The case study 1-1 lincon Electric Essay Example | Topics and Well Written Essays - 3000 words

The cheek study 1-1 lincon electric - act Example33) Use module theory and evidence from the firms past take in to seek the advantages and disadvantages of these entry modes. Which would you recommend for use in Lincolns entry to India, and why........................................................................................................................7 How far and in what ways have Lincoln Electric developed dynamic capabilities through learning form experience in Japan, South Korea and China? Apply your analysis to explain what changes the firm will need to bind to its resource management strategy in order to succeed in India........12 Appendix 1- Bibliography...16 Section A Identify and appraise the key strategic issues confronting John Stropki as he leads the expansion of Lincoln Electrics international Business in 2006. ... John Stropki, the Chairman, Chief Executive Officer and the President of the friendship, has vie a key role in expanding the companys busine ss glob eithery, and now he is cooking to expand the operation in India in 2006, after covering the markets in North America, Latin America, europium and Asia Pacific. The company has expanded its operation world-wide through joint ventures, acquisitions and establishing its own plants through out the humankind as a major part of its strategy. In its present strategy the company has set a range of financial goals which are not likely to be satisfied only by its trading operations in the home market of United States. The companys revenue are still derived in the main form North America where as the market of welding industry is growing fast all over the globe. Companys latest goals include double sales growth as compared to the worldwide industrial production, operational margins of over 15% earnings growth of 10% annually, and return on impartiality of more than 20%. In order to achieve these goals the company had spent approximately two thirds of its vacate cash flow on glo bal expansion. Now the CEO/Chairman and also the President of the company is focusing on its experience in China and how he can use it so that the same(p) mistakes are not repeated. According to Kendizor, there are a certain kinds of factors that a company should mean when its set on the course of expanding its operations globally. Business Risk The Business risk is advanced as the stability of the business overall structure depends on how the results would turn up. We have seen in the case of Lincoln Electric in the year 1999, that whenever it entered a global market unprepared it has suffered huge losses, not only internationally but locally as well. Financial Risk Though