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QXD
11/10/05
11:57 PM
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Source: Corbis/Reuters
INBU_C08.QXD
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11:57 PM
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INTRODUCTION
1 Given the competitiveness of the environment, how much opportunity exists for Vodafone in the
international mobile phone market?
2 What type of generic strategy does Vodafone employ? Defend your answer.
3 What forms of ownership arrangement is Vodafone using to gain world market share? Explain.
4 On what basis would a firm like Vodafone evaluate performance? Identify and describe two.
INTRODUCTION
Strategic planning is the process of evaluating an enterprises environment and internal Strategic planning
strengths, identifying its basic mission and long- and short-range objectives, and implementing a plan of action for attaining these goals. Multinational enterprises (MNEs) rely
heavily on this process because it provides them with both general direction and specific
guidance in carrying out their activities. Without a strategic plan, these businesses would
have great difficulty in planning, implementing, and evaluating operations. With strategic
planning, however, research shows that many MNEs have been able to make adjustments
in their approach to dealing with competitive situations and either redirect their efforts or
exploit new areas of opportunity. For example, as a result of losing market share in Europe
in recent years, General Motors is now cutting its European capacity in an effort to stem
further losses.1 Meanwhile, Dell Computer is expanding its international presence. In 2001
the company became the largest firm in the worldwide PC business, with a market share of
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