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Provide at least two recent examples of market entry strategies of other multinationals in Norway that have succeeded.
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- Please provide examples/case studies of market entry strategies of other multinationals in Norway that have succeeded of failedexplain these reasons why companies engage in international business: (A) increased profits can be gained by selling in countries where prices can be set higher (B) New markets, especially international markets, means an increased number of sales (C) Labour costs for production may be lower in some countries than others, thereby creating the opportunity to increase profitsDefine outsourcing and the market entry strategies of exporting and partnerships.
- What strategies can an export-trading company implement to effectively penetrate new international markets and overcome potential challenges?Provide at least two (2) examples/case studies of international modes of entry utilized by multinational corporations in the USA that have succeeded or failed.What are the key strategies and considerations that organizations should take into account when implementing export-trading activities to expand their market presence internationally?
- Explore two possibilities a company can enter a foreign market such as exporting, foreign direct investment, and collaborations (joint ventures, alliances, licensing, franchising), and evaluate the pros and cons of each method. Which types of products and services would be appropriate for each market entry method?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 competitivenessall of the following represent key competitive factors in the external environment of an international business except: A) Institutional factors B) The company's vision C) The competencies of rival firms D) The number and strength of suppliers
- You will choose a known Caribbean Company in the manufacturing is mount pure water (s) with information available on the internet, that does not currently operate outside the region. You will conduct a comprehensive study of the international business environment, that is, the geography, 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 for internationalization. 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 a situation analysis to start. You are also required to suggest an international strategy after an analysis of all strategies discussed in the course. There must be at least 12 sources. This must include at least 8 scholarly peer reviewed journal sources which can be found via UWILinc or Google…The methods of engaging in international business may be categorized as eitherdirect or indirect. How would you classify each of the methods of internationalbusiness? Briefly explain under what conditions should each of these methodsbe used?If I manufacture cars in Germany and use steering wheels made in Singapore, what kind of international trade am I participating in? Offshoring Outsourcing Exporting Onboarding