Select one global industry, such as the automobile or cell phone industry. Next, use the Internet to research three major international competitors within the chosen industry. Note how the popular international business press (newspapers, magazines, e-zines, press releases, and so on) depicts these companies.
Instructions
Write a 4–5 page paper in which you:
Compare and contrast the three models of culture.
Choose one of the researched international competitors and ascertain the most appropriate cultural model for that competitor.
Provide a rationale for your response.
Recommend the type of economic system that best relates to each of the researched international competitors.
Identify three potential effects of such an economic system on the society in which the system is involved.
Provide a rationale for your response.
Speculate on the major reasons why certain countries have lagged behind other countries in economic development.
Recommend three generic actions that the three researched major competitors could take to encourage economic progress in these countries.
Provide a rationale for your response.
Select one of the three researched international companies to lead and provide a rationale for your choice.
Propose the necessary major steps—education, social development, community activities, bargaining skills, language skills, conflict management skills, etc.—that you would need to take to propel you from where you are today to a global leadership or management position at your chosen company.
Suggest two global changes in expansion, technology, marketing, products, services, human resources, customer service, and so on, that you would make as CEO of your chosen international organization.
Provide a rationale for your response.
Use at least three quality academic resources in this assignment. Note: Wikipedia and other similar websites do not qualify as academic resources.
Mobile phones have become an everyday necessity in people`s lives. The global mobile phone market is a highly competitive environment where a high number of firms compete: Apple, Sony and Xiaomi. All three of companies are involved in the global mobile phone market which is today a highly competitive industry. Two major operating systems are the industry`s standards today: Apple`s iOS and Google`s Android. They apply different strategies to sell their smartphones. Apple Inc.`s organizational culture is a key factor in the continuing success of the business. Apple has a corporate culture that motivates human resources to support various strategic objectives. for example, the company`s cultural traits are aligned with the drive for innovation, which is a major factor that determines business competitiveness.
The establishment of chance based management in congruity with the Basel Center Standards to screen shortcomings and re-capitalisation has added to the strength of the framework. The business is all around promoted with normal capital ampleness proportion of 18% somewhere in the range of 2010 and 2015 altogether over the 10% prudential and legal necessity.
Shortcomings
Despite the steps chalked by the Ghanaian financial area, banking entrance actually comes up short. Bawumia (2010) exposed the unbanked populace as 70% and Wampah (2014) unveiled the unbanked populace proportion as surpassing 80% with banking tasks to a great extent urbanized. Strategising to rope in a greater amount of the unbanked people is likewise tested by the low monetary education rate. The somewhat low saturation of banks to the rustic regions suggests a huge unexploited section to prepare stores and increase the productivity of the framework.
Ackah and Asiamah (2014) reported that the significant expense of credit, high loaning rate and low credit accessibility to the confidential area have beset the area. Loaning rate found the middle value of 28.51% from 2005 to 2016 having achieved the most elevated of 42.84% in August 2016 and least of 21.24% in Walk 2008. Exorbitant financing cost spreads found the middle value of 23.01% somewhere in the range of 2009 and 2014 when contrasted with a sub-Saharan normal of 8.57% in 2012 (Adoah, 2015; Garr and Kyereboah, 2013; Mansah and Abor, 2013; tradingeconomics.com). Ghanaian banks are tested with adjusting risk the board and development. Absence of designs to discover veracity of ID and record of borrowers opens the business to misrepresentation. The arrangement to accumulate definite client data after opening of records has not done the trick in thwarting financial misrepresentation. Boateng, Boateng and Acquah (2014) affirmed yearly misfortune to bank misrepresentation run into a great many Ghana cedis.
Open doors
The foundation of unfamiliar claimed banks into Ghanaian saving money with the essential to bring into Ghana 60% of beginning capital in unfamiliar convertible cash makes the stage for infusion of