risk management.doc - Introduction Huawei is one of the...

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Introduction Huawei is one of the leading tech companies in the world. This Chinese tech giant was formed in the year 1987 and since then, its growth is now realized all over the world. Operating in more than 170 countries and serving over 3 billion people, Huawei has managed to provide world- class information and communication technology (ICT) infrastructure and smart devices ( Huawei - Building a Fully Connected, Intelligent World , n.d.). The company is respected for its innovative technology that is life-changing. They are committed to bringing technology closer and efficiently to every aspect of life, ranging from personal needs, homes, and organizations. Thank Huawei that the world is intelligent due to their tireless efforts in making the word digitally healthy. Background The company is private-owned, where its employees are the sole shareholders. Comprising of about 104,572 employees, shareholding schemes was implemented where only Huawei employees are eligible to participate in the ownership process. The governance of the company robust. The employees ( shareholders) elect 115 members to represent them in the Represented Commission. From this commission, the chairman of the board and other board of directors are elected. Board of directors then selects four deputies to the chair and executive directors ( Huawei - Building a Fully Connected, Intelligent World , n.d.). The board members acts on the behalf of company in decision making process. Other major functions o this corporate body include operations management, corporate strategy, customer satisfaction among others. Therefore, the board is responsible for the smooth running of the company and maintenance of brand name in the global market and technology world.
Huawei is a profit-making organization, and like any other business, it has its fair share of ups and downs as long its existence. It relies on its customers and partners to effectively run the external world, while internally, it solely depends on its hardworking men and women. The company creates employment both locally and internationally. The company's global operations are, however, what makes Huawei unique among its peers. Therefore, we are going to explore in detail the company's trend in the last half-decade, its key attraction, risks, and possible recommendations on the same. Huawei's key attractions Companies have to invest a lot and wisely to have a say on the global market. Huawei, therefore, still has the upper hand on multinational businesses due to its comprehensive foreign direct investment (FDI). Different countries attract foreign investors in different ways. At the same time, some countries are more preferred to invest in than the others. The following reasons are the factors behind this parity. Infrastructure and access to raw materials (Das, 2017). Infrastructure is a crucial factor when companies want to invest in a particular country. Countries with well-developed infrastructure tend to attract more technology companies compared to ones that have low or no infrastructure.

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