Nationalization of Cargill
Response to Nationalization of Cargill
I acknowledge your hard work with an informative post about nationalizing Cargill. The sources used in this post are authenticated and it has drawn an impression about Cargill in a positive manner. Unfortunately, you did not mention about temporarily seizing a pasta factory that was owned by the Cargill too. On the other hand, authenticate points are discussed in this post about how Cargill was nationalized and the perception of Hugo Chavez took decision for a country to nationalized large swaths of Venezuela’s economy (CNN, 2009). Moreover, you have failed to describe proper planning to execute if you would have the executive of Cargill.
Cargill Inc. is one of the largest privately owned companies and more than 1500 employees are working in Venezuela to allow their plants in the country can help to increase the productivity (The New York Times, 2009). To clearly justify the action of Chavez, it is necessary to justify your thoughts. Therefore, it can be said numerous companies plan to enter into the different market, and they have successfully worked because of proper planning. To set proper roots in the country, Chavez needs to focus on proper market research of the country to promote its brand loyalty.
I think you are justified to answer each question properly. I acknowledge your hard work in this assignment and how you pointed every point that was required to answer the questions. It's true that, Cargill is in a critical position because of its lack of management skills. To enter into any country, one basic step is to perform market research and then start planning (Albrecht, 2009). Unfortunately, Cargill failed in the situation faced in Venezuela. However, Chavez needed to take this serious action to help his country for the better purpose, but not for long-term (The Washington Times, 2009). You did a great job on this assignment.
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