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wor Engines, url, U fiers. The firm has ent R&D, design, manuf low Hyundai access to forei me, liigh-quality LI Rey puts are sourced from low-cost sup- entered various collaborative ventures to cooperate nufacturing, and other value-adding activities. These os to foreign partners' expertise, capital, distribution ing to exp It improve focus on isfaction, auto indu Reflective Thinking Skills, Analytic Skills, Mult AACSB: Reflectiva Case Questions 5-4. What are the an ad specific examples of 5-5. In terms of are the roles of comparative and competitive advantages dvundai's success? Ilustrate your answers by fic examples of natural and acquired advantages that indai employs to succeed in the global automotive industry. In terms of factor proportions theory, what abundant factors des Hyundai leverage in its worldwide operations? Provide examples and explain how Hyundai exemplifies the theory. In what ways does Hyundai's success contradict the theory? Justify your answer. 5-6. Discuss Hyundai and its position in the global car industry in terms of the determinants of national competitiveness. What are the relationships of the roles of demand conditions, factor conditions, related and supporting industries, and firm strat- egy, structure, and rivalry to Hyundai's international success? 5-7. The Korean government has been instrumental to Hyundai's success. In terms of national industrial policy, what has the government done to support Hyundai? What can the govern- ment do to encourage future success at Hyundai? What can the government in your country do to support development or maintenance of a strong auto industry? onsistent with Dunning's eclectic paradigm, describe the ownership-specific advantages, location-specific advantages, Sources Manufa Why it 9.2012 Record OICA, Busine to Exp Nelson News, Succe .com/ rover. Toyot us-to world retrie Note 5-8. Consistent Turk Mic

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