Any person wishing to do International Business must be primarily a strategist, able to design exhaustive strategies adapted to each market.
In this subject, we will analyze the main concepts of Internationalization Strategies and success stories of different enterprises.
Introduction to internationalization of companies
Competitive strategy and international competitiveness
Michael Porter defined the “Five forces model” concept, involving the relationships between the competitors, suppliers and
Importers/exporters; the relational strengths can vary in each sector:
Threat of New Entrants (new entrants)
Threat of substitutes
Bargaining power of importers
Bargaining power of suppliers
Rivalry between existing competitors
Strategic audit process:
Resource Audit
Value Chain Analysis (the objective is to understand the activities through which a firm develops a competitive advantage)
Core Competence Analysis
Performance Analysis
Portfolio Analysis
SWOT (Strengths, Weaknesses, Opportunities, and Threats) Analysis