Why have franchises been so popular as a method of international expansion in the fast-food industry? Contrast this with high tech manufacturing where joint ventures and partnerships have been more popular. What accounts for the differences across industries?
Answer to relevant QuestionsWhat are the pros and cons of using expatriates, host-country nationals, and third-country nations to run overseas operations? If you were expanding your business, what approach would you use?Brainstorm a list of ideas for new business ventures. Where did the ideas come from? Which ones are most and least viable, and why?What is your level of personal interest in becoming an independent entrepreneur? Why did you rate yourself as you did?Based on the description of General Motors in this chapter, give some examples of differentiation in that organization. In other words, what specialized tasks have to be performed, and how is labor divided at General ...Brainstorm a list of methods for integrating interdependent work units. Discuss the activities that need to be undertaken and the pros and cons of each approach.
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