Which 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
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Which 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
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- which of the international operations strategies involves low cost reduction and low local responsiveness? A. transnational strategy B. international strategy C. multidomestic strategy D. global strategy E. Worldwide strategyAssess 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.)
- 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 strategyIn 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 strategyWe 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.
- Why is an understanding of strategy management important in the context of international business?2.1 Discuss any SIX (6) possible reasons why the H&M Group has chosen to globalise (internationalize) its operations beyond its domestic market of Sweden. 2.2 In pursuit of global opportunities multinational firms typically employ one of four options of global operations strategy. By first elaborating on the four options of global operations strategy, identify and analytically discuss the most likely global operations strategy option which the H&M Group uses in their extensive international operations.With the aid of a diagram and substantive evidence from the case study situate H&M Group within one of the four global operations strategy options. It is recommended that your discussion weaves together evidence from the case study on one hand and relevant theoretical viewpoints andcitations from relevant academic sources on the other hand.The competitive strategy of a firm pursuing a transnational, "think global, act local" approach to strategy making A) usually involves cross-subsidizing the prices in those markets where there are significant country-to-country differences in the product attributes that customers are most interested in. B) involves having strongly differentiated product versions for different countries and selling them under distinctly different brand names so that there will be no doubt in customers' minds that the product is more local than global. C) is essentially the same in all country markets where it competes but it may give local managers room to make minor variations where necessary to better match local market conditions. D) entails little or no strategy coordination across countries. E)involves selling a mostly standardized product worldwide, but varying a company's use of distribution channels and marketing approaches to accommodate local market conditions.
- 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 strategiesIn your own words, why do you think globalization and environmental sustainability influences strategic management? Cite an example to justify your insights.As an International Business consultant a company has asked you to investigate the possibility of expanding. Recommend which international business strategy/s to use. Justify the choices.
