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Find a business news article or source(s) related to one of the following topics related to our Week 5 Hill (2021) content: In Ch13, we covered Lieberman and Montgomery’s (1998) concept of first-mover advantage. On a July 28 earnings call with investors, the Chief Strategy Officer of Tilray Brands, Inc. — a global leader in cannabis research, cultivation, processing, and distribution — noted that its early strategic investments are now resulting in first-mover advantage. Unwrap this concept and its relation to what Tilray has undertaken. Also related to the concepts in Ch13: Last Friday, Turkey’s Trade Ministry announced its intent to “reach out to more foreign markets” through a novel concept involving exporting. (There is an article link in W5 Module.) What makes this approach necessary? What is going on there? In our Ch14 PowerPoint, we were introduced to the concept of autarky — the belief that a country should be self-sufficient and avoid trade and external assistance with other nations. Such thinking, to us, seems flawed, but some countries are currently employing autarky as policy. Investigate this further.
French firm Tereos is investing in Brazilian biogas. Investigte details and reasoning. Start here: https://www.bnamericas.com/en/interviews/why-french-firm-tereos-is-investing-in-brazilian-biogas (Links to an external site.)
Nineteen countries form the US Department of State Supply Chain Ministerial Forum and, last week, they issued a joint statement here. Discuss the details and what it hopes to accomplish. https://www.state.gov/supply-chain-ministerial-joint-statement/ (Links to an external site.)
In our Ch15 PowerPoint, we learned a bit about Nestle’s investment in Turkey, 2011-2016. Please investigate a) what its current status of investment is in Turkey OR b) what Nestle’s investment is like within the continent of Africa. 2. In a Main Discussion posting of 300-400 words — you will share what you learned from the article. Please also add your thoughts on what you discovered and how it has contributed to your understanding of international business. 3. Include the reference for your selected business article and one other source to add depth to your understanding.
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