Which of the following is not an advantage of a multi-domestic strategy? Multiple Choice Focused on local market. Minimum coordination efforts. Scalable. Allows firms to focus on key growth markets while minimizing complexity across a large number of markets.
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- Which of the following strategies of multinational companies is more likely to reduce costs? local responsiveness designing advertisements in multiple languages sending employees to foreign trips each year global integrationThe advantages of a transnational strategy include everything except Multiple Choice lower costs due to scale and scope of economies. offers the benefits of both local responsiveness and global integration. enables the transfer and sharing of resource capabilities across borders. provides the benefits of flexible coordination. incorporates both multi domestic and global strategies.The advantages of a transnational strategy include everything except Multiple Choice lower costs due to scale and scope of economies. offers the benefits of both local responsiveness and global integration. enables the transfer and sharing of resource capabilities across borders. provides the benefits of flexible coordination. incorporates both multidomestic and global strategies.
- Multiple Choice (Choose the one alternative that best completes the statement or answers 4) Potential dynamic effects of economic integration include all of the following except a) lower production costs because of economies of scale from serving a larger intenal market b) greater efficiency and innovation because of more intense competition among firms from all member countries c) a higher level of investment and more rapid economic growth d) trade creation because of importing from a more efficient partner countryChoose from your local context ONE private company (Bahrain) that you see is struggling and draft a proposal for a collaboration with another private company or NGO, etc. to help it overcome its challenges. The proposal needs to include a clear introduction of the chosen private company and what are the challenges that it is facing and have led to this collaboration venture. It needs to clearly identify the bases for collaborative advantage, the main aims, and reflect on the collaboration six dimensions (word limit: 2000 words).Prepare a Strategic Plan for the period 2022 – 2025 for a Caribbean Country of your choice. This Strategic Plan should propose a minimum of one policy objective for each of the tenets of sustainable development. Description of the economic framework (economic indicators: new and traditional); economic trends Description of the Regional context (CARICOM/CSME) Comment on the impact of globalization on the economic development of the country over the past 5 years Comment on the impact of climate change on the sustainable development of the country over the past 5 years The Strategy should cover the following sections: Development of the policy initiatives which are being proposed to facilitate sustainable economic development Explain how the policy initiatives will deliver on the objectives of the Sustainable Development Goals (SDG’s). (SDG Objectives: End Poverty; Reduce Inequalities; Tackle the Environment) Align one policy and or programme initiative with Meier’s primary goal of…
- High pressure for local adaptation combined with low pressure for lower costs would suggest what type of international strategy? Global Multidomestic Transnational Overall cost leadershipthe cell phone division of Japanese companies prospered by focusing on the domestic market. Define the effect of cultural consideration in their global public relation approach.Which is an example for inter-industry (within-industry) reallocation? A:The car industry expands, while the textile industry contracts. B:More productive textile producers expand and less productive textile producers contract. C:Each country specializes in its competitive advantage industry. D:Firms move down their learning curves.
- Start-Up Businesses Being an entrepreneur in a small and young market like Oman is not easy. It is difficult to launch a new product with only some 3 million citizens as your potential clients, launching a new product without thoroughly studying the market needs is not a good idea. An Omani entrepreneur Qais Al-Khonji admits that he failed at his first startup because he did not research the market’s needs, and did not follow a lean methodology. But Al-Khonji has embraced his failure, and moved on to his next projects. “I try and learn even though this means losing. I consider the benefits to be in learning and failure a step towards success,” he says. He's started five startups in the past three years, and he's embraced failure with most of them, closing down four. But business is what he loves, and he's ready to get back up and do it again. “I want to be my own boss and work at what I love doing,” he admitted. Al-Khonji worked in banking for many years and in 2010, he decided to…What criteria are important when companies look to invest in a country? Select all that apply. Responses Court systems with lengthy time to hear cases on contract enforcement Court systems with lengthy time to hear cases on contract enforcement Low cost of starting a new business Equal opportunities for women in business Ease of trading across borders Minimal documentation for trade Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Which of the following describe South-East Asian economic centre? Prevailing entrepreneurial capitalism. Coordinated market economies. Coordination by non-market mechanisms. Short-term economic efficiency paradigm.