All STRATEGY IS LOCAL True competitive advantages are harder to find and maintain than people realize. The odds are best in tightly drawn markets‚ not big‚ sprawling ones. "STRATEGIC" IS THE MOST OVERUSED WORD in the vocabulary of business. Frequently it’s just another way of saying‚ "This is important" The reality is that there are only a few situations in which companies’ strategies affect outcomes. Such situations are‚ however‚ worth trying to create since the alternative‚ achieving superior
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Arcor should continue to focus on its internalization plans to expand its footprint within Latin America as going global at this point in time is too risky and outweighs the opportunities. Arcor has the ability and capacity to successfully dominate the Latin America market and has much room for growth. See exhibit 13 which illustrates how Arcor has captured a minimal percentage of the market in Lation America outside of Argentina. A new group of countries in Latin America are emerging as stronger
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Arcor: Global Strategy and Local Turbulence Globally the confectionary industry is a highly competitive industry and attractive in the emerging and developed markets. While North America and Western Europe accounted for over two-thirds of sales‚ the newer markets in less developed countries are still looked at as high profile targets by chocolate and candy companies. Confectionary companies are looking to expand more into emerging markets because of the fact they believe the life cycle of their
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of income from the franchisee. IHOP can benefit from linkage ties the local franchisee already has set up. Linkage that has been forged between the franchisee and other strategic industry partners such as farmers‚ specialist‚ retailers and wholesalers is a benefit because it ties businesses within a local economy and appeals to the local customer bases. IHOP would only have to worry about approving these contracts with these local companies to ensure they met the standards they desired. In turn the
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Arcor: A Latin American confectionary player is globalizing its business According to this case‚ Arcor wanted to expand its business outside Latin America; however‚ it had three major challenges‚ including becoming the No. 1 Latin American confectionary and chocolate company; continuing to grow and establish itself in high development potential markets outside Latin America; and strengthening product penetration in the most demanding markets in the world. However‚ Arcor needs to overcome
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Competitive strategies: Global vs. local © Professor Daniel F. Spulber Global competitive strategies The G5 Platform strategy Network Strategy Intermediary strategy Entrepreneur strategy Investment strategy 2 Global competitive strategies • Home‚ supplier‚ partner‚ and customer countries of competitors – differences as sources of competitive advantage • Differences in global value connection • Differences in products‚ brand‚ technology • Differences in impacts of political‚ legal and
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The Best Global Leaders are Local Leaders. A few years ago‚ Thomas Friedman eloquently said that "the world is flat." Technology and globalization have made commerce a far more level playing field than it was many decades ago. The internet has unlocked opportunities‚ giving businesses access to previously unreachable customers. There’s a sense of equal opportunity in markets‚ with geographical and historical knowledge becoming more and more irrelevant. From business schools to boardrooms‚ building
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Lenge Kotzé (KOT002) Class: Wednesday 16:00 6/21/2013 FTH02/01 DEGREE QUESTION 1 I hereby confirm that this essay doesn’t include any plagiarism and that it is my own work referenced according to the Harvard referencing guide. Lenge Kotzé “The Orient has helped to define the West as its contrasting image‚ idea‚ personality‚ experience.” (Said 1991:2) Issey Miyake and Yohji Yamamoto were among the first non-western designers to be included in the official world of
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The Global-Local Dilemma: Foundations of International Strategic Management‚ Ethics and Social Responsibility What is meant by Globalization? Form 5 Groups‚ discuss the questions below for 30 Minutes in your group; each group presents its findings to the class. What is Globalization? What is being “globalized”? Establish a ranking of degree of globalization. Develop a definition and discuss your definition in terms of the factors below Advantages‚ Disadvantages‚ Opportunities‚ Threats For participating
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1) Starbucks used mostly a differentiation strategy‚ however it had also used a cost leadership strategy. Its differentiation strategy was exemplified by their stores providing an experience‚ offering interesting coffee-related drinks in a theatrical kind of atmosphere‚ their unique Coffee blending and roasting process which enabled them to create an extensive product variety‚ their employees received great deal of training to become very knowledgeable about coffee in order to provide an exceptional
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