A transnational strategy to internationalization is best characterized by which of the following? A) adjustable plans driven by local managers B) local responsiveness with central control C) operations determined local partners D) identical cross border strategies and operations
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- Which one of the following is an external influence of International Business Managers a. Product design and standards b. Production plant location Supply chain linkages d. Host county monetary policyTesco relies heavily on, ‘localization’ in Japan. Based on the international businessstrategies discussed in the course, clearly state by name, the international businessstrategy which TESCO is utilizing in Japan. Discuss the benefits and risks associatedwith this strategy. What alternative international business strategy will you suggest forTesco in Japan and why? You are to discuss all other international business strategiesas addressed in the course before indicating your suggestion.companies expanding across borders are faced with the choice of either standardizing or localsing, Which of the following are factors driving Localisation? A) mode of operation abroad B) institutional environment C subsidiary role D) all of the above
- 4 Which of the following is NOT one of the factors that operate in the technological environment? Select one: a. Sources of technology such as indigenous R&D, foreign source, cost of transfer and collaboration of technology, and cost of technology acquisition b. Supplier and customer relationships affecting the value chains c. Impact of technologies on human beings, impact on environment, man-machine interface. d. Technology development, rate of change of technology and stages of technology development.If a multidomestic approach gives local managers the most flexibility for responding to local market conditions, why wouldn’t every international company use this strategy?a) Cross-cultural analysis is very difficult for many reasons. Make a chart of 5 differences in cultures between the two countries, Italy and Bangladesh respectively. Provide with 5 examples of the basic issues that the company must consider when planning this cross-cultural business initiative.
- An organization may adopt four generic internationalisation strategies towards its global operations. Comment with suitable examples.6-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 .Compare and contrast a global, regional, and local strategy. Discuss some advantages and disadvantages of each method.
- In relation to generic internationalization strategies, a ____ firm would have a high degree of global integration and high extent of local responsiveness. a. Transnational b. Global c. Multi domestic d. Domestic26. The most difficult and complex issue the globalizing firms face is a. The marketing tools. b. The cultural factors. Oc. The partnering agreement d. The supply chain managementWhat are the arguments for standardization of marketing strategies in the global marketplace? What are thearguments for localization? What are some ways a firmcan standardize or localize its marketing mix?