Riordan Manufacturing opened a labor eagerness in mainland China. Because it flourished, Riordans CEO wanted to add an some other facility. By adding a nonher facility, Michael Riordan hopes to provide the order with additional multinational opportunities. The disputation in China results in a lack of clever labor; however, labor from nearby countries is available to Riordan Manufacturing. Using workers from these other countries requires Riordan Manufacturing to consider cross-cultural issues.
Consideration of cross-cultural issues requires Riordan Manufacturing to perform a situation analysis, which will require the company to consider issues and opportunities that the company could face. In addition to identifying the issues and opportunities, the company must consider stakeholder perspectives and honest dilemmas presented by those stakeholders. Once the situation analysis has been completed, Riordan Manufacturing must fix a vision and bridge the gap between the stream issues and opportunities and the goals presented by the vision.
Situation Analysis
Issue and Opportunity Identification
The domestic and international political environment has a major impact on MNCs.
As government policies change, MNCs must adjust their strategies and practices to accommodate the forward-looking perspectives and actual requirements (Hodgetts, Luthans, & Doh, 2005, p. 36). Riordan Manufacturing has a facility location selected, but the primary feather issue of the company is that they do not have the skillful laborers necessary to operate the facility. According to Hodgetts, Luthans, and Doh, many companies in China face this issue. If an employee is hired and trained, they leave the company for a competitor. To write Chinese economy in check, China has strong regulations for companies to decipher when staring production in China. For example, if a company does not expect to have a certain amount of production over a period of time, China will egest the company. When...If you want to get a full essay, order it on our website: Ordercustompaper.com
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