Are international strategies always just a special case of diversification strategies that a firm might pursue? What, if anything, is different about international strategies and diversification strategies?
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Are international strategies always just a special case of diversification strategies that a firm might pursue? What, if anything, is different about international strategies and diversification strategies?
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- What are the three basic benefits firms can gain by successfully implementing an international strategy? Why?If international expansion is the most important strategic trend of the twenty-first century, should every organisation, even the smallest, develop international strategies? If so, what strategies might be adopted by (a) a mediumsized engineering company based primarily in one part of the world, such as Europe, and (b) a major grocery retailer whose sales are mainly in one country?Which opportunities and outcomes of international strategy are Ikea's top management attempting to capitalize on? If you were to make a suggestion to its management for the future direction of Ikea with respect to international diversification, what would it be?
- 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?1. Explain the varying types of international strategies Nestle can choose from when pursuing the international expansion of its business operations as discussed in the course. Of the strategies discussed which strategy is Nestle utilizing?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?
- The methods of engaging in international business may be categorized as eitherdirect or indirect. How would you classify each of the methods of internationalbusiness? Briefly explain under what conditions should each of these methodsbe used?International managers also need to be aware of how government policy decisions can impact strategic choices for firms. What government policy decisions impact an international firm's strategic investment choices?Increased 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?