Entry In the late 1980’s and early 1990’s when KFC entered China joint ventures were the only viable option for mode of entry due to government regulation. Initially KFC China formed joint ventures with local partners chosen by the government. The first joint venture was with the Government Poultry Department but this faced problems. Afterwards‚ KFC successfully partnered with the Tourist Department to form a joint venture because they had sufficient funds. This model was successfully replicated
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1.How has the global economic downturn‚ discussed in the opening profile and throughout this chapter‚ impacted jobs outsourcing in the BPO industry? The global financial crisis caused many changes in economic situation in the world. As International Institute for Labor wrote “Several major developed economies have practically entered into recession and unemployment is on the rise. Economic growth in emerging economies and developing countries has slowed down‚ in some cases significantly”. A global
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Content Introduction 3 1 Some important financing sources for SMEs 4 1.1 Different stages in raising finance 4 1.2 Venture Capital: a light of hope for the SMEs 5 1.3 Leasing and Factoring: special survival skills 7 2 Difficulties for SMEs in raising finance 8 2.1 Biggest trouble: lack of credit records 8 2.2 Capital constraints 9 2.3 Other barriers 10 3 Conclusion 10 Reference 11 Explain what sources of finance are available for small to medium sized companies and
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Case # 5-0015 Updated August 18‚ 2003 Note on Private Equity Asset Allocation Over the past 20 years‚ managers of institutional capital have increasingly allocated more funds to private equity. During that time period‚ private equity has been an asset class with relatively high returns compared to public stock market indices. However‚ the recent economic downturn has made it clear that this asset class also has significant risks. This note describes the characteristics and challenges of private
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delivery and pricing policies‚ with the product being sold to the agent and distributor. Intermediate entry modes Intermediate entry modes include a variety of arrangement‚ such as licensing‚ franchising‚ management contracts‚ turnkey contracts‚ joint venture and technical know-how or coproduction arrangement. 2Contract manufacturing: it operates in a way that will enable Carlsberg to have a foreign sourcing (production) without making a final commitment. Management may lack resources or be unwilling
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personal use only. THE SOCIOLOGY OF ENTREPRENEURSHIP Patricia H. Thornton Department of Sociology‚ Duke University‚ Durham‚ North Carolina 27708; e-mail: thornton@soc.duke.edu KEY WORDS: entrepreneurs‚ new ventures‚ organizational founding‚ demand side perspective‚ intrapreneurship‚ venture capital‚ initial public offerings‚ ABSTRACT Recent research on entrepreneurship by sociologists has focused on subsectors of the discipline rather than on entrepreneurship as a class. This review draws insights
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Introduction to Entrepreneurship Looking for Capital When Joyce and Phil Abrahams opened their bookstore 1 year ago‚ they estimated it would take them six months to breakeven. Because they had gone into the venture with enough capital to keep them afloat for nine months‚ they were sure they would need no outside financing. However‚ sales have been slower than anticipated‚ and most of their funds now have been used to purchase inventory or meet monthly expenses. On the other hand‚ the store
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Why Has IPO Underpricing Changed Over Time? Tim Loughran and Jay Ritter* lu the l9SOs. the average first-day rcliirn on inilial public offerings (IPOs) was 7%‚ The average firsl-day return doubled to almost I5 ’ ’ ’i during 1990-1998. before jumping to 65% during Ihe internet bubble years of 1999-2000 and then reverting la / i % during 2001-2003. We attribute much of the higher underpricing during the bubble period to a changing issuer objective function. We argue that in the later periods there
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Data Clear’s Dilemma: “To go global or to stay local?” Submitted to: Mrs. Helder Submitted by: Vanesa Cividini‚ Class:2IBMS3 SN: 20030864 Date of Submission: 21st February‚ 2005 Table of Contents 1-Introduction 3 2-Problem definition 3 3-SWOT Analysis 4 4-Analysis 5 4.1-Stay Domestic 5 4.2-Go Global 7 5-Conclusion/ Recommendations 9 6-Bibliography 10 7-Appendix 11 7.1-SWOT Analysis table 11 1-Introduction Data Clear (D.C.) is a pioneer in data analysis software. For a while‚ D.C. had this
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smaller enterprise with fewer brands‚ and yet going forward some believe that the new GM could be a much more profitable enterprise. One major reason for this optimism was the success of its joint ventures in China. GM entered China in 1997 with a $1.6 billion investment to establish a joint venture with the state-owned Shanghai Automotive Industry Corporation (SAIC) to build Buick sedans. At the time the Chinese market was tiny (fewer than 400‚000 cars were sold in 1996)‚ but GM was attracted
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