SlideShare a Scribd company logo
1 of 14
Develop, Formulate, and Implement
Strategies for Going Global
Presentation by: Jill Charpia, DBA Student
Overview
Selected Geographic Regions
Motivations
Benefits of Investing
Relationship and Agreement Impacts
Entry Strategies
Strategic Alliances
Equality in the Workplace
Workers’ Behaviors
Conclusion
Middle East and Europe
U.A.E. and Germany
Strategy for Going Global
Formulate
Evaluate
Discuss
Selected Geographic Regions
Motivations
Corporate mergers and acquisitions
Lower tax burdens
Perceived attractiveness of the MNC's present home country
Internationalization of MNC's shareholders and assets
Availability of talent
Quality of service clusters
Costs of the fiscal regime
Quality of legal and regulatory regimes
Higher potential revenues
Logistics
Economies of scale

(Baaij, Mom, Van den Bosch, & Volberda, 2015)
Benefits of Investing
 Germany
A significant contributor to renewable energy
Central location
Known for quality in manufacturing
Quality labor pool
(Romero-Rubio & De Andrés Díaz, 2015)
U.A.E.
Preferred destination for International Businesses
Finance hub of the Middle East and U.S. companies
Logistically ideal location
High level of economic growth
(Sbia, Shahbaz, & Hamdi, 2014)
Relationship and Agreement Impacts
Bilateral Relationships
Multilateral Arrangements
Regional Agreements
Agreements between Germany and the U.A.E.
Relationship and Agreement Impacts, cont.
Bilateral Relationships
Multilateral Arrangements
Regional Agreements
Agreements between Germany and the U.A.E.
Entry Strategies
Exporting
Licensing
Franchising
Joint ventures
Fully owned subsidiaries
(Luthans and Doh, 2012)
Entry Strategies, cont.
Exporting
Licensing
Franchising
Joint ventures
Fully owned subsidiaries
(Luthans and Doh, 2012)
Strategic Alliances
Organizational Structure
Control Systems
Labor Relations
Equality in the Workplace
Employee Equality and Legal Action
Applicable and Governing Laws
Sovereign Immunity
International Jurisdiction
Territoriality Jurisdiction
Nationality Principles
Workers’ Behaviors
Individualism Versus Collectivism
Germany
U.A.E.
Influences
Conclusion
 Selected Geographic Regions
 Motivations
 Benefits of Investing
 Relationship and Agreement Impacts
 Entry Strategies
 Strategic Alliances
 Equality in the Workplace
 Workers’ Behaviors
 Conclusion
References
Baaij, M. G., Mom, T. J., Van den Bosch, F. A., & Volberda, H. W. (2015). Why Do
Multinational Corporations Relocate Core Parts of Their Corporate
Headquarters Abroad?. Long Range Planning, 4846-58. doi:10.1016/j.lrp.2012.07.001
Luthans, F., & Doh, J. (2012). International Management: Culture, Strategy, and Behavior 8th New
York, NY McGraw-Hill Irwin
Ralston, D. A., Egri, C. P., Riddle, L., Butt, A., Dalgic, T., & Brock, D. M. (2012). Managerial values
in the greater Middle East: Similarities and differences across seven countries.
International Business Review, 21480-492. doi:10.1016/j.ibusrev.2011.05.007
Romero-Rubio, C., & de Andrés Díaz, J. R. (2015). Sustainable energy communities: a study
contrasting Spain and Germany. Energy Policy, 85397-409. doi:10.1016/j.enpol.
2015.06.012
Sbia, R., Shahbaz, M., & Hamdi, H. (2014). A contribution of foreign direct investment,
clean energy, trade openness, carbon emissions and economic growth to energy
demand in UAE. Economic Modelling, 36191-197.
doi:10.1016/j.econmod.2013.09.047

More Related Content

Viewers also liked

Presentation on The competition act(2002)
Presentation on The competition act(2002)Presentation on The competition act(2002)
Presentation on The competition act(2002)satya pal
 
Foreign Direct Investment
Foreign Direct InvestmentForeign Direct Investment
Foreign Direct InvestmentIstek Schools
 
Foreign trade policy 2015-20
Foreign trade policy 2015-20Foreign trade policy 2015-20
Foreign trade policy 2015-20DEEPAK PANT
 
Competition act 2002
Competition act 2002 Competition act 2002
Competition act 2002 Vijay Mehta
 
FDI , its advantages and disadvantages
FDI , its advantages and disadvantagesFDI , its advantages and disadvantages
FDI , its advantages and disadvantagesRupal Tiwari
 
Monetary & fiscal policies
Monetary & fiscal policiesMonetary & fiscal policies
Monetary & fiscal policiesSubrat Panda
 
Monetary and fiscal policy of india
Monetary and fiscal policy of indiaMonetary and fiscal policy of india
Monetary and fiscal policy of indiaBharathi Raj
 
Non-banking Finance Company(NBFCs)
Non-banking Finance Company(NBFCs)Non-banking Finance Company(NBFCs)
Non-banking Finance Company(NBFCs)Mickey
 
Foreign Direct Investment in India (FDI)
Foreign Direct Investment in India (FDI)Foreign Direct Investment in India (FDI)
Foreign Direct Investment in India (FDI)Ameya Gandhi
 
Foreign Direct Investment and Indian Economy ppt
Foreign Direct Investment and Indian Economy pptForeign Direct Investment and Indian Economy ppt
Foreign Direct Investment and Indian Economy pptDr.houkat1968
 
Wto ppt
Wto pptWto ppt
Wto pptrk2its
 
WORLD TRADE ORGANIZATION
WORLD TRADE ORGANIZATIONWORLD TRADE ORGANIZATION
WORLD TRADE ORGANIZATIONKaustubh Gupta
 
Monetary policy presentation.ppt
Monetary policy presentation.pptMonetary policy presentation.ppt
Monetary policy presentation.pptAgnes Stephanie
 

Viewers also liked (20)

Presentation on The competition act(2002)
Presentation on The competition act(2002)Presentation on The competition act(2002)
Presentation on The competition act(2002)
 
Foreign Direct Investment
Foreign Direct InvestmentForeign Direct Investment
Foreign Direct Investment
 
Foreign trade policy 2015-20
Foreign trade policy 2015-20Foreign trade policy 2015-20
Foreign trade policy 2015-20
 
Competition act 2002
Competition act 2002 Competition act 2002
Competition act 2002
 
Functions of RBI
Functions of RBIFunctions of RBI
Functions of RBI
 
Monetary policy ppt
Monetary policy pptMonetary policy ppt
Monetary policy ppt
 
Fiscal policy
Fiscal policyFiscal policy
Fiscal policy
 
FDI , its advantages and disadvantages
FDI , its advantages and disadvantagesFDI , its advantages and disadvantages
FDI , its advantages and disadvantages
 
Monetary & fiscal policies
Monetary & fiscal policiesMonetary & fiscal policies
Monetary & fiscal policies
 
Wto ppt
Wto pptWto ppt
Wto ppt
 
Fiscal ppt
Fiscal pptFiscal ppt
Fiscal ppt
 
Monetary and fiscal policy of india
Monetary and fiscal policy of indiaMonetary and fiscal policy of india
Monetary and fiscal policy of india
 
Non-banking Finance Company(NBFCs)
Non-banking Finance Company(NBFCs)Non-banking Finance Company(NBFCs)
Non-banking Finance Company(NBFCs)
 
Latest rbi ppt
Latest rbi pptLatest rbi ppt
Latest rbi ppt
 
Fdi ppt
Fdi pptFdi ppt
Fdi ppt
 
Foreign Direct Investment in India (FDI)
Foreign Direct Investment in India (FDI)Foreign Direct Investment in India (FDI)
Foreign Direct Investment in India (FDI)
 
Foreign Direct Investment and Indian Economy ppt
Foreign Direct Investment and Indian Economy pptForeign Direct Investment and Indian Economy ppt
Foreign Direct Investment and Indian Economy ppt
 
Wto ppt
Wto pptWto ppt
Wto ppt
 
WORLD TRADE ORGANIZATION
WORLD TRADE ORGANIZATIONWORLD TRADE ORGANIZATION
WORLD TRADE ORGANIZATION
 
Monetary policy presentation.ppt
Monetary policy presentation.pptMonetary policy presentation.ppt
Monetary policy presentation.ppt
 

Similar to Develop, Formulate, & Implement Strategies for Going Global

Implementation Strategic and Contingency Plans.docx
Implementation Strategic and Contingency Plans.docxImplementation Strategic and Contingency Plans.docx
Implementation Strategic and Contingency Plans.docxwrite30
 
Implementation Strategic and Contingency Plans.docx
Implementation Strategic and Contingency Plans.docxImplementation Strategic and Contingency Plans.docx
Implementation Strategic and Contingency Plans.docxwrite4
 
Lecture10 strategy
Lecture10 strategyLecture10 strategy
Lecture10 strategyShruti Malik
 
Strategic Planning
Strategic PlanningStrategic Planning
Strategic Planningduanehampton
 
2009_03 Diversity Strategy (Talent Management in Pharma)
2009_03 Diversity Strategy (Talent Management in Pharma)2009_03 Diversity Strategy (Talent Management in Pharma)
2009_03 Diversity Strategy (Talent Management in Pharma)Uxio Malvido
 
International Human Resource Management
International Human Resource ManagementInternational Human Resource Management
International Human Resource Managementm.dubucq
 
First personIdentify what you consider to be a Big Question .docx
First personIdentify what you consider to be a Big Question .docxFirst personIdentify what you consider to be a Big Question .docx
First personIdentify what you consider to be a Big Question .docxclydes2
 
Global Human Resourse Mgt
Global Human Resourse MgtGlobal Human Resourse Mgt
Global Human Resourse MgtNuman Aly
 
Strategic Talent Management
Strategic Talent ManagementStrategic Talent Management
Strategic Talent ManagementDoug Young
 
Leadership & Management
Leadership & ManagementLeadership & Management
Leadership & Managementsrazdan
 
Workplace Strategy Overview
Workplace Strategy OverviewWorkplace Strategy Overview
Workplace Strategy OverviewDouglas Xanders
 
Shortpartner
ShortpartnerShortpartner
ShortpartnerEasypeasy
 
Workforce Development An Economic Development Asset
Workforce Development   An Economic Development AssetWorkforce Development   An Economic Development Asset
Workforce Development An Economic Development Assetcquinn63
 
Pd Community Partnerships C6
Pd Community Partnerships C6Pd Community Partnerships C6
Pd Community Partnerships C6ocasiconference
 
Evaluating Human Capital: Harnessing Efficiency and Productivity
Evaluating Human Capital: Harnessing Efficiency and ProductivityEvaluating Human Capital: Harnessing Efficiency and Productivity
Evaluating Human Capital: Harnessing Efficiency and ProductivityNational HRD Network
 
Diversification (designed by Matt and Suh-hee)
Diversification (designed by Matt and Suh-hee)Diversification (designed by Matt and Suh-hee)
Diversification (designed by Matt and Suh-hee)Suh-hee Choi
 

Similar to Develop, Formulate, & Implement Strategies for Going Global (20)

Implementation Strategic and Contingency Plans.docx
Implementation Strategic and Contingency Plans.docxImplementation Strategic and Contingency Plans.docx
Implementation Strategic and Contingency Plans.docx
 
Implementation Strategic and Contingency Plans.docx
Implementation Strategic and Contingency Plans.docxImplementation Strategic and Contingency Plans.docx
Implementation Strategic and Contingency Plans.docx
 
Lecture10 strategy
Lecture10 strategyLecture10 strategy
Lecture10 strategy
 
Strategic Planning
Strategic PlanningStrategic Planning
Strategic Planning
 
2009_03 Diversity Strategy (Talent Management in Pharma)
2009_03 Diversity Strategy (Talent Management in Pharma)2009_03 Diversity Strategy (Talent Management in Pharma)
2009_03 Diversity Strategy (Talent Management in Pharma)
 
B.policy
B.policyB.policy
B.policy
 
International Human Resource Management
International Human Resource ManagementInternational Human Resource Management
International Human Resource Management
 
First personIdentify what you consider to be a Big Question .docx
First personIdentify what you consider to be a Big Question .docxFirst personIdentify what you consider to be a Big Question .docx
First personIdentify what you consider to be a Big Question .docx
 
Global Human Resourse Mgt
Global Human Resourse MgtGlobal Human Resourse Mgt
Global Human Resourse Mgt
 
Strategic Talent Management
Strategic Talent ManagementStrategic Talent Management
Strategic Talent Management
 
Leadership & Management
Leadership & ManagementLeadership & Management
Leadership & Management
 
Workplace Strategy Overview
Workplace Strategy OverviewWorkplace Strategy Overview
Workplace Strategy Overview
 
Shortpartner
ShortpartnerShortpartner
Shortpartner
 
Workforce Development An Economic Development Asset
Workforce Development   An Economic Development AssetWorkforce Development   An Economic Development Asset
Workforce Development An Economic Development Asset
 
Community Partnerships
Community PartnershipsCommunity Partnerships
Community Partnerships
 
Pd Community Partnerships C6
Pd Community Partnerships C6Pd Community Partnerships C6
Pd Community Partnerships C6
 
Evaluating Human Capital: Harnessing Efficiency and Productivity
Evaluating Human Capital: Harnessing Efficiency and ProductivityEvaluating Human Capital: Harnessing Efficiency and Productivity
Evaluating Human Capital: Harnessing Efficiency and Productivity
 
Managing Government Projects
Managing Government ProjectsManaging Government Projects
Managing Government Projects
 
Diversification (designed by Matt and Suh-hee)
Diversification (designed by Matt and Suh-hee)Diversification (designed by Matt and Suh-hee)
Diversification (designed by Matt and Suh-hee)
 
stratmgmt.ppt
stratmgmt.pptstratmgmt.ppt
stratmgmt.ppt
 

More from Jill Charpia

Travel tips for the solo traveler
Travel tips for the solo travelerTravel tips for the solo traveler
Travel tips for the solo travelerJill Charpia
 
When to Travel Europe
When to Travel EuropeWhen to Travel Europe
When to Travel EuropeJill Charpia
 
Develop, Formulate, & Implement Strategies for Going Global
Develop, Formulate, & Implement Strategies for Going GlobalDevelop, Formulate, & Implement Strategies for Going Global
Develop, Formulate, & Implement Strategies for Going GlobalJill Charpia
 
Case Study, Enron's Fraud
Case Study, Enron's FraudCase Study, Enron's Fraud
Case Study, Enron's FraudJill Charpia
 
Compare & Contrast Notions of Ethical Leadership
Compare & Contrast Notions of Ethical LeadershipCompare & Contrast Notions of Ethical Leadership
Compare & Contrast Notions of Ethical LeadershipJill Charpia
 
International travel
International travelInternational travel
International travelJill Charpia
 
What Motivates Me?
What Motivates Me?What Motivates Me?
What Motivates Me?Jill Charpia
 

More from Jill Charpia (7)

Travel tips for the solo traveler
Travel tips for the solo travelerTravel tips for the solo traveler
Travel tips for the solo traveler
 
When to Travel Europe
When to Travel EuropeWhen to Travel Europe
When to Travel Europe
 
Develop, Formulate, & Implement Strategies for Going Global
Develop, Formulate, & Implement Strategies for Going GlobalDevelop, Formulate, & Implement Strategies for Going Global
Develop, Formulate, & Implement Strategies for Going Global
 
Case Study, Enron's Fraud
Case Study, Enron's FraudCase Study, Enron's Fraud
Case Study, Enron's Fraud
 
Compare & Contrast Notions of Ethical Leadership
Compare & Contrast Notions of Ethical LeadershipCompare & Contrast Notions of Ethical Leadership
Compare & Contrast Notions of Ethical Leadership
 
International travel
International travelInternational travel
International travel
 
What Motivates Me?
What Motivates Me?What Motivates Me?
What Motivates Me?
 

Recently uploaded

Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailAriel592675
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadAyesha Khan
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncrdollysharma2066
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
CATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDF
CATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDFCATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDF
CATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDFOrient Homes
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurSuhani Kapoor
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Call Girls In ⇛⇛Chhatarpur⇚⇚. Brings Offer Delhi Contact Us 8377877756
Call Girls In ⇛⇛Chhatarpur⇚⇚. Brings Offer Delhi Contact Us 8377877756Call Girls In ⇛⇛Chhatarpur⇚⇚. Brings Offer Delhi Contact Us 8377877756
Call Girls In ⇛⇛Chhatarpur⇚⇚. Brings Offer Delhi Contact Us 8377877756dollysharma2066
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptxBanana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptxgeorgebrinton95
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Timedelhimodelshub1
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxAbhayThakur200703
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfOrient Homes
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessAggregage
 
NewBase 22 April 2024 Energy News issue - 1718 by Khaled Al Awadi (AutoRe...
NewBase  22 April  2024  Energy News issue - 1718 by Khaled Al Awadi  (AutoRe...NewBase  22 April  2024  Energy News issue - 1718 by Khaled Al Awadi  (AutoRe...
NewBase 22 April 2024 Energy News issue - 1718 by Khaled Al Awadi (AutoRe...Khaled Al Awadi
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 

Recently uploaded (20)

Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detail
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
CATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDF
CATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDFCATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDF
CATALOG cáp điện Goldcup (bảng giá) 1.4.2024.PDF
 
KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)
 
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service JamshedpurVIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
VIP Call Girl Jamshedpur Aashi 8250192130 Independent Escort Service Jamshedpur
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Call Girls In ⇛⇛Chhatarpur⇚⇚. Brings Offer Delhi Contact Us 8377877756
Call Girls In ⇛⇛Chhatarpur⇚⇚. Brings Offer Delhi Contact Us 8377877756Call Girls In ⇛⇛Chhatarpur⇚⇚. Brings Offer Delhi Contact Us 8377877756
Call Girls In ⇛⇛Chhatarpur⇚⇚. Brings Offer Delhi Contact Us 8377877756
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptxBanana Powder Manufacturing Plant Project Report 2024 Edition.pptx
Banana Powder Manufacturing Plant Project Report 2024 Edition.pptx
 
Call Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any TimeCall Girls Miyapur 7001305949 all area service COD available Any Time
Call Girls Miyapur 7001305949 all area service COD available Any Time
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In BELLMONT HOTEL ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Non Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptxNon Text Magic Studio Magic Design for Presentations L&P.pptx
Non Text Magic Studio Magic Design for Presentations L&P.pptx
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
 
Sales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for SuccessSales & Marketing Alignment: How to Synergize for Success
Sales & Marketing Alignment: How to Synergize for Success
 
NewBase 22 April 2024 Energy News issue - 1718 by Khaled Al Awadi (AutoRe...
NewBase  22 April  2024  Energy News issue - 1718 by Khaled Al Awadi  (AutoRe...NewBase  22 April  2024  Energy News issue - 1718 by Khaled Al Awadi  (AutoRe...
NewBase 22 April 2024 Energy News issue - 1718 by Khaled Al Awadi (AutoRe...
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 

Develop, Formulate, & Implement Strategies for Going Global

  • 1. Develop, Formulate, and Implement Strategies for Going Global Presentation by: Jill Charpia, DBA Student
  • 2. Overview Selected Geographic Regions Motivations Benefits of Investing Relationship and Agreement Impacts Entry Strategies Strategic Alliances Equality in the Workplace Workers’ Behaviors Conclusion
  • 3. Middle East and Europe U.A.E. and Germany Strategy for Going Global Formulate Evaluate Discuss Selected Geographic Regions
  • 4. Motivations Corporate mergers and acquisitions Lower tax burdens Perceived attractiveness of the MNC's present home country Internationalization of MNC's shareholders and assets Availability of talent Quality of service clusters Costs of the fiscal regime Quality of legal and regulatory regimes Higher potential revenues Logistics Economies of scale  (Baaij, Mom, Van den Bosch, & Volberda, 2015)
  • 5. Benefits of Investing  Germany A significant contributor to renewable energy Central location Known for quality in manufacturing Quality labor pool (Romero-Rubio & De Andrés Díaz, 2015) U.A.E. Preferred destination for International Businesses Finance hub of the Middle East and U.S. companies Logistically ideal location High level of economic growth (Sbia, Shahbaz, & Hamdi, 2014)
  • 6. Relationship and Agreement Impacts Bilateral Relationships Multilateral Arrangements Regional Agreements Agreements between Germany and the U.A.E.
  • 7. Relationship and Agreement Impacts, cont. Bilateral Relationships Multilateral Arrangements Regional Agreements Agreements between Germany and the U.A.E.
  • 9. Entry Strategies, cont. Exporting Licensing Franchising Joint ventures Fully owned subsidiaries (Luthans and Doh, 2012)
  • 11. Equality in the Workplace Employee Equality and Legal Action Applicable and Governing Laws Sovereign Immunity International Jurisdiction Territoriality Jurisdiction Nationality Principles
  • 12. Workers’ Behaviors Individualism Versus Collectivism Germany U.A.E. Influences
  • 13. Conclusion  Selected Geographic Regions  Motivations  Benefits of Investing  Relationship and Agreement Impacts  Entry Strategies  Strategic Alliances  Equality in the Workplace  Workers’ Behaviors  Conclusion
  • 14. References Baaij, M. G., Mom, T. J., Van den Bosch, F. A., & Volberda, H. W. (2015). Why Do Multinational Corporations Relocate Core Parts of Their Corporate Headquarters Abroad?. Long Range Planning, 4846-58. doi:10.1016/j.lrp.2012.07.001 Luthans, F., & Doh, J. (2012). International Management: Culture, Strategy, and Behavior 8th New York, NY McGraw-Hill Irwin Ralston, D. A., Egri, C. P., Riddle, L., Butt, A., Dalgic, T., & Brock, D. M. (2012). Managerial values in the greater Middle East: Similarities and differences across seven countries. International Business Review, 21480-492. doi:10.1016/j.ibusrev.2011.05.007 Romero-Rubio, C., & de Andrés Díaz, J. R. (2015). Sustainable energy communities: a study contrasting Spain and Germany. Energy Policy, 85397-409. doi:10.1016/j.enpol. 2015.06.012 Sbia, R., Shahbaz, M., & Hamdi, H. (2014). A contribution of foreign direct investment, clean energy, trade openness, carbon emissions and economic growth to energy demand in UAE. Economic Modelling, 36191-197. doi:10.1016/j.econmod.2013.09.047

Editor's Notes

  1. As a company begins to grow, a multinational strategy should be evaluated for implementation. This study will focus upon two different geographical locations in the world. The two areas chosen are the Middle East and Europe. The specific countries located within each are the United Arab Emirates (U.A.E.) and Germany. These two regions were selected for their central location to the other half of the world and personal familiarity with the areas. In addition, these two areas host a wide variety of international businesses, have easy access to all necessary supplies, and are excellent locations logistically. This presentation focus on strategy within these two countries.
  2. Companies have a variety of reasons to move and grow in an overseas environment. The reasons that motivate a company to move aboard are diverse. The reasons could include a corporate merger and acquisition of the company. By moving a majority of the company and consolidating resources to a solitary location would make logical sense. Other reasons to move a company abroad include, l) lower tax burdens, 1) perceived attractiveness of the MNC’s home country, 3) internationalization of MNC’s stakeholders, 4) internationalization of MNC’s assets, 5) availability of talent, 6) quality of service of clusters, 7) costs of the fiscal regime, 8) higher potential revenues (Baaij, Mom, Van den Bosch, & Volberda, 2015).
  3. The benefits of investing in Germany and the U.A.E. are many. Germany has a number of qualities that make investing desirable which include: 1) Germany is a significant contributor to renewable energy projects, 2) centrally located European country, 3) known for a high level of quality manufacturing, 4) a quality labor pool to choose from (Romero-Rubio & De Andrés Díaz, 2015). The benefits of investing in the U.A.E are also significant. Dubai is one of the primary cities located in the U.A.E. and was built in the middle of the desert specially to become the major hub in the Middle East. A few significant points to mention are: 1) the U.A.E. is the preferred destination for international businesses, 2) it is the finance hub of of the Middle East and the U.S., 3) logistically ideal location, and 4) high level of economic growth (Sbia et al., 2014)
  4. Relationships and agreements amongst companies, as well as countries, offer a significant impact to the way business is conducted. The three types to discuss are bilateral, multilateral, and regional, as well as agreements between Germany and the U.A.E. With a bilateral relationship, agreements can be formed up front as to how business will be conducted and which rules are to be followed. Multilateral agreements are agreements made between several countries at one time. While this may be significantly more difficult than a JV or bilateral agreement, they are very effective when in place. Each country within the agreement has the same rights and same terms as every other country within the agreement (Baaij et al., 2015).
  5. Regional Agreements ensure that the external company will be able to acquire the same status as the host nation’s company. Regional agreements affect several countries within the same area. Regional agreements such as the North American Free Trade Agreement (NAFTA) has allowed for the barriers to trade to be removed between the U.S., Mexico, and Canada. With this type of agreement, tariffs, import, and export quotas are removed, as well as the restrictions on agricultural products, auto parts, and energy goods. (Baaij et al., 2015). Utilizing a JV or a bilateral agreement between U.A.E. and Germany can provide a hub for business on the opposite side of the globe. While Germany is known for designing and manufacturing quality automobiles, the U.A.E. provides a logistical hub.
  6. There are a number of different entry strategies for a business to become a multinational corporation. Companies can significantly increase profits by entering foreign markets and with any of the entry strategies that will be discussed herein. To begin, exporting may be the only real choice for new and small firms moving into the international environment. Larger firms can also use this strategy to expand with a minimum level of risk and investment.   Licensing is another type of entry strategy that allows the rights to a product to be utilized by another company to make or sell the product for a royalty or fee. By doing so, the company using the license can add to the existing product line and while the party that owns the license acquires a percentage of sales.   Franchising is an agreement between the owner of the company and an independent party for the use of a trademark, logo, product line, or operation. Franchising is an easier way to set up a new company by using the benchmark of the original company.
  7. Joint ventures (JV) are an international alliance of two or more firms from different countries, either permanent or temporary, and are collaborative by nature. The JV operates outside of the typical business environment and is set up for a specific purpose. The agreement define which company is responsible for which function. By combining resources and knowledge the JV can provide a greater capability and skillset.   Fully owned subsidiaries or wholly owned subsidiaries are overseas operations that are owned by MNCs. A smaller company should pursue this strategy to control transaction costs such as negotiating and transferring information. This strategy can be very profitable, but it can also be risky due to placing a large investment in a single area.  
  8. An internal and external organizational structure should be developed to create an understanding for the work flow. By developing a structure between joint venture partners or newly acquired businesses, the chain of command is identified and the responsibility matrix understood.   Control systems are put in place to assist the decision making process. If risks can be mitigated up front by deciding what will happen if a problem happens, the stressors become less. Management can not only prepare for possible issues, but can also make a decision that is well thought out rather than a knee-jerk reaction.   Labor relations are becoming increasingly important and have a significant impact on the workforce within organizations. Labor laws vary from country to country and what may be acceptable in one country may not in another. Companies should invest in human resources and development programs to ensure employees are moving towards company goals (Luthans and Doh, 2012).
  9. Employee equality within the U.S. will allow employees to take legal action if not treated fairly. While this applies in the U.S. it does not necessarily apply abroad. If an individual takes a job abroad and is not treated equally, laws will not allow the U.S. employee justice. This needs to be considered as partnerships with global partners are developed. An understanding of which country’s laws govern could make a difference in how business is conducted. Sovereign immunity states that citizens who take a job in Japan cannot sue their Japanese employer, if equal opportunity standards are not met. In addition, the governing laws, international jurisdiction, territoriality, jurisdiction, and nationality principles also determine which laws an employee falls under when working abroad.
  10. Different societies have varying communication methods, values, and beliefs. A society that is individualistic in nature tend not to be subservient towards others. The have the primary perception of focusing on me, myself, and I. People that fall within this type of culture focus primarily on making up their own minds and decisions. Collectivism societies and cultures work and make decisions based upon an overall collective decision of the society or group. Both the U.A.E. and Germany were noted as individualistic societies. The U.A.E. had more intermediate individualism scores while Germany’s scores were more significant. The primary influence to the U.A.E. is the exposure to Western civilizations (Ralston, Egri, Riddle, Butt, Dalgic, and Brock, 2012).