MARKETING
7th Edition
ISBN: 9781260087710
Author: Grewal
Publisher: RENT MCG
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Chapter 8, Problem 6MA
Summary Introduction
To discuss: Examples of companies which use glocalization strategy.
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What are some examples of companies that use a glocalization strategy?
What are the factors that drive successful obal sourcing programs, and what do you feel are the biggest obstacles to global sourcing?
Kindly answer this 1-5 es:say below. Please make answer unique and not plagia;;rized thank you
3. Compare the advantages and disadvantages of various modes of entering foreign
markets.
4. Why do we have international strategic alliances? What are the forms and their
respective advantages and disadvantages?
5. Why is language and religion considered cultural stabilizers?
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- Export/Import Business Licensing Franchising Strategic Alliances Joint Ventures Foreign Acquisitions Wholly – Owned Foreign Subsidiaries Provide a real-world example of an organization that utilized the choicearrow_forward6-The most difficult and complex issue the globalizing firms face is ? a. The cultural factors. b . The marketing tools . C. The partnering agreement . d. The supply chain management .arrow_forwardWhy do organizations need to make international strategic alliances? Explain the important factors for each alternative market-entry strategy.arrow_forward
- 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?arrow_forwardDescribe the strategies of globalization and regionalization. When can each strategy be used most effectively?arrow_forwardAre international strategies always just a special case of diversification strategies that a firm might pursue? What, if anything, is different about international strategies and diversification strategies?arrow_forward
- 14 Give at least 3 reasons why; A company may decide to become a global player.arrow_forwardWhat are the methods by which a firm can organized for and enter into international markets?arrow_forwarddiscuss some general strategic considerations regarding multinational strategy when choosing a entry mode strategyarrow_forward
- A multinational or multicountry strategy entails A) giving local managers considerable autonomy and often producing different product versions for different countries. B) pursuing strong product differentiation and competing in many buyer segments. C) extensive efforts to transfer a company's competencies from one country to another so as to keep entry costs into new country markets low. D)a narrow product line aimed at serving buyers in the same segments of country markets worldwide. E) aggressive efforts to build a strong profit sanctuary in every country market where a company opts to compete.arrow_forwardIn terms of countries chosen and entry modes, how should Better Generation grow its international strategy?arrow_forwardconduct a comprehensive study of the international businessenvironment of the United States of America, that is, the geography, history, politics, government, economics, and culture.State reasons why you think a locally Home-made garlic sauce will be sold profitably. Propose a strategy for internationalization. Lookingparticularly at entry strategies like exporting, licensing agreements and franchising, partnering and strategic alliances,acquisitions and establishing new, wholly owned subsidaries that could be utilized.1. Hofstede’s dimensions with scores must be included as part of theanalysis.arrow_forward
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