FOREIGN COLLABORATIONS

Guided By: Presented By:Prof. Raksha Thakur Isha JoshiProf. Reema Rajawat BFT – VI semester

Prestige Institute of Management & Research

Isha Joshi

DEFINITION

“Foreign collaboration is an alliance incorporated to carry on the agreed task collectively with the participation (role) of resident and non-resident entities.”

Foreign collaboration is such an alliance of domestic (native) and abroad (non-native) entities like individuals, firms, companies, organizations, governments, etc., that come together with an intention to finalize a contract on some tasks or jobs or projects.

Isha Joshi

MEANING OF FOREIGN COLLABORATION

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MOTIVES Provide access to more potential customers To broaden service offerings and increase customer satisfaction Gain foothold in international market Establish a unique position in the market Provide added value to customers Access knowledge & expertise beyond company borders Increase sales & profitability Speed entry into particular market Eliminate competition

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PROBLEMS

Low Commitment Poor operational planning Rigidity/poor adaptability Hidden agenda leading to distrust Overdependence Legal Problems

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MAJOR TYPES OF FOREIGN COLLABORATIONS Technical Collaboration

Marketing Collaboration

Financial Collaboration

Consultancy Collaboration

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Based on the previous types of collaboration we have – Strategic Alliances

Joint Ventures

Mergers

Acquisition/Takeover

Consortium

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Thank You…