multinational corporation amp strategic implementation
Consider yourself a management consultant. You have been commissioned by a domestic Saudi company to elaborate a report on the conditions necessary to successfully enter a ‘newâ€
market in foreign country.
The senior management responsible asks you to assess the current strategy of the company, to produce realistic strategy and develop a plan for entering the new market (you have to select a particular foreign market on where your company will operate)
Questions:
To accomplish your tasks you have to:
- Identify the pros and cons of the actual strategy of this company (choose a Saudi company from the real market).
- Present the key challenges you are likely to face when internationalizing the business?
- Describe the optimum and realistic strategy to a successful entry in the new market. Justify your choice of this strategy.
- Develop the steps for entering this new market
- Present recommendations to the senior management team to gain market share and improve the competitive advantage on the new market.
Note: the chosen strategy should be supported by your findings from research of relevant theories and models.
The assessment of the answers will be highly based on the usage of terminology, models and theories developed in your course.
My Instructor request us to use below direction to complete above task:
1. Choose one of the three points:
A. Leadership cost
B. diversificationion
C.Concentration/focused strategy.
And explain it with details with pros and cons; also ensure adding examples for below requirements,
– use the steps for entering this new market (as attached in pics file)
– use the key challenges faced when internationalizing the business (as attached in pics file)
– Explain with details, with adding some facts and examples for all (minimum 4)
– Cite them and link it to the case study.
– Support all documents with facts.
– use the strategies to successful entry in the new market (as attached in pics file).
Book of course:
Foundations of Strategy 2nd Edition by ROBERT GRANT & JUDITH JORDAN
- Student must apply APA style guidelines.
- Support your submission with course material concepts, principles, and theories from the textbook along with at least 4 scholarly, peer-reviewed journal articles.
- A mark of zero will be given for any submission that includes copying from other resource without referencing it.
- Write at least 6 pages in length, excluding the title page, abstract and required reference page, which are never a part of the minimum content requirements.
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