Ted Dorman International Joint Venture

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As the globalization of world markets continues unabated, American businesses seek to explore and develop capabilities to internationally source or distribute goods, services or intellectual property. The recent economic downturn has only made taking advantage of strategic opportunities through international alliances more appealing. All but the largest companies lack the infrastructure, resources, experience and management strength to enter international markets de novo. Business alliances of various forms allow companies to access the global marketplace more economically and effectively. Legal and regulatory, cultural, language and currency differences make partnering in the form of an international joint venture (IJV) an attractive option. Ted Dorman's task on taking the assignment of managing a factory to aid in globalizing the business of his company to Mexico turns out to be a lot more work than expected. This analysis strives to explore the ways in which American and Mexican business practices differ and how those business cultures can be integrated to ultimately achieving a profitable, long survived organization. Ted Dorman is viewed as a family man with …show more content…

Confronted with requests to enhance effectiveness at the new plant, Ted steers Manuel to roll out improvements, which incorporate terminating the base percentile of ineffective laborers. (Angrianwan & Rarick, 2011, pg. 6) Operations were foreseen under a dictatorship style managed. Other ideas and opinion were neither inquired on or accepted leading to a downward spiral in the plants business operations. Ted operated off the only teachings and values in which he was most knowledgeable of, the American cultures. You can't expect to have a flourishing globalized franchise if you do no have basic knowledge about the country in which you are undertaking a partnership

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