D081-QBM3 Task 2 Template (study guide) 4 Innovative
and strategic thinking 2024 Western Governors
University
, lOMoARcPSD|6353920
A.
#1: One operational risk the company may face is the challenge of
establishing local manufacturing capabilities in India to meet the
NFDB's requirement of using recycled plastics sourced locally.
Setting up a new production facility or finding a suitable contract
manufacturer could require significant time, capital investment,
and coordination. This operational risk could delay the company's
market entry and increase their start-up costs, potentially
impacting profitability.
#2: The company may encounter intense competition in the
Indian market, as other global or domestic manufacturers may
already have a strong presence and established customer
relationships in the foldable fishing boat segment. This
competitive landscape could compel the U.S. company to adopt a
more aggressive pricing strategy or invest heavily in marketing
and distribution efforts to differentiate their product, potentially
putting pressure on their profit margins.
B.
B1:
#1:
The company fosters a highly collaborative and creative work
environment, where employees at all levels are empowered to
contribute ideas. This innovative culture, which views founders
and staff as equal partners, supports the company's mission to
provide industry-leading, customer-driven product designs.
#2: The company is guided by a strong ethical principle to
make decisions that prioritize environmental sustainability and
customer needs. This deep-rooted commitment to minimizing
the company's environmental impact aligns well with the
regulatory requirements in the target Indian market, where the
use of locally sourced recycled materials is mandated.
B2.
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