Globalizing and localizing factors OR Uppsala model of firm Essay

Globalizing and localizing factors OR Uppsala model of firm internationalization - Essay Example Added to that the purchasing power dazzled one and all and Multinationals of all hues went headlong to get a piece of the action. It has been ascertained that both India and China are quite similar and are perusing similar liberalization policies. Culturally too there is affinity and therefore investing in China will be a wise move. Liberalization of the economy and a bent towards industrialization in a hurry offered huge opportunities for expansion. As of now as many as 320,000 foreign ventures have come up on mainland China, and they are growing by the day. China is the second largest recipient of Foreign Direct Investments that have crossed 400 billion dollars. Investments have come in from all quarters of the world, mainly from the USA. It would be prudent for us to take advantage of the situation and make a move in the Chinese market now by setting up a manufacturing unit in one of the SEZ’s as a FIE. As a growing garment exporter to the world with an annul turnover of over Rs 5000 crores, equivalent to $ 1.25 billion the Pearl Group of India is faced with a dilemma of competition from China. With the onset of a quota free regime US and European countries are free to buy their requirements from any country of the world and China as a source of cheap labour as well as due to its effective control on the Yuan has emerged as a strong contender against export of Indian garments. As the company plans to add to manufacturing capacity to meet growing demand, it is actively considering converting this threat into an opportunity. There are 2 options. First Option is to add to capacity in India. Second option is to set up a manufacturing unit in one of China’s special economic zones and make it another exporting hub taking advantage of their labour and currency factors. In the past China followed a foreign exchange policy similar to India. Exporters were required to surrender 100% of their foreign earning to the Central Bank and could not use this

Indicte behaviors that hold a team back and what role a leader ship Essay

Indicte behaviors that hold a team back and what role a leader ship process might play in strengthening those areas - Essay Example Leadership is all about building peak performing teams, teams focused on accomplishing goals. Leaders are able to effectively communicate and motivate the team to perform the set goals. Professionalism provides the tools needed to develop essential skills required for personal and team success. Focusing on building skills such as professionalism, effective communication, time management and organization, helps leaders develop a productive team ready to provide a positive contribution to the success of the organization (Vital Learning, N.D.). Many organizations struggle, not from lack of advanced information -- rather, they never really master these basics. One of the responsibilities of a leader is to motivate the team to all work together towards the common goal. This can be a daunting challenge. So often the team is comprised of very diverse members, each with their own strengths, weaknesses, and work styles. The team dynamics are also often complicated by internal disagreements and personal conflicts. The leader, not only has work with this group of people, but also needs to achieve the results expected by their superiors. Leaders can benefit by being able to identify the types of personality characteristics of team members. By understanding the basic personality types, the leader can use individual strengths of members for the good of the team, as well as assign tasks that individual team members naturally excel in. A leader can also learn to communicate in a way that is motivating, by taking into account the needs, values and working preferences of different team members (PointShop.com, 2006). Besides, regular positive and negative feedback from the team members will also help in improving and understanding the needs of the team. For many individuals, every day life activities, including work related activities, are impaired due to a lack of, or untrained organizational skills. What can be done to develop or improve organizational