Foreign Collaborations

Foreign Collaboration in a union or an alliance between a resident entity and a non resident entity.

1. FOREIGN COLLABORATIONS Guided By: Presented By: Prof. Raksha Thakur Isha Joshi Prof. Reema Rajawat BFT – VI semester Prestige Institute of Management & Research

2. 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

3. MEANING OF FOREIGN COLLABORATION Isha Joshi

4. 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 Isha Joshi

5. PROBLEMS Low Commitment Poor operational planning Rigidity/poor adaptability Hidden agenda leading to distrust Overdependence Legal Problems Isha Joshi

6. MAJOR TYPES OF FOREIGN COLLABORATIONS Technical Collaboration Marketing Collaboration Financial Collaboration Consultancy Collaboration Isha Joshi

7. Based on the previous types of collaboration we have – Strategic Alliances Joint Ventures Mergers Acquisition/Takeover Consortium Isha Joshi

8. Thank You… Isha Joshi