Why might a firm be a slow internationalizer? Give an example of a slow internationalizer?
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Why might a firm be a slow internationalizer? Give an example of a slow internationalizer?
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- What has the role of the Internet had on international business?Q.No.2 (a) Take a company of your own choice and pass it through the internationalization process. Describe the characteristics of the company, its market, sector, and the mode of internationalization it choose. Give reasons for your answer. The company you choose should be new and assumed/hypothetical. It should not be an existing companyDiscuss this statement: "Internationalization is a relevant strategic option for high-tech venture expansion and growth." What makes this statement true? What facts support this statement?
- What are the three (3) stages of Internationalization? A)Exporting, Sales Subsidiary & Foreign Production B)Exporting, Joint Venture & Foreign Production C)Exporting, Joint Subsidiary & Local Production D)Exporting, Sales Subsidiary & Local Production,Identify and explain any three risk factor barriers that commonly hinder a firm’s internationalization efforts. How would your firm, or a firm of your choice manage these risks?How do businesses in your country manage their international marketing activities? Study two local companies and discuss their international marketing strategies. (AACSB: Written and Oral Communication)
- What key obstacles can you identify in the internationalization (achievement of “world class” university status) of your institution? (e.g. lack of funds, support, interest/time, or capacity)?Studying international business is important for all the following reasons except for ________. A) It explains why a government is motivated by profit. B) An understanding helps you decide what governmental policies to support. C) The best way of conducting business may differ by country. D) It helps managers to decide where to find resources and to sell. E) Modes of operations may differ from those used domestically. F) Most companies are either international or compete with international companies. G)An understanding helps you make better career decisions.Based on your understanding of Internationalization, critically analyze the various modes of entry utilized by Nokero, Justify your answer.
- Which mode of entry is likely to create a competitor when knowledge is shared? Select one: a. Exporting b. Licensing c. Turnkey Projects d. Franchising1. illustrate the flow and give a full explanation of when a firm is interested in entering a foreign market.International marketing is more complex than domestic marketing. Provide three reasons why that is the case and support your answers with examples.