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Why do we have international strategic alliances? What are the forms and their respective advantages and disadvantages?
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- Why did McDonalds choose to use strategic alliances to enter India? Why not use exporting or other means?Why do organizations need to make international strategic alliances? Explain the important factors for each alternative market-entry strategy.Organizations choosing to enter global markets have several strategies available, including exporting, licensing, joint ventures, direct investment, and importing. What are the advantages and disadvantages of each strategy?
- How should the organisational framework for international transactions be designed and how these variables interact? How do you coordinate a global strategy?Regardless of strategy, most international businesses want to increase their market share, revenues, and profits. They often accomplish these goals by entering new markets or launching new goods into markets where they already have a presence. The ability of a firm to accomplish this successfully is dependent on its developing a thorough understanding of a certain geographical or product market. Firms must typically take three stages to effectively expand their market share, revenue, and profits: (1) evaluate alternative markets, (2) evaluate the costs, benefits, and risks of entering each, and (3) select those with the greatest potential for entry or expansion. Discuss FOUR (4) modes of entry that digital firms may employ to enter the ecommerce China market. Support a case with an example of a successful company doing it.How is a joint venture a quick and relatively inexpensive way to go global and to gain needed expertise? Explain with an example?
- Increased global interaction has been promoted by advanced technology in communication, ideas and culture, which largely encourages and facilitates international trading. Businesses go abroad in seeking better financial incentives, stronger networks, and markets of opportunities. But at the same time, the complexities in terms or risks involved in international operation are more than domestic firms -Discuss how to manage cultural risks and other factors related to a foreign operation of a multinational business. Is cultural, business, or political risk more challenging to overcome than one of the others? Why or why not? How should American standards influence multinational businesses?Prepare to discuss emerging transnational strategy models by considering the following scenario: 1. Assume you are a resident of local community the top management team of an multinational enterprise (MNE). The firm has decided to expand into foreign country and has selected your local community as its first point of entry. 2. Discuss the emerging transnational strategic models that MNEs can and must adopt to be successful.TATA Sons is a 100 years old company internationalized itself by acquiring foreign automobile brands Jaguar and Range Rover. Another Indian automobile company Mahindra internationalize acquiring foreign automobile brand adopting the same route. What problem do you feel these company would have face when they wish to acquire foreign brands? What are the favorable conditions required for acquisition? Suggest the most suitable way for the other Indian company to internationalize.
- Discuss the effects of various forms of technology on internationalbusiness. What role does the Internet play? Where is all this leading? Explain the meaning of the “appropriability of technology.”What role does this play in international competitiveness? Howcan managers protect the proprietary technology of their firms?What are the three basic benefits firms can gain by successfully implementing an international strategy? Why?What are the major challenges and opportunities for internationalbusiness operations in the 21st century? Please explain.