Assignment 1: Discussion Assignment
To support your work, use your course and text readings and also use outside sources. As in all assignments, cite your sources in your work and provide references for the citations in APA format. Length of this paper should contain a minimum of 400 words.
Business-level, Corporate-level, and International Strategies
Using the South University Online Library or the Internet, research about the following:
- Globalization
- International strategic alliances
- Cooperative strategies
Part 1
Based on your research and reading, complete the following tasks:
Introduction
Liability of Foreignness and Regionalism
- Define liability of foreignness and regionalism. Discuss how it relates to and how it impacts international strategies.
Strategic Alliance
- Describe corporate strategic alliance and discuss why a company would want to develop one. Are strategic alliances necessary for a company to expand internationally?
International Strategic Alliance
- Describe the primary reasons for failure of an international strategic alliance. Identify at least four fundamental issues that affect trust between partners, and explain when an acquisition is more favorable than a strategic alliance.
Part 2
Cooperative strategies seem to be a good idea. Using what you have learned about strategic management and in relation to cooperative strategies, respond to the following questions:
Cooperative Strategy
- Discuss the difference between a business-level cooperative strategy and a corporate-level cooperative strategy. Under what circumstances would you choose to develop a cooperative strategy? When is it not a good idea?
Cooperative Strategy Approach
- Explain the approach you would adopt to manage a cooperative strategy between two companies.
Types of Strategic Alliance
- Describe the three types of strategic alliances and the reasons why companies develop them.
- Describe situations when each is most appropriate to adopt.