Resume

Summary Global Strategic Management 2022 KUL, Antwerp

4 fois vendu

Cours
Global Strategic Management

Établissement
Katholieke Universiteit Leuven (KU Leuven)

Book
International Business Strategy

This is a concise summary of Global Strategic Management for students MBA KUL, campus Antwerp. This course is given by prof. Niels Dijkman. The summary summarizes all the chapters seen in the lectures. All the models/theories are explained with pictures.

[Montrer plus]

Aperçu 5 sur 37 pages

Voir l'exemple

Livre entier ? Oui
Publié le 26 janvier 2022
Nombre de pages 37
Écrit en 2021/2022
Type Resume

KULHW Membre depuis 6 année 140 documents vendus

€3,99

Ajouter au panier

Ajouter au liste de veux

Garantie de satisfaction à 100%
Disponible immédiatement après paiement
En ligne et en PDF
Tu n'es attaché à rien

KU Leuven, campus Antwerpen,
Master in Business Administration

Global Strategic Management 2022
Prof. Niels Dijkman

, Part 1: Core concepts
CH 2: conceptual foundations of IBS
7 Concepts of unifying Framework ( Verbeke )

1) Location -
bound firm specific advantages
-
( non transfereble)
-

= These FSAS (an 't be easily transferred ,
de played and exploited in
foreign markets .

Types : 1) standalone resources : netwerk of good Store location in home Country

2) other resources : local mkt
knowledge and reputationat resources .
( brand name )
3) local best practices routines
highly effecten in are Country not be the same in hostc
:
many .

4) Domestic recombinatie in ability firm may not be adept enough
: to deal with complexities g
foreign markets

→ when FSA 's are Location -
Bound ,
then they need to be revealed or acquired through 3rd

the host
party in
Country

2) Non -
location -
bound FS As I International tranferable)
these ESA 's dan t creatine border between home
'
=
stopt value when the is crossed and host Country .

Their Internal include tech ,
marketing admin ( gov related I know
Ledge
Strength :
,
-
.

Paradox : → codifiable know ledge =
cheap to transfer ,
deploye and exploit but can also be easily imitated

playing
'
→ tacit know ledge = en it requires person to person can thus can t be easily imitated .
→ often Key source

of advantage when doing business abroad The minst imp bundel tacit know hedge admin heritage
Comp of =
.
.

=
Key routines developed by the firm since its Inception .

4 archetypes of admin .

heritage
11 homes
Centralized exporteur =
Country managed firm Selling prods Internationally .
Foreign subsidiairies act as facilitator
bv Motion → Market Seeker
.

picture
•
Stand ardised Products

-

Manuf . in Horne Country → Successfail through exporting
'
Limited value creatine facilities abroad

'

FSAS embiodied in the products
-

The arrow cutting through dotted areas represents the direct link
between home country NLB FSAs and host country LA. Without
development of new LB FSAs in the host country.

, 2) International projector =
know /edge based FSAS developed in the homes
Country are transferred to subs in host countries

the intl projector MNE seeks intl expansion by projecting its homes Country Success recipes abroad .

bu Ford
.

, Disney , Ikea

l f ofpsd e elopment
thus
doing of the

-

31 lntl coordinator their
=
Success is not primary on name nor host Country .
They have both upstream and downstream

through a
tightly controlled but still flexible logistics function .

-
Subs are
Specialized in specific value -

adding activities

-
Subs form verticle value Chains across borders .
( = doing diff parts of Prod . in
diff countries)

bv .
Logitech ,
British Petroleum

-

41 Multi centred MNE = It consists of set of entrepreneurial subs abroad which Key to know/ based
a are
edge
-

FSA Development It .
is a
portfolio of large/ y Independent businesses

bv .

Philips

The multi-centred MNE transfers only key routines from
the home country to host countries. The large, shaded
middle areas in the host countries represent the
necessity to build new, LB FSAs in each host country.
The double-headed arrows reflect the close alignment
the host country operations must develop between their
own LB FSAs and the host's LAs

ĳ ĳ ĳ

,3) Location Advantage
1) Abudant natural resources

2) Superior education System →
good human resource

3) good local Market for specifiek products → local innovation

41 geographical scope a
) Country Wide

b) economie clusters

c) Cross -

Country

FDI =
forgien Direct Investment = is the allocation of resource bundels by an MNE in a host

Country with ,
the
purpose of performing business activities over which the MNE retains

Strategic Control in that Country .

FDI if host confers location advantage
→
only engage in the Country relative to the home
Country .

Fair Motivaties of global firms te invest in Foreign countries

11 Natural resource Seekers

= lnvest abroad to acquire particular or specific resources at lower real cost and risk than could be

obtained in their have market .
bu . Exxonmobil ( Oil Company ) =

types ( bound ) These
a) Physica resources Commodities ,
location -
resources are not
proprietavy =

b) Cheap labor niemand z n eigendom
c) Tech ,
info , expertise ( knowhow )

2) Market Seekers

= the Search for customer in host countries .
bu KFC in China

reasons at they follow their Main Supplies or customer s

b) adaptation to local needs , indigenous resources and capabilities
Reduction Chain costs
C)
of Supply
d) reed for Physiol presence in leading markets

ĳ

, 3) Strategic Resource Seeking
to to advanced downstream admin Also
=
gain access resources → upstream , , knowledge .
to exploit market

imperfecties
bv .

Samsung

Seekers
4) Efficiency
=
They Invest in a
foreign market to rational ize the Global supply Chain Structure of established

resource -
or Market based
-

dispersa activities .

bv .
Logitech
3 main reasons

)
s other motivaties

Les avantages d'acheter des résumés chez Stuvia:

Qualité garantie par les avis des clients

Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.

L’achat facile et rapide

Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.

Focus sur l’essentiel

Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.

Foire aux questions

Qu'est-ce que j'obtiens en achetant ce document ?

Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.

Garantie de remboursement : comment ça marche ?

Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.

Auprès de qui est-ce que j'achète ce résumé ?

Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur KULHW. Stuvia facilite les paiements au vendeur.

Est-ce que j'aurai un abonnement?

Non, vous n'achetez ce résumé que pour €3,99. Vous n'êtes lié à rien après votre achat.

Peut-on faire confiance à Stuvia ?

4.6 étoiles sur Google & Trustpilot (+1000 avis)

69052 résumés ont été vendus ces 30 derniers jours

Fondée en 2010, la référence pour acheter des résumés depuis déjà 15 ans

Commencez à vendre!

Resume

Summary Global Strategic Management 2022 KUL, Antwerp

Infos sur le Document

Sujets

Livre connecté

Plus de résumés pour

École, étude et sujet

Vendeur

Avis reçus

Aperçu du contenu