INTERNATIONAL BUSINESS Archives - Page 2 of 4

Adam Smith David Ricardo J.S. Mill Micheal Porter Answer 4. Michael Porter Explanation Michael Porter. Michael Porter’s Diamond Model was first published in his 1990 book, The Competitive Advantage of Nations.

EPRG FRAMEWORK

October 6, 2021November 24, 2021 TORAN LAL VERMA

A firm having a presence in the global market has to decide the manner in which it will enter and operate there. Firms in the international market have a different orientation and operating strategy. The country in which a company has its headquarter is Home country and countries where it has subsidiaries are known as host countries. EPRG Framework helps Read More …

PORTER’S GENERIC STRATEGIES

September 10, 2018October 14, 2021 TORAN LAL VERMA

Micheal Porter’s Generic strategies state that Irrespective of Industry attractiveness, a firm in any industry may want to gain high market share and position itself higher than its competitors. This can be done mainly in two ways – Either by providing the product at a lower cost than its competitors or by offering a differentiated product Famous author Micheal Porter in Read More …

FOREIGN DIRECT INVESTMENT

August 21, 2017August 21, 2017 TORAN LAL VERMA

FOREIGN DIRECT INVESTMENT Foreign direct investment (FDI) is an investment made by a company or individual in one country in business interests in another country. Thus, if a foreign individual or institution invest in business interest in India, the investment will be known as FDI. It can be in the form of directly establishing a new business(greenfield investment) or in Read More …