halloween

Why Are We Best for Assignment Help in Australia?

300k+ Satisfied
Customers

Star ratings
4.8/5

Based on 6989
Reviews of our
happy customers.

Order Now

Amazing Features We Offer

24*7 Help Service

100% Satisfaction
No Privacy Infringement
Super-fast Services
Subject Experts
Professional Documents

Get Lowest Price

Get A+ Within Your Budget!

    Total Price

    USD 7.33

    Partnership Between Zoomlion And Cifa

    INTRODUCTION

    The business environment on the global level is an important component these days and support the growth and development of various aspects of companies with respect to profits, revenue generation and market suitability. In regard to the same, companies are susceptible to various factors on the competition platforms. They need strategic planning and implementation of proper measures which will prove beneficial and provide support to the entire business organisation. Furthermore, it caters to the needs and requirements of international customers by combating the marketplaces through employing the latest trends and applying suitable strategies for overall profits. This assignment is based on the research that is based on the business partnership between Chinese Construction Equipment Manufacturer Zoomlion with Compagnia Italiana Forme Acciaio (CIFA), the Italian concrete equipment manufacturer. It also describes the internal benefits with the synergies prevailing after this partnership between both their employees and staff. Moreover, it lays light on the contribution of both the country's governments, that is. Italy and China. This includes the models like Handy's Model etc. to gain insights into the cultural disparities along with national and corporate cultures. Moreover, this will assist in improving the economic aspects and related knowledge for overall enhancements of the operational activities.

    MAIN BODY

    1. Areas for expected internal benefits and synergies for both companies

    With reference to the partnership between Zoomlion and CIFA, it has become the talking point as it led the medium sized construction machinery maker into the maximum stakeholder of 60 percent at CIFA in association with other two investors. For Zoomlion, this came under the strategic planning of expansion in terms of competing at global levels by boosting their technologies and exportation in the labour markets. This move came after its biggest rival Sany Heavy Industry's announcement of investments of more than 100 million dollars for a new US Facility (Brock, 2005).

    This partnership has proved beneficial in terms of matching synergies between both companies. Zoomlion used its own cash of 50 million dollars and rest borrowed from the Barclay's Bank of Hong Kong branch in the hope to secure a foothold in overseas through this expansion plan by sales generation of 40 percent of total sales (Luo, 2007). On the other hand, Cifa's eight shareholders sold the entire shares in acquisition to maintain the brand's name through Magenta, an Italian's private sector equity enterprise.

    Involvement of Chinese and the Italian governments

    Here, the Chinese government promoted investments by regional corporations in abroad due to its hunger of influencing the mature markets by prevailing capitalism. Additionally, the struggling equity markets tend to seek such options by Chinese buyers to capture the deal by not over-paying for the asset. Thus, the government looked into this arena after encountering failure in few overseas deals.

    Nonetheless, this impacted the Italian Government in small manner as the shares of its products in international market might make Zoomlion the largest concrete handling company in the world. Although, the entire framework of R&D and supervision of drawings with related components has been done at their head office only and underpinned the future positioning in the targeted growth rate (Caponio, 2005). Along with, the engineering parts like hydraulics and mechanical have been delivered from Milan only leading to implement the governmental policies for exporting and other taxation charges. It assisted in entering the Chinese market in direct terms by setting up of their factory due to the shared synergies.

    PESTLE analysis of Italy and China

    This analysis is done to understand the micro-environmental factors in terms business and project management. China has opened up its cross border activities to gain economic profits by moving towards e-commerce development, low labour costs and growing GDP rate. Further, it also laid regulations with respect to IPR, Taxation, consumers' rights in relation to reliability and validity of electronic products (Schniederjans & et.al., 2015). The sociocultural have a deep rooted affects as China's demographics of being the most populous country leads to fluctuations in distribution of social parameters like religion, emigration, education etc. However, there is an unstable online payment system as B2C industry is still in developing phase, with lack of trust in the functioning and low acceptance of credit card usage. The environmental aspects involve the reduction in carbon footprint with proper elimination of wastage in the surroundings.

    Italian market has variations as the Parliament has remained unchanged and is making changes to overhaul the enactment of bills at speedy manner. It led to a shaken economy and rise in rate of unemployment. Along with, the Euro crisis made it worse but such acquisitions led to a participative system by trusting the private sector and the government (Geckeler, 2006). This is an agrarian based country but also one of the richest economies and had a good debt ratio with good VAT offers. Its community is proper mix of urban and local and include shopkeepers, farmers, estate owners and more. In addition, it is called as the hub of innovations and conceptualizations in art and scientific experiments. Here, pollution is the area of problem but also promoter of renewable sources of energy. Lastly, it is feeding in the court of jurisdiction where tribunals, court of appeal are evident.

    Porter’s 5 forces on Heavy machineries in Italy and China

    This five forces have helped in shedding light on the usage of heavy machineries in both the countries. As both the companies are into the same sector, this acquisition helped them, in retaining their positing in the targeted markets. This deal came when the entire global suffering from financial crunch, thus they suffered a steep decline in their sales and revenues. However, this acquisition paved a path of opportunities for both sides at global markets. Furthermore, this conceptual framework determine the intensity between the competitive forces to attract the potential growth in the Industrial Organisation (Bellandi & Di Tommaso, 2005). The Porter's Five Forces Framework put insights on the heavy machineries at globalism level with respect to Zoomlion and Cifa. There have been an analysis in terms of buyers' power of Zoomlion with other two investors with inclusion of suppliers bargaining power, of giving back in the surplus market through consistent quality and standards, the complete competitive rivalry with the threat of new entrants like Sanye etc. with substitution of threats.

    2. Describe this partnership with risks associated. Justify it with Zoomlion’s subsequent partnership with India's ElectroMech

    This partnership paved a customary evolution in the heavy machineries' sector. Due to economic recession, the Chinese Company, Zoomlion took this step of acquiring Cifa to conquer this sector on global level through expansion by streamlining their decision making and gaining the competitive edge over its local rival company Sany. Nonetheless, with maturation in time, it has affected both the companies’ synergies with respect to sales, revenues and production (Peng & et.al. 2017). However, there were a few challenges attached with it, as China was still in progression of putting foot in the global market, the Italian political system was booming (Deresky,2017). This affected the dynamism as Cifa was in turmoil state due to decreased revenues and was given a steady push to directly enter the Chinese market without any significant moves. Zoomlion needed to crack on the global podium and tapped this opportunity by joining into new dimensional territory with a pool of options and it became the second largest European and Chinese acquisition deal of that time.

    This can be compared and contrasted with another joint venture of Zoomlion's with India's largest Industrial Crane Manufacturer, ElectroMech. This deal was set up for the first time as the direct invested overseas plant. It has 70 per cent with the strategic planning of going localized by becoming globalised through investing in the Indian market for 100 million dollars (Meyer & Peng, 2016). Recently, India is on the brink of growing economies and has a GDP of 8 percent growth rate (Deresky, 2017). Thus, this alliance led both the companies in the limelight by entering the infrastructural sector having tower cranes as the potential future place with an explosive demand in all developmental projects like construction, real estate and more.

    In this regard, the justification that can be inferred is that Zoomlion has spread its power in almost all the countries gradually by taking over the global market in strategic alliance with other similar companies of the world to spread out the product portfolio through market positioning. It helped to utilise the advanced technologies with the expertise in research and development with manufacturing sector strengthened the service with sales and profits in exponential direction (Wilson & Wilson, 2017). Henceforth, this partnership of Zoomlion with both Cifa and Electro Mech respectively encountered into addressing opportunities in tapping new and reserved marketplaces in successful and effective manner and such small companies in terms of global level can replicate this Chinese company's growth and progression at international level (Welford, 2016).

    3. Analyze the impact of ‘partnership’ between Zoomlion with CIFA by involving national and corporate cultures

    The above mentioned partnership involves both corporate and national cultures that have an impact on the overall working practices. There are many models which must be explored to study the nature of this partnership and its effects.

    Trompenaars Cultural Dimension Model:

    This model is based on the cross cultural communication between the management and business ethics. It has seven dimensions namely:

    Individualism vs Communitarianism- Here, the realization of culture disparity is important as China has low individualism with high communitarianism, and Italy with high intensity of individualism due to the cultural differences' in their societal norms (Zander, McDougall-Covin & Rose, 2015).

    Neutral vs Emotional- Neutrality means emotionless or holding back like China whereas emotional infers an open and natural culture in terms of Italian culture.

    Universalism vs Particular-ism- These are the beliefs with set of practical ideals which can be applied but when in general then called as universal ism and when applied as per situations then referred as particular-ism (Tate & et.al., 2014). China has high particuliarism whereas Italy led the universalism ideology that led to innovations.

    Specific vs Diffuse- This aspect concentrates on the interconnection between the different aspects of life such as work life balance (Meyer & Peng, 2016). Italian people in coalition with integrated work responsibilities whereas Chinese have the diffusivity nature.

    Sequential vs Syn-chronic- Here, sequential is the time specific with chain of events. Whereas syn-chronic is structured with proper scheduling. This is circumstantial and is based on both long and short term orientations. In this aspect, both of the parties behaved as per the situation.

    Internal vs External control- In this, all the factors are important, that is both internal and external environmental factors (Schniederjans & et.al., 2015).

    Achievement vs Ascription- Achievement culture is based on performing functions whereas ascription is the term where an individual's personality is significant (Zucchella & Magnani, 2016). China is ascripted oriented and Italy is achievement based.

    This model assisted the workforce of both the companies in viable and proper way, leading to enhanced productivity and sales volume.

    Handy Model of Corporate culture:

    This is the model which lays emphasis on the organizational culture and is based on the power, role, task and person. Here, the power describes both the companies strengths which is based on the workforce' abilities, knowledge and skills. If followed effectively, then organization is on the path of success (Terjesen & et.al. 2016). Its initiated from the role culture has an imperative part in standardization and formalization of functional areas through collaboration with stable business environment. In context of partnership, this took place with the purpose of gaining steady growth at global level (McIntosh,Waddock & Kell, 2017). Moreover, task culture is influenced from structured project orientation for bringing profits. Lastly, the person culture mainly depends on unusual cultural work space due to such partnerships between two countries, affecting the entire organizational set-up (Gerschewski, Rose & Lindsay, 2015).

    To sum up, these models helped the companies to gain insights about the existing and newly formed policies and their employees reactions for better working environment (Hair Jr & et.al., 2015).

    Recognize the differences between business and national cultures

    There are cultural differences in both business and national levels. With advent of globalization and open economy, there are various dimensions to analyze the differences in national cultures with respect to organizational culture (Zahra & et.al., 2014). This difference can assist the organization to channelize the behavior of workforce by unifying the managerial problems arising due to this parameter. Moreover, this occurs due to diversified cultural backgrounds, traditions, values and religious beliefs (Taglioni & Winkler, 2016). Here, one must have an understanding that business cultures are the practices due to strategic options between different companies whereas the national cultures are connected to the different cultural values.

    In addition to the above, national cultures is the representation of country's socialization networking whereas the corporate cultures is the foundation framework of capitalistic goals and objectives through making a uniform corporate work culture among different employees for exploiting as well as accepting the already existent regulations and policies (Acs, Szerb & Lloyd, 2017).

    Distinguish cultural distance and difference based on stock market reaction to IGV stock price

    In order to bring association with the capital market linkage with the organizational cultural distance, it is imperative to know the metrics for the measurement and reflection of the bias differences. Mainly, the primary metric is the religious beliefs prevailed it he country which has direct link with behavioral approach ability of individuals (Tuleja, 2014). Secondly, Hofstede cultural dimensions must be considered such as power distance, masculinity, uncertain avoidance and individualism (Boshyk, 2016). These gives the stock market analysis that sharing a common religion have positive results whereas cultural distance has negative impact and has effects on stock prices in the market in relation to both the companies after the partnership.

    4. Critically discuss the possible effects of exchange rate movements on the deal

    Hedging Effect- It is the transfer of restricting the probability of losses with respect to market positioning in which the market participant has been included (Hamilton & Webster, 2015). With context of this partnership, it helped the companies to take strategic decisions for welfare of themselves in profound manner.

    Transaction Exposure- It is defined as the risk that companies faced due to the international trade faces because of the exchange rates of currency (Barak, 2016). Here, both the companies were at equal exposure of financial obligations towards such fluctuating rate of exchange.

    Interpretation: This graph clearly demonstrates about China's decade performance in Balance of payments which has been progressing in steady mode. In between 2010-2014, there were investments abroad affecting the movement of capital in flexible approach. Additionally, with RMB, there are channels which made the flow of private capital out of China smoothly.

    Translation Exposure- This is defined as that company's risk in which assets, liabilities, equities that will affect the alternations on the rate of exchange (Bird & Mendenhall, 2016). Henceforth, both the companies denominates a portion of their liabilities/assets in terms of foreign currency.

    Economic Exposure- This is popularly called as operating exposure, and is considered as that effect that has been occurred due to unexpected rate of currency in the company's cash flows (Merry, Davis & Kingsbury,2015). Here, both companies joined hands with the same purpose.

    5. Identify specific aspects or challenges of doing business internationally

    There are many challenging aspects that I have encountered while studying the implications of doing business globally and internationally.

    Various cultures in doing business internationally

    With globalization, digitalization and liberalization with cross functional strategic partnerships for betterment of businesses led an atmosphere of different people working under one roof. In broader aspects, culture is refereed as the group of traditions, beliefs, practises on the basis of ethnicity, religion, race and other such factors that supplementary add to the workplace diversity and work-styles (Falkner,2017). This can be combated by having a transparent interactive channel to generate awareness about the significance of one's individuality and its contribution to the workspace (Kolk, 2016). In totality, it assists in acceleration of economic progression by bringing innovative and regional ethical geographical attributes.

    Collaboration effort through partner analysis

    This analysis is important because a validation with reliability factor is significant in doing bushiness between more than one partner. It leads to community partnership, which is reflecting on the arrangement of such associations to achieve the targeted goals and objectives (Levie & et.al., 2014). Nevertheless, such partner analysis is an ongoing procedure to recognise and identify the participant's abilities while conducting such coalition work (Piekkari, Welch & Welch, 2014). Therefore, this is like a mutual agreement between two parties to share profits, knowledge, human resources, technologies and other connected components while engaging in a partnership to uplift the entire framework effectively.

    Analyzing financial data about corporate business

    This is the most critical step to understand by assessing the economic characteristics, financial statements, scorecards, shareholders' equity, current status of company's financial position in the market, liabilities if any and whatsoever (Picciotto & Mayne, 2016). Corporate world is based on losses and gains and thereby, the complete information must be understandable to each party before getting into coalition to enhance the operational efficiencies.

    CONCLUSION

    It has been summarized that business is going internationally and globally with advent of LPG policy and rise of digitalization. To sum up, it can be concluded that Cifa and Zoomlion took the best strategic decision for the joint venture successfully and expanded their brand on global levels successfully. Furthermore, this laid emphasis on the various possible effects of various exchange change rate movements. Additionally, it also demonstrated the differences between the national and corporate cultures for effective working practices at both the above mentioned companies. To sum up, it has become evident that globalization accelerated the growth rate with the improvements in the generation of revenues and sales volume.

    REFERENCES

    • Acs, Z. J., Szerb, L., & Lloyd, A. (2017). The global entrepreneurship and development index. In Global Entrepreneurship and Development Index 2017 (pp. 29-53). Springer, Cham.
    • Barak, M. E. M. (2016). Managing diversity: Toward a globally inclusive workplace. Sage Publications.
    • Bellandi, M., & Di Tommaso, M. R. (2005). The case of specialized towns in Guangdong, China. European Planning Studies. 13(5). 707-729.
    • Bird, A., & Mendenhall, M. E. (2016). From cross-cultural management to global leadership: Evolution and adaptation. Journal of World Business. 51(1). 115-126.
    • Boshyk, Y. (Ed.). (2016). Business-driven action learning: Global best practices. Springer.

    APPENDIXES

    Appendix A - PESTLE Analysis of China

    Political

    • Communist outlook
    • The political interventions is high in both formal and informal rules
    • Multi part collaboration with the most effective power lies in only one political party

    Economic

    • Increased interest rates as government is asking to put more restrictions and give fewer loans for commercial purposes
    • Inflation rate is higher with high property prices
    • More export businesses due to expansion plans
    • Simple China's tax law and FDI procedures makes it ideal for investment

    Socio-cultural

    • 90% literacy rate
    • Population growth with policy of one child led to changes in the cultural and traditional beliefs and values
    • Digitalization brought revolutionized progression in each household
    • Collectivistic cultural dimensional value

    Technological

    • Technology is becoming cheaper
    • Strong interconnected system of telephone system (Ciarico, Conati Barbaro & Lemorini, 2008)
    • World's second largest roadways

    Legal

    • Legal system is based on Socialism
    • The Oldest traditions in the world
    • Mixture of socialist law, traditional approaches of Chinese and Germanic civil law style (Brown, 2006)

    Environmental

    • The Largest populace country of the world that sis putting pressure on nature
    • Excess exploitation of resources through mega projects and developmental works (Geckeler, 2006)
    • Destruction of natural ecosystems with loss of biodiversity
    • Types of pollution, especially air pollution

    Appendix B - PESTLE Analysis of Italy

    Political

    • Well developed historical background in wealth and political terms
    • Current political system is stagnant
    • People involvement has become minimal but again coming into the picture through building trust

    Economic

    • Stable economy
    • World's best industrialised economy by IMF in 2008
    • High GDP leading to good economy per capita (Gan & et.al., 2008)

    Socio-cultural

    • Tourism is the most attractive and valued asset
    • 9th in immigration
    • Known for exportation of accessories and clothing especially Milan

    Technological

    • Has the highest expectancies in healthcare sector
    • Hub of discoveries and research and development
    • Art and culture through digitalization has helped in gaining momentum

    Legal

    • Court of Appellate has imperative role
    • Litigants can be presented by Barrister when civil matters are concerned (Li, Mao & Qi, 2009)
    • Tribunal works under three classification of civil, criminal and labour

    Environmental

    • 84th rank in ecology
    • It is the 6th producer of solar energy production in the world (Gan & et.al., 2008)
    • Deforestation with weak land policies and affecting erosion in few areas
    • Has an extensive industrial emissions for carbon dioxide

    Appendix C - Porter's 5 forces analysis of heavy machine industry of Italy

    Bargaining Power of Suppliers

    • They have little control as input prices are low
    • The global development gap closes up significantly
    • These receive swapping out of profits by being dispensable and can lead to significant changes

    Bargaining Power of customers

    • Here, buyers can chose push down prices, not buy products only (Sölvell, Ketels & Lindqvist, 2008)
    • The buying power is relatively large
    • Alternatives are provided to particular location

    Threat of New Entrants

    • There are ways to build novel ideas to attract potential clients
    • It has been evident that new entries are always the threats as customers get options (Santos Manzano,2005)
    • Here involvement of social media is vital

    Threat of Substitute Products

    • This depends on the saturation of marketplaces
    • includes about indirect choices that market has to offer while being in competition for overall sustenance

    Competitive Rivalry within industry

    • It demonstrates the concept between retailing and branding
    • There is space for innovation but with a fear of race till bottom (Sultan, 2007)

    Appendix D - Porter's 5 forces analysis of heavy machine industry of China

    Appendix E - Hofstede Cultural analysis of Italy

    Power Distance

    • Focus on the extent where less powerful members of organisations and institutions accepted unequal power distribution with expectancy
    • Score indicates that Italy preferred decentralised power with decision making and tries to balance with equality
    • Southern Italy shows high PDI as compare to Northern Italy

    Individualism

    • It is dimensional degree of society's interdependence among countrymen
    • Italy has individualistic culture with 76 score as these people have their personal vies to attain self contentment (Taras, Steel & Kirkman, 2012)
    • Northern Italy has more “me” centred approachability with cold treatment, compared to Southern Italy.

    Masculinity

    • Here, high score means masculinity that indicate by success, competition and achievement.
    • Low score means femininity in which inclination towards caring nature to enhance quality of life
    • 70 score tells that Italy is masculine society with success orientation and thus children from young age has been taught that competitors are good for self growth to make a strong career

    Uncertainty Avoidance

    • Situation that occurs due to unknown extension in culture, beliefs and led to anxiety and ambiguity
    • Italy scored 75 that demonstrating the population is uncomfortable with this ambiguity; formal relationships is significant for employing civil code (Hofstede, 2011)
    • High uncertainty avoidance results in detailed planning process

    Long term Orientation

    • This defines as maintenance of past while dealing with current challenges to sustain for the future
    • Italy's score is 61 which means that their culture is based on practicality and logical reasoning

    Indulgence

    • Focus on that dimension in which people are controlled by impulses and desires
    • Score of 30, indicating that Italian culture is restrictive with a tendency of cynicism and pessimism (Arslan,2009)

    Appendix F - Hofstede Cultural analysis of China

    Power Distance

    • This term concentrate on the accepted unequal power distribution with expectancy from powerful members of organisations and institutions (Hofstede, 2011)
    • Score of 80 indicates that China promote subordinate-superior relationship which showed centralised power with decision making and implement inequalities in society (Mucelli, 2018)

    Individualism

    • This has a dimensional degree of society's interdependence among countrymen
    • China with 20 score indicate collectivist culture and promote group interests for overall development (Yang, 2016)
    • Here, employees' commitment is low

    Masculinity

    • Here, high score means masculinity that indicate by success, competition and achievement.
    • Low score means femininity in which inclination towards caring nature to enhance quality of life (Yoon, 2009)
    • 66 score tells that China is a masculine society with success orientation and thus services are provided at night time too (Arslan, 2009)
    • They do not give importance to recreational activities (Spigarelli, Alon, & Mucelli, 2015)

    Uncertainty Avoidance

    • The situation that occurs due to unknown extension in culture, beliefs and led to anxiety and ambiguity
    • China's score is 30 demonstrate the relative prevalence of truth in social circles, however, there is bound on following rules (Taras, Steel & Kirkman, 2012)
    • Their population is comfortable in ambiguity with respect to language, its meanings, script etc.
    • Low uncertainty avoidance results in flexible adherence to laws to mould themselves as per situation (Shinnar,Giacomin & Janssen, 2012)

    Long term Orientation

    • This defines as maintenance of past while dealing with current challenges to sustain for the future
    • Italy's score is 61 which means that their culture is based on practicality and logical reasoning (Li, Li& Zhao, 2009)

    Indulgence

    • Focus on that dimension in which people are controlled by impulses and desires
    • Score of 30, indicating that Italian culture is restrictive with a tendency of cynicism and pessimism (Tung & Verbeke, 2010)

    Appendix G - Comparison of Values between Zoomlion and CIFA

    CHINA

    • Inbound investors because of cross border transactions where the emergence of foreign companies (Stahl & Tung, 2015)
    • They provided advanced technologies

    ITALY

    • The absence of mega markets led to lower investments by Italian investors because of under performing environment (Berardo & Deardorff, 2012)
    • Here, due to European debt crisis, the overall performance by the market was low in the aspect of the value of the deals (Katan, 2014)

    Appendix H - Trompenaar's 4 diversity cultures framework

    CHINA

    • Clearly evident that they are Hierarchical based
    • Focus on Formal style (Keyton, 2011)
    • Includes family for power orientations
    • The guided missile is the key term

    ITALY

    • Egalitarian approachability
    • Incubator
    • Role oriented performer
    • Personalised style with formal setup
    • Project oriented for personal satisfaction (Fäh, 2016)

    Sl No.

    Factors in each model

    Components

    Description

    1

    Employees' relationship

    • Family
    • Eiffel Tower
    • Guided Missile
    • Incubator
    • Organic relationship for bonding
    • Specificity
    • Cybernetic System
    • Spontaneity for diffusion

    2

    Authoritative Attitude

    • Family
    • Eiffel Tower
    • Guided Missile
    • Incubator
    • Power to parents
    • Superior roles
    • Group contribution to achieving goals
    • Creativity and growth orientation (Innocenti, 2016)

    3

    Ways of thinking and learning

    • Family
    • Eiffel Tower
    • Guided Missile
    • Incubator
    • Holistic and lateral approachability Analytics with rationality
    • Professional problem centric
    • Ad-hoc process-oriented

    4

    People attitude

    • Family
    • Eiffel Tower
    • Guided Missile
    • Incubator
    • As members of the family
    • Human Resources
    • Experts
    • Co-creators

    5

    Change management

    • Family
    • Eiffel Tower
    • Guided Missile
    • Incubator
    • Father changes coursework
    • Rules and procedures changed
    • Shift aim to move targets
    • Improvisations

    Get similar Assignment Help for your assignment

    Have a question or Need assistance
    Call us at +61 481612344

    Appendix I - Hofstede Multifocus organizational framework

    DIMENSIONS/VARIABLES

    ITALY

    CHINA

    Means oriented vs Goal oriented

    • Goal oriented
    • People focus on attaining specific goals
    • Means oriented
    • Here, people perceive to avoid risks and put efforts as per day

    Internally driven vs Externally driven

    • Both internally and externally driven
    • Emphasis on meeting customers' needs and requirements through ethical and logical assessment
    • Externally driven
    • They are capitalistic and need a generation of profits through ethical means or not (Vigolo & et.al. 2016)

    Easy going work discipline vs strict work discipline

    • Easy going
    • Fluid internal structure with improvisation implementation in a disciplined manner
    • Strict work
    • The unsteady and serious atmosphere with lack of cooperation and high stress

    Local vs Professional

    • Locally based with short term directed with a strong social control
    • Professional outlook with devoid of cultures

    Open system vs Closed system

    • Open system
    • Newcomers are welcome to fit in any company
    • Closed system
    • Outsiders struggle to fit in

    Employee oriented vs work oriented

    • Focus on both types of orientation to fetch optimum profits
    • Focus on Work orientation methodology

    You may also like to read:

    Ambidextirity of Matchbox Architect

    Internal And External Analysis Of Marks And Spencer

    Amazing Discount

    UPTO50% OFF

    Subscribe now for More Exciting Offers + Freebies

    Download Full Sample

    Cite This Work

    To export references to this Sample, select the desired referencing style below:

    Students sometimes cannot express their inability to work on assignments and wonder, "Who will do my assignment?" To help them understand the complexities of writing, we are providing "samples" on various subjects. Also, we have experienced assignment writers who can provide the best and affordable assignment writing services, essay writing services, dissertation writing services, and so on. Thus, don't wait any longer! Place your order now to take advantage of discounted deals and offers.

    Limited Time Offer

    Exclusive Library Membership + FREE Wallet Balance

    Number successfylly updated