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Chapter Outline
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The Strategy of International Business

Opening Case
MTV Networks


Introduction

Strategy and the Firm
Value Creation
Strategic Positioning
Operations: The Firm as a Value Chain
Global Expansion, Profitability, and Profit Growth
Expanding the Market: Leveraging Products and Competencies
Location Economies
Experience Effects
Leveraging Subsidiary Skills
Global Expansion Issues—A Summary
Cost Pressures and Pressures for Local Responsiveness
Pressures for Cost Reductions
Pressures for Local Responsiveness
Choosing a Strategy
Global Standardization Strategy
Localization Strategy

Management Focus
Vodaphone in Japan
Transnational Strategy
Management Focus
Evolution of Strategy at Procter & Gamble
International Strategy
The Evolution of Strategy
Chapter Summary

Critical Thinking and Discussion Questions

Research Task

Closing Case
Wal-Mart's Global Expansion

Appendix
Profitability, Growth, and Valuation







Hill: International Bus 7eOnline Learning Center

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