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Briefly describe the three generic strategies—cost leadership, differentiation, and focus—and discuss the pitfalls associated with each of the three generic strategies. Porter’s (1980) put forward three generic strategies i.e. cost leadership, differentiation and focus which he suggested to be useful …
Explain the different types of subsidiary-level strategy, and discuss some of the pitfalls associated with each type. Subsidiaries may enjoy an independence of being autonomous or act passively under the directions of the headquarters. Based on this level of independence, …
Briefly describe the two levels of global strategies. According to Frynas & Mellahi (2015), the two levels of multinational organization are headquarters level strategies and subsidiary level strategies. As the name of these strategies suggest, these strategies are formulated either …
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How can a business increase product demand? A business can use different strategies to increase its product demand. Some of the strategies are mentioned in the following discussion. Effective Market Research: Effective market research is the best strategy to increase …
Define the environmental factors influencing demand. There are many environmental factors that may affect an influence demand of a product. Some of these factors are discusses here. Weather and seasons: The weather and season of a region may affect the …
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What factors have increased globalization? The phenomenon of globalization has made it possible for many industries to move beyond its fixed national boundaries to an international environment and present their products and services to an international Consumer market. There are …
Discuss trade theories and competitive advantages. In the following discussion I would like to shed some light on international trade theories (Bhanot, 2016). Mercantilism: This theory is based on the notion of selling more to outside countries than what is …
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To what extent can competitive intelligence and benchmarking help a firm’s global strategy? Competitive intelligence and benchmarking both are utilized to enhance competitive advantage. In competitive intelligence, an organization tries to win over competitive advantage by innovatively dealing with and …
What is the difference between the Resource-based Perspective and the Positioning Perspective? Resource Based perspective and the positioning perspectives both focus on the competitive advantage of a business. The point the both differ at is the variables that contribute to …
What problems do managers face in conducting a global Five Forces analysis? Global Five force model is a model that is used by managers to conduct a competitive analysis base on five market forces i.e. bargaining power of suppliers, treat …
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