Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Utilising relevant analytical tools (e.g. Value chain, VRIN), critically analyse GSK's ownership advantages (Os), classifying them into Oa; Ot and Oi . 2. Internalisation
1. Utilising relevant analytical tools (e.g. Value chain, VRIN), critically analyse GSK's ownership advantages (Os), classifying them into Oa; Ot and Oi. |
2. Internalisation advantages refer to the ability of a firm to leverage its ownership advantages abroad (e.g. the transfer of intangible assets, knowledge), how can GSK internalise its ownership advantages (Os identified in Q2) into Brazil? |
3. With reference to different national culture frameworks (e.g. Hofstede, GLOBE, High-context vs low-context etc.), critically discuss both barriersandcompetitive advantagesby comparing the cross - culture differences between the UK and Brazil. |
4. Drawing upon relevant innovation literature, critically discuss what type of innovation strategy GSK adopts, and what benefitsand challenges GSKcould face bybuilding its local innovation networks in Brazil? |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started