Global Strategy vs. Multicountry Strategy

Introduction: Thompson , Strickland and Gamble (2005) have differentiated between twain strategies based on the type of controversy ; Multicountry Strategy , and planetary Strategy They disused the suitability of each strategy as stated below: A multicountry strategy is appropriate for industries where multicountry competition dominates and local responsiveness is essential. A orbicular strategy workings best in markets that are planetaryly competitive or beginning to globalize. So, for any successful business decision maker, he/she should be aware of those factors that will affect his/her strategy. I study after reading the assigned texts that international Strategy succeeds when products and go requirements from country to country are similar and close. It is also suits global or emerging markets, those markets in which global competition exists. On the other hand, multicountry strategy works when local cultures and involve differ from country to another, which in turn affects the products specifications. Those changing needs demand for more customizable products and services. Another very important flower is the governmental regulations and trade barriers.

Few years ago , I was working in project with the Public Authority of attention to establish an Enquiry Unit as an obligation on Kuwait after signing the TBT agreement. I also get from my career experience as industrial engineer in Egypt , that all international products manufactured in Egypt , should contain 40% of the components from local providers. This mandatory governmental regulation lead railroad car manufacturers to change in design and specifications , in order to slowly source these components from the local market. Global Strategy: For those organizations that apply Global Strategy , they need to uniform and coordinate strategic decisions globally. These firms normally work in industries , products , and services that have high global demand. And they may compete local rivals as well as... If you indispensableness to get a full essay, order it on our website: Ordercustompaper.com

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