Discussion Questions 1. Why are Russia and Eastern Europe of interest to international managers? Identify and describe some reasons for such interest in Russia or Eastern Europe. 2. MNCs from emerging markets are beginning to challenge the dominance of developed country MNCs. How might MNCs from America‚ Europe‚ and Japan respond to these challenges? Identify and describe: What kind of cultural challenges facing Taiwan or German entrepreneurs while entering the market of Swedish culture? (Note:
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Case 1: The Bribery Scandal at Siemens AG Background: In 2006‚ a Germany company‚ Siemens was caught in a scandal for bribing employees with other companies to get contracts. Some of the executive board members and employees have been charged and the company fined for 30 million euro. This scandal shocked many people and started to look the issues of bribery amount business. Siemens formed in 1847‚ it is one of the world’s most important companies and Europe’s largest technology conglomerates
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antecedent of conflict is personality conflict. Conflict may arise as persons may decide to disagree with a decision in part on a whole based on personal likes/dislikes‚ religious affiliation or traditions. In an organization‚ successful conflict management involves desired outcomes. First is agreement. This should be viewed as equitable and fair by all parties involved.
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Q.5 Discuss the international marketing strategies. How is it different from domestic marketing strategies? Ans:- International marketing can be defined as marketing of goods and services outside the firm’s home country. International marketing has the following two forms of marketing: • Multinational marketing. Global marketing. Multinational marketing is very complex as a firm engages in marketing operations in many countries. In multinational marketing‚ a firm visualises different countries
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Summary I. Basis 2 A. Arcelor-Mittal and Arabic countries 2 B. Objectives 2 C. Overview of the protagonists 2 1. A geopolitic tensed 2 2. Geography and infrastructures logistics 3 3. COFACE classification 3 4. Decision 4 II. ArcelorMittal in syria and in Arabia Saudi 4 A. Syria 4 1. Country profile 4 2. Regulatory 4 3. Financial incentives 4 4. Infrastructures 4 5. Industry 5 6. Latakia industrial city 5 B. Saudi Arabia (KSA) 5 1. Country profile 5 2. Private sector 5 3.
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Philips vs Matsushita Case 1.Briefly describe reasons for Phillips and Matsushita to operate internationally. Why do they do it? Describe the international strategy of Phillips and Matsushita using the international strategy classifications we discussed in class (e.g.‚ localization‚ transnational‚ global). Philips and Matsushita are two electronic (equipment and service) based powerhouses who had to expand their business to the international market. One my ask why they needed to operate internationally…
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CHAPTER 11 International Strategic Management After studying this chapter‚ students should be able to: > Characterize the challenges of international strategic management. > Assess the basic strategic alternatives available to firms. > Distinguish and analyze the components of international strategy. > Describe the international strategic management process. > Identify and characterize the levels of international strategies
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International Case : Reengineering the Business Process at Procter & Gamble Procter & Gamble (P&G)‚ a multinational corporation known for products such as diapers‚ shampoo‚ soap‚ and toothpaste‚ was committed to improving value to the customer. Its products were sold through various channels‚ such as grocery retailers‚ wholesalers‚ mass merchandisers‚ and club stores. The flow of goods in the retail grocery channel was from the factory’s warehouse to the distributors’ warehouses before
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BSM 495 International Case Analysis Strategic and Organization Change at Black & Decker Known primarily for its power tools‚ Black & Decker is one of the world’s older multinational corporations. The company was founded in Baltimore‚ Maryland‚ in 1910‚ and by the end of the 1920’s had become a small multinational company with operations in Canada and Britain. Today the company has two well-known brands‚ Black & Decker consumer powers tools and its DeWalt brand of professional power tools
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Avery Wellness (M) Sdn Bhd is a private company specialise in total skin care and beauty product solutions in Malaysia. The company began its operation in Malaysia since 1990. Follow Me Industries Sdn Bhd is the sole manufacturing facility for all skin care and beauty products to Avery Wellness (M) Sdn Bhd. Avery Wellness business model involved in marketing and distributing skin care and sun care products within Malaysia market. The main distribution centres in Malaysia focus in all pharmacy
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