Business-level, Corporate-level, and International Strategies
Using the South University Online Library or the Internet, research about the following:GlobalizationInternational strategic alliancesCooperative strategies
Part 1-half page
Based on your research and reading, complete the following tasks:Define liability of foreignness and regionalism. Discuss how it relates to and how it impacts international strategies.Describe corporate strategic alliance and discuss why a company would want to develop one. Are strategic alliances necessary for a company to expand internationally?Describe the primary reasons for failure of an international strategic alliance. Identify at least four fundamental issues that affect trust between partners, and explain when an acquisition is more favorable than a strategic alliance.
Part 2-half page
Cooperative strategies seem to be a good idea. Using what you have learned about strategic management and in relation to cooperative strategies, respond to the following questions:Discuss the difference between a business-level cooperative strategy and a corporate-level cooperative strategy. Under what circumstances would you choose to develop a cooperative strategy? When is it not a good idea?Explain the approach you would adopt to manage a cooperative strategy between two companies.Describe the three types of strategic alliances and the reasons why companies develop them.Describe situations when each is most appropriate to adopt.
Foreign firms have a disadvantage that the experience in the host countries where they have set up their businesses. This is brought about by the non-native status of the firms. The status affects the foreign firms in that, due to being unfamiliar with the environment in which they are operating in, they are unable to predict which actions to take in effort to manage in the new environment. Liability of foreignness affects international strategies by stalling the international firms operations.
`Corporate strategic alliances can be described as the agreement that is met……………..
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