Please elaborate as much as you can .Subject Global Strategic Management Company 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.
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Please elaborate as much as you can .Subject Global Strategic Management
Company 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.
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- Please 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.Explain primary activity in value chain. Give example for each activity.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.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?
- Please elaborate as much as you can .Subject Global Strategic ManagementIndustry-based view is an area where managers analyze the degree of competitiveness in the industry. When a company knows its industry competitiveness, manager shall align company’s strategy against or parallel with the industry.What does a manager analyze in “threat of new entrants” and “bargaining power of suppliers” in Michael Porter’s 5 Forces framework?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?Prepare to discuss the use of newer strategic models. Ensure the following question is addressed. Why is it necessary, in global competitive environment, that multinational enterprizes (MNEs) rely on newer models instead of simple models of centralized or localized innovation?
- 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?Select an organization the team is familiar with and which has a global presence.General motorsManagement in the team’s organization has recognized the effect of changes in the real-world competitive environment and government policies on other industries and anticipates similar events occurring in their industry, so they ask you for a report considering the following points.Createa 3 to 4-slide PowerPoint® presentation in which you describe or explain how each of the following are or potentially will affect General motor :The effect of global competition on the decisions made by management with regards tochange in labor demandsupply relations with unionsRecommend how the organization you chose may respond to each of the previous pointsAnswer 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.
- 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).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 marketsDescribe the current global strategy for Estee Lauder and provide evidence about how the firm’s resources andcompetencies support the pressures regarding costs and local responsiveness. Describe entry modes they haveusually used, and whether the modes are appropriate for the given strategy. Should the company go global? If so,what do they need to consider. If not, why?