Multinational companies increasingly capitalized on their resources and capabilities in enhancing their competitiveness. Evaluate the main categories of capabilities of some of these companies that enabled them to compete in global markets.
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Multinational companies increasingly capitalized on their resources and capabilities in enhancing their competitiveness. Evaluate the main categories of capabilities of some of these companies that enabled them to compete in global markets. (250 words)
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- Which of the following explanation most likely describes likely why small firms, commonly referred to as born globals, can increasingly participate in international marketplaces more efficiently as well as more effectively? A) procuring raw materials from the same suppliers who supply to the larger firms B) establishing performance appraisals of employees to increase productivity C) establishing training programs for managers to learn international business practices D) promoting products or services by word-of-mouth E) easily, inexpensively designing and accessible websiteSubject: Introduction to International Business You are hired as a consultant by Tokyo Inc. to prepare report based on the undermentioned criteria. Braf's Manufactoring (https://www.uncappedmarketplace.gy/vendor/brafs-manufacturing/) located in Guyana is apart of the agro-processing sector. Braff Manufactoring produced products such barley flour and plaintain flour 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, culture, government, history, economics, and politics of a new country, outside of the region, from which you believe the company and its product (s) could operate profitably ( use Singapore). Note:- Singapore does little farming Propose a strategy for internationalization. Looking particularly at entry strategies that could be utilized as discussed in the course. You will need to keep in mind the domestic realities of the company and its…Based on the graphic, mark each statement as true or false. (T= TRUE., F= False A) Globalization helps developing countries, namely those that are aggressively pursuing economic and social progress, through the spread of education, conflict, and technology. B) Globalization, through advances in all sorts of areas, running from education through technology creates connections and dependencies that makes for a better, prosperous world. C) Globalization, by promoting the spread of education, the spread of culture, and the spread of technology, creating more interconnected interdependent world.
- 4.The prevalence of international business has increased significantly during the last part of the twentieth century, thanks to the liberalization of trade and investment and the development of technology. Today, global competition affects nearly every company—regardless of size. Many source suppliers from foreign countries and still more compete against products or services that originate abroad. International business remains a broad concept that encompasses the smallest companies that may only export or import with one other country, as well as the largest global firms with integrated operations and strategic alliances around the globe. Evaluate the idea of “Globalization” from 360-degree perspective. Justify your evaluation based on any FIVE (5) points.READ the following statements about globalization and discuss the key concepts in each. What do you think the writer thinks about globalization? Answers in each number shall not exceed 3 sentences. 1. It doesn't matter how far apart we might be geographically, economically or culturally, we're all held tightly together as members of the human race in an all-embracing web.2.Young people around the world have adopted international brands and styles without discrimination. Their clothes are influenced by their favourite bands, they sing along to songs they don't understand and support values that don't belong to them. Culture is under siege!3. Recently we have seen the collapse of undemocratic regimes, improvements in workers' rights, an increase in environmental awareness and responsibility, and increased awareness of fair trade as a result of advocacy campaigns using social media.Select a multinational company that operates in your country. Evaluate the importance to this company of undertaking SWOT and PEST analysis before it substantially expands its operations. [20]
- Subject: Introduction to International Business You are hired as a consultant by Tokyo Inc. to prepare report based on the undermentioned criteria. Braf's Manufactoring (https://www.uncappedmarketplace.gy/vendor/brafs-manufacturing/) located in Guyana is apart of the agro-processing sector. Braff Manufactoring produced products such barley flour 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, culture, government, history, economics, and politics of a new country, outside of the region, from which you believe the company and its product (s) could operate profitably ( use Singapore). Propose a strategy for internationalization. Looking particularly at entry strategies that could be utilized as discussed in the course. You will need to keep in mind the domestic realities of the company and its product (s) by conducting a situation analysis to start. You are…2. Culture explains how we behave toward each other and with other groups especially when doing business across borders. Pretend you have been hired by ABC Company Limited. Your manager has indicated to you that the company wishes to do business in foreign markets but is worried about the cultural risk of foreign markets. With the use of an example, briefly describe to your manager ONE cross cultural risk that the company should be aware of and ONE recommendation you will make to mitigate your identified risk. A complete answer will include the use of an example to help support your explanation on the cross-cultural risk in the context of internationalization.What are the challenges that Coca-Cola is likely to face to grow its business in Africa? ( 350 words)
- 6. Provide at least two (2) examples/case studies of international modes of entry utilized by multinational corporations in Germany, China and Thailand that have succeeded or failed. The name of the multinational must be clearly stated in each example. Be sure to state the mode of entry utilized in each example in each country. Why do you think they would have succeeded or failed in each example included? Provide details on this.A1: Does government intervention and regulation of international business help or hinder a firm’s international business strategy? A2: Choose a “help” or “hinder” position and support your argument using examples from your textbook or other web-based sources.Scenario You have been hired as a consultant by a local advertising company. They are getting into partnership with a similar company that has branches in multiple international locations. Your client company is new to the concept of ‘Cross National Management’. Prepare a written presentation to their management team that establishes what cross-national management is; its scope; and why it is important for them to develop intercultural competence. Can you please attach scholarly sources and use in-text citation that were helpful while developing the answers?