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 buyer
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expensive labor contracts will lose the company competitive advantage. But‚ Fiat assembled quality vehicles and carried a good learning curve in R&D‚ manufacturing‚ dealer networks. Moreover this strategic alliance is a major saving act in the area of joint product development A main reason is behind all this auto manufacturing implementation in the U.S‚ is the U.S government 2009 auto bailout. The Obama administration illustrated the bailout plans for the auto manufacturing field‚ this plan was closely
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advantage through knowledge transfer‚ culture‚ and trust in foreign parent and international joint venture (IJV) partnerships International Business Research KNOWLEDGE TRANSFER METHODS IN STRATEGIC ALLIANCES 2 Abstract: Trust‚ cultural and relational embeddedness‚ along with control synergies‚ comprise relational capital‚ representing an area of considerable importance in an international joint venture (IJV) relationship. The objective of this paper is to consider the various ways through which
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comprehensive‚ long term plan of essential actions by which a firm plans to achieve its major objectives. Key factors of this strategy may include market‚ product‚ and organization development through acquisition‚ divestiture‚ diversification‚ joint ventures‚ or strategy alliances. There are three types of company implementing grand strategies‚ growth strategy‚ stability strategy and defensive strategy. Our company ‘Burger King’ implement the grand strategies of growth strategy. Growth strategy is
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Cultural due diligence 1. Introduction Why Cultural Due Diligence (CCD) The implementation of effective cultural due diligence is well recognized in both the academic and business world. Through mergers and acquisitions‚ as well as any other business alliances‚ cultural due diligence has helped companies enter global markets‚ acquire capital‚ technology‚ branding‚ and country specific practices to help do business. It also reduces the risk and maximizes the profits in many ways (Cartwright &
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externally due to the extensive amount of alternative products offered to both consumers and distributors as a result of the highly competitive US information technology market. The content of Foster’s email is very direct and critical of the joint ventures manufacturing operations process and directly states two main causes of
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strategy. With Global product company philosophy‚ General Electric Medical Systems had made separate joint ventures for CT‚ X- Ray and ultrasound partnering with regulatory government such as Ministry of Health and the State Drug Administration and their subsidiary manufacturing groups. Due to this‚ GEMS encountered some challenges associated with these partnerships. Mr. Chen describes that “In one joint venture‚ partner firm would receive orders for equipment‚ and then service the orders from its separately
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several goals by using alliances. BODY : I. There are four types of alliance that company commonly uses. A. Joint venture‚ this is the results of agreements based on which the partner companies remain independent and decide to create a new organization that is legally distinct. 1. The share of participation in capital can be 50/50‚ 49/51‚ 30/70. 2. Most joint ventures limit collaboration to specific functions. B. Franchising‚ this is an agreement in which a company (franchiser)
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1. Introduction 1.1 Motivation Carlsberg is one of the leading breweries in the world‚ and in the meantime it is one of the fastest growing and best-known beer brands worldwide. A key part of Carlsberg’s strategy is to drive both domestic and international markets‚ in order to achieve a sustainable growth. Nowadays‚ the globalization narrows down the distance of the world and makes it easier for companies to enter to an unknown market compared to just a decade ago. Their business is focused
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Strategic Management T2 1 | | 11 | | 21 | | 31 | | 41 | | 2 | | 12 | | 22 | | 32 | | 42 | | 3 | | 13 | | 23 | | 33 | | 43 | | 4 | | 14 | | 24 | | 34 | | 44 | | 5 | | 15 | | 25 | | 35 | | 45 | | 6 | | 16 | | 26 | | 36 | | 46 | | 7 | | 17 | | 27 | | 37 | | 47 | | 8 | | 18 | | 28 | | 38 | | 48 | | 9 | | 19 | | 29 | | 39 | | 49 | | 10 | | 20 | | 30 | | 40 | | 50 | | 1. Which of the following is not an implication of the globalization
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