Under What Circumstances Is It Advantageous for a Company Competing

question 7

Essay

Under what circumstances is it advantageous for a company competing in foreign markets to disperse certain value chain activities across many countries?

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Definitions:

Principled Negotiation

A negotiation strategy that focuses on mutual interests rather than positions, aiming for outcomes that benefit all parties.

Objective Criteria

Objective criteria are unbiased standards used to measure or evaluate something.

Subjective Criteria

Standards or principles based on personal feelings, tastes, or opinions rather than objective measures.

BATNA

Stands for Best Alternative To a Negotiated Agreement, the course of action that will be taken by a party engaged in negotiation if the current negotiations fail and an agreement cannot be reached.