Innovative MNE Strategies Exam Bank Solution Manual Already Passed

Innovative MNE Strategies Exam Bank Solution Manual Already Passed International Business - Answers Study of transactions across borders to satisfy needs Multinational Enterprises (MNEs) - Answers Firms operating in at least two countries Trade - Answers Consists of exports and imports Foreign Direct Investment - Answers Equity funds invested in other nations Economic Globalization - Answers Growing interdependence of economic actors worldwide Nz markets - Answers Major player in dairy, meat, fruit exports Pros & Cons of Globalization - Answers Benefits and drawbacks of economic globalization Why Firms Become MNEs - Answers To make money, improve returns, and exploit assets Internationalization - Answers Process of entering foreign markets Internationalization Modes - Answers Options for expanding into foreign markets Competitive Advantage - Answers Value creation surpassing costs and rivals FSA/CSA Matrix - Answers Distinguishes firm-specific and country-specific advantages Strategic Management Process - Answers Involves strategy formulation, implementation, and evaluation Mission - Answers Defines a firm's purpose and sustainable benefits Analysis of External & Internal Environment - Answers Evaluates opportunities, threats, strengths, and weaknesses Formulation of Objectives & Overall Plan - Answers Identifies long-term and short-term goals Implementation Process - Answers Breaking down the plan and assigning responsibilities Evaluation & Control of Operations - Answers Measuring progress against goals and adapting to changes Comparative Advantage - Answers Ability to produce goods/services at a lower opportunity cost InfoSys - Answers Indian ICT firm leveraging Country-Specific Advantages CSAs - Answers Competitive Strategic Advantages from low labor costs and skilled English speakers Firm-Specific Advantages (FSAs) - Answers Benefits from strategic activities location and world's largest training center Emerging Technologies - Answers Includes mobile web, VOIP, and e-Commerce to maintain competitiveness Strategic Planning - Answers Evaluation of external environment and internal capabilities for goal achievement Strategy Formulation - Answers Involves SWOT analysis to identify objectives and action plans Generic Strategies - Answers Developed based on SWOT analysis for strategic planning External Assessment - Answers Utilizes industry experts, historical data, managers, and simulations Porter's Five Forces - Answers Analyzes industry competitiveness and attractiveness through five key aspects Internal Assessment - Answers Pinpoints MNE strengths and weaknesses for strategic planning Physical Resources - Answers Assets used in strategic planning and operations Personnel Competencies - Answers Skills and abilities of individuals within the organization Cost Strategy - Answers Focuses on low prices through cost reductions Differentiation Strategy - Answers Aims to create unique offerings in the market Focus Strategy - Answers Concentrates on specific buyer groups and segments Nationalization - Answers Government takeover of business assets, with or without compensation. Privatization - Answers Transfer of business ownership from the government to private entities. Strategic Interests - Answers Government intervention in vital industries for national security or stability. Regulatory Oversight - Answers Government regulations to protect consumers and ensure fair competition. Public Services - Answers Essential services like healthcare and education provided by the government. Partnerships - Answers Collaboration between governments and businesses for shared goals. Free Trade Agreement (FTA) - Answers Removal of trade barriers like tariffs among member countries.