Types Of Strategies For Foreign Locations Essay

1. High pressure for local adaptation combined with low pressure for lower costs would suggest what type of international strategy: A. global B. multidomestic C. transnational D. overall cost leadership 2. Foreign direct investment includes the following form of entry strategy: A. licensing B. franchising C. joint ventures D. exporting 3. According to Michael Porter, firms that have experienced intense domestic competition are A. unlikely to have the time or resources to compete abroad. B. most likely to design strategies aimed primarily at the domestic market. C. more likely to design strategies and structures that allow them to successfully compete abroad. D. more likely to demand protection from their governments.

In addition, the internationalisation is the strategy to occupy the foreign market step by step. Also, the porter’s competitive advantages theory is to analysis the strategies of global business. They could divide to three strategies: over cost leading, diversity, and market focus strategy (Passemard& Calantone, 2000). The cost leading strategy focus on establish efficient scale production facility and minimize the research and advertising cost. The diversity strategy focus on introduce some unique product in whole industry. But, this strategy will with a high cost price. The focus strategy is attack of a particular customer group or specialist regional market, its purpose to design the service for a particular target. Consequently, the companies need to consider the internal and external factor condition, such as: factor condition, demand condition, related and supporting industries condition, and firm strategy and rivalry. They are called diamond system. This dynamic system gives the company a standard to measure theirs advantage and disadvantage before they enter foreign market. Moreover, the specific advantage in Internationalisation of Production is give companies a new choose for exhausted market (Strange,S. 1992). In an international environment, the companies will face more uncertain and unequal condition than home market, therefore the companies need keep the attention of more factors:

The Recommendation proposed here presented a global location selection reference tool for identifying key competences for potential sites and suggested how these competences can be used effectively and strategically in company’s supply chain. Additionally, the recommendation was addressed based on the assumption of locating all manufacturing stages at one site for worldwide distribution.

The people of those countries will be mad if that company moves out. Since companies have gone global, their officers are also from different parts of the world. Their headquarters are in one place and factories in another. It starts to get hard to tell where the company belongs.

1. No Language Barrier: Communication with your suppliers would be much easier if you’re manufacturing in the United States. There would be no language barrier, no cultural conflict, and overall much easier

International firms can also keep the clustering concept in mind when choosing the location of its global branches. Participating in already established local clusters should be an option in the minds of managers. Furthermore, firms should implement the geographical clustering of their supply chain wherever they can, even if it is only at a couple of levels.

There are two alternatives to LRNA’s positioning problem. The first alternative is to maintain the dual positioning strategy as originally outlined by the CEO. The dual positioning integrates the concept of “the definitive family 4X4” with “a logical evolution of the legendary Land Rover”. This tactic aims to tailor the model into a versatile family vehicle, targeting modern families in demand for a reliable and trustworthy SUV. It also emphasizes on the evolution of Land Rover, subtly using the impact of the successful Land Rover to influence consumers’ perception, and stressing the word “evolution” to induce consumers’ comprehension about the new Discovery, making consumers understand that Discovery was not only as good as the Land Rover, but also updated and transformed to satisfy desires for creature comforts. The other alternative is designing a new positioning strategy based on the model’s competitiveness and target market. Taking into consideration the situation analysis above, this alternative can be cutting off retail price and going for mainstream instead of the current niche strategy. There are also two alternatives to the company’s retail strategy problem, with the first one being switching to free-standing Centre stores, and the other one being holding on to dealership franchising. The decision criteria for the alternatives are divided into financial, economic, operational and social impacts. So in the following discussion, alternatives will be evaluated on

A firm gets significant advantage through economies of scale when it has multinational operations. The firm can set up its manufacturing units in low cost center and distribute its products across its market. Though the market for the company’s products can be worldwide, all the products can be manufactured in one or fewer units in the places where the company has maximum of location advantage and distributed across the

made to the image of the clock, due to past wars, age and change in

As an executive of a large U.S. multinational corporation planning to open a new manufacturing plants in China and India to save on labor cost. There are a few factors that must consider when making the decision. The factors are including the environment business of the both country.

The objective of MNC to operate in other countries is to gain competitive advantage through several ways. Firstly, MNC is able to take advantage of difference in country-specific circumstances. For example, MNC may choose to locate its productions in less developed country like Vietnam to gain cheap labor cost. Secondly,

Mary Madison, Director of Market Research at U.S. Agricultural Tractor (USAT), has just come from an important meeting at which it had been decided to initiate a study a study of export opportunities for the firm’s tractors. Since she had no experience in global marketing, she was rather concerned about how best to approach this task.

Regional strategies are more appropriate than global strategies for firms which operate in what kind of situation?

Although there are a number of advantages to the increasing trend within business to decentralize and set up multiple headquarters throughout diverse parts of the world, there are several inherent drawbacks to this process that should ideally be avoided. A prudent analysis of both of these factors indicates that it is more advantageous to become a multi national company that not particularly if one does so in a way that is prudent.

In 2012 more than one thousand billion of people travelled around the world in vacations, according to world tourism organization (2013). Most of the people like to spend their time in vacations in another country by travelling. As a result, they will break their daily routine and become happier. Also, travelling helps the people who are suffering from depuration, releases the stress, and it can helps to develop people’s problem-solving skills. Travelling offers several benefits, unfortunately, not all of the people know how to prepare for travelling in vacations. Preparing for an organized and comfortable vacation involves three distant steps.