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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TUTORIAL 1: INTRODUCTION TO INTERNATIONAL PURCHASING Section A : Discussion Questions 1) What are the main objectives of Purchasing in any organization? Please elaborate for each objective. a. Maintain continuity of supply The organization must ensure the continuous availability of material‚ supplies and equipments to maintain production schedule or to avoid disruption in production. Purchase products and services at the right quality from the right supplier in the right quantity at
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Question 1 a. The dollar is presently weak and is expected to strengthen over time. These expectations affect the tendency of U.S investors to invest in foreign securities because the value of U.S dollar decrease will lead to the U.S company get less profit and earn less money. Consequently‚ U.S companies will pay fewer dividends for investors who invest in these companies. So‚ investors will tend to invest in foreign securities where they can get higher dividend. On the other hand‚ a weak currency
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processes are superior. An ethnocentric company that neither sources inputs from‚ nor seeks market opportunities in the world outside the home country may be classified as an international company. A company that does business abroad while still presuming the superiority of the home country may be classified as an international company. Such a company would rely on an extension strategy whereby it would export‚ without adaptation‚ products designed for the domestic market. The polycentric orientation
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1. What are strengths and weakness of Malaysian Tourism industry.(10M) Strengths Weakness Multi culture Communication Outstanding nature World Heritage Landing The attitude of the people Transportation Hygiene New rival country Strengths Multi-culture is one of the biggest strengths that Malaysian Tourism has because we have 3 main different cultures living together which is Malays‚ Chinese and Indian. Besides that‚ we also have other culture in Sabah and Sarawak which is Iban‚ Kadanzan
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Introduction Chiba International is an American subsidiary of a Japanese company: Chiba Electronics. Chiba International is based in San Jose‚ California and has 70% of market share in the United States. They manufacture and sell high-quality electronics parts for integrated circuits. Chiba counts 14 out of the 24 top executives and 65 out of the 70 salesmen which are American. Japanese and American cultures are very different and the way to run a business is very different too. In this case
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1 Which of the theories of international trade can help Indian services providers gain competitive edge over their competitors? Ans The theory of free markets can help indian services providers gain competitive edge over their compititors because India has got an edge over other countries at this point of time but other nations may try to make their products look cheaper by manipulating their currencies or by imposing restrictions on imported service especially from india You only need one theory
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Bibliography: 1. Warren J. Keegan and Mark Green (2007) Global marketing‚ international edition‚ 5th Edition‚: Pearson Education international‚ Prentice Hall. 2. Gerry Johnson‚ Richard Whittington‚ Kevan Sholes. Exploring Strategy-ninth edition 2011-Rotolito lombarda‚ Italy. 3. Doganis‚ R. (2006). The airline business. 2nd edition‚ New York: Routledge. 4
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SUMMARY OF RELEVANT ASPECTS OF CORFU CHANNEL CASE (MERITS) Judgment of 9 April 1949 The Corfu Channel Case (United Kingdom of Great Britain and Northern Ireland-Albania) arose from incidents that occurred on October 22nd‚ 1946‚ in the Corfu Strait: two British destroyers struck mines in Albanian waters and suffered damage‚ including serious loss of life. The United Kingdom first seized the Security Council of the United Nations which‚ by a Resolution of April 9th‚ 1947‚ recommended the two Governments
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ii) Top-Down Approach iii) Bottom-Up Approach HYGEIA INTERNATIONAL Expansion in Nigeria is the issue. Henry Livingstone‚ Vice President of the Africa/Middle East Region of Hygeia International‚ has just received a proposal from his Nigerian Managing Director for a major move into poultry production. This would extend Hygeia’s profitable agricultural activities even more in that West African country. Corporate Base Hygeia International is one of the ten leading pharmaceutical companies of the
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