StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Article Analysis for International Business Strategy: Reality Check at the Bottom of the Pyramid - Essay Example

Cite this document
Summary
The article “Reality Check at the Bottom of the Pyramid” tries to expound some essential strategies that are necessary or important for…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95.7% of users find it useful
Article Analysis for International Business Strategy: Reality Check at the Bottom of the Pyramid
Read Text Preview

Extract of sample "Article Analysis for International Business Strategy: Reality Check at the Bottom of the Pyramid"

Download file to see previous pages

In addition the aspects of the article that could not be used for evaluation are also identified, and the personal evaluation of the usefulness and limitations of the material is made to engage the class further in discussing the material. The potential use of a business model is a significant consideration or suggestion in the article, because it states how far a firm can go international with its use. Furthermore, it seems that the article tries to imply that the right use of a business model is a potential issue for the assessment of a firm’s move to go in the international market.

In particular, the mentioned of the business model, like “low price, low margin, high volume” to generate decent profits is confined further in these issues: price, cost, volume, customer’s spending pattern or capacity, and value for customers. These are potential issues that at some point can help the evaluation of some aspect of an International firm’s move into a foreign market. For example, it was implied in the article that with higher price, it was assumed that a market with poor customers will not be able to guarantee higher return or decent profit on the part of the firm, because of the people’s inability to spend.

Costing at some point will have to affect the actual price of the products. Thus, it is always essential to consider the scale in order to ensure low prices for customers. This is a remarkable suggestion in the article and aside from that a firm must also be able to evaluate the actual capacity or capability of the customers to spend including the pattern of their spending too. For this reason, customer’s spending is an essential issue that must be fully integrated in the firm’s engagement in the international market.

Aside from this, the value for customers is another essential consideration. For this reason, ensuring the value for customers is a relevant task for a firm that is trying to go international and it must

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Article Analysis for International Business Strategy: Reality Check at Essay”, n.d.)
Article Analysis for International Business Strategy: Reality Check at Essay. Retrieved from https://studentshare.org/miscellaneous/1625620-article-analysis-for-international-business-strategy-reality-check-at-the-bottom-of-the-pyramid
(Article Analysis for International Business Strategy: Reality Check at Essay)
Article Analysis for International Business Strategy: Reality Check at Essay. https://studentshare.org/miscellaneous/1625620-article-analysis-for-international-business-strategy-reality-check-at-the-bottom-of-the-pyramid.
“Article Analysis for International Business Strategy: Reality Check at Essay”, n.d. https://studentshare.org/miscellaneous/1625620-article-analysis-for-international-business-strategy-reality-check-at-the-bottom-of-the-pyramid.
  • Cited: 0 times

CHECK THESE SAMPLES OF Article Analysis for International Business Strategy: Reality Check at the Bottom of the Pyramid

Corporate Strategy on Corporate Social Responsibility

The writer of this essay suggests that corporate strategy on corporate social responsibility has changed to viewing corporate social responsibility as less of a moral compass, diluting its implications towards taking the business forward in the reality of difficult financial circumstances.... In other words, corporate strategy on corporate social responsibility has changed to viewing corporate social responsibility as less of a moral compass, diluting its implications towards taking the business forward in the reality of difficult financial circumstances....
1 Pages (250 words) Article

Strategy for Organizational Success and Profitability by Hamel and Prahalad

Prahalad and Hamel in their article, The Core Competence of the Corporation, came up with a good strategy for organizational success and profitability.... They developed the term Core Competencies which means collective learning and coordination of skills that help as a strategy in producing quality services and products.... K Prahalad and Gary Hamel is critical in the wellbeing of any business enterprise or corporation.... A core competency can be described as 'a specific factor that, through the business' point of view, is centrally responsible for the way the business and by extension, its employees perform their duties....
8 Pages (2000 words) Article

Operations Strategy by Donald Waters

In the paper “Operations strategy by Donald Waters," the author focuses on the operation strategy of a service company, which describes the policy of that company's services that how these services are being provided.... hellip; The author states that a service providing company, Ikea for example, designs its operations strategy more carefully as reputation comes first for any service providing company.... It is Toyota's Operations strategy how it deals with the miniaturization and production of these all components....
4 Pages (1000 words) Article

Strategic Management and Business Policy

This paper "Strategic Management and Business Policy" focuses on the fact that strategy development has a great impact on the company's performance and competitive position of the market.... By anticipating changes and treating them as opportunities, it often leads to a redesign of marketing strategy, to development of longer-range perspectives, and to the cultivation of a viewpoint of what can be done to adjust the corporate effort.... As modern companies become larger, then business systems grow more complex, management teams expand....
3 Pages (750 words) Article

The Goal of Advancing in the Emerging Markets

Segmenting the Base of the pyramid” by Rangan & Petkoski A Summary The article s that during times of economic recessions such as now, thereis a need to incorporate value into businesses' goods and services, particularly for those targeted at the mass base of the economic pyramid.... (2011, June) “Segmenting the Base of the pyramid,” Harvard Business Review, 89(6):113-117... The article states that during times of economic recessions such as now, there is a need to incorporate value into businesses' goods and services, particularly for those targeted at the mass base of the economic pyramid....
1 Pages (250 words) Article

Strategic Planning

The management needs to come up with an effective strategy that will not only consider cutting the costs but also increase or maintain its productivity.... Peter and Donnelly (2006) assert that a well drafted strategy leads the management in its actions and decisions (p.... Management should acquire adequate information and knowledge and undertake a thorough analysis of the business environment before making any critical business decisions (p....
1 Pages (250 words) Article

Chick-Fil-A and LGBT Issues

The CEO said that he did not support same sex marriages and condemned gay relationships.... These remarks were not taken lightly by the gay rights groups, and one artist responded by vandalizing… The remarks by the CEO of Chick-Fil-A sparked many reactions from the public and especially, the LGBT activists....
2 Pages (500 words) Article

The Hybrid Competitive Strategy

The aim of the paper “The Hybrid Competitive strategy” is to analyze Lighthouse, a mobile phone marketing company that seeks to address the needs of advertisers seeking to increase their response rates in the ever more lucrative yet increasingly more competitive task of customer acquisition.... The analyses highlighted that the hybrid competitive strategy was the most appropriate strategy to follow, and recommendations were made to work closely with other key players in the industry if it was to become a dominant force....
9 Pages (2250 words) Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us