Can you please help me with my question for recommendations to the CEO?
Final Assignment Due May 7th at 5:00 pm . I WILL NOT accept any late assignmentsAll group members must have typed name in the report .Use the following information to develop a full recommendation of action ; this would include twopossible contingency plans .For your final assignment , you are the Chief Domestic ( US ) Officer of Hyundai Group , and youface an uncertain future with US trade restrictions and tariffs . The CEO has tasked you with*developing the plan of action for the company’s automotive division ( this includes Hyundai andKIA ] . The CEO needs your recommendation of possible location choices to minimize anyfinancial damage that the company would face if the trade situation worsens in the future .Currently , approximately 30 percent of cars produced in the company’s US plants are exportedto countries throughout the world except for China . The CEO wants your recommendation ofpossible location changes for the US operations . The company will likely not change location ."however , the CEO wants to keep all options available for the near future ."You will need to do your research on the several factors for this assignment ; these include butare not limited to :"Relationship with the South Korean GovernmentAvailability of raw materialsAvailability of trained laborThe ability of migration for senior and mid -level employees*Proximity to markets*The ability of the pliers to also locateShipping costs of materials*Reliability of shippingInfrastructure needs / situation .Transportation costs of exportsGovernment subsidies to locate*The CEO wants to have several options ( at least 3) presented for planning purposes . While theoperation will likely not move , the plan gives the company leverage in future negotiations . Thereport needs to address all the critical issues in the above list .The report is your FINAL Project and will be graded as such meaning you will need to have acomplete and professional report .
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