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- 7. List disadvantages for a domestic economy and the citizens of home country that come as a result of Firm's decision to go global. How could the Firm mitigate these disadvantages?“…Nature of the market opportunity, firm’s resources and managerial philosophy affect internationalisation in the business strategy approach, and market selection will result from an evaluation of factors like market attractiveness, psychic distance, accessibility and informal barriers…” Source: (Root, 1987; Turnbull and Ellwood, 1986). Referring to the above statement, critically analyse how international marketers screen emerging markets. Reference should be made to both: (a) General and(b) Specific.Which one of the following is NOT a reason a company decides to enter foreign markets? A) To spread business risk across a wider geographic market base B) To build the profit sanctuaries necessary to wage guerrilla offensives against global challengers endeavoring to invade its home market C) To capitalize on company competencies and capabilities D) To gain access to more buyers for the company's products/servicesE) To achieve lower costs and enhance the firm's competitiveness
- conduct a comprehensive study of the international businessenvironment of the United States of America, that is, the geography, history, politics, government, economics, and culture.State reasons why you think a locally Home-made garlic sauce will be sold profitably. Propose a strategy for internationalization. Lookingparticularly at entry strategies like exporting, licensing agreements and franchising, partnering and strategic alliances,acquisitions and establishing new, wholly owned subsidaries that could be utilized.1. Hofstede’s dimensions with scores must be included as part of theanalysis.Senior Management of a US business, developer and online gaming marketer, has agreed to expand internationally in Asia. You are a market analyst and must render your advice to the management by addressing the following questions:To evaluate global business opportunities and to suggest where the enterprise can go, choose a suitable analytical instrument to analyse an Asian nation with strong potential.please use Nestle as the caribbean company and Canada as the international market You are hired as a consultant by Tokyo Inc. to prepare a report based on the undermentioned criteria.You will choose a known Caribbean Company in the agro-processing sector and its product (s) withinformation available on the internet, that does not currently operate outside the Caribbean CARICOMregion. You will conduct a comprehensive study of the international business environment, that is, thegeography, culture, government, history, economics, and politics of a new country, outside of the region,from which you believe the company and its product (s) could operate profitably. Propose a strategy forinternationalization. Looking particularly at entry strategies that could be utilized as discussed in the course.You will need to keep in mind the domestic realities of the company and its product (s) by conducting asituation analysis to start. You are also required to suggest an international strategy after…
- 2. Using relevant international business theories, justify the major motives behind divestment. Conversely, under what circumstances will acquisition be a logical strategicapproach in international business context?What are the four factors in Porter’s diamond of national advantage? How do the four factors explain why some industries in a given country are more successful than others?What are the factors and approaches that organizations can take when deciding to go global?
- Please elaborate as much as you can .Subject Global Strategic ManagementDiscuss the advantages and disadvantages of any FIVE (5) modes of entry that you know of.The form and substance of a company’s response to global market opportunities depend greatly on management’s assumptions or beliefs—both conscious and unconscious—about the nature of the world. The worldview of a company’s personnel can be described in three different orientations. State these three management orientations and discuss each one of them with examples. THE 3 MAMNAGMENT ORIENTATIONS ARE : •Ethnocentric Orientation •Polycentric Orientation •Geocentric Orientation126. Differences in customs, governmental regulations, and the cost of living are examples of a. transnational strategy b. global business drivers c. global information technology d. cultural, political and geoeconomic challenges