Global Management Essay

360 words - 2 pages

Mini Assignment 1 – McCain Foods Limited
1. If you were in charge of the Asian operations for McCain, how would you recommend the company overcome the challenges in the Chinese market?
If I were in charge of Asian operations for McCain, I would take an advertising approach to overcome challenges in the Chinese market. The most effective way is to have famous figures/celebrities as the face of McCain. This method has been proven successful in other advertising campaigns, such as Yao Ming in the anti-shark fin consumption campaign and Jay Chou/Kobe Bryant in ...view middle of the document...

It can thus be concluded that the use of celebrities or famous figures will lead to popularity in a product. As well, the price of McCain products will have to initially be very low, as a conservative society will not want to spend a lot of money on an unknown item.
2. Drawing from Hofstede’s work on global cultures, what challenges might Canadian managers at McCain face when interacting with their Chinese business colleagues?
Hofstede’s works on global cultures are masculinity-femininity, uncertainty avoidance, individualism-collectivism, and power distance. The Canadian managers at McCain might end up with different point of view on individualism and collectivism when working with their Chinese business colleagues. The Canadian managers have lower collectivism than the Chinese business colleagues, because the Chinese colleagues are expected to work collaboratively compared with Canadian managers who look more after themselves. On the other hand, the Canadian managers might also face different power distance challenge when interacting with their Chinese colleagues. Since the Canadian managers are more resourceful and democratic and the Chinese are more autocrat. Moreover, the Chinese have femininity than the Canadian. The Chinese colleagues care more about others comparing with the Canadian manager who focuses more on material success.

Other assignments on Global Management

Henisz, Witold J., (2012) “Summary Of Global Strategic Management Frameworks, ” Ghemawat’S Aaa And Varieties Of Capitalism

1526 words - 7 pages MGMT 611 Class 19 Henisz, Witold J., (2012) “Summary of Global Strategic Management Frameworks,” Ghemawat’s AAA and Varieties of Capitalism Ghemawat’s AAA  Global Strategy examines the additional opportunities, challenges, and tradeoffs posed when a company crosses national borders  Ghemawat contends that to create, capture, and sustain rents in international operations firms have three strategies they can deploy at the product level to

Global Operations Essay

507 words - 3 pages Global Operations Management Globalization strategies haves changed the face of international business. The Internet and technological advances have opened doors for smaller organization to participate in the global market. Today with all the advances in technology more companies have become more global in their commercial activities. Ease of access to new markets for supply and demand, faster and more reliable global transportation, greater

Global Finance

3346 words - 14 pages Global Finance, Inc. is an international organization with expansions in many states. In every state, the company has a number of sites and each site has several workers and customers. Offices are interconnected to each other and to the host organization. As an international organization, Global Finance, Inc. requires a robust network that can support its daily operations, a secure network system and efficient network management strategies

Global Marketing

2165 words - 9 pages Global Marketing Strategies   Contents TASK 1 2 1.0. INTRODUCTION 3 2.0. HOW CREDIT CRUNCH WILL AFFECT INTERNATIONAL BUSINESS? 4 3.0. RECOMMENDATIONS TO OVERCOME THIS CREDIT CRUNCH 6 4.0. CONCLUSION 7 5.0. BIBLIOGRAPHY 8 TASK 1 Discuss the likely effects to international/global business by the recent credit crunch. Suggest ways to overcome these problems. 1.0. INTRODUCTION Credit crunch is an economic downturn

Global Communication

1745 words - 7 pages Running head: GAP ANALYSIS: GLOBAL COMMUNICATIONS Gap Analysis: Global Communications Your Name Goes Here University of Phoenix Gap Analysis: Global Communications [Triple click anywhere in this sentence to begin typing your introduction.] Situation Analysis Issue and Opportunity Identification [Triple click anywhere in this sentence to begin typing.] Stakeholder Perspectives/Ethical Dilemmas [Triple click

Global Supply Chain

3989 words - 16 pages in port production nowadays have been a motive for the development of different management approaches (Chlomoudis et al, 2005)The TQM principles and methods might be more relevant, as an overall long-term strategy, for seaports involved in global transport competition environment where customer orientation is of importance. (Chlomoudis & Lampridis, 2006) This goes to show the measures that the MPA has taken as far as the adoption of Total

Global Business Opportunities Project:


Global Business Environment

3406 words - 14 pages and sustainable competitive advantages in the future. Finally, come up with a conclusion of the report including of summary of the problems that Panasonic have been involved in as well as strategies in the coming future. 2 Analyses of Localization Management of Panasonic in China 2.1 What’s localization? Localization can be referred to a business strategy that multination enterprises implemented in the current global business environment


920 words - 4 pages money situation very well and keep his campsite running strong. Overall I think everything he did was executed very well and he handled the situation very professionally. Stakeholder | Stake in the project | Impact | What do we need From them? | Perceived attitudes / risks | Stakeholder Management Strategy | Responsibility | My Boss | Responsible for fixing sewer | High | Find the best way to fix the problem | Fix it as cheap as


751 words - 4 pages 1. Among the twelve “pillars” of competitiveness, how can you explain the strengths and weaknesses of nations in the basic factor, efficiency, and innovation stages? Can you give an example of three nations, one in each stage, explaining the main factors relating to its’ competitiveness? The factor-driven stage: Zimbabwe Zimbabwe remains relatively stable at 131st position. Public institutions continue to receive a weak assessment

International Law And Global Market

2749 words - 11 pages International Law and Global Market Name Bus 311 Business Law Instructor Date In this research paper, I will talk about International Laws and the Global Market. We will define International laws and its power. Questions like why are there international laws also will be answer. Who creates International laws and who enforces them? Are they really necessary? All this questions will be answer and explained. We will also talk about the

Similar Documents

Global Supply Chain Management Essay

1595 words - 7 pages SPD4198 Global Supply Chain Management Lecture 7: Strategic Alliance and Outsourcing SPEED, HK Polytechnic University Lesson Seven Strategic Alliance and Outsourcing Barilla SpA Part A Strategic Partnership 2 Barilla Spa Part A Barilla SpA is the world’s largest pasta manufacturer The company sells to a wide range of Italian retailers, primarily through third party distributors During the late 1980s, Barilla suffered increasing

Project Cost Management And Global Challenges

539 words - 3 pages . This is the latest development in the field of project management. The global issue relates with the fact that there are many countries that have not yet incorporated the latest technology in project cost management. (Xiao, 2014). This makes it difficult to establish global project management practices, as the same use of technology is not there. The article states that the lack of common practices and professional standard is an issue that affects

Strategic Resource Management In Global Environments

2333 words - 10 pages Strategic Resource Management in Global Environments General Electric, or GE, is one of the most innovative companies in the world and leading U.S. manufacturing company that primarily specializes in the Engineering Industry. GE can trace their lineage back to when they were founded in 1892 with Thomas Edison as one of their four founders. In 1896, General Electric was one of the original 12 companies listed on the then newly formed Dow

The Global Environment Of Business: New Paradigms For International Management

5311 words - 22 pages and adds difficulties to the creation of appropriate procedures for global reporting and enforcement. CSR has become a central management issue in a world where public expectations, legal requirements, and social needs all differ significantly among nations and where the MNE must continually reconcile its universal ethical positions with nation-specific realities. A major force underlying the CSR challenges in international business is the