Question: How you would take action as a leader. Complete the steps from the Essential Skills article- Anticipate-Challenge-Interpret-Decide-Align-Learn. 1) You are a project manager for an

How you would take action as a leader. Complete the steps from the Essential Skills article- Anticipate-Challenge-Interpret-Decide-Align-Learn.

1) You are a project manager for an international engine manufacturer. For the past several years you have purchased crankshafts from a manufacturer in China. You purchase hundreds of crankshafts per quarter. Last month the US Federal Government initiated tariffs on goods from China, which resulted in a 30% tariff added to your crankshafts. (Each costs $50,000.) You investigate and find that you can ship the crankshafts from China to India and incur only an 8% import tariff. If you ship to India instead of the US, the work to assemble the crankshafts in the engines will now occur in India. Your India subsidiary has the same quality rating as your US facility.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!