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Question -
a) Propose a multi-local strategy for a new wine firm in China, based on the exchange of the differentiated factor endowments of the American, European, and Chinese wine sector. In other words, identify the differentiated endowments from each region that can be traded through such strategy.
b) Propose a global strategy for a new wine firm, who has the above multi-local strategy. In other words, identify the cost-escalating activities in each region that can be serviced through such strategy.
c) Propose a transnational strategy for a new wine firm, who has the above global strategy. In other words, identify the international growth opportunities for the firm based on the creation of American and/or European knowledge servicing AND resource trading linkages within China.
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