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Eternal Elements are your personal ubiquitous eMentoring concept podcasts on Leadership & Management. The Author, Niket Karajagi, is a Mechanical Engineer with, MBA in International Business Management, ICF accredited Coach, Certified MBTI, FIRO-B, DISC, Saville, and Global Leaders of Future Assessor. Niket Karajagi, your host & AtyaasaaOnline e-learning MOOC, brings you the Eternal Elements podcasts on real-time people and management challenges that organizations face in the current Volatil ...
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Season 8: Setting up Foreign Operations Once we complete our evaluation of countries it is time to set up capacities and operations. Based on intent and business needs we choose options of models of collaboration. In this podcast, we discuss various methods of expanding into foreign markets. AtyaasaaOnline is an E-learning portal that people can pr…
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Season 8: Impact of Environmental & Legal Factors The Environmental & Legal factors are critical in setting up operations in a host country. They determine the cost of foreignness. Environmental & Legal factors determine the risk of operations and legal obligations & liabilities. In this podcast, we study the importance of Environmental & Legal fac…
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Season 8: Impact of Technological Factors The technological factor is critical in the 21st Century. It is one of the determinants of Lean and Productive Organizations. Information and Communications Technology penetration is the key to business success in the Borderless World. In this podcast, we study the importance of technology & ICT penetration…
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Season 8: Impact of Cultural Factors The cultural factor is critical for businesses to succeed in foreign markets. Culture shocks can be devastating and have the potential to increase the cost of foreignness. It is important to study cultural differences and similarities to determine the business strategy. Before we study the Technological, Environ…
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Season 8: Impact of Economic Factors The economic drivers of a country determine International Trade and Market Dynamics. Free Markets are an attractive proposition and so are economies in transition and developing countries. Developed countries are great for enhancing productivity and technology. Managers must choose which countries to operate in …
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Season 8: Impact of Political Systems The political system of a country determines the doctrine of social behavior and change. In any Internal Business decision, political stability or instability is the key to success. In this podcast, we discuss the facet of Political Systems. AtyaasaaOnline is an E-learning portal that people can preview and lea…
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Season 8: Investing in Foreign Markets Economic Integrations lead to Static and Dynamic effects. This determines our access requirements into a foreign market and so also investment decisions. We discuss the theories and models that determine investments and the success of foreign operations. AtyaasaaOnline is an E-learning portal that people can p…
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Season 8: Effects of Economic Integration Economic Integrations lead to Static and Dynamic effects. Static being trade diversion and dynamic being market expansion. This leads to tremendous benefits for MNE's. We study the effects of Economic Integration in this podcast. AtyaasaaOnline is an E-learning portal that people can preview and learn for f…
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Season 8: Economic Integration Types Economic Integration became the backbone of Regional Trade and Global Trade dynamics. Geographic proximity and cultural similarity gave way to economic integration leading to free trade and many other models of integration. In this podcast, we discuss the various forms of economic integration. AtyaasaaOnline is …
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Season 8: Economic Integration WTO created the basis for trade-oriented collaboration. This idea led to the creation of Economic Integration, which was essentially reducing or eliminating trade barriers. We study the aspects and types of Economic Integration in this podcast. AtyaasaaOnline is an E-learning portal that people can preview and learn f…
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Season 8: WTO Dispute Settlement Body WTO is member-driven and consensus-driven. It is a set of rules based on fundamental Principles. However, disputes arise which need to be settled amicably. We study the Dispute Resolution Principles fundamental to WTO in this podcast. AtyaasaaOnline is an E-learning portal that people can preview and learn for …
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Season 8: Principles of WTO WTO is member-driven and consensus-driven. It is a set of rules based on fundamental Principles. We study the Principles fundamental to WTO in this podcast. AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge on his Virtual Coaching Port…
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Season 8: From GATT to WTO With Intellectual property gaining speed with innovations and services becoming a new area of business, GATT fell short as it covered only trade in goods. Also, some Governments used unscrupulous methods to beat the GATT system. This lead to the formation of WTO. This podcast focuses on the transition from GATT to WTO. At…
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Season 8: Advent of GATT While the World Bank & UN came into existence as International Organizations, the need was felt to create an International Trade Organization. Hectic parleys started, and it led to the creation of the General Agreement on Tariffs & Trade. In this podcast, we discuss the creation of GATT. AtyaasaaOnline is an E-learning port…
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Season 8: The World Bank Group Post the Brettenwood Conference, we saw the International Monetary Fund's formation & the International Bank of Reconstruction & Development. After this, the World Bank Group of International Organizations came into existence which comprised: International Bank for Reconstruction & Development (IBRD) International Dev…
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Season 8: Bretton Woods Twins The end of World War II was a defining moment in the economic history of International Trade. It led to a decision of reconstruction of the economy through cooperation. The Bretton Woods Convention created the twins International Monetary Fund & International Bank of Reconstruction and Development as a part of the Worl…
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Season 8: The Inter-War Period Between the two great wars, it was a period of economic turbulence and devastation and also technological advancement. It also witnessed the great depression and colonial turbulence. World War II was the next key occurrence in the history of economics. The interwar period witnessed great turbulence. AtyaasaaOnline is …
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Season 8: The Pre-World War I Era Colonization and Mercantilism were the norms. The economy and technology were on a high. Geo-Political situations created a conflict that sowed the seeds of the next war. A war to end all wars was World War 1 which was not to be. Turbulence and turmoil and also technological advancements marked the high points of t…
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Season 8: Factor Endowment Theory by Hecksher-Ohlin This is a Noble Prize winner theory. It comprises a 2X2X2 framework. Two countries, two commodities, and two production factors capital & labor. The theory proposes that countries must trade with factors of productions in a higher proportion. It is also thus called the theory of factor proportions…
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Season 8: Theory of Comparative Advantage by David Ricardo When Nations have multiple absolute advantages they still trade in what they are most efficient at. This Theory is close to current reality as Nations do have multiple areas of advantage. We discuss this scenario of trade in this podcast. AtyaasaaOnline is an E-learning portal that people c…
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Season 8: theory of Absolute Advantage by Adam Smith Adam Smith is undoubtedly the father of modern economics. This theory of free trade propagates international trade based on the absolute advantage of specialization. We discuss this theory as a fundamental concept of International Business. AtyaasaaOnline is an E-learning portal that people can p…
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Season 8: Interventionist Theories of International Trade The invisible hand of the government determines Interventionist theories. They are of two types Mercantilist and Neo-Mercantilist. It is all about ensuring export surplus. We discuss the theory from the colonial era to the current era in this podcast. AtyaasaaOnline is an E-learning portal t…
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Season 8: Theories of International Trade in IB International Business is based on economic theories. They are broadly categorized as Interventionist and Free Market Theories. We discuss the fundamentals of these Theories of International Trade in this podcast. AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You c…
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Season 8: International Business Schools of Thought Globalization and International Business have different schools of thought. Some say it is here to stay while some believe it is more regional in dimension while many think it shall slow down because of protectionism. In this podcast, we discuss various schools of thought that prevail in IB. Atyaa…
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Season 8: International Business Dynamics Globalization creates International Business. International Business is all about the trading of goods, services, Intellectual property across International Borders i.e two or more Nations. International Business creates wealth, consumer satisfaction, branding, economies of scale & mitigation of business cy…
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Season 8: Advent of Globalization Globalization is here to stay. It is the interdependence of economic processes across Nations. Imports and Exports are the determinants of the prosperity of people and Nations. Globalization has existed since the 18th Century, with its forms changing over the years. In this podcast, we discuss the aspect of globali…
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Season 8: International Business Introduction We live in a global village. With technology penetration, International Business is the new norm and global brands are the kings. We start this season 8 with the introduction to the aspect of International Business Management; the core of the same being arbitrage, economies of scale, and mitigation of t…
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Season 7: Technology-Based Information Systems Strategy implementation requires tight control through data and information. Analytics are required for decision making by correlating various business variables. We discuss the role of technology in this podcast. AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You ca…
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Season 7: Strategy Control Methodologies Implementation of any strategy requires effective control through budgets and trend mapping through financial ratios. We discuss the aspects of Management Control in this podcast. AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of kn…
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Season 7: Responsibility Centers Strategy and Management Control requires the organization to be coordinated through Responsibility Centers for efficiency and effectiveness. We discuss the four Responsibility Centers and their characteristics in this podcast. AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can…
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Season 7: Management Control System Once the strategy is formulated and actioned we need to ensure it is successful by limiting the variances. The process of Management Control thus becomes critical. We discuss in the podcast how managers control strategy and the 4 elements of Management Control. AtyaasaaOnline is an E-learning portal that people c…
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Season 7: Objectives & Strategy Implementation Alongside the Grand Strategies post scanning of environment and assessment of choices & alternatives Long-Term Objectives are formulated alongside Grand Strategies, which cascade down into Short-Term Strategies, Functional Tactics & Policies which put together, form the Implementation Process of Strate…
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Season 7: BCG Matrix-Boston Consulting Group The Grand Strategy used by firms needs to be actioned. Determining which strategy to use finds a useful application in the BCG Matrix of the Boston Consulting Group, which maps a 2X2 Matrix of Market Growth Rate vs. Relative Market Share. We discuss the 4 quadrants and the application of strategies in th…
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Season 7: Consortia The Grand Strategy used by firms and syndicates to pool in resources for mega ventures. This strategy has proved useful, for raising funds and negotiating big contracts. In this podcast, we discuss the fifteenth Grand Strategy Consortia. AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can a…
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Season 7: Strategic Alliances The Grand Strategy used by firms to enter into strategic collaborations like licensing, franchising, and contractual partnerships limited by time. This strategy has proved useful, for gaining access into markets and leveraging on the partnership strengths. In this podcast, we discuss the fourteenth Grand Strategy Strat…
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Season 7: Bankruptcy The Grand Strategy used by firms to enter into equity partnerships for mutual benefit by sharing operative control. This strategy has proved useful, for entering into foreign markets or for consolidating market shares through complementing competencies, the thirteenth Grand Strategy Joint Venture. AtyaasaaOnline is an E-learnin…
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Season 7: Bankruptcy The Grand Strategy used by firms to declare a concern as non-ability to service debts in legal terms. This strategy has proved useful, for safeguarding against litigations. In this podcast, we discuss the twelfth Grand Strategy Bankruptcy. AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You ca…
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Season 7: Liquidation The Grand Strategy used by firms to sell a concern in troubled times with reducing profitability and markets for various reasons is discussed in this podcast. This strategy has proved useful, for minimizing losses of its stakeholders. In this podcast, we discuss the eleventh Grand Strategy Liquidation. AtyaasaaOnline is an E-l…
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Season 7: Divestiture The Grand Strategy used by firms to sell a going concern with normal or peak profitability for various reasons discussed in this podcast. This strategy has proved useful, for generating cash for new projects used by serial entrepreneurs and corporates. In this podcast, we discuss the tenth Grand Strategy of Divestiture. Atyaas…
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Season 7: Turnaround The Grand Strategy used by firms to emerge out of turbulent times using cost-cutting & asset reduction. This strategy is useful to make the organization Lean & Effective resulting in profitability outcomes. In this podcast, we discuss the ninth Grand Strategy of Turnaround. AtyaasaaOnline is an E-learning portal that people can…
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Season 7: Concentric Diversification The Grand Strategy used by firms to expand businesses leveraging on the core competencies of the first firm. This strategy has proved to be the most useful, with the lowest-risk and instant expansion outcome. It crunches the launch & execution time and makes available a new market base with each company creating…
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Season 7: Conglomerate Diversification The Grand Strategy used by firms to acquire brands in dissimilar production-market scenarios. This strategy has proved useful though with high-risk and instant corporate expansion outcome. It helps the speedy expansion of brands in different industries and markets and smoothes the business cycle with several c…
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Season 7: Vertical Acquisition The Grand Strategy used by firms to acquire critical alternate core competencies for backward and forward integration of the business value chain. This strategy has proved useful, with low-risk and instant customer expansion & innovation outcomes. It crunches the innovation time and makes available a host of new techn…
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Season 7: Horizontal Acquisition The Grand Strategy used by firms to acquire brands in similar production-market scenarios. This strategy has proved useful, with low-risk and instant expansion outcome. It crunches the innovation time and makes available a host of new lines of products and services. In this podcast, we discuss the fifth Grand Strate…
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Season 7: Innovation The Grand Strategy used by firms to introduce new products and disrupt the existing ones This strategy has proved useful, however high-risk& high investment, although necessary. In this podcast, we discuss the fourth Grand Strategy Innovation. AtyaasaaOnline is an E-learning portal that people can preview and learn for free. Yo…
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Season 7: Product Development The Grand Strategy used by firms for extending the Product Life Cycle. This strategy has proved useful to many firms to extend the life-span of a product and attract and retain a similar customer profile. In this podcast, we discuss the third Grand Strategy of Product Development. AtyaasaaOnline is an E-learning portal…
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Season 7: Market Development The Grand Strategy used by firms by making cosmetic changes to an existing product or distribution strategy. In this podcast, we discuss the first Grand Strategy of Market Development. AtyaasaaOnline is an E-learning portal that people can preview and learn for free. You can also visit Niket Karajagi's body of knowledge…
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Season 7: Concentrated Growth The Grand Strategy used by firms operating in a single product, single market & single technology. This strategy has proved useful to many firms that evolved as large celebrated brands. In this podcast, we discuss the first Grand Strategy of Concentrated Growth. AtyaasaaOnline is an E-learning portal that people can pr…
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Season 7: Grand Strategies The 15 grand strategies are master or business strategies used to achieve long-term sustainability goals as against only competitive strategies. They can be used singularly or in combination depending upon the type of firm and market they operate in. We take an overview of the grand strategies in this podcast. AtyaasaaOnl…
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