Factors impacting location decisions and international operations. Then, explain
ID: 354810 • Letter: F
Question
Factors impacting location decisions and international operations. Then, explain why you agree or disagree with the following statement: Energy and Utility firms at the beginning of the supply chain are far removed from final consumers.
Include a paraphrased summary, with cites and references from at least 2 peer reviewed journal articles. These can be found either in the library or by selecting the pdf link to the right of your http://scholar.google.com search. Provide cites and references for each of your discussion responses
Explanation / Answer
A business location decision over and over again has played a noteworthy part in an organization's earnings and overall success. A good location policy and approach refers to a strategy for attaining the most favorable location for an organization by recognizing the business requirement and objectives normally implying that organization intend to take full advantage of prospect with reduction in expenditure and risks.
A company’s location policy and approach should be in conformity with its overall business strategy. Thus if an organization attempts to become a worldwide leader for instance in telecommunication tools and utensils then it’s important for them to consider on setting up industries and storehouses in countries that are reliable and consistent with its policies and are most favorably located to enable them to serve its international consumers.
Cultural and traditional perception in global business is crucial to the wellbeing and success of the company. Generally a global business operation has its own unique and distinct set of confrontations and risks which are not always evident and perceptible thus it’s crucial for them to be alert and efficiently deal with any kind of cultural differences that persists for instance political or economic in order to be successful in its business operations.
Effective supply chain out sourcing and management in energy and utility firms enables to stride back from their current business models and strip away the process that are supplementary to their core competencies which in fact results in augmented effectiveness and excellence of goods and services through improved specialization.
It’s significant and noteworthy to consider the matter of fact the manner in which supply chains function which generally symbolizes both benefits and cost savings for electrical utilities companies. Thus it’s imperative to take advantage of the new distribution techniques, sources of equipment and technological development which in fact can result in remarkable prospect for expansion and progression of the business.
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