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Question: Identify and discuss the key drivers for internationalization.

08 Oct 2022,2:08 AM

 

Question 1. What does the term “organisational configuration” mean in the context of strategy implementation? Discuss how strategy, structure, and systems should reinforce each other in organisational configurations. Provide examples to support your answer.

 

 

Question 2. Using either Porter’s generic strategies or the Strategy Clock, identify examples of organisations following strategies of differentiation, low cost or low price, and stuck-in-the-middle or hybrid. How successful are these strategies?

 

 

Question 3.  Identify and discuss the key drivers for internationalization. Using Porter’s diamond model, explain why some locations tend to produce firms with competitive advantages in some industries more than others. Support your answer with examples.

Expert answer

 

There are many reasons why businesses might want to expand their operations into other countries. Some of these reasons might include the desire to reach new customers, the search for new resources or opportunities, or the need to be closer to important markets. Additionally, changes in technology and communication have made it easier for businesses to connect with people all over the world, which has contributed to the growth of internationalization.

 

There are many benefits associated with expanding a business into other countries. One of the main benefits is that it can help businesses to grow and become more profitable. Additionally, it can also help businesses to diversify their operations and reduce their dependence on one particular market or region. Expansion can also provide businesses with new opportunities for innovation and creativity.

However, there are also some risks associated with expanding a business into other countries. One of the biggest risks is that businesses might not be familiar with the local laws and regulations in their target market. This could lead to problems such as not being able to obtain the necessary licenses or permits, or getting caught up in bureaucracy. Additionally, businesses might also face difficulties in finding qualified employees in their target market. They might also encounter cultural differences that could make it difficult to do business in their target market.

 

Despite the risks, expanding a business into other countries can be a very rewarding experience. businesses that are able to successfully navigate the challenges associated with expansion can reap many benefits. These benefits can help businesses to grow and become more profitable, to diversify their operations, and to find new opportunities for innovation and creativity. Additionally, expanding a business into other countries can also help businesses to build strong relationships with their customers and to better understand the local culture and customs.

 

If you are considering expanding your business into other countries, it is important to do your research and to consult...................

However, there are also some risks associated with expanding a business into other countries. One of the biggest risks is that businesses might not be familiar with the local laws and regulations in their target market. This could lead to problems such as not being able to obtain the necessary licenses or permits, or getting caught up in bureaucracy. Additionally, businesses might also face difficulties in finding qualified employees in their target market. Additionally, they might also encounter cultural differences that could make it difficult to do business in their target market.

 

Despite the risks, expanding a business into other countries can be a very rewarding experience. businesses that are able to successfully navigate the challenges associated with expansion can reap many benefits. These benefits can help businesses to grow and become more profitable, to diversify their operations, and to find new opportunities for innovation and creativity. Additionally, expanding a business into other countries can also help businesses to build strong relationships with their customers and to better understand the local culture and customs.

 

If you are considering expanding your business into other countries, it is important to do your research and to consult

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