Discussion Post#7

Market Potential Indicators Purpose: With the completion of this assignment, you will be able to: Identify factors/indicators that contribute to the potential of a national market Apply relevant indicators to the potential of your chosen national market Instruction: Fill out the table on page 2. In the search for the indicators, think strategically about how to measure the different dimensions of the market potential of a national market. You may check this reference for insights: 2021 Market Potential Index from GlobalEdge. Use your term project proposal as a target, then identify the most relevant market potential indicators that you can use for your term project. Potential Market Size (at the country level) - Not the size of a market for a particular product, but the size of the overall economy Market Growth Rate - It measures the ‘potential’ of a market - It helps managers avoid markets that are large but shrinking and target those that are small but rapidly…

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.

EXPLAIN Why is strategic management considered important for global market competition? What is the impact of sustainability in business? Why are strategic decisions different from other kinds of decisions?

Nicole Vichon, marketing manager of Saralyn Mills Ltd. – a Canadian company – is being urged to approve the creation of a separate marketing plan for Quebec.  This would be a major policy change because Saralyn Mills’ international parent is trying to move toward a global strategy for the whole firm and Vichon has been supporting Canada-wide planning. Nicole Vichon has been the marketing manager of Saralyn Mills, Ltd., for the last four years – since she arrived from international headquarters in Minneapolis.  Saralyn Mills, Ltd., headquartered in Toronto, is a subsidiary of a large US-based consumer packaged-food company with worldwide sales of more than $2.8 billion in 2005.  Its Canadian sales are just over $450 million, with the Quebec and Ontario markets accounting for 69 percent of the company’s Canadian sales. The company’s product line includes such items as cake mixes, puddings, pie fillings, pancakes, prepared foods, and frozen dinners.  The company has successfully…

My selected company is aboitiz power, we need to have a business plan, what country will Aboitiz power to open for new import/ export and its production of power, need to select two (2) or more countries planning to open another subsidiary in other country in the business plan   PLAN OF ACTION: Proposed Company Global Business Plan Executive summaryBriefly tell your reader what your company is and why it will be successful. Include your mission statement, your product or service, and basic information about your company’s leadership team, employees, and location. You should also include financial information and high-level growth plans if you plan to ask for financing. Company descriptionUse your company description to provide detailed information about your company. Go into detail about the problems your business solves. Be specific, and list out the consumers, organization, or businesses your company plans to serve.Explain the competitive advantages that will make your business a…

The content of the individual coursework should cover the following aspects in total 1,500 words: Imagine that you are part of the marketing team of the product X at company ABC, which aims at selling this product in the domestic as well as global markets. You are preparing a marketing strategy for this product in the second half of 2019. Define the properties of your product and the target markets by using the micro and macroeconomic concepts that we learned in lectures, which will be used as an input for your marketing strategy. In particular, address the following issues: a. What are the alternative scenarios with regards to the costs of production (marginal costs like labour costs, raw materials, energy)? Consider the macroeconomic expectations for the second half of 2019 and different scenarios about the macroeconomic developments and the course of the recession. b. What type of a good or service is X? What is the price and income elasticity of your product? What is the cross…

Consider a South African businesses expanding their operations internationally. List the tasks they need to fulfil in the strategic planning process before going global.

Should Airbnb have entered the Chinese market in the 1st place? If Airbnb continues with its entry into the Chinese market, how should it best position itself? Should it use its established formula, or localize? If Airbnb localizes, what are the possible ways of localizing? Which one should it prioritize?

Assume for any product or service of your own choice, in country, show how the political. Market and economic model will affect its strategy of operation. I mean to say discuss the following questions for it.   a) In what business is it?   b) What are its operational objectives for implementing the mission during the next fiscal year?   c) What political, economic, competitive, social, technological, demographic and ecological changes are taking place in the international cotton market, which would affect the mission and objectives of it?   d) What are the strengths and weaknesses of it to implement its mission and objectives under changing market conditions?   e) What is the combined mission and objectives?   g) What actions must be considered in order to implement the strategic plan

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. Decide whether to globalize, where to globalize, how to globalize d. Develop the core strategy, locally market the core strategy, internalize the core strategy

Strategic Management Read chapters 10 & 11 in Textbook Strategy Management – An integrated Approach 10th ed by Charles W L Hill) and answer Discussion question #3 chapter 10, and Discussion question #3 in chapter 11 listed below Please provide well developed, detailed and insightful answers (No short answers)  Discussion Question #3 Chapter 10: Imagine the IBM has decided to diversify into the telecommunications business to provide online “cloud computing” data services and broadband access for businesses and individuals What method would you recommend that IBM pursue to enter this industry? Why? Discussion Question #3 chapter 11: How might a company configure its strategy making processes to reduce the probability that managers will pursue their own self-interest at the expense of stockholders?

The essence of strategic management is the study of why some firms outperform others. The solution is by performing different activities from rivals or performing similar activities in different ways. Only by doing these, sustainable competitive advantage can be achieved by the firms. Define strategic management. As in the definition above, state the things that are analyzed by the firm. Discuss FOUR (4) key attributes of strategic management that can help achieve sustainability for a firm.

James Shoe Emporium, a retail brick and mortar shoe store caters to the higher income market in your country. However, the establishment has been experiencing falling revenue since the advent of the Covid 19 pandemic. The owner of the company believes that marketing and selling his shoes via the internet might be the solution. He has hired you to formulate an emarketing plan to do so. 1. Develop a background for James Shoe Emporium. Describe the following: location of the company – country and city/town, type of shoes sold and price, the target market. 2. State why the owner is considering using e-marketing. What benefits can e-marketing bring?

There are numerous techniques that multinational companies can use to analyze or forecast International Political Risk. Required: From the choices below, choose TWO (2) specific international political risk analysis or forecasting techniques. O Joint Venture O Political Risk Consultant O Code of Conduct O In-house Political Risk Analysis Staff

Explain and provide a clear statement of the main problem, issue, challenge, etc., Abu Dhabi National Oil Company as well as internal constraints and/or external trends they have.  determine the appropriateness of the company's strategy (articulated in the company profile section) for its situation (issues that it needs to deal with articulated in the situation analysis section) and clearly explain how the strategy (or parts of the strategy) does or does not fit with the situation (or with other parts of the strategy). Recommend a coherent package of changes to the company's strategy and specific steps to implement them. Explain and justify your recommendations. In addition, explain and justify the aspects of the company's strategy that they  should remain the same.

Please 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

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 strategies

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.

Create a Strategic management case with the following: The Background and Overview of Strategic Management.  Existing problems or successful experience of the case in strategic management. Reasons for existing problems or successful experience of the case in strategic management. Solutions of existing problems or application of successful experience from the case in strategic management, and finally Experience and perception from the case analysis in strategic management

Choose a foreign country and write a report for a hypothetical Jordanian company or: A list that produces food products and you want to enter this market. The following are the reasons for choosing this country. 1. Intentionally information about this country includes demographic characteristics. 2. Population and geography. Information about the economic, social, cultural and political environment. 3 Habits The patterns of consumption and purchases. 4. Decisions of the marketing mix chosen by you and the justifications for these decisions

When developing a tourism plan, which factor will be assessed during a market analysis? a) The target market b) The time frame c) The labor force d) The scope of the project

You are hired as a consultant by Tokyo Inc. to prepare report based on the undermentioned criteria. Debbie's Chips located in Guyana is apart of the food-processing sector. Debbie's Chips produce products such as potato chips but does not currently operate outside the Caribbean CARICOM region. You will conduct a comprehensive study of the international business environment that is the geography, cultural analysis, history, economic analysis and political analysis of a new country, outside of the region, from which you believe the company and its products could operate profitably (use England).   Discuss the following 1. Country analysis of England with links to the product chosen included. i. Geography and History of England ii. Political analysis of England iii. Economic analysis of England iv. Cultural analysis of England 1. Hofstede's dimensions must be included as part of the analysis     Hofstede Dimension   Please include references, in-text citations, peer reviewed journal…

Assume for any product or service of your own choice, in country, show how the political. Market and economic model will affect its strategy of operation. I mean to say discuss the following questions for it. a) In what business is it? b) What are its operational objectives for implementing the mission during the next fiscal year? c) What political, economic, competitive, social, technological, demographic and ecological changes are taking place in the international market, which would affect the mission and objectives of it? d) What are the strengths and weaknesses of it to implement its mission and objectives under changing market conditions? e) What is the combined mission and objectives? g) What actions must be considered in order to implement the strategic plan?

Introduction: Include a brief introduction of the company. Competitive Analysis: Who are your company’s competitors, and how is each differentiated? Identify two or three strengths and two or three weaknesses of your company compared to a minimum of two of your company’s competitors. Marketing Strategies: What are the marketing strategies used by your company in the management of the global customer brand? Use the four Ps in your analysis, which are listed below. Product: Begin with a theoretical definition of a product. What is the product/service offering by your company? How did the development of these new products affect your company’s marketing strategy? Place: Begin with a theoretical definition of place. What are the distribution channels used by your company? Price: Begin with a theoretical definition of price. What is the pricing strategy used by your company? Promotion: Begin with a theoretical definition of promotion. What are the traditional and digital methods of…