What is going on in the world? Find a current event (within last six months) that is relevant to one of the concepts covered in lecture. Please include a link to the article and thorough explanation of why it is relevant, what business concepts it is demonstrates, and the significance of the news. This is NOT a summary of the news; this is where you practice and demonstrate critical thinking (a key learning objective of the class). You only need to thoroughly and thoughtfully address one of the concepts covered in lecture per discussion board. The topics covered this week were:
Strategic Alliances
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- Strategic alliances
- equity and nonequity alliances.
- Risks of alliances
Mergers and Acquisitions
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- Acquisitions, takeovers, mergers, and acquisition strategy.
- Basic reasons that firms complete acquisitions.
- LBOS, downsizing, downscoping
International
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- Dominant international strategies: Global, multidomestic, transnational
- Basic contractual modes for entering international markets