La Trobe University free essay sample

Choose an option that you would recommend and give reasons. I choose a product manufacturing the component in- house, first Control of Quality and Reputation Making products in-house means that companies are solely responsible for the quality of a product as well as its delivery time. By not relying on an external supplier, a company can ensure it protects its reputation by delivering the quality it wants in the time it desires Containing Intellectual Property Intellectual property refers to the creations of the mind, such as designs, inventions and art. Although its common for companies to require outsourced manufacturers to sign confidentiality agreements to not steal or duplicate any new technology they are producing, each country has its own legal ramifications in regard to intellectual property. Outsourcing the manufacturing of such a product allows others to see the technology behind it. When outsourcing, theres always the risk that new, innovative technology could be duplicated 10. We will write a custom essay sample on La Trobe University or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page CLOSING CASE: Restoring Dell’s Competitive Advantage i. What is meant by the phrase ‘replacing inventories with information’? Additional questions: a. Suppose you worked for a firm that transferred you from Australia to a developing country in Asia or South America. How do you think you should be compensated relative to your peers in similar jobs at home? A foreign company working experience, can bring the advanced technology back to the developing country, also the advanced management mode can improve the firm’s State of operation. b. For Australian multinationals, the main reasons cited for expatriate failure are (i) inability of the manager and spouse to adjust, (ii) the managers personal or emotional maturity, (iii) the inability to cope with larger overseas responsibilities, and (iv) other family problems. Given this framework, what steps can HRM managers undertake to offset these types of failures? First ,the expatriate should be an mature staff, and the expatriate must able to cope with larger overseas responsibilities, also can Handle all family relationships properly. c. Define the term logistics and discuss the overall objectives of international firms in terms of production and logistic. Logistics is the management of the flow of resources, not only goods, between the point of origin and the point of destination in order to meet the requirements of customers or corporations. . List the five determinants of ethical behaviour and differentiate between business ethics and personal ethics. Discuss how business ethics and personal ethics are interrelated. The five determinants of ethical behaviors are: Personal Ethics, Organization Culture, Unrealistic Performance Goals, Leadership, and Decision-Making Processes. Businesses are composed of people and each person brings his or her own ethics to work. Knowingly rationalizing ones actions, in an attempt to profit from it, is a personal decision that impacts business. The person making such a decision is not being personally ethical. If others in the organization are aware of the situation and do nothing to stop it, then the cumulative ethics of the organization are breached. For a business to behave ethically, the individuals within the organization must behave ethically. In other words, I see personal ethics being the foundation for business ethics