International Business (C11IB1) How has the global financial crisis impacted upon MNCs? Name: Kanam Liu Reg number: 095922098 Module lecturer: Dr Colin Turner Date: 19th October 2012 Introduction Since world trade began and the economy grows quickly‚ Multinational Corporations (MNCs) are playing a very important role in the global economy
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question of this paper is: Which lessons are to be learned from the case of Novo Nordisk in China? Keywords: global strategy‚ foreign market entry‚ offshoring‚ R&D‚ pharmaceutics JEL Classification: F21‚ F23 1. Introduction and Method The forces of globalization are continuously changing the business landscape. Outsourcing and offshoring have been used by multinationals for decades. Global value chains stretch across the world and incorporate a diverse range of people and cultures. With
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Topic of the Assignment ANALYSIS OF PORTER’S FIVE FORCES MODEL AND ITS APPLICATION IN E-COMMERCE BASED ECONOMY PORTER’S FIVE FORCES FRAMEWORK: A business has to understand the dynamics of its industries and markets in order to compete effectively in the marketplace. Michael Porter has postulated that the intensity of competition in an industry is determined by its underlying economic structure. Porter (1985) defined the forces which drive competition‚ contending that the competitive environment
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M&A ATTRACTIVENESS IN THE DEVELOPING WORLD Mergers and acquisitions form the majority of FDI deals in the developed world‚ but remain relatively scarce as a mode of entry in the developing world. The infrequent use of M&A as a foreign direct investment (FDI) entry modality into developing regions has motivated this study. As a first step in exploring the M&A paradigm in developing markets this paper will classify and rank the M&A attractiveness of 117 developing economies. Further‚ the distinction
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Summary In the world there are 194 countries and Billabong has sold their product over 100 countries‚ the major regions are the North America‚ Australasia and Europe. There are several smaller regions that are selling products of Billabong‚ such as Australia‚ New Zealand‚ Singapore and more (Billabong n.d.). Billabong has been recognised in Australian and most in European countries for more than 10 years in the boardsports industry‚ yet Billabong has a limited consumer in a limited area with the
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– Assignment 2 During 2011 significant industrial relation events took place in Australia. One significant event that was widely reported in the media and according to Catanzartiti and Kane (2012) “captured the interest of the mainstream press more than any other case during 2011”‚ was the Qantas Airways Limited (Qantas) dispute”. The Qantas dispute involved varying parties. These parties included Qantas employees and their representing unions‚ Qantas Management‚ the Minister for Tertiary
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Rivalry-Target.com.au seems to be like a site which has a lot of competitive rivalry‚ because the market in which it operates is very broad‚ and there are many existing competitors. “Target.com.au” is only operational within Australian territory. On another hand a potential competitor such as amazon has worldwide coverage and provide . This makes the competition very high. There are 1000’s of other sites which look the same and provide the same retail goods. References: http://www.target.com
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PESTEL ANALYSIS POLITICAL FACTORS/ CHINA | KEY DRIVERS | IMPACT ON KOYO JEANS | * Government interference | Threat | * Government stability | Opportunity | * High Government controlled financial institutions | Threat | ECONOMIC FACTORS /CHINA | KEY DRIVERS | IMPACT ON KOYO JEANS | * Level of disposable income | Opportunity | * Low Economic freedom index rating | Threat |
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Billabong Case Study Managing Change HISTORY ← Australia’s largest surfwear manufacturer‚ annual sales = $680 million (2003/04) ← Core business = marketing‚ distribution and retail of clothing‚ accessories and eyewear ← Sells products under other brand names including: • Element (Skate wear) • Von Zipper (sunglasses) • Honolua Surf Company ← Founded in 1973 – by Gordan and Rita Merchant ← Reputation = supplying
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Introduction Billabong International Limited (BBG) produces surf wear‚ sports apparel and accessories for the surf‚ skate and snowboard markets (Macquarie‚ 2012). The firm recorded an 18.4% decrease in net profit to A$119.1 million in 2011 (Billabong Shareholder Review 2010/2011). After intense acquisition efforts‚ which saw Billabong buying over 11 brands (Appendix A)‚ the company was forced to undergo a major restructuring‚ closing 150 stores and cutting 400 jobs worldwide
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