International Business- Steris Corporation

14Sep 2021 by george
p​‌‍‍‍‌‍‍‌‌‌‍‌‍‍‌‌‍‌‍‍​repare a short paper (6-8 pages), double spaced, using Microsoft Word, minimum of 12 inch font, which includes the following:Steris Instrument Management System Steris Instrument Management System 1. Provide a brief introduction of the company, the products and/or services they sell internationally, and where they are headquartered (country name). Steris IMS is a surgical and medical device company that offers many beneficial surgical services across the United States. I understand that Steris is an international giant with headquarters in Italy, Europe, Germany, and North America. I would like to focus on the Endoscopy and Sterile Processing Products and Operating Room Services that Steris has to offer within the United States. More about the surgical endoscopy and endoscopes parts that is offered.
2. Include an overview of their political, economic, and legal system for the country that their company headquarters are in. I will break down how the federal and state courts work within the legal system of the United States. I will explain how the political side of the government effects business and the key components of the system. I will go in detail how the mix economy has affected how business is run within the United States vs other types of economy and why mix is a better choice.
3. Identify whether the country they are headquartered in is a member of the World Trade Organization and if their home country is signatory to any key WTO agreements (aka TRIPS for intellectual property or other agreements you feel is noteworthy). United States is part of the United Nations and World Trade Organization. I will explain who United States has free trade with and the agreements that effect the trade. North America free trade act was replaced wi​‌‍‍‍‌‍‍‌‌‌‍‌‍‍‌‌‍‌‍‍​th the U.S.-Mexico-Canada Agreement (USMCA) entered into force on July 1, 2020
4. Identify what country they sell their products to. Steris is an international organization that sells their products in over 100 countries and has approximately 13,000 associates.
5. Identify any pressures to make the product localized or if they standardize their product. I believe Steris is a localized organization within the United States. Since the United States must pass certain FDA regulations on medical devices, instrumentation, and scopes not all products produce overseas can be used in the United States. I will go into detail explaining how the FDA regulates medical devices and the process of getting FDA approval.
6. Identify what type of strategy the company demonstrates such as level of centralization or decentralization, what type of organization structure they use (Exhibit 12.5 in your textbook is a great guide for this!). I believe Steris is runs through both centralization and decentralization structure. I will explain both structures and which I believe Steris operates more under. Could a manager over in Europe can not make the same decision as one in Italy?
7. Using the information from Chapter 12, identify which one or combination of strategies they use (Exhibit 12.3). See #6 8. Include a short closing that provides your opinion and any supporting facts from your research that demonstrate if they are socially responsible. There are four ways to be a socially responsible organization through; environmental, ethical, philanthropic, or economic responsibility. I believe Steris to be a socially responsible company because they are in business to improving patients’ lives. Current References: (Other references will come up with more resear​‌‍‍‍‌‍‍‌‌‌‍‌‍‍‌‌‍‌‍‍​ch)
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