Strategic Management at Jiffy Lube Term Paper

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S. corporation; say for instance that a Jiffy Lube subsidy in France is involved in a scandal; however the managements are different, the scandal will reflect upon the entire corporation, and consequently the American facility

Multi-Country Approach

The advantages and disadvantages of a multi-country approach are rather similar to those of a global approach, with the particularity of reduced numbers of participants. Aside from the already mentioned features, the advantages and disadvantages of a multi-country approach can be summarized as follows:

Advantages of a multi-country approach increased possibility to only select those countries which fit a certain set of demands, such as reduced number of population living below the poverty line, increasing automobile sales or increased standards of living the limited number of partner-countries, carefully selected, can easily consolidate their position and enforce the capabilities of Jiffy Lube

Disadvantages of a multi-country approach reduced diversification and the possibility that most of the partner-countries fail to retrieve the desired outcomes, leaving no alternative facilities to reduce the loss the selected countries could strengthen their position and be accused of monopolistic operations and increased control over resources

Both approaches allow Jiffy Lube to operate internationally and benefit from the advantages of global operations.

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However the multi-country approach seems to present the automobile service company with more advantages and disadvantages, it basically has the same features, but on a limited scale, as the number of partner countries is limited. Basically, a global standpoint is characterized by a larger number of partners, which could both help but also generate impediments. The multi-country approach has reduced partners, reduced revenue possibilities but also reduced risks. The choice should depend on Jiffy Lube's approach to risk, but the most suitable alternative would be the global strategy. The rationale behind this choice is given by a larger access to resources and most importantly, an increased diversification of the company's portfolio across the globe, allowing it to counteract national losses with other national gains......

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