A company that is organized across international boundaries,with decentralized authority and substantial autonomy ateach business via subsidiaries, franch ises, or joint ventures,has:a) a global strategy.b) a transnational strategy.c) an international strategy.d) a multidomestic strategy.
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A company that is organized across international boundaries, with decentralized authority and substantial autonomy at each business via subsidiaries, franch ises, or joint ventures, has: a) a global strategy. b) a transnational strategy. c) an international strategy. d) a multidomestic strategy. |
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- Identify a company that has expanded or is planning to expand into international markets. The company you identify could be a small firm, a large multinational, or a new start-up going global from the beginning. Your analysis should consider the following: A. A brief overview of the company. what it makes or sells, when it was founded, a number of employees, annual revenues/profits, form of operations. B. Analysis of its international/global strategy. What was the motive for expanding into international markets? You may choose to focus on strategy in a particular region or country or focus on how the strategy changed from country to country. C. For the country you researched in project 1, analyze if this company should enter that market and if so, how...ie export, licensing, franchising, strategic alliance or FDI ASSUME THE COMPANY IS NOT OPERATING IN YOUR COUNTRY NOW, EVEN IF THEY ARE. D. Discuss challenges, obstacles, and setbacks to their globalization efforts and what the firm did…When a company operates in the markets of two or more different countries, and important strategic issue is A) how many profit sanctuaries to try to establish. B) choosing which foreign companies to team up with via strategic alliances or joint ventures. C) whether to vary the company's competitive approach to fit specific market conditions and buyer preferences in each host country or whether to employ essentially the same strategy in all countries. D) whether to use cross-market subsidization to help defeat its rivals. E) whether to test the waters with an export strategy before committing to some other competitive approach.A multinational or multicountry strategy entails A) giving local managers considerable autonomy and often producing different product versions for different countries. B) pursuing strong product differentiation and competing in many buyer segments. C) extensive efforts to transfer a company's competencies from one country to another so as to keep entry costs into new country markets low. D)a narrow product line aimed at serving buyers in the same segments of country markets worldwide. E) aggressive efforts to build a strong profit sanctuary in every country market where a company opts to compete.
- Which of the following best describes an advantage of a global strategy? A) the ability to use a decentralized organizational structure B) a lack of need to conduct product and market research C) an easier way of monitoring individual markets D) cost savings through economies of scale in production E) advantages over competitors in differentiation strategiescreate a report that achieve the following objectives:Knowledge1. Describe the international business environment in the Caribbean.2. Evaluate the environment in which international business is conducted.3. Differentiate the international opportunities and challenges facing Caribbean firms.4. Identify current issues affecting the conduct of international business, particularly forCaribbean firms.5. Evaluate the impact of globalization on strategy formulation and implementation ofCaribbean businessesSkills6. Formulate an international strategy including applying different modes of entry into aforeign market for an existing or fictitious company.7. Integrate issues of cultural and societal diversity into the international business decisionprocess.8. Develop strategies for leveraging cultural diversity into business operationsAttitudes9. Appreciate the implication of current world events for the practice of international business.create a report that achieve the following objectives:Knowledge1. Describe the international business environment in the Caribbean.2. Evaluate the environment in which international business is conducted.3. Differentiate the international opportunities and challenges facing Caribbean firms.4. Identify current issues affecting the conduct of international business, particularly forCaribbean firms.5. Evaluate the impact of globalization on strategy formulation and implementation ofCaribbean businessesSkills6. Formulate an international strategy including applying different modes of entry into aforeign market for an existing or fictitious company.7. Integrate issues of cultural and societal diversity into the international business decisionprocess.8. Develop strategies for leveraging cultural diversity into business operationsAttitudes9. Appreciate the implication of current world events for the practice of international business. choose a product from a corporation and assess the…
- 1. What are the stages of International Development? 2. How can an expat program be improved to the benefit of the organization? 3. Why is strategic flexibility important for strategy formulation when an organization is at the growth stage?Lantra is a company that produces different types of lamps and light fixtures. Lantra is trying to figure out their global strategy. Currently, they are looking at what their competitors look like, where they are located, and how they operate. What part of the global strategy framework is Lasntra focusing on? a) Balanced scorecard performance b) Organizational factors O c) Industry forces d) Environmental factors e) Strategy factorsAssume you are in charge of developing the strategy for an international company selling products in some 50 different countries around the world. One of the issues you face is whether to employ a multidomestic strategy, a global strategy, or a transnational strategy. a. If your company’s product is mobile phones, which of these strategies do you think it would make better strategic sense to employ? Why? b. If your company’s product is dry soup mixes and canned soups, would a multi-domestic strategy seem to be more advisable than a global strategy or a transnational strategy? Why or why not? c. If your company’s product is large home appliances such as washing machines, ranges, ovens, and refrigerators, would it seem to make more sense to pursue a multidomestic strategy, a global strategy, or a transnational strategy? Why?
- 1.what type of strategy (exporting, licensing, joint venture, direct investment) would you consider to be the best type of strategy to employ?2How can (1) franchising and (2) mergers help to continue growth in foreign markets and to create long-term value that would lead to the realization of the MNC's organizational goals?