Turkey is the country I want

Select a foreign country that interests you. Perhaps someone you work with in your organization is from another country. Perhaps you have family from another country or perhaps you would like to travel to this country.

Identify the country and why you selected this country.

Provide a description about life in this country. You are not limited to the following information, but you should include:

A brief description of the overall culture of this country.

Three differences between the culture of this country and that of the USA.

Three similarities between this country and the USA.

Assume you are an HR Manager for a firm. You need to provide training for assimilating someone from this country into your firm. You must not only train the new person from this country but also your employees who are here in the USA.

How would you go about developing this training?

What information would you include?

IDENTIFY THE COMMONALITIES AS WELL AS THE DIFFERENCES BETWEEN MARKETING DOMESTICALLY AND MARKETING INTERNATIONALLY.

IDENTIFY THREE MAIN LEGAL SYSTEMS OF IMPORTANCE TO INTERNATIONAL BUSINESS. COMPARE AND CONTRAST THE THREE MAIN LEGAL SYSTEMS IN DETAIL.

IDENTIFY AND EXPLAIN FULLY ANY 3 COMPONENTS OF CULTURE AND THEIR IMPORTANCE TO INTERNATIONAL BUSINESS PROFESSIONALS.

1. EXPLAIN THE STEPS TO THE GLOBAL STRATEGIC PLANNING PROCESS WITH EXAMPLES.

What should Apple and Google do differently to develop their capabilities in a “flat world”?

IMA Ltd.

Material Master Data Solutions

Overview:

In 2019 IMA celebrated 30 years in business. This is a big milestone for the company and clearly demonstrates our credibility and longevity in the market. In 1989 when the company started we were the trailblazers and focused on indirect material data (data related to the spare parts that keep manufacturing equipment running) before there were large ERP (Enterprise Resource Planning) systems. At that time our service allowed customers to find their spare parts quicker which allowed them to repair failed production equipment faster; thereby reducing expensive production downtime. Our sales team is responsible for revenue generation pertaining to the sale of our Material Master Data Management services. These services allow asset intensive organizations the ability to leverage normalized data within their ERP to achieve benefits related to reduced production downtime, better MRO part procurement, and the elimination of excess spare part inventory. For the most part our customers consist of manufacturing companies with multiple sites. The sites can range from a few within a province to hundreds worldwide. Customers such as Pepsi, Honda, and McCain Foods have been long time customers and rely on IMA to ensure their data remains best-in-industry.

The price model for our main revenue stream of project data cleanse has remained the same for the last decade; charges vary based on the work performed to each line of customer data. There are three service levels consisting of a cosmetic cleanse, standardization, and item enhancement with pricing by line item of $1.50, $2.50, and $3.50 respectively. Every project is subject to a $5,000 IT fee for data preparation. The average dataset is 60,000 line items but projects range from 2,000 line items to 750,000 line items. The sales team sells $25 million annually worth of project based dataset cleanse services worldwide. Recurring revenue is currently generated from a data governance solution that allows the customer to maintain the integrity of their newly cleansed data condition using a web based portal for item addition and item modification. Users pay $150 per person per month to access this service. Currently the recurring revenue represents $7.5 million or 15% of the company’s overall sales. The sales team is lean and consists of a team of 6 Territory Managers defined globally by geographic region. They report to a VP of Sales. Customer acquisition cost is high (approximately $5,000) due to the technical demand of this type of project. The sales process typically includes initial introductory web conference, customized data evaluation, sales proposal, ROI calculator, in-person proposal review and negotiations, and final proposal acceptance. Social media and the company website generate most of the leads. Competition is limited globally as we compete in a niche market. We project the total market globally for data set cleanse projects to be $500 million.

In 2017 the owners recognized a change in the market. Customers now have Data Governance teams of their own and attempt to perform the IMA services in-house. The IMA executive team allocated $3 million to generate a SAAS model solution that would provide customers the tools they need to clean and maintain their own data. If nothing was done to adapt to the market changes IMA could risk losing the project based revenue steam. Instead, the SAAS would generate a solution for the changed market while creating a new revenue stream for IMA.

The SAAS solution is branded as uManage Pro and consists of the following:

uManage SEARCH – allows users to effectively search their item master data. Currently the typical ERP is weak at best with its search capability.

uManage DATA LIBRARY – users can access a data repository of over 3 million items to assist with item addition. This is the largest single data repository of its kind in the global marketplace. IMA is the first to allow external users to access the data. It has been created over 30 years and would be costly and timely for a competitor to re-create.

uManage DATA GOVERNANCE – this tool allows customers to maintain their data using an embedded data schema. Doing so ensures consistency amongst the data in their item master while preventing duplicate entries. Data Governance includes both the SEARCH and DATA LIBRARY services.

uManage PRO – includes search, data library, data governance, as well as a full cleansing tool that allows the user to clean their own data. This advanced technology replicates the tools IMA has used for the last decade. AI (neural network) is a significant contributor to the SAAS and is the first of its kind.

Market Pricing

Service                                     Monthly cost per user

SEARCH                                   $     49.00

DATA LIBRARY                         $     99.00

DATA GOVERNANCE               $     99.00

uManage Pro                          $5,000.00 (monthly fee, unlimited users)

The challenge:

The executives at IMA recognized the change in the market in 2017 and made a bold decision to prepare for the changes before it was too late. They should be commended for their foresight and their commitment to change the company to meet the market demands. However, hiring a software development team and creating the technology is only a portion of what it takes to maintain their position as markets leaders. IMA has realized that their current marketing team is unfamiliar with the strategies involved in marketing an innovative SAAS. The VP of sales has admitted that his current team is extremely successful at selling the typical IMA project based services however software, specifically SAAS, is an area that they are not currently skilled to sell. The technology is now completed and IMA is unprepared to take their market leading solution to market.

Options to consider:

1.

Do we train the current marketing and sales team to better understand how to perform

their area of responsibility with regards to SAAS?

2.

Do we hire a new marketing/sales team that specializes in SAAS Social Selling?

Marketing?

3.

Can a third party marketing company be leveraged in the short term to augment the

existing marketing team?

4.

Should there be a test period for any of these ideas?

Question. what will be the sale strategy of the company?

b) who will be targeted market and customers?

c) action plan and financial forecast for one year to reach mention target?

What are the concerns about sustaining competitive advantage with Apple and Google?

Many organizations are engaging in mass layoffs (or reductions in force) due to the effects of physical distancing measures.

What are the effects such a decision can have on employees and employers?

What are the alternative options that organizations might consider?

What are the advantages and disadvantages of layoffs versus any alternative options that might be available?

How does Friedman’s claim “anything that can be done will be done” influence sustaining competitive advantage through technology with Apple and Google?

Instruction for students:

Assume that you are the plant manager for Brice Company. The company is plan to implement a bonus system for purchasing and production managers that provides an annual 10 percent bonus for favorable direct materials variances (MPV and MQV).

Required:

Write a report for the CEO in which you explain the primary assumptions and considerations used in making your recommendation.

1. In your opinion, does having a favorable variances is better than unfavorable? In other words, does achieving favorable variances means that managers in charge have to be rewarded? Conversely, does unfavorable variances always reflect a poor performance by the manager in charge?
2. Explain the potential benefits associated with the new bonus system.
3. Elaborate the potential costs associated with the new bonus system.
4. Identify the potential ethical concerns on the new bonus system.
5. Finally, provide the CEO with a recommendation on whether to adopt or not to adopt the new bonus system.

working on a business plan for my business 101 class. what is a good marketing plan and location analysis for a renting clothes business running in New York

You have two candidates for a marketing position. Both have similar educational backgrounds and certifications. However, the first candidate has 20 years of related experience, while the second candidate has 6 years of similar experience. The first candidate is asking for a competitive base salary plus one week extra vacation as part of the benefits package. The second candidate is asking for a competitive base salary plus a company smartphone (upgraded each year) and paid Internet service at home. The first candidate is willing to work a flexible schedule (nights, weekends, etc.), while the second candidate prefers to work remotely from home. Both are requesting to be included in the company's annual bonus plan. Write a 700- to 1,050-word paper that includes the following: Compare the direct and indirect compensation requests for each candidate. As an HR professional, what do you think is the best hiring decision for the company, and why? Format your paper consistent with APA guidelines.