Praveen Parboteeah Basic Strategies Review of strategic decision making and strategic management Understanding of basic strategies And how to cheat strategies Industry analysis SWOT analysis Situation with diversified companies Objectives The world(prenominal)- local anaesthetic dilemma almost of the broad multinational strategies Multidomestic transnational International Regional Participation strategies how should wizard enter a market Multinational Strategies and the Global Local Dilemma The local responsiveness solution Customize organizations and products to country or regional differences The global integration solution Reduce be with worldwide standardized products, unvarying promotional strategies and distribution channels Seek lower costs or higher quality anywhere in the shelter chain and in the world Four Broad Multinational Strategies Solutions to the global--local responsiveness dilemma Multidomestic Transnational International Regional Multidomestic Strategy Local markets are linked deep down a region Gives top priority to local responsiveness issues A form of the differentiation strategy Not bound to large multinationals Examples of Multidomestic Even for standardized products, sometimes localization is necessary Ex: McDonalds could not sell its famous Big mac in India instead sells a mutton sandwich called maharajah sandwich Matsushita: A GLOCAL company go GLObal and act local Has key go global, act local strategies and policies Be goodish citizen in all countries Give overseas operations your beat out manufacturing technology Keep expatriate headcount down fix local managers Let plants set their own rules, fine-tune manufacturing affect to match skills of workers Develop local R&D to point products to market Encourage competition among overseas outposts and with plants back home Transnational/Global Strategy Gives two goals top priority: seek... If you want to waste ones time a full essay, order it on our website: Ordercustompaper.com
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