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Technology Development. Procurement. Human Resource Management. Inbound ... Technology. People. Information (market data, strategic direction, etc. ...
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1. International Strategy Globalization drivers – Assess dual pressures:
Global efficiency - standardization
National/local responsiveness - adaptation
Location/configuration of value-creating activities
Integration/coordination of value-creating activities
Strategy and entry
2. “Forced” Standardization Coca-Cola in Chinese: “bite the wax tadpole”
Coca-Cola 30 liter bottle??
U.S. carmakers’ left-hand drive cars
3. Effective Standardization
4. Barbie: The “All-American” Girl Goes Overseas Barbie is 41 years old
Sold in 130 countries
National adaptations:
Physical features
Costumes
Activity sets
Standardized physique:
Scaled to 6’2”, 110 lbs.
38-18-28
5. Effective Adaptation McMutton Pie in Australia
Wendy’s shrimp sandwich in Japan
Campbell’s non-condensed soups in the UK
Coca-Cola’s 175 ml containers in Japan
6. Globalization Drivers Market Drivers
Cost Drivers
Government Drivers
Competitive Drivers
7. Strength of Market Drivers
8. Strength of Cost Drivers
9. International Strategy:Managing Dual Pressures
10. Value ChainLocation and standardization/adaptation
11. Value Chain
12. Value Chain
13. Value Chain
14. Value Chain Sub-functions (Nestles?)
15. Value Chain Configuration Geographic location of value chain activities
Concentrated/centralized vs. dispersed/decentralized
Which entry mode?
16. Value Chain Coordination Cross-border linkages between dispersed value-creating units
Coordination = Flows of:
$
Product (finished and intermediate)
Technology
People
Information (market data, strategic direction, etc.)
Highly coordinated vs. only money flows
17. International Strategy:Managing Dual Pressures
18. Export Strategy(same as Export entry mode)
19. International Strategy:Managing Dual Pressures
20. Multidomestic Strategy
21. International Strategy:Managing Dual Pressures
22. Global Strategy(Textbook Variety)
23. International Strategy:Managing Dual Pressures
24. Transnational Strategy (v.1)
25. Transnational Strategy (v.2)
26. Transnational Strategy (v.3)
27. Entry Mode Decision Matrix
28. Foreign Market Entry Modes Export
Licensing
Joint Venture
WOS
Acquisition
Greenfield
29. Intl. Strategy and Entry Mode