How to gain and maintain exports in other international markets.
How to defend domestic markets against
imported goods. 1. Get to know global markets first. 2. Counter-attack at home for parent firms (attack them at their homes). 3. Invest in new technology. 4. Consider alternative sources. 5. Install the right management at host countries. 6. Sacrifice for short-term profit for long-term profit. 7. Join forces with competitors Get ¼ piece of paper and answer the ff questions: 1. All the policies that are put into action must be formalized. a. Space for quick adaptation b. Objectives of the respective organization should be upheld c. Formal strategies d. None of the above 2. Projects prepared with guidelines for effective strategic management assignment help elaborate that there should be no fixed policy. a. Space for quick adaptation b. Objectives of the respective organization should be upheld c. Formal strategies d. None of the above 3. The strategic policies have to be created keeping these points in mind. There should be no clashes between policies and objectives. a. Space for quick adaptation b. Objectives of the respective organization should be upheld c. Formal strategies d. None of the above 4. All of the strategies that are prepared should have a connection or consistent nature. a. Space for quick adaptation b. Objectives of the respective organization should be upheld c. Consistency in strategies d. None of the above 5. These teams prepare policies not hard- bound dictates. Understanding the distinction is crucial. a. Objectives of the respective organization should be upheld b. Consistency in strategies c. The distinction between strategies and rules d. Formal strategies 6. No policy is perfect, after implementation, the management must review all aspects of the implemented idea and seek which points have worked and the areas that need further improvement. a. Objectives of the respective organization should be upheld b. Reviewing implemented Policies c. Formal strategies d. None of the above 7. The plans developed by an organization to target growth on a global level for sales of products or services. a. Global strategy b. Global market c. Global marketing d. None of the above 8. When properly designed, installed, and operated, a can efficiently acquire information promptly and accurately. a. Objectives of the respective organization should be upheld b. Consistency in strategies c. Global challenges d. Computer Network 9. Get to know global markets first. 10. Defend at home for parent firms. 11. Never invest in new technology. 12. Overlook alternative sources. 13. Install the right management at host countries. 14 . Sacrifice for short-term profit for long term profit. 15. Join forces with competitor. ANSWERS 1. C 2. A 3. B 4. C 5. C 6. B 7.A 8. D 9. S 10.F 11. F 12. F 13. S 14. S 15. S