Question
Analyze that potential international market by considering the 4 aspects of the Diamond of National Advantage: industry rivalry, demand conditions, related and supporting industries, and
Analyze that potential international market by considering the 4 aspects of the Diamond of National Advantage: industry rivalry, demand conditions, related and supporting industries, and factor endowments
Analyze the forces (in the home market and international market) that will help the organization succeed with its expansion, and the forces that may act as barriers to that expansion.
Evaluate the 4 adjustments leaders must make when expanding internationally (Burkus, 2012). Recommend 1 specific leadership action for each adjustment, such as developing a global mindset, developing sensitivity to cultural differences, decentralizing, deciding on the level of involvement, etc.
- 1 slide foranalysis ofeach of the elements of the Diamond of National Advantage. (Hint:Be sure to explain both in terms of the country's and the company's abilities and attributes.) (4 slides, with speaker's notes)
- Leadership actions required to make the 4 adjustments identified by Burkus (2012). (Hint:Develop a global mindset, Develop sensitivity to cultural differences, Decentralize, Decide on the level of involvement) (1 slide, with speaker's notes)
Step by Step Solution
3.48 Rating (151 Votes )
There are 3 Steps involved in it
Step: 1
Analysis of the Diamond of National Advantage 1 Industry Rivalry Consider the level of competition in the potential international market Evaluate the ...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