The document discusses various aspects of global business environment including the nature of globalization, reasons why companies go global, manifestations of globalization, strategic responses to the environment, competitive environment, and Porter's five forces model for competitive analysis. Specifically, it notes that globalization has integrated developing economies, reduced trade barriers, and allowed companies to compete globally. Companies go global to access new markets, lower costs, and recover R&D expenditures. Globalization is also manifest in areas like privatization, infrastructure resources at international prices, and regional economic blocks. Businesses must respond strategically to opportunities and threats in the dynamic environment. Porter's five forces model is used to analyze industry competition from suppliers, buyers, new entrants, substitutes
Study of International Business Articles.
Part 1: Essential of International Business.
Part 2: Theories applied to International Business.
Part 3: Bargaining Approach and Resources.
Part 4: International Business Phenomena.
Part 5: Internalization.
Part 6: Competitive advantages.
Study of International Business Articles.
Part 1: Essential of International Business.
Part 2: Theories applied to International Business.
Part 3: Bargaining Approach and Resources.
Part 4: International Business Phenomena.
Part 5: Internalization.
Part 6: Competitive advantages.
In this presentation, we will discuss about International Business Environment while focusing on the factors to globalize a business. Types of international business, growing importance to globalize, motivators to become an international company for a domestic firm will also be discussed here. Various favorable business environment and strategic decisions that influence and affect international business will be discussed along with.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
People looking out for International Trade theories, This Porters Diamond will be a useful presentation for you!... If requested on mail i will send you any particular Topic in International Business.
All the Best!
The world may continue to shrink in light of advanced technology, higher demands from markets and faster turnaround times, globalization has become a staple for world commerce and international business.
egional economic integration
,
levels of economic integration
,
free trade area b) customs union c) common marke
,
the political case for regional integration
,
the economic case for regional integration
,
mercosur
,
regional economic integration in europe
,
evolution of the european union
,
impediments to integration
,
the case against regional integration
,
the andean community
,
classroom performance system
,
the north american free trade agreement
,
asia-pacific economic cooperation
,
regional economic integration elsewhere
,
regional trade blocs in africa
,
political structure of the european union
,
enlargement of the european union
,
the single european act
,
the establishment of the euro
,
central american common market and caricom
In this presentation, we will discuss about International Business Environment while focusing on the factors to globalize a business. Types of international business, growing importance to globalize, motivators to become an international company for a domestic firm will also be discussed here. Various favorable business environment and strategic decisions that influence and affect international business will be discussed along with.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
People looking out for International Trade theories, This Porters Diamond will be a useful presentation for you!... If requested on mail i will send you any particular Topic in International Business.
All the Best!
The world may continue to shrink in light of advanced technology, higher demands from markets and faster turnaround times, globalization has become a staple for world commerce and international business.
egional economic integration
,
levels of economic integration
,
free trade area b) customs union c) common marke
,
the political case for regional integration
,
the economic case for regional integration
,
mercosur
,
regional economic integration in europe
,
evolution of the european union
,
impediments to integration
,
the case against regional integration
,
the andean community
,
classroom performance system
,
the north american free trade agreement
,
asia-pacific economic cooperation
,
regional economic integration elsewhere
,
regional trade blocs in africa
,
political structure of the european union
,
enlargement of the european union
,
the single european act
,
the establishment of the euro
,
central american common market and caricom
Senior Seminar in Business AdministrationBUS499 Strategic Ma.docxklinda1
Senior Seminar in Business Administration
BUS499
Strategic Management and Strategic Competitiveness
Welcome to the Government Contract Law.
In this lesson we will discuss Strategic Management and Strategic Competitiveness.
Please go to the next slide.
Objectives
Upon completion of this lesson, you will be able to:
Identify the vision, mission, and stakeholders of a firm
When you complete this lesson you will be able to:
Identify the vision, mission, and stakeholders of a firm.
Please go to the next slide.
Supporting Topics
The Competitive Landscape
The I/O Model of Above Average-Returns
The Resource-Based Model of Above Average-Returns
Vision and Mission
Stakeholders
Strategic Leaders
The Strategic Management Process
In order to achieve this objective, the following supporting topics will be covered:
The competitive landscape;
The I/O model of above average-returns;
The resource-based model of above average-returns;
Vision and mission;
Stakeholders;
Strategic leaders; and
The strategic management process.
Please go to the next slide.
The Competitive Landscape
Competition is Changing
Money is scare
Markets are becoming volatile
Firms effectively using the strategic management process
Hypercompetition
Challenge competitors
Competition between many of the world’s industries is changing. Many of these industries are competing due to money being scare and markets becoming volatile. Boundaries that once seemed drawn between industries are becoming blurred. An example of this challenge would be the advances in interactive computer networks and telecommunications. These advancements have entered into the realm of the entertainment industry. We also see that many partnerships in the entertainment industry further blur the boundaries of the industry. In order to be successful and maintain a competitive edge, managers must adopt new strategies to stay current with the evolving conditions.
Many firms effectively use the strategic management process to help reduce the likelihood of failure with various challenges they may encounter.
Hypercompetition is a term often used to illustrate the competitive landscape. The conditions of hypercompetition assume that market stability is replaced by notions of inherent instability and change.
Hypercompetition results from the dynamics of strategic maneuvering among global and innovative combatants. It is a condition of rapidly escalating competition based on the following:
Price quality positioning;
Competition to create new know-how and establish first mover advantage; and
Competition to protect or invade established product or geographic markets.
In a hypercompetitive market, firms will want to challenge their competitors with the end goal of improving their competitive position and performance. The emergence of a global economy and technology along with specifically rapid technological changes are the two primary elements of hypercompetitive environments and help create to.
The greenhouse effect is a process that occurs when gases in Earth's atmosphere trap the Sun's heat to make the earth surface warmer leading to global warming.
Smog is a kind of intense air pollution, originally named for the mixture of smoke and fog in the air. Major cities around the world are experiencing the effects of air pollution.
Acid rain or Acid deposition penetrates deeply into the sensitive fabric of ecosystem, thereby changing the chemistry of air, water, and soil and has huge impact
Putting the SPARK into Virtual Training.pptxCynthia Clay
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Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s DholeraAvirahi City Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
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Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
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• Three (3) key tips to maintain a disciplined workplace.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
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What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
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Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
2. BUSINESS ENVIRONMENTAL &ANALYSIS
Nature of Globalization
Why Do Companies Go Global
Manifestation of Globalization
Strategic Response to the Environment
Competitive Environment
Porter’s Five Forces Model – Competitive Analysis
3. Nature of Globalization
•In new paradigm it means fresh belief, new working methods, PEST realities
in which previous assumptions are no longer valid.
•Integration of developing economies with the world economies. Creating
one huge market (EURO, BRICS, NAFTA, OPEC)
•Reduction in tariffs and Removal of trade barriers.
•For companies it means:
•Globalization creates MNC or TNC with diversified portfolio using R&D,
Production, Marketing, and Financial advantages.
•Ability to compete in domestic market with foreign competitors.
4.
5. Nature of Globalization
•Global Companies has three Characteristics
•It is conglomerate of multiple units located at different parts of the world
•Multiple units draws common pool of resources, money, credit information,
patents, trade name, and control systems.
•Units responds to common strategy
•Super-national enterprise created by IMF or World Bank – works with nations
which permits its entry and will bring economic world closer together. It could
serve all nations without being especially attached to nay one of them.
6. WhyDo CompaniesGo Global
• Rapid shrinking of time and distance across globe due to faster
communication, speedier transportation, growing financial flows, and fast
emerging new technology.
• Home markets is not in position to absorb all goods / services that are
produced. Like Japanese goods flooding US markets.
• Develop attractive new products for home markets Export these
products Foreign demand grows Foreign production Foreign Direct
Investment.
• Companies go global to source cheaper raw materials besides protecting the
old markets and exploring the new markets.
• To reduce transportation costs. The higher the ratio of unit cost to the
selling price per unit, more significant transportation factor becomes.
7. WhyDo CompaniesGo Global
• Companies in electronic and communication go global to recover the
expenditure of R&D spends by selling it across major markets and
generate cash flows.
• The following developments are responsible for TNC operations.
• Increasing emphasis on market forces and growing role of private sector in
nearly all developing countries.
• Globalization of firms and Industries
• Fast changing technology affecting the organization
• The rise of service sector in the world economy, regional economic
integration and its growth.
8. Manifestationof Globalization
• Configuring anywhere in the world - Going to any location
• Interlinked and Independent Economies – Linked to Global economy
• Lowering of Trade and Tariff barriers – Less government intervention,
privatization makes markets more competitive and cheaper .
• Infrastructural Resources and Inputs at International Prices creates
competitive environment (check inflation and high infrastructural costs).
9. Manifestationof Globalization
• Increasing trends toward Privatization regulated by regulators
• Entrepreneur and his unit have central economic role and create national
wealth.
• Mobility of skilled resources and other factors of production – Eg. Inviting FDI
• Market Side Efficiency i.e. Cost, quality, processing time, terms of business are
dominant competition drivers. Better quality of product and service is
provided.
• Formation of Regional Blocks - Eg. SAARC which provides for regional
development, economic, social, cultural technical cooperation on matters of
common interests.
10. ResponsesToTheEnvironment
What business should do in particular situation in the environment?
It should exploit the opportunities and address the threats.
• Least Resistance: Goal maintaining units, passive in their behaviour,
content in taking path which offers least resistance.
• Proceed with Caution: They adapt to changing environment, monitor the
changes, analyse the impact on their goals and activities and adopt
strategies of survival, stability, and strength by taking corrective –adaptive
strength.
• Dynamic Response: Partially manageable and controllable business
environment. Feedback system is highly dynamic, converts threats in
opportunities. Have alternative course of action.
Organizations can shape part of its relevant external environment on a reciprocal basis
11. CompetitiveEnvironment
The competitive environment of a business is the part of a company's
external environment that consists of other firms trying to win customers
in the same market. It is the segment of the industry that includes all
immediate rivals.
Who are the competitors?
What are their product and services?
What are their market share?
What are their financial position?
What gives them cost and price advantage?
What are they likely to do next?
Who are the potential competitors?
12.
13. CompetitiveEnvironment
Cooperation in Competitive Environment:
• Oligopoly converting into Monopoly situation. Eg. OPEC
• Cooperation arrangement between Tata and Fiat
• Cold drink manufacturer in arrangement with restaurant chain
• Cooperative networks in Japan called as Kieretsus
Cooperation on Account of Family Ownership:
• The interest of family largely influence the managerial decisions and
activities of the enterprise. Birla, Tata, Reliance, Modi group etc.
• Succession remains a tricky issue.
• Split is sometimes possible hurting the interest of businesses and
investor sentiments.
15. Porter’s ForcesModel– CompetitiveAnalysis
Porter's Five Forces Analysis is an important tool for assessing the potential for profitability in an
industry. With a little adaptation, it is also useful as a way of assessing the balance of power in more
general situations. It works by looking at the strength of five important forces that affect competition:
• Supplier Power: The power of suppliers to drive up the prices of your inputs.
• Buyer Power: The power of your customers to drive down your prices.
• Competitive Rivalry: The strength of competition in the industry.
• The Threat of Substitution: The extent to which different products and services can be used in place of
your own.
• The Threat of New Entry: The ease with which new competitors can enter the market if they see that
you are making good profits (and then drive your prices down).
By thinking about how each force affects you, and by identifying the strength and direction of each
force, you can quickly assess the strength of your position and your ability to make a sustained profit in
the industry. You can then look at how you can affect each of the forces to move the balance of power
more in your favor.
16. Porter’s ForcesModel– CompetitiveAnalysis
• This worries him:
• The threat of new entry is quite high: if anyone looks as if they're making a
sustained profit, new competitors can come into the industry easily, reducing
profits.
• Competitive rivalry is extremely high: if someone raises prices, they'll be quickly
undercut. Intense competition puts strong downward pressure on prices.
• Buyer Power is strong, again implying strong downward pressure on prices.
• There is some threat of substitution.
Unless he is able to find some way of changing this situation, this looks like a
very tough industry to survive in. Maybe he'll need to specialize in a sector of
the market that's protected from some of these forces, or find a related
business that's in a stronger position.