Assignment Papers-Formulating Strategy

Assignment Papers-Formulating Strategy

Formulating Strategy

 

Students are required to answer the three questions in essay format (maximum 450 words in total). Please print number of words at the end.

 

1. Discuss the merits of the following entry strategies – exporting, turnkey projects and wholly-owned subsidiaries.

 

2. What opportunities and threats will likely emerge when a firm decides to move from purely domestic operations to global operations?

 

3. As the Korean population is increasingly able to afford high priced items like cars, this market represents a desirable growth opportunity for Japanese, German, and American car makers. However, the Korean automobile market is dominated by Korean car manufacturers (Hyundai, Ssanyong, and Daewoo). Oftentimes, such domination by a domestic manufacturer is blamed on trade barriers, but Korea’s tariffs are among the lowest in the world. Why then do most Koreans drive Korean-made cars? What entry strategy would be most appropriate for accessing this culturally-closed market?

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