BMGT 364 BMGT364 BMGT/364 Exercise 1

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BMGT 364 BMGT364 BMGT/364 Exercise 1

Exercise 1 Abbigail Garcia BMGT 364 Dr. Jeremy Byrd, Summer 2019 May 31, 2019  80.22%

Intro
Great Start Nutrition is looking to expand into unchartered territory, the Infant Formula sector. Introducing new products means expanding and integrating new departments.
Although they would be a little late to the game, they are able to take the failures of other companies and turn it into successes and decrease the risk of decisions made. (Adapting and Innovating, N.D.)
Great Start Nutrition is exploring a couple locations for new manufacturing, sales and distribution facilities. Those locations are China, a world leader in innovative technology, and Malaysia

Description

BMGT 364 BMGT364 BMGT/364 Exercise 1

Exercise 1 Abbigail Garcia BMGT 364 Dr. Jeremy Byrd, Summer 2019 May 31, 2019  80.22%

Intro
Great Start Nutrition is looking to expand into unchartered territory, the Infant Formula sector. Introducing new products means expanding and integrating new departments.
Although they would be a little late to the game, they are able to take the failures of other companies and turn it into successes and decrease the risk of decisions made. (Adapting and Innovating, N.D.)
Great Start Nutrition is exploring a couple locations for new manufacturing, sales and distribution facilities. Those locations are China, a world leader in innovative technology, and Malaysia, is leading the way in investing in greener technology.
Location Choices
China
China is known for its highly polluted environment and the risk of bacteria and other agents infecting its livestock and contaminating the country’s food sources.
The food inspection process is infamous for corruption resulting in Chinese citizens having little to no confidence in the quality of the food they are offered to consume. (Ryan, Abbey, 2018)
In 1987 the United States signed a treaty with China stating that the tax rate would be between 15% to 25%. Investing in water conservation, environmental protection and work safety will receive additional incentives. (China, 2017)
China is in the top 20 most innovative country due to its high trade opportunities and investments into the global economy. (Weller, C., & Weller, C., 2017) In keeping with Robert Reichs observations, today’s market leaders are there because of speed of innovation and the ability to attract customers.
(Adapting and Innovating, N.D.) When a country like China adapts the use of social innovation, it suggests an overwhelming understanding that

BMGT 364 BMGT364 BMGT/364 Exercise 1

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