International Review‚ 50(2)‚ 2010‚ 137-154. 8. Schweizer‚ R.‚ J.-E. Vahlne and J. Johanson (2010)‚ “Internationalization as an entrepreneurial process”‚ Journal of International Entrepreneurship‚ 8(4)‚ 343-370. 9. Zaheer‚ S. (1995)‚ “Overcoming the Liability of Foreignness”‚ Journal of International Business Studies‚ Vol. 38‚ No. 2‚ pp. 341-363.
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Motivations for internationalization 5. For an MNE to exist‚ first foreign countries must provide location-specific advantages to attract the company to invest there‚ second the company must have ownership-specific advantages that counteract its liability of foreignness‚ third the company must have the organizational capability to leverage its strategic advantages more effectively internally than externally. Answer: True Difficulty: Moderate Page: 7-8 Topic: Prerequisites for internationalization 6. An
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Although Maycomb is an entirely fictional town Harper Lee creates a realistic feel to it. She does this through a combination of writing and language techniques and through the many perspectives we are privy to throughout the first four chapters. The most commonly used are through the eyes of a six-year-old Scout and an older‚ reflecting Scout who uses a more mature view to comment on the events as seen through the innocent eyes of a young girl. Although a child narrator may be a more unconventional
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it crushed the clouds”. These tall buildings are located in the London Borough of Tower Hamlets where Brick Lane is a street in. The tall buildings are described as very foreign by Nazneen‚ as she describes them as “stone palaces”. This sense of foreignness allows readers to feel the confusion and loneliness faced by Nazneen. Apart from the buildings‚ the weather and the scenes around Nazneen also plays a role in signifying the loneliness and confusion of the persona. The weather is described in
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Integrative Case 3.1: Corporate Strategy at Cardinal Health Discussion question 1: What are the benefits and costs of Cardinal Health’s product-related diversification strategy? Firstly‚ Walter started implementing its product-related strategy on time‚ in 1996‚ when FoxMeyer went bankrupt. If‚ the company was not diversified and dependent only on one product division‚ it might have ended up as FoxMeyer. Also‚ the drug distribution division has been forced to lower its prices by health care providers
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Managing Global Expansion: A Conceptual Framework. Business Horizons | March 01‚ 2000 | Gupta‚ Anil K.; Govindarajan‚ Vijay | COPYRIGHT 1989 JAI Press‚ Inc. (Hide copyright information)Copyright [pic] There are at least five reasons why the need to become global has ceased to be a discretionary option and become a strategic imperative for virtually any medium-sized to large corporation. 1. The Growth Imperative. Companies have no choice but to persist in a neverending quest for growth if they
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Youth and Innocence are a Thing of the Past In Erich Maria Remarque’s novel All Quiet on the Western Front Paul and other soldiers lose their sense of innocence and youth before they are prepared. Paul‚ a young man enlists in the German Army of the First World War with some of his classmates. These young men become enthusiastic soldiers‚ but incidents of horror break them down. Paul and other soldiers lose their sense of innocence and youth when they discern the poster of a beautiful woman in the
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available opportunities for firms; it has led to higher performance outcomes‚ including quality‚ cost‚ and productivity. Although globalization offers potential benefits‚ there are related risks. These risks are collectively known as the “liability of foreignness.” (p.10) Political and Economic Risks Political risks can be defined as the “probability of disruption of the operations of multinational enterprises by political forces or events.” (p. 246) Examples include uncertainty caused by government
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Intercultural Adaptation Introduction Many of us have travel or lived abroad always wondering which will be the correct way of behavior or the proper manners to successfully communicate with others. We wonder if it’s better to bow or to give a hand shake‚ to give a kiss or a hug. This and many other questions are presented upon us because each and every country has a different cultural background. This paper will explore into the intricate process in which people may or may not successfully
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Introduction to proposal Sanctuary Soft‚ a young started up security software company in United Stated is planning to expand to overseas due to the need of providing the worldwide service to its client and the pressure by its shareholder. After the meeting between the company’s CEO and larger shareholders‚ they are distressed in whether stay in the US market or expand overseas. The four potential countries favour by Sanctuary Soft in its expansion plan included China‚ India‚ Germany and United Kingdom
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