Operations in a Global Market

MGT 305

China's large and growing economy has global operators salivating to participate. Many companies want to locate facilities in China. However, many issues remain--some of which may temper operating managers' optimism. Refer to this article in The Economist describing economic growth in China and China's effect on the global economy. 

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Answer the following questions:

1) Historically it has been popular to outsource manufacturing to China because it was inexpensive to do so. Is this still the case? What factors in particular are driving production costs in China?

2) Which provincial areas of China have developed reputations as strong manufacturers? What helps explain the success of these provinces (compared to other provinces in China) in developing manufacturing competence?

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3) Are rising labor costs in China to be expected? Explain your answer.

4) Why are many operators hesitant to move business away from China despite rising costs? How does our concept of 'lock in' apply?

5) Ultimately, do you think that cost trends in China are a net positive or net negative for the US? Explain

Submit your answers in a memo format, although you may answer these questions as they are numbered. One page maximum!

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De Beers Diamond Company

Assignment 1: Social Performance of Organizations According to the textbook, the current world economy is increasingly becoming integrated and interdependent; as a result, the relationship between business and society is becoming more complex. 

Use the Internet to research one (1) of the following organizations: De Beers Diamond Company Write a eight (8) page paper in which you: 

1. Specify the nature, structure, types of products or service of your chosen organization, and two (2) key factors in the organization’s external environment that can affect its success. Provide explanation to support the rationale. 

2. Examine three (3) salient stakeholders of the chosen organization based on their key roles and relationships with the company.

3. Suggest five (5) ways in which the primary stakeholders can influence the organization’s financial performance. Provide support for the response.

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4. Specify one (1) controversial corporate social responsibility concern associated with your selected organization.

 

5. Assuming you are the leader of the most influential stakeholder group, outline a plan to form a stakeholder coalition to force the organization to address your chosen controversial issue. The plan should include the key steps that you would take to identify members for your coalition group, the major reasons why you believe that the particular target group can help you to accomplish your goal, and the method you would utilize to foster collaboration among the various groups you target. 

6. Assume the role as the leader of the most influential stakeholder group, and indicate three (3) potential challenges that you may face in encouraging stakeholders to form a coalition to help you achieve your goals. Suggest the significant steps that you would take in order to overcome these challenges that you have identified. Justify the response. 

7. Use at least four (4) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.

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