International Business and Global Competitiveness: Key Concepts and Strategies

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) What is the difference between PEST, PESTEL, STEEPLE, and SLEPT Analysis?

16.) What are a corporation's dynamic capabilities and why is it important to be aware of them as part of the strategic management process?

17.) Different internationalization strategies are normally compared based on two main dimensions. What are these two dimensions and why were they originally chosen by companies to compare their internationalization strategies?

18.) How can a company create competitive advantage in its most basic form?

19.) What are sources of competitive advantage?

20.) What is the next step after you have conducted a PEST Analysis? How do you use such an Analysis?

21.) In class we discussed four basic levels of internationalization. Name and compare these four levels.

22.) What is a 5 C Analysis and what are its five components? When and how might a 5C Analysis be used to support the strategic management process of a corporation?

23.) What is the CAGE Framework? Please explain the approach and its significance briefly.

24.) What are the five different international-expansion entry modes which we spoke about in class?

25.) What is the Bottom of the Pyramid (BoP)? Why is it important to be aware of this potential customer segment?

26.) Please give an example of a company or a product which is successfully being marketed at the bottom of the pyramid?

27.) What is the EPRG Framework? Please explain in detail.

28.) Describe an Ethnocentric management orientation? Is it bad for companies to be ethnocentric?

29.) Describe a Polycentric management orientation and compare it to a Regiocentric orientation.

30.) Why is ethics in international business important?

31.) What are the main challenges for managers in an international environment who try to act ethically?

32.) Why did we talk about the importance of understanding globalization and supply chain management when we first started to talk about strategic management? Name and explain at least three core points.

33.) Name and describe at least four aspects that influence the ethical behavior of managers.

34.) In evaluating foreign markets, we discussed a number of different filters that companies can use to determine the attractiveness of- and the challenges in entering a market. Briefly name and describe these four filters.

35.) The Global Competitiveness Report lists 12 different Pillars of Competitiveness. Please name 10 of the 12 pillars.

36.) There are six different modes of internationalization that we discussed during class. Name and briefly explain the differences between these different modes of market entry.

37.) How do you evaluate and compare foreign markets to arrive at the most attractive choice for an internationalization venture? Please be detailed.

38.) The Global Competitiveness Report lists 12 different Pillars of Competitiveness. Please name and explain 5 pillars in detail.

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