In the international environment, firms use four basic strategies. These are an international strategy, a transnational strategy, a global strategy, and a: Select one: a. Transnational strategy b. Regional strategy c. Global strategy d. Multi-domestic strategy
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- We discussed three (3) types of international strategies, namely multi-domestic, global and transnational strategy. 1. Conduct an evaluation of the strategies to determine which strategy a local firm in your country that wishes to enter an international market should utilise. The name of the local firm should be included and the market they wish to enter should be specified.Assess the following corporate global strategies:a. Global standardization strategyb. Transnational Strategyc. Regional strategy, andd. Localisation strategygive meaning for the terms: Multi-domestic Strategy, transnational business strategy and global business strategy. give examples of each. say which of the following is best to use in the marketing of a locally made garlic product to the US market. include the differences that will arise from business to internal strategy. ( market variations, cultural differences etc.)
- Which of the following best describes an advantage of a global strategy? A) the ability to use a decentralized organizational structure B) a lack of need to conduct product and market research C) an easier way of monitoring individual markets D) cost savings through economies of scale in production E) advantages over competitors in differentiation strategiesConduct an evaluation of the strategies to determine which strategy a local firm in your country that wishes to enter an international market should utilise. The name of the local firm should be included and the market they wish to enter should be specified. 2. Comment on two (2) potential advantages and two (2) disadvantages of the strategy suggested.Which of the following is one of the generic strategies through which a manager can create a firm’s competitive advantage? a. Differentiation strategy b. Global strategy c. Transnational strategy d. Market-entry strategy
- Three (3) types of international strategies, namely multi-domestic, global and transnational strategy. 1. Conduct an evaluation of the strategies to determine which strategy a local firm in your country (Jamaica) that wishes to enter an international market should utilise. The name of the local firm should be included and the market they wish to enter should be specified. 2. Comment on two (2) potential advantages and two (2) disadvantages of the strategy suggested. *Please answer questions 1 and 2 above. RegardsIdentify, in the correct order, the key steps which must be followed when developing a global strategy: a. Develop the core strategy, internationalize the core strategy, globalize the core strategy b. Decide whether to globalize, where to globalize, internationalize the core strategy c. Decide whether to globalize, where to globalize, how to globalize d. Develop the core strategy, locally market the core strategy, internalize the core strategyWhich of the international operations strategies involves low-cost reductions and low local responsiveness? Select one: a. transnational strategy b. international strategy c. global strategy d. global strategy and. multidomestic strategy
- When a company operates in the markets of two or more different countries, and important strategic issue is A) how many profit sanctuaries to try to establish. B) choosing which foreign companies to team up with via strategic alliances or joint ventures. C) whether to vary the company's competitive approach to fit specific market conditions and buyer preferences in each host country or whether to employ essentially the same strategy in all countries. D) whether to use cross-market subsidization to help defeat its rivals. E) whether to test the waters with an export strategy before committing to some other competitive approach.1. When the pressure for cost reduction (integration) and the need for differentiation (responsiveness) is low, which of the following strategies would be appropriate? a. Globalization strategy b. Transnational strategy c. International strategy d. Multi-domestic strategyPlease let me know which is the correct option:Identify, in the correct order, the key steps which must be followed when developing a global strategy: a. Develop the core strategy, internationalize the core strategy, globalize the core strategy b. Decide whether to globalize, where to globalize, internationalize the core strategy c. Develop the core strategy, locally market the core strategy, internalize the core strategy d. Decide whether to globalize, where to globalize, how to globalize
