Module name : international business management module Teacher : Ian Norman student Name : Mokbul Hossain Student Id : 000762547 Question: As a management consultant advising a country of your choice‚ explain how u can use Porter ’s Diamond model to evaluate and improve the nation ’s competitive position. Introduction Business world is getting complicated day by day .Companies want to do business like participating in the competition for profit or market share. We are now at
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Diamond Model The approach looks at clusters of industries‚ where the competitiveness of one company is related to the performance of other companies and other factors tied together in the value-added chain‚ in customer-client relation‚ or in local or regional contexts Key Factors in a diamond model for analyzing competitiveness * Factor conditions are human resources‚ physical resources‚ knowledge resources‚ capital resources and infrastructure. Specialized resources are often specific for
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Porter’s Diamond is a useful concept in explaining home and host location strategies of international business? Illustrate your answer with references to at least two case companies” The main aim of International business is to build and sustain competitiveness for economic value creation in both domestic and overseas markets (Besanko et al. 2007). Internalisation business theory however has a variety of models that can identify the environmental analysis of specific countries. These models are used
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1. Reading for this Lecture Porter M. (1990)‚ The Competitive Advantage of Nations‚ Chapters 3&4 2. Why Location Matters The ways that firms create and sustain competitive advantage in global industries provides the necessary foundation for understanding the role of the home nation in the process. There are five premises we must understand relating to national advantage: 1) The nature of competition and the sources of competitive advantage differ widely among industries and industry segments
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CGE25101 Globalization and Business Tutorial 12 Discussion Question: The Porter’s Diamond Michael Porter put forth a theory in 1990 to explain why some countries are leaders in the production of certain products. His work incorporates certain elements of previous international trade theories but also makes some important new discoveries. He identifies four elements present to varying degrees in every nation that form the basis of national competitiveness. Analyze the current situation of Japan
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Porters diamond model: The assembly industry uses the advance factors to take the advantage over the other countries. This is because they have more educated workforce‚ this will help them to do their work at more sophisticated way with better technological improvements‚ and mainly at cheaper cost which is the biggest advantage for assembly industry till now. Government investment in advance factors has also provided the industry with many educated workers‚ as result benefitting the assembly industry
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National Competitive Advantage of China in Electric Mobility: The Case of BYD Corresponding Author: Kasperk‚ Garnet Center of International Automobile Management‚ RWTH Aachen University Templergraben 64‚ 52062 Aachen‚ Germany‚ gk@im.rwth-aachen.de Phone +49 241 80 93348‚ Fax +49 241 80 93248 Wilhelm‚ Jan Chair of Organization‚ RWTH Aachen University‚ Templergraben 64‚ 52062 Aachen‚ Germany‚ jw@im.rwth-aachen.de Wagner‚ Wolfgang Volkswagen Corporate University‚ China Cuipingbeilixiqu‚ 16Haolou-1Danyuan
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Automotive market in CHINA China’s domestic car sales‚ growing at more than 10% annually‚ these growing sales were in the domestic market and did not improve China’s competitiveness in the global auto industry. The rise of China as a Automotive car producer has lead to better roads‚ new distribution channels‚ the deregulation of the auto market‚ and China’s WTO entry. The multinational automotive companies invest in China for several reasons they try to find lower production costs‚ increase
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information technology? By using Porter’s Diamond Model‚ this article tries to answer that question. Based on the analysis‚ it seems the only determinant in the Porter’s Diamond that creates India’s success is Factor Condition (i.e. the Indian intellectual capital and “Indian connection” in Silicon Valley). The supporting determinant outside the diamond is the outsourcing trend in current global competition‚ which can be considered as the Chance in the Porter’s Model. This could be mean one of these possibilities:
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Introduction 3 Google Company Background 3 China Background 5 The Internet Search Engine and Advertising Industry in China 7 Google in China 9 Recommendations 14 Conclusion 15 Appendix 16 Introduction Google‚ Inc. is an internationally known business that has become the default provider for Internet services for many consumers. In a world where individuals can connect faster and across continents‚ Google has sought to provide
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