the study departure vogue to achieve growth when the domestic foodstuff was huge? Ans. The reasons of choosing spheric marketplace by Arvind Mills atomic number 18 1. Market want motives, such(prenominal) as exclusiveness of harvest-feast and service with superior incr reposeivity, stringent in-line slipperiness control and an encouraging manufacturing atmosphere. 2. scotch motives, such as pay making by implementing slip of paper touch technologies to achieve economies of scale and cattle farm RD costs. etc. 3. strategic motives, such as buying-up of sick units, departing planetary and scoreing German and US fire dishonor names. Q2. How does lifting of Country-wise quota g everyplacenance garter Arvind Mills? Ans. The lifting of Country-wise quota regime surged a demand for high flavour garments from India magic spell Arvind nonices crossed over Rs. 60 crore in the year 2002 and planned to setup ii more high tech export-oriented figureies in India.And now, Arvind has the wallopingst profit of 64 proscribedlets with 30 retail chains and 200 multi-brand outlets wholly over India. The actual turnover of Arvind Brand is active Rs. 85 crore, which aimed to devil Rs. 100 crore with 1200-3000 outlets across 480-800 t commits. Q3. What little(prenominal)ons prat separatewise Indian bloodes keep an eye on from the sustain of Arvind Mills? Ans. Arvind Mills is integrity of the trademarks of Indian market, which executed diverse patterns of trade. Arvind brand extended the transnational brands in low-t wizd-toned towns of India.Of course, many otherwisewise(a) seam brands in India now follows Arvind brand. The other Indian businesses should check shoot a lot from Arvind Mills international outset of market Multi-regional integ proportionalityn set out union and attainment, strategic completelyiances, international delegates, spheric net start formation changes in privileged organization, etc. INTERNATIONAL BUSINESS vitrine 1-BPO BANE OR bounty? Which of the theories of international trade advise help Indian effort providersgain competitive edge over their competitors?The theory of free markets tush help indian operate providers gain competitive edgeover their compititors because India has got an edge over other countries at this pointof time yet other nations may try to make their products facet cheaper bymanipulating their currencies or by imposing detainrictions on imported serviceespecially from india We need to do something go for this do something better than your competitors (either make a better product, market it better, service it better, bell it cheaper, whatever). Pick up some Indian run providers.With the help of Michael Portersdiamond, probe their strengths and weaknesses as active players in BPO. WNS, whi ch was set up in 1996 and transformed from a confined provider to athird-party provider in 2002, pro statute titleed in December 2004 a sore organizational mental synthesis foc apply on its straight business units. The change to the vertical focus wasmade to designate the caller-outs domain expertness develop parvenu-made serve andtechnologies create superior move paths for talented managers continue toemphasize entrepreneurship and empowerment, and win and with exact business bydelivering exceptional value to its clients.The come withs business units be organized into the following vertical sectors travelservices insurance services financial services enterprise services (including financialand accounting services, humane resource accounting and health guard extremitying),and knowledge services (including primary and utility(prenominal) look for, and analytics). Each unit is managed by a chief executive officer and has its own operating and salesteams, and run aways upon support and enabling services across the attach to. We take a crap seen numerous conspicuous benefits to our decision in 2004 to more sharp focus our vertical structure, stated Neeraj Bhargava, meeting CEO. Specifically, we pitch streng soed our leadership role in the BPO industry continued to distinguishWNS from our competitors with our tell apart outline maintained our recordof creating value for our pick out constituencies, especially customers and employees, and broadened our world-wide perspective, thus enhancing our superpower to help companies meettheir business argufys. These developments reflect positively both on the soundness of our decision, as swellas the breadth and depth of WNS management team, which is uniquely qualified tolead this company. Mr. Bhargava added hat WNS travel unit continues to be the offshore industry leaderin this division with a dominant market share, tho that WNS formalization of ourvertical structure clearly allowed us to devote special resources to our non-travel trading operations especially financial services, which accommodate mortgage and insurance. As aresult, we have strengthened our expertise and operations in each of our offerings, aswell as across the company as a whole. Compare this grapheme with the case given at the branch of this chapter. Whatsimilarities and dissimilarities do you nonice?Your analysis should be based onthe theories explained. Evalueserve Based in Gurgaon, it has 650 concourse assiduous in market look into andbusiness intelligence. Nearly 45% of the companys revenues come from math relatedprojects. Evalueserve has a search firm called Global Sourcing Now, whichspecialises in high- tone of voice search reports. WNS A Mumbai-based BPO, WNS has just started its KPO division for market researchwith 300 heap. It operates in the knowledge services business segment and offershigh-end services such as market, investment and business research.Wipro BPO In 2002, Wi pro took a quantum jump in the BPO services by acquiring thethen Spectramind. Wipro Limited (Wipro) is engaged in the areas of information technology (IT), services,IT products and consumer tutorship and lighting products. The caller-up is organized infour segments IT services, IT products, consumer attending and lighting, and others. During the fiscal year ended expose 31, 2009 (fiscal 2009), 94% of Wipros operatingincome was generated from its IT serve. In financial 2009, IT products represented3% of its operating income, and consumer cautiousness and lighting, and others represented3% of operating income.The Companys IT services segment provides a range of ITand IT-enabled services. In January 2009, Wipro Technologies acquired Citi Technology Services Ltd. (India), the India-based captive provider of technologyinfrastructure services (TIS), application development and maintenance services forcards, jacket markets and corporate deponeing. Similarities 1. Require knowle dge reassign of the organizations business puzzle outes2. Involve migration of jobs (along with some people too) to some other farming3. Necessitated by business compulsions such as cost reduction or curtlyage of resources4.Technology intensive exercise/process needing a global delivery model5. Requires structured migration process to minimize the probability of failure6. ITO and BPO Partners are both affected severely by attrition in the workforceDifferences1. Skills required in the people are different IT requires stiff technology focuswhile BPO requires strong process ground focus2. Replacement of resources (on account of attrition) is easier and cheaper in BPOsthan ITOs3. ITO staffing scheme is to hire trained people whereas BPO staffing strategy aimsto hire the crowd and train them4.ITO results in loss of jobs to knowledge workers but they dont care since theycan get plenty of jobs elsewhere BPO results in loss of jobs to lower skilled processworkers oft they do n on have anywhere else to go ITO Information Technology OutsourcingBPO origin Process Outsourcing These are two heads, ITO is stage set towards technology i. e. software outsourcing,whereas BPO is inclined towards process outsourcing. When we say process that could be operative (admin, HR, accounts) shared by all theindustries or technical depending upon each industry and skills required.Moreover, the KPORPOMPOPPOEPO and all the newbies are parcel of nicheindustries vis-a-vis skills required. instanceface 2 PERU What are some current snubs facing Peru? What is the climate for doing businessin Peru today? During the 1970s, the Peruvian presidency nationalized a number of industries andfactories and began hurry them for the profit of the state in to the highest degree cases, these state run jeopardys became disasters. Peruvian politics are facing line with wishing of advance and latest equipmentfor both office as well as sleuthing and then loading and unloading the fis h.Peruvian government efficacy step in during the succeeding(a) couple of years and again put inover the business. If this were to happen, it king plight an additional cristal for theloan to be repaid. If the government were to allow the lapse owner to operate thefleet the way he has over the last decade, the fleet the way he has over the lastdecade, the loan could be repaid within seven years. Peru is located on the west coast of South the States What type of political risks does this fishing company need to evaluate? Identifyand describe them. policy-making Risk can be divided into several types of threats. Interference with operations confiscation (they take a piece of equipment) Expropriation (they take the whole company) Nationalization (they take all the companies in a business sector) Economic instability, which effects deed Currency Repatriation, not universe able to get your capital out Currency Inconvertibility, not being able to exchange your money for another currency of international value (yen, dollars, pounds) start out Repudiation Persistent and deliberate refusal to award obligations as set forth in a Contract What types of integrative and preventative and defensive techniques can the wedgeuse? Some barroom techniques apply to individual banks, independently of the rest of the economy. * A bank can take deposits from depositors who do not observe commoninformation that might spark a run. For example, in the years originally depositinsurance, it made sense for a bank to have a large lobby and fast service, to preventa line of depositors from extending out into the street, ca utilise passers-by to inferthat a bank run is occurring. 1* imprecates can go on customers to make terminal figure deposits that cannot be withdrawnon demand.If term deposits form a high enough percentage of a banks liabilities its photograph to bank runs will be minify considerably. The drawback is that bankshave to pay a higher liaison rat e on term deposits. * A bank can temporarily avoid withdrawals to stop a run this is calledsuspension of convertibility. In many cases the threat of suspension prevents the run,which promoter the threat need not be carried out. 1* Bank regulation or other constraints can impose a backup man ratio requirement,which limits the proportion of deposits which a bank can lend ut, making it less likelyfor a bank run to start, as more reserves will be avairesearch laboratoryle to satisfy the demands of depositors. 5 This practice sets a limit on the fraction in fractional-reserve banking. * Full-reserve banking is the hypothetical case where the reserve ratio is set to100%. Under this approach, the risk of bank runs would be eliminated,11 and bankswould match maturities of deposits and loans to avoid vulnerability to runs. Would the bank be better off negotiating the loan in New York or in Lima? Why?We can call in like that New York Bank is in better position to do negotiation with Limai n their own damage and condition. The spaciousgest problem is that the ships are getting oldand they needs an influx of capital of make repairs and add new technology. As theyexplained it to the new York banker. Fishing is no longer just an art. There is a greatdeal of technology involved. And to keep costs low and be competitive on the worldmarket, you have to have the latest equipment for both mending as well as catchingand then loading and unloading the fish Case 3RED BECOMING THICKERWhy that snowfall is has not been able to make profit in its Indian operations? Coca-Colas operations in India have come under intense scrutiny as manycommunities are experiencing severe pissing shortages as well as contaminatedgroundwater and soil that some asseverate 18 are a result of Coca-Colas bottlingoperations. A massive movement has emerged across India to hold the Coca-ColaCompany accountable for its actions. The state of Kerala imposed a ban of boobs fromthe state only to be quashed by Coca Cola the division is pending in the supremecourt. citation needed The Plachimada represent in Kerala state, one of Coca-Colaslargest bottling facilities in India, has remained omit for 17 months now because thevillage council has refused to renew its license, blaming the company for causingwater shortages and pollution. In the sign period of tantrum the business in India, the COKE was not able tomake profit fromthe Indian operation. This is repayable to a number of factors. The local tribe is not accustomed to drinking cola drinks. The market needs to be developed. The initial bottleneck was the lack of adequate network of distributors. Product diffusion was weak. The poor distribution created negative impaction the market growth. plenty was low. Overheads were growing. The operation profit was negligible. Do you think that gust should continue to stay in India? If yes, why? I would like to describe some points if in order Coke wants to continue its operation inIndia. The allegations in other ways helped Coca-Cola Company, India to show theircorporate social certificate of indebtedness and to maintain good product quality standards. Theinitiatives all over India helped them reach villages for a good cause and overlyin groomly marketed their products with establishing a effrontery among the public.After allthese allegations, the CSE is still not convinced of the quality of the product. Therefore, Coca-Cola must prove that they have upgraded their lab with sophisticatedinstrument which is capable of measuring pesticide residue in soft drinks. As per therecent reports by CSE, they claim that the pesticide residue has gone up 27 timeshigher than expected level by the breast of Indian Standards (BIS)Coke is facing different type of problem in which some are mention below Critical Issues/Problems consentient waste and water issue The communities approximative the bottling plant in Indiacomplained about the passage of sludge as fertilizer , causing health andenvironmental damage. The near important issue concerning these communities isthe depletion of water levels caused by the Coca-Cola bottling operations which havedrastically reduced submitiness of water for irrigation purposes. Pesticides in soft drinks The other issue concerning human health caused by Coca-Cola is that their bottled water and soft drinks contain pesticides which were testedby the reputed NGO, CSE.Dual product standards Coca-Cola is accused of having dual standards in terms of their products and safety measures concerning human health with venerate to USA,Europe and India. Community issue These allegations affected Coca-Cola largely with its sales and alsocaused the closure of one of their bottling plants in Kerala, India. Additionally, Coca-Colas products are banned in the state of Kerala, India. What ethnic adaptations would you suggest to the US expatriate managersregarding their management style?A key reason for the return of expatriat es in the lead the official end of their foreignassignment is the uncertainty and frustration resulting from poor cross-culturaladaptation. The literature provides this general, normative trance without much to sayabout the interpersonal struggle expatriates experience in the employment abroadcaused by cultural differences. Our exploratory study finds that conflicts with co-workers in forces countries occur frequently causing high stress and discomfort, andprovides three specific sources of conflict as recounted by sample managers.Theimplications of our findings include selecting expatriate managers with highemotional intelligence, providing extensive pre-departure cultural fosterage thatconsists not only of cultural facts but also interpersonal skills such as active listening,conflict management, and respectable reasoning, utilizing sensitivity provision techniquesto better prepare managers for new situations, and send the expatriate on one ortwo pre-sojourn visits to infor m themselves with the host culture and workplacenorms even before the actual expatriate assignment begins.An additional implicationis training the host-country workers, particularly those who will work most closely withthe expatriate manager, on home country cultural beliefs and workplace norms. Weaim to stimulate managerial thinking and but research on the workplace conflictsthat challenge expatriates managers. Using the Hofstede and the value orientations cultural models, how can youexplain some of the cultural differences noted in this case? When business consultants and professionals in the field of operations of workplace learning and developmentdiscovered Hofstedes dimensions, applications began to emerge in many areas.The following aremerely a some examples of how the field has translated the abstract theory into a series of concreteapproaches. In expanding their market to the global level with clear and consistent global brand construes acrossnations, marketers are ever confronting the issue of how to deal with different cultural values. ethnic value is identified as an prestigious factor on brand image and is widely accepted as one of the crucial concepts in recogniseing consumer using up value, which determines choices of consuming everyday products and services.Most firms endeavoring to establish and maintainconsistent global brand images, however, adopt a order brand image strategy that usuallydoes not consider individual target markets characteristics, including the concepts of cultural valueand consumption value. This study developed a conceptual framework which incorporated culturalvalue not only as a direct antecedent of brand image, but also as an indirect antecedent of brandimage with consumption value, and empirically tested it using the category of apparel.Following this framework, this study hypothesized the differences in brand image, cultural value,and consumption value between the U. S. and South Korea. Data were gathered thro ugh surveying university students residing in the San Francisco and Seoul metropolitan areas using a conveniencesampling method. A ingrained of 329 completed questionnaires were used in factor analysis,discriminant analysis, and structural equation modeling. The results provide insights intostandardized brand image strategies and suggest some implementable tools that might proveeffective in both countries.Case 4THE ABB PBS reciprocal VENTURE IN OPERATIONWhere does the joint venture meet the needs of both the partners? Where does itfall short? One of the most common instances that encourage learning and sharing is culturaldifferences. In the case study involving the ABB PBS Joint imagine the two companiesfound it rather herculean to understand certain cultural differences. These differencesexisted because the managers and employees of the venture were from the post-communist country of the Czech Republic and were new to the structure of a freemarket economy.The venture had a diff icult time interacting and understanding theculture of the European nations that they were conducting business with. To facilitatelearning and knowledge the managers of the venture had to change the encephalon of employees and develop ways to motivate them to reach the goals of the company. (The ABB PBS Joint Venture in Operation) What lessons one can draw from this incident for better management of technology slays? Technology transfer is the process of exploitation practical applications for scientificresearch.It is a term used to describe a formal transfer of rights to use andcommercialize new discoveries and innovations resulting from scientific research toanother party. It is, regrettably, not uncommon to find big companies and major industrial concernsin the developed countries play a blind eye to the ethical questions when it comesto technology transfer. The need to show profits, the desire to please shareholdersand the compulsion to transfer technology to the South, what ever the outcome, haveblurred the vision and concept of postulate and wrong. Mahatma Gandhi said the solution in India is not mass production, but production bythe masses.Mass production by organized industry has brought in sophisticatedtechnology and militant trade unions, and has been one of the major factors formigration from the rural to the urban areas. The establishment of low-toned scaleindustries, and better facilities for the rural workers, will ease the tension in the citiesand reduce migratory pressures but it will mean less profits. This ill-conceived approach has almost sunk indigenous institutions. Thetechnology input from the developed countries should have strengthened,supplemented and supported the existing, proven structures instead of replacingthem.It has change magnitude dependency on the outside, for spare parts, for expertise and forconsultation, thus controlling and co-opting rather than decentralizing anddisseminating. People forget that what is best a nd most sophisticated could easily bea ball commission on bullock cart wheels, or a simple set of hand tools for villageblacksmiths. - Top of Form Search empennage of Form Search History search Result 00 of 00 00 results for result for ? p.
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