Memorandum Assignment Example | Topics and Well Written Essays - 750 words - 2

Memorandum - Assignment ExampleUnfortunately, after one year of operations in China, the companys headquarter did not satisfy the Chinese performance according to the objectives that were set (Bartlett, Christopher, Sumatra, and Paul, 23).Currently, the organizations domestic demand was declining as well as its stock price. The new chief executive officer faces a big challenge of building a multinational enterprise due to lack of previous(prenominal) management arrest.The CEO should note that the major problem was due to her difference with Chen in the view and management styles of the market. Other major problems were cultural differences and restrain international experience. The CEO should curb the above problems by taking cautious analytical procedures that will addle the enterprise to perform efficiently and effectively. The CEO should make the following decisions to solve the problems above In the concept of globalization, any element of difference in culture should not be traced in any case. bosom culture will create a platform of togetherness. This will be depicted by preparing meals of different cultures in the caf. CEO should seek international experience by attending various global workshops that focus on building leadership skills. This will trigger an element of understanding the international appropriately consequently doing serious business in the caf. Recommendations of a number of fundamental changes to Levendary Cafs new that would significantly affect Levendarys relationship with Louis Chen, their future growth and enlargement prospects in China, and the interrelationship that exists between their Chinese subsidiary and their Denver corporate headquarters. In the beginning, former CEO Howard Leventhal granted great latitude to Chen for their expansion into the Chinese marketplace (Bartlett, Christopher, Sumantra, and Paul, 57).