Free

Expansion and Setting up New Plants and Sites - Assignment Example

Comments (0) Cite this document
Summary
The reporter states that expansion and setting up new plants and sites is key for businesses trying to achieve growth. For this purpose, a global presence is needed along with a firm structure of managed operations which are integrated with the business operations…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.4% of users find it useful
Expansion and Setting up New Plants and Sites
Read TextPreview

Extract of sample "Expansion and Setting up New Plants and Sites"

Expansion and setting up new plants and sites is key for businesses trying to achieve growth. For this purpose a global presence is needed along witha firm structure of managed operations which are integrated with the business operations. As mentioned that to meet the rise in the global demand for its product company has decided to set up a facility in Latin America and Columbia is being considered as the prime country for this establishment.
Columbia is home to a population of over 40 million which include people belonging to various ethnic backgrounds making the culture rich and diverse at the same time. This fact should be kept in mind while opening a business there because in business activities we would come across people belonging to various ethnical groups and will be a part of our work force. Along with this factor Columbia is a country which is rich in natural resources but at the same time the country has class differences which have been running throughout the history, illegal drug cartels and differences between the political parties remain there making it a tough country to operate in. Maintaining focus on these we should be prepared with strategies to tackle such issues which can arise in the context of fore mentioned points.
For preparing a strategy that is to successfully deal and cope up with the population, culture & class differences, political instabilities etc. in Columbia we need to understand in depth the heritage; develop a thorough understanding of its culture since our workforce will be consisting of mostly local population whose mentality and thinking process will be influenced or at least affected by these factors. Managing this local workforce will be tedious task for managers involved and for this experience such managers should be opted who have had firsthand experience working with diverse work forces and at the same time possess counseling qualities through which he could motivate them. A diversity strategy should be formulated.
In Columbia there are some peculiar trends that are followed while conducting business. Business meetings are rather prolonged and sticking to the point of business can be taken as a sign of rushing things hence giving a disrespectful gesture. A pleasant meeting should involve discussion about family, along with business and other interests which maintains a smooth flow throughout the meeting. Also using a person’s name directly should be avoided and A Mr. Mrs. or Miss should be inserted before using the name. While even in an formal business meeting Columbians like to engage in physical contact which is usual for them so a person should not feel uncomfortable and back off if they have their hand on the person’s shoulder but instead it should be taken as a positive sign that the members in the meeting are happy with the person.
In dealing for business activities, to make the meeting successful or pleasant, a local guarantor or a contractor who is a native language speaker should be appointed as he’ll be thorough with the business on the ground and at the same time be well aware of gestures and terms for negotiations. He can arrange for businesses or people who might be interested in our proposal. Also the appointment for business meeting should be taken days in advance preferably a week. Before getting into negotiations more focus should be maintained upon building trusts as Columbians will prefer personal relationships. At any point, the initial business process should not be rushed unless it is necessary. Once terms and conditions have been worked upon and trust relationship is established then the personnel involved in the entire process should be retained as changing them can lead to coming back on square one.
The final decision does not solely depend upon the proposal presented because although the proposal might look appealing but the final decision rests upon what the decision makers’ intuition tells them to and the decision makers rely upon their gut feelings.
REFERENCES
Cyborlink. Colombia - Colombian Business Etiquette, Manners, Cross Cultural Communication, and Geert Hofstede Analysis. .
Kwintessential. Doing business in Columbia. .
Malinak, Cora. "Doing Business in Columbia." 2007. Communic Aid. . Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Expansion and Setting up New Plants and Sites Assignment - 1”, n.d.)
Expansion and Setting up New Plants and Sites Assignment - 1. Retrieved from https://studentshare.org/psychology/1751404-persentation
(Expansion and Setting up New Plants and Sites Assignment - 1)
Expansion and Setting up New Plants and Sites Assignment - 1. https://studentshare.org/psychology/1751404-persentation.
“Expansion and Setting up New Plants and Sites Assignment - 1”, n.d. https://studentshare.org/psychology/1751404-persentation.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Expansion and Setting up New Plants and Sites

Setting up a new refinery in Panama

...Introduction Industrial process plants where crude is refined and processed into petroleum products such as diesel, gasoline, asphalt base, kerosene, heating and petroleum gas are referred to as a petroleum refineries or oil refineries. Refineries are basically large, pervasive industrial complexes with piping running throughout. The piping carries streams of fluids to and from large chemical processing units. Predominantly refineries can be thought of as chemical plants since they use much of the technology used in chemical plants. A production plant processes the feedstock of a refinery. A depot, tank farm, is usually located near or at a petroleum refinery and it...
16 Pages(4000 words)Research Paper

How plants communicate

...patterns where signalling occurs. In these interactions, there would be active coordination and organization of various ordered steps conveyed by signs. These signs encompass a wide array of physical influences and chemical substances. According to Witzany (2010), these chemical molecules used as signs function as memory media, information carriers, messenger substances and signals. With different biotic and abiotic influences, there would be need for different behaviours which determine the set of signs in a given genera, family or species of plants and their production, combination and transportation. Therefore, different communicative processes would be executed with same chemical molecules thus...
6 Pages(1500 words)Essay

New Market Expansion

...? New Market Expansion inserts his/her s American Minerals LLC, founded by John Brighton, is a U.S based company in the manufacturing sector involved in the exploration, extraction and distribution of rare minerals. The company currently operates only in the American market with a setup in U.S and Canada. The company hires approximately 50000 workers and has a clear organizational structure with the Sales and Finance Director reporting directly to the Vice President and CEO John Brighton. American Minerals has been functional since 10 years now and is an established player in this industry. The company holds approximately 40,000 acres of rare-earth elements in various parts of the U.S including Colorado...
8 Pages(2000 words)Term Paper

Transgenic plants

...and Crop Sciences, 2004). Development in the transgenic techniques The traditional process of transgenic plant development is still controversial as evidences indicate that this technique was in use from many years for developing different variety of food crop which were resistant to many devastating diseases. In 1930, a variety of wheat called “Hope” was developed by E. S. McFadden which was resistant to “rusts”. It was found that natural movement of genes commonly occurs due to transposons and retrotransposons (mobile genetic elements). They assist in natural translocation of the genes in the genome and thus, lead to the formation of a new species. This is a natural process for formation of...
3 Pages(750 words)Essay

Flowering Plants

... as a structural xylem for that promotes conductivity of water through the plants. Some of the plants also seasonally shed their leaves to adapt to water scarcity (Solomon, Berg and martin, 2010). The wide adaptation features that promote reproduction, germination, and survival of the flowering plants therefore explain their higher level of success than other terrestrial plants. References Alford, D. (2004). Preliminary biology. Glebe, NSW: Pascal Press Solomon, E., Berg, L. and Martin, D. (2010). Biology. Belmont, CA: Cengage Learning Thorpe, S. and Thorpe, E. (2009). The Pearson general students manual 2009, 1/e. New Delhi, India: Pearson Education India... Flowering plants Terrestrial flowering...
1 Pages(250 words)Essay

Plants assignment

...Importance of plants in solving real world problems Mosses and ferns can be described as an important foundation for the forest ecosystem as they help prevent erosion by creating a carpet on the forest floor. They are also important in maintaining the ocean ecosystem as they help provide oxygen into the sea; without them, the animals in the oceans would automatically die. Ferns are important as they help in the provision of an ecosystem to the lands; they are responsible for refining carbon dioxide in the air. Further, scientific research has shown that there are certain species of ferns that are important when it comes to the manufacturing of medicine (Germ 93). Conifers, on the other hand, reproduce from seeds. In...
1 Pages(250 words)Essay

Genetically Modified Crop Plants

...Genetically modified crop plants Gene technology is widespread across different sectors of the globe during the contemporary period. However, this technology carries with it social and ethical implications many of which endanger personal views. As such, this paper seeks to evaluate how this technology is applied to crop production. The paper will also discuss the ethical implications of this kind of technology. The last part of the part is a personal reflection on how the writer views this technology in view of the health concerns of the targeted consumers. Basically, “when a gene from one organism is purposely moved to improve or change another organism in a laboratory, the result is a genetically modified organism...
4 Pages(1000 words)Assignment

Topic: Plants

...The Circulatory System of Vascular Plants versus that of Human Beings al Affiliation The Circulatory System of Vascular Plants versusthat of Human Beings Plants are indeed extraordinary in that they have systems that can be compared to those in human beings. The circulatory system of the plants has several similarities and differences when compared to the circulatory system present in human beings. The circulatory system is also called the transport system. Similarities The first similarity between the two systems is that they both transport important materials to the cells while taking away waste. In plants, cells require water and minerals for the...
1 Pages(250 words)Coursework

Sites Research

...Information ID Major/Concentration: Internship Coordinator: Site Internship Site: THE RITZ-CARLTON (Riyadh, Saudi Arabia) Department: Marketing & Sales Street Address: Al Hada Area along Mekkah Road in Riyadh Saudi Arabia City: Riyadh State: Riyadh Zip Code: 011 211 5000‎ Website: http://www.ritzcarlton.com/en/Properties/Riyadh/Rooms/Default.htm Name of Contact Person: Adel Al Mahboob who is the general Manager Phone number: +966 11 802 8020 • How does this site relate to your major, concentration, and minor (if applicable)? It is one of the palace hotels that offer a different drinks and foods, as well as...
1 Pages(250 words)Research Paper

Setting

... Setting in “Water for Elephants” by Sara Gruen The setting of “Water for Elephants” by Sara Gruen is effectively set to demonstrate the desperation of the Americans during the great depression of the 1930s. Americans are suffering a lot with no food or money to buy supplies with. The life was very gloomy with no entertainment. The only type of entertainment they had was a circus which gave them an escape from the hard life. To attend a circus is depicted as something which is very wonderful. There are two major scenes in the book that describe the contrast between the early and later years of Jacob Jankowski. The first scene is in his twenties where he is lonely, cold, bitter but also hopeful when he enters the circus. Although... this...
1 Pages(250 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 Assignment on topic Expansion and Setting up New Plants and Sites for FREE!

Contact Us