Week+7.ppt - International strategy I&E Francis Sun Ph.D...

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International strategy, I & E 08/31/17 1 Week 7: international strategy and I & E Francis Sun, Ph.D. [email protected]
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What is strategy? 08/31/17 2 Week 7: international strategy and I & E
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Process-based explanation: strategic planning/strategic management: An integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage --- Michael A. Hitt, R. Duane Ireland, and Robert E. Hoskisson, Strategic Management: Competitiveness and Globalization (Concepts and Cases), 2007. 08/31/17 3 Week 7: international strategy and I & E
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The Strategic Management Process Objectives External Analysis Internal Analysis Strategic Choice Strategy Implementation Competitive Advantage? Mission 08/31/17 4 Week 7: international strategy and I & E
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Mission Objectives External Analysis Internal Analysis Strategic Choice Strategy Implementation The Strategic Management Process Business Level Strategy Corporate Level Strategy How to Position a Business in the Market? Which Businesses to Enter? 08/31/17 5 Week 7: international strategy and I & E
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Mission Objectives External Analysis Internal Analysis Strategic Choice Strategy Implementation Corporate level strategy Corporate Level Strategy Which Businesses to Enter? Vertical Integration Diversification 08/31/17 6 Week 7: international strategy and I & E
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International strategy 08/31/17 7 Week 7: international strategy and I & E
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Why do firms go international? – to take advantage of international opportunities market labor capital technology tax haven?
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