If a firm is considering entering a country where well-established local competitors exist, and if the competitive advantage of the firm is based on the transfer of organizationally embedded competencies, skills, routines, and culture, what would be the preferable mode of entry?

Greenfield Venture

Explanation:

Based on the various entry strategies that a company can choose, as well as the specificity's of the situation it can be said that the best mode of entry would be Greenfield Venture. This is a market entry strategy in which a company or firm enters a new market in a new country from the bottom-up without help from other business that are already in that market (competitors).  This would be the best choice since there are already a lot of competitors in the market.

If you have any more questions feel free to ask away at .

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

hi there,

do u need ? ?

thx