GAP ANALYSIS: RIORDAN

Businesses face various challenges when conducting business with overseas countries. Businesses must be aware of the different rules and regulations in the international environment. Today much firms than ever are earning some of their revenue from international operations. Riordan Manu concomitanturing is a global plastics producer employing 550 people with projected annual sugar of $46 million. The company is wholly owned by Riordan Industries, a Fortune 1000 enterprise with revenues in excess of $1 billion (Apollo Group). Riordan has a production instalment in Hangzhou, chinaware that has prospered in the past year and CEO Michael Riordan is looking for opportunities to pant out the facility (Scenario). In the process of expanding the facility in China, Riordan is face with many challenges and roll in the hays. This paper pass on focus on the issues Riordan faces and the achievable opportunities to overcome the issues. The stakeholders of Riordan will be identified and discussed along with the great deal of the company. Situation AnalysisIssue and opportunity IdentificationOne of the largest issues facing Riordan is the lack of Chinese skilled workers because of the competition in the province. Since there are no Chinese workers available, the company must look at other cultures in the province. Pakistanis, Indians, and Koreans are the foreign labor available for the facility.

The new cultures raises the repair of cross-cultural issues advent to bear that could affect the production and delivery schedules for the new facility (Scenario). With the different cultures in pla ce, this could affect the advocate distance! of all(prenominal) country. ?Countries in which people blindly practise the stages of their superiors have blue power? (Hodgetts, Luthans & Doh, 2005). A nonher issue facing Riordan is the fact that the culture diversity is not strong. The executives of Riordan did not formulate and pronounce cross-cultural decisions that will enable the formation to achieve the... If you indispensableness to get a full essay, order it on our website: BestEssayCheap.com

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