Woche 7
Opportunity Assessment
Opportunity Assessment
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Kartei Details
| Karten | 30 |
|---|---|
| Sprache | Deutsch |
| Kategorie | BWL |
| Stufe | Universität |
| Erstellt / Aktualisiert | 24.12.2023 / 10.01.2024 |
| Lizenzierung | Keine Angabe |
| Weblink |
https://card2brain.ch/box/20231224_woche_7
|
| Einbinden |
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The Motivation Check - Which are the 3 factores to consider before internationalize?
- Drivers: What forces us to internationalize?
- Benefits: What do we hope to gain by increased internationalization?
- Synergies: What additional benefits can be created?
- Drivers
- Pull (proactive, intrinsic) Drivers = Control (Inside organization)
- Push (reactive, extrinsic) Drivers = No Controll (outside organization)
Motivation Check - Name 6 Drivers:
- Political drivers
- Economical drivers
- Societal drivers
- Technological drivers
- Environmental drivers
- Legal drivers
Motivation Check - Benefits - What do firms hope to gain by internationalize
- Subsidiary Skills: Competence development & transfer from subsidiairy abroad to head office and in the global web
- Experience Effects: Learning effects (Economies of scope) and Economies of scale (semiconductors, pharmaceuticals)
- Location Economies: Value creation in a optimal location, and creating a global web
- Expanding the Market: Superior product without international competition / Unique competencies
Internationalization: Benefits
- Greater Flexibility
- Lower susceptibility to shocks
- Scale, scope and cost advatages
- Higher ROA and post-tax ROA
- Superior production and supply activities
- Higher market value
Internationalization: Costs
- Higher costs
- Reduced control
- Problems of joint control in Joint Ventures
- Long-run business impairments through behavior locally seen as unethical (Ex: UBS in USA & Germany)
- Costs of litiation (Rechtsstreit) (Ex: ABB, Sulzer MEdia/Centerpulse - now Zimmer)
What do companys hope to achieve by internationalization?
- Market Expansion
- Diversification
- Economies of Scale
- Increased Sales/Profitability
- Access to Resources
- Competitive Advantages
What are the risks of internationalizing?
- Cultural/Language Barrier
- Political and Regulatory Risks
- Economic Risks
- Supply Chain Disruptions
- Legal Risks
- Financial Risks
