University of California Irvine Supply Chain Management and Slowbalization Essay

User Generated

Neivahh

Business Finance

University of California Irvine

Description

“What is globalization and what is the significance of the term ‘slowbalization’”? “What is the meaning of ‘Supply Chain Management’, and what major disruptions are causing Best Buy’s shelves to be so empty of merchandise?” ......

Unformatted Attachment Preview

WRITING ASSIGNMENT #1 – Worth 20 Points Due on April 12, submitted into our course Canvas by 7 PM before the lecture. This quarter’s Writing Assignment #1 (WA 1) relates to the COVID-19 situation, and hoped for economic recovery continuing, albeit slowly. This could be a real fact pattern by the time you graduate UCI and are entering the job market. Background Situation: You are attending a family holiday party and you are introduced for the first time to your cousin Jeanette, who just moved to California from Tokyo. There she was working for the U.S. headquartered, multinational electronics retailer Best Buy. Jeanette is trained in human resources, is considered a fast-track star at Best Buy, and has been cross training for 18 months in their Tokyo inventory purchasing department. She has an assertive personality, but takes a liking to you and gives you a “mock job-interview” session in anticipation of your job search that will begin in June. You learn from her that interviews of recent graduates usually include asking questions about current business events and even more general topics such as ‘life in general’. Specifically, and for purposes of this Writing Assignment #1, write an essay that responds to the following questions: (1) She explains that Best Buy purchases approximately 90% of its products from non-US based manufacturers. The question typically asked of candidates is, “What is globalization and what is the significance of the term ‘slowbalization’”? How would you reply? (2) With the C-19 causing significant disruptions in virtually every Best Buy product line, a question asked is, “What is the meaning of ‘Supply Chain Management’, and what major disruptions are causing Best Buy’s shelves to be so empty of merchandise?” (3) Jeanette says the interview usually includes asking the candidate what he or she thinks is, in general, the type of personality that generally is successful in business. How do you reply? (4) Finally, Jeanette says often the question is, “In today’s business environment, would you be interested in starting a new business - why, or why not?” Include reply in your essay. Your assignment: Write a 3-4page essay explaining how you would answer the interview questions that Jeanette says you could expect. Your essay should be based primarily on our class lectures thus far; assigned articles on Canvas labeled “Optional” and “Week 1 & 2 articles”; our text book; and other articles or readings you can find online or elsewhere. The essay should be on Word or related software, 12-point font, and 1.5 line spacing. In this class, your instructor is not looking for a Masters’ thesis or a PhD dissertation. Your paper will be graded both on content and writing style. Make sure that you read your essay prior to submission and correct all errors of spelling, grammar and other typical writing mistakes. Submitting what is, in effect, your first draft won’t work unless you are a perfect writer, which few of us are. Turn your paper in online to our Canvas site. James, our T.A., will explain how to turn it in for those not accustomed to using Canvas.
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached. Please let me know if you have any questions or need revisions.

Running Head: ESSAY

1

Mock-Job-Interview
Student’s Name
Institutional affiliation
Course
Date

ESSAY

2

Mock-Job-Interview
Question 1
Best Buy is known for increasing its interdependence in the business and technological
world, resulting in continuous growth in terms of the scale of international trade of its products
and services. This has resulted in the flow of cross-border capital and the rapid spread of Best
Buy commodities.
Globalization is where a business or an organization builds up international domination
by starting to operate globally, promoting and increasing the interaction between different
continents worldwide (Robertson, 2017). The globalization concept helps explain the changes
experienced in the world of business as a result of transformations. Four main aspects help define
globalization, capital and investments, transactions and trade, movement and migration of
people, and information circulation in knowledge. Globalization is further linked with climate
change, air and water pollution, and overfishing in the ocean as the main challenges.
Globalizations not only revolve around the flow of commodities and services as it is also
regarded as a financial and economic aspect. Economic globalization is where trade systems are
developed within international players like NGOs and Corporations around the globe. Financial
globalization involves the stock markets linked with financial systems worldwide that involve
monetary exchanges. The stock market is a good example showing how globally financially the
world is connected. When one market collapses or slightly declines, the effect is unfavorable to
other markets and the economy at large.
Globalization is where the global economy's integration through trade, financial, and
other flows within borders takes shape at a significantly slower momentum. Slowbalization can
help shape the economy by taking time to enable the economy's growth across borders. Another

ESSAY

3

significance of slowbalization is that it can create more job opportunities worldwide for a
significant amount of time needed for the global economy to take shape. Slowbalization also
gives way to simplifying financial regulations, eliminating the barriers within the global financial
centers.
Question 2
Supply chain management is the process that involves planning ...


Anonymous
Really helped me to better understand my coursework. Super recommended.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags