i'm not the exact author for this PPT ,but i can clime i'm added something more information on this. i hope this PPT will help you to acquire knowledge about MNC and its role in India in a simplest way.
A brief introduction to International trade and GVCs. Followed by a critical analysis of India's participation in global trade and
GVCs and the steps that can be taken to improve it.
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M&A Case Study - Evaluation of SAIC acquisition for Ssangyong MotorLehana Singh
This PPT explains why companies like Ssangyong are wrong acquisition targets due to the hidden Poison Pills(Cultural +financials.
The 2nd part of PPT proposes an ideal solution for such a complex deal.
A slideshow highlighting the positive effects of globalisation. India burgeoning middle-class now can take advantage of the many retail outlets, malls, shops, restaurants, cinemas.
i'm not the exact author for this PPT ,but i can clime i'm added something more information on this. i hope this PPT will help you to acquire knowledge about MNC and its role in India in a simplest way.
A brief introduction to International trade and GVCs. Followed by a critical analysis of India's participation in global trade and
GVCs and the steps that can be taken to improve it.
Dear students get fully solved assignments
call us at : 08263069601 , or
Send your semester & Specialization name to our mail id :
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M&A Case Study - Evaluation of SAIC acquisition for Ssangyong MotorLehana Singh
This PPT explains why companies like Ssangyong are wrong acquisition targets due to the hidden Poison Pills(Cultural +financials.
The 2nd part of PPT proposes an ideal solution for such a complex deal.
A slideshow highlighting the positive effects of globalisation. India burgeoning middle-class now can take advantage of the many retail outlets, malls, shops, restaurants, cinemas.
Presentation on how the Innovation funnel was introduced in Televic through a creative campagn. Presented at Vlerick, in the series Creativity Talks on Feb 21, 2007
BCI in the U.S. & Canada carries the Schulz Speyer furniture line - here is the Kids Library Furniture Catalog with unique shelving and display furniture utilizing designs of castles, boats, airplanes and much more. www.bcieurobib.com - contact us at info@bcieurobib.com to learn more about our modern library furniture for children
The Best Retail Brands report ranks the top 50 U.S. retail brands by brand value, as well as the top retail brands from around the world. The U.S. brands are valued for the fifth time in collaboration with Interbrand Design Forum, the retail experience group within Interbrand.
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1Case Study Analysis Toyota Car Company.docxadkinspaige22
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Case Study Analysis Toyota Car Company
Case Study Analysis - Toyota Car Company
History and Development
Toyota is a car manufacturer of Japanese origin with a headquarters which is located in Aichi, Japan. It also was founded in 1937 by Toyota Kiichiro. Toyota is one of the best manufacturing automobile companies in the world that also ranked 11th best in the world for its revenue generation in 2012. The methods that Toyota adopts in manufacturing are called the lean manufacturing system. This system ensures that the vehicles that were produced by the company were of high quality and provided continuous improvement. The company's objectives would quickly make the most efficient vehicles to meet the requirements and demands of its customers. This paper will examine the Toyota car company and explain its production, manufacturing, and distribution processes at all levels.
Toyota devised an unbeatable supply chain management technique that allows them to work faster to meet the company demands. The first part of the process is locating parts, and then importing them. Goods are received stored and produced in dealerships, and then the customers buy the cars. The raw materials are procured from a third-party company, and then they are assembled in line for manufacturing (Rothaermel, 2013).
In the transportation process, it entails that Toyota would deliver the products to its customer base using barges and or trucks. Toyota company strives to be efficient in its system by utilizing what is required when it's needed. They also hold production whenever there is a malfunction in the system. Toyota has had the competitive advantage of efficiency and speedy delivery of the products and the company hardly squanders materials or resources (Monden, 2019).
Several factors have contributed to Toyota's long withstanding global success. One of these key drivers is a supply chain management that was developed by Shigeo Shingo and Taiichi Ohno. The management technique components consist of compatibility capabilities, joint improvement undertakings, interlocking structures, mutual understanding, and trust. When Toyota expanded its dealings overseas, they encountered a significant setback where the efficiency was weakened. Regardless, they made a comeback by utilizing their joint improvement activities and recovered the process. This move made the customers extremely impressed with their ability and efficiency to make production fast (Rothaermel, 2013). By utilizing parts until they are finished, then ordering some more, Toyota eliminates unnecessary purchases on the inventory. Therefore, the company can plan and improve processes.
The External Environment for the Toyota Car Company
The 21st-century business is highly competitive. Today, maintaining the status quo is not enough to prevent competitors from achieving a competitive advantage over any company. A successful company is recognized by its ability to coordinate, integr.
Any ambitious enterprise that is going to achieve and sustain profitability and profit
growth, no question, would have to expand business abroad, to gain extra market and
sales, and profit in result, by employing benefit of location and large scale economies,
experience and learning sharing effects. However, as it has been self-proven to
countless firms, foreign markets are never a flat plain field without trap, instead
absolutely represent an adventure. The adventurers would face immense issues like
cross-border management coordination, unions, local consumer taste and preference
over products and services, local government regulations, majority among which stem
from the environmental divergence in different markets, legally, economically, or
culturally. Automotive industry is born for global market, due to the intrinsic pressure
for cost reduction, as the initial high cost per unit retards the market expansion to great
degree. Meanwhile, most of time, cars are consumer products whose markets are filled
with local taste and preference, and local government regulations because the industry
is never too little for local government to neglect the influence of automotive industry
over whole local economy. This paper will go through the basic thinking of
international business strategy concept, and focus on the current world largest
automaker Toyota’s strategy, in the context of the past and ongoing environments.
Speech by the minister of mti mr lee yi shyanLiu PeiLing
12. The second area is in enhancing capabilities. SPETA, together with SIMTECH, has developed a simulator for training computer numeric control machinists, which can significantly reduce the hours and machine resources required, compared to traditional training methods. In other words, trainees would be able to practice different and more types of machining requirements within the same allocated training time. With this additional preparation, trainees would have a shorter learning cycle when they start working with the companies. I am pleased to note that the Institute of Technical Education (or ITE) is already in discussion with SPETA to integrate this simulator into their training curriculum.
1. International Business IB consists of all commercial transactions between two or more countries. (the goal of private business is to make profits where the govt. business may or may not be motivated by profits). IB means carrying business beyond national boundaries including the transaction of economic resources such as goods, capital services (comprising technology, skilled labor, transportation etc.) 1
2. Eg. e.g. Kia Sorrento(Korea car), the CD player from Matsushita Japan, Optical pick up unit from China, mechanical structure & electronic components from Japan then transport the semi finished products to Mexico for final assembly and trucks completed CD players to a US Port & they finally shipped to Kia’s South Korean factory. 2
3. Why to study IB? IB comprises of a large & growing portion of the world’s total business. Companies irrespective of size always affected by the global events & competition. Thus, most managers, regardless of size & nature need to consider both where to obtain the inputs of your reqd. quality at the best possible price where you can best sell the product or service that you’ve put together from them. 3
4. Why studying of IB is important? Most companies either are international or compete with international companies. Modes of operations may differ from those used domestically. The best way of conducting business may differ by country. An understanding helps you make better career decisions. It also helps you to decide what governmental policies to support. 4
6. Factors in increased Globalization Expand sales(Tata International) Increased in & advancement of technology. Liberalization of cross-border trade & resource movement. (Tata Steel, KPO) Minimize risk (Nestle) Cost factor (Toshiba laptop) Counter-Competitions Changing political situations Openness of economic policies 6
7. MNCs/Transnational/Supranational corp. It is an enterprise with a substantial part of its operations in a number of foreign countries. For qualifying as an MNC, the numbers of countries where the firm operates must be atleast 6 (Vernox 1971, UN 1978) Firm must generate sizeable proportion of its revenue from the foreign operation, although no such exact % is agreed upon. Out of 500 top MNCs, 176 are from US, 81 from Japan, 39 are from France-as per fortune’s annual ranking in July 25. 2005. 7
8.
9. Europe topped in investment for MNCs with 54%, US ranked as second with 27%.
10. Sectorial composition of M&A deals, Metal 56%, engineering 7%, IT 7%, Oil & gas 4%, Pharma & Healthcare 3% and others 23%.8
11. Types of MNCs Ethnocentric Firms > adopt HOME oriented policy & seldom distinguish between domestic & global operation policy Polycentric Firms > follow a HOST market oriented policy. Geocentric Firms > maintain a balance between HOME & HOST market. 9
12. Indian MNCs Tata Group of Companies Birla Group of Companies Reliance Group Hindalco Industries, Aditya Birla Group(Aluminium & Copper) Dr. Reddys Lab (World best pharmaceutical co.) Dr. Morepen (Self monitoring health care product) Suzlon Bloomberg (Wind turbine maker) Bharat Forge Ltd. (Producer of machine components) Sundaram Fasteners (Manufacturer of automotive components) 10
13. Forces drive Indian to International Go global & take charge, Global mindset Brand image Coping Strategies Managerial Skills to deal with varied customer Work for team in different cultures & Integration Managing companies through M&A Work under Mutual respect & trust 11
14. Modes of IB: Exports & Imports -Samsung, Tata Motors in 70 countries, Sony (Tv), Matsushita(VCR). Licensing- Xerox with Fuji (Fuji Xerox), Arvind Brands from Arrow, Lee, Wrangler, Tommy Hilfiger. Franchising- McDonald strategies of running Restaurant like cooking methods, menu, staffing policies, designs & locations. Management Contracts- British Airport Authority contract to manage some of the airports of US, Italy & Australia. Disney manages theme park in France & Japan. Tata Tea & Harrison Malayalam contract to manage plantations in Sri Lanka 12
15. Contd.. Joint Ventures- IBM with Tata Groups. TACO(Tata Autocomp Systems) has JV with # Johnson Controls (U.S) # Faurecia (France) # YazakiCorp.,YatakaGiken, T.Rad(Japan) # Ficosa International (Spain) # Stadco (U.K) # Owens Corning (U.S.A) # Sungwoo (S. Korean) # Knorr- Bremse (Germany) 13
16. Contd.. Turnkey project- Devanahalli airport of Bangalore is a joint turnkey project of L&T(civil) & Siemens(all technical works). # IRCON International Ltd. public sector unit of the Ministry of Railways, India. Wholly –Owned Subsidiaries/ Greenfield Venture- Microsoft in Hyderabad. # ING group of Netherland formed in 1991 by way of acquisition. # Tata steel subsidiary unit NatSteel in Malaysia sold its stake 27.03% to southern Steel Berhard, Malaysia. 14
17. Contd.. # Elcoteq of Finland entered in India 2005 as Elcoteq Electronics India & OEMS handset with manufacturing 7 infrastructure facilities. # $ 21.5 billion LG Korean MNC entered in India in 1997 and had a turnover of Rs.6500 crore in 2004. Strategic Alliances- Motorola of Japan to enter the Chinese market allied with Toshiba for producing microprocessor in 1987. # Philips allied with Matsushita in 1992 to manufacture the digital compact cassette in order to outclass the mini compact disk developed by SONY. 15
18. Contd.. Mergers & Acquisitions- Roche(Swiss) pharmaceutical co. merged with Chugai(Japan) in 2001. #Tata Motors (India) acquired Daewoo(Korea)commercial vehicles in 2004 to manufacture 15T GVW to 45T GVW. # Tata Tea acquired Tetley the 2nd largest tea brand in 2000 and thereby got access to new markets of the developed nations & products both. 16
19. Contd… Contract Manufacturing- Godrej soaps manufactured Dettol for Reckitt & Coleman. # Clearton for Nicolas Labs. # Ponds Dreamflower & creams for Ponds. # adidas gets manufactured from Apache footwear Ltd.(China) on a contract basis, now it wants to estb. A plant in Hyderabad. 17
20.
21. Contd.. Minimizes Risk- Cos. Tries to reduce the vulnerability to a single economy by having a “BROADER BASE IN MULTIPLE GEOGRAPHIES” that equip better against the downturn. Eg. Nestle Cost factor- It plays an important role in inclination of org. towards IB and results became more competitive internationally by reducing cost. E.g. Toshiba Laptop (Display +Chips from Japan, Hard drive + microprocessor from US, other components from Singapore & Taiwan and finally assemble in Singapore) 19
22. Contd.. Cross national co-operation/Emergence of supportive institution- Today govt. realized that their own interest can be addressed through international co-operation for gaining the reciprocal advantage, attack problem jointly, deals with area of concern outside the territory of any nation. E.g. G8(Canada, France, Germany, Italy, Japan, Russia & UK),G20 meet regularly to share information and pool ideas. 20