Executives must consider the benefits and risks of competing internationally when making decisions about whether to expand overseas. Executives also need to determine the likelihood that their firms will succeed when they compete in international markets by examining demand conditions, factor conditions, related and supporting industries, and strategy, structure, and rivalry among its domestic competitors.
Assignment
Competing in International Markets
When a firm does venture overseas, a decision must be made about whether its international strategy will be multidomestic, global, or transnational.
Answer these questions…
Which of the three international strategies is Kia Automotive using? (Multinational corporations choose from among three basic international strategies: (1) multidomestic, (2) global, and (3) transnational. These strategies vary in their emphasis on achieving efficiency around the world and responding to local needs.)
Is this the best strategy for Kia to be using?
Identify examples of companies using each of the three international strategies other than those described in the chapter.
Which company do you think is best positioned to compete in international markets?
We’re not asking about specific knowledge you’ve accumulated, but how your ability to handle ideas and marshal evidence has improved.
Instructions
Your assignment must be done using Microsoft Word.
Write a minimum full two-page paper on your response to the assignment question.
Your detail response must be clear, concise, using your critical thinking skills.
Review the Submission Guidelines before uploading your paper.
Upload your paper for grading when completed.
Due Date: Thursday, April 4, 2024 / 11:59pm CT
Submission Guidelines
This assignment will be done in Microsoft Word. Upload your submission after you have completed your assignment.
Your homework must be done using Word.
Meet the minimum full two-page response criteria.
APA format – 1inch margin on all sides
You must use Times Roman 12 point font.
Paper should be double-spaced.
All homework must have a cover sheet.
A Cover Sheet includes this information:
Title of Paper: Competing in International Markets
School:
Course:
Instructor:
Presented by: (Your Name)
Date: (The Date)
