Individual report Essay Example | Topics and Well Written Essays - 500 words - 4

Individual report - Essay Exampleany chooses to come one of the two types of the competitive advantage that is either via lower cost than its competitors then it faeces ask greater section of the market and customers. The generic strategy gives a reflection of the choices that can be do by the company regarding the type of the competitive advantage and the scope of the marketThere are generally three levels of international strategies that the Xiao mi Company uses namely corporate strategy, functional strategies and even business strategies. each(prenominal) these strategies focus on the international markets where they use cost leadership as the effective market strategies that they can use to explore and acquire greater market niche for their smart phones. The international strategies of the Xiao mi in the essence tries to define the business domain in which the firm can operate through recruiting hostile people, improving the R&D division and even through analysis of the fa ctors that influence strong carrying out systems (Bruce, 2008). To meet the international standards, it is very important for the Xiao mi Company to answer quite different the legion(predicate) questions that form the major components of the business domain. These divergent answers should reflect the different corporate strengths and weaknesses and even different elan that Xiao mi can use to assess different opportunities and threats that may be produced by the global economic science and even the political environment.This theory tries to explain how Xiao mi can intensify their business activities in the outside markets. In this set of model Xiao mi first gained a lot of experience from the domestic markets sooner they decide to move to the international markets to do international businesses of selling the smart phones making a blunt sale of about 5 billion. Xiao Mi Company started their conflicting operation by forming the agreement with the foreign intermediate or agents who are geographically in close countries to make people be mindful of their products