Going Global-Issues in International Business Case Study

Going Global-Issues in International Business - Case Study Example Stropki as the president, chairman and CEO who was the seventh chairman of the organization. The operating income and net income of the organization increased significantly in the year 2005. The CEO introduced several strategies to expand their businesses in global market place. The study will discuss about the issues associated with business expansion strategies in global market place. Global Welding industry Welding is the most supporting activity in several industrial activities. Any two metals can be effectively or strongly joined through welding process. Arc welding is considered as the predominant method of welding. However, as of 2005, the welding industry became a 13 billion US dollar industry. Welding products play a key part in development of several important and strong structures around the globe. Welding products are highly required in civil and mechanical field. Day-by-day, the production and sales of welding products are increasing due to intense market demand around t he globe. North America, Europe and Asia Pacific are the major regions of welding industry. Global Strategies and Issues The first major global expansion of Lincoln Electric Company occurred between 1986 and 1992. The organization established 22 different manufacturing plants in 15 emerging countries around the globe during this period. The organization purchased the assets from an Australian organization named Air Liquide in the year 1987. The organization followed aggressive business expansion process based on their enormous success in US market. The organization followed aggressive acquisition process in Brazil, Norway, Scotland and Mexico. However, these acquisitions have resulted huge operating losses. In spite of profitable business operation in US market, losses in international market place forced the organization to borrow money from different entities to distribute rewards and bonus for the US employees. In terms of acquisition process, the organization undertook several i n adequate decisions. It is true that economic condition, access to market and resources cannot be similar in each and every country. Wrong market information and lack of in-depth primary research in international markets forced them to redefine their strategies after a certain period of time. The organization developed a series of determined financial goals, but the organization still depended upon its market growth rate in US to meet these organizational goals. Issues in Japanese, South Korean and Chinese Market The company faced several problems in selling the products in several emerging Asia Pacific countries, such as Japan, China and South Korea. The distribution of the organization in Japan was very limited. Lincoln Electric Company did not have any kind of access at the commodity end of the Japanese market. In addition to this, the organization had limited after sales support capability and limited in-country demonstration service facility in Japan. Therefore, it was difficu lt for the organization to achieve high-tech sales growth. The products of the organization sold in Japanese market as niche products for small groups of customers. The organization suffered from huge operating losses due to this factor. Lack of manufacturing plants, limited access to the market, improper decision, making strategy affected the business performance of the organization in Japan. In addition to this, the products were not optimized for effective and required application in Japan. Actually, the

The 7-Lesson Schoolteacher Assignment Example | Topics and Well Written Essays - 500 words

The 7-Lesson Schoolteacher - Assignment Example Parents know and understand their children, and are influential in their lives, even as they enter the teen years. The family is the main engine of education. â€Å"A family trained to snitch on each other is likely to be able to conceal any dangerous secrets. I assign a type of extended schooling called "homework", too, so that the surveillance travels into private households, where students might otherwise use free time to learn something unauthorized from a father or mother, or by apprenticing to some wise person in the neighborhood.† (Gatto, 1992) Schooling permits premature parent-child separation, and it does not avoid inappropriate pressure on children. Rose articulated â€Å"School can be a tremendously disori ­enting place. No matter how bad the school, you're going to encounter notions that don't fit with the assumptions and beliefs that you grew up with - maybe you'll hear these dissonant notions from teachers, maybe from the other students, and maybe you'll read them.† (Rose) It is because children spend most of their time at school; therefore, schooling does not create and maintain positive family relationships. Schooling is not good for children because the structure of school assumes that children are not natural learners, but must be forced to learn through the efforts of others. Natural learners do not need such a structure. Schooling is one of the attempts that does not follow the principle of natural learning and does not help children retain the curiosity, interest, and love of learning that every child has at birth.