Assess the following corporate global strategies: a. Global standardization strategy b. Transnational Strategy c. Regional strategy, and d. Localisation strategy
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Assess the following corporate global strategies:
a. Global standardization strategy
b. Transnational Strategy
c. Regional strategy, and
d. Localisation strategy
Step by step
Solved in 6 steps
- In 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 strategy2.1 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.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.
- 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 strategywhich 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 strategyWhat global strategy does Caterpillar? Please give an example A) international B) multi-domestic C) global-standardization D) transnational
- 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 strategiesgive 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. Describe how the Shell PLC engagement with sustainable development and/or SDGs impacts the ways in which it achieves and sustains competitive advantage across different national markets: E.g., how does the firm manage countervailing pressures for global integration, national responsiveness, and worldwide learning and innovation with regard to sustainable business practices and/or SDGs? What aspects of their engagement are uniform and globally integrated? What aspects are differentiated and locally responsive? Why? How do firms adapt strategically as their industries or competitive environments change in response to increasing environmental, social and governance (ESG) pressures? What new strategic capabilities related to ESG considerations are required as firms expand internationally? How are those capabilities deployed in different national markets? Make sure to support your observations with data and/or examples derived from your research.
- Q2: Diversifivation: a. What is the diversification strategy 2b. what are 3 advantages of the diversification strategy in business?a.Overview of the five (5) entrance modes, which include exporting, licensing deals, partnering and strategic alliances, acquisitions, and the establishment of new, totally owned subsidiaries, commonly known as greenfield ventures.Analysis and justification of the company's and the tumeric soap's chosen international market entry strategy in Germany. b.Propose an international strategy based on multi-national, global, or transnational strategies. The company and the tumeric soap that was chosen as the product on the international market in Germany.Part 1. (A) Describe at least 2 benefits of an organization outsourcing its production overseas/globally? (B) Describe at least 2 disadvantages of outsourcing? Part 2: (A) Describe an example of a company that opted to outsource its global production. (B) Discuss situations or reasons why the company/business might not want to pursue global production.