Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 6.7, Problem 1CC
What are the factors and approaches that organizations can take when deciding to go global?
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1. Give one new distribution channels for Virtual Assistance (freelance business) that is not commonly used.
- show a chart/diagram to illustrate the flow of the distribution channels.
- explain the rationale behind it. (e.g., increased market reach, improved customer experience, cost-efficiency).
- connect the given distribution channel to the marketing mix: (How does it align with the overall marketing strategy? Consider product, price, promotion, and place.).
- define the target audience: (Age, gender, location, interests, etc.).
- lastly, identify potential participants: (Wholesalers, retailers, online platforms, etc.)
Chapter 6 Solutions
Principles of Management
Ch. 6.1 - Describe the lowering of trade barriers and its...Ch. 6.1 - What is foreign direct investment?Ch. 6.1 - What has the role of the Internet had on...Ch. 6.2 - Describe Hofstedes approach to defining national...Ch. 6.2 - Describe power distance and its implications for...Ch. 6.2 - Describe individualism versus collectivism and its...Ch. 6.2 - Sescribe uncertainty avoidance and its...Ch. 6.3 - Describe how the GLOBE tools can be used by...Ch. 6.3 - What are the similarities and differences among...Ch. 6.3 - Discuss where the United States, Malaysia, and...
Ch. 6.3 - What are the implications of the above differences...Ch. 6.3 - How can these cultural differences explain why you...Ch. 6.4 - Describe the social institutions that can provide...Ch. 6.4 - How can managers use insights from Hofstede and...Ch. 6.5 - How should training to manage cultural and...Ch. 6.5 - How should training for cross-cultural assignments...Ch. 6.6 - How and why do companies take various approaches...Ch. 6.6 - Why did Bayer Crop Science decide to move from its...Ch. 6.6 - How did Coen build support for the change? Do you...Ch. 6.6 - What challenges do you anticipate as Coen...Ch. 6.7 - Why did McDonalds choose to use strategic...Ch. 6.7 - Why is McDonalds facing challenges in India? What...Ch. 6.7 - What can McDonalds do to address Bakshis concerns?Ch. 6.7 - What can McDonalds do about Bakshis use of local...Ch. 6.7 - What are the factors and approaches that...Ch. 6.7 - Explain the term born global and why it is...Ch. 6 - Why is international management a critical area...Ch. 6 - Briefly describe the main cultural dimensions of...Ch. 6 - What is power distance? What are the implications...Ch. 6 - How is the GLOBE project different from the...Ch. 6 - What are country clusters? Pick any three clusters...Ch. 6 - Compare and contrast low-rigor versus high-rigor...Ch. 6 - What is predeparture cross-cultural training? What...Ch. 6 - What is a global strategy? When do companies...Ch. 6 - Compare and contrast a global, regional, and local...Ch. 6 - What are the various means available to companies...Ch. 6 - What are some of the sources of McDermotts...Ch. 6 - What are some of the cross-cultural differences he...Ch. 6 - What is your assessment of his lessons for...
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