International Business Strategy Case Study Example | Topics and Well Written Essays - 2250 words

outside(a) Business Strategy - Case Study ExampleIn addition, this business strategy accounting identifies the animate cultural and institutional differences between the domestic location of the conjure up company and the host location of the proposed European subsidiary. The identification of differences is followed by the evaluation and assessment of the existing differences that are likely to influence the operations of the parent company in the host location and hence affect the achievement of the primary objectives of India Motors. And accordingly the report provides recommendations and suggestions as how to deal with these differences. Lastly, the report provides suggestions for the adoption of basic organisational structures and the control strategies that will be in bring up the minimisation of institutional and cultural differences.According to Michael E. Porter, the prosperity of a nation is not inherited but created (Porter M.E., 1990). He emphasizes that the prosper ity and opulence of a country does not stem out of its national heritage or bequests or for that matter a nations labour resources, its currency value or the interest rates. nevertheless a nations rivalrousness and the conclusive prosperity depends on the capability of the nations industry to upgrade, innovate, create and rein its modified resources to the maximum (Porter M.E., 1990). Due to the rapid advancements made in technological and information spheres, the economic developments in the give-up the ghost few decades have witnessed a rapid increase in the global integration of economic activities worldwide. study countries and cities are being assimilated into the global network through the flow of technology, commodities, capital, information and labour (Dawson J.A. & Larke R., 2003). This development which is to a greater extent commonly referred to as globalisation has made industries and companies to look beyond its domestic horizons towards supranational destinatio ns and markets to upgrade, innovate, create and harness their limited resources to create a sustainable competitive advantage that will result in the boilersuit national prosperity. Companies, business firms and enterprises in every industry today, want to take advantage of this modern phenomenon of globalisation so as to increase and sustain their competitive advantage. Their search for new and more effective strategies to returns from this phenomenon has lead to companies resorting to global strategies, which in the economic terms is known as internationalisation strategy. Strategic alliances, international partnerships, Foreign Direct Investments (FDIs) making entries into the international markets are some examples of internationalisation strategies. The basis of these strategies is to gain competitive advantage over its competitors and the long term sustenance of the gained competitive advan