MGT302 International Business Strategy Semester 2 Case Study

This case study analyzes international business strategies, focusing on the economic growth of China and its potential business relations with the United States. It explores market expenditure, investment in products, and the impact of online shopping on modern consumers, highlighting the ownership of Alibaba. The study also examines global medical tourism, including outsourcing tasks to countries like India, analyzing the advantages and disadvantages of this practice, such as cost savings versus time constraints. It addresses the problems associated with healthcare outsourcing, particularly concerning patient health risks, and identifies primary beneficiaries of medical tourism as patients seeking low-cost treatments. The case study is based on the MGT302 International Business Strategy course, and is a group assignment report which analyzes two case studies, selected from the Hill and Hult (2019) textbook, focusing on various aspects of international business including differing elements of international business – related theories, national differences, the global trade and investment environment, the strategy and structure of international business, and international business functions.

Slide 1
The significant slide deals with the overall fact of the economic growth that is
associated with the country of China. The potential strategies related to business along with
the country of United States is stated to be unique as well as effective for the enhanced
growth of business within the country. In my perspective it is very obvious that the relation
among the two countries will enhance the business growth of the country. By 2050 China will
be one the successful business giants in the overall world. This will include the effort of
effective maintenance of the business throughout the years.
Slide 2
The scenario is based on the fact of the overall market expenditure and well as
investment in the products associated in the business. The situation held by the Best Buy
would certainly enhance the overall product purchase by the population of the country. This
will amplify the business profit thus enhancing the economic growth of the country. Thus
with the increase of the group of income in respect to people of China is identified to increase
within the environment of business in respect to the country of China.
Slide 3
The trend of the online shopping has duly attracted the modern day customers as they
get to increase their search as well as they get the convenience of the products to be delivered
to their home Moreover the significant online shopping organization’s approach within the
country is depicted to be fruitful for the satisfaction of the residents of the country. Thus it
can be said that the attraction of this online shopping culture will significantly infiltrate the
country thus amplifying the business growth of the country. In addition of this the ownership
of Alibaba has been identified to be an important step that is adhered to increase as well as
introduce the online shopping culture within the country.
Slide 4
The global medical tourism has enhanced the way of outsourcing significant tasks that
are now performed by some foreign countries such as India. This has helped the American
health care to carry out their overall healthcare procedure to be eased as well as the
significant cost that is associated is depicted to be less. The wages that are associated to
perform such tasks are very less in respect to perform in the parent country.

Slide 5
This slide mainly depicts the advantage as well as the disadvantage related with the
outsourcing of the tasks outside the country such as MRI scans. The wages that is charged by
the foreign countries are identified to be less in respect to the wage charged by the healthcare
organizations present within the country. Thus it can be said that this a good thing that the
healthcare industries are associated with. Moreover, there is a certain disadvantage that is
identified as the time that is required by the healthcare organization present outside the
country. Thus the time is also an added factor that is to be kept within track in respect to the
wages while dealing with critical patients.
Slide 6
The identified problems associated with the healthcare outsourcing provision is
mainly depicted as the critical health condition of the patient. Moreover the risk of the patient
life associated with the outsourcing is also to be kept in mind. The saving of certain financial
costs are not to be considered as the life of the patient is very much important. In addition to
this the facility of the source hospital is also to be justified before the procedure has been
initialized. However, the important point is the critical health of the patient that are travelling
via medical tourism.
Slide 7
The primary beneficiaries in respect to the medical tourism are the patients. These are
depicted to be the most important factor for which the medical tourism has started. These
sector will be benefitted with the low cost as well as effective treatment in respect to the
country that they are staying. However, the present healthcare industries within the patient’s
locality will be hampered as well as growing hospitals will also be effected in respect to the
medical tourism facility.