International Business Strategy Report: Dyer and Singh Analysis

This report delves into the realm of international business strategy, with a particular emphasis on the relational view of organizations. It explores how businesses leverage coordinative actions and networking to achieve competitive advantages, highlighting the importance of internal and external stakeholder relationships. The report discusses cooperation and collaboration's role in enhancing business functions, particularly in global contexts, and emphasizes the significance of communication in fostering collaborative structures. It also provides a critical analysis of Dyer and Singh's research on inter-organizational competitive advantage, examining how strategies, resource allocation, and knowledge management influence business performance. The report further examines organizational complementarities, resource allocation, and governance elements to maximize business objectives. This report provides a comprehensive overview of key concepts and strategies in the field of international business.

Running head: INTERNATIONAL BUSINESS STRATEGY
INTERNATIONAL BUSINESS STRATEGY
Name of the student
Name of the university
Author note

1INTERNATIONAL BUSINESS STRATEGY
Answer to question 2
The Relational view of organizations is associated with different networking functions
through the coordinative actions. The coordinative actions are devised by the businesses in order
to bring forth radical changes in the networking capabilities. The changes in the organizational
context is dependent on inter- relations of the different internal and external stakeholders of the
business. The relational view assists organizations in achieving a competitive advantage over the
other players through implementation of varied mechanisms. In this connection, networking of
organizations assists in manifesting the coordinative functioning of internal and external
departments. It supports the sustainability of the business in the market. Baraldi, Gressetvold
and Harrison (2012) stated that the relational view of organizations are dependent on identifying
different networking mechanisms. The mechanisms are boosted through a review of the firm’s
competencies and capabilities. Coordinative approach of the organization helps in maintaining
the efficacy of the functions while operating in the diverse markets.
Answer to question 3
Cooperation and collaboration helps in maintaining the efficacy of the functions that are
undertaken by businesses. It helps in integrating the internal and the external departments of the
business operations. Spigel (2017) stated that the collaboration between the internal and the
external departments assists the firms in adhering to the collective objective of sustenance. On
the other hand, communication and collaboration with the stakeholders of the firms enhances the
functions that are undertaken by the business while operating in the global scenario. Induction of
active collaboration in the workforce assists organizations in implementing different
modifications. It helps the venture to sustain in the competitive market scenario as per the needs

2INTERNATIONAL BUSINESS STRATEGY
of the customers. Park, Srivastava and Gnyawali (2014) stated that communication plays a
major role in framing the collaborative structure of the business,. It helps in enhancing the
operations as per the objectives. Therefore, the enumeration of the collaborative functions of the
business enterprise assists in upholding the efficacy of the business performance.
Critical analysis of the article
Dyer and Singh (1998) stated in the research “The relational view: Cooperative strategy
and sources of interorganizational competitive advantage” that the different strategies that are
framed by the businesses clearly examines the performance of the same as per the market
considerations. The report exemplifies the different characteristics of arm's-length market
relationships while understanding the concept of relational rents. The research by Dyer and
Singh (1998) portrayed the different determinants of inter- organizational competitive advantage.
The manner in which organizations frame different strategies and thereby allocate the resources
helps the same in quantifying the competitive advantage of the same. On the other hand, Dyer
and Singh (1998) portrayed knowledge management as an important attribute, as it assists
organizations in undertaking smooth functioning of the same. The collaborative actions of the
organizations and knowledge sharing in the inter- organizational contexts assists the critical
success factors of the business while operating in the international markets. Dyer and Singh
(1998) also stated that the critical success factors of the business is facilitated through
continuous innovation in the industry’s context. The development of the propositions is
dependent on the identification of the trend through assessment of the Big Data that is shared by
the organizations. It helps in the progression of every organization in the industry. Identification
of the capabilities and competencies of businesses helps the same in allocating the resources as
per the needs of the business to sustain. Dyer and Singh (1998) noted the role of organizational

3INTERNATIONAL BUSINESS STRATEGY
complementarities while judging the complementary resource and capabilities of the
organization. It assists the organizational understanding of the needs of the business to maintain
the smooth operations in the business context. The different viable options that is available to the
organizations helps in maximizing the elements of governance as per the business objectives.
The methodology that was chosen by the researchers is based on the review of the currently
available literature, which has helped enhancing the research outcomes. The different aspects of
organizational gains through corporate governance and assessment of resource and capabilities
of the venture are being stated in the research.

4INTERNATIONAL BUSINESS STRATEGY
References
Baraldi, E., Gressetvold, E. and Harrison, D., 2012. Resource interaction in inter-organizational
networks: Foundations, comparison, and a research agenda. Journal of Business Research, 65(2),
pp.266-276.
Dyer, J.H. and Singh, H., 1998. The relational view: Cooperative strategy and sources of
interorganizational competitive advantage. Academy of management review, 23(4), pp.660-679.
Park, B.J.R., Srivastava, M.K. and Gnyawali, D.R., 2014. Walking the tight rope of coopetition:
Impact of competition and cooperation intensities and balance on firm innovation
performance. Industrial Marketing Management, 43(2), pp.210-221.
Spigel, B., 2017. The relational organization of entrepreneurial ecosystems. Entrepreneurship
Theory and Practice, 41(1), pp.49-72.