Solution
Soumi answered on
Dec 16 2020
MANAGEMENT PORTFOLIOS CASES 1 TO 4
Table of Contents
Chapter 1: Case 1 3
Q1. 3
Q2. 3
Q3. 3
Q4. 3
Chapter 1: Case 3 4
Q1. 4
Q2. 4
Q3. 4
Q4. 4
Chapter 3: Case 3 5
Q1. 5
Q2. 5
Q3. 5
Q4. 5
Chapter 4: Case 1 6
Q1. 6
Q2. 6
Q3. 6
Q4. 6
References 7
Chapter 1: Case 1
Q1.
The major benefit of outsourcing of Australian business organisation in the availability of cheaper labours in the Asian countries, which generates higher productivity and lower production cost of products or services. As mentioned by Reza et al. (2018), the Asian labours are among the cheapest worldwide and a major reason for the developed countries to outsource. As for the difficulties of outsourcing in Australia, it has to be noted that keeping the balance between increasing profit and generate scope for employment in the country becomes a matter of controversy.
Q2.
It is fact that the globalisation became a global phenomenon with the rise and popularisation of internet, thereby; the opinion of Mr. James Haensley has to be agreed upon. As supported by Jia (2018), internet made long range communication, easy, fast and cheap, widening the scope of commercial transaction and eventually lead to globalisation and rise of global village.
Q3.
Keeping in mind the fact those Asian countries such as India has cheap labour and there is also a need of using skilled labours in Australia, I, as the second in command of a mid-sized Australian company would outsource only front office sections of their company, keeping the backdoor office and production facilities available for skilled labours in Australia. As supported by Fountain and Langar (2018), at the time of outsourcing, companies must consider need to sustain employment scope in their home countries.
Q4.
Being an Australian company, the knowledge about the trends in the Indian market and its labour base would be very difficult and time consuming for the striving company. As FooBooOnline.com has the knowledge of Indian market, based on research conducted beforehand, the striving mid-sized company would be benefitted through using the suggestions and services provided by FooBooOnline.com.
Chapter 1: Case 3
Q1.
Most of the international businesses are considering China as a major market full of opportunities, as until recently, the country maintained a very restrictive economy, which had evolved within itself, relying on its local resources. As China has lightened the economic constraints, as mentioned by Gaur et al. (2018), the foreign investors are seeing China’s huge population and unexplored market as a major source of profiting. However, highly popular national companies, and their ability to offer global class products and services is causing threat to international companies who not only facing risk in China, but also in the international markets.
Q2.
Considering the remarkable overcoming of odds by Yansha and its use of latest information system technology, it can probably be moving out into the global market to increase its revenue. As supported by Giudici and Rolbina (2018), when a company starts generating excellent services or products, it must go global to expand rapidly. In order to expand internationally, Yansha would require global suppliers and assessment...