Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
4 Cards in this Set
- Front
- Back
|
What makes international business different from domestic business? |
Opportunities: IB competitive advantages through: maximising returns attaining global scale economies resource acquisition ease and cost enhanced competitiveness knowledge transfer. Threats: Complexity and risk. Complexity is due to the interrelatedness and layering of numerous political,social and economic systems. Risks: cross-cultural risk country risk currency or financial risk commercial risk |
|
|
Are the high growth rates sustainable? If yes, whatwill be the key success factor for the group? If no, whatshould be the group’s future strategy? |
High growth rates should be placed in context: reasons for the expansion of the Welspun group the growth of some specific market sectors the growth in specific developing countries and regions Yes: replicating the existing business expansion model Welspun invested in growth markets No: a future strategy of consolidation and then divestment of low returnbusinesses the inclusion of financial risk modelling country risk |
|
|
Can the group’s growth strategy serve asa ‘role model’ for companies elsewhere? Howand under what conditions? |
Consider what a role-model company portrays to other companies: the portrayal of ethics, strategies, corporate culture and return on investment. The qualities of entrepreneurs as risk takers and those who have access tofinancial capital will vary because of individual factors: ‘How does aid and enterprise intertwine?’ and ‘How do companies evolve and go global but stay local?’. |
|
|
What will be the one single factor that hashad the biggest impact on the group’s highgrowth trajectory? Justify your answer |
Many contributing factors The changing markets The timing of acquisition Social network development providing access to information aboutcompanies Does being large make it easier to grow and expand to become aglobal business? Are ‘Opportunity’ and ‘luck’ in business key elements to success? |
