D081 QBM2 Task 1 Market Entry Strategy for India | Accurate & Verified Answers to
Pass Actual Exam
D081- QBM2 Task 1 Market Entry Overview
Precious Iwezor
August 5, 2023
A1. The Competing Values Framework can be used to pursue its vision and
objectives in a manner tailored to its specific industry. The framework
encompasses four culture types: market culture (compete), adhocracy culture
(create), hierarchy culture (control), and clan culture (collaborate). Within the case
study, the company spotlights innovation through collaboration, aligning well with
the clan culture, which emphasizes collective efforts.
Clan cultures are known for their adaptability, making them adept at embracing
new concepts and adjusting to the demands of different markets. In this instance,
the company is expanding its operations to India, and the collaborative focus of its
clan culture plays a crucial role in devising an effective market entry strategy. By
involving all members, including recently onboarded Indian workers from the local
community, in the decision-making process, the company gains essential insights
into the region's specific needs. This inclusive approach results in valuable product
suggestions, contributing to the success of their market entry in India.
A2.
The US company in the case study adopts a decentralized organizational structure,
wherein lower-level employees are empowered to participate in company decisions
individually. This approach fosters innovation and leadership within the industry,
as each employee takes ownership of examining and resolving the issues they
encounter, prioritizing the most critical problems.
Involving multiple minds through this decentralized structure makes it easier to
offer sustainable customer-driven solutions. Furthermore, companies that value,
listen to, and challenge their employees typically experience higher levels of
employee dedication and loyalty. The employees' loyalty contributes to the overall
success of the company. Therefore, the advantage of the organizational structure
utilized by the US company in the case study lies in its ability to effectively uphold
core values and foster innovation through the active sharing and appreciation of
ideas and contributions from each member.
A3.
, The organization/company internal governing strategy is a highly
collaborative effort in which a range of inputs are considered which includes
the company founders, internal employee’s business experts and more. The
company/business appreciates each of these differing viewpoints and
considers them when making decisions. All suggestions/contributions may
be considered in this remarkable joint effort, and decisions are considered
immensely as they affect everyone equally.
The decentralized and flat organizational structure of the company affects
the decision making as it enables the founders to be always present to
employees for a collaborative cooperation as well as relationship building. In
this organization, high level executives are not the only ones whose ideas
and opinions are weighed when making decisions; every employee idea is
also taken into consideration, and every decision and the impact of the
decision have an equal impact on everyone. This can be an advantage for the
American fishing boat maker as it supports the consideration of a wide range
of distinctive viewpoints and fresh ideas from employees and founders with
different backgrounds and experiences when making key business decisions.
The U.S company in the case study per the mission statement, “We will
provide the most innovative customer-driven design and growth in the
industry” (Western Governors University, n.d.). The company’s vision
statement, articulating the mission, maintains that “We will be the most
sustainable company in the industry” (Western Governors University, n.d.).
The company’s vision and mission statement can be regarded as the second
step in the decision-making video, as well as step two in establishing
realistic goals. The company’s vision and mission statement provide the
company something tangible to strive for, and the contentment of the
company’s mission and vision statement are backed up by the fact that the
company established laboratories where customers can be able to use the
company’s resources and products as well as provide insights into their
experience with the products. The company’s principles are based on
sustainability, innovation, and customer driven needs.
B1. The first attribute of the developing Indian market that impacted the
company’s product is the crucial need for sustainable products seeing that India’s
primary industry is the fishing industry, gratitude to the country’s many coasts. The
Pass Actual Exam
D081- QBM2 Task 1 Market Entry Overview
Precious Iwezor
August 5, 2023
A1. The Competing Values Framework can be used to pursue its vision and
objectives in a manner tailored to its specific industry. The framework
encompasses four culture types: market culture (compete), adhocracy culture
(create), hierarchy culture (control), and clan culture (collaborate). Within the case
study, the company spotlights innovation through collaboration, aligning well with
the clan culture, which emphasizes collective efforts.
Clan cultures are known for their adaptability, making them adept at embracing
new concepts and adjusting to the demands of different markets. In this instance,
the company is expanding its operations to India, and the collaborative focus of its
clan culture plays a crucial role in devising an effective market entry strategy. By
involving all members, including recently onboarded Indian workers from the local
community, in the decision-making process, the company gains essential insights
into the region's specific needs. This inclusive approach results in valuable product
suggestions, contributing to the success of their market entry in India.
A2.
The US company in the case study adopts a decentralized organizational structure,
wherein lower-level employees are empowered to participate in company decisions
individually. This approach fosters innovation and leadership within the industry,
as each employee takes ownership of examining and resolving the issues they
encounter, prioritizing the most critical problems.
Involving multiple minds through this decentralized structure makes it easier to
offer sustainable customer-driven solutions. Furthermore, companies that value,
listen to, and challenge their employees typically experience higher levels of
employee dedication and loyalty. The employees' loyalty contributes to the overall
success of the company. Therefore, the advantage of the organizational structure
utilized by the US company in the case study lies in its ability to effectively uphold
core values and foster innovation through the active sharing and appreciation of
ideas and contributions from each member.
A3.
, The organization/company internal governing strategy is a highly
collaborative effort in which a range of inputs are considered which includes
the company founders, internal employee’s business experts and more. The
company/business appreciates each of these differing viewpoints and
considers them when making decisions. All suggestions/contributions may
be considered in this remarkable joint effort, and decisions are considered
immensely as they affect everyone equally.
The decentralized and flat organizational structure of the company affects
the decision making as it enables the founders to be always present to
employees for a collaborative cooperation as well as relationship building. In
this organization, high level executives are not the only ones whose ideas
and opinions are weighed when making decisions; every employee idea is
also taken into consideration, and every decision and the impact of the
decision have an equal impact on everyone. This can be an advantage for the
American fishing boat maker as it supports the consideration of a wide range
of distinctive viewpoints and fresh ideas from employees and founders with
different backgrounds and experiences when making key business decisions.
The U.S company in the case study per the mission statement, “We will
provide the most innovative customer-driven design and growth in the
industry” (Western Governors University, n.d.). The company’s vision
statement, articulating the mission, maintains that “We will be the most
sustainable company in the industry” (Western Governors University, n.d.).
The company’s vision and mission statement can be regarded as the second
step in the decision-making video, as well as step two in establishing
realistic goals. The company’s vision and mission statement provide the
company something tangible to strive for, and the contentment of the
company’s mission and vision statement are backed up by the fact that the
company established laboratories where customers can be able to use the
company’s resources and products as well as provide insights into their
experience with the products. The company’s principles are based on
sustainability, innovation, and customer driven needs.
B1. The first attribute of the developing Indian market that impacted the
company’s product is the crucial need for sustainable products seeing that India’s
primary industry is the fishing industry, gratitude to the country’s many coasts. The
