Global Business Plan Essay Example | Topics and Well Written Essays - 500 words

Global Business Plan - Essay Example It has introduced magnificent devices which have been in vogue for the last two decades. Garmin GPS can be studied under the following headings: Geography: Being a wonderful navigation-devices manufacturer, Garmin has brought revolution in the discipline of geography and space sciences. With the help of the tools introduced by Garmin, it has become very easy to search and detect an area or a place, and everything related to a specific region all over the globe. Garmin devices are not limited to land only. On the contrary, one can detect almost every route existing in the air, under deep water, in thick jungles, over the high mountains and in vast deserts. In addition, Garmin has rendered its valuable services in the fields of sports, hiking, communications and learning. Competition: Being a superb manufacturing corporate organization, Garmin seeks tough competition from the rival companies. There was a time when it was the sole producer of navigation equipments, but with the arrival of competitor brands, in the wake of IT revolution, Garmin faces tough competition. TomTom, Hoover’s, AstroFly Litkin, Shenzhen and thousands of other companies are now the competitors of Garmin GPS. With the splendid rise of the Chinese companies, Garmin faces great competition from the Asian markets. Legal/political structure: Garmin GPS is well aware of the legal rights including intellectual property rights and others the political and legal authorities offer to the corporate firms and industries. Regarding its political structure, the company was co-founded by Gary Burrell and Dr. Min Kao, and is still administered by both these persons. The company has well-established it administrative hierarchy, which consists of board of directors and managerial and technical staff. The board of directors is responsible for devising strategic schemes, policies and plans for the company,

MGMT499 - 1403B - 04 Individual Project 1 Research Paper

MGMT499 - 1403B - 04 Individual Project 1 - Research Paper Example Formulating the right steps needed to reach these aims is also crucial. The top management team has always excelled at this function in Starbucks. First, CEO Howard Schultz wanted the company to offer a different coffee-selling experience from its competitors. Therefore, it dwelt on making the ambience and services at Starbucks more laid-back than at other companies. It established a way of achieving those outcomes by effectively training its baristas to maintain high coffee standards (Cleary, 2007). In addition, the company also had a plan to make its presence felt in almost all corners of the US and internationally. The management team thus expanded into non urban areas where it doubled its outcomes. It even entered into grocery stores and drive-thru locations. The company worked on its business aspect by licensing some of its products as well as offering a platform called â€Å"Starbucks for business† (Paryani, 2011). This innovation allowed suppliers to contract out their businesses through these platforms. Overall, the company demonstrated t hat strategic and operational panning are essential in succeeding within the coffee industry. Organizing as a management function is that aspect which entails the development of the right structures needed to meet the objectives created in the planning phase. An effective management team ought to design jobs in a manner that provides the right amount of autonomy and enrichment (Carpenter et. al., 2009). Additionally, the way departments and levels at the organization are arranged should be in order to get the most out of the company’s resources. Starbucks has a range of baristas, store managers and administrators. Most of them have job positions that are well cut out and understood by the members. However, the organization strives to make baristas jobs more enjoyable by empowering workers with knowledge needed to