Do you think “green practices” should be voluntary or mandatory for businesses? Explain your answer. (MBA paper)

Do you think “green practices” should be voluntary or mandatory for businesses? Explain your answer. Green practices falls under the category of corporate social responsibility (CSR).  CSR refers to “consideration of, and response to, issues beyond the narrow economic, technical, and legal requirements of the firm to accomplish social  benefits along with the traditional economic gains which…

Should all industries adopt a global standardization strategy?

As we saw with the initial disaster of poor planning (lost $92.3 million in 2010 and underestimated local responsiveness) with Disneyland in Hong Kong, appropriately blending global and local flavors is vital for success internationally (Peng 2014, 396).  Billions of dollars are at stake and too many companies have paid a high price for not…

My Ideas on how the Southern Baptist Convention can survive

I have been a Southern Baptist (SBC) my whole life, all 41 years. Born and raised in a Southern Baptist church (baptized at age 7). I attended a Southern Baptist university for 4 years (BS degree), attended a Southern Baptist seminary 4 years (MDiv degree), full-time pastored Southern Baptist churches for 5 years, and bivocational…

Just In Time manufacturing from Japan (my MBA paper)

As a production strategy, Just in time (JIT) strives to improve a business’ return on investment by reducing in-process inventory and associated carrying costs.  Originating in Japan in the 1950s, JIT is a type of operations management approach.  By adopting JIT as an approach, Toyota and other Japanese manufacturing firms found excellent results and ended…

Do you support antidumping restrictions?

Do you support antidumping restrictions? Why or why not? Give examples to explain your stance. (Paper I wrote for my Global Business MBA course) Peng defines dumping as analogous in spirit to predatory pricing.  He defines dumping as, “an exporter selling below cost abroad and planning to raise prices after eliminating local rivals” (Peng 2014, 345).  Due…

Reputation Management and Shark’s fin soup

INTRODUCTION In China, few dishes are more consistent a staple dish of the wealthy than shark’s fin soup.  It has been very popular since the Ming Dynasty era (1368-1644) and continues today (Li and Weil, 2013).  For a brief time, shark’s fin soup was not popular after the 1949 Communist revolution, but later regained it’s…