Foreign Collaborations
-
Upload
isha-joshi -
Category
Education
-
view
333 -
download
0
Transcript of Foreign Collaborations
FOREIGN COLLABORATIONS
Guided By: Presented By:Prof. Raksha Thakur Isha JoshiProf. Reema Rajawat BFT – VI semester
Prestige Institute of Management & Research
Isha Joshi
DEFINITION
“Foreign collaboration is an alliance incorporated to carry on the agreed task collectively with the participation (role) of resident and non-resident entities.”
Foreign collaboration is such an alliance of domestic (native) and abroad (non-native) entities like individuals, firms, companies, organizations, governments, etc., that come together with an intention to finalize a contract on some tasks or jobs or projects.
Isha Joshi
MEANING OF FOREIGN COLLABORATION
Isha Joshi
MOTIVES Provide access to more potential customers To broaden service offerings and increase customer satisfaction Gain foothold in international market Establish a unique position in the market Provide added value to customers Access knowledge & expertise beyond company borders Increase sales & profitability Speed entry into particular market Eliminate competition
Isha Joshi
PROBLEMS
Low Commitment Poor operational planning Rigidity/poor adaptability Hidden agenda leading to distrust Overdependence Legal Problems
Isha Joshi
MAJOR TYPES OF FOREIGN COLLABORATIONS Technical Collaboration
Marketing Collaboration
Financial Collaboration
Consultancy Collaboration
Isha Joshi
Based on the previous types of collaboration we have – Strategic Alliances
Joint Ventures
Mergers
Acquisition/Takeover
Consortium
Isha Joshi
Thank You…