Nobody downloaded yet

Global Operation Management - Essay Example

Comments (0) Cite this document
Summary
The Huawei Company in China Introduction Huawei Technologies Corporation (Huawei) was launched in Shenzhen, China, in1988 as a private corporation at the commencement of China’s trade and industry restructuring programs and technical advancement. At present, Huawei has grown to be a high-technology multinational corporation that supplies telecommunication services, and network products…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
Global Operation Management
Read TextPreview

Extract of sample
"Global Operation Management"

Download file to see previous pages There are also more than 25 training centres distributed throughout the world. The official Huawei report of 2007 revealed that the corporation had realised US$12.6 billion in that financial year. Huawei’s overseas profits had increased by 60.4% from the previous year. Huawei’s evident success in such a competitive industry stems from its ventures in the local market. In 1988, Huawei began with a modest capital of RMB 20,000. It participated in reselling telephone switchboards for a period before it started producing its own products. In 1990, the Huawei Corporation invested its capital in channelling proceeds into a branch of research and development into creating its own telephone switches. In 1992, Huawei introduced its new digital switch product which came from its own design and development facilities. The company proceeds that year exceeded RMB95 million. The Huawei Corporation then made the decision to invest more capital in more research and development, which resulted in assisting the corporation to corner the telecom market in China. At the start of the 90s, the Chinese telecom market dominated by equipment providers from the Western democracies. When the Huawei Corporation first introduced its products, it had to deal with the business rivals right in its own nation. Most Chinese consumers of electronic products viewed the products manufactured in the West as having more value as than any goods that were manufactured domestically. The Huawei Corporation at first concentrated on reaching the populations in rural China with its products. This is because these areas were not viewed as having many people interested in electronic products by the multinational corporations that dealt in electronic products. In these areas, Huawei slowly acquired a respected brand name, thus generating a faithful clientele. Then, Huawei then began to market its electronic products, as well as software, to average sized municipalities. The move to corner the market in the bigger towns would come later. The Huawei Corporation experienced a considerable measure of success because the Chinese government, then, viewed the growth of the telecommunications industry as an important part of the nation’s economic objectives. The government of China extended a lot of support in terms of financial investments and policy to the Huawei Corporation. The 90s were actually the golden era of the development of the telecom industry in China. Between 1991 and 1999, the proceeds from the telecommunications industry increased by 2050%. With the support of the government, the Huawei Corporation successfully made use of the chance to be the foremost supplier of electronic goods in China. By 1996, Huawei was realising profits of RMB2.6 billion on an annual basis, making it the leading provider of telecom goods in China. The excellent performance of a corporation in its own nation is generally a fact that stimulates it towards internationalisation. The Huawei Corporation was not contented to dominate the Chinese domestic market, but wished to compete in the international arena against bigger rivals. There were some reasons for this. Even though the telecom industry in China had great potential, fierce competition among corporations that were established in the same decade meant that proceeds would be limited even for the corporation that ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Global Operation Management Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
Global Operation Management Essay Example | Topics and Well Written Essays - 2500 words. Retrieved from https://studentshare.org/management/1403678-global-operation-management
(Global Operation Management Essay Example | Topics and Well Written Essays - 2500 Words)
Global Operation Management Essay Example | Topics and Well Written Essays - 2500 Words. https://studentshare.org/management/1403678-global-operation-management.
“Global Operation Management Essay Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/management/1403678-global-operation-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Operation Management
...’ which completely monitor and centralized data on number of goods sold, warehouse control, distribution and electric data interchange (EDI). This is significant for a huge company with 2,365 companies worldwide and about 1,780 stores are based in UK (Tesco, 2006, p. 3). Tesco Plc is a retailer industry with global operations covering 14 nations and with 492,000 employees. It’s established in 1919 and is innovatively dealing its market using online interaction. It envisioned being a corporation that is most valued by customers and served communities by being committed to its staff, shareholders and by being innovative for growth (Mohan, 2008). As a corporation, customer needs and satisfaction are central to its...
11 Pages(2750 words)Essay
Operation management
...done to improve the organization’s respond to the five objectives of operations: speed, flexibility, dependability, quality and cost. These are the core objectives of the operation management. The think tanks of the organization are up to date about the information technologies that can be applied to the each and every process of the operation management. The field of technology and operations management is concerned with the design, management and improvement of the processes and operating systems. The global market experiences a rapid change of technology and the companies face...
9 Pages(2250 words)Essay
Operation Management
...? Operation management Introduction In the past few years the market of global communication have increased at an escalated pace with amplification in the significance of international trade as well as mammoth investment in the global economy. Rapid increase in liberalization of telecommunication sectors in various countries of the world also has made its influence immense. United States of America (US) is a booming market in the telecom industry and it offers an excellent position for competing in a rigorous manner in the overseas markets. The knowledge, skills as well as advanced services provided by the firms of US telecommunication industry are regarded as vital assets which...
24 Pages(6000 words)Essay
Global Operation
.... As it is mostly the case, these international companies lose a significant share of the target market, and are consequently compelled o exit the market. Question 5 Every time that a business wants to extend its business operations to different regions, there are always political and economic issues that come up and may have a negative impact on the company and its operations. Two political issues that may affect a company’s expansion into the global arena are new laws and a fraudulent administration. The operations of the company in a new area may depend on the laws of that region, which the organization may not have anticipated. For example, the laws of that region may assert...
4 Pages(1000 words)Essay
Operation management
...of manufacturing process. Therefore, the concept of production based operational strategy or operations management can be hardly realized in context to intangible service environment of HSBC. However, value chain of the global banking leader can be used to understand the operations of the company. In case of HSBC Holdings Plc, cross country investors, retail customers, long term loan holders and partner financial institutions are the supplier of capital and cash reserves for the bank (HSBC, 2011). As part of operation, the bank helps customers to deposit funds, investment banking, advisory service, providing loans at certain interest rates and...
10 Pages(2500 words)Essay
Operation management
...is failing to improve the entire situation as the management of the organization is finding it difficult to understand the current market demand. According to the operation managers, the organization has the capability to maintain its leading position within the global market place for a longer period of time. They are pointing out the inadequate workplace performance and lack of skilled workforce as the major reason behind the operational issues. The operation managers have stated that the organization needs to review and monitor the performance level of the employees on weekly basis. Apart from this thing, the...
14 Pages(3500 words)Essay
Global Operation management
...Global operations management is important for many businesses. Many businesses need to expand globally to help expand the business. The expansion to a global market is important for businesses to reach new levels of marketing. Companies like PayPal have gained more customers and been able to generate more profit since expanding globally. There are many different strategies that can be used to operate globally and each company will have its own. Keeping up with current global trends is a must for many companies. PayPal is a company that started off in California, USA. “The company was then bought...
1 Pages(250 words)Essay
Global Operation and Risks Management Study of Britvic Group Plc (Ro)
...1.0. INTRODUCTION  Britvic traces history since the mid of the 19th Century (Britvic, a) and today it is among the leading companies in the soft drinks industry with operations in Great Britain (GB), Ireland, and France (Britvic, 2014b). The business model of Britvic is based on the manufacturing, marketing as well as selling the products of the Britvic and the PepsiCo brands as depict-able from the image depicted below: (Britivic, 2014c) Company enjoys strong portfolio of leading brands; distribution of Pepsi and 7Up and existence in the around 50 countries of world (Britvic, 2014d; 2014e; 2014f). With the strong position of the company in the beverage industry, this report assesses the financial position of the company and...
10 Pages(2500 words)Essay
Global operation and risk management of Qinetiq Group plc 01303
...increasing which depicts that company is actively increasing its dividend while having fluctuations in profits. The action is a call for depicting strong financial position of the company as done by many companies in such situations to signal positivity in financial markets. RISK MANAGEMENT A risk refers to the vulnerability of an entity in terms of future uncertainty (Fridson, & Alvarez, 2011). The term is inherited with the global environment in many aspects. The business entities that possess a global operating structure of the business are highly exposed to the global macro environmental risks (Gibson, 2012) so as to QinetiQ. Company is actively restructuring...
10 Pages(2500 words)Essay
Global operation and risk management of Qinetiq Group plc 01303
...Global operation and risk management of Qinetiq Group plc INTRODUCTION QinetiQ is formed as a private company in 2001 after the decision of MinistryOf Defense (MOD) about the spilt of Defence evaluation and Research agency (DERA). Excluding Defence Science and Technology Laboratory unit, MOD separated all the other DERA’s functional units as a private business entity with the name of QinetiQ (QinetiQ, 2015a). The business headquartered in Farnborough, Hampshire, United Kingdom registered in London stock exchange as public private partnership in 2002 via appointing Carlyle group that is a US-based company as strategic partner. The company holds a business portfolio of military weapons and systems...
10 Pages(2500 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 Global Operation Management for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us