Question

In: Economics

What are the different ways an organization can go global?

What are the different ways an organization can go global?

Solutions

Expert Solution

Different ways that a company can go global are:-

1. Exporting: the company can export its product to get its feet in the market of the country they want to set business in. This will allow the marketing team. To review the competition, demand and the structure of the market essentially creating a strategy for action.

2. Franchising: the business can invest in getting a franchise, this would allow a company to be able to get into the market without them having the need to spend a huge amount of capital.

3. Acquisition: acquisition allows a company to essentially acquire a company that is already established in the target market, absorbing all of its resources and research and utilize their reach to their own benefit.

4. Greenfield investment: this is where companies and businesses form a project of their own and spend a huge capital to make their presence a reality and strengthen the market position which cannot be achieved by the other strategies.

Rahul Sunny answered 1 year ago
Next > < Previous

Related Solutions

What are the benefits of an organization entering global production? What are the disadvantages? Can you...
What are the benefits of an organization entering global production? What are the disadvantages? Can you provide an example of why a business would not want to pursue global production? Please make the post as original as possible
Shares In what ways can shares be “preferred”? In which ways are they similar and different...
Shares In what ways can shares be “preferred”? In which ways are they similar and different from common shares? Give real-world examples. How does the book value of shares of stock differ from the market value of shares of stock? Use a real-world example in your answer. Dividends Discuss at least three main issues a board of directors considers when making a dividend declaration decision. How does a share dividend differ from a share split? Retained Earnings e) Explain why...
What does it mean to be a global organization? Why is nestle organization global? Discuss the...
What does it mean to be a global organization? Why is nestle organization global? Discuss the main success factors of the global brand(nestle) . What is the marketing strategy, competitors and competitive advantage? Discuss the concept of globalization vs. customization and the measures taken by the nestle to recognize that offerings and communication should be adapted to local preferences and conditions. Support your answer with solid examples. Discuss the main challenges faced by the nestle in brand building such as...
What are the elements of uncertainty in an international business and some ways an organization can...
What are the elements of uncertainty in an international business and some ways an organization can protect itself (hedge) or take advantage of differences in corporate taxes and variable costs to minimize the impact of negative consequences of forecast or actual operations and protect the company's profits? Any information will help. This is a masters level advanced finance class. Thank you.
Describe ways in which turnover in an organization can be bad, and ways in which it can be good.
Describe ways in which turnover in an organization can be bad, and ways in which it can be good.
What are the ways that they are the same and the ways that there are different?
Bohr versus Schrodinger. Compare and contrast the Bohr model and the Schrodinger model for hydrogen. What are the ways that they are the same and the ways that there are different? 
what can go wrong with too drastic and radical change in the health care organization and...
what can go wrong with too drastic and radical change in the health care organization and how to prevent this ?
What are some different ways the government can regulate public utilities.
What are some different ways the government can regulate public utilities.
Children overseas often go hungry for long periods of time. In what ways can this affect...
Children overseas often go hungry for long periods of time. In what ways can this affect social, cognitive and physical development?
when there is change in an organization it can impact the organization on three different levels....
when there is change in an organization it can impact the organization on three different levels. Societal, Industrial and Firm-level developments. Describe each level and why it is important .
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT