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- Who’s to blame?A Southern African company, Selebeas Parts Pty Ltd was founded in 2000 by four business friends, who were retrenched from a well known car manufacturing company. They each specialized in different areas. Thomas was made the Chief Executive Officer because of his International business exposure and global network that he built up over the years. They decided to manufacture vehicle body parts and bought a declining factory. A few changes were made to get themselves into production.Thomas spent several weeks overseas sourcing contracts and was lucky enough to secure a huge contract with Nigerian Government in North West Africa to manufacture bonnets and doors for luxury Nigerian built cars.It will be expected to Nigeria until a subsidiary factory was built and staffed in Nigeria. This would put Selebeas on the road to success because it was a multi-billion rand contract. A South African expatriate would then be appointed as a General Manager, while ten South African…1. “Entities engaged in International Business often face more difficulties then the entities whichconduct Domestic Business.” – Critically evaluate the statement.) Based on an international business perspective, explain the types of the companies in those industry whether they operate locally, internationally or globally. 2) Identify and explain the trends of these industry. What are the advantages and disadvantages? 3) If you become an international businessman, which industry would you penetrate in and why.
- Which of the following best characterizes a transnational corporation? a. A company that eliminates geographical boundaries b. A loose alliance of totally separate, wholly independent companies c. An organization in which multiple operations function with a large degree of autonomy d. A single central home-country managementIdentification. Give the correct terms as described per number. no need for explanation 1. Company operates in various geographical locations and makes an entry into the global market. 2. Company takes over the functions of suppliers and distributors. 3. Company purchases most of the requirements from outsiders. 4. A cost-cutting mechanism to address a decline in profit because of a decrease in sales. 5. A company is not yet critical in terms of finances but intends to improve its operational efficiency. 6. A company that takes 100 percent control of the value chain. 7. Misleading financial information or hiding a health risk created by the company. 8. A company enters another industry that is not related to the industry where it presently belongs. 9. Business is selling the entire company, including all the business units and divisions. 10. Company gives up its management to a court and settles some financial obligations in return. 11. Guiding the company toward future goals…Provide explaination 1 Malaysian based companies and 1 US based companies that was involved in Mergers and Acquisitions. Make sure that the companies is in the same industry when involved in the same classification. Both with same scope nature of business US and Malaysia company for each must classification of Vertical topics to be discussed in the report. 1) background of the company. - eka (US and Malaysia) 2)reason the company involved in M&A (US and Malaysia) 3) effect after M&A (US and Malaysia
- You are a successful entrepreneur operating a local business for the last five years in your chosenindustry. Since your business has grown over the years you have now decided to take your businessoverseas and are considering two options. The first is to enter another Asian country with yourproduct/service and the other is to enter a country in Europe. Choose ONE of the two chosen countries and the organization above, explain how thefollowing international business theories can be used when making the decision to gointernational? Please include the limitations of these theories and how they can impact internationalexpansion. 1. Raymond Vernon’s product life cycle2. John Dunning’s eclectic theory3. Porters Diamond model4. Johanson and Vahlne’s Uppsala model5. Hofstede's cultural dimensions theory modelTechnically, a born-global firm is a new venture that acts to satisfy a global product niche from day one. While various definitions of born-global firms have been proposed, this definition of born-global firms fits best with the entrepreneurship literature. This definition focuses on the creation of new ventures that are international by design and not by slow, steady emergence. Thus, when talking about born globals, the focus is on startup that start operating globally from inception and, therefore, excluding those firms that have progressively expanded domestic activities to include international activities. So within this context, please identify from the following a hallmark characteristic of a born global firm. A) Becoming an international competitor in between 5-7 years. B) From inception, seeks to derive significant competitive advantage from the use of typically knowledge-based resources and the sale of outputs in multiple countries. C)Adopting a global perspective…Technically, a born-global firm is a new venture that acts to satisfy a global product niche from day one. While various definitions of born-global firms have been proposed, this definition of born-global firms fits best with the entrepreneurship literature. This definition focuses on the creation of new ventures that are international by design and not by slow, steady emergence. Thus, when talking about born globals, the focus is on startup that start operating globally from inception and, therefore, excluding those firms that have progressively expanded domestic activities to include international activities. So within this context, please identify from the following a hallmark characteristic of a born global firm. Group of answer choices A) Becoming an international competitor in between 5-7 years. B) From inception, seeks to derive significant competitive advantage from the use of typically knowledge-based resources and the sale of outputs in multiple countries.…
- create a report that achieve the following objectives:Knowledge1. Describe the international business environment in the Caribbean.2. Evaluate the environment in which international business is conducted.3. Differentiate the international opportunities and challenges facing Caribbean firms.4. Identify current issues affecting the conduct of international business, particularly forCaribbean firms.5. Evaluate the impact of globalization on strategy formulation and implementation ofCaribbean businessesSkills6. Formulate an international strategy including applying different modes of entry into aforeign market for an existing or fictitious company.7. Integrate issues of cultural and societal diversity into the international business decisionprocess.8. Develop strategies for leveraging cultural diversity into business operationsAttitudes9. Appreciate the implication of current world events for the practice of international business. choose a product from a corporation and assess the…create a report that achieve the following objectives:Knowledge1. Describe the international business environment in the Caribbean.2. Evaluate the environment in which international business is conducted.3. Differentiate the international opportunities and challenges facing Caribbean firms.4. Identify current issues affecting the conduct of international business, particularly forCaribbean firms.5. Evaluate the impact of globalization on strategy formulation and implementation ofCaribbean businessesSkills6. Formulate an international strategy including applying different modes of entry into aforeign market for an existing or fictitious company.7. Integrate issues of cultural and societal diversity into the international business decisionprocess.8. Develop strategies for leveraging cultural diversity into business operationsAttitudes9. Appreciate the implication of current world events for the practice of international business.Would it be better for you to merge with a company that has international ties? What would be the benefits and limitations of doing so?