success. FUfUlndo Gonzalez‚ Chairman and ClW. Las Ferreterlas de Mex;co‚ SA. de C.v. ‚ THECOMPANY Las Ferreterfas de Mexico‚ S.A. de C.V. (FeITeterlas) was the second largest retailer of lumber‚ building materials‚ aud home improvement products and equipment in Mexico. Ferreterfas operated 82 stores in Mexico City and throughout most of the northern regions of Mexico. Each of Ferret.er{as’ stores offered between 10.000 to 20‚000 stock keeping units (SKUs) in a retail sales area‚ an outside
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Las Ferreterías De México Comments Who Makes the recurring Key Decisions in Las Ferreterias? Mr. Gonzalez makes some of the global decisions but the store managers make a lot of the recurring key decisions. Person(s) Responsible Key Recurring Decisions for Making the Decision Order right items in the right quantities S Staffing with right numbers of good people S Pricing S Granting credit S (with corporate check on large decisions) Selling S‚ R (large contractors
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Multinationals would be greatly interested in setting operations in Mexico depending in the business being conducted for many reasons. For one‚ 90 percent of in Mexico is under the free trade agreement. Many MNC’s located in Mexico are moving away from importing parts and materials and doing everything in house. Under the terms of the North American Free Trade Agreement only parts and materials from outside originating in one of the NAFTA trading partners are now allowed to enter the processing zones
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When the Spanish came to the coast of Mexico‚ the Aztecs were the most powerful nation in the region. For many centuries earlier‚ advanced civilizations inhabited the country. The Olmec civilization is known for the amazing colossal heads. Of the known Mayan temples‚ hieroglyphs and their math. From the Aztecs are known temples and your calendar. Powerful astecas Mexico dominated the region when I Herman Cortes in 1519. Cortes‚ a Spanish captain‚ went to Mexico in search of adventure and riches. came
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October 2014 Mexico Mexico is such a beautiful country and there is so much more to Mexico and their culture then what people really think or know. It is were all my family is from. I am from a state called Durango. I have only been there a couple times but I know I am going to go back to visit sometime soon. Mexico is located right beneath the United States. It borders The Gulf of Mexico and the Caribbean Sea. It ’s geographic coordinates are 23 00 N‚ 102 00 W. Mexico is a total of 1‚964
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Introduction To find out whether or not Mr. Gonzales should implement the new compensation plan‚ we will initiate with a valuation of the proposed bonus plan that he is considering. This evaluation will include an analysis of the key decisions and the persons responsible for making the decision as well as a discussion of the proposed plan. Upon this analysis we will conclude whether it is a good idea to implement it and state our suggestions for a modification of the plan. Valuation of the proposed
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Good management- Most of the Employees value rewards of different nature and they are therefore motivated by positive rewards. Employees are known to put less effort to those activities or tasks that are not well rewarded and hence in order to motivate them in their work‚ a good scheme for rewarding them is important. These rewards are different in nature and include compensation‚ awards‚ off duties and many others. Mr. Gonzalez came up with the idea of implementing compensation plan as a way of
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Content Introduction………………………………………………………………………………..….3 1. Cultural differences in a business environment between the USA and Mexico ….……4 2. The USA – Mexico relations overview ……………………………………………..…….5 3. The USA – Mexico relations in the automotive industry‚ trade and FDI………………6 4. Government support program for Mexican auto part producers…..…………………11 5. NAFTA ……………….…………………………………………………………………...11 6. Entry mode strategy………………………………………………………………………12 7. Political risks for investors………………………………………………………………
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BUSINESS aTTIRE FOR mEXICO Dark‚ conservative‚ suits and ties are the norm for most men in Mexican business culture. Junior execs in some industries‚ notably technology‚ may dress more casually or less expensively. But visitors will seldom err if they adopt conservative ways. Ensure that your shirts are well-pressed and that your shoes are polished to a high gloss. Standard office attire for women includes dresses‚ skirted suits‚ or skirts and blouses. In Mexico‚ femininity is strongly
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Mexico Mexico is located on the continent of North America.It is surround by water on two of its sides.Those to bodies of water are called The Gulf of Mexico and the Caribbean Sea. Mexico is also neighbored be three countries. Guatemala and Belize are on the Southern border and the United States of America is on its northern border. Mexico’s population in 2013 was 122.3 million people. The capital is Mexico City‚ it is also one of the most popular places in Mexico. It is also one of the oldest
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