Globalization represents the opportunity to deliver improved value to end customers by developing world-class supply relationships in...

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General Management

Globalization represents the opportunity to deliver improvedvalue to end customers by developing world-class supplyrelationships in terms of cost, quality, delivery, and performance.More and more buyers have to learn to develop a supply base in morethan one country in order to remain competitive in the complex anddynamic global business environment.

Identify a company of your choice (in a vehicle- manufacturingindustry) on which you will base your study. ?

Write a detailed report on the above statement considering thefollowing questions:

Question 1
Critically analyse reasons that may cause your company to consideran international supplier over a local supplier.


Question 2
Critically discuss the reasons why your company (a vehicle-manufacturing company) should consider ethical conduct in itspurchasing structure.

Question 3
Examine the various types of contracts available to your company (avehicle- manufacturing company) when dealing with internationalsuppliers and advise them on which contracts would be mostbeneficial to achieve a competitive advantage.

Structure of the final report

Title (this should convey the area and scope of the project)

Table of contents

Introduction

Background of the company (BMW Company)   

Discussion (answer questions 1-3)

Summary/conclusions

References

Appendices (if used)

Answer & Explanation Solved by verified expert
3.6 Ratings (594 Votes)
BMW COMPANY BMW is a well known brand and its full name is Bayerische Motoren Werke AG It is a multinational company which deals in luxorious vehicles It is a 12th largest producer of motor vehicles in the world It comprises Mini and Rolls royce too It was founder in 90s Its headquarteris in Munch but it has expanded itself in one of the largest countries in the world china and India and mother countries 1 Our company should consider over a local suppier because it has a brand name It is situated in different    See Answer
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