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Eternal Elements are your personal ubiquitous eMentoring concept podcasts on Leadership & Management. The Author, Niket Karajagi, is a Mechanical Engineer with, MBA in International Business...
Season 8: Setting up Foreign Operations Once we complete our evaluation of countries it is time to set up capacities and operations. Based o...
Season 8: Impact of Environmental & Legal Factors The Environmental & Legal factors are critical in setting up operations in a host country....
Season 8: Impact of Technological Factors The technological factor is critical in the 21st Century. It is one of the determinants of Lean an...
Season 8: Impact of Cultural Factors The cultural factor is critical for businesses to succeed in foreign markets. Culture shocks can be dev...
Season 8: Impact of Economic Factors The economic drivers of a country determine International Trade and Market Dynamics. Free Markets are a...
Season 8: Impact of Political Systems The political system of a country determines the doctrine of social behavior and change. In any Intern...
Season 8: Investing in Foreign Markets Economic Integrations lead to Static and Dynamic effects. This determines our access requirements int...
Season 8: Effects of Economic Integration Economic Integrations lead to Static and Dynamic effects. Static being trade diversion and dynamic...
Season 8: Economic Integration Types Economic Integration became the backbone of Regional Trade and Global Trade dynamics. Geographic proxim...
Season 8: Economic Integration WTO created the basis for trade-oriented collaboration. This idea led to the creation of Economic Integration...
Season 8: WTO Dispute Settlement Body WTO is member-driven and consensus-driven. It is a set of rules based on fundamental Principles. Howev...
Season 8: Principles of WTO WTO is member-driven and consensus-driven. It is a set of rules based on fundamental Principles. We study the Pr...
Season 8: From GATT to WTO With Intellectual property gaining speed with innovations and services becoming a new area of business, GATT fell...
Season 8: Advent of GATT While the World Bank & UN came into existence as International Organizations, the need was felt to create an Intern...
Season 8: The World Bank Group Post the Brettenwood Conference, we saw the International Monetary Fund's formation & the International...
Season 8: Bretton Woods Twins The end of World War II was a defining moment in the economic history of International Trade. It led to a deci...
Season 8: The Inter-War Period Between the two great wars, it was a period of economic turbulence and devastation and also technological adv...
Season 8: The Pre-World War I Era Colonization and Mercantilism were the norms. The economy and technology were on a high. Geo-Political sit...
Season 8: Factor Endowment Theory by Hecksher-Ohlin This is a Noble Prize winner theory. It comprises a 2X2X2 framework. Two countries, two...
Season 8: Theory of Comparative Advantage by David Ricardo When Nations have multiple absolute advantages they still trade in what they are...
Season 8: theory of Absolute Advantage by Adam Smith Adam Smith is undoubtedly the father of modern economics. This theory of free trade pro...
Season 8: Interventionist Theories of International Trade The invisible hand of the government determines Interventionist theories. They are...
Season 8: Theories of International Trade in IB International Business is based on economic theories. They are broadly categorized as Interv...
Season 8: International Business Schools of Thought Globalization and International Business have different schools of thought. Some say it...
Season 8: International Business Dynamics Globalization creates International Business. International Business is all about the trading of g...
Season 8: Advent of Globalization Globalization is here to stay. It is the interdependence of economic processes across Nations. Imports and...
Season 8: International Business Introduction We live in a global village. With technology penetration, International Business is the new no...
Season 7: Technology-Based Information Systems Strategy implementation requires tight control through data and information. Analytics are re...
Season 7: Strategy Control Methodologies Implementation of any strategy requires effective control through budgets and trend mapping through...
Season 7: Responsibility Centers Strategy and Management Control requires the organization to be coordinated through Responsibility Centers...
Season 7: Management Control System Once the strategy is formulated and actioned we need to ensure it is successful by limiting the variance...
Season 7: Objectives & Strategy Implementation Alongside the Grand Strategies post scanning of environment and assessment of choices & alter...
Season 7: BCG Matrix-Boston Consulting Group The Grand Strategy used by firms needs to be actioned. Determining which strategy to use finds...
Season 7: Consortia The Grand Strategy used by firms and syndicates to pool in resources for mega ventures. This strategy has proved useful,...
Season 7: Strategic Alliances The Grand Strategy used by firms to enter into strategic collaborations like licensing, franchising, and contr...
Season 7: Bankruptcy The Grand Strategy used by firms to enter into equity partnerships for mutual benefit by sharing operative control. Thi...
Season 7: Bankruptcy The Grand Strategy used by firms to declare a concern as non-ability to service debts in legal terms. This strategy has...
Season 7: Liquidation The Grand Strategy used by firms to sell a concern in troubled times with reducing profitability and markets for vario...
Season 7: Divestiture The Grand Strategy used by firms to sell a going concern with normal or peak profitability for various reasons discuss...
Season 7: Turnaround The Grand Strategy used by firms to emerge out of turbulent times using cost-cutting & asset reduction. This strategy i...
Season 7: Concentric Diversification The Grand Strategy used by firms to expand businesses leveraging on the core competencies of the first...
Season 7: Conglomerate Diversification The Grand Strategy used by firms to acquire brands in dissimilar production-market scenarios. This st...
Season 7: Vertical Acquisition The Grand Strategy used by firms to acquire critical alternate core competencies for backward and forward int...
Season 7: Horizontal Acquisition The Grand Strategy used by firms to acquire brands in similar production-market scenarios. This strategy ha...
Season 7: Innovation The Grand Strategy used by firms to introduce new products and disrupt the existing ones This strategy has proved usefu...
Season 7: Product Development The Grand Strategy used by firms for extending the Product Life Cycle. This strategy has proved useful to many...
Season 7: Market Development The Grand Strategy used by firms by making cosmetic changes to an existing product or distribution strategy. In...
Season 7: Concentrated Growth The Grand Strategy used by firms operating in a single product, single market & single technology. This strate...
Season 7: Grand Strategies The 15 grand strategies are master or business strategies used to achieve long-term sustainability goals as again...
Season 7: Generic Strategies The generic strategy is an idea as to how a firm would compete in the market. There are three specific generic...