PROJECT FRANCE

Prof. Belton, MBA

Presented by;Christian GonzalezTamika RolandAngelica CasarezTeria Edwards

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TABLE OF CONTENTS Project Background Scope Statement Currency Trend Analysis Investment Restrictions Investment Process Review Process Review Process Breakdown Requirements for Approval Organizational Chart RBS RACI Human Resource Plan Work Cited

PROJECT BACKGROUND

M&K Corporation is a U.S. based company manufacturing various electronic products, including imaging devices, semiconductor devices, and automobile image sensors, decides to open an automobile image sensors unit manufacturing plant in France in collaboration with a local company called Pajot Autos Ltd.

SCOPE STATEMENT

International elements, working for M & K Corporation, will invest in Pajot Autos LTD through a liaison Paul Dubbois, a French citizen and finance manager of M & K corporation, to attain majority of Pajot Autos. This investment will allow the opening of a new automobile image sensor-manufacturing warehouse in France with a 10-month time frame within a $50,000,000 budget.

CURRENCY TREND ANALYSIS

.7061

Average .7301

Current

2 yr span

INVESTMENT RESTRICTIONS

Foreigners are allowed to own a maximum of 45% interest in a company.

Goal: Acquisition of majority of the voting rights

How?

INVESTMENT PROCESS

Liaison; Paul Dubbois Finance Manager

The intermediary allows for the investment and attaining majority voting rights.

Risk;Inability to complete the investment due to French restrictions.

Mitigation;Applying to the Ministry of Economy, Finances and

Employment, for authorization to set up a company.

REVIEW PROCESS

Ministry of Economy, Finance, and Employment leads the foreign investment review process.

Length of decision:Maximum of 2 months

After the 2 months if no response is received then it is legally deemed as approved.

REVIEW PROCESS BREAKDOWN

Informal meetings are held between the investor and the French Government with open communication.

Documentation may be revised during the information exchange meetings to obtain approval. (as long as a notary is present)

INFORMATION NEEDED FOR REVIEW

“The who, what, where, when, why, and how for approval.”

Location of investor residency M & K Primary shareholders identity(carry >5% voting rights) Board members’ names and addresses Business activity of Pajot Autos Investment target’s last fiscal year revenue Shareholder structure, before and after investment

ORGANIZATIONAL CHART

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Angelica Casarez

Procurement Manager

M&K Corporati

on

Teria Edwards

HR Manager

Mr. BeltonStake-

Holders/Sponsor

Change Manageme

nt

Tamika Roland Project

Coordinator

Pajot Autos

Christian GonzalezProject

Manager

Planning

Interaction with

Employees

Training

Support Operations

Documentation

RISK BREAKDOWN STRUCTURE

RBS Tasks Responsible Backup Notify

1.O International PM Tamika -----

2.0 Organizational Teria Angelica PM

3.0 Technical Teria Angelica PM

4.0 Internal PM Tamika -----

5.0 External Tamika Teria PM

6.0 Legal Angelica PM PM

7.0 Project Management PM Tamika -----

RACI CHART

ACTIVITY CHRISTIAN GONZALEZ

TAMIKAROLAND

ANGELICA CASAREZ

TERIA EDWARDS

Risk Management

R A C I

Lead technical support

A R C I

Procurement Management

I C R A

Human Resource Management

I A C R

Legal Research

A R C IR: Responsible A: Accountable C: Consult I: Inform

HUMAN RESOURCE PLANAll the project members will report to the PM at the end of the day via email/text/phone with their

progress.

Weekly meetings on Friday have been scheduled for all the team members to share their progress by

means of;

Physical meeting

Virtual meeting

Team meetings will encompass McGregor’s Effective Team management:

Informal, comfortable meetings

Members listen to one another

Team members are open in expressing feelings and ideas

Conflict management will be resolved through the following techniques:

Smoothing/Accommodating

Collaborating

WORK CITED

1. http://www.herbertsmith.com/NR/rdonlyres/427381DC-A885-4330-B007-41626773D38B/0/InvestinginFrance.pdf

2. http://www.invest-in-france.org/Medias/Publications/862/doing-business-in-france-may-2010_en.pdf

3. http://www.globaltrade.net/international-trade-import-exports/f/business/France/Investing.html

4. http://www.invest-in-france.org/Medias/Publications/186/Corporate_Brochure_IFA.pdf