Strategic Plan Outline

College OF BELIZE MGMT 490 †BUSINESS STRATEGY AND POLICY How to Structure The Strategic Plan Guidelines Executive Summary This is kept in touch with the degree and level of substance that a â€Å"outsider† can peruse the rundown and handle the vision, crucial the association, its general objectives and destinations, major key issues and the key techniques actualized to accomplish the objectives. Segment 1 †Current circumstance 1. Brief Background and History of the Company and the Industry 2. Key Posture: Current Mission, Current Vision Current Values Current Objectives Current Strategies Current Policies 3. Past Strategic Performance Indicators (if accessible): Market share Sales Growth Net Profit Margin Return on Equity Investment Other? (Contingent upon the sort of business/industry) Section 2 †External Environment, Opportunities and Threats (EFAS) 2. 1 General Environment (PEST, Gap Analysis, and so forth) 2. 2 Task Environment (Porters five powers, Strategic Map) 2. 3 External Factor Analysis Summary Section 3 †Internal Environment, Strengths and Weaknesses (IFAS) 3. 1Value Chain investigation . 2Corporate Structure 3. 3Corporate Resources: Marketing Finance Human Resource Operations and Logistics Information Systems 3. 4Internal Factor Analysis Summary Section 4 †Competitive Strength Assessment dependent on Key Success Factors Quality/item performanceCustomer Service Capability Reputation/imageOther? Assembling ability Technological aptitudes and expertise Dealer/dispersion capacity New item advancement abilit y Financial assets Relative cost position Section 5 †Analysis of Major Strategic Factors SFAS . 1 Key Internal and External Factors (SWOT) 5. 2 Competitive favorable circumstances/disservices, Competitive position improving/slipping 5. 2 Review of Mission and Objectives Section 6 †Alternatives and Recommendations 1. Key Alternatives 2. Suggested Strategies Section 7 †Implementation Plan for new techniques suggested Section 8 †Evaluation and Control Plan for new methodologies executed Section 9 †Financial information and Analysis †Includes data on assets to fund the usage of the Strategic Plan Informative supplements BIBLIOGRAPHY THE PRESENTATION OF THE PLAN Time Allowed: 30 minutes Presentation ought to be as per the following: a) Brief History of Company (Section 1) b) Current Situation (Section - 1) c) External Environment Opportunities and Threats (Section 2) d) Internal Environment Strengths and Weaknesses (Section 3 e) Analysis of major key elements, key other options and suggested techniques (counting monetary examination) (Sections 5, 6 and 9)- 15 minutes Question and Answer Session

How could Wireless Communications be made more secure

Presentation Wireless correspondence is by a wide margin the most generally spread and quickest developing segment of the correspondence business. It has entranced our human progress all things considered. As per Brian Fling, â€Å"The phone is without a doubt probably the best creation of humanity. It upset correspondences, empowering us to reach across significant stretches and offer musings, thoughts and dreams with our individual man, making the world an a lot littler spot in the process.† (Fling, 2009, p.1).Advertising We will compose a custom research project test on How could Wireless Communications be made progressively secure? explicitly for you for just $16.05 $11/page Learn More The message arrange, created by Samuel Morse in 1838 opened the way of remote correspondence and was assisted by Guglielmo Marconi in 1895, when he transmitted the three-speck Morse code by the assistance of electromagnetic waves. Therefore radio correspondence appeared. There has been a div erse development in this fragment. Among the sections of remote correspondence, cell innovation has been the most well known and generally acknowledged innovation. The explanation of the notoriety of cell innovation is its straightforwardness in taking care of. Further in this paper, we will talk about the phone innovation, our region of research. The Cell Phone Technology Alexander Graham Bell imagined the phone in 1876. As indicated by Ian Poole, â€Å"A number of individuals chipped away at transmitting sound over wires. In 1857 an Italian-American named Antonio Meucci built up a crude phone framework yet, originating from a poor foundation, he couldn't acquire any monetary support. The generally recognized designer of the phone was a Scot named Alexander Graham Bell.† (Poole, 2006, p.2). Along these lines, radio phones for vehicles were concocted, in which there was a focal reception apparatus in every city that could take into account a limit of 25 channels. Relatively f ew individuals could utilize this administration. Additionally, it was a constrained separation administration, to be exact, for up to a separation of 70 km. After numerous changes done throughout the years, we have the telephone in its current shape. The market of cell phones and cordless telephones accumulated pace and today these are one of the most looked for buyer items. Wireless, called PDA in slang utilization, otherwise called cell phone, is a sort of media transmission that utilizations short-wave simple or computerized transmissions. The subscriber’s cell phone is associated (remote) to the closest versatile pinnacle (transmitter). A cell phone ought not be bewildered with a cordless telephone on the grounds that the last has an exceptionally restricted remote network to its base telephone. The ‘Mobile Telephone Service’ (MTS) was propelled in St. Louis in the year 1946, with three channels and manual activity. MTS was propelled by Motorola as a team wi th the Bell System. The administrations were well known, yet since they were restricted, another help to be specific, the ‘Improved Mobile Telephone Service’ (IMTS) was propelled in the year 1964.Advertising Looking for research project on correspondences media? We should check whether we can support you! Get your first paper with 15% OFF Learn More Simultaneously, ‘Radio Common Carrier’ (RCC) was additionally propelled. During the 1980s, the ‘Advanced Mobile Telephone System (AMTS) was propelled that shut down the IMTS and RCC frameworks. In every one of these frameworks, the telephone client needed to stay in a specific cell region while talking. He/she was unable to move out in light of the fact that the reuse of frequencies was not yet begun. Martin Cooper and some different representatives of Motorola to be specific, Richard W. Dronsuth, Albert J. Mikulski, Charles N. Lynk Jr., James J. Mikulski, John F. Mitchell, Roy A. Richardson, and John H. S angster, concocted the main vehicle telephone in 1973. Motorola was the primary organization to dispatch a conventional cell phone, for open use, in 1983. The model was called ‘Motorola Dyna TAC 8000X, gauging 2 pounds and a battery that must be energized each thirty minutes of talk time. The expense of this telephone was $3,995. Motorola got endorsement for its telephone from the Federal Communications Commission (FCC). Prior, cell phone was an extravagance item claimed distinctly by a chose hardly any rich individuals, however today cell phone has become a need. Martin Cooper had stated, â€Å"People need to converse with others †not a house, or an office, or a vehicle. Given a decision, individuals will request the opportunity to convey any place they are, liberated by the notorious copper wire. It is that opportunity we to clearly exhibit in 1973.† (as refered to in about.com) Modus Operandi of Cell Phones Now let us talk about how mobile phones work. Let us ta ke a case of a specific city. As far as anyone knows, there will be numerous transporters in that city. Every transporter has around 830 unique frequencies to utilize. The transporter partitions the city into little cells which permit wide-going reuse of the recurrence all through that city. Thus, various individuals can utilize the administration simultaneously. Regularly, a cell is intended to provide food around 26 km. Every cell can be depicted as a feature of a colossal hexagonal framework. A pinnacle is set at the focal point of the cell so it covers a huge region. The accompanying graph will additionally clarify the hypothesis: Advertising We will compose a custom research paper test on How could Wireless Communications be made progressively secure? explicitly for you for just $16.05 $11/page Learn More Owing to utilization of low-power transmitters, cells that are separated can reuse a similar recurrence. In the above graph, a similar recurrence can be reused by the cells wi th red diagram. A cell is upheld by a pinnacle and a room that has the necessary hardware. In a simple framework, seventh piece of the accessible duplex voice channels is utilized by a cell. Therefore, every cell has its own different recurrence and there is no way of crash. In simple framework, two frequencies are utilized per cal. Every cell has 56 accessible voice channels. The utilization of advanced transmission builds the quantity of accessible channels and all things considered, more individuals can talk at a given time. A commonplace model is the ‘Time Division Multiple Access’ (TDMA) framework that expands the accessible up to multiple times. Different instances of computerized transmission framework are the ‘Code Division Multiple Access’ (CDMA) and the ‘Global System for Mobile Communication’ (GSM). The transmissions radiated by a phone and a base station are low-controlled. Low-fueled transmissions have a double advantage. Right off the bat, the transmissions of a specific cell are acclimated to the point that they stay inside their cell’s limits. Accordingly, as should be obvious in the above graph, the cells with the red blueprint can reuse a similar recurrence on and on. Besides, mobile phones devour less force which requires little batteries. This very truth has made the wireless a reality. Bury cell correspondence Each wireless has its own run of the mill code that is utilized as a personality of the proprietor. This code additionally gives insights concerning the telephone and the system supplier. Following is the grouping of happenings when somebody attempts to call. At the point when a telephone is turned on, it first scans for the System Identification Code (SID) through the control station. SID is fundamentally a five digit number that is one of a kind for every cell phone. Control channel is the recurrence at which the telephone and the base station associate with one another and impart about the ring set and station evolving. In the event that the control channel isn't discovered, it implies the telephone is out of range and a message of ‘no service’ will be flashed on the cell phone screen. When the SID is conveyed, it is contrasted with the preset SID of the cell phone. On the off chance that both the SIDs are same implies that two cell phones of a similar home framework have been associated. All the while, an enrollment demand is likewise transmitted by the cell phone. The Mobile Telephone Switching Office (MTSO) tracks the portable phone’s area with the goal that it knows the specific cell wherein the cell phone is found and can call the cell phone when it needs to. At the point when somebody approaches the cell phone, it is first gotten by the MTSO. Thus, the MTSO attempts to find the cell phone by investigating the database for its area. When the cell has been distinguished, the MTSO at that point coordinates the recurrence of the cell phone w ith the accessible frequencies so it can pick the correct one. At that point once the cell phone and the pinnacle switch on to that recurrence, the call should be associated. Thusly, the discussion begins. While progressing, when the cell phone arrives at the edge of its phone, the sign quality beginnings lessening. And yet, the phone towards which the cell phone is moving beginnings accepting its solid signs. The base stations of these two cells speak with one another and at some specific point, the recurrence is changed and the cell phone is naturally turned on to the next recurrence. While on Roaming A cell phone is supposed to be in wandering if its SID isn't coordinating with the SID of the phone where it is found. The base station of this cell contacts the command post station of the cell phone. When the command post station affirms the legitimacy of the SID, the nearby MTSO is imparted about it and from now on that specific MTSO matches its recurrence with that of the cell ph one and tracks its developments through its cells. Contrasting Mobile Phones and Citizens Band Radios Until we comprehend the distinction between cell phones and residents band radios (CBs), we should not have the option to welcome the advancement of versatile phones.Advertising Searching for research paper on correspondences media? How about we check whether we can support you! Get your first paper with 15% OFF Find out More All things considered, there are two sorts of gadgets; simplex and duplex. Walkie-talkies and CBs are instances of s

Sample TOEFL Essay Luck or Hard Work

Sample TOEFL Essay Luck or Hard Work The QuestionDo you agree or disagree with the following statement? “When people succeed, it is entirely because of hard work. Luck has nothing to do with their success.” Use specific reasons and examples to explain your position.Special Offer: TOEFL Essay Evaluation and ScoringYou can now sign up to have your practice essays evaluated and scored by the author of this web page. Its a great way to learn how you will do before test day and how you can best prepare for the test. Sign up today.The Sample EssayWe have all heard stories about people who have achieved success in their life, and we often wonder how they did it. Personally, I believe that success is only the result of hard work and perseverance. I feel this way for two main reasons, which I will explore in the following essay. To begin with, success is always the result of hard work over a long period of time. Success happens gradually, and only after a series of correct decisions and small victories. A stroke of luck, in contrast, is generally perceived to be a one-time event. The experience of my uncle, a successful entrepreneur, is a compelling example of what I mean. Since 2005, he has run a very profitable technology firm which manufactures and sells a wide range of products. His business started very small when he invested his savings to develop and market a single product and hire his first employee. When that product became popular, my uncle compounded his success by introducing new products and gradually increasing the size of his company. His company later grew from a single employee to include a staff of dozens. While my uncle might have been lucky at one stage of his company’s growth, the long-term success of his firm cannot simply be the result of good fortune.Secondly, success is usually the result of careful planning, research and education, all of which require a lot of work to achieve. For instance, some people said that my uncle was lucky when his initial product offering was succ essful. However, he was confident that his product would be a hit even before he started manufacturing it. This is because he spent thousands of dollars on market research and focus groups. It was this investment of time and money, not luck, which assured the early success of his business. Likewise, when his small firm merged with another firm just before that company rose to prominence some called him lucky. However, my uncle had spent weeks interviewing the research and development team at that company and predicted their success based on what they told him. Had he not been confident of their potential, he would not have completed the merger. Again, this victory was the result of diligence rather than luck, despite what some observers say about it. In conclusion, I firmly believe that success comes as a result of hard work. This is because success takes a lot of time to achieve, and it also required very careful planning. (423 words)

COOPER Surname Meaning and Family History

The surname Cooper is an English occupational name for one who made and sold casks, buckets and tubs. The name derives from the Middle English couper, cowper, adapted from Middle Dutch kuper, a derivative of kup, meaning tub or container. Cooper may also be an Anglicized version of a similar sounding surname such as the Dutch Kuiper, or the Jewish Kupfer or Kupper. Origin and Popularity of COOPER Cooper is the 64th most popular surname in the United States and the 29th most common surname in England. The prevalence of the surname  is due to the cooper trades importance during the  Middle Ages throughout Europe.   As a Dutch surname, Cooper may have originated as an  occupational name for a buyer or merchant, from the Middle Dutch coper. Surname Origin:  English, Dutch Alternate Surname Spellings:  KOOPER, KOEPER, KUPFER, COOPERS, COOPERMAN, COPER, COOBER, COOPEY, COPPER Famous People With the COOPER Surname James Fenimore Cooper - 19th-century American novelistGary Cooper - American actor of the silent film eraMartin Cooper - American engineer who conceived the first mobile cellular phonePeter Cooper - American industrialist and inventor; best known for designing and building the first steam locomotive in the United StatesJackie Cooper - American  actor, director and producerBradley Cooper - American actor Where Is the COOPER Surname Most Common? Forebears identifies Cooper as the 927th most common surname in the world, with the greatest numbers of individuals with the name living in the United States, where the name ranks 61st. Based on surname density, Cooper is also a very common last name in England (where it ranks 35th in the country), Liberia (4th), Australia (43rd), New Zealand (37th) and Wales (67th). While the Cooper surname  is very common throughout the United Kingdom, WorldNames PublicProfiler shows it as most common in central England, especially in Staffordshire. Genealogy Resources for the Surname COOPER 100 Most Common U.S. Surnames Their MeaningsSmith, Johnson, Williams, Jones, Brown... Are you one of the millions of Americans sporting one of these top 100 common last names from the 2000 census? Cooper Genealogy DNA ProjectThe  Cooper DNA group project was begun in 2002 by Gary S. Cooper of Lexington, North Carolina, as a tool to use in conjunction with other written documentation in genealogy research to help identify and define different Cooper-Lines and validate existing Cooper family history. Cooper  Family Crest - Its Not What You ThinkContrary to what you may hear, there is no such thing as a Cooper  family crest or coat of arms for the Cooper surname.  Coats of arms are granted to individuals, not families, and may rightfully be used only by the uninterrupted male-line descendants of the person to whom the coat of arms was originally granted. Cooper Family Genealogy ForumSearch this popular genealogy forum for the Cooper surname to find others who might be researching your ancestors, or post your own Cooper query. FamilySearchExplore over 6.7  million  historical records which mention individuals with the Cooper  surname, as well as online Cooper family trees on this free website hosted by the Church of Jesus Christ of Latter-day Saints. COOPER Surname Family Mailing ListsRootsWeb hosts several free mailing lists for researchers of the Cooper surname. GeneaNet - Cooper  RecordsGeneaNet includes archival records, family trees, and other resources for individuals with the Cooper  surname, with a concentration on records and families from France and other European countries. The Cooper  Genealogy and Family Tree PageBrowse family trees and links to genealogical and historical records for individuals with the last name Cooper  from the website of Genealogy Today. References Cottle, Basil.  Penguin Dictionary of Surnames. Baltimore, MD: Penguin Books, 1967.Dorward, David.  Scottish Surnames. Collins Celtic (Pocket edition), 1998.Fucilla, Joseph.  Our Italian Surnames. Genealogical Publishing Company, 2003.Hanks, Patrick and Flavia Hodges.  A Dictionary of Surnames. Oxford University Press, 1989.Hanks, Patrick.  Dictionary of American Family Names. Oxford University Press, 2003.Reaney, P.H.  A Dictionary of English Surnames. Oxford University Press, 1997.Smith, Elsdon C.  American Surnames. Genealogical Publishing Company, 1997.

Public High School Students Have The First Amendment Right...

Public high school students have the First Amendment right of free expression and the Fourth Amendment protection against unreasonable searches while they’re at school. These protections extend a student’s social media and to the digital contents of their cell phones. At the same time, public high schools have special characteristics associated with their duty to educate students and provide a safe and orderly place conducive to learning and so students accept greater restrictions of their constitutional rights while in school. At issue with respect to Rocktown High School’s 2016 AP History class is whether the school’s â€Å"search† of history student’s social media â€Å"friends,† obtained under threat of suspension, was reasonable, whether the†¦show more content†¦Fourth Amendment. Mrs. Smith was justified in demanding that Britney Sullivan log on to social media and reveal the â€Å"secret group† suspected of cheating because Mrs. Smith’s suspicions were supported by facts and she narrowly focused her â€Å"search† to the group’s discussion of the AP history exam questions. Before searching through a student’s personal items, school officials need to have reasonable grounds to believe that the student has violated a school rule. Reasonable grounds can be based on all sorts of information, including a tip from another student as well as a student’s history of breaking school rules. Mrs. Smith knew that a group of AP History students missed the same questions, had, unexpectedly, extremely high test scores and she had a tip that the test had been stolen and questions discussed by a secret group on a specific social media site. The tip and the fishy test results gave Mrs. Smith enough suspicion to question Sullivan, a m ember of the suspect group who had broken school rules before. Cheating on a high school exam is a very serious violation. And the more serious the violation, the stronger the school’s reasons to search for evidence to either approve or dispel it. â€Å"Fourth Amendment rights†¦ are different in public schools†¦ the reasonableness inquiry cannot disregard the schools custodial and tutelary responsibility for children.†(Board of Education v. Earls 536 U.S. 844) This is

Flat or House Free Essays

I would like to speak about what is better to live in a flat or in a house ? Comparing living in a flat or a house is difficult. Someone says that living in a house is better than in a flat and someone the opposite. An I think that living in house is much better than living in flat. We will write a custom essay sample on Flat or House or any similar topic only for you Order Now Fistly, I would like to speak about living in a flat. Speaking about positives aspects about living in a flat I should say that people who‘s doesn’t like working in garden or just being quiet and alone there really should choose to live in a flat as you don’t have any problems about that. But living in a flat there is and negative aspects. I live in a flat. The flats are often smaller than houses. In flats there usually isn’t so much place as in a house. If a family has more children, the children must live in one room together. In most cases, people living in flats don’t have any gardens or cottages, only a garage. The main advantage of living in a flat is that flats aren’t so expensive and usually are situated in a town, where everything is near and handy. Secondly, I would like to speak about living in house. Living in houses has many advantages too. There are more places for living. Every member of the family can have his or her room. A house usually has more rooms. In a house can be a big kitchen with larder, a workroom, a fitness room, more bedrooms, toilets and bathrooms and of course an attic. There can be spare rooms for guests and visitors too. In the house, there can be a cellar, where to store the vegetables and fruits from a garden. Next to a house, there is usually a  big or small garden, where children can play and they don’t play on the street, where there is a traffic. For example, you can also keep pets there on a garden. Family can work in a garden, relax, or do various parties. Houses usually have garages. It’s very good place for men’s hobbies. Speaking about negatives aspects I should say that living in hause is very expensive and it is require a lot of care: such as housework. Also in detached house you can feel like in your own castle. Nobody disturbs you, but also nobody helps you too. You house usually is in the suburb. There is cleaner air and prettier environment then in the centre. In suburb, you need to have your own car, because usually there is no bus stop and you have to walk for a few kilometres to the nearest one. All in all, I should say that I better prefer living in a house then living in a flat because it is much more comfortable and better than living in a flat. How to cite Flat or House, Papers

Zara International Supply Chain Management

Introduction A company’s management has the role of managing operations and Supplies to ensure adequate supply of materials in the company at the right time at an appropriate competitive cost. Supplies takes the form of having the raw material required for production at the right time to make the process effective and in the case of outsourced manufacturing services, the timely supply of the finished products (Cousins, Lamming, Lawson and Squire,2008).Advertising We will write a custom essay sample on Zara International Supply Chain Management specifically for you for only $16.05 $11/page Learn More As many Europeans companies are shifting their operation (manufacturing) base to China, African Nations and Asia, to enjoy the cheaper labor markets there; however, some companies like Zara International Fashions have opted to procure their products in Europe. The main question is why has Zara International ignored the perceived benefit from outsourced manufacturing? This paper seeks to answer the above question; it will discuss the answer from a supply-chain management angle. What is Supply Chain Management? A business process is a well-coordinated sequential task, undertaken to fulfill certain set objectives. Every stage is managed as it contributes to attainment of the set goals and objectives. Generally, three sets of business processes they are, managerial processes, operational processes and supporting processes. Supply chain management aims at providing goods necessary for production in a business. It starts from identifying the materials required for various processes in the company and ends with the supply of those goods. It has a period; an efficient process must be completed within a set period. A supply chain management is an internal operation whose results the internal and final consumer feels. It has the following objectives: To ensure that there are quality and quantity supply of goods and services To ensure that there is a Just in time delivery of goods and services Control the supply system and attain highest efficiency possible Reduction of transportation cost, lead time and warehouse costs Enhance customer service through provision of high quality goods. When a company has an adequate supply of materials, it is able to produce goods in the right time at an affordable and competitive price. When sourcing products from another country, the approach of supply chain management moves a notch higher, companies in Europe has to contend with other logistics though in the supply chain network that companies like Zara procuring locally are not entitle to, they include: International logistic issues To have adequate supply, the prevailing conditions must be optimal and no external influence; when a company is procuring from abroad, it is affected by economic, political and social changes in the procuring country; this makes the business miss the confidence that they can supply when wanted. This reason makes Zara opt for local produced goods.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Complication of international procurements When getting goods abroad, companies are seen to operate two stage complicated supply chain, they must ensure that either the foreign country gets the materials, those sent from the buying country or it has procured in the local market; to manage such a process is complicated and time consuming. Zara has opted to have a simple local manufacturing that it can manage effectively (Zara International, 2011). The make-buy decision When in business, the management must make the decisions whether they will use their own manufactured goods or they will buy already made goods; the decision is rather personal to a business and considers many options. When a company decides to make products, it ensures that it has the right expertise materials are available as w ell labor. The main factor of consideration is whether making ones products will lead to a reduced cost of production or alternatively it will lead to higher quality that will lead to increased sales. The reason why other European countries have decided to get their products made from Asian and Chinese countries is the labor costs, this makes the goods cheap in the end; however managing the process for quality is complicated; again it is a shaky deal where a company has to worry about any change in the country of procurements stability. Zara International has opted to buy more form the market because of a variety of factors; they include: When buying locally, it will not be given the margin to buy to be sold at an appropriate cost; this is different than when manufacturing, the manufacturer has to make some products to break even which may lead to over production. When buying locally, the company will have the option of comparing the many varieties in the market and procure form tho se companies that have the products in demand. This makes the company have the best products at an affordable cost (Zara International, 2011). Sourcing strategies and supply chain configurations When manufacturing goods from a country different form the country of sales, the European companies depending on other companies have to undertake some suppliers/abroad manufactures. Configuration of supply chain is a procedural way that ensures that goods are delivered their place of need when they are needed to be. Logistic management involves processes undertaken by a company to ensure that it has goods and services it requires for its day-to-day activities when they are needed. Some governmental procedures or companies processes may shape it. In an international procurement, there are customs logistics that must be adhered to ensure that commodity is delivered at the right time. It involves procuring, handling, warehousing, verifying and control of goods imported. Customs laws must be ad hered.Advertising We will write a custom essay sample on Zara International Supply Chain Management specifically for you for only $16.05 $11/page Learn More It is a lengthy process and thus an importing company must ensure that it has enough time for a just in time delivery. Logistics management team is given the mandate to ensure that delivery is done at the right time, right cost and the right place (Harrison and Hoek, 2008) When Zara procures locally, then it avoids all the above logistics and it can be sure that it will get what the market is offering; in the case the above logistics are hampered by something may be special to a procuring country or applying across the board, the procuring company will have to suffer the loss of business. However, the case is different when a company is procuring from the local scenes. Zara always has the option of selling what is available in the market thus at any one point is it on toes with the market, a move th at offers it competitive advantage. Strategic supplier selection A company should develop a good business relationship with its suppliers, as this will assist in making sure that there is reliability in the supply of materials. When in the international arena, a company should ensure that it has good relations will all the people in the line of business all the way from the sourcing of materials to the last person who will bring the goods into the company; this is not an easy task. When there is a good relation, it is easier to get goods at a better price and market data from suppliers whom the company has established good business relations. Maintaining the good relation with people of different personalities and companies with varying philosophies is not an easy job, sometimes it fails the manufacturing companies (Mangan, Lalwani and Butcher, 2008). The decision of Zara International to procure locally can be attributed to avoidance of the above hassle the management is better con centrate on looking for the best commodities in the local market and ensuring that the internal businesses processes are up to date and competitive. As other businesses are looking for relationship building approaches, the company is busy developing business processes and enacting them for a competitive business. Aligning supply with corporate strategy Companies are guided by corporate strategies; they should align their processes, including supply management processes to the company’s corporate strategy. A Company’s procurement and supplies department ensures that production materials and equipments required for an effective production are available, in the right quality and at an appropriate price, this will meet the company’s main goal of being profitable.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More With globalization, companies can procure goods and services that meet their requirements from different countries; the wide availability of materials and their markets has facilitated industrialization; however the policies and the ideologies in the international business has sometimes contradicted the procuring company corporate structure (Lysons and Gillingham, 2003). For example, many European companies have sustainable development agendas as one of their corporate strategies; however, they may procure from countries that have relaxed environmental laws, thus the procurement ends up violating the company’s corporate goal. Another area is in labor and its costs, different countries have different labor cost, Europeans companies have corporate goal of ensuring they have the best cared for human capital, but when they procure abroad, the standards set in those countries may be different thus the company ends up violating its own corporate goal indirectly (Christopher, 2005). Zara International is keen on maintaining and respecting its corporate goals and objectives; when the company buys from local scenes, it is able to make sure that all areas have been looked into before making a move. For example, it will be able to make sure that it buys from companies that respect their employee’s rights and those that protect the environment. With such moves, it will be satisfying its corporate goals and objectives (Zara International, 2011) Conclusion Having an effective supply chain management offers a competitive advantage to an organization; supply chain management has the main objective to ensuring that at any one time there are adequate supplies to a business, at an appropriate cost and place. To buy locally available goods or manufacture goods for sale is a decision that management has to make; Zara has opted to purchase over 80% of its goods locally, instead of having international manufacturing joints that have cheaper labor. The main reason for t he decision is to offer management a chance to concentrate on other business processes that will offer a competitive advantage to the company; it is also a risk management approach. References Christopher, M. ,2005. Logistics and Supply Chain Management; creating value-adding networks. Harlow: Prentice Hall Cousins, P., Lamming, R., Lawson, B. and Squire, B. ,2008. Strategic Supply Management: principles, theories and practice. Harlow: Prentice Hall. Harrison, A. and Hoek, R. ,2008. Logistics Management and Strategy. Harlow: Prentice Hall Lysons, K. and Gillingham, M. ,2003. Purchasing and Supply Chain Management. Harlow: Prentice Hall/ Financial Times. Mangan, J., Lalwani, C. and Butcher, T. ,2008. Global Logistics and Supply Chain Management. Chichester: John Wiley Sons Ltd. Zara International., 2011. Zara. Web. This essay on Zara International Supply Chain Management was written and submitted by user Shiny Sheep to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.