Wednesday, 15 October 2008

Sum-Up, Evaluation and Exam Distribution

Today was the last lecture of International Business: Int. Business strategy. In the class, teacher reviewed whole course, and hand out take-home exam.

He emphasized “International Strategy” and “Uppsala model”. It is difficult to define the difference between international strategy and domestic one. But, there are five differences: greater scale and scope, more alternative for configuration of value-added activities, greater difficulty to coordinating but it has competitive advantage, cultural and linguistic similarities or differences, national economic factors. It was interesting for me because we have to think non-economic value such as culture.

About “Uppsala model”, there are two point: Firm starts neighbor countries, incremental local learning.

Through the lecture, I learned fundamental view of strategy and skill to make it. I will use the knowledge in the exam.

By the way I misunderstood “hand out” and “hand in”…I have prepared exam…

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