Saturday, May 18, 2019

Vizio Case

Management Focus on Vizio Quest no 7 Reread the Management Focus on Vizio and answer the following questions a. Why is the manufacturing of flat embellish TVs migrating to different locations around the world? Vizio TV get their decorate from South Korea, electronic components from China, and processors from the United States, and it is come together in Mexico. Vizios managers search for the cheapest manufacturers of flat panel displays and these electronic components.Vizio TV move to the developing countries to making their products because the workers salaries ar lower than the United States, so they can snub the equal of the products. A nonher reason of migrating to different locations is the decreasing trade and investment barriers between countries. b. Who benefits from the globalization of the flat panel display industry? Who are the losers? Vizio Company takes benefits from globalization of the flat panel display industry because they reduce the labor equals and then als o increase their profit.The labors in foreign countries also benefit because they are hired with a higher salary by the company. Consumers also benefit from it because they can purchase the TV in a lower price as compare with other brands prices. Some people could not get any benefits because when the company moves to another countrified, they have to lose jobs. The manufacturing products environment in the foreign country may be effected or harmful due to the pollutant release to the environment and it affects the people who get laid around. d. What does the example of Vizio tell you about the future of production in an increasingly integrated global preservation?What does it tell you about the strategies that enterprises must adopt to thrive in highly competitive global markets? In the future, more and more companies will choose the globalization in production which is applied to their business, the manufacturers to reduce the cost and increase the competitive advantages in the market. When every manufacturer follows this strategy, the unfair in competition will remove. For example, Sonyand Hitachi virtually their plants in U. S but make T. V in Mexico and Asia plants and sell their products in U. S to compete with Vizio Company.

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