Tag: MBA Dissertation Topics

MBA Dissertation Topics

Risk Management Strategies MBA Project

Risk Management Strategies

Risk Management Strategies MBA Project. Risk management is the process of identifying and evaluating the possibility of threats that are posed to operations of an organization. Every organization is faced with challenges whose potential could negatively affect the business. In this regard, the mandate of the organization is to ensure that the risks are identified and evaluated comprehensively so that the best measures can be put in place to prevent a possible spread and damage of those risks.

The management of risks in the operations of an organization includes making them a priority and coordinating resources to mitigate them and preventing damages that could come from them (Hopkin et al, 2018). These risks are posed to businesses and organizations from time to time, making it necessary for the respective organizations to come up with risk management strategies. In this report, the technical aspect of risk management in operations of an organization will be discussed in detail.

Identification of Information Assets using Risk Management Strategies

Every organization has information assets that are very important to them. They are tools of data that help the organization to run its activities and programs. Without the help of these information assets, it is not possible for the business to make progress and plans for the future. There are various types of information assets in a business that should be protected from risks. A lot of threats are posed to these information assets and hence the need to manage those risks. These information assets include;

  1. Trade secrets: Every business has unique features and secrets of trade that makes them different from their competitors in business. These trade secrets include designs, formulas, procedures, processes, techniques and methods of production and operations. All these trade secrets are documented and kept secure for the good of the business. To businesses that keep leading in the market place, their greatest competitive advantage is the trade secrets. They are very unique to the operations and undertakings of the business. (Rampini et al, 2019). They are therefore kept safe and secure so that they cannot be assessed by third parties and intruders. In this way, the organization’s leadership puts measures in place to prevent the risk of having these trade secrets leaked. They form part of the most sensitive part of information assets within an organization and they are also not made available to every member of the team. They can only be accessed by the crucial and relevant team to avoid the aforementioned risk.
  2. Strategies: Every organization has a strategy and a plan that outlines the goals and objectives of the company. They are kept as secret to act as pointers of direction towards a projected future. The quality of those strategies and plan determines the highest level of success and influence that a business can ever command in the marketplace. This piece of information asset is therefore very important to an organization. They help them to understand what is expected of them in every step of the way. The risk of having such information leaked would deprive the organization the chance of leading because the strategy could be implemented to the advantage of a competitor.
  3. Support decision: This is one of the most important parts of information of the organization as far as data assets are concerned. It entails the decisions made the leadership of the organization and the decisions they make from time to time. All the styles of leadership and decisions of progress made are documented in this piece of information asset. There is therefore need to keep such information confidential and out of bound by intruders and third parties. It is very risky to have that information hacked because trade secrets and strategies would be accessed as well. The only way to manage such a risk is to improve security of the network systems and keeping the information with the radius on only relevant staff (Dang, et al, 2014).
  4. Marketing media and techniques: To every organization, there is a marketing team that creates awareness of the brand to the market. Each team has its own techniques that keep them relevant in the pursuit of advertisements. In this way, the secrets of marketing have to be kept safe so that they are copied and implemented to favor competitors. The marketing media therefore and all their details are kept very safe and there is need to manage every threat can could be posed to them. Most marketing videos and posters of advertisement do not carry the trademark because they are raw and specific to the awareness they are intended to create (Louche et al, 2017). To prevent a case where they are tampered with or even stolen, managements ensure that they remain a top secret and safely kept within the organization data. This is done to ensure that all possible risks are mitigated and managed effectively.
  5. Trademarks and copyrights: No matter how successful a business or an organization is, they are nothing without trademarks and copyrights. Every competitor is out to make a kill and the malicious ones don’t mind doing it the wrong way. One of the wicked encounters that face businesses and organizations is not securing their brands from trademark and copyright infringements. It is very necessary to ensure that the business and its copyright are secured through legal procedures that are within the jurisdiction of the rule of law. In this way, there will be consequences to everyone who tries to tamper with them. If the legal processes are well followed in this regard, the aforementioned risk is managed and mitigated.

Weighted Factor Analysis

This refers to the techniques used by businesses and organizations to assess and audit competing alternatives against each other before implementation. Every implementation especially regarding management of risk is evaluated comprehensively against other possible choices so as to come up with the most appropriate method. It is very important to ensure that proper auditing of alternatives is done before implementation. In risk management, weighted factor analysis is followed before the final decision is made on which path to go (Al-Zuheri et al, 2019).

In the decision-making process for instance, the management will assemble all the listed ideas concerning the best method to mitigate risks. Decisions are not just made without the process of weighted factor analysis. Members of the group might be required to come up with a strategy that would help the organization overcome various challenges. In this respect, they issue their opinions to the management for assessment. This is where the weighted factor analysis procedure comes in. after the various operational evaluations, the leadership of the business or the taskforce given that mandate can make a final decision and that will be the most appropriate in risk management.

The management of the company does not rely on analysis opinions of the members alone. They also engage the leadership team in the process through focus groups and individual assessments. They are allowed to showcase their beliefs and ideologies concerning matters of risk management and possible threats. This is a very important procedure because it puts the two groups under scrutiny and the idea is to assess the most appropriate idea to follow. They can assess and distinguish between the appropriate of ideas given by members against those given by the management. They also assess the possibility of future outcomes and the ideas that were relevant in successfully fighting former risks in business. After that, they are able to make the right decisions that will help in the mitigation of risks and their management (Cohen et al, 2019).

Risk Probability and Impact

Probability of risk is the likelihood of a threat to the business that carries a series of impacts with it. The probability of risk is always assessed and understood by the organization before it is made a priority. The probable risks fall under the category of operational risks, credit risks, market risks or even liquidity risks. Some of the risk probabilities and their impacts are discussed below.

  1. Loss of suppliers and customers: No matter how influential a business can be, it is not functional without suppliers and customers. These two pillars are the working engine of business because it cannot be operated with suppliers and customers. Worse still, it is not possible to operate with one without the other. Businesses therefore need to need to check on all possibilities of losing these two important pillars of business (Wang et al, 2013). The impact of losing them would capsize the business and leave it on its knees. Businesses are not able to operate and the result could be to shut them down.
  2. Natural disasters: Some occurrences are very unavoidable and human control is almost irrelevant. Floods or fire damages are possible risks that face businesses from time to time. Diseases and sicknesses like the current global pandemic of corona virus have brought economies of most businesses to their knees. Some of the business risks from natural disasters are unprecedented and it is important to mitigate the risks as much as possible. The impact felt from these disasters is that businesses lose control and focus. Customers change priorities as they focus on cushioning themselves against those disasters. Nonetheless, the flow of supply and items is affected to a great extent making it hard for businesses to maintain momentum of operation (Lawler et al, 2019).
  3. Bankruptcy and financial loses: Working capital in most businesses is borrowed from financial institutions. Some businesses thrive on those loans and are able to pay them back. However, there is a risk possibility especially when they are not able to clear those debts. More so, business has very many shades and circles that affect its operations and profit making strategy. They are supposed to be managed in the most possible ways and convenient times (Jung et al, 2017). The overall impact of this possible risk is shutting down of businesses, auctioning of property, people losing jobs and filing for bankruptcy.

Acceptance Risk Control

Acceptance risk control is the deliberate approval of strategies put in place to manage risks. There are various processes that the management of an organization uses to implement decisions that pertain to the risks identified and their possible threats. Every taskforce within an organization has the mandate of coming up with the best strategies of risk management and mitigation so as to spearhead approval through acceptance risk control (Rampini et al, 2016).

Risk Management Strategies Dissertation
Risk Management Strategies Dissertation

To accept risk control comes in various shapes and sizes. A good example is avoidance of a certain agenda. If an organization was overspending on budgets, the possible risk is loss of finances whose aftermath would be chaotic to the whole business. There are other negative operational strategies that don’t make economic sense according to the management. The acceptance risk control measure in this case will be to avoid the strategy. Avoidance helps to manage the risk and come up with alternatives methods of operation. This has everything to do with taking action to ensure that all the risks are managed.

Transference and change of tact is part of acceptance risk control. Nothing saves the business from losses and risks better than this tack. Accepting the control measure is simply characterized by action and management-oriented practices. There is transfer of operations within the group and the taskforce is supposed to ensure that the measures put in place can eliminate the probability of extended risks to a great extent. Mitigation techniques are very important at this stage and this call for massive action to curb the threat of various business risks. It is recommended to use the most appropriate methods to ensure that the risks are mitigated through control acceptance (Giannakis et al, 2019).

Microsoft Risk Management Approach

This refers to the technical aspect of risk management strategies and the approach taken by an organization within a network system. There are various security baselines that need to be protected from cyber threats that have been advanced with technological improvements. The possible risk control management approach is to ensure that the best has been done to secure the systems of cyber threats. The approach is to put measures that can possibly deal with cyber crime and that have an aspect of security. These approaches are specific to the intended use as described below.

Putting Up Security Firewalls

 Installation of firewalls on computers is important in securing a network system from threats of attacks. Every business faces the danger of being attacked by cyber criminals through malwares and malicious virus (Aven et al, 2016). These viruses are dangerous and they might hack a lot of details that would otherwise cripple the business.

Educating the Team of Cyber Threats

The management should ensure that all members working in their various teams are enlightened on how to avoid these risks. They are supposed to be taught how to control threats like phishing attacks and avoiding to open strange emails, attachments of following suspicious links to avoid entertaining the possibility of installing viruses on computers without knowing.

Keeping Confidential Information Safe

There are very important pieces of data and information that should be kept safe. These pieces of information include trade secrets, trademarks & copyrights, support decisions, strategies and plans and organizational goals and objectives of the projected future. Legal licenses, list of customers and suppliers and financial database also falls under this category. These forms of information should not be let loose to members they don’t concern. They should be kept confidential to avoid the threat of leakage which could otherwise be used to plot a second stage attack to the organization (Giannakis et al, 2016).

 Factor Analysis of Information Risk

To every organization, the magnitude of risk posed to them can only be controlled is factor analysis of information is put in place. A lot of data within an organization is at risk considering that the cyber criminals know that it is the epitome of the organization. There is therefore need to have the best mechanisms in place so as to assess the risk that comes with information assets. The aforementioned information assets are supposed to be secured and the best way to do that is through factor analysis.

Accurate possibilities of risk management can only be enhanced through factor analysis. It is not possible to have the best proposal of solutions and this can only be achieved if the analysis is done comprehensively. The assessment of these risks follows a certain pattern that is prominent to the organization in question. In most cases, the proximity of a successful endeavor is determined by the factor analysis of information risk (Leisen et al, 2019).

Information assets are the greatest pillars the organization. They hold the company together through documentation of data that is crucial to the organization. To avoid loss of such data, the most appropriate methods should be put in place to ensure that risks are mitigated in the best ways possible. This can only be achieved if the management is willing to implement factor analysis of information risk.

Conclusion

In conclusion, robust risk management strategies are very important in business. Risks are bound to occur in groups, companies and organizations from time to time. They present in various forms and high-level mitigation is required to avoid getting overwhelmed. In the above-mentioned recommendations, risks can be managed and mitigated effectively if followed through. The quality of business standing and its relevance and longevity in the marketplace is determined by how well risks are managed. In fact, the ability to manage risks in business effectively is a competitive advantage.

References

Hopkin, P. (2018). Fundamentals of risk management strategies: understanding, evaluating and implementing effective risk management. Kogan Page Publishers.

Cohen, D., Plonsky, O., & Erev, I. (2019). On the impact of experience on probability weighting in decisions under risk. Decision.

Aven, T. (2016). Risk assessment and risk management strategies: Review of recent advances on their foundation. European Journal of Operational Research, 253(1), 1-13.

Rampini, A. A., Viswanathan, S., & Vuillemey, G. (2019). Risk management in financial institutions. The Journal of Finance.

Giannakis, M., & Papadopoulos, T. (2016). Supply chain sustainability: A risk management approach. International Journal of Production Economics, 171, 455-470.

Lawler, S., & Bright, D. (2019). ‘It’s just business’: Leaders’ strategies for risk management in criminal networks. In Criminal Networks and Law Enforcement (pp. 55-74). Routledge.

Dang, Q. T., Jasovska, P., & Rammal, H. G. (2014). International business-government relations: The risk management strategies of MNEs in emerging economies. Journal of World Business, 55(1), 101042.

Wang, L., & Ahsan, D. (2013). Stakeholders’ perceptions on risk and risk management strategies: the case of Chinese dock-less bike-sharing enterprise. International Journal of Green Economics, 13(2), 146-165.

Louche, C., & Idowu, S. (2017). Innovative CSR: From risk management to value creation. Routledge.

Clarke, J. E., & Liesch, P. W. (2017). Wait-and-see strategy: Risk management strategies in the internationalization process model. Journal of International Business Studies, 48(8), 923-940.

Al-Zuheri, A., Amer, Y., & Vlachos, I. (2019). Risk Assessment Strategies and Analysis of Healthcare System Using Probability-Impact Matrix. Nur Primary Care, 3(4), 1-4.

van de Water, S., van Dam, I., Schaart, D. R., Al-Mamgani, A., Heijmen, B. J., & Hoogeman, M. S. (2016). The price of robustness; impact of worst-case optimization on organ-at-risk dose and complication probability in intensity-modulated proton therapy for oropharyngeal cancer patients. Radiotherapy and Oncology, 120(1), 56-62.

Jung, Y. S., Park, C. H., Kim, N. H., Lee, M. Y., & Park, D. I. (2017). Impact of age on the risk of advanced colorectal neoplasia in a young population: an analysis using the predicted probability model. Digestive diseases and sciences, 62(9), 2518-2525.

Leisen, R., Steffen, B., & Weber, C. (2019). Regulatory risk and the resilience of new sustainable business models in the energy sector. Journal of cleaner production, 219, 865-878.

Risk Management Strategies – Relevant Links

MBA Dissertation Topics

Tesla Strategic Management

If you enjoyed reading this post on risk management strategies, I would be very grateful if you could help spread this knowledge by emailing this post to a friend, or sharing it on Twitter or Facebook. Thank you.

Management Dissertation Topics

Outstanding Management Dissertation Topics

Title: Outstanding Management Dissertation Topics. Many management students studying at university often ask me what constitutes towards a quality management dissertation topic. There are many factors that contribute towards an outstanding management dissertation but it is always advantageous to examine important factors that underpin a dissertation. Firstly, a management dissertation provides the opportunity to research a particular business management topic that is relevant to your studies. Therefore, it is essential to base your management dissertation topic in this field of study. Your business management dissertation involves writing a significant piece of research, and provides hands-on experience in research design, data collection and data analysis all of which will be summarized in a concise conclusion section.

There are two common research approaches you will need to explore when starting your management dissertation. You may wish to undertake a quantitative study that may involve statistical analysis of survey data. You may opt for a qualitative study involving interviews and observation in organisations. Ultimately, you will naturally develop an enhanced understanding of management theory. When you undertake your management dissertation topic you will examine literature in order to identify potential research gaps, evaluate and reflect upon existing research. You will have the opportunity to critique management theory if deemed appropriate. Try to engage your dissertation supervisor and audience by clearly defining the vision, mission, aims and objectives of your management dissertation topic from the outset.

Management Dissertation Ideas

How will you kick start your management dissertation topic? I recommend that you examine previous research you have conducted in this field. Are you specialized in any business management theory? If so, look at expanding on this and incorporating it into your management dissertation topic. You will feel confident and more assured writing a dissertation in an area of research you are familiar with. I have a profound interest in entrepreneurship and submitted a handful of projects and an undergraduate dissertation in this field. When I began my MBA degree, I knew straightaway that I would expand on my knowledge of entrepreneurship and I am likely to submit my MBA management dissertation topic in this field. I must add that it was fulfilling when building upon my existing knowledge and it proved less stressful.

Business Management Dissertation Topics
Business Management Dissertation Topics

Furthermore, you will need to give an explanation of why you chose this particular management dissertation topic? You will need to expand on 2 – 3 research questions within your chosen management dissertation topic. A brief synopsis of approximately 300 words describing your field of study is advisable. It is recommended to include key literature resources used in the dissertation abstract or synopsis section of your management dissertation. Discuss the sample size disposition and a brief explanation of the methodology framework for collecting the data in your management dissertation. These important factors need to be discussed at the beginning of your research and need to be highlighted in your management dissertation topic.

Writing the Perfect Management Dissertation

What will you gain from writing an engaging management dissertation topic? There is no doubt that you will enhance your writing and analytical skills. You will become more critical (within reason) of existing literature and research. You will not take everything you read and hear at face value, you will start to challenge existing knowledge within the business management field and you will become more commercially aware.

It is safe to say that once you have completed your management dissertation topic you will appreciate the range of methodologies in management research. You will demonstrate the ability of identifying, analyzing and integrating an existing body of literature into your management dissertation topic. You will be able to set out the principles of designing a viable research study and apply these in formulating a research study to investigate a management issue. Ultimately, you will demonstrate the ability of writing a quality management dissertation within demanding time constraints.

Sample Business Management Dissertations

Choosing the best management dissertation topic from the outset is important but sometimes a student can experience a writing block or loss of enthusiasm, there are many factors that can cause this. It happens to many writers. It is inevitable and many academic writers struggle with writer’s block at some point. Below is a list of sample management dissertation topics that will inspire you to write your own management dissertation. The sample management dissertations below are supplied as a reference guide and should not be plagiarized. You should not fall into the trap of plagiarism – always refer to your university’s guide on referencing material, I cannot stress this enough. Be mindful that you will fail your degree if you plagiarize material. The management dissertation topics below have been submitted by undergraduate and postgraduate business management students.

Management Dissertation Topics

MBA Dissertation Investigation into Management Control Strategy

Change Management Within The Retail Banking Sector

Is Culture Management A Symbol Of Management Progression Or Merely Another Form Of Management Control? A Case Study Of Retail Bank ‘X’ Versus Investment Bank ‘Y’

A Review into Project Theoretical Concepts and Models in Regards to the Management of Change and Conflict

An Analysis into the Extent of Financial Leverage within the UK Food and Drink Industry – Identifying Potential Communication Problems between Senior Management and Investors

What is the Impact of Innovation and Technology Usage on Business Management?

Whether you choose to write your management dissertation on the topics above or if you developed your own management dissertation topic, you need to ensure that you write your research on something you are interested in and knowledgeable on – do not conduct research in a field you have no genuine interest in. As previously mentioned you can reduce a lot of pressure on yourself when writing research on a field of management you are comfortable and familiar with.

Click Here To View Management Dissertation Topics

Best University Dissertation Examples

I hope you enjoy reading this post and that you have added confidence in wiring your own management dissertation topic. I would be grateful if you could leave a comment below.

Leadership Strategies for Improving Performance

Dissertation Title: Leadership Strategies for Improving Performance of SMEs in Saudi Arabia

Despite governmental support, healthy international trade and application of varied leadership styles, small and medium businesses in Saudi Arabia continue to struggle and are unable to sustain their operations. One of the factors that contribute to the decline of such firms is poor management. The study adopted the use of both quantitative as well as qualitative approaches in exploring the leadership strategies for improving the performance of small and medium enterprises in Saudi Arabia.

It uses surveys as well as secondary sources from various literatures to determine the leadership strategies that successful businesses in the Saudi Arabia have used to survive, especially during the tough financial times. The conceptual framework that is used in investigating the particular leadership strategies is the transformational leadership theory.

The theory has four tenets, which comprise of idealized influenced, individualized consideration, intellectual stimulation, and inspirational motivation. This research makes use of all these to determine particular ways of enhancing the profitability hence sustenance of the small and medium enterprise in the country. The intention of the study is to recommend the best leadership practices for small and medium enterprises.

The general objective of the study is to do a comprehensive study on Leadership Strategies for Improving the Performance of Small Businesses in Saudi Arabia. There exist various leadership strategies that when implemented have the potential of shifting fundamentally the organizational dynamics as well as the various strategic approaches to managing critical functions of small and medium businesses. The research will be guided by the following research questions:

  • How can leadership strategies be a tactical tool for enhancing success in the organization?
  • What are the leadership strategies that enhance the achievement of strategic business objectives?
  • What is the impact of strategic leadership on strategic development of SMEs in Saudi Arabia?
  • How do leaders drive organizational innovativeness as a strategy to implement change in the small businesses in Saudi Arabia?
  • How does ethical leadership influence the success of small businesses in Saudi Arabia?
Leadership Strategies Dissertation
Leadership Strategies Dissertation

Leadership Strategies Dissertation Contents

1 – Introduction
Context of SMEs
Background of the Study
Key SME Enablers in Saudi Arabia
Definition of SME
Strategic Management
Problem Statement
Objectives of Study
Research Questions
Importance of the Study
Limitations of the Study

2 – Literature Review
Organizational Innovativeness as a component of Leadership
Leadership versus Management
Strategic Leadership
Effective Strategy Implementation
Ethical Leadership
Theoretical Framework
Great Man Theory
Trait Theory
Contingency Theory (Situational)
Style and Behavior Theory
Skills and Characteristics of Strategic Leaders
Strategic Management Paradigm in Small Businesses in Saudi Arabia
Proposed Research Framework

3 – Research Methodology
Leadership Perceptions of small businesses in Saudi Arabia
Research Design
Case Study Research
Data Collection Method and Period of Study
Sample Population
Data Analysis

4 – Presentation of Findings
Gender
Measure of Age Central Tendency
Education Level
Years of Experience in Business
Area of Work
Strategic Leadership Skills key to SMEs
Commitment of Entrepreneurs
The effectiveness of Monshaat Support Center
Tactical Significance of Business Strategies
Significance on Monshaat to Strategy Development
Technology as an Essential Component of Growth
Influence of Ethical Leadership
Innovativeness
Inferential Analysis
ANOVA Model Summary
Testing the Relationship between Response and the Explanatory Variables

5 – Analysis of Findings and Discussions

6 – Research Discussions
Strategic Leadership Framework in SMEs
Monshaat Support Center
Organizational Innovativeness
Information Technology Capability
Presence of Monshaat Support Center
Effective Strategy Implementation
Ethical Leadership as a Strategic Tool for Growth

7 – Recommendations and Conclusion
Recommendations
Conclusion

References

Appendix
Survey Questions

Click Here To View This Dissertation

Relevant Research Material

Leadership Styles in HR Management

Effective Leadership

Did you find any useful knowledge relating to leadership strategies for improving performance in this post? What are the key facts that grabbed your attention? Let us know in the comments. Thank you.

Outsourcing Low Cost Countries

Benefits and Risks of Outsourcing to Low Cost Countries

Apparel and luxury value chains have come up with strategies so as to be cost competitive, increase the income, and expand the market for their goods. Outsourcing the end-to-end supply chain means that activities of an organization are carried out by an external company that specializes in these activities (Pickles et al., 2015). More so, a company can pay attention to its key competencies satisfy consumers, and be more flexible in maintenance and operation of its supply chain.

Apparel and luxury industry is very volatile today, frequent changes in expenses, risks, and demands for materials and goods as well as the changes in factors like international business environment are some of the challenges affecting the end-to-end supply chain. Anything that halts or reduces the movement of material, as well as the apparel and luxury goods, are considered a problem to the supply chain (K3SoftwareSolutions, 2017).

Outsourcing Benefits

Apparel and luxury companies have been able to expand their supply chain to many different countries and migrating to outsource manufacturing which has seen reduction in the cost of production. This strategy has promoted division of labor throughout the end-to-end supply chain by allowing company to concentrate on principal business undertakings. The organization is allowed to concentrate on its core competencies while specialist suppliers are given non-core undertakings (Handfield, 2017).

Suppliers who can carry out the processes more efficiently are tasked with this role and therefore outsourcing in low cost countries helps make the supply chain more effective. International brands have been allowed to create a completely responsive supply chains as well as bringing apparel and luxury products of low price to the shelves of stores (Handfield, 2017). Low priced goods are as a result of using external company’s expertise, knowledge and links to make cost-effective plans. Besides, time is economized since the time taken in designing, and delivering new clothes and luxury products to the market has been reduced from over a year to only a few weeks (Handfield, 2017).

Through outsourcing in low-cost countries, companies have been able to achieve effective processes, low-priced goods, and consumer satisfaction leading to outstanding performance and strategic advantage. Supply chain also becomes more flexible as the company has freedom to choose who they can do business with. Also, outsourcing enables the end-to-end supply chain of the organization to be more traceable (Robinson, and Hsieh, 2016).

Outsourcing-Low-Cost-Countries
Outsourcing-Low-Cost-Countries

Outsourcing Risks

Despite the benefits, an organization exposes their brands to great risks through outsourcing because it becomes a supply chain against supply chain. When going after cheap labor, apparel and luxury companies have been putting immense pressure on the suppliers who in turn are ready to reduce their invested capital to have low costs (Handfield, 2017). So as to compete with other businesses in the low-cost countries, suppliers forwent investments and labor practices that reduces the safety standards in a company and this is likely to damage the brand image of the apparel.

Poor working conditions in the apparel and luxury industry so as to maintain common local codes in low-cost countries is a disadvantage to the supply chain (Handfield, 2017). Another challenge to the supply chain is the abroad manufacturing delays. Apparel and luxury stores that are in western countries are progressively relying on the clothes and accessories from countries like China. Most newcomers to the industry may be found off guard by the delayed manufacturer (K3SoftwareSolutions, 2017). Moreover, damaged shipments and some that get lost is another menace to the apparel and luxury industry. Possible unseen costs such as inflated shipping price can result.

Besides, there are possible setbacks to the supply chain for instance late receiving of inventory leading to consumer dissatisfaction, loss of income and problems in the end-to-end supply chain. Problems may also arise during integration of the two Apparel and luxury companies affecting supply chain. If the hired company economize, use cheap materials or even fail to assess risk fully, the supply chain will be affected due to decreased sales and brand equity (Meeken, 2013).

Conclusion

Outsourcing in low-cost countries helps Apparel and luxury companies be more efficient in their operations because they concentrate of core competencies and they can produce cheaper clothes and accessories as well as satisfying consumers, therefore, affecting supply chain positively. However, there are risks involved such as pressuring suppliers to reduce investment capital to keep low costs. More so, companies adopt common local standards which can ruin the brand image and problems in the hired company can also affect the organization negatively.

References

Handfield, R. (2017, August 23). Needed: A New Way to Manage Risk in Low Cost Countries. Supply Chain Resource Cooperative.

K3 Software Solutions, (2017, December 8). Supply Chain Challenges in Apparel Industry and How You Can Fix Them. Fashion ERP.

Meeken, Z. (2013, June 13). The Risks and Benefits of Outsourcing Supply Chain Management. Business.org.

Pickles J, Plank L, Staritz C, Glasmeier A (2015) Trade policy and regionalisms in global clothing production networks. Camb J Reg, Econ Soc 8(3):381–402

Robinson, P. K., & Hsieh, L. (2016). Reshoring: a strategic renewal of luxury clothing supply chains. Operations Management Research, 9(3-4), 89-101.

Relevant Links

Foreign Outsourcing

Business Strategy Dissertations

Did you find any useful knowledge relating to outsourcing in this post? What are the key facts that grabbed your attention? Let us know in the comments. Thank you.

Global Development China Dissertations

Global Development in China

According to Yang (2016), global development is a wider concept concerned with the level of development of a state weighed on an international scale. Reflecting on global development with China as our case study, we would consider the position in which China’s development can be placed on an international scale. On the other hand, social capital reflects on the relations which can guarantee a nation some competitive advantage over the other nations. Effectively employed social capital creates a good environment in which a nation can thrive (Fine, 2010). This essay focuses on the relationship between the communism and religion and how minorities are treated in China.

In the bid to increase the rate of development within a nation, the aspect of social capital cannot be overlooked. Besides being a core factor to establishing togetherness, social capital ensures all the components of an economy are made available. For example, in the case of China, religion offered many confrontations to the communist which makes it difficult for the leaders to rule with no ideological sanction. With social capital, the fundamental cultural will be incorporated in a nations’ development agenda that guarantee goodwill and commitment from the stakeholders (Fine, 2010).

With no doubt, democracy is the sole factor which contributes significantly to instilling cooperative civil societies and functional social capital. According to Fine (2010), democracy as the rule of the people by the people ensuring all the agenda of the community is presented for consideration during decision-making. Apparently, development is a very sensitive agenda that calls for participation of all the society members; with which a ruling government has high control over what a nation can achieve. Hence democracy comes in to harmonize and present the demands of people creating an effective civil society.

Lack of social capital offers a huge bearing on the ability of a state to develop. This aspect can be justified when a society is not oriented for the same purpose; some of the political leaders, in this case, are more self-centered other than providing the service they were destined by the citizens. Usage of patronage highly denotes that a society tends to put into power those that provide them with incentives. On the other hand, corruption kills efforts as most of the capacity to develop a nation ends up in the hands of a few individuals (Lovell, 2005).

Chinese Global Development

A state which has high development capacity is at a higher chance of establishing and maintaining better social capital. With the virtual of having a promising development direction, a nation will attract more social capital from neighboring nations which constitute significantly to the sustainable future development. Whenever a state capacity is directed towards achieving the development agenda, a greater pool of social capital will be influenced (Lovell, 2005).

In terms of global development, China is the largest united multi-national state which has about 56 different ethnic groups. Among them, 91.59% are the Han Chinese while the other remaining 55 ethnic groups comprise about 8.41% (Fifth National Population Census of 2000). 8.41% presents the minorities who live in China. With a population of about 1159.4 million, the largest ethnic group, Han Chinese is found in most of the parts of China. Nevertheless, they are mainly found in the lower and middle reaches of Yangtze River, Yellow River, and Songliao Plains (Fifth National Population Census of 2000).

In the world, generally, no single nation which can boast of establishing a very good record in relation to the issue of treating minority groups. China is not exceptional. The treatment of minority is not fairly evaluated on the basis of sociological and political standards. However, there exist policies that protect the minority from further exploitation. The minorities in China are protected under the regional autonomy to settle in multiple regions. Such regions include; Ningxia, Tibet, Xinjiang, Guangxi, and Mongolia (Guo, 2008).

According to China’s State Council, China has maintained ancient forms of religion, such as Taoism and Buddhism. However, with increasing radicalization, the country’s belief system is taking a new edge and becoming increasingly diverse. About 61% of the Chinese population comprises the people who are strict followers of Atheism, 26% are followers of Confucian Philosophies, 6% adheres to Buddhist, 2% adheres to Christianity, and about 2% follow Islamic belief. These religions, however, raised many traction with communistic policies as every branch hold a diverse view on work, religion, and political leadership.

In conclusion, global development, social capital and civil societies are a perfect combination that a nation can use to make leverage of development capacity. With an efficient social capital, a nation is at an upper hand to attain its development agenda compared to another that has no goodwill with its social capital. In regard to China, the existence of many ethnic groups has ensured a huge pool of social capital which can be attributed to its massive growth and development. Corruption and patronage can be blamed for dragging a country’s development agenda backward. Whenever political regime is not oriented towards delivering the demands of the citizens, ethnicity will be bound to occur since there is no uniting factor to bring the people together for a common goal and increase Global Development ambitions.

References

Fifth National Population Census (2000) China’s Population Demography and Ethnic Groups.

Fine, B. (2010). Global Development China, Social Capital versus Social History. In Theories of Social Capital: Researchers Behaving Badly (pp. 90-109) Pluto Books.

Guo, X. (2008) State and Ethnicity in China’s Southwest and Global Development in China. Leiden: Brill.

Lovell, D. (2005) Corruption as a Transitional Phenomenon: Understanding Endemic Corruption in the Post-Communist States. In Haller D. & Shore C. (Eds.), Corruption: Anthropological Perspectives (pp. 65-82) Pluto Books.

Yang, F. (2016) “From Made in China to Create in China”: Nation Branding and the Global-National Imaginary. In Faked in China: Nation Branding, Counterfeit Culture, and Globalization (pp. 31-63) Indiana University Press.

Global Development in China
Global Development in China

Other Relevant Blog Posts

Counterfeit Products Chinese Consumers

Consumer Behaviour China Automobiles

Emerging Markets FDI China Dissertation

Chinese Business Dissertations – Click To View

MBA Dissertation – Chinese Business Culture – This dissertation aspires to contribute to an understanding of the nature and pace of change in China’s business culture and the implications of such change for the country’s business environment and global development. China’s emergence as a nascent economic superpower is the subject of increasing attention and focus among contemporary observers of international business and international relations.

The effects of China’s transition from communism to capitalism have become increasingly pervasive and far-reaching. China’s transformation has, however, been accompanied by an underlying tension between on the one hand the need to embrace foreign concepts and practices in the interest of economic development and on the other a wariness of the outside world, which is attributable to a distinctive cultural heritage and a legacy of foreign exploitation and subsequent isolationism in China’s modern history. This dialectic of modernity and tradition raises interesting questions about China from a business culture perspective. The search for an optimal balance between continuity and change is an ongoing challenge, which every society faces.

Dissertation Comparative Analysis Into India and China as I.T. Outsourcing Destinations – Globalization of economies over the past decade has given rise to intense global competition and has compelled business managers to improve their quality and to reduce the cycle time in introducing new products and services. Improvement in the field of telecommunication and data transmission has fostered the growth of the phenomenon of Outsourcing in which corporations are seen to outsource their non core processes to low wage economies like India and China.

This is done on a very large scale by global corporations, not only to take advantage of the labor arbitrage but also to enable them to concentrate on their core processes, thereby resulting in reduced lead-time in the introduction of new products. The main research problem is to compare the two countries with an aim to finding out which of these economies is better poised to seize an increasing share in the global IT-ITES operations while taking global development into account.

Investigation into the Real Estate Industry in China – Real Estate Industry (REI) is pivotal to China’s economic development which relates to people benefit, entrepreneur development and country safe. REI relates with many industries and develops into one of major industry. Development of China REI on the one hand lacks of funds and exists on the need for foreign capital; on the other hand, the existence of international hot money ensures adequate space for foreign capital to stay into. With China’s accession to WTO, it gradually increases the degree of opening up in REI, its opportunities and challenges both exist.

REI is considered as China’s last violent industry in many institutions’ and individuals’ eyes. Therefore, foreign investors have accelerated efforts to develop China REI. However, the inflow of foreign capital is a double-edged sword and has both positive and negative effects existing. To REI, many research in foreign investment has been done, the research of foreign investment in Real Estate has been rarely done. REI has become more and more important in China, so it is necessary to make a research on this subject.

International Business Entry Mode in China – Today economic globalization is far more intensive, rapid and to develop the domestic economy through utilization of foreign capital flow is becoming a country’s common objective. Foreign investment becomes an essential part for the healthy growth of the host country’s economy, but the attitudes and the policies taken by the host countries especially the developing countries are varying. Therefore it is important to learn and know the attitudes and policies of the host countries for foreign firms before making investment. In addition, the country’s culture and market environment greatly affect different types of entry modes.

This dissertation explored the characters of different types of entry modes and seeking through various aspects that affect the decision making on choosing the right form of entry mode in China. Now China becomes the largest country in attracting foreign capitals among developing countries. A comprehensive examination and adjustment of China’s strategies in utilization of foreign capitals has been an important topic that cannot be ignored.

External Finance and Firm Performance : Evidence From China – The important role that financial institutions play in promoting firm growth and firm performance has been demonstrated by substantial empirical research based on both cross-country and within-country studies. However, firms have achieved considerable success in many developing economies where the financial sector is far from established. The experience of China’s economic development seems to present a counter-example to the literature on financial institutions and development.

Despite inadequacies in the country’s formal financial institutions such as banks and stock markets, China has been one of the fastest growing economies in the world. This appears to suggest that alternative channels of finance have been a substitute for formal financial systems and supported the rapid development of China’s firms. One widely suggested mechanism in the literature is that firms in developing economies such as China rely to a large degree on alternative external financing, such as trade credit and foreign capital.

What challenges Textile structure of Shandong Province Face in the Developmental process of Industries? A Study of Textile Industries in Shandong Province China? – In the modern era of global development, China’s influence in the world economy was minimal until the late 1980s. At that time, economic reforms begun after 1978 began to generate significant and steady growth in investment, consumption and standards of living. China now participates extensively in the world market and private sector companies play a major role in the economy. Since 1978, hundreds of millions have been lifted out of poverty, according to China’s official statistics; the poverty rate fell from 53% in 1985 to 2.5% in 2010.

However, 10.8% of people still live on less than $1 a day (PPP-adjusted).The infant mortality rate fell 39.5% between 1995 and 2010, and maternal mortality by 41.1%.Access to telephones during the period rose more than 94-fold, to 57.1%. China has generally implemented reforms in a gradualist fashion. As its role in world has steadily grown, its importance to the international has also increased apace. China’s foreign trade has grown faster than its GDP for the past 25 years. China’s growth come both on huge state investment in infrastructure and heavy industry and from private sector expansion in light industry instead of just exports, whose role in the economy appears to have been significantly overestimated.

In 2008 thousands of private companies closed down and the government announced plans to expand the public sector to take up the slack caused by the global in the capitalist world. Shandong Province as an important component of China’s textile industry, global development, its development process and challenges has the value of research and study.

Analysis into the Consumer Behaviour Characteristics of the Chinese Automobile Industry – China is the biggest consumer and producer of automobiles in the world today. In spite of this, there has not been enough research performed in the field of Chinese consumer behaviour within automobiles industry in China. This particular study investigates the significance of country image and country of origin in Chinese consumer purchase intentions and evaluations of automobiles.

The respondents were located in different cities of China who were surveyed. Conjoint analysis had been used for deriving the significance of country of origin compared to other attributes in making preference judgments whereas multiple regressions were used for deriving the significance of country image in the purchase intentions. It was seen that country of origin is as significant as brand name and more significant than safety, reliability and price in making product evaluations. It was also seen that workmanship, reliability and superior prestige were the most significant reasons for the purchase preferences of the Chinese respondents for the foreign automobiles compared to the Chinese brands.

Global Development Relevant Links

MBA中国学位论文

Did you find any useful knowledge relating to Global Development in China in this post? What are the key facts that grabbed your attention? Let us know in the comments. Thank you.