Describe the situations when licensing is not a good option for a firm.

Learning Goal: I’m working on a management question and need guidance to help me learn.

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Q1: Go through the following link:

com/pros-cons-foreign-direct-investment-international-businesses-56164.html” target=”_blank” rel=”noopener” data-linkindex=”0″ data-safelink=”true” data-auth=”NotApplicable”>https://smallbusiness.chron.com/pros-cons-foreign-direct-investment-international-businesses-56164.htm

8.3 Test your Knowledge (Question):

1. Describe the situations when licensing is not a good option for a firm.
2. What prompted the formation of the European Union? Discuss.

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Q2: Watch the short video in the following link and answer the question given in test your knowledge section.

https://www.youtube.com/watch?v=DNUwZctwwhw

8.3 Test your Knowledge (Question):

Q: Briefly describe the main points highlighted in the video.

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Q3:Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14^th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Recommended

Andersson, H., & Janson, G. (2012). Evaluating a corporate strategy: A case study of Länsförsäkringar. Available via https://stud.epsilon.slu.se/4453/1/Andersson_et_al_120703.pdf

Test your knowledge

Question 1

How is corporate parenting different from portfolio analysis? How is it alike? Is it a useful concept in a global industry?

Question 2

What are the tradeoffs between an internal and an external growth strategy? Which approach is best as an international entry strategy?

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Q4:Chapter 8. Strategy Formation: Functional Strategy and Strategic Choice

Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14^th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Recommended

Liao, H., Li, D., Zhou, T., Huang, B., Zhang, H., Chen, B., & Peng, S. (2021). The role of functional strategies in global plant distribution. Ecography, 44(4), 493–503. https://doi.org/10.1111/ecog.05476

Test your knowledge

Question 1

Are functional strategies interdependent, or can they be formulated independently of other functions?

Question 2

What is the relationship of policies to strategies?