Free Essays on Chinese Car Market

Introduction The aim of this report is to evaluate the suitability of China as a new foreign market for BMW and it ¡Ã‚ ¦s product cars. The suitability of China as a new market for BMW will be assessed in the PESTEL analysis. The degree of competition that already exists in China for cars will be evaluated in the Porter ¡Ã‚ ¦s Five Forces Analysis. In the report the extent of FDI present in China and the suppliers of the FDI will also be assessed in order to properly evaluate the suitability of China as an opportunity for BMW as a new market for cars. In addition a SWOT analysis will also be provided. On the basis of these findings the methods of market entry will then be analysed in order to be able to recommend BMW a method of market entry for access to the Chinese car market. PESTEL Political China is a communist state that however lately has become more influenced by the capitalistic style of the west. Regarding the Chinese car market it has undergone major reorganisation at the central government level resulting in that the State Economy and Trade Commission have become responsible for the car industry ¡Ã‚ ¦s macro planning. This is believed to result in decentralisation of power to provincial governments and automotive industry departments. (www.austrade.gov.au) Since China joined the WTO in December 2001, the Chinese government has made several changes that have an effect on the Chinese car market. In order to obtain know-how and technology the government is making efforts to attract FDI and international trade. Due to WTO agreements China has agreed to remove local content requirements. In addition other requirements from the WTO to open up the market such as reducing tariffs, removing quotas and allowing foreign companies to distribute their products in China, is making the Chinese market a much more easily accessed market to foreign companies who wish to enter the Chinese market. According to apecsec.org the government... Free Essays on Chinese Car Market Free Essays on Chinese Car Market Introduction The aim of this report is to evaluate the suitability of China as a new foreign market for BMW and it ¡Ã‚ ¦s product cars. The suitability of China as a new market for BMW will be assessed in the PESTEL analysis. The degree of competition that already exists in China for cars will be evaluated in the Porter ¡Ã‚ ¦s Five Forces Analysis. In the report the extent of FDI present in China and the suppliers of the FDI will also be assessed in order to properly evaluate the suitability of China as an opportunity for BMW as a new market for cars. In addition a SWOT analysis will also be provided. On the basis of these findings the methods of market entry will then be analysed in order to be able to recommend BMW a method of market entry for access to the Chinese car market. PESTEL Political China is a communist state that however lately has become more influenced by the capitalistic style of the west. Regarding the Chinese car market it has undergone major reorganisation at the central government level resulting in that the State Economy and Trade Commission have become responsible for the car industry ¡Ã‚ ¦s macro planning. This is believed to result in decentralisation of power to provincial governments and automotive industry departments. (www.austrade.gov.au) Since China joined the WTO in December 2001, the Chinese government has made several changes that have an effect on the Chinese car market. In order to obtain know-how and technology the government is making efforts to attract FDI and international trade. Due to WTO agreements China has agreed to remove local content requirements. In addition other requirements from the WTO to open up the market such as reducing tariffs, removing quotas and allowing foreign companies to distribute their products in China, is making the Chinese market a much more easily accessed market to foreign companies who wish to enter the Chinese market. According to apecsec.org the government...

Max Weber and Bureaucracy Essay Example

Max Weber and Bureaucracy Essay Example Max Weber and Bureaucracy Essay Max Weber and Bureaucracy Essay Max Weber is one of the foremost social historians and political economists of the 20th century and is considered to be one of the main architects of modern social science. [Stanford,2012] He was born in Refuter ,Prussia (now Germany) and lived from 1864 to In late sass companies and organizations were getting larger and more complex everyday and they were devising large specialized units within them thus managing these organizations was hard. Weber suggested that they would need to adopt a new way of administration and also a more efficient ay of hiring people in order to allocate them to specific roles according to their expertise and knowledge. Thus he devised a new theory based on bureaucracy. Bureaucracy simply states that people should be expected to follow certain rules and procedures rather than their personal preferences in order to bring order to managerial systems and to simplify the task of managing large corporations. It also explains that the best way to choose people for certain roles is based on their knowledge, as mentioned by Weber in his book Economy and Society : bureaucratic administration means fundamentally domination through knowledge. [Seedbeds, 2005] Weepers theory of bureaucracy is one of the most famous parts of his ideology. He believed that bureaucracy is the most efficient way of organizing human activity and is essential to the modern world : Experience tends to show that the purely bureaucratic type of administration is, from a purely technical point of view, capable of attaining the highest degree of efficiency and is the most rational known means of carrying out imperative control over human beings. [Denary,2010] A bureaucratic yester has some defined features: 1- Certain Rules: It has certain rules and regulations and people in the system are expected to follow in order to have stability. Hierarchical Structure: It is organized as a hierarchy with people having different levels of authority. 3- Documentation: Undertaking actions should be based on written documents and all the documents should be kept for further use or reference. 4- Rationality: Officials and managers within the system should devote their logic and scientific knowledge to the decisions they make so that all the objectives can b e achieved at the end. Defined Roles: There are specialized and defined roles in the system so that division of labor is in place. Specialization: Special training is required for individuals in order to allocate them to appropriate roles which suit their abilities and expertise. This theory is essentially based on ratification of tasks and a hierarchy that will consequently result in more stability and control as people within a bureaucratic system will become committed to the system. The reason behind it is that they can see a predictable way to higher levels of the hierarchy over time. It also requires rigorous documentation. Therefore, we can conclude it is an internal process model in the Quinn Competing Values framework which sets consolidation and continuity as final targets for the managerial system which adopts it. Although Weber suggested the theory of bureaucracy as the most efficient way of organizing people for achieving set goals, but he also warned that bureaucracy can impose a threat to practitioners and politicians. There has since been a long discussion regarding the efficiency and downsides of bureaucracy theory. Some people argue that reassurance comes in the way of creativity, hinders motivation and results in people being dissatisfied with their roles. Others, on the other hand, say that it brings fairness and certainty to the workplace, makes work more effective and gives people motivation to work harder. Adler and Boors (1996) studied workflow formalization of bureaucracy in companies such as Ford, Toyota and Xerox in order to find a fair answer to the effectiveness of bureaucracy theory. They concluded that there can be 2 types of bureaucracy depending on how it is maintained: 1- Enabling: it is signed by the help of employees and is set to enable employees to master their tasks thus it can be positive and motivating for people 2- Coercive: it is forced onto employees by their managers in order to make them work harder and more efficiently but it results in people being unhappy with what they do and has negative effects [Body,2012] Nowadays many businesses (such as retail banks, airlines, etc. , government departments and healthcare organizations are structured on the basis of bureaucracy to some extent, although there are differences between what we see in reactive today and what Weber had in mind. It is interesting to see how Weber addressed a usual office as we are familiar with today: The combination of written documents and a continuous operation by officials constitutes the office (Bureau) which is the central focus of all the types of modern organized action. [Seedbeds, 2005] Overall bureaucracy has both advantages and disadvantages and is not a perfect model for managing people but if it is used in an appropriate way it can be of great help to bring order and consolidation to the managerial system.

A strategic pretext for Knowledge- Michael Zack Essay

A strategic pretext for Knowledge- Michael Zack - Essay Example Zack firmly holds his stance when he says that proper & timely ‘knowledge management’ is essential for the successful implementation of a strategy, & henceforth essential for the growth & survival of any organization. He demarcates instances when organizations have accepted & attempted to use the notion of ‘knowledge management’, but failed due to the mismanagement in the ‘procedure of usage’. In this discourse, he dives in to explain the procedures of a successful usage of this unique strategical technique. The writer gives a set of guidelines, norms, decorums & procedure, through which this notion can be materialized from theory to practicality (Zack, n.d., pp.1-2). The author begins with a concise appraisal of traditional strategy & how these concepts can be extended to knowledge as a strategic foundation. The writer denotes that his primary objective is to provide a framework for initiating & facilitating dialogue among strategic managers & KM practitioners concerning the exact strategic function of knowledge. Zack creatively divides the notion of strategy in to four parts: strengths, weaknesses, opportunities, & threats (Zack, n.d, pp.1-2). He calls the quartet by name of SWOT by adding up the abbreviations of all the words. This uniqueness of the Zack’s evaluation makes the notion of KM even more interesting a topic to delve in. Zack emphasizes by saying that a SWOT analysis discovers a firm’s strengths & weaknesses in relation to the opportunities & threats of its existing environment. The discourse advices firms to take strategic actions to restore strengths, counterbalance weaknesses, avert threats & capitalize on opportuni ties. For Zack, proper strategical notions are the perfect balancing acts which could rescue a company from the jaws of annihilation (Zack, n.d, pp.1-2). Zack suggests division of the SWOT framework in to two