Companies that move material, people, or ideas acrossnational boundaries, exploit economies of scale and learningas well as pressure for responsiveness pursue:a) An international strategyb) A multidomestic strategyc) A global strategyd) A transnational strategy
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Companies that move material, people, or ideas across
national boundaries, exploit economies of scale and learning
as well as pressure for responsiveness pursue:
a) An international strategy
b) A multidomestic strategy
c) A global strategy
d) A transnational strategy
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- A company that is organized across international boundaries,with decentralized authority and substantial autonomy ateach business via subsidiaries, franch ises, or joint ventures,has:a) a global strategy.b) a transnational strategy.c) an international strategy.d) a multidomestic strategy.1. When the pressure for cost reduction (integration) and the need for differentiation (responsiveness) is low, which of the following strategies would be appropriate? a. Globalization strategy b. Transnational strategy c. International strategy d. Multi-domestic strategyAssume you are in charge of developing the strategy for an international company selling products in some 50 different countries around the world. One of the issues you face is whether to employ a multidomestic strategy, a global strategy, or a transnational strategy. a. If your company’s product is mobile phones, which of these strategies do you think it would make better strategic sense to employ? Why? b. If your company’s product is dry soup mixes and canned soups, would a multi-domestic strategy seem to be more advisable than a global strategy or a transnational strategy? Why or why not? c. If your company’s product is large home appliances such as washing machines, ranges, ovens, and refrigerators, would it seem to make more sense to pursue a multidomestic strategy, a global strategy, or a transnational strategy? Why?
- Which of the international operations strategies involves low-cost reductions and low local responsiveness? Select one: a. transnational strategy b. international strategy c. global strategy d. global strategy and. multidomestic strategyWhich of the following is the most unlikely element of a global approach to crafting an international strategy? A) Selling much the same products under same brand names worldwide B) Requiring local managers in host countries to stick close to the chosen global strategy C) Scattering plants across many countries, with each plant producing product versions for local area markets D) Minimal responsiveness to buyer tastes, cultural traditions, and market conditions in each country market E) Utilizing the same competitive capabilities, distribution channels, and marketing approaches worldwidePlease 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.One way to discover company’s resources and capability is by look into VRIO framework. Elaborate VRIO.
- Bulldogs Inc. wants to enter the global market. Which one may not be the reason in such decision? a. Essential materials and labor rates may be more expensive in other countries b. To broaden market and increase shareholder value c. production efficiency in other countries may result to economies and synergies that are favorable to the company d. To seek technologies not yet present in the home countryIn the international environment, firms use four basic strategies. These are an international strategy, a transnational strategy, a global strategy, and a: Select one: a. Transnational strategy b. Regional strategy c. Global strategy d. Multi-domestic strategya) 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…
- which of the international operations strategies involves low cost reduction and low local responsiveness? A. transnational strategy B. international strategy C. multidomestic strategy D. global strategy E. Worldwide strategy(1) If a multidomestic approach gives local managersthe most flexibility for responding to local marketconditions, why wouldn’t every international companyuse this strategy? (2) How might the choice of overallorganizational strategy affect a company’s staffingplans in each country?Q1. You are working as strategy consultant for a global (or multinational) firm. The firm wants to transition into a transnational structure. What are three key initiatives you will propose to the firm and why? Explain how these three key initiatives will facilitate the transition into a transnational structure.