In what kind of industries does a localization strategy make sense? Why? When does a global standardization strategy make the most sense? Why?
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In what kind of industries does a localization strategy make sense? Why? When does a global standardization strategy make the most sense? Why?
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- On what moral or legal grounds can a single nation inhibit or prohibit other countries from developing new technologies that can challenge their monopoly on these technologies?Why and when might a company wish to use a strategic alliance for international expansion?In a world where transporting goods and services across borders is costless, it becomes much easier for firms to access foreign markets. This would eliminate a major barrier that many companies face when considering international expansion. Firms can now export their products to foreign markets without worrying about expensive shipping costs, making it financially viable to target new customers in different countries. The absence of trade barriers, such as tariffs, quotas, and regulatory restrictions, further enhances the feasibility of international expansion. Trade barriers typically increase the cost of doing business across borders and can limit market access. With no such barriers, firms can freely engage in cross-border trade, increasing their market reach and diversifying their customer base. In a world with significant variations in factor conditions, such as labor, capital, natural resources, technology and infrastructure, firms can benefit from international expansion by…
- Should an MNC alter its ethical standards to accommodate a host country in order to successfully compete internationally? Why or why not? What are the ramifications of an incorrect decision?What is an argument expressed to counter infant industry rationale for protectionism? Group of answer choices The protectionism intended to be short-term often extends further than planned. Trying to create a comparative advantage is typically less successful than investing in industries that already have a comparative advantage. The industry typically fails to be worth investing in, and thousands of jobs are lost. Government intervention in international trade is rarely successful.What forces may be at work in giving the MDGs such a high profile in international economic relations?
- Assume now that the company would like to internationalise, explain the typical process in which the firm can take to develop its interdependence with foreign markets.A subfield of political science, the study of the interactions among the various actors that participate in international politics is called :How should a U.S. firm that currently exports to only ASEAN countries respond to the creation of a single market in this regional grouping?
- International Dualism and Domestic Dualism are merely different manifestation of the same phenomena .What is meant by this. Is valid conceptualization? Why or Why not.In the context of governance and politics, internationalism which was coined by Jeremy Bentham is supported by which statement?Explain the reasons that motivate leaders to develop and implement internationalization strategies. Present a table in which you compare the following strategies: global, multidomestic, international and transnational.Present the advantages and disadvantages of the forms or modes of entry into the international or global market.
