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ADAPTATION STRATEGY

Monster follows a best value strategy, as it


Product Repackaging for Chinese
comes in 16 ounce cans that have about the same
(gold and red colors, gold: wealth and happiness
price point as Red Bulls 8.4ounce cans.
and red: good luck)
Monster drinks come in 36 varieties, ranging
Prices range from 5.96 in the Maldives to 1.12 i
from its flagship Monster Energy drink to double
n India with an average price of 2.06 worldwide,
strength, coffee flavored, fruit flavored, no
the(humuch.com).
calorie, protein enhanced, and other varieties.
AGGREGATION STRATEGY

Owns production Facilities Via Joint ventures


High cultural Fit & Alliance Performance Acquires smaller companies.
(collaboration with universities for research & Does not invest more while expanding as acquired
development) companies have their own cultural Fit.
Reinvention of health care programs. Streamlines Production.
Doubling investments in emerging markets.
ARBITRAGE STRATEGY

Teaming up with various businesses to allow Visa connects over 16,000 financial institutions to
cardholders to pay with their Amex points at over 44 million merchants
the point of sale, including Amazon, the car- The company's strategy is to build up the amount of
sharing service Uber, McDonalds. merchants that can accept electronic/digital payments
Data and analytics to enhance customer before implementing processing fees.
experience and drive marketing innovation for Agreement with the government to keep fees low for a
the firm certain period in India
Benefits for gold card holders ( double points Growth opportunities for Visa as developing regions
for restaurants transactions, a personalized throughout the world transition to cashless payment
travel service and $100 annual credit for airline systems
incidentals, including meals and baggage
surcharges. Amex will also be dropping its
foreign transaction fees.
SINGAPORE VS ETHIOPIA
Cultural Dimensions - Diverse ethnicity, 4 Cultural Dimension - authoritarian state Ethiopian
languages (English, Chinese, Tamil & Malay) & 3 Peoples Revolutionary Democratic Front
religions, Hierarchical Society (EPRDF)

Administrative Advantage 2nd most competitive Administrative Advantage Government run


city in the world. Competitive commission of policies
Singapore has strict monitoring policies (GST, Geographical Dimension- Remotely located in
import & export ) hilly areas.
Geographical Dimension- Increased transportation Economic Dimension - Economies ranked on
costs, delivery timelines (goods exported), Local their ease of doing business; for 2016 Ethiopia
supervision & operational requirements. ranks 159. Growth remains highly vulnerable to
Economic Dimensions Amongst top 39 world external shocks economic expansion of around 10
GDP , no minimum wage & technological percent over the past five years, facilitated by
advancements lead to high economic growth. improved infrastructure and more effective mining
and farming techniques
HOFSTEDE'S 6 CULTURAL DIMENSIONS
SINGAPORE
POWER DISTANCE- With a Confucian heritage (the chinese language) they usually have a syncretic technique to faith,
which is likewise the dominant method in Singapore. one of the key concepts of Confucian coaching is the steadiness of
society, which is basedon unequal relationships among people. Confucius distinguished 5 fundamental relationships: ruler-
subject; father-son; older brother-more youthful brother; husband-spouse; and senior pal-junior friend. those relationships
are based on mutual and complementary duties. here we can see the excessive PDI accordingly.
INDIVIDUALISM- Singapore, with a rating of 20 is a collectivistic society. which means the We is important, human
beings belong to in-groups (households, clans or corporations) who look after each other in exchange for loyalty. right
here we can also see the second one key precept of the Confucian teaching: The circle of relatives is the prototype of all
social organizations.
MASCULINITY -Singapore rankings 48 and is within the middle of the scale but extra at the female scale. this means
that the softer factors of way of life consisting of leveling with others, consensus, sympathy for the underdog are valued
and recommended.
UNCERTAINTY AVOIDANCE - Singapore scores 8 on this dimension and thus scores very low on this dimension. In
Singapore people abide to many rules not because they have need for structure but because of high PDI. Singaporeans call
their society a Fine country.
SINGAPORE
LONG TERM ORIENTATION - Singapore ratings 72, this excessive rating is reflected in Singapore
which suggests cultural features assisting lengthy-term investment along with perseverance, sustained efforts, slow outcomes,
thrift; being sparse with resources, ordering dating with the aid of status and having a feel of shame (see additionally again the
Confucian coaching). Singapore has also turn out to be one of the five dragons with a tremendous economic fulfillment.

while westerners have been searching out the reality, the Singaporeans are emphasizing distinctive feature and the manner you
do matters. they're continually preserving their alternatives open as there are numerous approaches to skin a cat.
Westerners accept as true with that if A is right, B must be wrong, while human beings from East and Southeast
Asian international locations see that both A and B blended produce some thing superior. This mindset allows for a greater
pragmatic approach to business.

INDULGENCE - This dimension is defined as the extent to which people try to control their desires and impulses, based on
the way they were raised. Relatively weak control is called Indulgence and relatively strong control is called Restraint.
Cultures can, therefore, be described as Indulgent or Restrained.

Singapore's intermediate score of 46.


ETHIOPIA
POWER DISTANCE - Ethiopia has (rating of 70) this means that that human beings be given a hierarchical order in
whichevery body has an area and which wishes no further justification. Hierarchy in an employer is seen as reflecting inherent
inequalities, centralization is popular, subordinates anticipate to be informed what to do and the correct boss is a benevolent
autocrat

Individualism - Ethiopia, with a score of 20 is considered a collectivistic society

Masculinity - Ethopia scores 65 on this dimension and is thus a Masculine society

Uncertainty Avoidance - Ethiopia received an intermediate score of 55 on this dimension.

LONG TERM ORIENTATION There is currently no score for Ethiopia on this dimension

Indulgence - There is currently no score for Ethiopia on this dimension.


INDUSTRY WISE GDP CONTRIBUTION
MANUFACTURING
Industry Structure, The Government has made bold decisions to ensure the country
has remains globally competitive. For e.g. The Government is
investing in the next wave of technology development to remain at
the forefront of digital innovation.
The Future of Manufacturing is a specific national strategy
applying an innovative focus to this sector.
In 2013, the Singapore Government announced an investment of
$500m over five years to boost the countrys skills in advanced
manufacturing with key focus on 3D printing and robotics.
Series of governmental direct incentives which have maintained
focus on building an innovation economy.
Some of these incentives included the early 90s National
Technology Plan followed by the National Science and Technology
Plan.
The current plan, the research, innovation and enterprise plan,
started to be effective in 2011 and an S$16.1 billion fund was
allocated to the development of a knowledge/innovation economy.
INDUSTRY WISE GDP CONTRIBUTION FOR
ETHIOPIA
WEST BENGAL INDUSTRIAL CLUSTER IN WEST BENGAL

http://www.clusterobservatory.in
INDUSTRIAL CLUSTER
West Bengal, Indias sixth largest economy, had a gross country domestic product (GSDP) of us$ 132.86 billion in 2014-
15, growing at compound annual growth charge (CAGR) of eleven.06 according to cent on account that 2004-05.
At modern-day expenses, Gross kingdom home Product (GSDP) of West Bengal is expected at US$ 140.56 billion in
2015-16. The common annual GSDP increase price from 2004-05 to 2015-sixteen was about 10.57 in line with cent.
West Bengal is the third largest nation in India in term of mineral production, accounting for about one-5th of total
mineral manufacturing. Coal debts for 99 consistent with cent of extracted minerals. The state is the most important
producer of rice and second biggest producer of potato in India.
The natural sources, policy incentives and infrastructure inside the country help investments
in essential sectors including iron and steel, biotechnology, coal, leather-based, jute products, tea, IT, gemstones and
jewelry. The country has three,000 acres of land at its disposal to set up industries.
West Bengal has 12 growth centers for medium and large scale industries, installation through the West Bengal business
development agency (WBIDC). There are special boom centers for electronics, software generation and export
processing. essential business areas of West Bengal are Haldia, Kolkata, Asansol-Durgapur location, and Kharagpur.
WEST BENGAL

http://westbengalhandloom.org
PORTERS DIAMOND MODEL WEST BENGAL
PORTERS DIAMOND MODEL SINGAPORE
PORTERS DIAMOND MODEL ETHIOPIA
THANK YOU

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