Keys to Success in Multinational Companies

May 15th, 2015
DreamIt
Category:
Business & Finance
Price: $20 USD

Question description

It is widely known that Knowledge Management Systems are the key to success in multinational companies. Imagine that you are a Vice President of a company that is ramping up to go global.
Please choose one (1) of the following industries for the purposes of this assignment:

  • Jewelry
  • Fashion / Apparel
  • Chemicals
  • Consumer electronics, electronic components
  • Medical supplies or equipment
  • Bins, totes, crates, material handling
  • Food products
  • Drug products
  • Children’s products, clothing, toys, etc.


Note: You may create and / or assume all necessary assumptions needed for the completion of this assignment.

You have been tasked with designing a comprehensive best practices policy list geared towards managing existing knowledge and any new knowledge as it becomes viable. The best practices policy should include a compiled task list that will help your company to handle not only the regular issues of conducting business within a foreign country, but also the unexpected events (e.g., earthquakes, demonstrations, bomb threats, etc.), no matter the country or countries into which you will be expanding. The policy list should also take any unique challenges that your company may face into consideration.

Write a six to eight (6-8) page paper in which you: (Put each number as a heading)

  1. Design a comprehensive best practices policy list that includes policies on the following: (Best Practices Policy)
    1. Sanitation (e.g., hand washing, toilet facilities, etc.)
    2. Eating and / or drinking (e.g., at desks, on the company grounds, inside in the manufacturing area at designated tables / areas, etc.)
    3. Conflict resolution (e.g., settling disputes, mediation and / or arbitration with designated mediator on staff, etc.)
    4. In-house teams (e.g., minimum meeting times, scribes, appointed leaders, etc.)
    5. Online team (e.g., 24-hour coverage on phone due to time differences, etc.)
    6. Security (e.g., leaving doors open, locks, key return policy for departing workers, etc.)
    7. Emergency evacuation procedures
  2. Determine the key benefits of creating such policies. Provide a rationale for your response. (Key benefit of policy)
  3. Speculate on the major ramifications if such policies are not created. Provide a rationale for your response. (Ramification of Policy)
  4. Predict the significant ways in which the best practices policy that you created will contribute towards the long-term sustainability of the company. Provide a rationale for your response. (Contribution of Policy)
  5. Determine whether or not your best practices policy would provide a competitive advantage over other international companies. Provide one (1) example of a company using a best practices policy to support your response. (Competitive Advantage of Policy)
  6. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other similar websites do not qualify as academic resources.


Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

Tutor Answer

(Top Tutor) Daniel C.
(997)
School: Rice University
PREMIUM TUTOR

Studypool has helped 1,244,100 students

5 Reviews


Summary
Quality
Communication
On Time
Value
ashleyisgod
Nov 25th, 2016
" Top quality work from this guy! I'll be back! "
Molly_Moon
Nov 3rd, 2016
" AMAZING as always! "
Hemapathy
Oct 11th, 2016
" all I can say is wow very fast work, great work thanks "
BlueOcean
Sep 28th, 2016
" Awesome! Exactly what I wanted. "
kevin12622
Sep 19th, 2016
" Goes above and beyond expectations ! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1820 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors