Explain and offer an example of each of the three major global strategies that are worked at the corporate level: growth, reduction (entrenchment) and stability.
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2. Explain and offer an example of each of the three major global strategies that are worked at the corporate level: growth, reduction (entrenchment) and stability.
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- 1. Contrast competitive advantage with competitive rivalry. How do you get a competitive advantage?2. Explain and offer an example of each of the three major global strategies that are worked at the corporate level: growth, reduction (entrenchment) and stability.Assume you are in charge of developing the strategy for an international company selling products in 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. If your company's product is mobile phones, which of these strategies do you think it would make better strategic sense to employ? Why? If your company's product is dry soup mixes and canned goods, would a multidomestic strategy seem to be more advisable than a global strategy or a transnational strategy? Why or why not? 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?2- Despite being a widely diversified conglomerate, Samsung prefers vertical integration: in-house design and development teams, manufacturing in large company-owned factories, and coordinating a sprawling global supply chain. In contrast, Apple concentrates on the design (and retail sales) of high-end mobile devices, while it outsources its production to Foxconn and others. Do you think Samsung’s high degree of vertical integration contributed to its recent problems? Why or why not? Explain.
- 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?What are the reasons why even big firms(MNCs) like Sony , must deal with risks and uncertainties in global business. Explain three possible reasons.Assume that you are in charge of developing the strategy for a multinational company selling products in some 50 countries around the world. One of the issues you face is whether to employ a multidomestic, transnational, or global strategy. LO7-2, LO7-3 Page 149If your company’s product is mobile phones, do you think it would make better strategic sense to employ a multidomestic strategy, a transnational strategy, or a global strategy? Why? If your company’s product is dry soup mixes and canned soups, would a multidomestic strategy seem to be more advisable than a transnational or global strategy? Why or why not? 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 or a transnational strategy or a global strategy? Why?
- Krispy Kreme Doughnuts, Inc., 2015 www.krispykreme.com, KKdCopyright by Fred David Books LLC. www.strategyclub.com (Written by Forest R. David) You are required to read the case study from the given above: Write a summary about the company’s background using your own words. - Explain clearly and describes the company’s background, including its industry and extent of its multinational reach for identifying expansion factors and corporate strategies.3.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?3.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.3.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?3.d) In a third scenario, you are a policy advisor of the national government in your country. What actions and policies would you implement in order to create a facilitating environment for MNCs and to increase the potential to gain technological knowledge? Why?Does IKEA have a truly global strategy, or just a series of regional strategies? Explain.
- Adopting a global vision can be very lucrative for a company. Explain how?What are the basic differences between a domestic strategy and an international strategy? Week 2. Reading: Part 3 - Chapter 11 & 12 (Page 326-354. Griffin, R.W. & Pustay, M.W., International Business – A Managerial Perspective, Prentice Hall; 8th ed. (2014).3 How can IBM communicate its strategy to compa- nies, cities, and governments?