Many firms begin global expansion by moving from less risky venturesinitially to riskier ventures in later years. Which of the following globalentry strategy progressions would characterize that type of evolution? a. Direct investment to strategic alliance b. Strategic alliance to exporting c. Exporting to strategic alliance d. Joint venture to strategic alliance e. Direct venture to joint venture
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| Many firms begin global expansion by moving from less risky ventures initially to riskier ventures in later years. Which of the following global entry strategy progressions would characterize that type of evolution? a. Direct investment to strategic alliance b. Strategic alliance to exporting c. Exporting to strategic alliance d. Joint venture to strategic alliance e. Direct venture to joint venture |
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- 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.What are some factors that make entry barriers low or high? How might low or high entry barriers affect the conduct of firms already operating in the market? Give examples. 2. Discuss how the degree of market concentration may be related to the speed of technical innovation. That is, are firms within industries of high or low concentration more likely to innovate quickly? How may market share and level of competition – low, medium, or high – be related to the presence or absence within firms of Research and Development? Give examples if you wish.Why Coordinating the portfolio to obtain synergies and avoid conflicts among alliances is necessary for successful alliance portfilio management?
- Explain What is joint venture, and why might a company choose this entry strategy?What are the economic values of strategic alliance strategies? Illustrate of a form of successful strategic alliance of Asian firms.In Gass, 10-25 Minutes for Teams Assume you are thedirector of marketing for a U.S. firm that produces oneof the products listed below. Your firm is consideringgoing after the Indian market and is faced with thedecision of the bes! entry strategy. Should your firmsimply export their products, or would a strategic alliance, licensing, a joint venture, or direct investmentbe a better choice? Develop your ideas for a best entry strategy. Be specific in your recommendations fora strategy, how to implement the strategy, and yourreasons for your recommendations.Products:1. Tablets (similar to the iPad) targeting the consumermarket2. Expansion of your discount retail store chain3. Short-term (from an hour up) auto rentals
- What is joint venture, and why might a company choose this entry strategy?Why do some companies become global while others remain local or regional?Nivea is an example of a glocal company, in other words, Nivea represents both a high degree of “market responsiveness and global coordination/integration’ Which degree of market responsiveness and global coordination/integration does Nivea represent?
- You are a successful entrepreneur operating a local business for the last five years in your chosenindustry. Since your business has grown over the years you have now decided to take your businessoverseas and are considering two options. The first is to enter another Asian country with yourproduct/service and the other is to enter a country in Europe. Choose ONE of the two chosen countries and the organization above, explain how thefollowing international business theories can be used when making the decision to gointernational? Please include the limitations of these theories and how they can impact internationalexpansion. 1. Raymond Vernon’s product life cycle2. John Dunning’s eclectic theory3. Porters Diamond model4. Johanson and Vahlne’s Uppsala model5. Hofstede's cultural dimensions theory modelYou are a successful entrepreneur operating a local business for the last five years in your chosenindustry. Since your business has grown over the years you have now decided to take your businessoverseas and are considering two options. The first is to enter another Asian country with yourproduct/service and the other is to enter a country in Europe. Justify market entry & exit strategies that can be perused by the organisation and potential risksthat can be envisaged? The answer should be for ONE of the two chosen countries.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.