Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Apply the Global Strategy model below to the following cases: For each case indicate which global strategy (one of the four strategies in the model
Apply the Global Strategy model below to the following cases: For each case indicate which global strategy (one of the four strategies in the model below) best suit the needs of the company to be successful in its global business. Explain you answer with examples and explain why you chose this particular global strategy and not one the other strategies, a. MakeRobot manufactures 3D printers, which "print" objects by depositing layers of plastic or other materials until the object is complete. MakeRobot actively sells its machines to every country in the world but its machines are the same everywhere. b. Bank of America is a multinational bank, headquartered in New York City and in London, but it has offices around the world. For example, the bank began operations in Japan in 1924 and in Indonesia during the early 1920s. The bank has operated in Saudi Arabia and India since the 1930s. Because regulations and regulators are unique to each country. C. China has made a commitment to convert to electric cars and Tesla, an electric car manufacturer, hopes to participate in this market. The company is negotiating to manufacture cars in Shanghai. Most of the car parts will be the same as those built in the US, but adaptation to local conditions and regulations is necessary to appeal to Chinese customers. Apply the Global Strategy model below to the following cases: For each case indicate which global strategy (one of the four strategies in the model below) best suit the needs of the company to be successful in its global business. Explain you answer with examples and explain why you chose this particular global strategy and not one the other strategies, a. MakeRobot manufactures 3D printers, which "print" objects by depositing layers of plastic or other materials until the object is complete. MakeRobot actively sells its machines to every country in the world but its machines are the same everywhere. b. Bank of America is a multinational bank, headquartered in New York City and in London, but it has offices around the world. For example, the bank began operations in Japan in 1924 and in Indonesia during the early 1920s. The bank has operated in Saudi Arabia and India since the 1930s. Because regulations and regulators are unique to each country. C. China has made a commitment to convert to electric cars and Tesla, an electric car manufacturer, hopes to participate in this market. The company is negotiating to manufacture cars in Shanghai. Most of the car parts will be the same as those built in the US, but adaptation to local conditions and regulations is necessary to appeal to Chinese customers
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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