The case study relates to the concept of foreign direct investment (FDI) and its implications on the modern international business ecosystem in terms of both economic and individual human impact. Key concepts that are covered include offshoring, reshoring, international product life cycle theory, globalization, organizational sustainability and human value assessment. Theoretical implications are provided to explain historical context and the development of the modern international economic ecosystem. All of these concepts are viewed through a lens of “fairness” and “justice” in an attempt to determine how Multinational Enterprises (MNEs) FDI strategies impact on the various stakeholders. The case study highlights issues that arise from companies solely pursuing the reduction of production-cost strategies. The key learning’s from this case study are provided in the business implications section that outlines recommendations for MNEs on establishing a more ethical international business practice.
As result of globalization, improved methods of communication and adjusting to new economic challenges Multinational Enterprises (MNEs), to maximize profits, seek out and develop markets that have lower labour costs, whilst the significance of human capital and organizational sustainability appear to have become back burner issues. With an international economic ecosystem that appears to be increasingly intertwined and fragile, the effects of domestic economy related decisions appear more likely to make an impact at an international level. For example the Global Financial Crisis (GFC) that originated in the United States quickly spread to the entire world.
Caterpillar was originally founded in 1928 and was the result of two different companies joining together, Holt Manufacturing Company and the C.L. Tractor Company. At the time of the merger both companies had pioneered the engineering of gas powered tractors. Both World War I and World War II positively influenced the growth of the company as many of their products were in use during the wars, an example of this is the M4 tanks used by many of the allied countries used motor graders, generator sets and diesel engines manufactured by the Caterpillar company. By 1950, Caterpillar had taken its first move towards offshoring by setting up a production plant in Great Britain. This offshoring effort was an attempt by Caterpillar to avoid the tariffs and import taxes associated with selling into many European markets. As such, Caterpillar continued to expand its operations to strategic locations around the world in an attempt to better serve and capitalize on the international market.
To export a reference to this article please select a referencing stye below:
My Assignment Help. (2021). Business Process Management. Retrieved from https://myassignmenthelp.com/free-samples/mpm701a-business-process-management/case-study-of-caterpillar.html.
"Business Process Management." My Assignment Help, 2021, https://myassignmenthelp.com/free-samples/mpm701a-business-process-management/case-study-of-caterpillar.html.
My Assignment Help (2021) Business Process Management [Online]. Available from: https://myassignmenthelp.com/free-samples/mpm701a-business-process-management/case-study-of-caterpillar.html
[Accessed 14 April 2021].
My Assignment Help. 'Business Process Management' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/mpm701a-business-process-management/case-study-of-caterpillar.html> accessed 14 April 2021.
My Assignment Help. Business Process Management [Internet]. My Assignment Help. 2021 [cited 14 April 2021]. Available from: https://myassignmenthelp.com/free-samples/mpm701a-business-process-management/case-study-of-caterpillar.html.
Getting academic assistance from MyAssignmenthelp.com is the wisest decision that one can take if you wish to secure high grades. If you are pursuing English and require assignment help in Australia, then we provide tailor-made assistance. Are you aware of the various types of essays? If not, then our native writers can help you with any sort of essay - persuasive, narrative, scholarship, argumentative, college application essay, etc. Moreover, free paper editors at MyAssignmenthelp.com offer students revision and proofreading features as well. The pay for essay is also minimal.
Answer: The contextual factors organizational structures or governance, environmental forces, risks confronting the firm, organization and business practices, and the functions of different firms are essential to organizational decision making because these factors are those features of workplace environment which are connected with the efficiency of the collaboration of the organization and their businesses. The capability of diverse teams ha...Read More
Answer: Introduction The essay helps in analysing the approach of servant leadership which can be used by the organisations. The pros and cons of servant leadership are required to be identified which will be useful for the overall growth of the company in an appropriate manner. According to Sipe and Frick (2015), servant leadership is not a style of leadership or technique; however this requires the leaders to put the other individuals first...Read More
Answer: Overview As per area, India is world seventh largest country. In 2017, the Indian economy is the world six largest in terms of nominal GDP (Bhattacharyya, 2018) and also a fastest growing economy all over the world. However, there are some major challenges faced by the economy from a long period of time. These challenges are poverty, corruption and malnutrition. In the globe, India also has second largest standing army. Federal republic...Read More
Answer: Introduction: This particular report mainly highlights the overall behavior of the leader and project managers in various scenario or project (Serrador and Pinto, 2015). In this report, three various kind of project that is good, bad and ugly that is analyzing the behavior of various team member and leaders. Three different lessons are learned about the given project management practices. It will ultimately highlight the behavio...Read More
Answer: 1. Proposed business plan and rationale: In automobile sector, Australia is experiencing prosperous growth due to economic development of country and effective socio-cultural effect. Australia being highly-populated country has to face immense challenges in maintaining a systematic transportation (Bagautdinova et al., 2012). Especially, while shipping online materials the sales executives have to face immense challenges in ...Read More
Just share requirement and get customized Solution.
Our writers make sure that all orders are submitted, prior to the deadline.
Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.
Feel free to contact our assignment writing services any time via phone, email or live chat. If you are unable to calculate word count online, ask our customer executives.
Our writers can provide you professional writing assistance on any subject at any level.
Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.
Get all your documents checked for plagiarism or duplicacy with us.
Get different kinds of essays typed in minutes with clicks.
Calculate your semester grades and cumulative GPa with our GPA Calculator.
Balance any chemical equation in minutes just by entering the formula.
Calculate the number of words and number of pages of all your academic documents.
Our Mission Client Satisfaction
HE DID AN AMAZING JOB, here\'s my teacher\'s feedback: Nice work on a tough assignment. You are able to define important economic terms and put them to use with the conflict at Lake Smiley. Nice work defending your position with evidence from the re...
This assignment was delivered before the anticipated due date and exceeded my exptations. Very well written Thank you so much!!
Thank you for an excellent assignment, it only needed minor adjustments. The reference sources was absolutely magnificently done.
they did a good job I got an 81 precent which I am happy just wished it could\'ve been higher