\n Objectives\n <\/p>\n
\n On successful completion of this assignment, students should be able to:\n <\/p>\n
\n Brief Description\n <\/p>\n
\n The case will focus on issues related to the cultural aspect of international business. Sustainable business practices include CSR issues, foreign investment, and the benefits of regional integration for the countries within, and companies doing business in, that region. The case study analysis will be completed on an individual basis.\n <\/p>\n
\n Please see the case details in\u00a0Appendix A.\n <\/p>\n
\n Submission Instructions\n <\/p>\n
\n Read the case study and answer the questions that follow. Each answer must be based on facts from the case and all of the course materials. Each answer should be 1-2 pages long for a total submission length of 10 pages maximum (double spaced, 12 pt font), and must be prepared in APA style format.\n <\/p>\n
\n Case Questions\n <\/p>\n
Objectives On successful completion of this assignment, students should be able to: describe and explain different cultural differences and the importance of recognizing these differences,describe th
\nWWW.YORKVILLEU.CA Appendix A. THE CASE: Kaizer Consulting Kaizer Consulting is an international management consulting firm that specializes in business strategy and serves as a key advisor to the world\u2019s leading companies. It provides its clients with the unique insight to drive critical decision-making and solve their most pressing problems. Every year, the majority of Kaizer\u2019s business comes from clients with whom they have worked in the previous year \u2013 an indicator of Kaizer\u2019s ability to achieve lasting results for its clients. Kaizer\u2019s client relationships are enduring as many clients have remained customers for more than a decade and have become project partners. The Client has a Problem The manager of a product category at a Fortune 50 technology company (The Client) approached Kaizer to analyze the complete range of supply chain challenges his company would face when they entered Mexico- a new market in South America that was recently dominated by a large single competitor. Initially, it was agreed that The Client would benefit most from a set of detailed analyses of the market which would focus on providing a deep understanding of the market\u2019s culture and business practices and manufacturing, distribution, and retail operations required to execute their market development plans. The Client was aware of some cultural differences in the new market, but was under the impression that it would be able to proceed as it normally did when entering a new market. Further, The Client believed that the competitor\u2019s primary advantage was based on optimized management of the distribution network and aggressive retailing. The Client thought it could proceed on that basis with its usual market entry strategy, but wanted to obtain Kaizer\u2019s opinions on this before proceeding. Kaizer\u2019s Approach Based on extensive research about the market generally, but specifically with individuals, focus groups, cultural experts, CSR and legal experts, suppliers, industry experts, vendors, and employees of companies in similar situations, Kaizer realized that: The Client\u2019s competitor had committed a number of culturally-based mistakes, primarily with respect to age, religion, gender issues and local social taboos. Although these were not disastrous, the mistakes were covered in the media and had created the general impression that the competitor didn\u2019t really care about the target market\u2019s traditional cultural values, beliefs, customs, and norms. The Client\u2019s competitor had selected the target market in part because of the lax enforcement of environmental protection laws and government corruption. Social media and the mass media soon discovered how the competitor was conducting business in the target market. Subsequently, the competitor had to perform substantial damage control to protect its international reputation of being socially- responsible. The competitor is currently facing legal action in Canada and the US for its alleged corrupt business practices. The Client\u2019s competitor\u2019s key business advantage was actually based on long-term production contracts; in effect, the competitor had become partners with its suppliers. By doing so, the competitor had leveraged its foreign investment in a number of ways: it had created a supply chain that achieved a number of cost savings on commodities, equipment, machines, and technologies; helped improve the local economy by providing relatively high-paying jobs to local people; and contributed to social and political stability in the country. Kaizer\u2019s Findings With the new knowledge provided by Kaizer, The Client: Refocused its market entry and distribution strategies from enhancing warehousing and retail systems to more innovative production plans that incorporated local benefits and added a plan to use Mexico as a base for expansion into other countries in the region. Challenged its managers and employees to develop highly ethical Codes of Conduct and CSR strategies that supported its long-term operations in the target market. Most importantly, was able to develop an overall approach that was culturally sensitive and appropriate, even humorous. This approach was reflected in all the client\u2019s negotiation and partnership development activities and clearly demonstrated its respect for the target market\u2019s culture. Next Steps Kaizer has recognized that this work could become a model for future work with this client and others in similar situations. They\u2019ve asked you to provide comments and a framework to analyze these situations more efficiently. 2<\/p>\n","protected":false},"excerpt":{"rendered":"
Objectives On successful completion of this assignment, students should be able to: describe and explain different cultural differences and the importance of recognizing these differences, describe the three main types of economies and understand economic development and transition issues, and describe and explain different political and legal systems and understand the increasing importance of CSR […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_joinchat":[]},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/254410"}],"collection":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/comments?post=254410"}],"version-history":[{"count":1,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/254410\/revisions"}],"predecessor-version":[{"id":254411,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/posts\/254410\/revisions\/254411"}],"wp:attachment":[{"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/media?parent=254410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/categories?post=254410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qualityassignments.net\/wp-json\/wp\/v2\/tags?post=254410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}