Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Business Decision Making in Chabros International Group - Case Study Example

Comments (0) Cite this document
This paper "Business Decision Making in Chabros International Group" focuses on the supplier of high-quality wood in the Middle East Region, supplying veneer and other wood products to markets like Dubai, Saudi Arabia, Qatar, and other Arab countries. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.6% of users find it useful
Business Decision Making in Chabros International Group
Read TextPreview

Extract of sample "Business Decision Making in Chabros International Group"

Download file to see previous pages Dubai is on the decline mostly due to tough economic conditions.
A closer analysis of the facts provided in the case study would suggest important management and strategic issues which firm needs to focus on. Two of the important management issues are the mode of entry as well as the marketing strategy of the firm.
When entering into international markets, firms have relatively diversified options to exercise. From exporting to the establishment of Greenfield projects, firms can choose the right strategy based upon the overall situation and the resources available to the organization. However, in order to expand into any market, it is also critical to highlight and explore language and cultural differences, as well as the institutional differences, as these factors tend to have a significant impact on the way a firm has to develop its marketing as well as HR strategy.
The initial strategy adopted by the firm was to enter into joint ventures with the firms which were not located in the region. This, therefore, created strong cultural and interpersonal issues for partners who were not used to the overall culture and business norms of the region.
As such the firm entered into the market without actually making an effort to understand the local dynamics and importance of having local partners. Since the firm was entering into different markets for the first time it was therefore important for it to either start through the exporting or founding joint ventures with the local firms. However, the firm actually opened wholly-owned subsidiaries in those regions with 100% ownership, therefore, the necessary capital was tied up in establishing new facilities.
Secondly, the firm focused on one market while continued to expand in other markets despite the fact that a major chunk of its sales was coming from one single market i.e. Dubai. Rather than expanding into other markets, it failed to further penetrate into the existing markets and, therefore, was not able to achieve the required level of growth.   ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(Business Decision Making in Chabros International Group Case Study, n.d.)
Business Decision Making in Chabros International Group Case Study. Retrieved from
(Business Decision Making in Chabros International Group Case Study)
Business Decision Making in Chabros International Group Case Study.
“Business Decision Making in Chabros International Group Case Study”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Business Decision Making in Chabros International Group

Group decision making

...performance does not just rely solely on their abilities to perform, but is also impacted by internal awareness of being then evaluated. Performance can have a greater affect depending on situation factors, thus making it possible to entirely alter the outcome of a situation. For example, if any professional basketball player practices his shooting free throws with a sort of fake audience noise in his background, he will not feel the same motivation as he would incase of evaluation in a real game situation. So, effectiveness depends upon familiarity of the task and situational factors. Methods of Group Decision (Making Benefits of the...
8 Pages(2000 words)Essay

Group Decision Making

...? Group Decision Making First and Number and First and October 14, Purpose of Group Decision Making Group decision making has been a topic of interest to me. Having served in the army for over twenty two years and currently working as a site manager for the linguist program in Afghanistan, I have been able to look back at my experiences and identify the times when I was part of the group decision making process. In simple terms group decision making can be defined as a collaborative...
8 Pages(2000 words)Essay

Group decision making

...or team leaders should play a crucial role. That is, they should only put for discussion the organizational or even group’s targets, current strategies, future course of actions, etc, etc., among the employees and ask them to provide their optimal views or suggestions. When this is done, the employees will be bestowed with higher responsibility. “…give them a clear sense of purpose, an accurate explanation of their personal importance in the running of the organisation, and regular communication about the direction and performance of the business” (“HR tip”, n. d.). If each employee in the group is given clear roles and responsibilities, each one of them would be motivated to provide...
6 Pages(1500 words)Research Paper

Business - Decision Making

...on a graph and a straight line is drawn through the middle. (Linear Regression, 1999). The graphs given above are examples of a linear equation. Notice that the dots appear scattered but following a particular pattern On the other hand nonlinear regression (NLREG) is used in more complex situations. "NLREG is a powerful statistical analysis program that performs linear and nonlinear regression analysis, surface and curve fitting." (NLREG). After the taking over of Company W, WidgeCorp is supposed to be one of the leading industries under marketing of snack foods and beverages. Their style of management and business decision-making was different from the company W. The WidgeCorp...
4 Pages(1000 words)Essay

Group Decision Making Process

...Group Decision Making Process The success of our group in resulted due to numerous factors that were considered when forming a group and working in it. When the circumstances shaped so that we had to form a group we didn't have time to develop lots of the phenomenon that unfortunately exist in many other groups, like groupthink and deindividuation. We just had a task to be completed in front of us, and it was all we cared for. We won't say that everything went perfectly, but, nevertheless, we got a very valuable experience in working in group and team decision making we...
2 Pages(500 words)Essay

Business Decision Making

...Running Head: BUSINESS DECISION MAKING Business Decision Making in APA Style by Decision making is very important in business organization since this identifies the most strategic direction that it can take considering its internal and external environments. Hypothesis testing is a statistical tool which aids managers and other decision makers in coming up and choosing among the various alternatives. Hypothesis testing is defined as "the process of choosing between competing hypotheses about a probability distribution, based on observed data from the...
2 Pages(500 words)Essay

International Business Decision Making

...The airlines business is dynamic and politically unstable. For the business to grow up, each individual airline had to try push up its own yields. The Marketing strategies have to be more attractive and the marketing segments should target passengers and cargo market as well. There are aging fleets and aircrafts in airlines which cannot be used for operating. However it is seen that the decisions taken in most of airlines managements are very slow and the state owned airlines are mostly characterized as beaurocratic and over centralized management which has complaints of overstaffing, frequent management changes and political interference, under the circumstances managers are not ready to take decisions and decision making gets... the...
8 Pages(2000 words)Essay

Group Decision Making

...and performing team. There are studies which support the concept that groups influence work behavior. A group is composed of individuals working together towards common goals by interacting with one another and utilizing appropriate resources. They need a certain period of time for common interests to be discussed, explained and internalized so that stability and efficiency would ensue. From the cohesiveness that a group develops, certain level of performance is achieved. It is therefore the objective of this paper to proffer issues pertinent to group decision making by focusing on experiences with...
6 Pages(1500 words)Essay

Case Analysis (Global Management) attempt to redevelop the CRM that gave the business sustainable growth until the recession, which was largely out of the control of Chabros. It was established in the case study that the business had a positive human resources understanding, which, if focused upon as a new type of competitive advantage, could improve both human capital and relationship management with a variety of domestic and international customers. Kalyanaram & Gurumurthy (2008) iterate that first movers in a market maintain somewhat automatic competitive advantages as risk averse customers will often favor the pioneer whilst making unfavorable assessments about late movers. Except...
12 Pages(3000 words)Essay

Group Decision Making

...Group Decision Making Contents Bibliography 13 Introduction The Car parts manufacturing company was owned by Mr. George Clarke. The company’s initial decision was taken by the owner itself but now George plans to set up a senior management group in order to take decisions on various issues related to the company. The main aim of the report is to analyse whether the group decision making (GDM) have over the individual decision making, and what are the factors that are to be included in the GDM. The main problem that the owner of the company is facing...
12 Pages(3000 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 Case Study on topic Business Decision Making in Chabros International Group for FREE!

Contact Us