. The integration-responsiveness framework is associated with four distinct strategies. Internationalizing firms pursue one or a combination of these. With the use of examples, briefly describe ANY TWO of these strategies.
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7. The integration-responsiveness framework is associated with four distinct strategies. Internationalizing firms pursue one or a combination of these. With the use of examples, briefly describe ANY TWO of these strategies.
A complete answer will include the use of an example to help support your explanation.
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- Based on this 'Crispy Krepe Doughnuts Inc 2015'. Write a introduction about the company’s background using your own words. Briefly explain and describes the company’s background, including its industry and extent of its multinational reach for identifying expansion factors and corporate strategies with explanation.Select an organization the team is familiar with and which has a global presence.General motorsManagement in the team’s organization has recognized the effect of changes in the real-world competitive environment and government policies on other industries and anticipates similar events occurring in their industry, so they ask you for a report considering the following points.Createa 3 to 4-slide PowerPoint® presentation in which you describe or explain how each of the following are or potentially will affect General motor :The effect of global competition on the decisions made by management with regards tochange in labor demandsupply relations with unionsRecommend how the organization you chose may respond to each of the previous pointsAnswer all questions A) With relevant examples, compare the absolute advantage theory and the Comparative Advantage theory. What lessons can be learnt from these theories? B) Understanding the beliefs, values, behaviour and material objects that together form a people’s way of life is crucial in International Business. Examine the various aspect of culture that an International Business Manger should consider and how they affect business strategy. C) In the quest to transform the Ghanaian economy, the Government of Ghana introduced the Ghana Free Zones Programme. Critically examine how this programme has added value to the economy of Ghana.
- Share some advantages or disadvantages of the following organizational structure in global marketing: 1. Product, 2. Area, 3. Customer, and 4. T-shaped organization structure. - List in bullet points and discuss. 2. Share your views on How (i) Government regulation, (ii) Nontariff barriers, (iii) cultural, (iv) economic status of potential users, and (v) climate/geography impact product adaptation decisions. - List one statement for each of the above-listed factors - Must list in Bullet points format and discuss each point.with citation and references, explain how toyota apply innovation to their international operation strategyLet’s assume that you are the manager of a local company in your owncountry aiming at supplying goods and services to MNCs. What strategies wouldyou introduce in order to maximise the benefits of partnering with MNCsubsidiaries? Please explain fully.
- help asap please, give an correct and elaborated answer. 3. What are the stages that companies go through from being a non-global company to being a true global multinational company? What is the most difficult stage, why?1. If you were a manager for Baskin-Robbins, how would you evaluate a request from a local partner in India to add sugar-cane-flavored ice cream to its menu? What cultural factors would you look at? 2. Do you think Dunkin’ Brands should let local operators make their own decisions regarding flavors for ice creams, donuts, and other items to be sold in-country? How would you recommend that the company’s global management assess the cultural differences in each market? Should there be one global policy?Please elaborate as much as you can .Subject Global Strategic ManagementCompany needs to know its resources and capability in order to know it strengths and weaknesses. To stay competitive, a company should always review its value chain. A value chain describes the process by which businesses receive raw materials, add value to the raw materials through various processes to create a finished product, and then sell the end products to customers.Explain primary activity in value chain. Give example for each activity.
- a) What are Multinational Companies (MNCs) and why it is said that they hold ‘best practices’ and ‘state of the art’ technological and organisational knowledge? b) Let’s assume that you are the manager of a local company in your own country aiming at supplying goods and services to MNCs. What strategies would you introduce in order to maximise the benefits of partnering with MNC subsidiaries? Please explain fully. c) In a second scenario, assume you are the manager of a domestic rival company aiming at competing with MNCs. What processes and steps would you take to compete and remain in the market? d) In a third scenario, you are a policy advisor of the national government in your…Characteristics of Multinational companies are - 1. Produce (rather than just distribution) abroad as well as in the headquarters’ country 2. Operation in a certain number of nations 3. It maintains complete industrial organizations 4. Have a certain minimum number of foreign to total number of employees, or of the foreign total value of assets 5. Possess a management team with geocentric orientations 6. Directly control foreign investments Q. Discuss those characteristics of Multinational companies?1. The fundamental nature of global competitiveness points to scarcity of capital and market volatility which requires strategists to constantly use innovative means to attaining vison of a Company. Using the industrial organization (I/O) Model and the strategic management process, explain what Ghanaian firms can do to achieve Above-AverageReturns (AAR) under a regime of global hyper competition in the 21st Century. 2. In this case, you have been hired as a strategist with a mandate to apply Resource Based Model (RBM) of AAR, explain what a Ghanaian firm can do to achieve Above-AverageReturns (AAR) taking into consideration the impact of COVID-19 on that industry of your choice