文档介绍：Chapter 7 International Strategy - Creating Value in Global Markets
Chapter 7
International Strategy: Creating Value in Global Markets
Strategic Management: petitive advantages
Gregory G1>. Dess
G. T. Lumpkin
Marilyn L. Taylor
Part 2: Strategic Formulation
The Global Economy: A Grief Overview
Opportunities and risks when firms diversify abroad
Trade across nations will exceed trade within nations
Rise of market capitalism around the world
Transfer of money from rich to poor countries
Equity
Bond investments
Commercial loans
The Global Economy: A Grief Overview
Opportunities and risks when firms diversify abroad
Economies of East Asia have grown rapidly, but little progress in the rest of the world
Poor education levels in many countries
Failure to manage broader economic factors in some countries
Interest rates
Inflation
Unemployment
Factors Affecting a Nation’petitiveness
Factor conditions
Nation’s position in factors of production
Skilled labor
infrastructure
Factor conditions
Demand conditions
Demand conditions
Nature of home-market demand
Industry’s product
Industry’s service
Factors Affecting a Nation’petitiveness
Related and supporting industries
Presence or absence in the nation of petitive
Supplier industries
Other related industries
Factor conditions
Demand conditions
Related and supporting industries
Factors Affecting a Nation’petitiveness
Firm strategy, structure, and rivalry
Conditions in the nation governing panies are
Created
Organized
Managed
Nature of domestic rivalry
Factor conditions
Demand conditions
Related and supporting industries
Firm strategy, structure, and rivalry
Factor Conditions
To petitive advantage, factors of production must be created
Industry specific
Firm specific
Pool of resources at a firm’s or country’s disposal is less important than the speed and efficiency with which the resources are deployed
Demand Conditions
Demands that consumers place on an industry for goods a