Working for a Company Like Semco Yes, I’d like to work for a company like Semco. This firm is democratic, and modern. I’ve never heard about such a company which exists in Poland or generally East – Europe. The biggest advantage of Semco is the way in which all workers as well as managers are treated. For example: no separate offices of managers or parking – spaces. I believe that very comfortable is that all people who work for Semco company are allowed to choose what time they begin and finish their jobs. I like it that workers of Semco make deceission their bosses used to make. They decide their own production targets. I like also that each employee gets a share of the profits. More over they take part in a special courses when they are taught how to understand their company financial. This kind of running business in encourage to work. It causes that the people like their job. They don’t cheat their bosses and they work effeciently. ADVANTAGES AND DISADVANTAGES OF LIVING AND WORKING IN A BIG CITY The charms of live in small or large locality can be different. In my opinion it depends on way of approach to life. In young age life in larger city lets more possibilities of development for example we can choose better high school or else as well as we have wider choice of major of studies. In larger city we have to deal with quicker technical development. There exist larger possibility of finding work (more institution of employment, schools, offices and so on). Culture and sport is more developed in big city (cinema, theatres, operas, exibitions, sport clubs, more sport facilities and so on), and also larger possib... ... middle of paper ... ...tges of it is greater possibility of development and promotion. There are a lot of positions where we can be promoted. We aslo can meet new people from the whole world. In the international company is also greater possibility of going to business trips. I think that the international company is stable and it is small possibility of bankrupt. In big international companies are also more company perks, for example: company car, private health insurance, vouchers for lunch, holidays and so on. In my opionion workinf for a big international companies has also disadvatages. Workers have more work to do and they larger competition because a lot of people would like to get their position. So employeers must work better and more effeciently. In my opinion working for a big international companies is more stressful.
According to Carl N. Siemon, “providing customers the highest level of quality, service, innovation, and value is the highest priority at the Siemon Company” (Siemon, 2015). Siemon achieve this through teamwork, creativity, resourcefulness, and integrity which have been the core values that the Siemon Company has lived by since 1903. “Values are the underlying principles or standards that guide all human actions – personal and organizational” (Nolan, Goodstein, & Goodstein, 2008, p 43). Based on these values, "Siemon has cultivated a culture of continuous improvement and leadership" (Siemon, 2015). After 112 years, Siemon 's unique family culture is stronger than ever. The Siemon brothers surround themselves with talented
I plan on getting into the Human Resource Management field. My field could be largely impacted by companies going more global. I am very interested in working with a company where I not only handle hiring procedures and benefits but also safety procedures. If the company I work for is in the global market I would have to know different safety procedures for domestic and international procedures. The procedures could very greatly because of different international laws. Also, depending on my responsibilities I could be responsible for hiring in these foreign markets. I would have a possible language barrier to deal with as well as matching the best candidate for the job. I would be very excited if I had to undertake all these aspects of a foreign market in my job.
S-Corporations An S-Corporation or S Corp is formed by an IRS tax election. IRS Code sections 1361 through 1379. When a S Corp is formed, it must first have a charter in the state where the headquarters of the S Corp is located. The approach that an S Corp is taxed is different from other business organizations that have been examined previously, because profits and losses can carry over to your personal tax return. This happens because the S Corp itself is not taxed, however the investors are taxed.
With the proliferation of the internet international Business transactions are more common today than ever. Globalization is now a key factor when creating a business strategy for most companies whether they are small family own businesses or huge corporations. Globalization however does not just involve selling a product in other countries. There are legal and cultural concerns that must be addressed. The legal aspects are fairly simple because in most places the laws are spelled out. It's the local customs, and regional way of doing things that can be tricky. Research on globalization has shown that it is not an omnipotent, unidirectional force leveling everything in its path. Because a global culture does not exist, any search for it would be futile. It is more fruitful to instead focus on particular aspects of life that are indeed affected by the globalizing process. (1). In this new economy, as it has been in the past, it will be the people not the machines who will determine a company's success. Having an effective Human Resource Management team that effectively analyze your company's current and future personnel needs is key in any business organization.
When it comes to doing business internationally the decision making is more complex. There are many interactions between each country that need to be addressed. In order for a business to be successful in the international market they need to examine and analyze all the facets of their company. They need
If the organization has to establish itself globally then it totally depends on its organization culture and structure (Kogut.et.al.,1993). Organizational structure defines the smoothness of the flow of idea among themsleves and will generate multinationality among the organization which will help them to work as network of plants worldwide (Kogut.et.al.,1993). There matrix organizational structure which consist of brand teams, managers, chief regional officers and other plays an important role in helping them to stand gloabally (Jones.et.al., 2005). Another limitation, our team could think was certain luxuries product which L
International businesses are also finding new ways of increasing diversity abroad. Instead of using expatriate employees as management, they are starting to hire locals. Companies that operate abroad are realizing that using expatriate employees is not a permanent solution. They are often expensive, and are not capable of translating their skills into the new environment. In a company that operates globally, it is important that the company knows how to relate to the local markets, and a great way to do this is by hiring local talent. Hiring locally is cheaper, there is not a language barrier, and they are accustomed to the business environment in the area(5). They can also help the business by providing a new perspective into international markets, and offer ways that the company can improve their diversity abroa...
Globalization and technology advancement bring the world closer and closer. People no longer live in isolated environment. They interact and exchange value, knowledge, background, culture and way of thinking. Looking at business perspective, competition become more dynamic than ever before. They need to have creative ideas in order to satisfy the high demand of customers. Diversity in organization is a key to solve this common issue. This is why most multinational corporation is more successful in term of doing business than local ones. Research proves that having a variety of background of employees is a key to sustainable competitive advantage.
Why would a company go international? There are many reasons why companies would go international, but generally a company goes international so they can seek opportunities in domestic markets, or they seek solutions to problems that cannot be solved through domestic operations. There are many profitable possibilities by going internationally and these include greater profit potential, offers new locations to sell products, it may provide better access to needed raw materials, it may access to financial resources from many nations, and lastly it may allow labour-intensive activities to locate in countries with lower labour costs. For a small business to become an international business they must use five guidelines the first is global sourcing, exporting and importing, licensing and franchising, joint ventures, and wholly owned subsidiaries. The first two are market entry strategies and the remaining are direct investment strategies.
...e located and the human resource management to effectively manage the global workforce diversity. Furthermore, management practices across nations should be more focused in terms of enhancing expatriates’ experience with cross-cultural training. It is also highlighted that executives of international firms must efficiently devise the best strategies and plans to increase the business positive performance and for controlling resources of their foreign subsidiaries. As a consequence, global managers play a very important role in the development and success of multinational corporations in the current competitive international market since there are numerous issues that they have to deal with in the operating process. If the enterprises could overcome the management challenges, they would gain great opportunities in the global economy and achieve favorable outcomes.
Globalisation can have both positive and negative effects on the internal environment of business. External changes can include increased sales, productivity, market share and profit, but internal changes can have a much greater effect on the day-to-day running of the business and an unprepared manager is vulnerable to the negative effects of globalisation. A frequent area of change in the internal environment is the management (corporate) structure. A company expanding overseas requires more staff, and as such, more managers. It is a common occurrence for organizations to adopt a functional or divisional model with a very large horizontal structure. Divisions may be divided geographically, as departments in each country or continent.
One major issue affecting many people trying to make the decision on where to live is their quality of life in either extreme. Health, education, transportation are three major concerns that many consider. In a city, pollution surrounds you wherever you step whether on the streets of a busy financial district or on the lawn of a large park. Pollution could possibly cause health problems later in life. In the country, pollution is scarce. Fresh air, rolling green hills, a few pieces of litter here and there but pretty much everything is clean, and wow! No smog, you can see the stars! In the country, childhood education, kindergarten through twelfth grade, is significantly better than in a large city; smaller class sizes and larger budgets create excellent learning environments. In cities, public schools are often plagued with very large classes packed into small spaces. Teachers with low pay, and little or no dedication are thrown into classrooms to teach, resulting in poor education. Transportation is very accessible in city environments. Public transportation, by way of subways, busses and ferries, are cheap and easy ways of getting around a metropolis, whether going out to work, school, or for a night on the town. In the country, everyone needs to have access to his or her own vehicle. A commute to work or school is about an average of forty-five minutes!
Businesses that produce jobs and capital are usually located in in urban areas. Tourism and trade in cities are the main source of foreign money in a country. The city life is ideal for people who want to m...
There are many factors that can affect the management in globalization of business, which are the multinational corporations, the difference in cultures, ethical issue, fair trade and the managerial styles.
Nowadays, business is set in a global environment. Companies not only regard their locations or primary market bases, but also consider the rest of the world. In this context, more and more companies start to run multinational business in various parts of the world. In this essay, companies which run multinational business are to be characterized as multinational companies'. By following the globalization campaign, multinational companies' supply chains can be enriched, high costs work force can be transformed and potential markets can be expanded. Consequentially, competitive advantages of companies can be strengthened in a global market. Otherwise, some problems are met in the changed environments in foreign countries at the same time. The changed environments can be divided into four main aspects, namely, cultural environment, legal environment, economic environment and political system problems. All the changed environments make problems to multinational companies. In particular, problems which are caused by changed culture environment are the most serious aspect of running a multinational business. This essay will discuss these problems and give some suggestions to solve them.