Discuss the pressures for local responsiveness and global standardization
Question # 00278278
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Updated on: 05/09/2016 08:31 AM Due on: 05/31/2016

These are the companies that we are focusing on: - Stanley Black & Decker - Estee Lauder Cos Here are the instructions: - Discuss the pressures for local responsiveness and global standardization faced by each firm. (This could be changes in consumer tastes, lack of global presence, etc.) - Which experiences the greater pull toward local responsiveness? (Identify at least three. Why? (Give an explanation based on your readings) - Which faces a greater need for global standardization? (Identify which organization) Why? (Give an explanation based on your research and support your argument with the reading materials from the week) Reading Materials: 1. DRS: Daniels, J. D., Radebaugh, L. H. & Sullivan, D. P. International business. (15th ed.) - Chap. 12, The strategy of international business, pp. 433-477: Focus on "Global integration versus local responsiveness," "Types of strategy," "The Multinational Enterprise of the Future: Forecasts and Scenarios" (pp. 461-476), and "Summary" pp. 476-477. - Chap. 14, Export and import, pp. 519-568. Focus on "SpinCent," "Problems and Pitfalls,""Importing and exporting: Resources and Assistance," Figure 14.5 p. 555, "The international transaction chain, and Table 14.6 , "An export planning framework," p. 556. The Alibaba case, pp. 560-563. - Chap. 15, Direct investment and collaborative strategies, pp. 570-599. Focus on "Melia Hotels International," "Types of Collaborative Arrangements," "Problems with Collaborative Arrangements," and "Managing International Collaborations," pp. 570-575, 585-598. 2. Sullivan, J. J. (2004). Chap. 9, "Developing a strategy and preparing country analysis reports," pp. 319-328, company strategy. Posted in eR. The discussion is as lengthy as you need it to be to bring out your points, but I would caution you that you want it detailed enough (answer the questions that are asked) for others to grasp what we are saying. With that being said, Please remember, it needs to be detailed. Pleaes use the above 2 as part of your references. Others may be used as well. |

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Solution: Discuss the pressures for local responsiveness and global standardization