International Business (Embraer Corporation) Essay

International Business (Embraer Corporation) - Essay Example The internationalization strategies that the companies resort to, often involve numerous factors. In the light of this fact, it should be stated that most governments are interested in attracting the financial resources of the Multinational Corporations. Therefore, while some companies develop their product, extend markets, increase the amount of workers, the others win governmental tenders, invest, and look for partners. Another aspect of the trade globalization strategy is closely linked with the opportunity to create employments all over the world. While the governments get an opportunity to reduce unemployment rates, the MNCs enjoy lower labour costs. The aim of the research is to analyze the globalization and expansion strategy of the EMBRAER (EMBRAER - Empresa Brasileira de Aeronautica S.A.). Since it is one of the largest aeronautical and aerospace conglomerates, it should be highlighted that the Brazilian globalization experience may be regarded as a universal path to success for other corporations with headquarters located in the developing countries. Company Overview. The company was founded in 1969 as a government owned corporation. It was engaged in developing and building aircrafts, including commercial and military machines. The globalization process of the EMBRAER Corporation started in 1994 when the company was privatized. The manufacturing capacities are concentrated in Brazil, and by 2010 the company had occupied the third place among the largest commercial aircraft suppliers (jointly with the Canadian Bombardier), while the first two places righteously belong to Boeing and Airbus. The total number of employees exceeds 17 000, and the expected net income in 2012 approaches to $ 350 million. Business units of the corporation are located in Brazil, USA, China, France, Portugal, and Singapore. In general, the internationalization of the aircraft business became the key driver of the expansion processes in EMBRAER. (King, 2006) In accordance with the official data, given on the website (Embraer Profile, 2012), the growth in 2000s was mainly stipulated by the increased demand for the ERJ aircrafts family. Considering the fact that the world demanded high flight safety after September 11, 2001, the company succeeded to adapt to the changed requirements of the aircraft building industry. The expansion strategy of the EMBRAER Corporation is mainly associated with the opportunity to invest into the aircraft and air transportation industries. Therefore, as it is stated in Kronemer (2006), American Airlines operates up to 200 ERJ jets. Regardless of the fact that AMR owns these aircrafts through the American Eagle Company, the EMBRAER had an opportunity to provision up to R$583.2 million. In the light of this fact, it should be stated that the described decision could influence the secondary market for medium sized jets, and the company performed essential restructuring the financial management oriented at international markets. Jo hnson and Turner (2003) emphasize that such a restructuring was needed for covering potential expenses, and getting financial guarantees linked with the ERJ 145 jets supplies. The next step was linked with the investments into the customer support network. Executive aviation is regarded as the sphere with the highest priority. On the other hand, the commercial aviation investments were

Transmittal of Project Report on Flextime Strategy Research Paper

Transmittal of Project Report on Flextime Strategy - Research Paper Example Solutions and its impacts on both the employers and employees of the company. Various factors included in this research study were about the different types of flextime policies implemented by some of the well reputed business firms in the world and its impact on the organization. Primary research was also performed through questionnaires designed to survey the employees of Health Tech. Solutions. Based on the findings and analysis of the research study, it is recommended that Health Tech. Solutions should consider implementing a flextime policy for its employees that includes 4-day work week with 4 out of 10 working hours every day available as flexible time according to the choice of the employees. Please feel free to contact me if you have any questions associated with the project report or if you need any kind of additional information. I will try to assist you in every way possible. Enc. Project Report TABLE OF CONTENTS LIST OF ILLUSTRATIONS 5 EXECUTIVE SUMMARY 6 OVERVIEW 7 TYPE S OF FLEXTIME 9 IMPACT ON EMPLOYER 11 Advantages 11 Disadvantages 12 IMPACT ON EMPLOYEE 12 Advantages 13 Disadvantages 13 FINDINGS AND ANALYSIS 14 Secondary Research and Analysis 15 Primary Research and Analysis 17 LIMITATIONS OF THE STUDY 20 CONCLUSION 21 RECOMMENDATIONS 22 REFERENCES 22 LIST OF ILLUSTRATIONS Table – 1: Preference for 4-day or 5-day work week 19 Table – 2: Preference of 8-hour days as working hours 20 Table – 3: Preference of 10-hour days as working hours 20 Figure – 1: Employees favoring work from home 19 EXECUTIVE SUMMARY Flextime strategies have received a renewed attention in many of the companies all around the world. Health tech. Solutions is also thinking of implementing a flextime strategy in their company as suggested by many of the employees in the company. This research study deals with the problem statement about the various merits and demerits of a flextime strategy being implemented by an organization and its various impact s on both the employees and employers of an organization. Both secondary and primary research methods have been employed in order to conduct this study successfully. The different types of flextime strategies followed by five of the well reputed companies have been included in this study. Those companies include Pricewaterhouse Coopers, KPMG, Sun Microsystems, etc. Primary research has also been performed which included a questionnaire survey of the employees of Health Tech. Based on the research it has been found that the flextime strategies adopted by most of the companies have proved to be very much advantageous for them. It has resulted in increased performance of the employees and reduction of the employee turnover rates. The information collected from the questionnaire survey suggested that employees had greater interest in having flexible working hours in their work schedule. Hence it is recommended that a flextime strategy should be implemented in Health Tech. Solutions. The flextime policy should include four days 10-hours day per week work schedule and would include 4 hours as flexible working hours for the employees. It is suggested that implementation of flextime strategy in Health Tech. Solutions would prove advantageous for the company since the performance level of the employees would increase and the company would be able to save significant amount of turnover costs. OVERVIEW The concept of flexible timing in work