HomeworkLib
Question

Given Twitter’s international scope and the different competitive and regulatory conditions in different national markets, what...

Given Twitter’s international scope and the different competitive and regulatory conditions in different national markets, what strategic approach should it use:

1) US-based strategic plan?

2) country-based strategic plan?

business   Operations-Management   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Considering the Twitter's international scope and worldwide reach it should use a country based strategic planning. The reason for this is that each and every national market behaves in its own way due to their unique cultural, legal and social aspects. This kind of strategy is sometimes called glocalization. It is the strategy that is followed when a product/service is marketed in the global market but is adjusted according to the local market and its needs. This is mainly done in order to make the product fit in a specific market. Even the organizational policies are adjusted in the same manner and the focus is kept on hiring local people as they can understand the local market in a better way.

Please do not forget to upvote the answer. Thanks :)

0 0
Add a comment
Know the answer?
Add Answer to:
Given Twitter’s international scope and the different competitive and regulatory conditions in different national markets, what...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • help please. Porter's Diamond of National Competitive Advantage Competitive Intensity in Focal Industry Factor Conditions NATIONAL...

    help please. Porter's Diamond of National Competitive Advantage Competitive Intensity in Focal Industry Factor Conditions NATIONAL COMPETITIVE ADVANTAGE Demand Conditions Related and Supporting Industries/ Complementors 1 Bonus Individual Assignment #1 Porter's National Advantage Model 1) Please pick ANY COUNTRY 2) Please use Porter's National Advantage Model to explain what industry should the country nurture and why • Typed with double space format and APA citations • Max: 3 pages • Worth 2 bonus points Due – Thursday, July 23 by...

  • Because there are country-to-country differences in buyer tastes, income levels, distribution channels, competitive conditions, and other...

    Because there are country-to-country differences in buyer tastes, income levels, distribution channels, competitive conditions, and other market-related factors that impact a company's strategy choices • a company must wisely and carefully tailor its strategy in each country to the market and competitive circumstances prevailing in each country where it elects to compete trying to pursue much the same competitive approach in each country is a big mistake. it is virtually impossible for a company to create a sizable profit sanctuary...

  • What are the conditions that support or detract from Bank OZK selective strategy? What approach should...

    What are the conditions that support or detract from Bank OZK selective strategy? What approach should Bank OZK utilize to implement their new strategy related to the problem/opportunity (Essentials of Strategic Management chapter 6)? Identify the offensive and defensive strategies Bank OZK should utilize in the implementation. What horizontal mergers, vertical integration and strategic alliance strategies will Bank OZK employ in the implementation? What are the opportunities and challenges associated with these strategies? How is Bank OZK strategy differ for...

  • The use of different national currencies creates a barrier to further growth in international business activity...

    The use of different national currencies creates a barrier to further growth in international business activity due to conversion costs and exchange-rate risk 1. What are the pros and cons, among companies and governments, of replacing national currencies with a global currency? 2. Who (in your opinion) would manage a global currency? 3. How would this be implemented throughout the world? 4. What would the currency be? Would it align with a specific country? 5. What are the risks associated...

  • Assume that capital markets are competitive and that the international Fisher hypothesis holds. The one-year interest...

    Assume that capital markets are competitive and that the international Fisher hypothesis holds. The one-year interest rate is approximately 2% in the USA and 6% in New Zealand. If the expected inflation rate is 5% in the USA, what is the expected inflation rate in New Zealand? b.  A firm wants to use an option to hedge 750,000 Euros in receivables. The premium paid is US$0.02/Euro and the exercise price is US1.4/Euro. If the option is exercised, what is the total...

  • Question 1: What are the critical ways strategy adaptation strategy are different from each other when...

    Question 1: What are the critical ways strategy adaptation strategy are different from each other when preparing of international business strategy, and which linked to company's performance? Give examples to support your answer. Part two Answer question 2 OR 3 (10 marks x 1) Question 2: Explain the different international staffing strategies. And suggest appropriate staffing strategy will be better to apply for foreign international companies working UAE, and explain why, support your answer with suitable examples. OR Question 3:...

  • 1. Think of some markets in which competitive conditions exist; then think of some in which noncompetitive conditions ex...

    1. Think of some markets in which competitive conditions exist; then think of some in which noncompetitive conditions exist. Are equilibrium prices established in both? Explain. 2. What are some examples of public goods that would not be produced unless governments decided to demand them?

  • Businesses A, B, C, and are plotted on a Strategic Group Map with goographic soape national,...

    Businesses A, B, C, and are plotted on a Strategic Group Map with goographic soape national, regional, local on the vertical ads and distribution level intensive selective, exclusive) on the horizontalis Business AB and C's products are intensively distributed while Business Ds are exclusively distributed Business A&D have national scope, Business and are local scope. Which is business does competitor? C Ос. А QUESTION 2 For what type of analysis do you define variables based on how well they define...

  • The need to understand the different consumer tastes in segmented regional markets and respond to different...

    The need to understand the different consumer tastes in segmented regional markets and respond to different national standards and regulations imposed by autonomous governments and agencies is termed: National responsiveness. Quality administration. Strategic quality. Global integration. 5 points Question 6 When comparing western and Asian management features, the western management style is rational, structured, directive, and doing while Asian is Individual, legal, confrontation, and analytic; Formal, fragmented, hierarchical, and competitive; Relationship-based, flexible, adaptive, and understanding; Short term, controlled, conflict, collaborative,...

  • 1. Define strategic planning. How is strategic planning different for international marketing than domestic marketing? 2....

    1. Define strategic planning. How is strategic planning different for international marketing than domestic marketing? 2. Discuss the benefits to an MNC of accepting the global market concept. Explain three points that define a global approach to international marketing. 3. Discuss the effect of shorter product life cycles on a company’s planning process. 4. What is the importance of collaborative relationships to competition?

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT