Please respond to the post below with at least 250 words 2 in text citations and 2 references. The advent of global organizational networking has given

Please respond to the post below with at least 250 words 2 in text citations and 2 references.

The advent of global organizational networking has given rise to new forms of innovation, which play a crucial role in determining the survival and success of organizations. As a result of advanced globalization and growing global competition, the organizational landscape is undergoing significant changes. (Story et. al, 2015).The global value chain is a network of organizations that connect individuals in the global economy, centered around a specific commodity or product. (Armando et. al, 2016). External environmental factors influence firms’ decision-making process when it comes to global networking (Boso et. al, 2013). Establishing a strategic alliance is a highly efficient method for a business to enter a secondary market or evaluate a partnership with another business. Identifying the appropriate ally entails locating a company that not only shares a common mission and vision, but also aligns with the core values of the companies involved. (Leonard, 2018). One advantage of a strategic alliance is the potential to identify potential buyers for your product in different locations. However, a disadvantage of such an alliance is that products and services may not align well with different cultural contexts on a global level (Emma, 2018). 

Armando, E., Azevedo, A. C., Fischmann, A. A., & Pereira, C. C. (2016). Business strategy and upgrading in global value chains: a multiple case study in Information Technology firms ofBrazilianorigin. RAIRevistaDeAdministraçãoEInovação, 1339-47.doi:10.1016/j.rai.2016.01.002Boso, N., Story, V. M., Cadogan, J. W., Micevski, M., & Kadić-Maglajlić, S. (2013). Firm innovativeness and export performance: Environmental, networking, and structuralcontingencies. Journal of International Marketing, 21(4), 62-87.Emma, Linda. (2018, June 27). Pros & Cons of a Global Marketing Strategy. Small Business -Chron.com. Retrieved from  Kimberlee. (2018, June 29). Examples of Successful Strategic Alliances. SmallBusiness – Chron.com. Retrieved from  V. M., Boso, N., & Cadogan, J. W. (2015). The Form of Relationship between Firm-Level Product Innovativeness and New Product Performance in Developed and EmergingMarkets. Journal of Product Innovation Management, 32(1), 45-64.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Prepare a 7-page demand management plan, including a forecasting, inventory management, and scheduling analysis, as well as recommendations, for a

Prepare a 7-page demand management plan, including a forecasting, inventory management, and scheduling analysis, as well as recommendations, for a provided scenario or a business of your choice. Collapse AllIntroduction This portfolio work project, a demand management plan, will help you demonstrate competency in forecasting, inventory management, and scheduling. Scenario

CASE STUDY: PRICING AND DELIVERY AT KAR FOODS ASSIGNMENTINSTRUCTIONS OVERVIEWThis week there is a focus on managing demand to counter predictable

CASE STUDY: PRICING AND DELIVERY AT KAR FOODS ASSIGNMENTINSTRUCTIONS OVERVIEWThis week there is a focus on managing demand to counter predictable variability through priceand promotion. By using sales and operations planning to manage supply and demand together,overall profitability can be maximized. Collaboration can improve supply chain performance. Alack of coordination