The document summarizes a chapter on international strategy from a textbook. It discusses various global strategies companies can take, including multi-domestic, global, and transnational strategies. It also covers reasons for expanding internationally such as growth, efficiency, managing risk, and learning. Additional topics include the CAGE framework for determining where to expand, different entry modes like exporting, licensing, and wholly owned subsidiaries, and choosing between greenfield, acquisition and joint ventures.
Spring term 1 assignment break even analysis small facilitybreak evcherry686017
Willow Smithe is planning to produce a unique toy for children. To determine if this venture will be profitable, Willow must analyze the costs required to produce and sell the toy. Fixed costs include expenses like rent that do not vary with production levels. Variable costs like materials fluctuate depending on the number of toys made. Using accounting concepts like contribution margin and break-even analysis, Willow can calculate the number of toys that must be sold to cover costs and generate a profit. This will help Willow decide if producing the toy is financially worthwhile.
The document discusses various aspects of global marketing including:
1) Reasons for companies to go global such as new trade agreements and transportation improvements.
2) Means for companies to enter foreign markets such as exports, strategic alliances, and wholly owned subsidiaries.
3) The evolution of multinational, global, and transnational approaches to marketing across borders.
4) Factors such as globalization, competition, and government policies that are driving more companies to adopt global marketing strategies.
The document provides an overview of Dollar Tree's business strategy. It analyzes Dollar Tree's financials, products/services, competitors, and external environment. It then proposes developing "Dollar Dome" vending machines for college campuses, arguing it would provide a new customer base and revenue stream while aligning with opportunities around convenience shopping trends. Strengths include entering a new market with little competition and appealing to cost-conscious college students.
The document defines several economic terms and concepts related to macroeconomics. It provides descriptions of key terms such as AAA credit rating, absolute advantage, absolute poverty, accelerator effect, accession countries, accommodatory policy, adjusted net savings, advanced economies, age dependency ratio, and ageing population. In less than 3 sentences, the document is a glossary that defines various macroeconomic terms and concepts.
In this time of recession Globe still remains the area for marketing so every marketer must try to vision his product for the globe to stay in competition.
This document discusses Dollar General's strategy to expand into a new store format called Dollar General Markets. It provides an overview of Dollar General's value proposition as an extreme-value retailer and its target customer base. It then analyzes potential growth vectors for expanding the brand and proposes using the Ansoff Matrix to guide market development. Finally, it outlines tactics for the new store format, including increasing assortments, private label offerings, and store sizes to avoid cannibalizing existing Dollar General stores. A feasibility analysis estimates opening 201 Dollar General Markets could achieve the sales growth target based on historical expansion rates.
This document discusses various concepts related to corporate strategy including:
- Corporate aims like survival, profit, growth which are achieved through objectives and strategies
- Mission statements which provide guidance and shared focus for employees
- Porter's strategies of low cost versus differentiation
- Ansoff's Matrix for strategic options
- Stakeholder perspectives which can conflict like shareholders wanting profit versus employees wanting better pay
- Economic, political, legal and technological factors that influence business strategy
- The importance of considering stakeholders, sustainability, ethics and social responsibility in strategy.
This document provides information on performing an external assessment and audit of opportunities and threats for a firm. It discusses five categories to analyze - economic, social/demographic/environmental, political/legal, technological, and competitive forces. An example five forces analysis of McDonald's is given examining competitive rivalry, bargaining power of customers and suppliers, threat of substitutes, and threat of new entrants. The document concludes with strategies for success including cost leadership, differentiation, and focus once an external analysis is complete.
Spring term 1 assignment break even analysis small facilitybreak evcherry686017
Willow Smithe is planning to produce a unique toy for children. To determine if this venture will be profitable, Willow must analyze the costs required to produce and sell the toy. Fixed costs include expenses like rent that do not vary with production levels. Variable costs like materials fluctuate depending on the number of toys made. Using accounting concepts like contribution margin and break-even analysis, Willow can calculate the number of toys that must be sold to cover costs and generate a profit. This will help Willow decide if producing the toy is financially worthwhile.
The document discusses various aspects of global marketing including:
1) Reasons for companies to go global such as new trade agreements and transportation improvements.
2) Means for companies to enter foreign markets such as exports, strategic alliances, and wholly owned subsidiaries.
3) The evolution of multinational, global, and transnational approaches to marketing across borders.
4) Factors such as globalization, competition, and government policies that are driving more companies to adopt global marketing strategies.
The document provides an overview of Dollar Tree's business strategy. It analyzes Dollar Tree's financials, products/services, competitors, and external environment. It then proposes developing "Dollar Dome" vending machines for college campuses, arguing it would provide a new customer base and revenue stream while aligning with opportunities around convenience shopping trends. Strengths include entering a new market with little competition and appealing to cost-conscious college students.
The document defines several economic terms and concepts related to macroeconomics. It provides descriptions of key terms such as AAA credit rating, absolute advantage, absolute poverty, accelerator effect, accession countries, accommodatory policy, adjusted net savings, advanced economies, age dependency ratio, and ageing population. In less than 3 sentences, the document is a glossary that defines various macroeconomic terms and concepts.
In this time of recession Globe still remains the area for marketing so every marketer must try to vision his product for the globe to stay in competition.
This document discusses Dollar General's strategy to expand into a new store format called Dollar General Markets. It provides an overview of Dollar General's value proposition as an extreme-value retailer and its target customer base. It then analyzes potential growth vectors for expanding the brand and proposes using the Ansoff Matrix to guide market development. Finally, it outlines tactics for the new store format, including increasing assortments, private label offerings, and store sizes to avoid cannibalizing existing Dollar General stores. A feasibility analysis estimates opening 201 Dollar General Markets could achieve the sales growth target based on historical expansion rates.
This document discusses various concepts related to corporate strategy including:
- Corporate aims like survival, profit, growth which are achieved through objectives and strategies
- Mission statements which provide guidance and shared focus for employees
- Porter's strategies of low cost versus differentiation
- Ansoff's Matrix for strategic options
- Stakeholder perspectives which can conflict like shareholders wanting profit versus employees wanting better pay
- Economic, political, legal and technological factors that influence business strategy
- The importance of considering stakeholders, sustainability, ethics and social responsibility in strategy.
This document provides information on performing an external assessment and audit of opportunities and threats for a firm. It discusses five categories to analyze - economic, social/demographic/environmental, political/legal, technological, and competitive forces. An example five forces analysis of McDonald's is given examining competitive rivalry, bargaining power of customers and suppliers, threat of substitutes, and threat of new entrants. The document concludes with strategies for success including cost leadership, differentiation, and focus once an external analysis is complete.
The document discusses various international strategies firms can take including exporting, licensing, strategic alliances, joint ventures, and wholly owned subsidiaries. It also analyzes factors that affect a nation's competitiveness and the motivations and risks of global expansion. The strategies involve different tradeoffs between adapting to local markets versus achieving economies of scale through standardization.
Dollar General is considering ways to effectively focus their growth. They are a dollar store chain founded in 1939 that has expanded to over 8,000 stores across 35 states. Alternatives proposed include expanding into California, urban or rural areas, a joint venture with Walgreens, adding money services or a pharmacy, changing store formats, partnering with Walmart, pursuing horizontal integration, expanding internationally to Canada, going private, or expanding product offerings. Each alternative was analyzed in terms of pros and cons related to costs, market potential, risks, and fit with Dollar General's business model and customer base.
The Dollar Tree mission statement outlines their focus on operating profitably as a customer-oriented, value-driven variety store at a $1 price point, while empowering associates and dealing honestly with others. They seek controlled and profitable growth. Established in 1953, Dollar Tree has nearly 3,000 stores and $3.3 billion in revenue as of 2005, targeting low to middle income customers with convenience and variety at $1.
This document defines various economic terms related to business and markets. Some key terms include:
- Abnormal profit refers to profit above normal levels, often due to barriers to entry in a monopolistic market.
- Agency problem refers to potential conflicts between shareholders and management of a firm.
- Economies of scale describe falling average costs as output increases due to efficiencies, while diseconomies of scale refer to rising costs from becoming too large.
- Barriers to entry make it difficult for new competitors to enter a market and undermine a monopoly.
The document provides definitions for various business economics concepts in a glossary format. It defines key terms related to market structures, costs, pricing strategies, mergers and acquisitions, competition, and other foundational concepts in business economics. Some key terms defined include monopoly, oligopoly, economies of scale, marginal cost, price discrimination, and mergers and acquisitions.
This document provides an overview of international marketing and pricing strategies. It discusses topics such as international pricing objectives, approaches to setting international prices including full cost versus variable cost and skimming versus penetration pricing. It also covers pricing issues like dumping, transfer pricing strategies, and factors that influence pricing decisions including costs, competition, demand, and the experience curve effect. The document provides examples and definitions of concepts like price escalation, countertrade, and various pricing methods used in international business.
Michael Porter's theory of national competitive advantage outlines four key factors that influence a nation's competitiveness: factor conditions, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry. Porter's diamond framework evaluates how these four factors interact to determine a nation's ability to participate competitively in international markets. Factor conditions include a nation's resources and infrastructure. Demand conditions refer to domestic demand for products and services. Related and supporting industries promote innovation when competitive industries prosper. Firm strategy and rivalry spur improvement and innovation through cultural differences and competition between companies.
The document provides a framework for analyzing the attractiveness and risks of investing in different countries. It discusses evaluating a country's market and industry opportunities based on factors like market size, growth, and quality of demand. It also discusses assessing country risks, including political, economic, competitive, and operational risks. The frameworks can help companies analyze the potential benefits, risks, and trade-offs of investing in different country markets and industries.
This document discusses various topics related to global marketing and international business strategies. It provides an overview of Coca-Cola's international expansion since the late 1800s when it began bottling and marketing overseas. It also briefly summarizes Vizio and Boeing's international operations. Additionally, it discusses factors like cultural differences, levels of internationalization, and challenges companies face entering foreign markets.
This document defines key economic terms used in macroeconomics. It provides definitions for terms like AAA credit rating (the best credit rating indicating negligible risk of default), accelerator effect (planned investment is positively linked to past and expected consumer demand growth), and aggregate supply shock (an inflation or potential output shock that reduces output and can increase inflation). In total, it defines over 30 important macroeconomic concepts.
This document outlines theories and practices related to managing multibusiness corporations. It discusses the multidivisional structure and its efficiency advantages. It also examines challenges like balancing decentralization and standardization. The document reviews the functions of corporate management and the development of strategic planning techniques like portfolio models. It discusses uses and limitations of these models as well as trends like delayering decision making and reformulating strategic planning processes.
This document provides an overview of different policies and economic theories related to labor markets, poverty, and income distribution. It discusses how wages are determined by supply and demand in competitive labor markets. It also examines hypotheses for earnings differences such as differences in productivity, human capital, discrimination, and winner-take-all markets. The document outlines trends in US income inequality and debates around redistribution. Finally, it analyzes policies for reducing poverty like welfare, negative income taxes, minimum wages, earned income tax credits, and public employment programs.
The world economy is change. The model of the 20th century corporation need to be adapted toward a 21st century model: flat, connected, focused on innovation, collaborative, global.
This document provides an overview of international marketing promotion strategies. It discusses topics like promotion mix, personal selling, international advertising, and global e-marketing. The document outlines the composition of a promotion strategy, including objectives, budget, and integrating advertising, sales promotion, public relations, personal selling, and direct marketing. It also summarizes strategies for advertising, including objectives, budget, creative strategy, media planning, and evaluating effectiveness. Sales promotion strategies target consumers, salespeople and business buyers through various incentive-based activities. The overall role of promotion is to stimulate demand by building customer relationships and focus.
This document defines key economic terms related to demand, supply, costs, profits, market structures, macroeconomic policies, and more. It discusses the inverse relationship between price and quantity demanded (demand), the positive relationship between price and quantity supplied (supply), producer and consumer surplus, excess demand and supply, cost-push and demand-pull inflation, elasticity, substitutes and complements, barriers to entry/exit, and market structures including monopoly, oligopoly, monopolistic competition, and perfect competition. It also defines GDP, fiscal and monetary policy, public goods, market failures, marginal revenue and costs, profit maximization, economies and diseconomies of scale, and increasing/diminishing returns.
The document discusses various factors that influence international marketing mix decisions and strategies for standardization versus adaptation across different areas of the marketing mix. It includes diagrams and examples of how companies have standardized or adapted elements of their product, promotion, price, and distribution strategies in international markets.
This document discusses various topics related to international marketing and product adaptation for foreign markets. It begins by listing recommended reading on the topic and topics to be covered, such as product policy, design, branding, and packaging decisions. It then discusses factors to consider when designing an international marketing program, including the degree of product standardization versus adaptation required. Key decisions for product policy are outlined, such as product type and life cycle. Reasons for product adaptation versus standardization are provided. The benefits of strong brands in local markets are described. International product strategies such as straight extension, adaptation, and innovation are introduced. Considerations for adapting products to foreign markets include target markets, regulations, competition, and company capabilities.
This document summarizes the globalization of Mexican businesses, particularly their expansion into the United States. It outlines that NAFTA fueled globalization by promoting US investments in Mexico and new market opportunities. Mexican firms have expanded globally through subsidiaries, strategic alliances, and stock/security sales. They primarily entered the US market through joint ventures and acquisitions to minimize risks and access resources. Most Mexican firms pursuing globalization focused on low prices, high quality, and targeting general consumer markets rather than exclusively Hispanic communities.
This document discusses the impact of globalization on the Hollywood film industry. It notes that Hollywood films now earn over half of box office receipts in major foreign markets, showing convergence of popular tastes globally. However, globalization also presents new challenges to Hollywood. It has led Hollywood to recognize the importance of foreign markets and adjust its business model to appeal to a global audience. Major impacts include foreign markets now providing the majority of revenue, films being altered for certain foreign markets, and Hollywood obtaining financing from global sources. While Hollywood remains the global leader, it faces competition from other film industries and barriers some countries erect to protect local films. Piracy also poses a major threat by reducing potential revenues.
This chapter discusses imperfect competition and the three types: monopoly, monopolistic competition, and oligopoly. It also covers the five sources of market power, how economies of scale affect costs, and how monopolists determine profit-maximizing output and price by setting marginal revenue equal to marginal cost. While monopolies maximize profits, they produce at a level below what would be best for society. The chapter concludes with a discussion of price discrimination.
Senior Seminar in Business Administration BUS 499Internation.docxklinda1
Senior Seminar in Business Administration
BUS 499
International Strategy
Hitt, M.A., Ireland, R.D., & Hoskisson, R.E. (2009). BUS499: Strategic management: Competitiveness and globalization, concepts and cases: 2009 custom edition (8th ed.). Mason, OH: South-Western Cengage Learning.
Welcome to Senior Seminar in Business Administration.
In this lesson we will discuss International Strategy.
Please go to the next slide.
Objectives
Upon completion of this lesson, you will be able to:
Identify various levels and types of strategy in a firm
Upon completion of this lesson, you will be able to:
Identify various levels and types of strategy in a firm.
Please go to the next slide.
Supporting Topics
Identifying international opportunities: incentives to use an international strategy
International strategies
Environmental trends
Choice of international entry mode
Strategic competitive outcomes
Risks in an international environment
In order to achieve this objective, the following supporting topics will be covered:
Identifying international opportunities: incentives to use an international strategy;
International strategies;
Environmental trends;
Choice of international entry mode;
Strategic competitive outcomes; and
Risks in an international environment.
Please go to the next slide.
Overview
International strategy
Demand develops in other countries
Secure needed resources
An international strategy is a strategy through which the firm sells its goods or services outside its domestic market. One of the primary reasons for implementing an international strategy is that international markets yield potential new opportunities.
Typically, a firm discovers an innovation in its home-country market, especially in an advanced economy such as that of the United States. Often demand for the product then develops in other countries, and exports are provided by domestic operations. Increased demand in foreign countries justifies making investments in foreign operations, especially to fend off foreign competitors.
Another traditional motive for firms to become multinational is to secure needed resources. Key supplies of raw material, especially minerals and energy, are important in some industries. Other industries, such as clothing, electronics, watch making, and many others, have moved portions of their operations to foreign locations in pursuit of lower production costs.
Please go to the next slide.
Overview, continued
Increased market size
Return on investment
Economies of scale and learning
Location advantages
When international strategies are successful, firms can derive four basic benefits:
Increased market size;
Greater returns on major capital investments or on investments in new products and processes;
Greater economies of scale, scope, or learning; and
A competitive advantage through location.
Firms can expand the size of their potential market by moving into international markets.
The primary reason for investing in inter.
The document discusses various international strategies firms can take including exporting, licensing, strategic alliances, joint ventures, and wholly owned subsidiaries. It also analyzes factors that affect a nation's competitiveness and the motivations and risks of global expansion. The strategies involve different tradeoffs between adapting to local markets versus achieving economies of scale through standardization.
Dollar General is considering ways to effectively focus their growth. They are a dollar store chain founded in 1939 that has expanded to over 8,000 stores across 35 states. Alternatives proposed include expanding into California, urban or rural areas, a joint venture with Walgreens, adding money services or a pharmacy, changing store formats, partnering with Walmart, pursuing horizontal integration, expanding internationally to Canada, going private, or expanding product offerings. Each alternative was analyzed in terms of pros and cons related to costs, market potential, risks, and fit with Dollar General's business model and customer base.
The Dollar Tree mission statement outlines their focus on operating profitably as a customer-oriented, value-driven variety store at a $1 price point, while empowering associates and dealing honestly with others. They seek controlled and profitable growth. Established in 1953, Dollar Tree has nearly 3,000 stores and $3.3 billion in revenue as of 2005, targeting low to middle income customers with convenience and variety at $1.
This document defines various economic terms related to business and markets. Some key terms include:
- Abnormal profit refers to profit above normal levels, often due to barriers to entry in a monopolistic market.
- Agency problem refers to potential conflicts between shareholders and management of a firm.
- Economies of scale describe falling average costs as output increases due to efficiencies, while diseconomies of scale refer to rising costs from becoming too large.
- Barriers to entry make it difficult for new competitors to enter a market and undermine a monopoly.
The document provides definitions for various business economics concepts in a glossary format. It defines key terms related to market structures, costs, pricing strategies, mergers and acquisitions, competition, and other foundational concepts in business economics. Some key terms defined include monopoly, oligopoly, economies of scale, marginal cost, price discrimination, and mergers and acquisitions.
This document provides an overview of international marketing and pricing strategies. It discusses topics such as international pricing objectives, approaches to setting international prices including full cost versus variable cost and skimming versus penetration pricing. It also covers pricing issues like dumping, transfer pricing strategies, and factors that influence pricing decisions including costs, competition, demand, and the experience curve effect. The document provides examples and definitions of concepts like price escalation, countertrade, and various pricing methods used in international business.
Michael Porter's theory of national competitive advantage outlines four key factors that influence a nation's competitiveness: factor conditions, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry. Porter's diamond framework evaluates how these four factors interact to determine a nation's ability to participate competitively in international markets. Factor conditions include a nation's resources and infrastructure. Demand conditions refer to domestic demand for products and services. Related and supporting industries promote innovation when competitive industries prosper. Firm strategy and rivalry spur improvement and innovation through cultural differences and competition between companies.
The document provides a framework for analyzing the attractiveness and risks of investing in different countries. It discusses evaluating a country's market and industry opportunities based on factors like market size, growth, and quality of demand. It also discusses assessing country risks, including political, economic, competitive, and operational risks. The frameworks can help companies analyze the potential benefits, risks, and trade-offs of investing in different country markets and industries.
This document discusses various topics related to global marketing and international business strategies. It provides an overview of Coca-Cola's international expansion since the late 1800s when it began bottling and marketing overseas. It also briefly summarizes Vizio and Boeing's international operations. Additionally, it discusses factors like cultural differences, levels of internationalization, and challenges companies face entering foreign markets.
This document defines key economic terms used in macroeconomics. It provides definitions for terms like AAA credit rating (the best credit rating indicating negligible risk of default), accelerator effect (planned investment is positively linked to past and expected consumer demand growth), and aggregate supply shock (an inflation or potential output shock that reduces output and can increase inflation). In total, it defines over 30 important macroeconomic concepts.
This document outlines theories and practices related to managing multibusiness corporations. It discusses the multidivisional structure and its efficiency advantages. It also examines challenges like balancing decentralization and standardization. The document reviews the functions of corporate management and the development of strategic planning techniques like portfolio models. It discusses uses and limitations of these models as well as trends like delayering decision making and reformulating strategic planning processes.
This document provides an overview of different policies and economic theories related to labor markets, poverty, and income distribution. It discusses how wages are determined by supply and demand in competitive labor markets. It also examines hypotheses for earnings differences such as differences in productivity, human capital, discrimination, and winner-take-all markets. The document outlines trends in US income inequality and debates around redistribution. Finally, it analyzes policies for reducing poverty like welfare, negative income taxes, minimum wages, earned income tax credits, and public employment programs.
The world economy is change. The model of the 20th century corporation need to be adapted toward a 21st century model: flat, connected, focused on innovation, collaborative, global.
This document provides an overview of international marketing promotion strategies. It discusses topics like promotion mix, personal selling, international advertising, and global e-marketing. The document outlines the composition of a promotion strategy, including objectives, budget, and integrating advertising, sales promotion, public relations, personal selling, and direct marketing. It also summarizes strategies for advertising, including objectives, budget, creative strategy, media planning, and evaluating effectiveness. Sales promotion strategies target consumers, salespeople and business buyers through various incentive-based activities. The overall role of promotion is to stimulate demand by building customer relationships and focus.
This document defines key economic terms related to demand, supply, costs, profits, market structures, macroeconomic policies, and more. It discusses the inverse relationship between price and quantity demanded (demand), the positive relationship between price and quantity supplied (supply), producer and consumer surplus, excess demand and supply, cost-push and demand-pull inflation, elasticity, substitutes and complements, barriers to entry/exit, and market structures including monopoly, oligopoly, monopolistic competition, and perfect competition. It also defines GDP, fiscal and monetary policy, public goods, market failures, marginal revenue and costs, profit maximization, economies and diseconomies of scale, and increasing/diminishing returns.
The document discusses various factors that influence international marketing mix decisions and strategies for standardization versus adaptation across different areas of the marketing mix. It includes diagrams and examples of how companies have standardized or adapted elements of their product, promotion, price, and distribution strategies in international markets.
This document discusses various topics related to international marketing and product adaptation for foreign markets. It begins by listing recommended reading on the topic and topics to be covered, such as product policy, design, branding, and packaging decisions. It then discusses factors to consider when designing an international marketing program, including the degree of product standardization versus adaptation required. Key decisions for product policy are outlined, such as product type and life cycle. Reasons for product adaptation versus standardization are provided. The benefits of strong brands in local markets are described. International product strategies such as straight extension, adaptation, and innovation are introduced. Considerations for adapting products to foreign markets include target markets, regulations, competition, and company capabilities.
This document summarizes the globalization of Mexican businesses, particularly their expansion into the United States. It outlines that NAFTA fueled globalization by promoting US investments in Mexico and new market opportunities. Mexican firms have expanded globally through subsidiaries, strategic alliances, and stock/security sales. They primarily entered the US market through joint ventures and acquisitions to minimize risks and access resources. Most Mexican firms pursuing globalization focused on low prices, high quality, and targeting general consumer markets rather than exclusively Hispanic communities.
This document discusses the impact of globalization on the Hollywood film industry. It notes that Hollywood films now earn over half of box office receipts in major foreign markets, showing convergence of popular tastes globally. However, globalization also presents new challenges to Hollywood. It has led Hollywood to recognize the importance of foreign markets and adjust its business model to appeal to a global audience. Major impacts include foreign markets now providing the majority of revenue, films being altered for certain foreign markets, and Hollywood obtaining financing from global sources. While Hollywood remains the global leader, it faces competition from other film industries and barriers some countries erect to protect local films. Piracy also poses a major threat by reducing potential revenues.
This chapter discusses imperfect competition and the three types: monopoly, monopolistic competition, and oligopoly. It also covers the five sources of market power, how economies of scale affect costs, and how monopolists determine profit-maximizing output and price by setting marginal revenue equal to marginal cost. While monopolies maximize profits, they produce at a level below what would be best for society. The chapter concludes with a discussion of price discrimination.
Senior Seminar in Business Administration BUS 499Internation.docxklinda1
Senior Seminar in Business Administration
BUS 499
International Strategy
Hitt, M.A., Ireland, R.D., & Hoskisson, R.E. (2009). BUS499: Strategic management: Competitiveness and globalization, concepts and cases: 2009 custom edition (8th ed.). Mason, OH: South-Western Cengage Learning.
Welcome to Senior Seminar in Business Administration.
In this lesson we will discuss International Strategy.
Please go to the next slide.
Objectives
Upon completion of this lesson, you will be able to:
Identify various levels and types of strategy in a firm
Upon completion of this lesson, you will be able to:
Identify various levels and types of strategy in a firm.
Please go to the next slide.
Supporting Topics
Identifying international opportunities: incentives to use an international strategy
International strategies
Environmental trends
Choice of international entry mode
Strategic competitive outcomes
Risks in an international environment
In order to achieve this objective, the following supporting topics will be covered:
Identifying international opportunities: incentives to use an international strategy;
International strategies;
Environmental trends;
Choice of international entry mode;
Strategic competitive outcomes; and
Risks in an international environment.
Please go to the next slide.
Overview
International strategy
Demand develops in other countries
Secure needed resources
An international strategy is a strategy through which the firm sells its goods or services outside its domestic market. One of the primary reasons for implementing an international strategy is that international markets yield potential new opportunities.
Typically, a firm discovers an innovation in its home-country market, especially in an advanced economy such as that of the United States. Often demand for the product then develops in other countries, and exports are provided by domestic operations. Increased demand in foreign countries justifies making investments in foreign operations, especially to fend off foreign competitors.
Another traditional motive for firms to become multinational is to secure needed resources. Key supplies of raw material, especially minerals and energy, are important in some industries. Other industries, such as clothing, electronics, watch making, and many others, have moved portions of their operations to foreign locations in pursuit of lower production costs.
Please go to the next slide.
Overview, continued
Increased market size
Return on investment
Economies of scale and learning
Location advantages
When international strategies are successful, firms can derive four basic benefits:
Increased market size;
Greater returns on major capital investments or on investments in new products and processes;
Greater economies of scale, scope, or learning; and
A competitive advantage through location.
Firms can expand the size of their potential market by moving into international markets.
The primary reason for investing in inter.
The document summarizes key concepts from Chapter 7 on international strategy, including:
1) The importance of international expansion as a diversification strategy and understanding sources of national advantage.
2) The motivations and risks associated with international expansion, including increasing market scope and reducing costs.
3) The two opposing forces of cost reduction and adaptation to local markets that firms face internationally.
4) The advantages and limitations of global, multidomestic, and transnational strategies, and the four basic entry strategies of exporting, licensing, strategic alliances, and wholly owned subsidiaries.
This document discusses international strategy and opportunities for firms. It outlines four primary reasons for pursuing an international strategy: increased market size, return on investment, economies of scale and learning, and access to low-cost locations. The document then discusses three types of international corporate strategies - multidomestic, global, and transnational - and explains their key characteristics. Finally, it analyzes factors firms must consider when internationalizing, such as entry modes, risks, and challenges of managing a multinational business.
Dole Foods is considering international expansion and must make several strategic decisions. It must determine which foreign markets to enter, when to enter them, how much resources to commit initially, and how to enter through options like exporting, licensing, joint ventures, or wholly owned subsidiaries. Key factors in these decisions include advantages and risks of early vs late entry, pressures for low costs vs local responsiveness, and whether to make or buy component parts through strategic alliances.
Dole Foods is considering international expansion and must make several strategic decisions. It must determine which foreign markets to enter, when to enter them, how much resources to commit initially, and how to enter through options like exporting, licensing, joint ventures, or wholly owned subsidiaries. Key factors in these decisions include advantages and risks of early vs late entry, pressures for low costs vs local responsiveness, and whether to make or buy component parts through strategic alliances.
Alliances and joint-ventures the way forward in Relation marketing in ZimbabweBernard Tapiwa Sithole
The document discusses various types of strategic alliances and joint ventures, providing definitions and examples. It outlines the six markets framework for relationship marketing and applies it to MSU Zimbabwe. It then distinguishes between joint ventures and strategic alliances, providing characteristics and examples of each. The document also discusses benefits and risks of strategic alliances for universities in Zimbabwe and outlines seven common types of strategic alliances - joint ventures, outsourcing, affiliate marketing, licensing, product licensing, franchising, and R&D alliances - giving definitions and examples of each.
This document discusses international strategy and opportunities for firms. It covers traditional motives for international diversification like accessing larger markets and resources. It also discusses three levels of international strategy - multinational, global, and transnational. Key risks of internationalization include political risks from government instability and economic risks from currency and inflation rate fluctuations. Modes of entering foreign markets addressed include exporting, licensing, strategic alliances, acquisitions, and new wholly-owned subsidiaries.
Mba 1 mm-1 u-4.3 international market entry strategiesRai University
The document discusses various global market entry strategies for companies. It covers 10 different entry strategies - exporting, licensing, franchising, contract manufacturing, joint ventures, wholly owned subsidiaries, strategic alliances, and their benefits and challenges. It also discusses factors to consider for target market selection and choosing the right entry mode based on market characteristics. Lastly, it summarizes different product, promotion, pricing and distribution strategies companies can adopt for global marketing.
Mba 1 mm-1 u-4.3 international market entry strategiesRai University
This document discusses strategies for entering global markets. It covers selecting target markets, choosing an entry mode, and different options like exporting, licensing, franchising, contract manufacturing, joint ventures, wholly owned subsidiaries, and strategic alliances. For each option, it outlines the benefits and challenges. It also discusses factors that influence choosing an entry mode like market size, risk, regulations and developing successful international joint ventures and alliances. The document provides an overview of developing global marketing strategies for products, promotion, pricing and place.
CHAPTER 7 Strategies for Competing in International Markets.docxrobertad6
This chapter discusses strategies for competing internationally. It explains the primary reasons companies enter foreign markets and how differing market conditions influence strategy choices. The five major strategic options for entering markets are exporting, licensing, franchising, foreign subsidiaries, and alliances/joint ventures. The three main international strategies are multidomestic, global, and transnational. Locating value chain activities advantageously and sharing/transferring resources across borders can build competitive advantage.
Introduction to global strategic planning and market expansionPradeep Awasare
This document provides an overview of global strategic planning and global market expansion. It discusses how the world is becoming more homogeneous and markets are becoming global in nature. It then covers various aspects of developing a global strategy including understanding the core business, conducting market and competitive analyses, choosing target countries and segments, developing a global marketing program, implementation considerations, and potential pitfalls to avoid. Finally, it discusses factors driving globalization and different types of international ownership and strategic arrangements firms can utilize.
The document discusses various strategies that multinational companies use to organize their global marketing operations. It describes how companies have moved from standardization to localization approaches over the decades. Common strategies discussed include decentralization, adapting to local tastes, and focusing on long term planning. The planning process for global markets is outlined in four phases: preliminary analysis, adapting the marketing mix, developing a marketing plan, and implementation. Alternative market entry strategies like exporting, contractual agreements, direct foreign investment are also summarized.
There are three main reasons why companies expand into foreign markets: 1) To gain access to new customers, capitalize on core competencies, and achieve lower costs and enhance competitiveness; 2) To spread business risk across a wider market base; and 3) To obtain access to valuable natural resources. When expanding globally, companies must determine whether to standardize their offerings worldwide or customize them for each country, and how to efficiently transfer their capabilities between countries to gain an advantage.
GBS CH 6 COUNTRY EVALUATION AND SELECTION Shadina Shah
This document discusses factors to consider when evaluating and selecting countries for international business operations. It covers the importance of location, scanning countries to identify opportunities and risks, and variables to assess like sales expansion, resource acquisition, and political risk. The key steps are scanning countries broadly first before narrowing down options for more detailed analysis considering objectives, strategies, environmental factors, and flexibility as conditions can change. Opportunity variables include sales potential and accessing resources, while risk variables include political, economic, natural disaster, and competitive risks. Companies must prioritize and weigh these factors to decide where and how much to invest abroad.
This document provides an introduction and overview of key concepts in strategic management, including:
- Strategic management involves determining objectives and strategies to help achieve corporate goals through continuous strategic decision making and environmental analysis.
- Business strategy focuses on how to compete successfully in a given industry or market through gaining competitive advantage.
- Strategic decisions require top management, involve large resources, have long-term impacts, and consider external factors.
- Competitive advantage can come from lower costs, differentiation, switching costs, intellectual property, and being difficult for competitors to replicate. Sustainable competitive advantage lasts over time.
There are several strategies for entering foreign markets, including direct exporting, licensing, franchising, partnering, joint ventures, buying an existing company, piggybacking, turnkey projects, and greenfield investments. Each strategy has advantages and disadvantages depending on factors like tariffs, required product adaptation, costs, and regulations. Partnering and joint ventures allow sharing of risks, resources, and local knowledge but can also create competition if not structured properly. Turnkey projects provide a complete solution for complex infrastructure projects but local subcontracting opportunities. Greenfield investments require the most involvement but may be necessary due to various market factors.
This document provides an overview of chapter 8 from the textbook "Strategic Management: Competitiveness & Globalization" which covers international strategy. It discusses the incentives for firms to pursue international strategies and the benefits they can provide. The chapter examines the determinants of national advantage that influence international business-level strategies. It then outlines the three main types of international corporate-level strategies - multidomestic, global, and transnational - and how they differ in their needs for global integration and local responsiveness. Environmental trends affecting international strategy choices, such as liability of foreignness and regionalization, are also summarized.
RDEs are becoming major competitors due to lower labor costs and raw materials. 80% of the world's population lives in emerging markets like China, India, and Brazil. Hundreds of millions now form a middle class market. To compete globally, companies need strategies to meet needs in both low and high growth markets using new competitive models as power shifts east and RDEs rise.
Similar to Strategic management jeff dyerthird editionchapter 9inter (20)
Please provide answer, write program in Prolog for the following.docxcherry686017
Please provide answer, write program in Prolog for the following rules and facts.
RULES:
Use the rules on "When to Seek Medical Attention" from
carona virus
Watch for symptoms
People with COVID-19 have had a wide range of symptoms reported - ranging from mild symptoms to severe illness.
These symptoms may appear
2-14 days after exposure to the virus:
Fever
Cough
Shortness of breath or difficulty breathing
Chills
Repeated shaking with chills
Muscle pain
Headache
Sore throat
New loss of taste or smell
When to Seek Medical Attention
If you develop any of these
emergency warning signs*
for COVID-19 get
medical attention immediately:
Trouble breathing
Persistent pain or pressure in the chest
New confusion or inability to arouse
Bluish lips or face
*This list is not all inclusive. Please consult your medical provider for any other symptoms that are severe or concerning to you.
FACTS
John has Fever, Cough and Trouble breathing
Amanda has Fever, Cough and Sore throat
.
Please provide references for your original postings in APA form.docxcherry686017
Please provide references for your original postings in APA format. 300 Words with proper references.
What do you think is the best combination of the types of authentication? Is that type of authentication appropriate for all types of access?
Some have made the argument that using WEP presents more security issues than if all traffic were in the clear. What do you think?
.
Please provide reference in APARequired FormatTitle Page AP.docxcherry686017
Please provide reference in APA
Required Format:
Title Page APA Format
Introduction
Concept of Systems Thinking (
Level 1 APA Heading
)
Difference Between Systems Thinking and Silo Thinking
(Level 1 APA Heading)
Applying Systems Thinking in My Work Environment
(Level 1 APA Heading)
Conclusion
1. Explain and discuss the concept of systems thinking.
2. Explain and give an example of the difference between silo thinking and systems thinking
3. Provide one example of where you could apply systems thinking that would positively affect your current work environment.
.
Please post here your chosen topic and information about why y.docxcherry686017
Please post here your chosen topic and information about why you chose it. Note: it must be a NON-INFECTIOUS agent (with few exceptions and it cannot be what you chose for discussion 2), so it cannot be caused by an organism. Please review the syllabus for more details.
A reminder from the syllabus:
The disease or disorder should not be a common disease that has already addressed in our course. With rare exception, it should not be an infectious disease (caused by an infectious organism).
Common diseases should be AVOIDED, including coronary artery disease, Alzheimer's disease, arthritis, diabetes, AIDS, hypo- and hyper-thyroidism, hypertension, psoriasis, sleep apnea, Lyme’s Disease, sinusitis, allergic rhinitis, mononucleosis, asthma, urinary tract infections, many STDs (check with your instructor), irritable bowel disease, strep throat, MRSA, polio, tuberculosis, Lockjaw, anorexia nervosa, autism, Down syndrome, and many cancers (check with your instructor).
The information you present should include sufficient detail to demonstrate that you have completed some preliminary research and should present a clear rationale for your choice.
If you're struggling with ideas, think of something you or someone you know may be dealing with. Or perhaps take a look at webMD and see if you find something interesting. Or watch a medical show, like The Good Doctor.
Please change your Title of your discussion post to the name of the disease.
.
Please pick your favorite article from Ms Magazine and do a one.docxcherry686017
Please pick your favorite article from
Ms Magazine
and do a one page (double spaced) write up of how it relates to what you have learned so far in this class
( something under one of these topics: what women's studies \ What is sex ? what is Gender \ secrets of masculinity and Femininity \ theories about the construction of gender \ intersectionality)
.
Please provide discussion of the following1. Weyerhaeuser made .docxcherry686017
Please provide discussion of the following:
1. Weyerhaeuser made a one-year commitment to help their employees living in New Orleans who were victims of Katrina. What types of assistance was provided under this commitment and what impact did it have on the lives of those most affected?
2. Please research and provide an overview of a company that provided assistance to the one of our more recent, natural events.
.
Please provide a summary of the key learning from the chapter. The .docxcherry686017
Please provide a summary of the key learning from the chapter. The summary is expected to be a simple write up, can be free form, and should include:
Brief
description in written form of the concepts that you have learned form reading the chapter.
If you wish (but not mandatory) and
if applicable
, you can cite examples that may illustrate some of the concepts. Examples can be from your our work, academia, experience, other organizations, etc.
There is
No Need
to summarize any of the formulas, graphs, tables, workflows, etc.
Summary should be
concise
and should fit on
No More Than One Page
.
Summary can entered in Canvas, posted or emailed as a document file typed in Microsoft Word, Powerpoint, or any other media that you choose.
.
Please pay close attention to the highlighted areas Please answe.docxcherry686017
Please pay close attention to the highlighted areas
Please answer all questions that are highlighted in red
Please write two full and complete pages
Cite your sources
Please use more of your own words than other authors
The job of the Supreme Court is to apply the Constitution, not to make public policy. That means that if they're doing their job, the specific outcomes of the decision shouldn't be a factor in their decision. That's why, sometimes, bad guys go free because the police violated a rule that protects all of us in we're accused of wrongdoing. Free speech can also be troublesome. It sounds a lot better in theory than it sometimes turns out in practice.
Find a Supreme Court case called Elonis v. United States (Links to an external site.).
What can you say and not say on social media? Where does your freedom of speech end and become a specific threat to another person?
Read about the case and write a 2 - 5 page essay telling your reader what the case was about, what the court majority decided and why. If you were a Supreme Court Justice, what would your decision have been and why?
Submit in Word. Cite your sources.
Resources
The SCOTUS blog is always a great place to start: http://www.scotusblog.com/case-files/cases/elonis-v-united-states/ (Links to an external site.)
The Cornell Law School also: https://www.law.cornell.edu/supct/cert/13-983 (Links to an external site.)
As always, the New York Times is a great resource for Supreme Court cases: http://www.nytimes.com/2015/06/02/us/supreme-court-rules-in-anthony-elonis-online-threats-case.html (Links to an external site.)
.
Please pay attention to the topicZero Plagiarisfive referenc.docxcherry686017
Please pay attention to the topic
Zero Plagiaris
five references
Post
an explanation of whether psychotherapy has a biological basis. Explain how culture, religion, and socioeconomics might influence one’s perspective of the value of psychotherapy treatments. Support your rationale with evidence-based literature.
Wheeler, K. (Eds.). (2014).
Psychotherapy for the advanced practice psychiatric nurse: A how-to guide for evidence-based practice
(2nd ed.). New York, NY: Springer Publishing Company
.
PLEASE OPEN THE ATTACH MENTWhen a dietary supplement is consid.docxcherry686017
PLEASE OPEN THE ATTACH MENT
When a dietary supplement is considered food and when is it considered a drug? Describe in detail why and when someone would need to take a dietary supplement. Is monitoring your nutritional intake important? Why or Why not? Please provide examples in paragraph form. What is your perception of a healthy diet, why and what does it consist of?
.
Please make sure that it is your own work and not copy and paste. Wa.docxcherry686017
Please make sure that it is your own work and not copy and paste. Watch out for grammar errors and spelling errors. Use the APA format.
Book Refernce: Robbins, S. P., & Judge, T. A. (2019).
Organizational behavior
(18th ed.). New York, NY: Pearson.
How do you distinguish between attitudes and moods? What is one example that supports your position? As you address the question, you are to consider how outside sources might be used to support your position.
.
please no plagiarism, 5 pages and fallow the rubic Quantitat.docxcherry686017
please no plagiarism, 5 pages and fallow the rubic
Quantitative Research Design. Rigor and Validity in Quantitative Research.
Title Page: Title of article, journal information and your name and date
1 point
Your score
Abstract: Brief summary of article (1-2 paragraphs)
1 points
The Problem: (2 or 3 paragraphs)
Is the problem clearly stated?
Is the problem practically important?
What is the purpose of the study?
What is the hypothesis?
Are the key terms defined?
3 points
Review of Literature: (1 -2 paragraphs)
Are the cited sources pertinent to the study?
Is the review too broad or too narrow?
Are the references recent?
Is there any evidence of bias?
2 points
Design and Procedures: (3-4 paragraphs)
What research methodology was used?
Was it a replica study or an original study?
What measurement tools were used?
How were the procedures structures?
Was a pilot study conducted?
What are the variables?
How was sampling performed?
3 points
Data analysis and Presentation: (1 - 2 paragraphs)
2 points
How was data analyzed?
Did findings support the hypothesis and purpose?
Were weaknesses and problems discussed?
Conclusions and Implications: (2-3 paragraphs)
3 points
Are the conclusions of the study related to the original purpose?
Were the implications discussed?
Whom the results and conclusions will affect?
What recommendations were made at the conclusion?
What is your overall assessment of the study and the article?
Total
15 points
(100%)
Grade
.
Please make sure to follow the below.Please note that this is .docxcherry686017
Please make sure to follow the below.
Please note that this is a formal writing, all references (peer-reviewed) mostly must be cited appropriately within the text.
Clearly avoid plagiarism.
The paper should have a minimum of 10 pages, 1.5 spacing and Times New Roman font.
A minimum of 5 peer review references must be provided.
Reference style is APA.
.
Please make revision in the prospectus checklist assignment base.docxcherry686017
Please make revision in the prospectus checklist assignment based on my professor feedback. For now, she wants to only focus on (1) the problem statement, (2) the practice focus question, (3) the social change.
I’m also attaching a copy of the previous prospectus draft which the professor returned to me with her feedback. Also, I included an outline of the project in the file section (see attached file).
Include as many scholarly references (at least 10) as needed and cite often.
APA format required.
Due on Sunday 10/06/19 by 12pm America/New York time.
.
Please note research can NOT be on organization related to minors, i.docxcherry686017
Please note research can NOT be on organization related to minors, incarcerated individuals or mental health co morbidities. Research a selected local, national, or global nonprofit organization or government agency to determine how it contributes to public health and safety improvements, promotes equal opportunity, and improves the quality of life within the community. Submit your findings in a 3-5 page report.
As you begin to prepare this assessment, it would be an excellent choice to complete the Nonprofit Organizations and Community Health activity. Complete this activity to gain insight into promoting equal opportunity and improving the quality of life in a community. The information gained from completing this activity will help you succeed with the assessment.
Professional Context
Many organizations work to better local and global communities' quality of life and promote health and safety in times of crisis. As public health and safety advocates, nurses must be cognizant of how such organizations help certain populations. As change agents, nurses must be aware of factors that impact the organization and the services that it offers. Familiarity with these organizations enables the nurse to offer assistance as a volunteer and source of referral.
This assessment provides an opportunity for you gain insight into the mission, vision, and operations of a community services organization of interest.
Demonstration of Proficiency
By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
Competency 1: Analyze health risks and health care needs among distinct populations.
Explain how an organization’s work impacts the health and/or safety needs of a local community.
Competency 2: Propose health promotion strategies to improve the health of populations.
Explain how an organization’s mission and vision enable it to contribute to public health and safety improvements.
Competency 3: Evaluate health policies, based on their ability to achieve desired outcomes.
Assess the impact of funding sources, policy, and legislation on an organization’s provision of services.
Competency 4: Integrate principles of social justice in community health interventions.
Evaluate an organization’s ability to promote equal opportunity and improve the quality of life within a community.
Competency 5: Apply professional, scholarly communication strategies to lead health promotion and improve population health.
Write clearly and concisely in a logically coherent and appropriate form and style.
Note:
Complete the assessments in this course in the order in which they are presented.
Preparation
Assume you are interested in expanding your role as a nurse and are considering working in an area where you can help to promote equal opportunity and improve the quality of life within the local or global community. You are aware of the work .
please no plagiarism our class uses Turnitin You are expected to pr.docxcherry686017
please no plagiarism our class uses Turnitin You are expected to provide supporting details for your responses; that support may come from the points covered in the readings and additional external research all source must be cited and listed (
appropriately cited
) in APA
.
Please know that the score is just a ball-park and d.docxcherry686017
Please know that the score is just a ball-park and doesn't represent a grade that would be equivalent to a final paper. I suggest reviewing this as well as the prompt / student samples again.
Hi, this has potential -- the evidence is apparent. Remember this is
Summary, not….lists, and it must be clear where the evidence is from via source attribution.
company name / job -- title?
source?
I have not idea where this evidence is from
oh, boy - -this is way off. making a list is not part of the assignment / summary is with source attribution
I don't mind a table or chart but where is it from and what is the purpose of it.
I'm not seeing a government source
Field Research Project
ORIGINALITY REPORT
12%
SIMILARITY INDEX
5%
INTERNET SOURCES
0%
PUBLICATIONS
9%
STUDENT PAPERS
PRIMARY SOURCES
(
1
) (
3
)Submitted to Florida International University
Student Paper %
www.l3harris.com
(
2
) (
3
) (
3
) (
2
%
)Internet Source %
Submitted to Embry Riddle Aeronautical University
(
1
)Student Paper
Submitted to Florida Institute of Technology
(
4
)Student Paper %
www.electricalengineer.com
(
5
) (
1
)Internet Source %
www.wsj.com
(
6
) (
7
) (
1
) (
1
%
)Internet Source %
Submitted to Southern State Community College
Student Paper
Exclude quotes On Exclude bibliography On
Exclude matches < 5 words
Field Research Project
GRADEMARK REPORT
FINAL GRADE
8/10
GENERAL COMMENTS
Instructor
PAGE 1
Text Comment. Please know that the score is just a ball-park and doesn't represent a grade that would be equivalent to a final paper. I suggest reviewing this as well as the prompt / student examples again.
Text Comment. Eisa, this has potential -- the evidence is apparent. Remember this is summary, not...lists, and it must be clear where the evidence is from via source attribution.
PAGE 2
Text Comment. company name / job -- title?
Text Comment. source?
Text Comment. I have not idea where this evidence is from
Text Comment. oh, boy - -this is way off. making a list is not part of the assignment / summary is with source attribution
PAGE 3
Text Comment. I don't mind a table or chart but where is it from and what is the purpose of it.
PAGE 4
PAGE 5
PAGE 6
Text Comment. I'm not seeing a government source
PAGE 7
RUBRIC: 305 REVISED RESEARCH
RESEARCH (30%)
0 / 100
0 / 100
Level of sources' quality, relevance & usefulness in helping to target future resume, and cover letter or graduate school statement.
AMAZING (100)
EXCELLENT (95)
PRETTY GOOD (90)
GOOD (85)
BETTER THAN ADEQUATE (80)
ADEQUATE (75)
MUCH REVISION NEEDED
(70)
INADEQUATE (65)
NO PASSION (60)
DOCUMENTATION (30%) 0 / 100
Level of proficiency in providing accurate & consistent quote and reference attribution, both within written text and in source listing at end.
AMAZING (100)
EXCELLENT (95)
PRETTY GOOD (90)
GOOD (85)
BETTER THAN ADEQUATE
(80)
ADEQUATE (75)
MUCH REV.
Please note that the Reflections must have 1. MLA format-.docxcherry686017
Please note that the Reflections must have:
1. MLA format-look up the link if you are not sure
2. Single spaced the entire assignment or page
3. One page only
4. Times New Roman, font 12
5. Quotations with page numbers
6. Point and Explanations do not have the author's name in it.
Be careful. I will deduct a point for each error. If you don't single space your writing, I will not read it.
.
Please make sure you talk about the following (IMO)internati.docxcherry686017
Please make sure you talk about the following
* (IMO)international maritime law institute
* historical background
* Concept of Maritime law
*The principle provision of modern law
* Territorial seas
* Contiguous zone
.
CapTechTalks Webinar Slides June 2024 Donovan Wright.pptxCapitolTechU
Slides from a Capitol Technology University webinar held June 20, 2024. The webinar featured Dr. Donovan Wright, presenting on the Department of Defense Digital Transformation.
How to Manage Reception Report in Odoo 17Celine George
A business may deal with both sales and purchases occasionally. They buy things from vendors and then sell them to their customers. Such dealings can be confusing at times. Because multiple clients may inquire about the same product at the same time, after purchasing those products, customers must be assigned to them. Odoo has a tool called Reception Report that can be used to complete this assignment. By enabling this, a reception report comes automatically after confirming a receipt, from which we can assign products to orders.
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...TechSoup
Whether you're new to SEO or looking to refine your existing strategies, this webinar will provide you with actionable insights and practical tips to elevate your nonprofit's online presence.
🔥🔥🔥🔥🔥🔥🔥🔥🔥
إضغ بين إيديكم من أقوى الملازم التي صممتها
ملزمة تشريح الجهاز الهيكلي (نظري 3)
💀💀💀💀💀💀💀💀💀💀
تتميز هذهِ الملزمة بعِدة مُميزات :
1- مُترجمة ترجمة تُناسب جميع المستويات
2- تحتوي على 78 رسم توضيحي لكل كلمة موجودة بالملزمة (لكل كلمة !!!!)
#فهم_ماكو_درخ
3- دقة الكتابة والصور عالية جداً جداً جداً
4- هُنالك بعض المعلومات تم توضيحها بشكل تفصيلي جداً (تُعتبر لدى الطالب أو الطالبة بإنها معلومات مُبهمة ومع ذلك تم توضيح هذهِ المعلومات المُبهمة بشكل تفصيلي جداً
5- الملزمة تشرح نفسها ب نفسها بس تكلك تعال اقراني
6- تحتوي الملزمة في اول سلايد على خارطة تتضمن جميع تفرُعات معلومات الجهاز الهيكلي المذكورة في هذهِ الملزمة
واخيراً هذهِ الملزمة حلالٌ عليكم وإتمنى منكم إن تدعولي بالخير والصحة والعافية فقط
كل التوفيق زملائي وزميلاتي ، زميلكم محمد الذهبي 💊💊
🔥🔥🔥🔥🔥🔥🔥🔥🔥
How to Download & Install Module From the Odoo App Store in Odoo 17Celine George
Custom modules offer the flexibility to extend Odoo's capabilities, address unique requirements, and optimize workflows to align seamlessly with your organization's processes. By leveraging custom modules, businesses can unlock greater efficiency, productivity, and innovation, empowering them to stay competitive in today's dynamic market landscape. In this tutorial, we'll guide you step by step on how to easily download and install modules from the Odoo App Store.
Gender and Mental Health - Counselling and Family Therapy Applications and In...PsychoTech Services
A proprietary approach developed by bringing together the best of learning theories from Psychology, design principles from the world of visualization, and pedagogical methods from over a decade of training experience, that enables you to: Learn better, faster!
A Visual Guide to 1 Samuel | A Tale of Two HeartsSteve Thomason
These slides walk through the story of 1 Samuel. Samuel is the last judge of Israel. The people reject God and want a king. Saul is anointed as the first king, but he is not a good king. David, the shepherd boy is anointed and Saul is envious of him. David shows honor while Saul continues to self destruct.
Strategic management jeff dyerthird editionchapter 9inter
1. Strategic Management
Jeff Dyer
Third Edition
Chapter 9
International Strategy
Professor’s Goals for this Lecture
There are many types of problems that can be solved for a
company by doing a cost analysis. A cost analysis can be used
to solve problems as diverse as marketing (e.g., how much to
spend to acquire additional customers) or HR (how much labor
costs go down per unit with increases in volume). The principle
tools to be learned in this chapter are designed to help the
student examine the relationship between a company’s size
(measured in volumes produced or market share) and cost per
unit. This is primarily reinforced by teaching students how to
create a scale/experience curve (both done in the same way with
“cost per unit” on the “Y” axis but the scale curve uses volume
for a given year on the “X” axis whereas the experience curve
uses cumulative volume on the “X” axis. The students will have
the opportunity to examine the relationship between
scale/experience in the following assignments:
- the homework assignment involving calculating an experience
curve in semiconductors
- Fry’s Credit Card Mini-case (in lecture); considers the
relationship between total number of subscribers (X axis) and
cost per subscriber (Y axis)
- the Southwest Case (after lecture); considers the relationship
between total passengers flown (or market share) and
performance (profitability) in the industry
5. National Differences
Economies of Scale
Economies of Scope
- Differences in factor costs
- Extend product life cycle
- First mover/only provider advantages
- Cross subsidization
- Diversify macroeconomic
risk
- Diversify operational risk
- Learning from differences
between countries
- Innovation occurring in
more, diverse units
* Economies of
scale
* Cross over
customers
* Increased
movement
down learning
curve
7. - Diversify macroeconomic
risk
- Diversify operational risk
- Learning from differences
between countries
- Innovation occurring in
more, diverse units
Economies of
scale
Cross over
customers
- Increased
24. Acquire local resources, including knowledge?
No
No
Yes
Yes
Viewed as insider or outsider?
Outsider
Insider
Possibly Insider
Possibly Insider
Degree of control
Low
Low
Medium
High
Strategic Analysis 2
The Five Forces of Porter
The Five Forces framework derived by Porter identifies the
factors in a specific market that have a substantial bearing on an
organization’s viability in its industry. These significant factors
include: “the threat of substitute products or services, the
bargaining power of suppliers, the bargaining power of buyers,
the threat of new entrants, and the rivalry among existing
competitors” (The Five Forces, n.d.).
The most prominent substitute product that Barnes & Noble
faces is the expansive digital market. The digital market
represents a high threat to Barnes & Noble as the company has
been unable to capture a sustainable competitive advantage in
this regard. As e-books and tablets began to trend in 2009, the
company was one of the first in the industry to find success
with e-readers and a self-publishing platform (Alter & Hsu,
2019). Unfortunately, overly frequent product releases in the
25. quickly evolving market hurt the company. “The company’s
digital strategy turned out to be a financial disaster. It has lost
more than a billion dollars on its Nook business, and online
sales remain anemic,” (Alter & Hsu, 2019).
In the case of Barnes & Noble, the bargaining power of buyers
(customers) is a high threat to the company’s overall
sustainability. Buyers in a market hold power when “there are
few switching costs to shifting business from one competitor to
another” (The Five Forces, n.d.). When the price of a hardcover
book or special edition from Barnes & Noble typically costs
close to $30, customers can easily switch to the major
competitor, Amazon, and find the same product for less (Tyler,
2018). This increases the power of buyers substantially.
The threat of new entrants in the bookseller industry maintains
a high threat for Barnes & Noble. The company has shifted the
strategy of some locations to illuminate the café setting as the
core business, and the new owner is hoping that more localized
and specific products will bring consumers back (Alter & Hsu,
2019). Despite these changes, independent bookstores are a
viable threat to the bookselling superstore. “Independent
bookstores are thriving again, and print sales are rising while e -
book sales are declining” (Alter & Hsu, 2019).
Concerning any competition within the industry, Amazon is
Barnes & Noble’s biggest rivalry, representing a high threat to
the sustainability and profitability of the company. The online
retailer provides a vast selection of books, as well as a cohesive
and synergized e-book and e-reader marketplace (Alter & Hsu,
2019). If rivalry in an industry is especially intense, product
prices can be driven down and overall profitability is likely to
suffer (The Five Forces, n.d.). These circumstances cultivate a
highly competitive environment wherein firms must endeavor to
lower prices, improve customer service, and match
technological advancements. Barnes & Noble is often beat
through price competition and improvements in technology.
Five Forces Summary
Porter’s Five Forces analysis highlights the problem that Barnes
26. & Noble currently faces. The organization struggles in
increasing product sales and overall profitability. All five
competitive forces indicate that the bookseller is part of a
highly competitive industry of specialty retail. Powerful buyers
and suppliers influence the market and pose threats to the
sustainability of Barnes & Noble. Moreover, the market is flush
with new entrants in the form of independent bookstores, while
Amazon serves as the firm’s biggest rival and most prominent
disruptor (Hyken, 2018). Given this information, several
popular strategies could be employed. Barnes & Noble could:
· shift its focus to services rather than products,
· develop new sustainable differentiation,
· build a more sufficient supply chain, or
· innovate new products to recapture lost interest.
BCG Analysis
BCG matrix is a framework was created by the Boston
Consulting Group and is used to evaluate the strategic position
of the business brand portfolio and its potential. It breaks down
the business portfolio into four categories and is based on
growth rate and market share.
Category 1 is Stars: This section focuses on products or services
that are in high growth markets in which organizations should
invest more. For Barnes & Noble, investment should be
increased in curated home goods that meet the needs
specifically of each community the locations serve (Wiener-
Bronner, 2018). A comparable company, Indigo, has found
success in Canada with this strategy by implementing a
“cultural department store for booklovers”.
Category 2 is Question Marks: Included in this category are
products/services of Barnes & Noble that represent the low
market share and high market growth. Products in this quadrant
typically grow quickly but consume copious amounts of
resources along the way (Kenton, 2019). The current agreement
with Starbucks Coffee falls into this section of the matrix. The
current agreement between the two companies seems to benefit
Starbucks more than Barnes & Noble. Overall sales should be
27. watched closely and analyzed to ensure the partnership is
mutually beneficial. As an alternative, the company could keep
the café service, but with the use of more localized and
independent coffee brands (Wiener-Bronner, 2018).
Category 3 is Dogs: These are those products or services that
are “prime candidates for divestiture,” (Kenton, 2019 para. 4).
In this regard, Nook has proven to be a failure and a cash trap
for the company. With more than a billion dollars in lost
profits, the company should stop attempting to revitalize the
project and move toward revamping its brand in other ways
(Alter & Hsu, 2019).
Category 4 is Cash Cows: This quadrant identifies products or
services that are a significant source of revenue for the
organization and that should be milked for as long as possible.
Despite a decline of store sales by 1.9% between 2018 and
2019, Barnes & Noble’s biggest source of profit remains to be
its retail stores (Barnes & Noble Reports, 2019). Under the
direction of new ownership, the organization is expected to
revamp its locations into brick-and-mortar locations that tailor
to each community it serves (Alter & Hsu, 2019). This
rebranding could be essential in milking the company’s cash
cow for as long as possible.
BCG Analysis Summary
This tool shows the areas of opportunities that the company
should explore and develop further. Though typically presented
in the form of a matrix, the BCG Analysis classifies potential
areas of growth and loss that have a profound influence over
Barnes & Noble’s profitability. Ultimately, Barnes & Noble
needs a more sustainable competitive advantage in the
constantly evolving market. After evaluating the stars, question
marks, dogs, and cash cows, the growth opportunities are
clearer and the stagnate components of the company have been
identified.
Resource-Based Analysis
The resource-based analysis could be argued as one of the most
widely accepted theories in understanding the competitive
28. advantage of a firm (D’Angelo, 2018). When analyzing Barnes
& Noble, the tangible assets, intangible assets, heterogeneous
resources, and immobile resources will be evaluated. Barnes &
Noble has significant tangible assets when considering brick
and mortar locations, distribution centers, products, and capital.
The company currently operates 627 bookstores in 50 states and
approximately 1,745,000 square feet of distribution center
capacity (Barnes & Noble, Inc., 2019b). Each location is
reported to have an average overall title base of 66,000 titles,
with as many as 133,000 in some locations (Barnes & Noble,
Inc., 2019b). As of April 30, 2019, the company had a debt-to-
equity ratio of 0.46, which is a significant decline from the
previous year’s ratio of 0.67 (Barnes & Noble, 2019a). At the
end of the fiscal year, the assets were valued at $1.784 billion
(Barnes & Noble, 2019a).
For the world’s largest brick and mortar bookseller, brand
reputation represents a significant intangible asset.In 2018, the
Reputation Institute recognized Barnes & Noble as the most
reputable retailer in the United States (Barnes & Noble, Inc.,
2019b). Furthermore, the processes within Barnes & Noble are
supported by a proprietary bookstore inventory management
system called Book Master. This technological advancement
assimilates POS features with a data warehouse-based
replacement system (Barnes & Noble, Inc., 2019b). The
company’s publisher, Sterling Publishing, also serves as an
intangible asset that could be further developed.
Barnes & Noble’s heterogeneous resources are a culmination of
publishers, wholesalers and distributors, and physical locations.
The supply chain for the company is comprised of over 500
publishers and over 30 wholesalers or distributors (Barnes &
Noble, Inc., 2019b). As noted, the physical locations carry an
average of 66,000 titles, but the locations also offer something
that the largest competitor does not: personal and face-to-face
interaction. As such, the combination of each of these factors
represents heterogeneous resources for the company.
The intangible assets of the company are difficult to imitate,
29. especially when considering brand equity. The Barnes & Noble
name is well-known and nearly synonymous with book sales.
While the major competitors specialize in other retail markets,
books are the primary product of Barnes & Noble and the sales
thereof are the core activity of the company. These assets could
also be considered immobile resources as they would be
difficult to move to another firm.
Resource-Based Analysis Summary
In a resource-based analysis, assets are evaluated to determine
if they create value, are rare, are hard to imitate, and whether
the organization exploits the resource in its processes. An asset
that creates value, is rare and is hard to imitate and that is used
effectively in an organization is considered a competitive
advantage.
References
Alter, A. & Hsu, T. (2019, June 7). Barnes & Noble is sold to a
hedge fund after a tumultuous year. The New York Times.
Retrieved from
https://www.nytimes.com/2019/06/07/books/barnes-noble-
sale.html
Barnes & Noble, Inc. (2019a, June 19). Barnes & Noble reports
fiscal 2019 year-end financial results [Press release.]. Business
Wire. Retrieved from
https://www.businesswire.com/news/home/20190619005407/en/
Barnes & Noble, Inc. (2019b). Form 10k for the fiscal year
ending April 27, 2019. Retrieved
fromhttps://www.sec.gov/Archives/edgar/data/.htm
D’Angelo, E. (2018, February). A resource-based perspective to
assess firms’ profitability in the food industry: evidence from
the Italian cheese industry. Pegaso Telematic University.
Naples, Italy Doi: 10.19044/esj. 2018.v14n4p1
Hyken, S. (2018, April 8). Barnes & Noble, Amazon,
independents: Who’s disrupting whom? Forbes Magazine.
Retrieved from
https://www.forbes.com/sites/shephyken/2018/04/
08/arming-the-Davids-of-industry-against-
30. disruptive-goliaths/#49dbb61a66c8
Kenton, W. (2019, July 2). McKinsey 7s model. Investopedia.
Retrieved from
https://www.investopedia.com/terms/m/mckinsey-7s-model.asp
The Five Forces (n.d.). Harvard Business School. Retrieved
from https://www.isc.hbs.edu/strategy/business-
strategy/Pages/the-five-forces.aspx
Weiner-Bronner, D. (2018, January 17). 5 things Barnes &
Noble can do right now to save itself. CNN Business. Retrieved
from https://money.cnn.com/2021/02/12/news/companies/save-
barnes--noble/index.html