In 1998 Michael Porter wrote an article – The Competitive Advantage of Nations. To this day, business use it to articulate where they will compete. Illustrate, using examples of products and business, the four (4) components of the Competitive Advantage Matrix.
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In 1998 Michael Porter wrote an article – The Competitive Advantage of Nations. To this day, business use it to articulate where they will compete. Illustrate, using examples of products and business, the four (4) components of the Competitive Advantage Matrix.
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- With all the problems facing companies that go global, why are so many companies choosing to expand internationally? What are the advantages of expanding beyond the domestic market? Also, in terms of consumer behavior, are the cultures of the world becoming more similar or more different?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…A shampoo manufacturer is considering entering a developing country. During the screening process of this country it is discovered that purchasing power is very low and many people might not be able to afford their product as it is presently sold in other markets. As a global marketer which of the following is the best course of action? * O Examine Industrialized markets instead Evaluate the economic situation in that country and consider if a modified product might turn a reasonable profit Generalize that all developing countries such as this country are suffering from difficult economies situations and are not good markets to enter O Totally ignore this country because residents are poor When IKEA spent $2 billion to ppen a store in Pussia it wos potininoting
- Make a list of at least four broad cultural factors and four relevant business factors that influence global trade. Which two factors (one of each) do you believe are the most troublesome right now?describe the shifts in the world economy over the past 30 years. what are the implications of these shifts for international businesses based in great Britain? North America? Hong Kong?Regardless of the type or size of a business, there is a close and continuous interactionbetween the business and its environment. Consequently, each business firm has toexist, survive and grow in relation to the various forces of the business environment.Select and approach any business entity of your choice in Africa and critically identify andanalyse with examples both the internal and external business environment forces.
- Compare to Netflix What is your assessment of the strength of the competitive rivalry among the leading participants in this rapidly evolving global market for streaming video? How strong are the other four competitive forces? Do a complete five-forces analysis to support your answerChina and India have been the world's fastest-growing economies in recent years, and Brazil is becoming a major force in international commerce. Write a short essay that summarizes how these three countries are changing the landscape of international business, and describe the arena in which each excels. Then choose some type of business that you would like to be involved in, and describe how and why you, as a manager in that business, would choose to work with other organizations in one of these three countries.Discuss the business factors your company would research before venturing into the global markets? Eachfactor should be supported by an example.
