A leader is one who has to be able to think strategically and make the calls on some very difficult decisions. With being a leader you will get tested to see just what kind of leader you are and if you have a firm “backbone.” In the film 13 Days‚ we see President John F. Kennedy face and overcome these challenges while in office during the 1962 Cuban Missile Crisis. On Tuesday‚ October 16‚ 1962 the national security adviser discovers surface to surface SS-4 Sandal missiles made by the Soviets in
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firm’s key external opportunities/threats and internal strengths/weaknesses. As we have done in SWOT analysis before. Step 2 Assign weights to each key external and internal factor. This part is already done in SWOT analysis. Step 3 Examine matrices‚ and identify alternative strategies than the company should consider implementing. In this part‚ three alternative strategies grasp from previous analysis based on SWOT matching. These alternative strategies are: - Product Centric diversification
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leading suppliers of telecom solutions in Malaysia. The case involves a possible joint venture with Sakari‚ the leading manufacturer in Finland of mobile phones and telecom systems. There is a large potential in the future development of telecom facilities in Malaysia and the two enterprises have discussed a joint venture. Nora is a leading supplier of telecommunication services in Malaysia. They are looking for a Joint Venture to manufacture and commission digital switching exchanges to meet the needs
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Transactional Leader as the word implies business or exchange. Burns‚ 1978‚ opined that a transactional leader is someone who leads though social exchange. It is a process that I simply call trade by batter‚ you do this for me‚ and you get that in return. A politician can be a transactional leader when he seeks to exchange one thing for another i.e. making promises and pulling through with the promises after an election. Also most business leaders are seen as transformational when they give out incentives
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Challenges Faced by Management Managing and supervising people are not an easy job. Every day we are facing different problems and challenges. Maybe a small or big problems that we must enhance or motivate our people‚ talk with them and even sometimes help them to solve their day to day problems. Every individual has his own characteristic to portray. Variations of people should take into consideration in managing them. Factors like timing‚ place‚ and situation would work well for the managers
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old question. Are leaders made or are they born? My belief on this – I believe that a leader is made‚ not born. Why do I say that? Before going further‚ lets be clear on one distinction – when we say a leader is made‚ it does not mean that someone can be taught to become a leader by attending leadership courses. While it helps‚ it is not enough. Warren Bennis (a leading leadership researcher) believes that one cannot be taught to become a leader but one can learn to become a leader over the years through
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1) Evaluate the motives of Both Changan Automobiles of China and Ford Motor Co. of USa in forming the Changan ford joint venture. 2) Using section 10.4 describe the type of strategic alliance‚ the motives for alliance‚ and highlight the issues with their probable causes. 3) Make recommendations to the CEO and senior managers of Changan-Ford on how they can address the cross-cultural issues identified. The Changan Ford Joint Venture: Same Bed but still different dreams? 1. This joint venture
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A joint venture is a contractual agreement joining together two or more businesses in which each agrees to share profit‚ loss‚ and control in a specific enterprise. While a joint venture might seem similar to a partnership‚ there is one key difference that sets them apart. Members of a partnership have joined together to run a “business in common‚” while members of a joint venture have joined together for a particular purpose or project (Ward 1). The joint venture in our case is between Hangzhou
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ESSAY TOPIC (1) :A joint venture is affected by the cultural distance between two partners. In what ways are joint ventures and types of international collaboration affected by cultural differences? INDEX INTRODUCTION 2 What is culture? 2-3 The Cultural Orientation Model .4 The cultural Gap 5-6 Understanding Cultural Differences .6 The Challenge of Cultural Success
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General Electric’s joint venture Case study answers 1. I think the case was different. In the early 2000s joint venture is one of the most powerful weapons in GE s arsenal. After that they prefer to enter in a new country with the help of joint venture with companies. 2. The cause of this situation is‚ GE now doesn’t want to set up a plant of its own because if they do so they will incur a high cost. On the other hand
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