International business Essay

1.Which four archetypes does Verbeke distinguish? Draw the personas associated with these archetypes. Centralized exporter foreign projector International coordinator Multi-centered MNE2.Is there one best model? Why or why not?No, there is no best model, because using which model is depends on legion country and FSAs. 3.Do you consider a centralized exporter a true multinational? Yes, it has operation in more than one country.4.What does it mean that the FSA is embodied in the fruit in case of an international exporter? Exporters develop products on the basis of a favorable syndicate country environment, including local clustering, and make the exporting firm undefeated in international markets 5.Does the firm develop FSAs in the host country in case of the international projector?No, they just transfer the FSAs they developed in the home country, clone their operation 6.Why is the international coordinator an example of a global value chain? Because for international coordinat ors, International operations ar specialized in peculiar(prenominal) value-added activities and form vertical value chains across borders.The key FSAs ar in expeditiously linking these geographically dispersed operations through seamless logistics. 7.Why is a multi-centered MNE characterized by maximum local responsiveness? Because multi-centered MNEs recognize that operating in each host country need to build distinct location-bounded FSAs. 8.The FSA is also shut in in terms of core competences. That is the FSA is strongly related to the core competences of a firm. What key characteristics does Verbeke list for these core competences? Difficult to imitateBroadly used in variety marketsMake a contribution to customer needsLarge effect on firms present and future performance if lack this competence 9.What critique does Verbeke have on the concept of core competences? Overestimate the role of strategic management, underestimate the role of host country location factors. 10.What are the five forces that Porter distinguishes? Explain these in your own words Factor conditions resources,including natural resources, knowledge, labor, infrastructure etc.Demand conditions market size and domestic emptor sophistication Related & supporting industries high quality suppliers, being critical in related industries Firm strategy, structure and rivalry highly competitive, home-based industry with efficient macro-level governance and several domestic rivals Government and chance well-functioning but not corrupt government 11.How does Porters model fit in figure 1.2? Where does it belong? It belongs to home country location advantages12.What is the big problem of Porters model when applied in the context of International Business? FSAs are totally domestically determined.