At the most recent strategy session, the CEO of Pegasus, Tom Oswald, and division managers of the Wireless Division decided that they would like to expand into China. Through the team’s initial research, it indicates that China is likely to develop into a profitable market for wireless. In conjunction, the government has made spending on wireless a priority as an added incentive to pursue this venture. The extreme expenses of burying communication cables make wireless the most optimum solution. Additionally, copper wires are used for the buried cables, which tends to a lucrative business to steal the copper cables and sell it in the black market.
Although it seems like a “no brainer” for the Chinese to enter into the market, extensive research has raised red flags for doing business in China. In order to conduct business, Pegasus would have to obtain licenses, and typically, a “payoff” is required to acquire them. Typically the “payoff” occurs when a company contracts an agent to represent them in the country and to obtain the license. What the contractors do is their own business; as the CEO of the respective company signs a disclosure statement, stating that they know of no instance where they bribed for their business. This leaves Pegasus faced with the decision to pursue the potentially risky wireless business venture in China or to find a different market.
Stakeholders
There are numerous stakeholders in this situation in this operation, which can be broken up into two groups: internal stakeholders and external stakeholders. Beginning with the internal stakeholders, the first and most important would be CEO, Tom Oswald. Considering the fact that he is the Chief Operating Officer, he is in charge of total management of Pegas...
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...ent would need to a sign a contract to legally do business exchanges in China while abstaining from any kind of potential “payoff”. Even if this route costs more since there are no “payoffs,” the increase in revenue is still more than the company would have without the business in China.
Another option is to recruit from within the company. Having someone on the inside that is already familiar with how Pegasus works, its values, and the direction in which it wants to head in would be a great asset. Once there is a viable recruit, more substantial research could be done on how to obtain licenses in China and ethically provide the Pegasus product to a consumer in need.
Generally speaking, this opportunity is immense since it opens doors of globalization and allows for these countries to be mutually beneficial, all while promoting a healthy, competitive atmosphere.
Cisco Designs, manufactures, and sells Internet Protocol (IP) - based networking and other products related to the communications and information technology (IT) industry and provide services associated with these products and their use. The company provides products for transporting data, voice within buildings, across campuses and globally. The products are utilized at enterprise businesses, public institutions, telecommunications companies and other service providers, commercial businesses, and personal residences. Cisco conducts its business globally and manages its business geographically. Its business is divided into the following three geographic segments: The Americans; Europe, M...
When horrific crimes occur in large cities, many of them can be chalked up to gang violence or to the larger population of that specific city. But when horrific crimes happen in small cities like Lincoln, Nebraska, people begin to ask questions like who did this and why. In 1958, a nineteen year old man named Charles Starkweather put the entire state of Nebraska and possibly the entire nation in a state of terror. With his murder spree taking only three days, Starkweather had collected a body count of ten bodies, including two teenagers and a young child. Understanding Starkweather’s past and state of mind begins to answer the second question of why.
his company, John Lin, the CEO and founder of Shang-Wa, approaches Bernard Lester, CEO of Lester Electronics with a serious proposal to form and partnership and expand the business in to a neighboring Asian country. Lester Electronics however, has to decide whether a partnership is the best way to go, or if acquiring Shang-Wa outright would be more beneficial. This paper will go over any issues and opportunities associated with this scenario.
Stakeholder is anyone with an interest in a business; stakeholders are individual, groups or businesses. They are affected by the activity of the business. There are two types on stakeholders who are internal and external. Internal stakeholder involves employees, managers/directors and shareholders/owners. External stakeholder involves suppliers, customers, government, trade unions, pressure groups and local and national communities.
The article also give snap shot of the foreign companies who misjudge the Chinese culture, competition, size the market, and some other factors, have been badly affected by investing in china.
...pective relationship as both sides will need to take information back to their team to work on a way forward. Chinese are generally risk averse but once they commit their plans tend to be long term which is not unusual when you consider how important the relationship building is prior to agreeing to do business.
... Additionally, the hurdles imposed by the government agencies will impact the cost of sourcing from China adversely and will have a negative impact on the profitability for the company.
The world is experiencing a communications revolution. The Internet, e-Commerce and other developments (including the convergence of communication technologies) are profoundly reshaping economic and social life. AT&T must position itself to meet the challenge of this revolution. The strategic development of information-based industries is a key to the future social and economic development of the world.
In this essay I will be writing about the stakeholders of both The IPO and Waitrose. I will also be evaluating the impact of different types of stakeholders in one of these companies. Stakeholders can be any person or organisation that has an interest in the activities, goods and services of a business.
In the reading "A first time expatriates experience in a joint venture in China" we have come to understand the nature and structure of the joint venture between the U.S.A. and China and the role that James Randolf played to strengthen and maintain the international partnership.
T-Mobile started to explore developing countries’ markets to increase market shares and maintain its profits. “As penetration rates in many developed regions such as Europe approach 90 percent or more, mobile operators and handset makers are looking to new markets where people may have never even picked up a regular telephone” said by Marguerite from CNET News. For instance, T-Mobile does make significant decisions in developing markets in emerging markets, including China. The cooperation with China Mobile not only helps T-Mobile to establish a foothold in China, but also brings it an opportunity to build new international business between China and USA.
Internationalization Phase, during this phase Chinese companies focused on ‘building brand, localization of products and services for new markets, and differentiation of products to support higher margins’ they did what was ‘good enough’ for the market (Teagarden & Cai, 2009:78). An important issue during this phase was to research and develop the products, and to keep the key talent of the company, such as managers and engineers.
This case study is intended to analyze the movie When a Man Loves a Woman, and to provide worst and best case scenarios for treatment. This film depicts a family that is struggling with a family member’s alcoholic dependency. The mother, Alice Green, is a school counselor who has an addiction to alcohol that is causing her to experience problems in her life as a result of her use. Her husband, Michael Green, is an airline pilot that is very protective Alice and often steps in and takes over for Alice, even in her role as a mother. Alice has two children, Jess and Casey, which also bear witness to their mother’s deterioration from alcohol addiction.
The changes in the technological can influence many part of societies. When the AT&T Company introduce their new product and services which is wireless and wire line technology will effects occur primarily through the new products, processes, and materials. Thus, changes in technological also often can achieve higher market share and earn higher return because, newly emerging technology from AT&T could derive competitive advantages. For example, internet today becoming more remarkable capability to provide information easily, quickly, effectively, and also can create more value for customer in the future and to anticipate future trends.
Interests: A population of 1.3 billion along with a growing economy makes Chinese market extremely important for Google to enter