Risk management manual for huawei telecommunication information technology essay
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What are the risks of doing business with Huawei?
There are three major types of business risks; price risk, credit risk and pure risk. As Huawei has markets overseas, there is bound to be some price risk involved when there is any fluctuation in foreign exchange rates as their receivables and payments are transacted in foreign currencies.
What are the core competencies of Huawei Corporation?
Being based in China, Huawei is able to manufacture and offer products at a lower price (typically 30% lower than those of established suppliers). Core competencies are capabilities that are a source of competitive advantage for a company over its rivals. Huawei’s first competence is its R&D.
What kind of management structure does Huawei need?
The management structure of the organisation needs to be hierarchical in order to help the big multinational companies like Huawei. The department needs to coordinate with each other by understanding the perspectives of each other.
Who is the founder of Huawei Technology Company?
Huawei Technologies was founded in 1998 by Ren Zhengfei who is a former People’s Liberation Army officer and telecom engineer. It was incorporated as a private enterprise which manufactures telecommunications equipments for domestic Chinese companies at a much lower price than its international competitors.
Last Update: Oct 2021
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