Describe, in detail, the four strategies: Global Standardization Strategy, Transnational Strategy, International Strategy and Localization strategy. Explain in your own words the differences between the strategies and the unique advantages each provides
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Describe, in detail, the four strategies: Global Standardization Strategy, Transnational Strategy, International Strategy and Localization strategy. Explain in your own words the differences between the strategies and the unique advantages each provides
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- In what kind of industries does a localization strategy make sense? When does a global standardization strategy make the most sense?Regardless of strategy, most international businesses want to increase their market share, revenues, and profits. They often accomplish these goals by entering new markets or launching new goods into markets where they already have a presence. The ability of a firm to accomplish this successfully is dependent on its developing a thorough understanding of a certain geographical or product market. Firms must typically take three stages to effectively expand their market share, revenue, and profits: (1) evaluate alternative markets, (2) evaluate the costs, benefits, and risks of entering each, and (3) select those with the greatest potential for entry or expansion. Discuss FOUR (4) modes of entry that digital firms may employ to enter the ecommerce China market. Support a case with an example of a successful company doing it.You are an International Business Consultancy and Nokero has asked you to investigate the possibility of expanding toBarbados. Recommend to Nokero which international business strategy (s) to use. Justify your choices.
- 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 strategyIn what kind of industries does a localization strategy make sense? Why? When does a global standardization strategy make the most sense? Why? What do you see as the main organizational problems that are likely to be associated with the implementation of a transnational strategy? Explain. What is the most appropriate organizational architecture for a firm that is competing in an industry where a global strategy is most appropriate?Which of the following statements is true about international strategy? Group of answer choices It is usually adopted by companies that face intense cost pressures due to competition. It often involves decentralizing product development functions such as R&D to different subsidiaries. It makes most sense when the pressures for local responsiveness are very intense. It involves extensive scope for localization and product differentiation. It often involves the head office retaining tight control over marketing and product strategy.
- Which of the following strategies must an MNE use when pursing an integration strategy at the business level by attempting to reconcile product or services differentiations at low cost? Which of the following strategies must an MNE use when pursing an integration strategy at the business level by attempting to reconcile product or services differentiations at low cost? Transnational strategy Multi-domestic strategy C Global-standardization strategy International strategy (Ctrl)Suppose that Herbawi company has decided to expand internationally, answer the following questions: a) do Herbawi company should use a standardization strategy or localization strategy, and why? b) which markets should the Herbawi company target, and why? c) do think sprinkling strategy or waterfall strategy would be appropriate for Herbawi and whyWhat variables have to be considered in designing the organizational structure for international operations and how these variables interact? How you should organize to facilitate a global strategy
- Prepare to discuss emerging transnational strategy models by considering the following scenario: 1. Assume you are a resident of local community the top management team of an multinational enterprise (MNE). The firm has decided to expand into foreign country and has selected your local community as its first point of entry. 2. Discuss the emerging transnational strategic models that MNEs can and must adopt to be successful.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 strategyDetermine the main international business strategies. What business strategy you will recommend for a business in which the pressure for both cost cutting and local responsiveness for your product are high? Briefly discuss