) How might globalization be a problem for a successful national company that is intent on going international
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1) How might globalization be a problem for a successful national company that is intent on going international?
2) What advantages would the national company have by going international? Provide an example.
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- What are the various means available to companies to go international? When is an exporting strategy most appropriate?How might globalization be a problem for a successful national company that is intent on going international? What advantages would the national company have by going international? Provide an example.Set up a company that is expanding from local market to international business. 1) What is the entry strategy to penetrate international market? 2) Explain your company's entry mode such as below: -Exporting -Turnkey Projects -Licensing -Franchising -Joint Ventures -Wholly Owned Subsidiaries -Strategic Alliances 3) What are the Core Competencies during the entry Mode? 4) Explain the Advantages, disadvantages, challenges facing your international trade from the perpective such as below: - Political Policies - socioeconomic impact - trade barriers - organization competitive advantage
- Provide the reasons as to why companies go international. What additional factors contribute to the increased international business activities in the recent years?Prepare to discuss an multinational enterprise's (MNE’s) decision to expand into new areas. Discuss the following scenario: After becoming the president of the multinational enterprise (MNE), your board of directors has instructed you to begin the process of expanding to the Asian Pacific market. What market opportunities, sourcing advantages, strategic imperatives, and transnational strategies should you consider when expanding abroad?If you owned a business and you decided that it was time to expand globally, what globalization strategy would you consider? Why?
- Can you explain and make a summary and add some examples (Like Jollibee) of the given below? STAGES OF GLOBALIZATION Stage 1 - arm's length service activity of an essentially domestic company/institution which moves into new market. Stage 2 the company/institution takes over these activities on its own. Stage 3 - the domestic-based company institution begins to carry out its own manufacturing marketing and sales in key foreign markets. Stage 4 - the company/institution moves to a full insider position in these markets supported by a complete business system (e.g., Research and Development and engineering) Stage 5 - the company/institution moves towards a genuinely global mode of operation where global localization happens that requires an organizational transition i.e. the company denationalize its operations.Travelling and working internationally can lead to a life of adventure and unique career experiences. For businesses, selecting the right candidates to take on foreign assignments can propel, delay, or deny the success of the international ventures. As an international manager, identify key competencies you would look for in choosing expatriates. What might be some of their concerns in taking on overseas assignments? What are some best practices in supporting expats during and after their assignments?Discuss the effects of various forms of technology on internationalbusiness. What role does the Internet play? Where is all this leading? Explain the meaning of the “appropriability of technology.”What role does this play in international competitiveness? Howcan managers protect the proprietary technology of their firms?
- What are the different structures of international business, such as joint ventures, subsidiaries, and strategic alliances, and what are the advantages and disadvantages of each structure in terms of operational efficiency, risk management, and global market penetration? How can management effectively navigate these structures to achieve long-term success in the international marketplace?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 competitivenessIncreased global interaction has been promoted by advanced technology in communication, ideas and culture, which largely encourages and facilitates international trading. Businesses go abroad in seeking better financial incentives, stronger networks, and markets of opportunities. But at the same time, the complexities in terms or risks involved in international operation are more than domestic firms -Discuss how to manage cultural risks and other factors related to a foreign operation of a multinational business. Is cultural, business, or political risk more challenging to overcome than one of the others? Why or why not? How should American standards influence multinational businesses?