Advantages of Establishing a Chemical Production Plant in Bhopal India Assignment

Advantages of Establishing a Chemical Production Plant in Bhopal India - Assignment Example The researcher states that each foreign country has its own statutory safety and environmental guidelines which could affect the success or failure of a manufacturing company. As an engineer who has been a successful corporate manager for a chemical production company, I have written this report to guide the management before establishing at least one production company in Indonesia within the next ten years. Based on the gathered ethical and legal issues in each target country, recommended solutions on how we could effectively decrease the risk of losing the large sum of money due to the difference in business and cultural practices will be tackled in details. Expanding the business in Bhopal India could offer the business more competitive advantages as compared to its competitors. Aside from the relatively low cost of labor, other operational necessities such as raw materials, electricity, taxes, and transportation costs are also competitive. Basically, the cost savings that the co mpany can get out of establishing a chemical plant in Bhopal or Kazakhstan will enable the company to sell the finish products at a more competitive price without the need to sacrifice its quality. As a chemical manufacturing plant, it is but ethical for plant managers to learn more and train employees regarding the socially and legally accepted staffing policy, health and safety management, the health and social consequences of establishing the chemical plant close to a densely populated geographic area, the toxicity of chemicals being manufactured at the chemical plant, and the proper way of handling and disposing the chemicals. Â  Likewise, it is equally important for the plant managers to develop proper emergency response strategies and train employees on how to cut down the harmful effects of these chemicals in case of emergency. All these are necessary in order to avoid unnecessary law suites which can be filed against the company.