Unable to sustain business by focusing on its traditional core products, such as wiper blades, fan belts and air filters, Cameron Auto Parts realized that it needed to diversify its product line and capture market share with new product development and sales strategies. This was highly difficult due to external market conditions, which were unfavorable and in the midst of a recession, and the high costs of research and development. Coupled with ongoing sales losses, Cameron had many risks in trying to develop new products to capture new market attention.
In 2003, after recovering modestly from two years of losses, Cameron suddenly witnessed an explosive growth in the costs associated with selling and administration. This was due to the costs of developing new sales strategies and sales team, along with higher salary budgets for design concepts for diverse new products. The high costs of research and development put Cameron in a difficult cash position where they were unable to reach new markets because of cost issues.
However, after finding success, finally, in keeping costs of new product development low and recruiting the talent needed to build a new product line, sales began to increase. Cameron Auto Parts began to consider different licensing agreements with foreign suppliers and manufacturers in an effort to get their product to international markets. However, there are costs associated with these agreements and Cameron wondered whether these royalty costs would actually be worth the investment. Deciding to take a chance, Cameron worked out a licensing agreement with a foreign facility to take on the role of selling and producing licensed products.
During this time, sales of the new product began to take off, bringing new profit opportunities, however the business did not have the operational capacity to support ...
Cite this document
(“Multinational Business - Case study analysis Essay”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/394441-multinational-business-case-study-analysis
(Multinational Business - Case Study Analysis Essay)
“Multinational Business - Case Study Analysis Essay”, n.d. https://studentshare.net/miscellaneous/394441-multinational-business-case-study-analysis.
For any organization, leaders should have that kind of qualities and characteristics to persuade others to perform the work. Leaders are the most influential and inspirational personalities in an organization and are able to exercise enough control over the tasks performed by the people (McGovern et al, 2008).
Motivating different people with different cultural values is often not an easy feat. Leaders who are effective are expected to know the relationship between motivation and culture in a bid to understand their employees’ needs as well as goals. Against this background, this case study seeks to establish the effectiveness of motivation across cultures using theories such as those of Trompenaars and Hampden-Turner; Hofstede or Hall or other suitable cultural theories to solve the problems likely to be faced by Google.
the Old International Office 5 Effectiveness of the Federal Framework 7 WVI Board and AIDS Hope Initiative 11 Recommendations 12 References 13 World Vision International The case analysis of organisational challenge in multinational management is conducted over a non-governmental organisation of international pursuit.
Reflection 9 5. Recommendation 10 6. Conclusion 11 7. References 12 1. Executive Summary Every organization requires maintaining cultural diversity in order to promote internationalization at local level. This can have positive as well as negative impact on the performance, profitability and productivity of the organization.
But from then on, spiraling oil prices resulted in a customer shift away from the big GM cars to more fuel-efficient small Japanese cars. Even though GM has successfully adopted Japanese lean manufacturing technology, thereby reducing defects per car, inventory holdings and costs, its competitors - the American, Japanese and European - have fared better.
Also, size matters for an enterprise for its viability, scales of economy and better synergy. Bigger an enterprise more robust it will be with better chances of survival. That is where Mergers & Acquisitions becomes an economic imperative. A greenfield unit in a core sector will take anything up to 5 years for implementation and another few years for integration into the system.
If the Foreign direct Investment is taken as a key indicator of economic progress and political stability, then Ireland has shown some promising signs over the last few years. The rest of the essay is an attempt to understand the conditions
If a contract containing an exclusion clause is freely negotiated and concluded, the courts may uphold the clause. This freedom between the parties to enter into bargain of their choice, free of interference from the courts symbolizes one of the basic
blish business in different countries across the globe but of notable concern is that employees from these different regions have different cultural values. Motivating different people with different cultural values is often not an easy feat. Leaders who are effective are
11 Pages(2750 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Multinational Business - Case study analysis for FREE!