AFM333 Chapter Notes - Chapter 14: Railways Act 1921, Situation Two, Global Sourcing
Document Summary
Situation size up: role and requirement, role, who you are in the case, understanding the perspective from which the case has been written, requirement. Issue or problem to be solved: decision to be made. Financial position: cash, debt, current situation of the company. Issue identification: two categories of issues, challenges or obstacles the company needs to overcome, decisions the company needs to move forward. Identification of the long list of issues: grouping and prioritization, sequence the issues in order of importance. Selection of next market: 4c risk framework, assess potential markets for entry, risk assessment of potential countries, go or no-go for certain countries. Foundation for approach in entering a chosen country: empi, assess potential markets for entry and screening to a shortlist, criteria for selection, potential choice of markets, market entry strategy continuum, market entry. Subset of gme: value chains, global sourcing, how to organize. International hr concepts and frameworks: hr or organization structure, global culture, global teaming.