Essays on Strategic Alliances

Business-Level and Corporate-Level Strategies for Coca-Cola Company

Business-Level and Corporate-Level Strategies for the Coca-Cola Company Introduction The Coca-Cola Company deals with beverage products and has more than 500 brands in over 200 countries. Even though the company's primary line of business is in sparkling beverages, the company has diversified in the recent past to produce still drinks such as water, juices, teas, coffees and energy drinks. Coca-Cola is known for its four non-alcoholic sparkling beverage brands, which are Coca-Cola, Diet Coke, Sprite, and Fanta. The company was founded in the U.S. in 1886 and has since grown to be the largest beverage company in the world. ...

Introduction

Accenture is a global consulting company providing services to large business corporations all over the world and, most successfully, in the highly competitive American market meaning that this company knows how to differentiate itself from the competitors. The priority consulting spheres are strategic planning, optimization of the business process, outsourcing, client relationship management (CRM), logistic and supply chain management, HR and IT implementation projects . This is the company I took practice as a student and, though, my experience of working in Accenture was not broad I realized that the company offers perfect career opportunities for the young specialists. I ...

The world nowadays is facing a wide range of rapidly changing tendencies, and the system of education, which is by far fundamental in the world's future and the future of individuals, needs to undergo certain changes so that to adapt to the modern requirements. Therefore I believe that the institutions of higher education should definitely seek for strategic alliances with other institutions, businesses, and the community in order to be closer to the job-market realities, the demands of the companies, and the needs of society. By doing this, the educational programs can ensure their relevancy and enhance their own ...

The Effects of Globalization on Strategic Management Planning

Nowadays, globalization is one of the inherent element of the 21st century and a great factor influencing many business strategies all over the world. According to Karl Heil, globalization “refers to growth of trade and investment, accompanied by the growth in international businesses, and the integration of economies around the world”. Richard Lynch claims that globalization within business framework is viewed in consideration with its two major characteristics: an increase of interdependency between different countries and it is multi-faceted quality with diverse business aspects (Lynch, 2014). As it is claimed that “the key to understanding the emerging world view ...

Introduction

Internalization is the process, as it relates to international strategic management, which requires transaction to occur within the confines of the corporate assets, rather than externalizing and interacting more heavily with the open market. This form of business interaction has certain advantages, abut can also pose serious disadvantages as the business works to move into new global markets. The following paper will work to determine to what extent internalization creates an atmosphere of global risks for companies in the middle of globalization. Currently, there is a shortage of research as it relates to the impact of internalization on business ...

Joint Ventures and Strategic Alliances

1. A joint venture is a type of partnership or strategic alliance between a few entities which engage in the same activity or project. The pool of knowledge and expertise that appears when two companies start a specific project offers a great deal of creativity and technology exchange. Also, it is important to point out that partnership that may seem similar to a joint venture is usually long-term, while the latter is established specifically for one particular purpose. The main advantage of joint ventures is in complementary abilities that the companies may use to benefit. It refers to finance, ...

BUSINESS MEGA TRENDS ANALYSIS IN RETAIL SECTOR

Business Mega Trends Analysis in Retail Sector When E- commerce was introduced as an option to conventional trading, little did the business experts know that it would grow into the most preferred business transactional process in a span of just ten years. Today technology, market forces, customer satisfaction and ease of transactions are the factors which determine the success rate of a business enterprise. These factors, also known as Mega trends are driving changes in the retail sector and unless retailers recognize and restructure themselves to build a competitive edge in the present international market, they may be heading ...

Business Strategy

Strategic Alliances: A Critical Analysis of Successful Alliances toward Knowledge Creation and Management Introduction Going beyond the current trends in the business literature on strategic alliances, this paper explores ways strategic alliances are helping organizational firms gain competitive edge, more particularly through opening the access to markets and eventually in the creation of knowledge. This is followed by analysis of issues surrounding strategic alliances, current business examples and challenges faced by organizations that form alliances. Finally, we conclude with a brief take on the future of strategic partnership and knowledge creation research.

The Meaning of Strategic Alliance

Since becoming a trend three decades ago, ...

#1. The Challenge – Future is shaped by non-linear changes and chance events? How can you prepare your organization for an uncertain future? (Answer for Tata Consultancy Svcs). Yes, it is unequivocally true that the future is indeed shaped by non-linear changes. These changes sometimes cause events which appear as chance events, but an organization can prepare for an uncertain future in several ways. Tata Consultancy Services (TCS) can continue to prepare its organization for an uncertain future first of all, by remaining sensitive to the shifts in economic, demographic business needs, and environmental forces (Govindarajan). The classic example of ...

Business Strategy

Strategic Alliances: A Critical Analysis of Successful Alliances toward Knowledge Creation and Management Introduction In today’s business landscape, creating sustainable value for customers and shareholders requires the initiation of an alliance strategy. Strategic alliances are alternative modes of global business operations that small to large enterprises are considering in order to achieve stronger and more effective market presence. Moreover, alliances are a fact of life for business, which needs to align present and future strategy to current radical technological and structural changes, globalization, and increased competitive pressures (Janczak, 2008). Meanwhile, the issues of trust, partner selection, and the ...

Introduction

For any airline industry to succeed in the US, a good business strategy is essential. When choosing business strategies, the industry should ensure that the success of the business-level strategies is promoted. The US Airline Industry can achieve this by meeting the following critical requirements: horizontal integration, vertical integration, building cooperative relationships, engaging in competitive bidding and short term contracts and being part of strategic alliances and long term contracts. Apart from a good business strategy, excellent management tools and effective leadership also play a crucial role when it comes to success in this industry.

Question 2: Identify Critical Requirements for a Strategic and Competitive US Airline Industry and Global Advantages to the organization

Horizontal Integration/consolidation is one ...

Introduction

Business restructuring refers to the process of reorganizing or reshuffling the ownership, management, the operational, legal, administrative, technical, and financial structure of a company. The restructuring may stem from the need to enhance the profitability, competitiveness, and placement of the organization in a particular industry. Restructuring usually takes place before the sale, merger, and acquisition of the business but there are several other motives of restructuring. Competitive advantage and financial gains are the two most prominent causes of restructuring apart from mergers and acquisitions. Organizations have to plan in the context of restructuring and devise a grand strategic plan ...

Founded in 2003 by Marc Tarpenning, Martin Eberhard, and Elon Musk, Tesla Motors Inc. is an automotive firm that develops Electric Vehicles (EVs). According to Holmberg (2008), as part of its global strategy for growth, Tesla sought three strategic alliances with other auto manufacturers namely: Supplier, Research and development (R&D), and Original Equipment Manufacturer (OEM) alliances. The alliance with Lotus, a United Kingdom company would guarantee the supply of unique chassis for the EV (Cheong, Song and Hu 1-10). Panasonic Company from Japan supplied battery cells whereas Borg Warner in the United States supplied single-speed gearbox. For research and ...

Introduction

The present report delves into the expansion of Hind Al Oud Company into Bahrain, which is the only GCC countries in which the company does not operate. In particular, the report examines the suitability of Bahrain for Hind Al Oud Company’s expansion. The factors that make Bahrain a suitable marker for the company expansion are political stability, free market system, low inflation, positive economic growth and strong financial services regulation, positive industry growth, low level of centralized control required, lack of trade barriers, low transportation costs, unique business core competencies, low rate of expansion needed, high level of ...

Ethics and Governance

The concepts of ethics and corporate governance are unceasingly becoming importance in the modern day organizations as they play a great role in addressing key issues. In that respect, the two concepts take varying approaches and their application varies among firms (Elms et al., 2010). Regarding the ethics issue, it relates to the norms and morality of a given community and what is right or wrong draws from those norms and morality values. In the modern world, the issues of ethics have been popularized given the increased cases of organizations that have been judged on the ethical basis (Cannon, ...

BUSINESS ORGANIZATIONS IN A GLOBAL CONTEXT

Business Organizations in a Global Context Increasing Competition in business has induced industries to expand their operations globally. Liberalization of laws related to foreign direct investments in developing countries has further facilitated transferring of business operations across boundaries. However, shifting of business operations to other countries needs an in depth knowledge about their cultural, social, economic, political and legal dimensions for conducting business functions smoothly. Firms contemplating globalization of their activities often hire business consultants to advice them about the business environment of other countries for easy transitions. The case discussed in this paper concerns the operations of a ...

Turkey is an exciting destination for multinational enterprises that seek to expand business to new a global marketplace. What make it more attractive are its economic and structural reforms initiated after it experienced financial meltdown in 2001 (Yaprak 29). Besides the country has a stable political environment, which creates robust traction for foreign direct investments particularly after it went through a hiatus for over 18years. Additionally, it has comparative advantages invigorated by its geographical location and its membership in the European Union. The custom union enables Turkey to allow globalized companies operating in it to circulate produced products within ...

Introduction

The present report delves into the expansion of Carrefour, a leading multinational retailer in the world, into the United Kingdom retail market. The first part of the report describes both the micro and macro environmental factors, which this multinational retailer ought to take into consideration to reduce its risk of failure in the UK market. The second section explains how the UK government policies on mergers and acquisitions can have an impact on Carrefour’s growth strategies in the United Kingdom. The third part elucidates how Carrefour’s management can utilize Kurt Lewin change model of unfreezing, change, and ...

SWOT analysis refers to a method through which a company can determine their internal strengths and weaknesses. The company also gets the opportunity to discover their opportunities which they can exploit to ensure that the company prospers. They also discover the threats the company faces that can make it impossible for the company to achieve their set goals. The purpose of this write-up is to conduct a SWOT analysis for Samsung. The strengths, weaknesses, opportunities and threats that face the company will be analyzed and outlines. A conclusion on the way forward for the company will also be provided ...

Alliances commonly known as collaborations are mutual agreements between business entities to share resources and knowledge to expand their operations across borders. Following Globalization and liberalization of economic policies of many countries, accessibility of internal markets have become easier and all business conglomerates have taken the opportunity to gain entry into global markets and increase their business activities. The strategies formulated for entry into foreign markets varies from takeovers, collaborations, acquisition and mergers or setting up plants or retail outlets in other countries. Joint Ventures are preferred over independent establishments as expansion strategies as domestic partners are more familiar ...

Companies can access and market their products to different parts of the world due to advanced technologies, transportation, and communications systems. One great factor drawing them to worldwide market is the possibility of increased market size and growth opportunities presented by large customer base from different regions of the world (Cadogan, 2012; Twarowska & Kakol, 2013). Markets that generate high returns on investment for companies compared to domestic markets, especially countries with incentives and relying more on exports, can easily attract international firms. The search for economies of scale presented by a wider consumer base for companies can help a ...