Wow, what a great opportunity! you thought to yourself after a meeting with your supervisor. After...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
"Wow, what a great opportunity!" you thought to yourself after a meeting with your supervisor. After just two short years at your global shipping firm, you've been offered a great promotion, a chance to head up your company's first venture overseas, a sorting and shipping facility in India. You're thrilled at the chance to learn about a new culture and meet different people, but most of all, by the opportunity to produce stunning results for your company by tapping into a rising technological titan that has some of the best minds in the world. But as you think about how exciting it will be to be the boss in India, you recall your first visit and how it seemed utterly impossible to get around conveniently. It was almost like everywhere you went, you had to fight through a mass of cars and people on the pothole-riddled streets, all fighting for space and maybe a little bit of exhaust-free air. While the trip from the airport to your hotel was barely ten miles, it took you more than two hours. During monsoon season, all of the potholes would fill with water, making the streets into a small maze of ponds. "How long," you wonder, "would it take for my employees to get to work every morning? To get our trucks to the facility? How long will my drivers have to sit in traffic? Will they be able to handle next-day shipments?" The Indian government is certainly aware of the problems with the country's infrastructure. In fact, the government has pledged to spend $500 billion by 2012, and $1 trillion by 2017, to improve the country's roads, bridges, rails, and airports. But, as you learn from research, all of that money may not be enough to make a difference, because the real source of India's infrastructure problems are a lack of civil engineers. Most Indian students opt to study business, computer science, or information technology to take advantage of the growing number of tech firms that are outsourcing to India. Even those trained in civil engineering mostly end up working in tech companies, which pay two or three times more than civil design firms. The realization slowly sinks in that this is the environment that you will be working in-a place full of skilled people but plagued with terrible roads, traffic, and long travel hours. And your initial excitement at the opportunity slowly melds into anxiety. Questions 1. Identify various governmental policies and actions that a company takes advantage of when doing business. Some examples include (but are certainly not limited to) tax requirements, financial regulations, or import/export guidelines. 2. Given the external environmental conditions presented by the state of Indian infrastructure, would you choose to open a new facility there? Why, or why not? 3. Should your company take action to help improve infrastructure, or should it just look for another place to do business? "Wow, what a great opportunity!" you thought to yourself after a meeting with your supervisor. After just two short years at your global shipping firm, you've been offered a great promotion, a chance to head up your company's first venture overseas, a sorting and shipping facility in India. You're thrilled at the chance to learn about a new culture and meet different people, but most of all, by the opportunity to produce stunning results for your company by tapping into a rising technological titan that has some of the best minds in the world. But as you think about how exciting it will be to be the boss in India, you recall your first visit and how it seemed utterly impossible to get around conveniently. It was almost like everywhere you went, you had to fight through a mass of cars and people on the pothole-riddled streets, all fighting for space and maybe a little bit of exhaust-free air. While the trip from the airport to your hotel was barely ten miles, it took you more than two hours. During monsoon season, all of the potholes would fill with water, making the streets into a small maze of ponds. "How long," you wonder, "would it take for my employees to get to work every morning? To get our trucks to the facility? How long will my drivers have to sit in traffic? Will they be able to handle next-day shipments?" The Indian government is certainly aware of the problems with the country's infrastructure. In fact, the government has pledged to spend $500 billion by 2012, and $1 trillion by 2017, to improve the country's roads, bridges, rails, and airports. But, as you learn from research, all of that money may not be enough to make a difference, because the real source of India's infrastructure problems are a lack of civil engineers. Most Indian students opt to study business, computer science, or information technology to take advantage of the growing number of tech firms that are outsourcing to India. Even those trained in civil engineering mostly end up working in tech companies, which pay two or three times more than civil design firms. The realization slowly sinks in that this is the environment that you will be working in-a place full of skilled people but plagued with terrible roads, traffic, and long travel hours. And your initial excitement at the opportunity slowly melds into anxiety. Questions 1. Identify various governmental policies and actions that a company takes advantage of when doing business. Some examples include (but are certainly not limited to) tax requirements, financial regulations, or import/export guidelines. 2. Given the external environmental conditions presented by the state of Indian infrastructure, would you choose to open a new facility there? Why, or why not? 3. Should your company take action to help improve infrastructure, or should it just look for another place to do business?
Expert Answer:
Answer rating: 100% (QA)
Answer 1 While doing business in any country the business can take advantage of following policies o... View the full answer
Posted Date:
Students also viewed these accounting questions
-
You believe that oil prices will be rising more than expected and that rising prices will result in lower earnings for industrial companies that use a lot of petroleum-related products in their...
-
How did people first learn about a new product? A random sample of 200 shoppers at a particular store was asked their age and whether they heard about the product from a friend or through a local...
-
A hotel 35 miles from an airport runs a shuttle service to and from the airport. The 9:00 A.M. bus leaves for the airport traveling at 30 miles per hour. The 9:15 A.M. bus leaves for the airport...
-
Hatch plc has two classes of share capital outstanding: 8%, 20 par preference and 5 par ordinary. At December 31, 2021, the following accounts were included in equity. Share CapitalPreference,...
-
Sampson Company uses a job order cost system with overhead applied to products based on direct labor hours. Based on previous history, the company estimated its total overhead for the coming year...
-
Use shifts and scalings to graph the given functions. Then check your work with a graphing utility. Be sure to identify an original function on which the shifts and scalings are performed. f(x) = x 2...
-
You are analyzing the performance of Jackson Corporation, a manufacturer of personal care products, for the most recent year. The following data are taken from the firm's latest annual report: In...
-
On January 1, 2007, Nichols Corporation granted 10,000 options to key executives. Each option allows the executive to purchase one share of Nichols $5 par value common stock at a price of $20 per...
-
JOB CUTS One Carrier Corporation factory builds air conditioning systems for com- mercial buildings. Sales are traditionally low as summer draws to an end and the manager decides he must layoff 80 of...
-
Whine purchased 80% of the outstanding voting shares of Dine Inc. on December 31, 2018. The balance sheets of both companies on that date are shown below (after Whine acquired the shares): WHINE DINE...
-
A rectangular block of wood, 1 2 cm x 1 6 cm x 4 0 cm , has a density of rho subscript block end subscript = 0 . 5 5 rho subscript water end subscript , where the density of water rho subscript...
-
When an auditor confirms accounts receivable, which balance-related objective is satisfied? O Existence Occurrence O Realizable value Cutoff
-
Perform an analysis on a hypothetical discovery based on the following information: Field Size 1.4 Tcf Production/Reserve Ratio 7% of the original field size starting producing year 3 Gas Price...
-
Johnson Company has a target capital structure of 50% equity and 40% debt.Johnson Company currently has 6.5% coupon bonds (with annual coupon payments) outstanding with a par value of $1,000 and 20...
-
3 (12 Points) Kamla Corporation approved a $1,200,000 "bond issue" dated June 1, 2023, due in 10 years, with interest at 8%. Interest is payable on June 1 and December 1. The entire "bond issue" was...
-
A ball is thrown off of the roof of a 75-meter-tall building with a horizontal speed of 10.0 m/s. How long does it take for the ball to hit the ground? Kinematic equations that may help with this...
-
Exhibit 7-7 Housing Affordability and Mortgage Qualification Amounts Example A Example B Step 1: Determine your monthly gross income (annual income divided by 12). $ 72,000 12 Step 2: $ 6,000 $ 6,000...
-
Carlton Stokes owns and operates a car-detailing business named SuperShine & Detailing. For $150, Carltons business will hand wash and wax customers cars, vacuum the interior, and thoroughly clean...
-
Schedule of Cost of Goods Sold Sydney Company reported the following amounts for October: Use Excel to prepare a schedule of cost of goods sold for October. Beginning raw materials inventory....
-
For each of the following unrelated companies, compute the cost of goods manufactured and the cost of goods sold: A B C Selling expenses Factory insurance. Ending finished goods inventory....
-
The following transactions occurred during January 2019 for Richards Manufacturing Company: Jan. 5 Acquired $4,500 of materials on account that will be used to produce product for resale. 11...
Federal Water Activities Selected Authorities And Programs Uk Edition - ISBN: 1624176496 - Free Book
Study smarter with the SolutionInn App