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- The qualities needed to make businesses competitive are changing in the global economy, and Human Resources play a critical role in this process. Businesses must make their decisions make sense financially but also strive to balance financial goals with what is best for their employees and customers. Examine the costs and benefits of a company managing the following factors: · Absenteeism · Training · Productivity · Turnover · Employee diversity (including gender, age, race, education, experience, disability, religion, sexual orientation, or ethnicity) Based on this information, respond to the following questions: · What are the direct costs? · What are the indirect costs? · How are these elements measured? · Are the programs instituted created voluntarily by the company or initiated for legal requirements? · What steps are necessary to determine if managing each factor makes financial sense? Present any applicable program examples you may have to support your…The Cemex case concerns: A. an example of international expansion thought franchising B. the ethics of bribery C. the ethics of smuggling D. cement buildings collapsing in foreign countries E. an example of international expansion through foreign direct investmentYou were asked by the Industrial Relations Association of your country to prepare an impactful journal article with the details outlined below: · Compare and contrast at least two (2) tenets/elements of Industrial Relations (IR) in Japan with the way IR exists in the Caribbean. ·
- 9. What is the environment where a firm conducts business known as A) Global business environment B) Economic environment C) Domestic business environment D) Technological environment 10. What is the willingness and ability of producers to offer a good for sale referred to as? A) Private enterprise B) Supply C) Free market economy D) Law of supplyAssessing a Global or International company using the Competing Values Framework (CVF). Imagine you are a group of international consultants and the firm has engaged you to review their culture and effectiveness and propose any necessary changes to enable the company to fulfil its objectives. Your first task will be to identify a suitable company which has enough data in the public domain to allowyou to do your analysis. In your analysis you need to cover the history of the firm(origins) as well as the current state. Finally you need to articulate the desired future state you propose is necessary, and why listing some concrete actionsteps to implement the needed changeYou are hired as a consultant by Vikings Inc. to prepare a report based on the undermentionedcriteria.You will choose a known Caribbean Company in the manufacturing sector and itsproduct/service with information available on the internet, that does not currently operate outsidethe region. You will conduct a comprehensive study of the international business environment,that is, the geography, culture, government, history, economics, and politics of a new country,outside of the region, from which you believe the company and its product/service could operateprofitably. Propose a strategy for internationalization. Looking particularly at entry strategies thatcould be utilized as discussed in the course. You will need to keep in mind the domestic realitiesof the company and its product/service by conducting a situation analysis to start. You are alsorequired to suggest an international strategy after an analysis of all strategies discussed in thecourse.
- You were asked by the Industrial Relations Association of your country to prepare an impactful journal article with the details outlined below: · Compare and contrast at least two (2) tenets/elements of Industrial Relations (IR) in Japan with the way IR exists in the Caribbean. Use at least two (2) illustrations examples to indicate and clarify why one region would be your choice over the other.With relevant examples, discuss the role of Information Technology (IT) as a strategic management tool for organisations in the contemporary business environment. 2 .Globalisation is on the rise as many organisations increasingly involve in international businesses mainly through exporting, expanding operations to foreign markets through foreign direct investment, licensing, and more. Discuss the relevant factors organisations can analyse in a global context. 3. Discuss the benefits and limitations of microenvironment analysis.A. What means can managers use to assess political risk? B. What is the relative effectiveness of these different methods? C. what countries or areas do you feel pose political risk sufficient to discourage you from doing business there?
- create a report that achieve the following objectives:Knowledge1. Describe the international business environment in the Caribbean.2. Evaluate the environment in which international business is conducted.3. Differentiate the international opportunities and challenges facing Caribbean firms.4. Identify current issues affecting the conduct of international business, particularly forCaribbean firms.5. Evaluate the impact of globalization on strategy formulation and implementation ofCaribbean businessesSkills6. Formulate an international strategy including applying different modes of entry into aforeign market for an existing or fictitious company.7. Integrate issues of cultural and societal diversity into the international business decisionprocess.8. Develop strategies for leveraging cultural diversity into business operationsAttitudes9. Appreciate the implication of current world events for the practice of international business. choose a product from a corporation and assess the…create a report that achieve the following objectives:Knowledge1. Describe the international business environment in the Caribbean.2. Evaluate the environment in which international business is conducted.3. Differentiate the international opportunities and challenges facing Caribbean firms.4. Identify current issues affecting the conduct of international business, particularly forCaribbean firms.5. Evaluate the impact of globalization on strategy formulation and implementation ofCaribbean businessesSkills6. Formulate an international strategy including applying different modes of entry into aforeign market for an existing or fictitious company.7. Integrate issues of cultural and societal diversity into the international business decisionprocess.8. Develop strategies for leveraging cultural diversity into business operationsAttitudes9. Appreciate the implication of current world events for the practice of international business.The impact of Artificial intelligence (AI) on the global economy. Discuss