Free

International relocation for Magnitogorsk Iron and Steel Works - Essay Example

Comments (0) Cite this document
Summary
Magnitogorsk Iron and Steel Works (MMK) is currently searching for viable international relocation sites for sustaining business outside of Russia. Initial research identified several potential locations, including Durham, North Carolina, Tucson, Arizona and Manchester, New Hampshire. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.5% of users find it useful
International relocation for Magnitogorsk Iron and Steel Works
Read TextPreview

Extract of sample "International relocation for Magnitogorsk Iron and Steel Works"

Relocation Proposal BY YULIYA YOUR SCHOOL HERE January 4, 2007 Relocation Proposal Introduction Magnitogorsk Iron and Steel Works (MMK) is currently searching for viable international relocation sites for sustaining business outside of Russia. Initial research identified several potential locations, including Durham, North Carolina, Tucson, Arizona and Manchester, New Hampshire. Each of these potential locations maintained their own unique environmental, cultural and economic incentives which may have appealed to MMK objectives for profitability and sustained growth. However, Manchester, New Hampshire maintains the best quality mix for relocation potential due to the positive business climate which exists in this region, making this the proposed relocation destination.
The Incentives
Manchester, New Hampshire is strategically located along several rivers, which will provide lowered logistical costs in relation to the physical transportation of materials. As a focus of supply chain management, which is categorized by the physical management and movement of raw materials, finished goods, and various parts needed to run the business (Nickels, McHugh & McHugh, 2005), the city’s proximity to shipbound distribution makes this ideal for managing materials and cost. The company will be able to select transport on the Merrimack River, the Cohas Brook, and the Piscataquog River. Railroad access is also a viable alternative in the event that materials cannot be moved via waterways (ManchesterNH.gov).
In addition, Manchester offers various properties suited for economic development, relocation assistance, financing and tax credits as economic incentives to assist revenue flow in the local region. Especially in difficult economic times, Manchester’s rather liberal assistance and incentive programs will aid in maintaining short-term profitability by avoiding high relocation costs.
Quality of life is also evident in Manchester, which will be a positive motivational aspect, from a lifestyle perspective, for any international expatriate employees who will be required to assist in developing the new American facility. As expatriate assignments are generally long-term (Mathis & Jackson, 2005), quality educational facilities are available for school-aged children as well as 900 acres of parks, playgrounds, swimming facilities, beaches, and ski regions (ManchesterNH.gov). For managers or employees willing to transfer from Russia to this newly-explored region, Manchester will provide a wide variety of leisure activities and cultural events which are well-designed to suit virtually any lifestyle preference.
All of these incentives greatly serve to enhance future objectives for Magnitogorsk, offering the business a wide variety of improvement and expansion opportunities, as well as providing the local community of Manchester with new employment opportunities. In addition, the existence of MMK in Manchester will provide local citizens with new industrial products which serve to enhance the community and lifestyle by providing quality steel and iron products for a variety of building needs.
Demographic Analysis
The pie chart below represents the demographic mix of cultures which exists in Manchester today, representing a somewhat diverse blend of communities and belief systems.
References:
Nickels, W., McHugh, J. & McHugh, S. (2005). Understanding Business. 7th ed. McGraw
Hill Irwin: 476-478.
Manchester, New Hampshire Government. (2008). “Area Profile”. Retrieved 03 January
2008 from http://www.manchesternh.gov/Leisure/areaprofile.html
Mathis, R. & Jackson, J. (2005). Human Resource Management. 10th ed. Thomson South-
Western. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International relocation for Magnitogorsk Iron and Steel Works Essay”, n.d.)
International relocation for Magnitogorsk Iron and Steel Works Essay. Retrieved from https://studentshare.org/human-resources/1543950-international-relocation-for-magnitogorsk-iron-and-steel-works
(International Relocation for Magnitogorsk Iron and Steel Works Essay)
International Relocation for Magnitogorsk Iron and Steel Works Essay. https://studentshare.org/human-resources/1543950-international-relocation-for-magnitogorsk-iron-and-steel-works.
“International Relocation for Magnitogorsk Iron and Steel Works Essay”, n.d. https://studentshare.org/human-resources/1543950-international-relocation-for-magnitogorsk-iron-and-steel-works.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF International relocation for Magnitogorsk Iron and Steel Works

International Ductile Iron Pipes Co. Ltd (INDIPCO)

...? Internship Report International Ductile Iron Pipes Co. Ltd (INDIPCO) College: Presented Table of Contents Table of Contents 2 0 Introduction 3 1.1 Company Background 3 1.2 Current main Projects 3 2.0 Plant operation Process 4 2.1 Mold Preparation and Maintenance. 4 2.2 Molten iron Preparation 5 2.3 Centrifugal casting 5 2.4 Making cores 6 2.5 Annealing 6 2.6 Hydrostatic testing and finishing 7 2.6.1 Zinc coating process. 8 2.6.2 Cement coating 8 2.6.3 Bitumen coating 9 2.7 Marking, Parking and Shipping 9 2.8 Tests on Pipes 9 3.0 Knowledge Gained 10 3.1 Materials, Process and Applications 10 3.2 Process Automation 12 3.3 Management style 13 4.0 Conclusion and Recommendations 14 5.0...
10 Pages(2500 words)Essay

( Construction field ) differences between iron and steel

...not be suitable for other works. For foundation works heavy weight steel structures are necessary whereas for other works, light weight steel structures are preferred based on the characteristics of a particular construction. Apart from steel, cast iron and wrought iron are the major industrial iron types. “Wrought iron is the nearly purest form of iron. A commercial iron consisting of slag (iron silicate) fibres entertained in a ferrite matrix. Wrought iron has 0.12-0.25% C and less than 0.5 % S, P and...
4 Pages(1000 words)Research Paper

Native American Relocation

...victim where one of their soldiers suffered a slight injury. From this pioneering clash between the civilian rifles and the British Brown Bess muskets, it was the British side that took victory home. Their leader, Pitcairn was not happy with the action took by his soldiers where they fired without first awaiting his orders. But it was a blessing in disguise to him- at least his formally trained side had shown professionalism by proving their superiority to the civilian side. (Johnson, 2006 p25) Work Cited: Johnson, Clint. Colonial America and the American Revolution: The 25 Best Sites. Edition illustrated. ASDavis Media Group. (2006). p25. Murrin, John M. et al. Liberty, Equality, Power: A History of the American People:...
3 Pages(750 words)Research Paper

The campus sculpture relocation

... the health hazards that may arise due to such pollution. The security for the fountain should be put on the forefront. The overriding importance of the space occupied by these structure when put on the weighing balance with the advantages owing to the fountain leave no question to the proposal of relocation of the fountain. Work Cited Frankfort, Henri. The art and architecture of the ancient orient. London: Penguin. 1997. Print.... The Campus Sculpture Relocation Relocating art is sometimes a challenging task given the repercussions thataccrue to the fragility of such materials. Relocation may lead to the damage of sculptures as they may become loose and detached (Frankfort 14). With these...
3 Pages(750 words)Essay

Geographical Relocation

...nlysis of th country of rloction (th conomy of Spin, tx nd hlthcr systm, insurnc nd politics), providing ovrviw of living nd working conditions nd invstigting th wys tht my fcilitt th rloction nd dpttion procss of workr who xptrit from London to Mdrid. Whn providing th rport I will mk n ccnt on th policy of our orgniztion tht clrly idntifis its gols in ch stg nd thus will rsult in bttr intrntionl prformnc of xptrits. Trining should nvr focus primrily on bnfiting th individul xptrit. Rthr, it should cntr on mting th orgniztion's gols. It should try to mtch th xptrit's knowldg, skills nd comptncis with thos rquird for ch prticulr ssignmnt. Lik most othr trining, its succss should b msurd by how much th orgniztion bnfits,...
10 Pages(2500 words)Coursework

Geographical Relocation

..., which covеrs thе issuеs rеlаtеd with thе еxpаtriаtion procеss of thе workеr from London, UK to Mаdrid, Spаin. Hеrеin, I аim to аnаlysе thе cаsе of such а rеlocаtion, whеn mаking аnаlysis of thе country of rеlocаtion (thе еconomy of Spаin, tаx аnd hеаlthcаrе systеm, insurаncе аnd politics), providing ovеrviеw of living аnd working conditions аnd invеstigаting thе wаys thаt mаy fаcilitаtе thе rеlocаtion аnd аdаptаtion procеss of а workеr who еxpаtriаtе from London to Mаdrid. Whеn providing thе rеport I will mаkе аn аccеnt on thе policy of our orgаnizаtion thаt clеаrly idеntifiеs its goаls in еаch stаgе аnd thus will rеsult in bеttеr intеrnаtionаl pеrformаncе of еxpаtriаtеs. Trаining should nеvеr focus primаrily on...
8 Pages(2000 words)Essay

Final proposal

...and Steel Works (MMK) is currently searching for viable international relocation sites for sustaining business outside of Russia. Initial research identified several potential locations, including Durham, North Carolina, Tucson, Arizona and Manchester, New Hampshire. Each of these potential locations maintained their own unique environmental, cultural and economic incentives which may have appealed to MMK objectives for profitability and sustained growth. However, Manchester, New Hampshire maintains the best quality mix for relocation potential due to the positive business climate which exists in this region, making this the proposed...
4 Pages(1000 words)Essay

Relocation Stress Syndrome

...Relocation Stress Syndrome Relocation Stress Syndrome Sherri Melrose s in her article d Reducing Relocation Stress syndrome In Long Term Care Facilities that one of the possible issues that care givers, patients and their families experience due in health care settings is relocation stress syndrome (Melrose, 2004). She states that relocation may disturb cognitive as well as physical balances of the patient during the initial year of his transfer to a care unit that provides long-term care. She states that during the initial three months of the transfer, both the patient as well as their family may express feelings that are negative in nature due to...
1 Pages(250 words)Essay

Andrew Carnegie (U.S. Steel originally Carnegie Steel )

...Andrew Carnegie (US Steel- Originally Carnegie Steel Company) of the Management of the Concerned April 9, Andrew Carnegie (US Steel- Originally Carnegie Steel Company) There is no denying the fact that the unique management style of Andrew Carnegie was pivotal in the success of the US Steel. As in the initial stages of his career Andrew Carnegie worked for the Pennsylvania Railroad, the management acumen of Carnegie stood in identifying the fact that the future locomotive, rail and bridge manufacturing operations will require steel (Krass, 2002, p. 115). So he aptly responded to this potential demand by starting the US...
1 Pages(250 words)Research Paper

Iron Mineral

...Iron and its Effects in Human Bodies Objectives: a) To compare and review two common biochemical laboratory tests for diagnosing iron disorders and assessing iron status, namely, serum ferritin test and transferrin saturation test b) To consider the effect of RDI/AI/DRA on the amount of iron to be taken. c) To determine the importance of iron nutrients in human bodies. Functions of Iron in Human’s Body Acts as an oxygen-carrier in hemoglobin. Maintains healthy skin, hair, cells and nails. Biochemical Tests or Assessment of Iron’s Status in the Body Such tests are recommended since iron is a very important...
6 Pages(1500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic International relocation for Magnitogorsk Iron and Steel Works for FREE!

Contact Us