There are four primary international strategies. Write a paragraph explains why they are important strategies for a business? International Multi-domestic Global Transnational
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There are four primary international strategies. Write a paragraph explains why they are important strategies for a business?
- International
- Multi-domestic
- Global
- Transnational
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- Why should you care about international business? Describe theinternational business environments Kodak faced. What are yourthoughts on the issue? Explain.Discuss the multi-disciplinary nature of international business. Doyou agree with the comment that “The ‘international’ in ‘internationalbusiness’ is superfluous because globalization has meant that allbusiness is to some degree international”? Please justify yourresponse.1. What is globalisation? 2. Discuss two (2) advantages and two (2) disadvantages of globalisation. 3. Utilising Hofstede’s Cultural Dimensions, state the differences in culture between Brazil and Russia? 4. How would you recommend a company deal with the differences in culture when operating in Russia and Brazil?
- The methods of engaging in international business may be categorized as eitherdirect or indirect. How would you classify each of the methods of internationalbusiness? Briefly explain under what conditions should each of these methodsbe used?Set up a company that is expanding from local market to international business. 1) What is the entry strategy to penetrate international market? 2) Explain your company's entry mode such as below: -Exporting -Turnkey Projects -Licensing -Franchising -Joint Ventures -Wholly Owned Subsidiaries -Strategic Alliances 3) What are the Core Competencies during the entry Mode? 4) Explain the Advantages, disadvantages, challenges facing your international trade from the perpective such as below: - Political Policies - socioeconomic impact - trade barriers - organization competitive advantageSubject: McDonald's and its expansion to the market in Japan Assuming you are the CEO or president of the company, justify the internationalization of the company as a response to globalization. Explain each of the cases in terms of what the multinational companies McDonald's were looking for and the results obtained. Describe the cultural realities faced by McDonald's and their relationship with the cultural dimensions of Hofstede and Trompenaars.
- Discuss two (2) advantages and two (2) disadvantages of globalisation. 3. Utilising Hofstede’s Cultural Dimensions, state the differences in culture between Brazil and Russia? 4. How would you recommend a company deal with the differences in culture when operating in Russia and Brazil?Discuss the following internationalisation strategies and identify TWO risks associated with each of the strategies: 1. Home Replication strategy 2. Global strategy 3. Multidomestic/Multinational strategy; and 4. Transnational strategy1.Please explain the different stages of Uppsala model of international business involvement or international expansion into foreign markets and summarize its limitations? 2.What are Born Global firms and how such firms internationalization challenged the Uppsala model of international business development?
- “…Nature of the market opportunity, firm’s resources and managerial philosophy affect internationalisation in the business strategy approach, and market selection will result from an evaluation of factors like market attractiveness, psychic distance, accessibility and informal barriers…” Source: (Root, 1987; Turnbull and Ellwood, 1986). Referring to the above statement, critically analyse how international marketers screen emerging markets. Reference should be made to both: (a) General and(b) Specific.1. What is globalisation? 2. explain two advantages and two disadvantages of globalisation. 3. Utilising Hofstede’s Cultural Dimensions, state the differences in culture between Brazil and Russia?What is globalization and the importance of globalization? Why should Russia and Eastern Europe be of interest to an international manager?”