Unit VI Analyze the Running Case on page 488 of the textbook, Essay

Unit VI Analyze the Running Case on page 488 of the textbook, - Essay Example ndle customers, customer care protocols, production chain management, communication approaches, recreational, wellness systems and marketing techniques. Training on such aspects enables companies to focus their synergies in providing competitive services at the right time. This paper explores the best way of managing training program at Manage Your Health Company (MYH) that is expected to be rolled out. The training programs the institution seeks to adopt is to improve employee performance by ensuring their health and physical wellbeing. In particular, the company that has over 20,000 full time employees and 5,000 part time employees is set to offer training on recreation and wellness. The program is to be facilitated by experienced trainers with the capacity of ensuring holistic development. As noted, MYH is set to roll out a recreation and wellness training program that aims at equipping employees with requisite incentives for health development. The training is to be executed to boost health conditions of the staff and in turn engage in quality service delivery. Improving employee health requires effective and timely enlightening on dietary matters, awareness creation on healthy foodstuffs, and education on balanced diet among others (Richard, Emener & Hutchison, 2009). On the other hand, keeping fit calls for favorable fitness training and systematic workout by the employees. These aspects require a well versed training team and management for best results to be attained. To achieve the objectives, the institution contemplates outsourcing the management of the training process to facilitate the program based on the scope of work to be executed. However, the proposal to outsource trainers is deemed unnecessary and wasteful given that MYH Company has a well-established internal training team/department that has over the years conducted various training programs successfully. The internal training department has the capacity to conduct the program that requires

International Business Theory and Practice Essay

International Business Theory and Practice - Essay Example Starbucks is one of the leading coffee chain businesses in the world which has been exemplary in their strategies for domestic as well as global expansion processes. Starbucks Corporation in a Washington based company but over the last decade, the company has employed different innovation strategies to expand their business internationally and has increased its number of stores across the world at an accelerated rate making it one of the fasted internationally growing multinational corporations across the globe. The company is specifically focused on expanding into the emerging markets with high potential for growth like Middle East, Europe, and Asia pacific including China, Korea, India and the Latin America markets. This paper focuses on the different strategies of Starbucks in entering the emerging market of North Korea. There are a number of studies and theories presented by different scholars and researchers who have studied the different factors related to the international expansion of various multinationals. The Uppsala model for internationalization expansion processes was one of the earliest developed models for global expansion policies of multinational companies. The Porter’s diamond model for competitive advantage of nations is a critical model used to understand the different locational and company specific advantages to be considered in the international expansion process. According to the study of Chen and Mujtaba (2007) the entry mode factors considered for the expansion strategy are based on transaction cost model and can be considered the most critical step in the global expansion process (Chen and Mujtaba, 2007, p.322-337). The transactional cost model states that the implementation cost of an entry mode is a critically relevant factor in choosing the entry mode for implement ation. According to the work presented by Tang and Liu (2011), the evaluation of the