1. You need to do a research for this assignment.2. It should be 5-6 pages.3. The report is a FINAL Project and will be graded as such meaning you will need to have a complete and professional report.
final_assignment_due_may_7th_at_5.docx
final_assignment_due_may_7th_at_5.docx
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Final Assignment Due May 7th at 5:00 pm. I WILL NOT accept any late assignments
All group members must have typed name in the report.
Use the following information to develop a full recommendation of action; this would include two
possible contingency plans.
For your final assignment, you are the Chief Domestic (US) Officer of Hyundai Group, and you
face an uncertain future with US trade restrictions and tariffs. The CEO has tasked you with
developing the plan of action for the company’s automotive division (this includes Hyundai and
KIA). The CEO needs your recommendation of possible location choices to minimize any
financial damage that the company would face if the trade situation worsens in the future.
Currently, approximately 30 percent of cars produced in the company’s US plants are exported
to countries throughout the world except for China. The CEO wants your recommendation of
possible location changes for the US operations. The company will likely not change location;
however, the CEO wants to keep all options available for the near future.
You will need to do your research on the several factors for this assignment; these include but
are not limited to:
•
•
•
•
•
•
•
•
•
•
•
Relationship with the South Korean Government
Availability of raw materials
Availability of trained labor
The ability of migration for senior and mid-level employees
Proximity to markets
The ability of the pliers to also locate
Shipping costs of materials
Reliability of shipping
Infrastructure needs/situation.
Transportation costs of exports
Government subsidies to locate
The CEO wants to have several options (at least 3) presented for planning purposes. While the
operation will likely not move, the plan gives the company leverage in future negotiations. The
report needs to address all the critical issues in the above list.
The report is your FINAL Project and will be graded as such meaning you will need to have a
complete and professional report.
Assignment 8
Use the following information to develop a full recommendation of action; this would include two
possible contingency plans.
For your final assignment, you are the Chief Domestic (US) Officer of Hyundai Group, and you
face an uncertain future with US trade restrictions and tariffs. The CEO has tasked you with
developing the plan of action for the company’s automotive division (this includes Hyundai and
KIA). The CEO needs your recommendation of possible location choices to minimize any
financial damage that the company would face if the trade situation worsens in the future.
Currently, approximately 30 percent of cars produced in the company’s US plants are exported
to countries throughout the world except for China. The CEO wants your recommendation of
possible location changes for the US operations. The company will likely not change location;
however, the CEO wants to keep all options available for the near future.
You will need to do your research on the several factors for this assignment; these include but
are not limited to:
•
•
•
•
•
•
•
•
•
•
•
Relationship with the South Korean Government
Availability of raw materials
Availability of trained labor
The ability of migration for senior and mid-level employees
Proximity to markets
The ability of the pliers to also locate
Shipping costs of materials
Reliability of shipping
Infrastructure needs/situation.
Transportation costs of exports
Government subsidies to locate
The CEO wants to have several options (at least 3) presented for planning purposes. While the
operation will likely not move, the plan gives the company leverage in future negotiations. The
report needs to address all the critical issues in the above list.
The report is your FINAL Project and will be graded as such meaning you will need to have a
complete and professional report.
…
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