Globalization and Facility Management, economics assignment help

Strictly Follow All APA RulesA critical element of a companys operations management strategy is the efficient management and location of the companys facilities. To take advantage of lower labor rates or easy access to raw materials and resources, several companies in the U.S. and Europe have looked to offshore operations including manufacturing, design, and customer service in low cost regions of the world such as China, India, Eastern Europe, or Southeast Asia. In recent years, there are indications that some companies are looking to reverse the offshoring trend. For example, from the end of 2102 and through 2013, GE moved manufacturing of appliances from China to Kentucky, and Lenovo opened a design center in North Carolina.Using the module readings, the Argosy University online library resources, and the Internet, research a company with global operations. Based on your research, respond to the following:Briefly describe the companys strategy with respect to regional location of its facilities for manufacturing, design, research and development, marketing, and customer service.How has the companys strategy evolved with respect to global location of facilities?What challenges is the company facing in the current environment?How can the company be more efficient in how it manages the global location of facilities in response to these challenges?Write your initial response in 300500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuationDo the following when responding to your peers:Read your peers answers.Provide substantive comments bycontributing new, relevant information from course readings, Web sites, or other sources;building on the remarks or questions of others; orsharing practical examples of key concepts from your professional or personal experiencesRespond to feedback on your posting and provide feedback to other students on their ideas.Make sure your writingis clear, concise, and organized;demonstrates ethical scholarship in accurate representation and attribution of sources; anddisplays accurate spelling, grammar, and punctuation.Grading CriteriaAssignment ComponentsMax PointsInitial response was:Insightful, original, accurate, and timely.Substantive and demonstrated advanced understanding of concepts.Compiled/synthesized theories and concepts drawn from a variety of sources to support statements and conclusions.16Discussion Response and Participation:Responded to a minimum of two peers in a timely manner.Offered points of view supported by research.Asked challenging questions that promoted discussion.Drew relationships between one or more points in the discussion.16Writing:Wrote in a clear, concise, formal, and organized manner.Responses were error free.Information from sources, where applicable, was paraphrased appropriately and accurately cited.8