emeraldinsight.com/0951-3574.htm Value‚ profit and risk: accounting and the resource-based view of the firm Steven Toms The York Management School‚ University of York‚ Heslington‚ UK Abstract Purpose – This paper aims to argue that the principal components of the Resource-Based View (RBV) as a theory of sustained competitive advantage are not a sufficient basis for a complete and consistent theory of firm behaviour. Two missing elements are value theory and accountability mechanisms. Design/methodology/approach
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Chapter 7&8 – International Market selection and Entry Approaches to market selection ← incremental entry vs simultaneous entries ◦ incremental → usually for small companies with fewer resources that wants to lower their risk preclude economies of scale. ◦ simultaneous → extensive resource thus‚ resulting in higher operating risk‚ may decide to leverage across asia pacific area‚ facilitate economies of scale. ← Concentrated approach vs diversified approach ◦ concentrated
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Strategic Alliances; Choose Your Partners Keith D. Brouthers‚ Lance Eliot Brouthers and Timothy J. Wilkinson Strategic alliances are known to be risky. Potential partners may be a lot better (or worse) than the company at the strategic alliance ’game ’. Unless there is a real resources shortage‚ be it skills‚ technology‚ finance‚ strategic alliances should be avoided. If shortages exist then the company should look for complementary skills‚ cooperative cultures‚ compatible goals and commensurate
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International trade Payment methods Payment Methods for International Trade * Prepayments: The goods will not be shipped until the buyer has paid the seller. * Time of payment: Before shipment * Goods available to buyers: After payment * Risk to exporter: None * Risk to importer: Relies completely on exporter to ship goods as ordered * Letter of Credit (L/C): These are issued by a bank on behalf of the importer promising to pay the exporter upon presentation of the shipping
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OSIM INTERNATIONAL Pte Ltd | | | | | | | Table of Contents Executive Summary …………………………………………………………………………...3 Background 3 About Healthy Lifestyle Products 3 About OSIM 3 Reason for choosing Israel 3 Business Environment 4 Socio-Cultural Factors 4 Technological Factors 4 Environmental Factors 4 Economic Factors 5 Political Factors 5 SWOT Analysis 6 Strengths 6 Weaknesses 6 Opportunities 7 Threats 7 Marketing Strategy 8 Mode of Entry 8 The
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maintain market share during economic downturn. In contrast Sandford has a strong international presence in the hotel/leisure industry and is looking at diversification to improve their competitive advantage and compliment their current offerings. The opportunity presented by this Joint Venture (JV) will assist both Sandford and Fremantle in entering a new market. It will be challenging mainly because of the fact that both firms are from different industries and may have different goals/objectives along
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How Should You Choose Your Friends? Joan Gabriel N. Garcia BSIT-2 English 3: Speech and Oral Communication First Semester S.Y: 2013-2014 July 15‚ 2013 Page 1 of 4 According to LaFamille 2010‚ when you say the word ’friends ’‚ it feels like it should be forever. It does not always happen this way. Especially‚ when we choose our friends haphazardly‚ based on only feelings alone. Everyone wants a friend who makes them feel good about themselves. We do not choose friends based on much
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appropriate goal of a firm? Maximization of shareholder wealth is said to be the primary goal of a firm. The financial manager has the responsibility to act in their best interests. Since‚ the common stockholders are the firm’s most important stakeholders to continue operate the business. This goal means that the financial manager can best serve business owners by identifying goods and services that add value to the firm because the market place desires and values what the firm offers. Firms should make
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assessment‚ diagnosis‚ and treatment of the disease or issue. Traditionally‚ the role of counselor or therapist would remain impartial and inert to the client. According to Sue and Sue (2013)‚ “MCT involves broadening the roles that counselors play and expands the repertoire of therapy skills considered helpful and appropriate in counseling” (“What is Multicultural Counseling/Therapy?” p. 47). In the mini-lecture by Dr. Sue stresses‚ “MCT can be defined as both a helping role and process that uses modalities
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Right to Choose In the beginning long before Roe v. Wade‚ opinions regarding abortion were prevalent in regard to pro-life ideals to include the original Hippocratic Oath that states‚ “I will neither give a deadly drug to anybody if asked for it‚ nor will I make a suggestion to this effect. Similarly‚ I will not give to a woman an abortive remedy‚” however‚ in today’s society many changes have occurred and pro-choice has become a staple among many who believe a woman has the right to choose which
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