IBM-100 INTERNATIONAL BUSINESS MANAGEMENT

REFLECTION/ASSIGNMENT 10%

NAME.- Harjot Singh

STUDENT ID NUMBER- (0795006)
COURSE CODE -IBM1B
COURSE SECTION- 041
SUBMITTED TO – HARMEET KOHLI
Q1. Please identify a Canadian firm involved in Global Operations and SCM.
Why are these concepts vital to the survival of a firm?

1. Canadian Tire Corporation is a Canadian company that is involved in global

operations and supply chain management. The company employs over 100,000
people and operates over 1,700 stores across Canada. Canadian Tire is one of
the country's largest retailers, and its operations are critical to the company's
survival.

2. Why are these concepts critical to a company's survival?

Global operations and SCM are critical to a company's survival because they
enable it to reach a larger market, optimise production and distribution, and
improve customer satisfaction. Without these concepts, a company would be
restricted to a small market and unlikely to compete with larger, more efficient
firms.

Explanation:

 In order to survive in the global market, a company's global operations

and supply chain management must be efficient. The two concepts are
critical to a company's success because they allow the company to
optimise its resources while minimising costs. To be able to operate
globally, a company must be able to effectively manage its supply chain.
 The Canadian Tire Corporation is one such company that has both
efficient global operations and supply chain management. The company
operates over 1,700 stores in Canada and offers a diverse range of
products and services. The organisation requires an efficient global
operational management system capable of delivering its products to
such a diverse consumer base.
 The supply chain system of the company is customised to meet the
needs of their clients. It begins with raw materials and progresses to the
finished product. The company employs a team of experts who work
tirelessly to ensure the efficiency of the company's supply chain.
  The global operations of the company are as effective as their supply
chain management system. The company has a large network of
suppliers and distributors who help them meet their customers'
demands. To ensure that the company's products are of the highest
quality, the company has a team of experts who collaborate closely with
their suppliers and distributors.
 The Canadian Tire Corporation is an excellent example of a company
that recognises the significance of global operations and supply chain
management. The company's success can be attributed to its effective
global operations and supply chain management system.

Concepts vital to the survival of a firm

The two concepts are critical to a company's survival because they allow the
company to optimise its resources and reduce costs. A company that is
efficient in its global operations and supply chain management will be able to
compete and succeed in the global market.