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?
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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?
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- 3.a) What are Multinational Companies (MNCs) and why it is said that they hold ‘best practices’ and ‘state of the art’ technological and organisational knowledge?3.b) Let’s assume that you are the manager of a local company in your own country aiming at supplying goods and services to MNCs. What strategies would you introduce in order to maximise the benefits of partnering with MNC subsidiaries? Please explain fully.3.c) In a second scenario, assume you are the manager of a domestic rival company aiming at competing with MNCs. What processes and steps would you take to compete and remain in the market?3.d) In a third scenario, you are a policy advisor of the national government in your country. What actions and policies would you implement in order to create a facilitating environment for MNCs and to increase the potential to gain technological knowledge? Why?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.2- Despite being a widely diversified conglomerate, Samsung prefers vertical integration: in-house design and development teams, manufacturing in large company-owned factories, and coordinating a sprawling global supply chain. In contrast, Apple concentrates on the design (and retail sales) of high-end mobile devices, while it outsources its production to Foxconn and others. Do you think Samsung’s high degree of vertical integration contributed to its recent problems? Why or why not? Explain.
- a) What are Multinational Companies (MNCs) and why it is said that they hold ‘best practices’ and ‘state of the art’ technological and organisational knowledge? b) Let’s assume that you are the manager of a local company in your own country aiming at supplying goods and services to MNCs. What strategies would you introduce in order to maximise the benefits of partnering with MNC subsidiaries? Please explain fully. c) In a second scenario, assume you are the manager of a domestic rival company aiming at competing with MNCs. What processes and steps would you take to compete and remain in the market? d) In a third scenario, you are a policy advisor of the national government in your…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 pointsDoes IKEA have a truly global strategy, or just a series of regional strategies? Explain.
- Using the “Diamond Model” describe the key elements using Netflix’s global presence. Demand Conditions Factor Conditions Related and Supporting Industries Strategy, Structure, and Rivalry Select one of the types of international strategies that you believe applies to Netflix. Provide evidence and justification for your selection. Make sure to fill out the references slide for the information you are presenting.Global Sourcing 1) What is Global Sourcing in IKEA? 2) What are the associated procurement problems with Global Sourcing in IKEA? 3) What are the advantages with global sourcing in IKEA? How is it beneficial to IKEA's procurement & supply chain? Low Suppliers count as compared to competitors 1) What are the associated procurement problems with Low Suppliers in IKEA? 2) What are the advantages with Low Suppliers in IKEA? How is it beneficial to IKEA's procurement & supply chain?Find an organization that has gone global in the past 10 years. What's the name of the organization? Where is their headquarters located? What has been their motive? What were their strategies? Were there any challenges they faced? If so, how did they overcome those challenges?
- 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.One way to discover company’s resources and capability is by look into VRIO framework. Elaborate VRIO.Describe 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?Adopting a global vision can be very lucrative for a company. Explain how?