Global project
I have attached last assignment you wrote. I think this one needs to connect to the first one.
First, read the following case:
U.S. Tariffs on Tire Imports from China
Then using some of the resources provided in this section you are asked to think as global managers in the same industry and review the questions at the end of the case. Prepare an internal memorandum to the CEO which overviews the issue and explains the talking points raised from the questions.
Please note your reply must be comprehensive. This denotes that all work must include proper citations and bibliography. All reference works must be scholarly, therefore, it is suggested to use the available links in the electronic library to aid your efforts.
Examples of Suggested Resources
- Tarun Khanna and Krishna G. Palepu, “Emerging Giants: Building World-Class Competitors in Developing Countries,” Harvard Business Review, October 2006.
- Antonie van Agtmael, “The Emerging Market Century: How a New Breed of World-Class Companies Is Overtaking the World,” Free Press, 2007. Boston Consulting Group, “The 2008 BCG 100 New Global Challengers: How Top Companies From Rapidly Developing Economies Are Changing The World,” January 2008.
- Nirmalya Kumar, “Strategies To Fight Low Cost Rivals,” Harvard Business Review, December 2006.
- Rosabeth Moss Kanter, “Transforming Giants,” Harvard Business Review, January 2008. A classic restatement of the factors that enable multinationals to stay agile.
- Susan Berger, “How We Compete: What Companies Around The World Are Doing To Make It In Today’s Global Economy,” Doubleday, 2005.
- Michael Porter, “How competitive forces shape strategy,” Harvard Business Review, 1979, Volume 57, number 2, pages 137-145. The classic statement of the Five Forces framework. Still worth a read (and re-read).
- Michael Porter, “What is strategy?” Harvard Business Review, November-December 1996, pages 61-78. A defense of the Five Forces framework at a time when the “benchmarking” and “core competences” were all the rage.
- Michael Porter, “The Five Competitive Forces That Shape Strategy,” Harvard Business Review, January 2008.
Answer preview
Global trade is at its highest in the history of the world. This trade is facilitated by good connections between governments and also the growth of companies that can serve the whole world. The global business has also led to competition between countries on the issue of what they buy from each other and what they trade among themselves. Some states have proven to provide circumstances where global products are produced cheaply and sold to other countries (Rugman & Verbeke, 2017). Tariffs are put in place by countries to regulate such practices and protect local production, and they play a crucial role in affecting business…
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