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    Adobe Scan 30 Dec 2023

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    samymadhe
    The document discusses various modes of entering foreign markets including exporting, licensing, franchising, contract manufacturing, management contracts, turnkey projects, wholly owned manufacturing facilities, and assembly operations. It then briefly describes joint ventures, third country locations, mergers and acquisitions, and essential conditions for successful globalization such as reduction of import duties, encouragement of foreign investment, economic liberalization, structural reforms, government support, access to key business resources, competitive advantages, and global orientation.

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    Adobe Scan 30 Dec 2023

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    14 views6 pages
    The document discusses various modes of entering foreign markets including exporting, licensing, franchising, contract manufacturing, management contracts, turnkey projects, wholly owned manufacturing facilities, and assembly operations. It then briefly describes joint ventures, third country locations, mergers and acquisitions, and essential conditions for successful globalization such as reduction of import duties, encouragement of foreign investment, economic liberalization, structural reforms, government support, access to key business resources, competitive advantages, and global orientation.

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    The document discusses various modes of entering foreign markets including exporting, licensing, franchising, contract manufacturing, management contracts, turnkey projects, wholly owned manufacturing facilities, and assembly operations. It then briefly describes joint ventures, third country locations, mergers and acquisitions, and essential conditions for successful globalization such as reduction of import duties, encouragement of foreign investment, economic liberalization, structural reforms, government support, access to key business resources, competitive advantages, and global orientation.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    14 views6 pages

    Adobe Scan 30 Dec 2023

    Uploaded by

    samymadhe
    The document discusses various modes of entering foreign markets including exporting, licensing, franchising, contract manufacturing, management contracts, turnkey projects, wholly owned manufacturing facilities, and assembly operations. It then briefly describes joint ventures, third country locations, mergers and acquisitions, and essential conditions for successful globalization such as reduction of import duties, encouragement of foreign investment, economic liberalization, structural reforms, government support, access to key business resources, competitive advantages, and global orientation.

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    © All Rights Reserved
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    of 6

    LExporthg

    Exportng, the for the most part tradtional mode ch enterhg.


    the forefon marktt is Qute 0 common one cven nDIo

    ensing gnd franchising!


    under interngtiongl licensing_,o fitn in ant
    on.
    COuntny Cthe licensor) permis ofitm in anather country Cthe license) to use
    ts intellechual properiy (such os patents,trademarks ,mpyrights
    technology ond technial know-how, marketing Skill or somt othcr spectik
    Skill

    G) controct manufocturint
    A Company doing interngtiongl morkethg.
    foreon countes_ to manufocture or as5emble
    Controcs DIth flims in
    tetaining_ the esponsibilitits of marktting product
    the praducs Nhle
    NOnagernent controtiog:
    brings togcther .apockaQe ofInskisamanogement controct the suppltr
    hot wiâll provide an
    Servict to the client wihout
    incutring the risk ond benefitintegoted
    OWNer
    Hirm s
    ship The
    artongment
    of
    is Bspecially attraciivcly i the controching
    giYen an ophion to purchase Some shares in the managed
    Company ithin a sBated period
    Tunkey motactst
    A. timkey operatlons is an agretment by the seler to
    Supply o buyet with o faaiy fuly eguipptd and ready to be. operoted by the
    buycr s petsannel ,Nho HÌIL be. tained by the Seller. Tumkey catracds are
    Common n nternatbna business În the supply,erection and
    Dmmissionhg of plonts, 0s in the asc of al Teihetes ,steel mlis,Cement
    and feier plonts eBc

    Aholly Duned mgoufacturing, facitis


    componfes WIth long term
    SUbstantiol interest în the forein market normaly estoblsh fully ouned
    manufachurng foailties there This. meBhad demands sufficent finonco! ond
    managerial resources on the pat of the ompany

    iDAs5embly operoHons:
    AMonufacurer uho wonts many of the odyontages.
    thot are associaBed
    with aYeISeOs manufachuring facilihies ond yet do©.
    not. want to go Hhot far may Fnd i desirgble to establish overseos
    OSSermbly taclihies in selected markets

    Aps_ form of OsS0cíation hlhich impliès caltaborntíon


    for mar than o transitony period i8 a ioint yenture Typts_of_oint
    Ventures Types of iaint overscos operahlons art:

    sharnq of ourership ond management in an enteror!.


    Atensing /fronchising ggretments
    Cortract monufacBuniog
    Monogement countrits

    Third ountryIooton:
    When there grtno commerciol transochions
    betuen tuwO natíons becouse_ of paltal reosons 0r lhen direct
    tronsachions betueen twnnations art diencult due to politinl reos
    or the likt,a fitmin ont of these nations which want toente
    other marktt will hove to operatt from third counts bose

    |Memers and gcquiston


    Mergers and Rcquisition (nCa) have becn a
    Very daeunent important morktt entry stroteqy os well os erpansitn
    Stoteqy- ANumber of indiùn ompanies_havt alsoLused tntrs_Stateqy:

    5 FSSentials onditions for sucresful globalisation?

    Ans: To tock the objèctive of globalisation measures hove been taken ore.:
    e (A) Reduction 0f import dutites (e) Encournqement of foreign investment an
    OEncoungement to forei¡n ttchnolbqy ngrtment

    0EConomic liberalization:
    There hos_to be business freedom thot
    ther should not be QYalable qovenment resttichions like Import
    on Souraing finance ot 0ther factors from abrood
    trstritionsrstrictions
    fortiFn investments cc
    n0stuctural Eoclmtest
    globally from domiale. countr
    The degre to which an enterprist Con devtlop
    Hhe infrastruclural focilities base depends on the facilitíes ovailabie like

    AGovernment Support
    Government SupDort moy toke He shape of polioy
    and procedural reforns5, devcloprnent of
    common. fociities like infrastruchural
    iacilHies Restarch Ond develonment SunDOrt, ond fnoncial support and 30.

    )key business ResourCes. t


    Resourceful companies may find it ensier
    fihance,technolog/ RaD.
    push aheod in the global markct Resourcts indude
    Imoge.
    develepment copabilies.monogeral enrHßt company. and brand
    humon resourte thc

    0 competitiveadvantages advantage fromonyane


    Afim deriveS Compehitivet
    foctors such 0s louw Costs ond prte, poduct quality
    Or more of the
    ofer sales strvíczs.,
    Superiorty
    |product dterentiaton, technolagial
    marhtting stength ebr

    Mi)Gobal onientation
    orentaton on the partof the business
    Aglobal qlabalisaBlon.
    strattgies are essentiol for
    fifms and Suitabic globalization
    6Feotures of MNCS 2

    A.corpotaBion Ahich has its honme in Gnt


    MNCS con be defined o6.
    Gns
    under the rules ond requlations o oBher
    COunin but cperates .and Ies
    features of MNCS Qre 0s foliQLS:

    The MNC$ cre huge comonits or orporotions which have


    NGrius producis on a huae soole j has âs business Sortad over ia
    diiferent aOuntrits theu opero!e in yarious countries ond also
    the morhet in which theu dominate.
    operate
    ) porninating Ecoromy3 ->

    The MNCS dominat the world economy. they


    being huge in size and ueil equipped ,dominaie the market thty also
    expand the world trade bs operating on 0 9lobal level:

    G)Quaty ConscioUSness :
    Lorqe MNCs art Qualits consclous thes ore Yehy.
    much concerned uith the quality_ of the goods that hey_produre- They.
    also_hove_TS0- 9000 Cerkhiote which shouws their quality: there management
    olso uorks on principle
    of Total @ualíky Manogenent
    Proft concened :
    These companies are cohcerned with earnings huge
    Preches profits- they do their busines octivtíes eMiciently. thes wish
    to seil thei qoods Qt a Qood príe S0 that thes con earn o
    fai Sum
    of money- They also_ undertake rapid epansion of actitíes nthe
    |deyeloping_ COuntrits.

    IModernized and well equippedi


    The MNC3 art well equipper
    and haye modern techngloqy withShilled worth
    force- Thes_produce
    qoads efecively. Thishelps them to produce beter quality gods
    quickly and hus eorn huqt profits
    Nanagement s

    Iheit managernent is also based on managing +he.


    Company on modern bosis -They usually octs as a parent company and Tne
    Subsidiors compans operaies under the control and quidance. Subs1diany
    Companies act as per the ditectons given bs these paretMNC companies.

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