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Regionalization and Its Impact on Simcoa Company

   

Added on  2023-06-11

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Running head: Management and business context
Management and business context
Regionalization and Its Impact on Simcoa Company_1

Management and business context
Executive summary
The primary aim of the paper is to explain the regionalization and its impact. Simcoa Company
has been taken in the task that provides silicon to the consumers in the marketplace. The paper
explains that how regionalization affects the success and growth of the firm. Furthermore, here is
the discussion about the economic issues that dealt by the company. At the end, some
suggestions have been given to reduce economic issues within the organization.
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Regionalization and Its Impact on Simcoa Company_2

Management and business context
Table of Contents
Executive summary.....................................................................................................................................2
Introduction.................................................................................................................................................4
Regionalization............................................................................................................................................4
Regionalization and economic issues..........................................................................................................5
Recommendations.......................................................................................................................................6
Conclusion...................................................................................................................................................7
References...................................................................................................................................................8
Appendices................................................................................................................................................10
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Regionalization and Its Impact on Simcoa Company_3

Management and business context
Introduction
The report talks about regionalization strategy on a broad level. It highlights what regionalization
means and how it enables a company to function. It gives ideas that how a company should work
and achieve its target. It draws the example of an Australian company named Simcoa that
provides silicon to the customers worldwide. The report also gives recommended strategies that
generally provide a support to the issues raised in the companies. It talks about the economic
issues focusing on GDP, Net Profit, Per Capita Income, etc. of the company. More detail of the
task has been detailed below.
Simcoa is an Australian Company that deals in producing silicon to meet the customer’s
requirements. Silicon is considered as one of the largest producing product to meet the
Australian demand (Simcoa, 2018). The report therefore focuses on how Simcoa manages to run
its business with the help of regionalization strategy developed by its professionals. It suggests
ways to overcome the problems faced by Simcoa in business sector. The paper also discusses the
economic issues faced in Simcoa by its workers which ultimately results in affecting or
developing their growth. The economic issues will highlight the factors of business operation.
Regionalization
Regionalization means focusing on a particular location for business related work.
Regionalization is considered to be a business strategy that helps the companies in working
effectively by dividing the employees with different tasks. The companies under regionalization
work on one region before operating on the other. The strategy of regionalization follows
financing, marketing, managing and all the aspects that involve business (Van Langenhove,
2016). The area for which the company works is divided into many small segments and those
segments are called regions under which each and every employee is assigned to perform its
activity. The strategy of regionalization is an effective approach that a company must adapt in its
business place. Regionalization is a method to cater the needs of each and every part of the
company. It helps in facilitating the growth of business by covering all the issues and providing a
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