Strategic managemt internation expansion strategy Essay

Strategic managemt internation expansion strategy - Essay Example Dell Computer is headquartered in Round Rock, Texas, in the United States. The company manufactures computer components and provides service and support to individuals, businesses, educational and government organizations around the world. Dell computer has been in business for a relatively short period of time (since May of 1984) but has realized a global presence that accounts for 44% of its total revenue for the first (fiscal) quarter of 2007. (Dell, 2006) Dell's global presence includes operations in Europe, Asia, and the Americas. The computer company has used its unique business model (direct model) to enter and compete in the global marketplace. Success for this company has been hard earned as Dell has had to adjust its model to accommodate market conditions in global markets it has entered. What has made Dell so successful is its focus on its direct model of customer service. According to Dell, Inc. "Dell listens to customers and delivers innovative technology and services th ey trust and value. Uniquely enabled by its direct business model, Dell sells more systems globally than any computer company, placing it No. 25 on the Fortune 500. Company revenue for the past four quarters was $56.7 billion." (Dell Inc, 2006) Dell computer anticipates making changes to its business model in response to market indicators in foreign markets that may indicate that Dells' international strategies may not be working as well as anticipated. Each market, and Dell's performance in that market, will be critically analyzed. Dell plans to focus on three areas of concern to beef up its approach to market conditions. These three areas are: customer service, product leadership, and productivity and cost improvements. Dell's focus will be on "providing the broadest and highest quality product line in history" (Dell, 2007) 2. Core Competencies Dell's core competencies consist of a business model unique in the information technology industry. They use a customer direct model with a twelve day inventory on hand vs. the industry standard of 30 to 45 days of stock on hand. Dell puts great emphasis on lessons learned so as to not repeat mistakes made in the past. Dell claims its focus on its direct model and its virtually integrated organization as keys to its local and global successes. Dell has brought "customers and suppliers inside the business though the capabilities of evolving internet technology. The fundamental results were speed, efficiency, direct customer service, responsiveness to customer wishes, and a soaring stock price" (Finney, 2002). Michael Dell's core philosophies have become Dell's core philosophies. Some of these philosophies include (Finney, 2002): - Hiring Ahead of the Curve - Segmenting the CEO - Building a Company of Owners - Staying Allergic to Hierarchy - Mobilizing People Around a Singe Business Goal - Developing Products from the Customer's Viewpoint - Targeting a Customer of One - Adding Value "Beyond the Box" - Aligning Complementary Strengths for Success - Flipping the Demand/Supply Equation - Playing Judo with the Competition Dell's core compe

Multinational Enterprises Essay Example | Topics and Well Written Essays - 1250 words

Multinational Enterprises - Essay Example "Culture has a variety of embedded layers. National culture represents only the outermost layer with organizational culture, work culture, regional culture, familial culture, and so on constituting the inner layers." Brannen, M.Y. & Salk, J.E. (1999:34) cited in Beecher & Bird. However, there are much larger issues at stake. The Economic and Social Council of the United Nations requested as early as 1972 that a group of eminent persons be set up to study the role of multinationals and their impact on development especially in developing countries, and their implications for international relations and where necessary for Governments to have access to the information in order to facilitate their sovereign decisions and maybe even international action: Anti-globalisation voices argue that Multinational Enterprises (MNEs) are not concerned with development. MNEs tend to accentuate disparities and inequalities in the absence of proper government policies and social. Further, as their products and services target high net worth individuals, their activities are not sustainable and convey limited benefits to the majority of the indigenous population: "They affect patterns of consumption and the direction of innovation; they orient technological change and investment; and they own or produce most of the basic commodities used in industry and commerce; intentionally or unintentionally, they can affect political processes of both home and host countries" - United Nations (1974:29, 30). Whilst lauding companies like Co-op and Iceland for breaking ranks and working in collaboration with Non Governmental Organisations (NGOs) to put resources into building social enterprises, Roddick (2001) argues that their efforts are still inadequate: "Because the most powerful bodies in the world, the World Trade Organisation, the World Bank and the International Monetary Fund are also the least democratic and inclusive. The result has been a major democratic deficit that threatens the delicate consent that globalization has been able to operate under, and also - as it happens - threatens what progress the NGOs have been able to make." Roddick (2001:14) In contrast, Rugman (2000:5) defines a multinational enterprise as: "a firm with production and/or distribution facilities in two or more countries." He denies the concept of a single global market and posits that the majority of business activity takes place in regional blocks, particularly Japan, North America and the European Union. Rugman gives critics of MNEs short shrift. For example, in reply to a claim that MNEs wield political power, he retorts: "These enterprises are preoccupied with survival, profitability and growth and, in general, are far too busy to deal in any meaningful way with the social, cultural, and related non-economic areas of government activity." (Rugman 2000:6) He goes on to demolish critics of the World Trade O

US aiding other countries Essay Example | Topics and Well Written Essays - 1250 words

US aiding other countries - Essay Example Before we begin to discuss the negative consequences of aid, it is important to examine some of the good aspects, in order to dismiss them in the larger scheme of things. First, there are many current instances where the US has gone far in providing relief to the suffering countries. The US military worked harder than that of any other nation in aiding Pakistan to combat the flood disaster which the country has faced recently (Ignatius). An amount of almost $362 million has been spent by the helping nation which has saved over 20,000 flood victims in Pakistan (Ignatius). Indeed, our current president is a big supporter of this style of friendly aid. These are all positive aspects of American foreign policy and are heartwarming. It often goes to help people who are truly in need. This is the good side of aid which everyone supports. But this is far from representing the true aspect of aid which we must face if we are fully understand how negative aid can be on a developing country. In deed, this positive aspect is a kind of mask which aid wears in order to hide its negative side. The truth is that much foreign aid is wasted. The best examples of this can be found in Africa. Africa is certainly one of the world’s wealthiest continents. It has large amounts of oil, timber, and precious metals. Its people are very intelligent and hardworking. Countries such as the Democratic Republic of Congo, Sudan, and Nigeria have so many resources that it is logical for them to have powerful, vibrant economies. Really, these countries should be the richest in the world. However, this is not the case. All three of these countries have problems with corruption. And their situation is not unique: many African countries rate very high on Transparency International’s list of the world’s most corrupt countries. This is a sad but true fact. Many experts agree that corruption is holding Africa back. But where does corruption come from and

The Commodity Exchange Act Essay Example | Topics and Well Written Essays - 5000 words

The Commodity Exchange Act - Essay Example Any commodity contract offered or sold shall, in the absence of evidence to the contrary, be presumed to be offered or sold for speculation or investment purposes. A commodity contract shall not include any contract or agreement which requires, and under which the purchaser receives, within 28 calendar days from the payment in good funds of any portion of the purchase price, physical delivery of the total amount of each commodity to be purchased under the contract or agreement.[1985,c.643(new).]" (Title 32: Professions and Occupations, Ch.111-A: Maine Commodity Code (Heading: PL 1987, c.402, Pt.A.@174 (rpr)) http://janus.state.me.us)2 The 106th Congress, 2nd Session H.R.5660 was held to reauthorize and amend the CEA to promote legal certainty, enhance competition, and to reduce the systemic risks prevailing in the markets for futures and the so-called over-the-counter derivatives, and others. This bill was called "The Commodity Futures Modernization Act of 2000" The Act was to: 1. Reauthorize the appropriation for the Commodity Futures Trading Commission 2. Streamline and eliminate unnecessary regulation for the commodity futures exchanges and other entities regulated under the Commodity Exchange Act 3. Transform the role of the Commodity Futures Trading Commission to oversight of the futures markets 4. Provide a statutory and regulatory frame-work for allowing the trading of futures on securities 5. Clarify the jurisdiction of the Commodity Futures Trading Commission over certain retail foreign exchange transactions and bucket shops that may not be otherwise regulated 6. Promote innovation for futures and derivatives and to reduce systemic risk by enhancing legal certainty in the markets for certain futures and derivatives transactions 7. Reduce systemic risk and provide greater stability to markets during times of market disorder by allowing the clearing of transactions in over-the-counter derivatives through appropriately regulated clearing organizations, and 8. Enhance the competitive position of United States financial institutions and financial markets. (106th Session of Congress, H.R. 5660, Dec.14th 2000, www.cftc.gov)3 3.0 Who's who Commodity trading advisor Except as otherwise provided in this paragraph, the term "commodity trading advisor" means any person who: 1. for compensation or profit, engages in the business of advising others, either directly or through publications, writings, or electronic media, as to the value of or the advisability of trading in: (i) Any contract of sale of a commodity for future delivery made or to be made on or

Three basic concepts Research Paper Example | Topics and Well Written Essays - 750 words

Three basic concepts - Research Paper Example Here comes the option of outsourcing either the whole manufacturing unit or certain major business activities while would help BlueJay in increasing its output. Now in this context there are two things that need to be considered; first, what portions of the manufacturing unit should be outsourced, and second is the amount of capital investment that BlueJay has to make for this new outsourcing plan. This study aim at discussing the basic concepts of the cost of ownership understanding single or multiple options of outsourcing business operational activities of the company. A relationship between cost estimation and financial statements would be explained to validate the basic concepts. For understanding the nuances of the supply chain management in the company, cost of ownership plays an important role. The different elements associated with the cost of ownership involve purchasing price, salvage value or resale value and other expenses which lead to acquisition, disposal and conversi on. These further includes the cost associated with purchase of orders, delivery charges, search costs, handling and storage cost, maintenance cost, repair, etc, and disposal. Cost of ownership when incorporated for analysis of the financial benefit presents cost base for the determination of the economic value of investments. For example internal rate of return, return on investment. The cost of ownership analysis includes operating cost and total cost for acquisition. It is also used to measure the viability of the capital investment. Enterprise may utilize it to as a comparison tool (Zachariassen, & Arlbjorn, 2009, p. 5-8). The three concepts which closely align the cost of ownership are the life-cycle costing, zero based costing and cost-based evaluation of supplier’s performance. All of these concepts are developed to monitor the performance of the suppliers based on the expectations of the firm. The objective is to focus more on the maintenance of long-term relationship with the suppliers, but at the same time calculate the cost associated with supply chain management and manufacturing. In this case the outsourcing cost can be estimated. In order to calculate the cost of ownership BlueJay has to follow an eight step process: a) Analyze the present scenario of the company, b) Map the activities and the processes in the company, c) Identification of the cost drivers, d) Collect the data on activity usage, e) Identification of the potential solution/solutions, f) Estimation of the cost drivers associated with the improvements, g) Calculation of the cost of ownership for different scenarios (before and after), and f) Presenting the results (Woodside, Gibbert, & Golfetto, 2008, p. 207-209). Cost estimates are nothing but approximation of the project cost, which is important for avoiding the problems associated with cost overrun. In case of BlueJay the manufacturing cost would have to be estimated, which can be segregated into three categories; manufact uring overhead, labor cost, and direct material costs. The cost estimates are utilized to conduct a cost-volume-profit analysis to project a revenue figure of the company with respect to its volume of production and the cost incurred by the company for it. Another reason for evaluating the cost-volume profit is to identify the breakeven point of the company’s revenue generation. The estimation of the cost of the manufacturing unit is documented in the cost sheet of a company, which in turn is

Training Assessment Essay Example for Free

Training Assessment Essay Any business needs an amount of risk and determination to succeed. Business and companies exist within society and society prescribe behavior norm as to what is expected from this financial group. (Reynolds) Creating a balance between financial, environmental and societal growth is a difficult task but is very critical if one company would like to make sure that they are to stay for a long time in the market. Productivity within a team needs to be established for this is critical regarding the success of a company. Work related goals must be set and let the employees be aware of these and how it could be achieved. A company lay down factors or guidelines for their services and manpower in order for them to gauge if they met their goals or if there is a problem within and how to address it. There are factors that need to be considered when one company tries to check if its service and manpower are able to meet the goals and objective set. Each level of manpower has their own criteria in evaluating their work. Performance evaluation could not be an all uniform assessment because of the difference in workload and capacities of each profession. The criteria may be different but there could be similarity in the values that are being asked for any profession, it will just vary on the intensity that is being asked for each value used as a criterion. All results have their corresponding actions or appraisal depending on their needs as dictated by the result. Rewards and punishments play an important role in determining how an employee does his job. Management should let their team mates know about the rewards that they could get depending on their performances; this could motivate them to work harder and improve. Punishments and discipline should be effective. One way of making sure that this is effective is being fair in giving punishments to those who have faults, no favoritism in the part of the supervisor. This would make them feel that they are working in as a team and that they are responsible for their action and their teammates as well. An employee must be reinforced in doing the right thing at the right time. Management must determine on why there is that specific team and their role in the company must be made aware as for them to know how they would properly function. There are a lot of things that needs to be taught to ensure that productivity is being met by the team. Some of them are stages of team development storming, forming, norming, performing; team roles team leader, scribe, and process observer. Consensus decision making is a critical skill that one needs to develop. (Howardell, 2004) Employees’ benefits, like health benefits, should be given on time and in accordance with the law to make them feel that they are being taken cared of and that they are important beings for the company and not treated as just mere workers. It must be understood that everyone has a life outside of the business or company. It would help if employees could be felt that we superiors are aware of it and that are more than willing to do something about creating a balance between work and private life. It must be understood that everyone has a life outside of the business or company. It would help if employees could be felt that superiors are aware of it and that are more than willing to do something about creating a balance between work and private life. Communication is a two way process. A good supervisor must be an active listener and should encourage feedback. He should be able to identify what are communication barriers and what is the common cause of misunderstanding within their system. He must also know when to use effectively oral or written communications. Winnet gave four vital steps in effective communication, in order to create a harmonious relationship between the boss and the worker. The four steps that he discusses were Attention, Apprehension, Assimilation and Action. If we would like that our message would reach the receiver, we have to make sure that we have the other person’s full attention as possible as it could be. Distractions must be avoided and genuine respect should be shown so that each will understand the other. Winnet paralleled apprehension with understanding. He suggested that there must be a free flow of input from the receiver to ensure that the right level of understanding is achieved. Merely understanding the message is not enough, this is where Assimilation plays a crucial function. It must be ensured that the information was assimilated in the own being of the receiver. It was also stipulated that this could go a long way to be definite about active participation, and harmonious cooperation, in the workplace. (Winnet) The final step for an effective communication according to Winnet, is Action. It is not enough that he message was conveyed, supervisors has to make sure that something was done by the receiver as to what message was conveyed. Body language plays an important role in how we communicate for success. We have to be careful on how we convey messages; we might be saying something that our movements are not backing up. If one would like his peers to believe him and respect him, a leader must have consistency in his dealings and use non verbal cues to maintain his stature and validity of the messages that he gives. Assessing one program’s effectiveness is crucial to its success. Reference: Howardell, Doug. (2004). Seven Skills of a Highly Productive Workforce. ACA Group. September 16, 2006. http://www.theacagroup.com/improveproductivity.htm Reynolds, Andrew. (2006). Process, power, culture and ethics. Lecture notes acquired June 03,   Ã‚  Ã‚  Ã‚  Ã‚   2006. Understand the Business Communication Process. September 16, 2006. http://www.isi elearning.com/content/content_display.cfm/datakey/3/seqnumber_content/70.htm Winnet, Azriel. Communicating Effectively in the Workplace: Four Essential Steps. September 16, 2006. http://hodu.com/business-communication.shtml

HM: Supply Chain and Outsourcing

HM: Supply Chain and Outsourcing A multinational corporation is a term referring to an organization that conducts business operations out of countries other than the home nation. As economic globalization becomes an increasing movement in modern society, it is not abnormal to see a greater frequency of these types of corporations conducting their business with a variety of countries. More specifically, over time, nations of the Global South have experienced a dramatic increase in corporate appeal from the garment producing industry. It is no surprise then, that with cheap labor, access to raw materials and a promise of rapid development, countries in this region have seen a rise in the demand of foreign establishments vying to carry out production here. As a Hennes and Mauritz (HM) employee of three years, I have come to be familiar with their foreign affairs in the Global South, particularly in Bangladesh. Bangladesh is the main region in which HM outsources the production of their merchandise before shipping the majority of these goods to the Western world. It is not uncommon for the company to take many opportunities each year to educate and update their employees of their interactions with Bangladesh. Being presented with one-sided information concerning these interactions, I was made to believe that HMs presence in this country is beneficial for the development of the nation on a global scale. Such things as training programs in the operation of sewing machines with the guarantee of employment at HM are features I understood to be aiding the country in economic sustainability. However, after study on the topic of the effects of globalization and multinational corporations in developing countries, I recognize that there are argu ments claiming global outsourcing in the Global South is a barrier to the possibility of progress in these nations. Through critical analysis of arguments supporting and against HM in Bangladesh, it is evident that the existence of this company in a developing nation does affect the growth of the country. Despite the fact that HM may abide by the labor and environmental policies of Bangladesh, their presence in the country as a foreign transnational corporation hinders the likelihood of economic or political growth and negatively impacts the nations steps towards development. Founded in 1947, Hennes and Mauritz (HM), is a clothing company that originated in Sweden. Today HM operates out of 38 countries, backed with 87,000 employees (HM 2011: ). Alongside having stores across the globe, HM has special relationships with certain countries in which it outsources the majority of its merchandise. One of the essential countries in which HM relies on for the outsourcing of their merchandise is Bangladesh. Bangladesh, considered being one of the Least Developed countries (LDC), has been tremendously influenced by globalization, particularly the restrictions in the apparel industry over the last decades (Uddin 2006: 7). Bangladesh achieved freedom as an independent country in 1971, and after undergoing trade liberalizations in the 1990s, Bangladesh made the switch from an agriculturally dominant economy to that of a market led one (Uddin 2006: 7). When multinational corporations such as HM learn that a country is newly liberalized, it is common for them to step in and offer the country their business, along with reasons why their business will guarantee this country fast development. For Bangladesh, the quotas acted as a guarantee for certain quantities of export sales, helping to establish market presence (Uddin 2006: 7). The concern attached to these types of export sales for Bangladesh, is that the business HM is outsourcing is the most basic among all the aspects that make up this company. HM sources their manual labor to Bangladesh so as to keep new business issues in the mother country. By sourcing non-core business activities a company can focus on its core business in a better way (Alim 2010: 30). By HM outsourcing its production tasks to Bangladesh, Sweden is sending its no-brainer business to a developing country. The business sector in Bangladesh is less likely to achieve development through HMs outsourcing habits because these second hand projects focus on manual labor. Being that the majority of its market based economy deals with manual labor, Bangladesh is deprived of working with new technology which is the norm for capitalist countries. Therefore development in Bangladesh cannot be attained, as the nature of the work force is not advancing. The emergence of American, European, Japanese and Third World multinationals has created a new competitive environment, requiring the globalization or at least semi-globalization of corporate strategy (Alim 2010: 24). HM is among the worlds leading multinational garment retailers, they promise their customers fashion and quality at the best price (HM 2011: ). In order to remain in a position of competitive advantage, some would say corporations of this nature have to maintain a certain reputation concerning all the aspects of business they conduct. In modern society, methods of sustainable production are being favored as the general public is aware of certain on goings in the production of goods such as child labor, and the exploitation of human rights and environmental laws. Companies of this nature than need to take certain precautions to ensure that their business is being conducted in a manner that follows regulations of the outsourcing country, and in a manner that will result i n a satisfied consumer. It is fair to say that the consumer has a significant influence on the way HM conducts their business. Now that awareness regarding the environment is important on a global scale, many consumers first verify that a sustainable company is manufacturing the merchandise they are purchasing. For example, HM has taken initiative in ensuring that the cotton they use in their products is increasingly organic à ¢Ã¢â€š ¬Ã‚ ¦cotton is the raw material we use the most. Although we do not source any raw materials, directly, we are committed to actively contributing to reduce their impacts (HM 2009: 33). This is extremely popular for HM, who stresses the importance of their products being made in an eco friendly environment. Often times, transnational corporations view outsourcing as a win-win situation (in terms of maintaining a good reputation among customers) as they take their production over seas to developing countries that offer cheap production costs, alongside lenient labor and environm ental laws. A unique fact when analyzing the outsourcing habits of HM in Bangladesh is that they do not own any of the factories in which production of HM merchandise takes place. Instead, roughly 700 independent suppliers deliver their products (Alim 2010: 62). This allows HM to maintain a clean reputation amongst other multinational corporations to its customers in terms of abiding by environmental policies and human rights laws. Due to their large purchasing volumes: HM is the second largest buyer in Bangladesh as a single buyer (Alim 2010: 65), HM plays a large role in the economy of Bangladesh. Seeing as the business they bring to the country is mainly exporting primary material, the country needs to produce these goods in volume for cheap. This can lead to neglect of human rights, The claims surfaced as in Bangladesh, violent protests by tens of thousands of garment workers demanding higher pay forced the closure on Tuesday of 700 factories that supply the top names in Western retail, incl uding HM (Fashion Giant HM evades Taxes in Bangladesh: ). Being that HM does not own the factories in which this neglect takes place, they often claim to encourage management of factories to abide by human rights laws. Although, it is hard for one to tell for certain if this is the case. In an industry where the demand for these products continues to rise, it is very difficult for Bangladesh to break a cycle of human rights abuse in order to meet a quota. A history of exploitation of human rights due to the demand by foreign corporate parts in the country is a factor contributing to the lack of development or potential for development in Bangladesh. There are 2 million individuals that make up the workforce of the garment industry of Bangladesh; of this figure, 70% are women (Wulff 2008: 1). HM takes time to inform their employees of employment opportunities they provide for those in developing countries. They are particularly proud of the work-training program implemented for those who show interest in making clothes in Bangladesh. HM trains prospective factory employees in operating sewing machines with the promise of guaranteed work after successful completion of the program. Though there are obvious benefits to the idea of providing jobs for people of Bangladesh (especially women), the work-training program HM has put into practice has long-term negative effects on the development of the country. An evident gain of the program being that women are provided an opportunity to work and help support their families, has the negative side effect of women continuing to be perceived as a domestic figure sewing clothes while men man age the factories. Aside from a gender bias that will be hard to break as the popularity of this program grows, there is also the issue of young adults not continuing in a higher education. A direct correlation can be seen with respect to the number of people working in a factory, and the number of people in that factory who have received a higher degree of education. Of the amount of individuals producing clothes in a given factory in Bangladesh, the majority has achieved no more than a high school diploma (Uddin 2006: 72). With less of the population attaining a hire education, difficulty in developing an interdependent economy arises due to the dependence on entry-level positions created by HMs work-training program. One of the reasons why outsourcing in Bangladesh is extremely popular for HM, a company that stresses the importance of their clothes being made in an eco friendly environment, is a result of the leniency of labor and environmental laws. Important for consumers to be reminded, is that policies protecting the environment in the Western world are generally much more strict than those protecting the environment in the Global South. Multinational corporations are often the reason why environmental laws in developing countries are so lenient. Governments and authorities in these countries generally feel pressured to comply with the influences of the business needs of transnational corporations. According to the BGMEA (Bangladesh Garment Manufacturers and Exporters Association) officials, the social responsibility initiatives of BGMEA directly responded to the concerns of multinational buying companies the group they believed constituted the most powerful stakeholder group. The BGMEA exec utives made specific reference to the expectations of, and pressures exerted by, buying companies such as Nike and HMà ¢Ã¢â€š ¬Ã‚ ¦ (Azizul 2009: 108). These pressures felt display a direct relationship with the development of a country. When the government which is supposedly the highest authority in a given region, is pressured to act a certain way by a foreign investor, the country ceases to develop in an independent manner, as there is a dependence on the business this investor provides. The extent of Bangladeshs dependence on multinational clothing companies such as HM is seen in the fact that around 4,500 garment factories accounted for roughly 80% of the countrys 16-billion-dollar export income in 2009 (Anger after deadly HM factory fire: ). In the process of outsourcing the production of their merchandise, HM often demands the usage of raw materials that need to be sourced from various countries. It is interesting though, that they leave the chore of purchasing these materials to the production factories in Bangladesh. à ¢Ã¢â€š ¬Ã‚ ¦most of the time, suppliers import the raw materials from abroad due to unavailability in the local market. In some cases, HM nominates the raw materials supplier. In that situation, suppliers purchase the raw materials from those nominated sources, whether they are local or foreign (Alim 2010: 72-73). HMs Sustainability Report from 2009 states that transporting raw materials from a country outside Bangladesh can take up to 44 days to arrive, causing potential delays in the production of merchandise (Alim 2010: 73). Importing materials from nations outside of Bangladesh for the production of goods presents a conflict in terms of development. Firstly being that Bangladesh produces merchandi se under the condition of cheap labor, expenses of importing materials from other countries can damage their overall profit rate. More importantly however, is that by sourcing raw materials from places outside of Bangladesh, domestic businesses suffer when trying to compete against more powerful foreign corporations. Through this cycle, foreign transnational corporations shape the economy of Bangladesh. Through investigation on the subject of the impact of globalization and the presence of transnational corporations in the Global South, strong arguments declare that global outsourcing in these regions is a barrier to the possibility of development. As an employee of a multinational corporation, I have considered its relationship to Bangladesh through two perspectives. Firstly, the relationship presented to me through HMs viewpoint; being that their presence in Bangladesh allows for them to outsource quality merchandise for cheap labor costs while increasing capital of the export sector and creating jobs. As well I have analyzed a more negative stance on the issue of HM in Bangladesh. This being that HM is hindering the possibility for development in Bangladesh through creating dependence and pressuring the government. Both perspectives have in common the argument that HM in Bangladesh acts as a major influence on the development of the country. Although HM follows the labor and envi ronmental policies in Bangladesh, the companys existence in the country is enough to decrease the likelihood of both economic and political growth while negatively affecting the nations ability to develop.