...Case Study 3-2 In the case study 3-2 of Aaker, Kumar, and Day’s book, Marketing Research, it cover’s Sperry/MacLennan Architects and Planners and the evolution of the company from start to present. During this time there were many ups and downs but with creative ideas and marketing research Sperry/MacLennan Architects and Planners have successfully stayed afloat. The company is a Canadian based firm which specializes in recreational facilities. At the beginning business was great; the company had multiple branches to provide a local presence as well as meeting licensing requirements during the baby boom housing era. After awhile though business slowed down drastically, at one point in the 1980’s the company cut staff down to the three remaining partners being Drew, Sheila Sperry, and John MacLennan. During these slow times two employees stayed working unpaid for several months with faith that the company and its partners would rebound. Then in 1983 Sperry won a major turning point, the competition for the aquatics facility for the Canada games in Saint John. With the planning and design work for the aquatic facility the business turned around. Unlike earlier though the company new tough times are always around the corner. With their company being a staple in Canada for complexes and no real competition they new they would need more business than just the few complexes a year. Sperry/MacLennan is looking to expand its operations from the neighboring United...
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...Case Study: The Global Sourcing Wire Harness Decision Calvin Smith Westwood College Professor Rivers MGMT 350 2/8/15 The Global Sourcing Wire Harness Decision 1. Quote 1 Original Wire Quote: Unit price = $30 * Packing costs = $.75 per unit * Tooling = $6,000 onetime fixed charge * Freight cost = $5.20 per hundred pounds Yearly Unit Cost = ((monthly demand*12) * (unit cost + packaging cost)) + tooling charge Yearly Unit Cost = ((60000)*(30+.75)) + 6000 Yearly Unit Cost = (60000*30.75) + 6000 = $1,851,000 Yearly Unit Cost = $1,851,000 Unit Cost = Yearly Unit Cost / Yearly Demand Unit Cost = $1,851,000 / 60,000 Unit Cost = $30.85 Yearly Freight Cost = # of units * unit weight * freight cost Yearly Freight Cost = 60,000 * 10 * .0520 Yearly Freight Cost = $31,200 Unit Freight Cost = $31,200/60,000 = .52 Total Unit Cost = Unit Cost + Freight Cost Total Unit Cost = $30.85 + $0.52 Total Unit Cost = $31.87 2. Quote 2 2. Happy Lucky Assemblies Quote: * Unit Price = $19.50 * Shipping Lead Time = Eight Weeks * Tooling: $3,000 Yearly Unit Cost = ((monthly demand*12) * (unit cost + packaging cost)) + tooling charge Yearly Unit Cost = ((60000)*($19.50+.00)) + 3,000 Yearly Unit Cost = (60000*19.50) + 3000 Yearly Unit Cost = $1,173,000 Unit Cost = Yearly Unit Cost / Yearly Demand Unit Cost = $1,173,000 / 60,000 Unit Cost = $19.55 Monthly Freight Cost = $41,366 Unit Freight Cost = $41,366/5000 = 8.28 Total...
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...Abstract preview Global Sourcing Development at IKEA – a Case Study Paper prepared for the 25th IMP conference Jens Hultman1, Susanne Hertz1, Rhona Johnsen2, Thomas Johnsen2 1: Jönköping International Business School, P.O Box 1026, SE-551 11 SWEDEN E-mail: jens.hultman@ihh.hj.se, susanne.hertz@ihh.hj.se Tel: +46 0(36) 10 10 00 2: Audencia Nantes School of Management, 8 Route de la Joneliere, BP 31222 – 44312 Nantes Cedex 3, France. E-mail: tjohnsen@audencia.com; rjohnsen@audencia.com Tel: + 33 (0)240 37 46 25 Abstract This study explores the dynamic process of global sourcing development through a case study of the Swedish home furnishing giant IKEA and its supply network concerning the PAX wardrobe system. The paper provides a synthesis of the existing global sourcing literature by dividing this growing body of research into three major themes: globalization processes and stages, motives/drivers, and organizational design and management. Moreover, the paper integrates the global sourcing literature with the established literature on the internationalization process of firms. Comparing the existing research on global sourcing and internationalization, we propose two research questions focused on: (1) the ways in which the IKEA global sourcing and supply chain development process resembles a linear stages process, and (2) the principal drivers of the development of global sourcing within IKEA. Relating the findings of the global sourcing process in the case of IKEA, the paper...
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...Global Market Research Case Study Analysis The situation discussed in the case tells of an opportunity afforded Sperry/MacLennan Architects and Planners; the Canadian company was founded in 1972 as a one-man architectural practice and years since then they have become a very respected and profitable company in the field of architecture. It has been recorded in text that Aaker, Kumar & Day (2007) stated, “Eight market niches were identified for Canadian architects in the United States, one of which was educational facilities, in particular post-secondary institutions. This niche, identified as most likely to match S/M’s capabilities, is controlled by state governments and private organizations. Mitch Brooks, a junior partner in the firm, has plans to identify and evaluate other possible markets for S/M’s services as part of his October presentation to the board. Other parts of the United States, or the affluent countries of Europe, where recreational facilities are regularly patronized and design is taken seriously, might provide a better export market, given S/M’s string of design successes at home and the international recognition afforded by the Amherst facility design award.” (Chapter 3). Fortunately for S/M, things began to take a turn in the right direction when their persistence and faith was rewarded in 1983. Sperry won the competition for the aquatics facility for the Canada Games in Saint John. Sperry had gained renowned nationwide acknowledgment for its sports facility...
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...Global Organizational Models Like there are diverse models for the organisational structure accessible however it is complex to settle on a decision that which one is going to function effectively. Bartlett and Ghoshal in 1993 decided four sorts of global association models. They are as per the following: • Decentralized organization • Coordinated organization • Centralized Hub • Transactional Workforce Diversity The most vital test for the IHRM is the method used to manage a diverse workforce from different societies at same working environment. There are numerous investigations being carried out over this issue like Bendick, Egan and Lanier directed an investigation on a similar issue in USA. They inferred that generally the...
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...Global Positioning Sytem Objectives a. To study on the underlying knowledge used in the development of the GPS and how and why the GPS was developed. b. To research on the use of the GPS including the profile and type of user, the purpose it is used for and the developments together with new knowledge created through the use of GPS. Problem statement In this developed society, it is obvious that mankind has arrived at yet another golden era with rapidly advancing technology. The 21st century has appeared that human are at busiest to compete to gain wealth by exploiting all possible resources. However, busy lifestyle has caused issues such as traffic congestion. Time always appears to be a resource easily hit scarcity. This era where information is the riches has invoked the demand of mankind on a tool to navigate so that time will not be wasted when they are lost in traffic. Therefore a tool to guide direction is developed and introduced to the society. Introduction The Global Positioning System (GPS) is selected as the tool in this assignment. Though GPS appears to be a common tool in the society, not everyone understands the process of development gone through by GPS. Global Positioning System is a space-based satellite navigation system that provides location and time information in all weather conditions, anywhere on or near the Earth where there is an unobstructed line of sight to four or more GPS satellites. The system provides critical capabilities to...
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...Voluntary Group Report – 01 Case Study: The Global Sourcing Wire Harness Decision Critically analyze and review a case. The report should discuss the purchasing and supply management activities of the case. Summarize your findings into a report of 1,500-2,000 words (6-8 pages). There will be three cases provided for you to choose from. Additional cases can be used subject to approval. The report should demonstrate understanding of the tradeoffs in the relationships between money, information, goods and services in the context of supply networks as systems. It is important to check the learning objectives provided in this document and align your report with these learning objectives: 1. Demonstrate knowledge and understanding of the major elements, concepts, principles and legal, ethical, sustainability and social responsibility issues in purchasing and supply management. 2. Demonstrate, through class discussion and case analysis, the ability to appraise and critique various means used for the obtaining of contracts, supplier performance monitoring and measurement, supplier relationship management, contract renewal and termination. 3. Demonstrate, in writing, the ability to choose and assess the purchasing and supply management strategies and processes in the public and private sectors, and propose potential improvement strategies and implement actions. Guangdong (pack in container --> ship via inland transportation)--> Port of Shanghai --> Transfer shipment to...
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...George Mason University College of Health and Human Services BS COMMUNITY HEALTH—GLOBAL HEALTH 2015-2016 Catalog Year Date_______________ G#__________________________ Student____________________________________________________ Daytime Phone___________________________ E-mail_____________________________________________________________ Pending AP scores Course recommendations made without copies of transcripts/transfer equivalency worksheet. FALL SEMESTER Fall Course COMM 100 Public Speaking (F,S,#) or COMM 101Interpersonal & Group Interaction ENGH 101 Composition (F,S,#) HIST 100 History of Western Civilization or HIST 101 Foundations of Western Civilization (F,S,#) Natural Science (lab) Fall Course SPRING SEMESTER Credit Grade 3 3 3 Credit Grade 4 GCH 300 Introduction to Public Health Elective 3 3 ENGH 302 Advanced Composition (F,S,#) GCH 310 Health Behavior Theories GCH 332 Health and Disease GCH 360 Health and Environment GCH 335 Applied Health Statistics Fall Course GCH 411 Health Program Planning and Eval GCH 412 Fundamentals of Epidemiology GCH 405 Global Hlth Interv: History and Systems Elective ANTH 381 or PHIL 344 or SOCI 390 or COMM 304 Credit GCH 205 International Health (F,S,#) Natural Science (lab or non-lab) Social Science Information Technology GGS 101 Major World Regions Grade 3 3-4 3 3 3 4 BIOL 124 Hum Anatomy and Physiology I (F,#) or RBHS 270 Hum Anatomy and Physiology...
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...Total Quality Pioneers Paper xxxxxxxx Quality Management and Productivity MGT/449 xxxxxx xxx Introduction People are confronted with scenarios concerning quality nearly every day. The word or notion of quality can be defined a number of ways. Some think quality should be determined by individual standards and expectations, while others believe quality is an ever changing state. Goetsch and Davis systematically broke down the elements of quality and determined that “quality is a dynamic state associated with products, services, people, processes, and environments that meets or exceeds expectations and helps produce superior value (Goetsch and Davis, 2010 p.5).” Whatever ones interpretation of quality might be, the intent of this paper is to more clearly define quality and its elements as well as describe how the quality pioneer's use of the total quality elements made the pioneers successful. Furthermore, this paper will explain why the elements of quality are useful in today’s environment and offer some insight as to what the future of quality might look like. Quality and its Elements Quality is defined with a variety of distinct explanations. Nevertheless, understanding quality is the key. End use consumers that are businesses explain quality unmistakably through the use of standards, specifications, and other measurable features. For instance, an individual in search of a new automobile will make his or her final purchase decision based on the quality...
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...correct patients so that no other competitors steal valued material. This actually makes their products perform better than other competitors. Politically Under Armour needs to promote good and safe work habits. They do not want a negative view like Nike obtained after they were seen utilizing sweatshops to make a deeper profit in the Industry. Even if a few customers find out they are using bad practices, then it shatters the whole reputation and brand image. Socio-cultural and Global Under Armour and other competitors can and have been using a global image to win the customers over. It is very important that Under Armour utilizes the global image of their quality product, for instance, showing their products on a global scale such as providing gear to the NFL and MLB. People are likely to wear what the professionals wear because they want to be like them. It also utilizes product placement in movies, TV shows, and video games that places their product on a global scale. It can also reach a global scale by endorsements made with worldwide know people, such as people participating...
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...with products from manufacturing to cultural resources that promotes worldwide exchanges of ideas, economic impact and global interaction. The major factors which have contributed advances on an exponential scale include transportation in the air, sea, and ground, and the international infrastructure in telecommunications, from fiber optics, global thinking and the World Wide Web2. The processes in globalization has affected small business to large corporations, economics, social cultural resources, including politics from the migration of ideas with support and criticism from cultural differences intertwined with competition. The creativity and innovation from the diverse cultures has exploded into popularity that affect all civilization and lifestyles. Diverse knowledge and the ability to compete on a global scale has changed the way businesses and individuals interact. The advances in technology, with faster cell phone,smartphones, tablets integrated electronics, multi-CPU architect, faster bandwidth from fiber optic infrastructure will continue to integrate businesses and individuals in globalization for years in the future. The consumption of a product, either electronic gadgets, power tools, food or grains, and intellectual property from the east coast to west coast or United States to China or any other country will affect the supply or demand on a global scale instead of locally from state to state, or neighboring...
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...TM-Chapter 1 (Motivations, Means and Mentalities) In this chapter, a number of important questions that companies must resolve before taking the leap to operate outside their home environment. 1. What market opportunities, sourcing advantages, or strategic imperatives provide the motivation for their international expansion? 2. By what means will they expand their overseas presence-through modes such as exports, licensing, joint ventures, wholly-owned subsidiaries, or some other means? 3. How will the management mentalities – their embedded attitudes, assumptions, and beliefs- that they bring to their international ventures affect their chances of success? Operating in an international rather than a domestic arena presents managers with many new opportunities. Having worldwide operations not only gives a company access to new markets and low-cost resources, it also opens up new sources of information and knowledge and broadens the options for strategic moves that the company might make to compete with its domestic and international rivals. However, with all these new opportunities come the challenges of managing strategy, organization, and operations that are innately more complex, diverse, and uncertain. What is multinational enterprise? * Multinational enterprise has substantial direct investment in foreign countries (Not just the trading relationships of an import-export business), and actively manage and regard those operations as integral parts of the company...
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...Introduction One of the most important items about gaming is there are winners and losers (in a fun and entertaining way), which influences and entices players all over the world. All of the variables involved with the networks that provide gaming platforms are so dynamic and diverse. From games that are purely for fun or learning there will be a huge market for deploying bigger networks. This is one reason networks growth should grow exponentially. Below is what I have identified as a gaming or Local Exchange network. “Retrieved from, http://www.psu.com/a018031/” 12/17/2013 Posted January 17th, 2013 at 19:30 EDT by Timothy Nunes “Retrieved from, http://www.hcl-axon.com/Our_Products/gamedge/” 12/17/2013 “Retrieved from, http://compnetworking.about.com/od/homenetworking/ig/Home-Network-Diagrams/Hybrid-Network-Diagram.htm” 12/17/13 By Bradley Mitchell References • Home Wi-Fi Security Checklist Cited in the "Handbook of Electronic Security and Digital Forensics" and other titles! • Fixing Common Internet Connection Problems There's nothing more frustrating than a broken Internet connection. We have some tips that can help. Summary The development of a good gaming network has many components that work to enable the end user to have a full experience of entertainment and enjoyment. Some networks are much smaller which can be setup for home use. The ability to play a...
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...Global Development Division The Global Development division of The Bill and Melinda Gates Foundation was established with the aim to identify and fund high impact solutions that are able to help hundreds of millions of people lift themselves out of poverty, become self sufficient and eventually build better lives. At present, worldwide nearly 2.5 billion people live under $2/day with more than 1 billion suffering from chronic hunger. Even the basic resources of food, water, shelter, and sanitation are in short supply for these people. Naturally, education and healthcare remain to be unaffordable luxuries for them. The Global development division works towards reaching to these people who are most in need. The Global Development division...
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...Global Economic Perspectives Exam II Objective List BASIC CONCEPTS * Exchange Rate Risk * Selling dollar-denominated bonds but not having dollar-denominated sales * China’s real estate bubble * How to avoid: * Currency swaps * Future markets * Currency pegs * Setting the currency equal to a specified value * What factors determine exchange rates (pegging and managed floats) * High interest rates Appreciation & recession – increased demand & price * Stronger currency favors importers (trade surplus) * Low interest ratesDepreciation & Expansion * Weaker currency favors exporters (trade deficit) * The role of the IMF * Make emergency loans to countries with balance of payment problems * Ensures stability of national monetary system * Fiscal Policy * Government changing taxes and/or government spending in effort to increase or decrease business activity * Expansionary FP leads to increased spending but downside is budget deficits * Contractionary FPleads to budget surpluses or smaller deficits * AKA Austerity (attempt to shrink growing deficits) * Monetary Policy * Central Banks changing the MS to increase or decrease the availability of credit in an effort to increase or decrease business activity * Primary tool is Open Market Operations * Buying and Selling short...
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