Discussion Post
Chapter 7: Strategies for Competing in International Markets.
• The primary reasons companies choose to compete in international markets.
• How and why differing market conditions across countries influence a company's strategy choices in international markets.
• The five major strategic options for entering foreign markets.
• The three main strategic approaches for competing internationally.
• How companies are able to use international operations to improve overall competitiveness.
• The unique characteristics of competing in developing-country markets.
Chapter 8: Corporate Strategy Diversification and the Multibusiness Company
• When and how business diversification can enhance shareholder value.
• How related diversification strategies can produce cross-business strategic fit capable of delivering competitive advantage.
• The merits and risks of unrelated diversification strategies.
• The analytic tools for evaluating a company's diversification strategy.
• What four main corporate strategy options a diversified company can employ for solidifying its strategy and improving company performance.
Task
After you read about the strategies to enter a foreign market, choose between a Foreign Subsidiary Strategy and a Joint Venture Strategy, and argue the advantages of the one you have chosen over the strategy you did not choose. Name a company or industry whereby your argument would apply?
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.