Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

( 1) How Does Strategy Respond to Environmental Factors Imprima Corporation is based in the United States and is examining the prospects for expanding into

image text in transcribed
( 1) How Does Strategy Respond to Environmental Factors Imprima Corporation is based in the United States and is examining the prospects for expanding into international markets with its main product, BD printers for personal computers. Generally, 3D printers are made from standard parts. However, when sold internationally, some modifications are made to adapt the product's power supply (e. g., voltage requirements and shape of the plug for electrical outlets) and internal software to suit specific language requirements. Consider the various attributes of the market for 3D printers and how Imprima should respond to them in the process of formulating strategy. (i) From Imprima's standpoint, what are the main drivers to be considered when selecting an overall approach to international expansion and how do they impact the firm's decisions? (ii) What are the relative advantage(s) of the strategic choices faced by Imprima? {iii} What are the market related factors that typically affect strategic decisions to be more globally integrated versus locally responsive? (E.g., 'm the case of Imprima language is a factor that necessitates adapting the product software to certain markets). Please give several examples of how and why the most important of these factors can lead to product adaptation for the local market. (iv) Imprima management is concemed that its pricing might be too high, given the lower income level of typical consumers in many international markets. What steps can Zebra take to help reduce the pricing on its laser printers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistics

Authors: Robert S. Witte, John S. Witte

11th Edition

1119254515, 978-1119254515

Students also viewed these Economics questions