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Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter6: International Management

Section: Chapter Questions

Problem 9CRQ: Compare and contrast a global, regional, and local strategy. Discuss some advantages and...

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Concept explainers

Global supply chain management

Global supply chain management is a broad term that covers all aspects of a product's lifespan, from conception through distribution to consumers. The study of planning how goods and services will get from producer to consumer is known as global supply chain management (GSCM). The supply chain, as the name implies, is a group of network functions, organizations, and personnel. It begins with those who produce and supply raw materials or components to manufacturers, continues with logistics services that carry finished goods to warehouses and distribution centers, and ends with wholesalers and retailers purchasing the goods.

Question

3 types international strategies, namely multi-domestic, global and transnational strategy.

which is the best strategy a supermaket in the caribbean should use to enter a international market.

state 2 advantages and 2 disadvantages of the strategy used.

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three (3) types of international strategies, namely multi-domestic, global and transnational strategy. which strategy would a hair and beauty salon in the Caribbean that wishes to enter an international market utilise. the market they wish to enter should be specified. state two (2) potential advantages and two (2) disadvantages of the strategy suggested.
.Propose an international strategy based on multi-national, global, or transnational strategies. The company and the tumeric soap that was chosen as the product on the international market in Germany.
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Conduct an evaluation of the strategies (multi domestic, transnational and global) to determine which strategy a beauty salon that wishes to enter an international market should utilise. The company name which is Classy Couture Beauty should be included and the market they wish to enter should be specified. Comment on two (2) potential advantages and two (2) disadvantages of the strategy suggested.
2.1 Discuss any SIX (6) possible reasons why the H&M Group has chosen to globalise (internationalize) its operations beyond its domestic market of Sweden. 2.2 In pursuit of global opportunities multinational firms typically employ one of four options of global operations strategy. By first elaborating on the four options of global operations strategy, identify and analytically discuss the most likely global operations strategy option which the H&M Group uses in their extensive international operations.With the aid of a diagram and substantive evidence from the case study situate H&M Group within one of the four global operations strategy options. It is recommended that your discussion weaves together evidence from the case study on one hand and relevant theoretical viewpoints andcitations from relevant academic sources on the other hand.
In the international environment, firms use four basic strategies. These are an international strategy, a transnational strategy, a global strategy, and a: Select one: a. Transnational strategy b. Regional strategy c. Global strategy d. Multi-domestic strategy
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