Assignments
The following Assignment Questions should be completed and submit your responses to these questions in one WORD document. List the question first, and then your response. Your response must adequately cover the question without being wordy or relying on “yes” or “no” responses. USE STYLE APA FORMAT 7TH EDITION
- Explain the differences between a “think local, act local”, “think global, act global” and a “think global, act local” strategy.
- Discuss why a company desirous of competing in foreign country markets needs to pay close attention to the advantages of cross-border transfer of competencies and capabilities. Is such transfer often a key to competitive advantage? Why or why not?
- Identify and briefly describe a local company’s strategic options in competing against global challengers.
- Explain how exchange rate fluctuations pose a risk to manufacturing companies who rely upon an export strategy to compete in foreign markets.
- Explain why a company desirous of competing in foreign markets needs to pay careful attention to where it locates it value chain activities.
- Using the internet, identify and discuss three key strategies that Volkswagen is using to compete in China.
- Illustration Capsule 7.1 – Walgreens Boots Alliance, Inc.: Entering Foreign Markets via Alliance Followed by Merger on page 192 provides the example of an alliance between Walgreens and Alliance Boots. What was this partnership designed to achieve and why did the alliance make sense for a company like Walgreens?
- How strong are the competitive forces in the movie rental marketplace? Do a five- forces analysis to support your answer.