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Concept of the “bullwhip effect” in connection to push strategies Bullwhip effect happens when a company makes abundance of products that it predicts the customers may need keeping in mind the orders they get through a supply chain. There exists …
What are the key arguments against multinational firms promoting social and environmental objectives? Why are they important? Many people think that multinational firms should be doing more to promote these objectives. One reason for this is because of all the …
Visit the Gibson Member’s Forums website at Gibson Guitar Board (http://forum.gibson.com/. How many countries are represented among Gibson aficionados? How does the company appeal to Gibson fans across countries and cultures? When I go to the forum page, I see …
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What are the advantages and disadvantages of each of the possible organizational forms that support a global strategy? Which one do you prefer? Why? One organizational form is the functional structure, which has the advantage of having a staff …
Identify the first sources you go to when making a purchasing decision for a product. What made you decide to use these sources? When I am about to make a purchasing decision for a product I do research on …
Multinational firms must outsource non-core activities to remain competitive. What does this statement mean to you? Provide an example to illustrate your opinion. This statement means that in order for a company to continue to profit and stay on …
Describe in your own words what de-internationalization is. What processes can be the result of de-internationalization? De-internationalization is when a company, firm, or organization goes from international and reduces to only in their home country. Many times companies do …
By using specific examples, explain how multinational firms balance (or not as the case may be) trust. A multinational firm needs to rely heavily on good communication between teams. They are often working on the same project but separated by …
There is no one best way to enter foreign markets. It is a case of horses for courses.’ What does this statement mean to you? How does it impact processes and procedures? When i hear this statement I often think …
Describe in your own words what functional benchmarking is. Why is it important in the global business environment? I have never heard of the term functional benchmarking before now, but I am glad i am now familiar. It seems like …