Prajwal & group - MES College - Global Compinies
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This document discusses several global companies and their international operations and expansion strategies. It provides examples of Tata acquiring Corus and Jaguar, and discusses McDonald's, Starbucks, and Walmart's presence in international markets. Global companies aim to benefit from economies of scale by operating across borders in areas like R&D, marketing, and finance. They tend to be large in size, have centralized control while operating internationally, and use sophisticated technology to operate in global markets.
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As per bengalure north university MBA 4 SEM Core subject INTERNATIONAL BUSINESS DYNAMICS MODULE 2 ( GLOBALIZATION)
Management of International business
International business involves commercial transactions that cross national borders, including trade, investments, and transportation of goods, services, and economic resources between two or more countries. It has grown due to factors like advancing technology, reducing trade barriers, improving global institutions and infrastructure, expanding consumer markets and tastes, intensifying global competition, improving political relations among countries, and increasing cross-national cooperation. Understanding international business is important as most companies now operate or compete globally, and different cultures and policies must be considered to do business successfully in various countries. Firms choose between ethnocentric, polycentric, and geocentric orientations based on whether they focus on the home country, host countries, or a global perspective when conducting international operations.
International strategies and value of international strategies
In this presentation you will know about what are international strategies and what is the value of international strategies.How companies gain competitive advantage by implementing international strategies.
Glocalisation
Definition, features, strategies, merits and demerits, examples, factor affecting, hindrances to small firms are the topics covered under this presentation
MULTINATIONAL CORPORATIONS #1 - Introduction, Definitions and Characteristics
This document discusses multinational corporations (MNCs) and provides definitions and characteristics. It defines MNCs as companies that operate in multiple countries and have considerable foreign business. Examples given include McDonald's, Toyota, Samsung, and Exxon Mobil. MNCs are then defined based on their size, structure, performance, and behavior. Their key characteristics are outlined as being giant in size, having international operations, centralized control, oligopolistic power, sophisticated technology, professional management, operating in international markets, and having multiple objectives.
iv -ibm.pptx
This document discusses various global production, marketing, financial and human resource management strategies for businesses. It covers four main location strategies for global production networks: centralized global production, regional production, regional specialization, and vertical transnational integration. It also discusses global supply chain issues and management. Other topics include scale of operations, sources of funding, exchange rate risk management, strategic orientation approaches, selecting and roles of expatriate managers, international training and development, and make-or-buy decisions.
Class slides module 1-introduction to international marketing
This document provides an overview of key concepts in international marketing. It discusses the definition and evolution of international marketing from domestic marketing to global marketing. It also covers international marketing orientations including ethnocentric, polycentric and geocentric approaches. Additionally, it discusses the concepts of globalization and glocalization, and how companies pursue international marketing opportunities while also facing various driving and restraining forces. The document concludes with sections on ethical issues in international marketing and 10 commandments for an effective global marketing strategy.
About globalisation and ihrm
This document provides an overview of international human resource management. It discusses different strategic perspectives companies can take when operating internationally, including international, multinational, global, and transnational. It also covers topics such as motivations for international expansion, recruiting and selecting expatriates, cross-cultural training, compensating international employees, and repatriating employees back to their home country. The document aims to introduce some of the key considerations and challenges for managing human resources across national borders.
Eprg1
The document discusses international marketing and the EPRG model. It begins by defining international marketing as applying marketing principles across national boundaries. It then explains the EPRG model, which describes four orientations companies can take in international markets: ethnocentric, polycentric, regiocentric, and geocentric. The ethnocentric orientation views foreign markets as secondary and uses the same strategies as the domestic market. The polycentric orientation treats each foreign market separately. The regiocentric and geocentric orientations develop regional or global strategies, respectively. The document provides examples of companies using different orientations in international markets.
introduction: international business
This document provides an overview of international business. It begins by defining international business as any business operations that cross national borders, including trade, investment, and value-addition activities across countries. It then discusses the objectives of international business such as expanding sales, acquiring resources, and diversifying risk. Modes of international business include exports/imports, foreign direct investment, and strategic alliances. The document also covers the importance of international business for national economies, exporting firms, and maintaining political/economic relations. It identifies challenges such as navigating foreign laws, currency fluctuations, and cultural differences. Finally, it discusses the concepts of liberalization and privatization as drivers of international business.
Lec 1 (Int. Business Mgt)-1.pptx
The document discusses different aspects of international business. It begins by defining international business as all commercial transactions that occur between two or more countries, including sales, investments, and transportation. It then explains the four main types of international business: 1) exporting, 2) licensing, 3) franchising, and 4) foreign direct investment (FDI). FDI refers to building new facilities in another country and can take the form of joint ventures or wholly-owned subsidiaries. The document provides details on each of the four types of international business.
2013.11.19 Seminar on Born Globals
This document discusses "Born Global" firms, which are companies that seek international business opportunities from their inception. It defines Born Globals and explains why some companies start globally from the beginning. It describes the characteristics, types, success factors, opportunities, threats, and dimensions of internationalization for Born Global firms. Examples of Born Global companies from Pakistan and other countries are provided. The document concludes that while the phenomenon of Born Global firms is increasing, more research is still needed to fully understand it.
3-managing in global environment.pptx
Managers must consider their global perspective and attitude when operating internationally. There are three main attitudes: parochial views one's own culture as superior; ethnocentric views the home country's way as best; and geocentric takes a worldwide view seeking the best approaches anywhere. Successful global managers adopt a geocentric outlook. Organizations expand overseas through various strategies like exporting, licensing, franchising, strategic alliances, joint ventures, and foreign subsidiaries. Managing globally requires understanding differing economic systems, political and legal landscapes, and cultural norms across countries.
International trade
The document discusses international trade and its benefits, including lower costs, access to unavailable goods, economies of scale, and variety. It also discusses India's exports of petroleum, precious stones, pharmaceuticals, and defense goods. International business strategies include international, multi-domestic, global, and transnational approaches. A global information system can collect demographic and consumer data on a global scale to assist companies in developing products for international markets.
Ch 1 introduction exm
1. International trade involves cross-border transactions of goods, services, and resources between nations for commercial purposes.
2. There are several reasons why companies enter international markets, including accessing new markets and resources, reducing costs, and gaining competitive advantages.
3. While international trade provides benefits like increased specialization and access to cheaper goods, it also faces challenges such as political risks, trade barriers, and cultural differences between countries.
LECT-8-Global Environment In Corporate Strategy.pptx
Global Environment:
Global environment is the most vital component of macro environment.
It refers to operating in more than one country in the world & gain its R & D, production, marketing & financial advantages in terms of cost & reputations that are not available to domestic competitors.
Globalization of markets refers to the process of integrating & merging of world markets into a single market. This process involves the identification of some common norm, value, taste, preference & cultural shift towards the use of common product or services.
The Example of products having global acceptance are: Coca-Cola, Pepsi, Mc Donald’s, Citicorp Credit cards etc.
Characteristics of Global Environment:
Global Environment treats the whole world as a common village focuses on how organizations are related to each other.
It consists of a set of fresh beliefs, working methods, economic, political and socio-cultural relatives in business.
It integrates the world economy & opens scope for new potential of huge market.
It intends to remove all global barriers among countries.
Global Company:
Global company is a firm which having multiple units that are located in different parts of the world, but all are being linked by common ownership of umbrella.
Global multiple units draw a common pool of resources like: money, credit, information, patent, trade name & control system.
Its shareholders & human capital are of different nations. The company follows common strategy to sell its products in most of the countries.
Reasons For Globalization:
The large scale industries have mass production. So they focus on foreign market.
They try to reduce the risk of diversity of portfolio of countries.
Companies globalize markets in order to increase their profits & achieve goals.
The adverse business environment in the home country pushes the companies to globalize their market.
The failure of domestic companies in catering the needs of their customers pulled the foreign countries to market their products.
It is particularly important to industries which are directly depending on imports & exports.
Advantages Of Globalization:
Free flow of capital & increase in the total capital employed.
Free flow of technology from developed countries to developing countries.
Increase in industrialization.
Spread production facilities throughout the globe.
Balanced development of world economies.
Increased in production & consumption of outputs.
Commodities available at lower price with high quality.
Cultural exchange & demand for a variety of products in foreign market.
Increase in job opportunities & income for the country along with welfare & prosperity.
Disadvantage Of Globalization:
Globalization kills domestic small business firms.
It exploits human resources in global firms.
It leads to unemployment & underemployment in developing countries.
It declines income & standard of living due to unemployment & increases high gap between rich & poor.
Chapter 01.pptx
This document provides an overview of international business and trade. It discusses the objectives and meaning of international business courses. The key types of international business are export/import trade, foreign direct investment, licensing, franchising, and management contracts. Franchising and licensing are described in more detail. The document also covers the need for and drivers of internationalization, as well as the differences between international and domestic business. It discusses various approaches to international business such as ethnocentric, polycentric, and regiocentric approaches. Globalization and its impacts are also summarized.
Emerging giants
The document discusses strategies for companies in emerging markets to build world-class companies and compete against multinational corporations. It identifies three key strategies: 1) exploiting local understanding of product and resource markets, 2) treating institutional voids as business opportunities by filling gaps, and 3) focusing on strong execution and governance. Emerging market companies can gain advantages over MNCs by deeply understanding local customer needs and markets as well as leveraging local talent and resources.
Global strategy
This document provides an overview of key concepts in global strategy formulation. It discusses factors that drive industry globalization and unique risks of operating globally. It examines different global strategies like standardized, tailored, and changed approaches. It also analyzes Walmart's transformation into a major global company through international expansion focused initially in Americas, then China. Walmart exploited buying power, domestic competencies, and learned through local adaptations in different market entries.
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INTERNATIONAL BUSINESS DYNAMICS MODULE 2 ( GLOBALIZATION)
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- 2. • Before we move on with “GOING GLOBAL” lets take few day to day examples , like : • TATA • McDonald’s • Starbucks • Walmart
- 3. Talking about TATA TATA + CORUS (Takeover)
- 4. TATA + JAGUAR (Merger)
- 5. McDonald’s • Here we note the presence of McD in three global core areas, and the lack of presence in Africa.
- 6. Starbucks The company is well established in USA and Japan, and trying to get global entering into the markets of different countries.
- 7. Walmart is expanding using different techniques in different countries :
- 8. MEANING & Definition Global companies plan activities on a global basis. By operating in more than one country benefits from savings or economies on activities such as R&D, marketing, operations and finance are achieved which may not be available to domestic companies History & Evolution In the 16th century all of the continents came to be routinely linked by ocean-based communications. Trading activity in the modern sense rapidly followed at the beginning of the 17th century; it might be more accurate to say that it "returned" again because trading of such character had taken place in Roman times as well
- 9. Features of global Companies Huge Size International Operations Centralized Control Oligopolistic Power Sophisticated Technology International Market
- 10. Types Maltinational Corporations Multiunational Or International Enterprises Global Companies Or Organizations Transnational Corporations / Organizations
- 11. • Decentralized federation of assets and responsibilities • Decisions are Decentralized • Dominant Strategic Mentality • Operate in Number of Countries
- 12. • Structural Configarations • Decisions are Decentralized but controlled from Head Quarters • Overseas operations – an addition to Domestic Corporations • Dependence on Parent Companies For New Products • More Coordination and Control by Head Quarters
- 13. • Monopolistic Operator / Selling Strategy • Model Based on Centralized asset, resource & responsibility • Role of local subsidiaries is to assemble – policies & Plans developed at head quarters
- 14. • Specialized resources and capabilities are disappeared among the operating units globally • Interdependent and integrated • Complex process of coordination & Cooperation
- 15. Lets have the look at the IMPACTS or The RESULTS of INDIAN Economy in Various Sectors……
- 16. CULTURAL & TECHNOLOGICAL IMPACT TELEVISION SECTOR INTERNET RESTAURANTS MULTIPLEXS , MALLS ENTERTAINMENT
- 18. IMPACT ON AGRICULTURAL SECTOR BETTER EQUIPMENTS ACQUIRED 15% GDP 60% POPULATION DEPENDS UPON AGRICULTURE NEW TECHNIUES POLY FARMING GREEN HOUSES ORGANIC FARMING
- 19. IMPACT ON EDUCATION SECTOR NOW EDUCATION IS BECOMING ONE OF THE BASIC NEEDS THROUGHT INDIA FOREIGN COLLABRATIONS WITH UNIVERSITIES DISTANCE EDUCATION E - LEARNING TECHNOLOGY AIDED LEARNING
- 20. INDIAN COMPANIES GOING GLOBAL
- 22. THANKYOU