handed in personally on lectures) Read the case Haier’s U.S. refrigerator strategy and answer to the following questions: 1. What were the drivers of Haier’s success in U.S. initially and why? 2. How did the competitors (Big Three) react to the Haier’s success? How are their strategies different than Haier’s? 3. Why do you think Haier built a new plant in South Carolina? Was it a wise decision? 4. What strategy (marketing‚ internationalization‚ etc.) Haier should follow in the future? This assignment
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International Takeovers by Chinese Companies: The Challeng 31/08/2012 Abstract While a multitude of multinational companies are entering the Chinese market‚ there are very few Chinese companies going multinational. Therefore‚ the Chinese government has formulated the “Go Global” strategy in order to encourage Chinese companies to invest in business abroad. Takeover (Acquisition)‚ which can be defined as one company being purchased by another‚ is generally believed to be a straightforward and
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strategy+business ISSUE 64 AUTUMN 2011 How to Be a Truly Global Company Many multinational business models are no longer relevant. Skillful companies can integrate three strategies — customization‚ competencies‚ and arbitrage —into a better form of organization. BY C.K. PRAHALAD AND HRISHI BHATTACHARY YA REPRINT 11308 features global perspective 1 How to Be a Truly Global Company by C.K. P r a ha lad a nd H r ish i Bhat t acha r y ya Photo illustration by Holly Lindem
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HAIER: TAKING A CHINESE COMPANY GLOBAL Group: 9 Hunny Agarwal (102) Hakim Datawala (115) G. H. Krishna (118) Sushant Mondal (137) Abhishek Parekh (142) Anirban Sengupta (150) Haier Group: Highlights Number one company by Asian Wall Street Journal China’s largest Home Appliance Manufacturer Largest Player in the compact refrigerator market worldwide Brand “Haier” is recognized worldwide Haier Group: Challenges Declining Profit Margins; from 9.4% to 2.6% Overcapacity of white goods in Chinese Markets
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BORN GLOBAL COMPANY Introduction Many business started to aim at the international market with the development of the globalization. This emerging phenomenon are worthy for us to analyze and research. We should think about why the Born Global Company emerge and the characteristics of the Born Global Company. What is a BGC? McDougall says “Born global company refers to the business organizations that‚ from inception‚ seek to derive significant competitive advantage from the use of resources and
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RESEARCH ESSAY ON GLOBAL COMPANIES Introduction International companies are characterized by many factors among them geographical dispersion‚ demand for rationalization and differentiation and cultural diversity. These factors pose numerous challenges to international HR managers on how to ensure successful performance of their functions. The paper highlights various challenges the mentioned factors presents to IHRM in their work. It assembles evidence and previous research findings done by other
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Case 4: Haier Performance management (A) 1. What are the specific practices of Haier’s performance management system? What are the guiding principles behind those practices? Haier‚ being the world’s sixth largest maker of large kitchen appliances‚ had 4% global market share and strong positions in the production of washing machine and refrigerators. The key success behind was Zhang‚ the CEO who brought the company fortunes. Several innovative human resource management practices were introduced
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bidding to other offers. One of the companies considering a bid was China ’s largest home appliance maker‚ Haier. Pros: Cons: Chinese government policy encouraged its large companies to acquire overseas brands and combine them into a single corporate global brand name. The Maytag bid would fit well with this national goal and with Haier ’s own stated goal of trying to make Americans feel like Haier was an established US brand instead of an imported Chinese brand. There was a growing backlash
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MGT4570 Global Entrepreneurship Case study QI-TECH: A Chinese Technology Company for Sale Name: Choi Ying Kai SID: 06523393 Date edited: 11-11-2007 Case background: QI-TECH‚ a Chinese manufacturer of precision Coordinate Measurement Machines‚ is a joint venture established by Indiver BV‚ a Dutch aircraft engine manufacturer and a Chinese state-owned enterprise QQMF. Looking for a strategic exit‚ Indiver BV‚ which holds 50% of QI-TECH‚ must negotiate a sale with its Chinese partner and a potential
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Presented By: Astha Paudel Born Global Companies A born global firm is a venture designed to exploit a global niche whether it be internet based or a conventional approach (Garbrielson and Gabrielson‚ 2011). The term ‘born global’ is self explanatory as it refers to firms that are born international and have no geographical confinement for their operations. Some of the important characteristics of born global firms are as follows: 1. Internationalisation of the business is achieved
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