Financial Information Use
January 19, 2021
Police Officers Discretion
January 19, 2021

Strategic Management Process

Modern manufacturing and service businesses have seen enormous competitive pressure over the last 20 years to move high labor content processes to LCCs (Low-Cost Countries). Managers that have been forced to reduce spending (at all cost) frequently find themselves developing detailed strategic plans to eliminate domestic jobs and move manufacturing and/or service related operations to places like China, India, and Eastern Europe.

Provide an example from your experience (preferably) or from researching the topic, of a major corporate strategy that involved moving domestic operations off-shore. Describe what worked and didn’t work in this move. How did this effect the company’s stated mission, vision and values? Based on the outcome of this move, explain whether or not you think the company did an effective job with their environmental scan and why.

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