International Business Strategy IB 3680 (2014) Assignments (15 CAT – please see additional assignment pages 2-3) Assignment 1: Final length 1500 words (40% of module assessment) Please note this assessment is for the 12-CAT version of this module. Assignment 1 is completed in two halves. Each optional question comprises two distinct components‚ the first half completed in Phase 1 (750 words)‚ and the second in Phase 2 (total combined length 1500 words). Phase 1 Students are to complete
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What is international strategy? "An international strategy is a strategy through which the firm sells its goods or services outside its domestic market" (Hill 378). One of the primary reasons for implementing an international strategy (as opposed to a strategy focused on the domestic market) is that international markets yield potential new opportunities. Raymond Vernon captured the classic rationale for international diversification (Vernon 191). He suggested that‚ typically‚ a firm discovers an
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CEMEX – International Business Strategy Question 1: In May 2000‚ CEMEX was preparing to expand through acquisitions in Asia‚ Africa and the Middle East. What kind of global giant do you think Lorenzo Zambrano wanted the firm to become? Using module theory and evidence from the CEMEX case study‚ critically evaluate his chances of success. This essay will critically evaluate Lorenzo Zambrano’s chances to succeed while Cemex planned to expand through acquisitions. It will aslo illustrate what
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International Strategy Internationalization has been the most important force to reshape the competition and industry profitability in the last half-century. It still remains an appealing strategy for firms to lower cost‚ expand market and achieve better performance. This essay will first discuss the patterns of internationalization in general‚ and then move on to analyze the reasons why firms internationalize‚ among which the establishment of competitive advantage is crucial. More attentions will
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International diversification is a strategy which a firm expands the sales of its goods or services across the borders of global regions and countries into different geographic location or markets. An international strategy is a strategy through which the firm sells its goods or services outside its domestic market. An international strategy results in international diversification. Firms pursue an international strategy to seek new opportunities to create value in international markets. The primary
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INTERNATIONAL STRATEGY ANALYSIS OF FEDERAL EXPRESS (FEDEX) Introduction of the Firm Headquartered in Memphis‚ Tennessee‚ Federal Express (FedEx) pioneered the package delivery industry with its air and ground express delivery system in 1971. By 1998‚ Federal Express had rebranded itself and created its corporation as FDX Corporation. The FedEx Corporation as we know it today was once again rebranded in 2000. Today FedEx is a global provider of transportation‚ e-commerce‚ and supply chain
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Contents 1. Introduction: 2 2. Company profile 3 3. International marketing strategy 5 3.1 Market saturation 5 3.2 Coping with the global Environment: 5 3.2.1 Microenvironment 6 3.2.2 Macro Environment 6 3.3 Market Segmentation 7 3.3 Market Positioning 7 3.4 Market diversification 7 3.5 Economies of scale 8 4. Global marketing strategy analysis: 9 4.2 Cultural differences 10 4.3 Reaching the remoteness 11 4.4 Logistic system 11 4.5 Proper scrutinizes of the customer
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Chapter 10 International Competitive Strategy True / False Questions 1. (p. 166) International strategy helps firms to make choices about how to deploy scarce resources in order to achieve their international objectives. TRUE As stated directly in the text. AACSB: Reflective thinking Bloom’s: Understand Difficulty: 2 Medium Learning Objective: 10-01 Explain international strategy; competencies; and international competitive advantage. Topic Area: What is international strategy‚ and why is it
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The Strategy of International Business Chapter Outline OPENING CASE: The Evolving Strategy of Coca-Cola INTRODUCTION STRATEGY AND THE FIRM Value Creation Strategic Positioning Operations: The Firm as a Value Chain Organization: The Implementation of Strategy In Sum: Strategic Fit GLOBAL EXPANSION‚ PROFITABILITY‚ AND PROFIT GROWTH Expanding the Market: Leveraging Products and Competencies Location Economies Experience
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Strategies for International Marketing The process of penetrating and then developing an international market is a difficult one‚ which many companies still identify as an Achilles ’ heel in their global capabilities. Two aspects of the typical approach are particularly striking. First‚ companies often pursue this new business opportunity with a focus on minimizing risk and investmentthe complete opposite of the approach usually advocated for genuine start-up situations. Second‚ from a marketing
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