Essay

3158 words - 13 pages

Regional Strategy
Final Exam
Professor Robles
Jin Won Jeong
Dec 12, 2014
1. Regional Strategy:
According to the readings for session #1, a very few multinationals are truly global.
a. What are the bases for the claim that most multinationals are regional?
The primary bases for the claim that most multinationals are regional are first the extraction of revenue by many “global” multinationals is confined to a region as opposed to the entire world, and second the similar market environment within certain region makes regionalization much more practical than globalization.
First, Revenue generation in terms of geographic location is limited to specific regions or area, ...view middle of the document...

Therefore, regionalization imposes less risk than globalization.
b. How would you determine whether a multinational is either global or regional?
To determine whether a multinational is a global or regional, it is crucial to look at the following framework: global market penetration progress.
The word, global, signifies that a product or service is offered all over the world by a multinational firm. However, based on such assumption above, there is no global multinational, probably except Coca Cola. There is no multinational that penetrated every single country in all continents. However, there are multinationals that are regional and semi-regional players. Again, as there is no standard for a global company, such as “A global firm is any firm that provides products and services in over 200 countries.”
Equally importantly, it is crucial to look at the revenue generation by specific regions. For instance, CJ Corporation, a conglomerates in food, logistics, trade and home shopping industries based in South Korea, claims to be a global company, but it only generates 30% of total revenue in foreign countries; more importantly, these foreign countries include Korea’s adjacent countries, including China and Japan; the market expansion by CJ Corporation is a demonstration of regionalization, not globalization.
Many firms are in the similar situation. These multinationals might claim to be a global player, but by looking at their global market penetration progress and percentage revenue generation (home country/region vs. foreign country/region), many firms would be filtered out.
c. If regional, are there any different types or levels of regionalization?
To determine the scope of a multinational’s market expansion status, categorizing different layers of regionalization could be helpful.
First, there is home region. A domestic firm operates domestically and expand its geographic footage into adjacent countries. Previously, a significant number of multinational firms started out as a multinational in home region first. However, due to the improving cost effectiveness in logistics, now multinationals are not confined to home region.
Second, there is foreign region. A domestic firm operates domestically and within its home region, then expand into a foreign region. For instance, Chipotle expanded into Western market and prepare for entering the Asian region. However, due to the rise in the information technology industry and logistics industry, it has become easier to detect demand globally and finding economic ways to transport them. Therefore, although it used to be common that a multination establishes market presence in its home region and expand, it is no longer the case. For instance, Samsung exported its consumer electronics to the United States before it did to China and therefore establishing a strong market presence in the United States than in China.
According to other cases, similar concepts are mentioned, such as...

Other assignments on Essay

Essay Writing

2124 words - 9 pages CMM 801: Journalism and Communication Theory Academic Essay Writing An essay is best approached as an intellectual argument that develops from the ideas, issues, theories, concepts, methodologies, etc., you have been taught within the module for which it is the final assessment. It is most important therefore – even as you begin and then progress through the module – that you are clear about the fundamental perspectives, values and

Essay Style

444 words - 2 pages Welcome to Writing Essays, the RLF’s online guide to everything you wanted to know but were afraid to ask about writing undergraduate essays. The guide is a toolbox of essay writing skills and resources that you can choose from to suit your particular needs. It combines descriptive and practical elements. That is, it tells you what things mean and what they are; and it uses examples to show you how they work. Writing Essays takes you

Critique Essay

1058 words - 5 pages The ineffectiveness of online writing courses DeJaneria W. Knight University of Maryland University Writing professor Kate Kiefer offers her debatable opinion on the usefulness of online learning in writing courses in the essay “Do Students Loose More Than They Gain in Online Writing Classes”. Her expertise are derived from views on all sides of the spectrums by teaching in hybrid settings, strictly online settings, and class room or face

Ethics Essay

919 words - 4 pages Ethics Essay Sharon Batts ETH/316 February 10, 2014 Professor Heller Ethics Essay Ethical growth is an important instrument needed in today’s society. Virtue, deontological, and utilitarianism theories have similarities and differences. Each theory relates to morals and ethics in precise ways, just as virtue, values, and morality have a precise relationship with one another. Virtue theory relates to ethics by identifying the character

Ethics Essay

716 words - 3 pages ETH/ 316 Ethics Essay Cha Xiong March 12, 2013 Ethics Essay Ethics played a very important role in our lives. While we were growing up, we have been taught on what is right and what is wrong. People from different parts of the world practice different cultures, religions, beliefs, and ethics. Everyone believes that his or her ethical practice is the only one that existed and others should follow. Most of the people still do not

Comperative Essay

792 words - 4 pages Jon Gjebrea WRIT 1010 / 50 April 25, 2012 Dr. Lydia Wazir Comperative essay Compare two countries In this essay I am going to concentrate on clear contrasts between Albania and Italy- one of the countries from central Europe. These countries have different population, food, area. However, one may find their natural environment similar- in both countries there are politics, seas, and other components. When you think about the two

Rogerian Essay

1699 words - 7 pages ENG 102 Cover Letter for Rogerian Essay March 25, 2013 DR. Hennessey, The purpose of this essay is to make my readers aware of the harm cigarettes can do to a person’s body. I also want to make my reader aware that without second hand smoke a person body can be healthier. Smokers should take inconsideration that not everyone wants to smell the smoke or suffer the consequences from second-hand smoke. What I have learned that

Sat Essay

1538 words - 7 pages Common SAT Essay Themes and Archetypes The makers of the SAT use several themes from which they draw essay questions. By knowing these themes ahead of time, you can prepare several preplanned examples to use for each theme. For example, take Thomas Edison. He used over 6000 filaments before finding one that worked in the electric light bulb. You could use this example for essays on adversity, success, history, and progress. The following is a

Reflective Essay

515 words - 3 pages could say that I have learned to read with a pen, which has drastically taken my writing to a new level because I am able to connect back with my initial insights marked on the page. Writing had always been one of my strengths, but it was challenging to take that initial step past the high school, five-paragraph essay form that constricted my ideas for so long. Moving past this form, however, has greatly opened my mind. My thoughts are now able

Assesment Essay

596 words - 3 pages Assessment Essay William Raspberry is from a small segregated town in Mississippi, he left this small town to take a job as a reporter. I do believe that his home town plays a big factor in how he feels about the black Americans being referred to as “black”. He has some really great points of view on the subject and how it affects the black children. There are certain images that come to mind when a person refers to a person as black. As I

Retorical Essay

1322 words - 6 pages an impact on her beliefs and the combination of the inequality gender issues that defined her life as a child. With the perspective of Stanton’s past, her writing is illustrated by the reader as representative. Personal anecdotes, contrast, and comparison, are techniques used by Stanton. Stanton enhances her ability to persuade the reader with a strong influential essay by using logic, emotion, and ethics. Stanton argues that all women

Similar Documents

Essay

300 words - 2 pages essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay essay

Essay

310 words - 2 pages Holy Family Cristo Rey Catholic High School Application Essay This program offers numerous benefits for college bound high school students. Such students have never experienced life on a college campus, nor have they been responsible for waking up on time and being prompt for classes. Neither have they experiences lecture setting in which more than a hundred students are listening to a single professor simultaneously. In their

Essay

748 words - 3 pages Assessment 1 The constant improvement of technology has changed people's lives greatly. This essay concentrates on the digital revolution and the digital divide in the world today. Many today's technology achievements and improvements of people's quality of life should owe to the digital revolution. Digital revolution, which is also named the third industrial revolution or the third technological revolution, means the innovation of computers

Essay 1153 Words

1153 words - 5 pages in the future is higher than the average company. In regards to the PEG ratio, Nike is over performing the industry by 0.03. Like mentioned earlier in the essay, Nike’s PEG ratio is fully valued, but in terms of investment, it is not attractive. Additionally, GARP investors will rarely buy growth stocks like Nike with PEG ratios greater than 1. Investment Opportunity Nike as a stock would be a safe investment to make. Personally, I would not buy