Question: F Understand how and why do organizations go global - How = Global Sourcing / Exporting & Importing / Licensing and Franchising / Strategic Alliance
F Understand how and why do organizations go global How Global SourcingExporting & ImportingLicensing and FranchisingStrategic Alliance and Joint VentureForeign Subsidiary. Be able to explain how an organization would utilize these approaches with specific examples. Review Hofstede's dimensions Power DistanceIndividualism vs CollectivismMasculinity vs FemininityUncertainty AvoidanceLong vs Short TermIndulgence vs Restraint. Be able to explain these concepts and how they apply to a business scenario.
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