Based on the discussion on the four (4) key drivers that shape organisational and industrial global strategies as discussed in the course, which two would be most important to Peter based on the industry/sector he is operating in. You must include, two sub-factors under each of the drivers. Organizational examples must be included. Information from the scenario must be included to support the discussion. Please see attachments with scenario and the 4 key drivers that shape organisational and industrial global strategies and answer the question accordingly.
Based on the discussion on the four (4) key drivers that shape organisational and industrial global strategies as discussed in the course, which two would be most important to Peter based on the industry/sector he is operating in. You must include, two sub-factors under each of the drivers. Organizational examples must be included. Information from the scenario must be included to support the discussion. Please see attachments with scenario and the 4 key drivers that shape organisational and industrial global strategies and answer the question accordingly.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
Based on the discussion on the four (4) key drivers that shape organisational and industrial global strategies as discussed in the course, which two would be most important to Peter based on the industry/sector he is operating in. You must include, two sub-factors under each of the drivers. Organizational examples must be included. Information from the scenario must be included to support the discussion.
Please see attachments with scenario and the 4 key drivers that shape organisational and industrial global strategies and answer the question accordingly.
Transcribed Image Text:Cost Globalisation
Scale economies
Sourcing efficiencies
High product
development costs
Market Globalisation
Similar customer needs
Global customers
-Transferable Marketing
Globalisation of
competitors
Interdependence
Competitors
High exports/imports
Global
Strategies
Globalisation of
government policies
Trade policies
Technical standards
Host government
Figure 2.9. Key Drivers That Shape Organisational and Industrial Global
Strategies
X
Transcribed Image Text:Peter is considering operating a local business in the textile, clothing and footwear sector. Peter
has completed research into the operations of similar businesses both locally and regionally and
intends to market and sell his products both at the local and regional level at the same time. Peter
understands that to shape the business's overall strategy there are various strategic drivers both
internally and externally which must be considered and wants expert advice on these drivers
relevant to his business. He is also struggling with deciding on the best structure for the
organization, as well as the most effective ways of marketing his products to ensure that they are
more attractive to buyers than the current options. Peter is considering a strategic alliance but is
not sure if to form links among non-competitive firms or associate with firms in an un-related
activity. He is also aware that even other types strategic alliances exist but does not have a good
grasp on this area to make an informed choice. Peter is aware of internal and external tools which
businesses use to understand the operating environment but is unsure which ones are feasible for
his business or will provide the most relevant information. Peter wants to go global in the future.
He was listening to a radio program and they mentioned that there are drivers that shape strategies
when persons are considering going global but he is not familiar with what these are. Whilst Peter
has a lot of ideas, he recognizes the need for help to ensure his success.
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