Assignment:
Video case: "Budding Biz - David Wernick video interview with Ralph Gazitua
Video is an interview that examines the founding and growth of WTDC, a leading Miami-based logistics infrastructure company founded by the Gazitua family in the 1970s. WTDC President and CEO Ralph Gazitua explains how and why his family started the company, the various challenges his company has faced over time and how he has adapted his business model to meet the demands of the marketplace. The 15-minute video includes a tour of WTDC's warehouse and a brief interview with WTDC's marketing manager.
INSTRUCTIONS:
1. Watch the 15-minute video, available at the links below. Note that the video is in two parts. You must watch both parts:
Part 1: FIU Budding Biz 1 of 2 at WTDC
Part 2: FIU Budding Biz 2 of 2 at WTDC
2. After watching the video, answer the following two questions:
a. Identify at least four specific terms from the chapters/notes that Mr. Gazitua mentioned in the video. In your own words, briefly explain what each term means.
b. Assume that Mr. Gazitua needs to "reengineer" the firm again. His main goal is to attract more foreign clients and to provide assistance to these clients as they try to enter the US market. He has hired you as a management consultant to give him some guidance.
There are several agencies of the U.S. government that offer various services to U.S. companies involved in international trade. These agencies were discussed in Chapters. Discuss the ways in which Mr. Gazitua could take advantage of the services offered by these agencies as he reengineers his firm. Be sure to identify the specific agency(ies) you are referring to.