Consider benchmarking and best practices

Assignment Help Finance Basics

Reference no: EM13771033

Given that you are rolling your services out in a foreign country, there will be a need to learn from other companies that are currently operating overseas. In particular, if a company can learn from others operating in the same region or location where they wish to operate, this can be quite helpful. What others have done to be effective and recognized by others can be viewed by their use of certain business practices. If we look at what others are doing and form a benchmark of key practices and procedures, we can learn from others as to what may work or not work in certain businesses, locations, situations, and services (and production manufacturing). Thus, this leads us to a very important area of research for this week's assignment.

1. Why is it important to consider benchmarking and best practices to determine the most cost effective and efficient means to operate in a country?

2. What if the regional traditional partners are required or encouraged by local governments but do not satisfy your quality standards?

3. Students should use reference material from course readings and outside sources when needed to strengthen your argument.

Reference no: EM13771033

Questions Cloud

Analyzing the common factors of qualifications required : Perform internet research and locate at least three postings for an intelligence analyst. Prepare an essay that discusses your findings, analyzing the common factors of qualifications required by these positions and identifying any shortcomings in..

Company financial report via its web stite : Using the same company you researched earlier ( Bank of America), access the company's financial report via its Web stite.

Political turmoil substantially increased the risk premium : In August 1994, a Mexican peso was worth 30 cents. A year later, it was worth only 16 cents since the political turmoil substantially increased the risk premium on Mexican assets. Using the Mundell-Fleming model,

Valuate user dialog strategies used by menu-driven interface : Evaluate the user dialog strategies used by a menu-driven interface. Determine why menu-driven interfaces continue to be popular in the modern computing age.

Consider benchmarking and best practices : Why is it important to consider benchmarking and best practices to determine the most cost effective and efficient means to operate in a country?

Categories of skeletal diseases : When discussing the disorder make sure to include causes and treatments.

Analyze primary issues with patient confidentiality : From the scenario, analyze the primary problems associated with information management, and analyze the primary issues associated with patient confidentiality. Determine the major ways in which these overlapping responsibilities play a part in enf..

Corporation is considering spending : A corporation is considering spending $3 million for a new stamping press which will save $550,000 per year (repairs, downtime, etc.) over its 7-year life. At the end of seven years, the machine could be sold for $1.8 million. An alternative is to sp..

Write an essay on the gender blue article : Write an essay on The Gender Blue Article.

User Account

All Pages