Business strategies Essay Example | Topics and Well Written Essays - 250 words - 1

Business strategies - Essay Example banking functions are the same, what is different is the service in each place (the bank has a service product) which assumes the customs of the place. HSBC is called â€Å"the world’s local bank†. HSBC offshore banks are multidivisional and organized around geographical region or country area – that is, they have a degree of autonomy within their host country, in order to facilitate compliance with local regulations. SABMiller owns several premium international beers, six of which are among the worlds top 50 beers.   It uses the multidomestic strategy to expand its growth, profitability and product offerings.   It uses a multidivisional organization structure with regional and divisional headquarters through different geographical locations. Avon previously uses the multidomestic strategy but changed to a global strategy when much of its sales was declining.   The analysis of its various products is done in the companys New York headquarters.   It uses this strategy to control costs and gain additional economies of scale to improve performance.   A functional organization structure is used at the company. The global strategy is apparent in SABMiller’s standardized products, namely their own portfolio of international premium beer brands. The global strategy is important to maintain brand exclusivity, while the multidivisional structure according to geography allows for efficient distribution to international markets. Avon also uses the global strategy and functional organization; it abolished its three international regional headquarters and instead established nine streamlined business centers in charge of sales, marketing and distribution worldwide. The managers of the nine functional units report directly to the Office of the Chairman, so the structure is horizontal. I think McDonalds uses a multidomestic strategy and Subway uses the global strategy which I have experience them both in different parts of the world.  McDonalds has offered