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Homework answers / question archive / Part 1 assume you work for a multinational producer of fruit beverages that wants to expand its supplier base to include fruit farmers in Nicaragua
Part 1
assume you work for a multinational producer of fruit beverages that wants to expand its supplier base to include fruit farmers in Nicaragua. Address the following:
Part 2
examine the key challenges in finding global developers that Ms. Purnama may encounter. Speculate on whether elements of culture would affect the behavior of the developers she chooses
Part 3
Since June last year, your company has experienced challenges in hiring plant workers for its electronic manufacturing plant in Guangzhou, China due to competitors' new manufacturing plants in the area. You have been assigned to head the HR department for the plant.
Part 4
Imagine that you are taking a trip to visit a prospective customer located in your chosen country for three days. For the first day, the company president and executives have asked to meet during the day to show you the plant and take you out for dinner and entertainment at night. You will be in meetings the first two days. Your company will give you a corporate credit card and expect you to take the potential clients out on the third day for socializing. From the discussion preparation, outline a seven-point strategy for negotiating the business for your company while you socialize with the executives of the plant.
Part 5
Rank the three& most important concepts that you have learned in this course in order of significance (one being the most important; three, the least). Provide a rationale for your ratings
Part 1
Community participation is ideal for any project launch, as their involvement may help solve some of the problems that may arise. One of the issues to be identified is the environmental impact of setting up the fruit processing plant. A transparent discussion must be done with the local community to ensure the company's existence does not affect its livelihood and natural resources (Leivas et al., 2020). Secondly, the supply of the essential raw materials, fruits, has to be addressed. The company has to source the fruits from the local community. Engaging them to ensure quality products and at a fair price is essential. The provision of a labor force has to be discussed with the community to boost expansion. It is essential to highlight this so as the community feels involved and part of the company, which boosts the company's growth.
Part 2
Finding a suitable developer may encounter various challenges. One is the difference in global governance in various countries that may affect developers' will to invest. Policy and regulations that exist may also be challenging for developers to engage the company. The existence of human rights issues may influence global developers to hesitate to engage. Ethical and cultural issues and differences may make it difficult to find a suitable developer. Cultural elements can be through how a company is managed, ethical standards, and even the financial capabilities that may make the developer be appealing to the market.
Part 3
Competitors may have a better position in the recruitment of workers. The company HR can plan to attract a more talented workforce by one, improving the company's reputation in the global labor force. This can be through an excellent online presence and reputation, better employee and employer relations. Creating good company culture may help to attract and retain the essential workforce. Creating definite job titles and reasonable wages and salaries may help attract the needed workforce (Cattermole, G., 2019). This plan is based on a new entrant spending more resources to ensure the company stands out amongst the existing competitors.
Part 4
Good negotiating skills improve employability. These negotiating skills include being a good listener and understanding the side of the other party. Being prepared and in an excellent position to understand the whole business. Even if it is through socializing, ensure the whole process remains professional. Also, understand the dynamics and requirements of the deal that the limits sets. Always be able to offer the draft of the contract that the negotiation can be based on. The negotiation requires knowing when to walk away from any bad deal and being able to avoid the need to lose during the negotiation (Martin-Raugh et al., 2020).
Part 5
Business planning can be identified as an essential part of any business launch. Good planning engages the financial aspects and the engagement of the stakeholders. Secondly, proper sourcing of partners and developers is essential in business and will help overcome any challenges within the region. Finally, having a good human resource department may help employee attraction and create good negotiating skills.
