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Both questions please ! need done ASAP will give thumb up right away for being
correct!!
1)Firms which believe that adaptation and decentralization are needed to sell customized products to differing markets are said to have:
A) High pressure for local responsiveness
B) Low pressure for local responsiveness
C) High pressure for global integration
D) Low pressure for global integration
2)Which of these is NOT a type of reference group?
A) Dissociative
B) Membership
C) Aspirational
D) Descriptive
Step by step
Solved in 2 steps
- In Gass, 10-25 Minutes for Teams Assume you are thedirector of marketing for a U.S. firm that produces oneof the products listed below. Your firm is consideringgoing after the Indian market and is faced with thedecision of the bes! entry strategy. Should your firmsimply export their products, or would a strategic alliance, licensing, a joint venture, or direct investmentbe a better choice? Develop your ideas for a best entry strategy. Be specific in your recommendations fora strategy, how to implement the strategy, and yourreasons for your recommendations.Products:1. Tablets (similar to the iPad) targeting the consumermarket2. Expansion of your discount retail store chain3. Short-term (from an hour up) auto rentals1.What are some factors that make entry barriers low or high? How might low or high entry barriers affect the conduct of firms already operating in the market? Give examples. 2. Discuss how the degree of market concentration may be related to the speed of technical innovation. That is, are firms within industries of high or low concentration more likely to innovate quickly? How may market share and level of competition – low, medium, or high – be related to the presence or absence within firms of Research and Development? Give examples if you wish.In the report include all/most of the following topics for an industry/ firm of your choice. Explain for each topic, what methods/ strategies/ tools/ approaches would a firm adopt for establishing its foot in a foreign market. *** chose company is Coca-Cola 1. Target customers and size of target market - understanding customers in the new market 2. Industry structure and existing competitors - its effect on the firm and the firm's relative position to competitors 3. Environmental analysis and cultural effects - how to appeal the target audience 4. Partnerships - strategic foreign partnerships as a part of market entry? 5. Barriers to entry - plans to overcome major hurdles
- From the following, please identify the 2 statements that are true as well as the 2 statements that are false. A) Local responsiveness is the process of combining differentiated parts into a standardized whole. Global integration is the process of disaggregating a standardized whole into differentiated parts B) A differentiation strategy works well when a company can continually develop products that have unique features. C) The international strategy leverages a company’s core competencies into foreign markets D) Differences in local consumers’ preferences endure due to cultural predisposition, historical legacy, and endemic nationalism.3 Which of the following would be the ideal way for an analyst to identify peer companies?: Select one: A. Australian Stock Exchange. B. The Global Industry Classification Scheme. C. Australian Securities and Investments Commission. D. None of these choices.Top managers at Reebok looked at what Nike, New Balance, and smaller athletic shoe manufacturers like Majestic were doing to reach their chosen target markets and decided upon comparison that it wanted to risk targeting the hip-hop market. Reebok’s strategy is much more like the one implemented by New Balance. Unlike Nike, neither Reebok nor New Balance uses athletes as spokespeople for its products. Therefore, Nike would be an example of a _____, and New Balance would be an example of a _____ for Reebok. A. core firm; secondary firm B. secondary firm; core firm C. transient firm; secondary firm D. transient firm; core firm E. secondary firm; transient firm
- Topic - shaping Europe’s auto industry future - Chinese vs German EV car manufacturers 1. Write introduction to the problem.2. Analyse present situation - present and coming market volume and challenges - provide numbers3. Answer - what are the key strategies of chinese and german manufacturers for the following 10 years - use one of six or any other published concept of Strategic Management Concept.4. Conclude and share your opinion on the futureFormat:Word file, Times New Roman 12 or similar, 1.5 spacing, 2 pages.1. A company’s marketing mix will often be different for different countries based on each of the following except a. A country’s infrastructure and telecommunication b. The income or lack thereof of consumers in a country c. A country’s political level d. A country’s values, norms and local preferences 2. Managers may want to choose an expatriate when the following factors are true except; a. The corporate strategy is focused on global integration b. Immigration rules regarding foreign workers are restrictive c. Company – specific technology or knowledge is important d. Work rules regarding local workers are restrictive 3. Which of the following are not ways that Meredith Grey can chose to organize jobs at Sloan International: a. Type of customer b. Costs c. By products d. Job functionhelp asap please, give an correct and elaborated answer. 5. Describe the four different approaches to selection that an international organization might use. Which approach would be best to use for a company selling a high-tech product in a developing country?
- For a start-up carrier in the global airline business it is best to follow a ….. A) differentiation strategy B) low-cost leadership strategy C) niche strategy D) A, B, and C are correct depending on the marketCompanies pursuing a blue-ocean strategy attempt to find uncontested market spaces. Apple is described in the chapter as an example of a company pursuing and succeeding with such a strategy. Describe another example of a company that is successfully pursuing a blue ocean strategy?Discuss the cultural issues faced by Tesco in the Irish market1. You must utilize Hofstete Dimension to first assess Ireland with considerationof the products and services offered by Tesco.2. What challenges were faced by Tesco in the Irish market. This must be linked tothe relevant ethical issue as discussed in the course when addressing eachchallenge faced. Provide suggestions to alleviate each of the issues faced.1. N.B. Challenges were briefly mentioned in the case, you are to expandon these and make suggestions for the aspects not addressed.