international expansion
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How does one explore a country's differences in political, legal, tech, ethics, and culture? Especially about PESTEL, CAGE, SWOT, and Scenario Planning.
Discuss how the tools can be useful in international expansion? What is the benefit of these frameworks for a firm considering international expansion?
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- HiWhat are the key issues that need to be considered in determining global expansion?1. What are the stages of International Development? 2. How can an expat program be improved to the benefit of the organization? 3. Why is strategic flexibility important for strategy formulation when an organization is at the growth stage?Suppose DAK Corporation plans to open its factories in Brazil, where culture and socio-economic context isdramatically different from other countries. Critically examine the strategic options you will adopt as a Global StrategyHead of DAK Corporation if Brazil is considered as a Turbulent and High Velocity Market. Your answer should includeelaborate analysis of the moves DAK corporation needs to follow in order to succeed in such markets
- Adopting a global vision can be very lucrative for a company. Explain how?This question has two parts; be sure to answer both. First, describe the five benefits for companies of expanding internationally. Second, imagine that you are the CEO of REDO, a highly successful company that remodels and redecorates houses in the United States. The company also manufactures its own line of furniture, draperies, and home furnishings. For each of the five benefits, give a specific example of how REDO might take advantage of these benefits.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?
- Answer all questions A) With relevant examples, compare the absolute advantage theory and the Comparative Advantage theory. What lessons can be learnt from these theories? B) Understanding the beliefs, values, behaviour and material objects that together form a people’s way of life is crucial in International Business. Examine the various aspect of culture that an International Business Manger should consider and how they affect business strategy. C) In the quest to transform the Ghanaian economy, the Government of Ghana introduced the Ghana Free Zones Programme. Critically examine how this programme has added value to the economy of Ghana.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.In reaching global markets outside the United States (a) what are some criteria that Prince should use to select countries in which to market aggressively, (b) what three or four countries meet these criteria best, and (c) what are some marketing actions Prince might use to reach these markets?
- (1) What thoughts/ideas do you have about Dubai? (2) What thoughts do you have about the business or religious environment? (3) What is proper business attire there? (4) How might the climate and/or location impact business? Think about those things, then watch the video below. After watching the video, answer the questions above. Discuss your thoughts before and after watching the video. Specifically, discuss if any of your perceptions changed.What advantages would the national company have by going international? Provide an example.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?