DIAGNOSING INDUSTRY GLOBALIZATION POTENTIAL (Excerpts from G. Yip’s Total Global Strategy) Industry globalization drivers are the underlying conditions in each industry that create the potential for using global strategy. Here we will examine each driver in more depth. To achieve the benefits of globalization‚ the managers of a worldwide business need to recognize when industry conditions provide the opportunity to use global strategy levers. These industry conditions can be
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interval: Lecturing hours per week: Interculatural Management Fanchen Meng MBA Week 4-Week 16 3 Course description: In the context of globalization‚ international cooperation becomes more important in the business world. For many multinational enterprises and managers who are internationally active it is big challenge to handle with the problems caused by cultural differences. This module emphasizes on the cultural issues in the business world. This module consist of basic understanding
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CHAPTER ENTITLED: FRAMEWORK FOR GLOBAL TALENT MANAGEMENT: HR ACTIONS FOR DEALING WITH GLOBAL TALENT CHALLENGES Randall S. Schuler‚ Susan E. Jackson Rutgers University and Lorange Institute of Business Zurich and Ibraiz Tarique Pace University Source: To appear in H. Scullion and D. Collings (eds.)‚ Global Talent Management (London: Routledge‚ 2010). © Randall S. Schuler‚ Susan E. Jackson and Ibraiz Tarique. The authors wish to express thanks for preparatory comments and suggestions to Clemens
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individuals. Corporation: A legal entity created by a state‚ separate and distinct from its owners and managers‚ having unlimited life‚ easy transferability of ownership and limited liability. Limited Liability Company (LLC): A relatively new type of organization that is a hybrid between a partnership and a corporation. Limited Liability Partnership (LLP): Similar to an LLC but used for professional firms in the fields of accounting‚ law‚ and architecture. It has limited liability like corporations but
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Choice of Foreign Market Entry Mode Cognitions from Empirical and Theoretical Studies Xuemin Zhao and Reinhold Decker Dr. Reinhold Decker is Professor of Marketing at the Department of Economics and Business Administration of the University of Bielefeld P. O. Box 10 01 31 D-33501 Bielefeld Germany Phone: +49-(0)521-106-6913 / 3936 Fax: +49-(0)521-106-6456 E-Mail: rdecker@wiwi.uni-bielefeld.de Xuemin Zhao is Ph.D. student of the Graduate School for Economics and Management at the University of
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(1991). ‘Firm resources and sustained competitive advantage’‚ Journal of Management‚ 17(1)‚ 99-120. Beamish‚ P. W.‚ A. Delios and D. J. Lecraw (1997). Japanese multinationals in the global economy‚ Edward Elgar‚ Cheltenham‚ United Kingdom. Beamish‚ P. W. and R. C. daCosta (1984). ‘Factors affecting the comparative performance of multinational enterprises’‚ European International Business Association Conference Proceedings‚ Bettis‚ R. A. (1981). ‘Performance differences in related and unrelated diversified
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working conditions of its Shenzhen factories for the workers and increasing wages was heard this year‚ the worker’s riots in September 23‚ 2012 at the Foxconn’s Taiyuan (Shanxi) factory sparked another global outcry (Roberts‚ 2012). Foxconn is a multinational company based in Taiwan and is one of the world’s largest electronics manufacturing company. One of the major clients of Foxconn is Apple; others include Sony and Hewlett Packard (Wikipedia‚ 2012). According to reports by China Labour Watch (2012)
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Inc to issue New Stock Certificates to the Ancilliary administrator. Benguet refuses to obey the order of the CFI of Manila on the ground that it is in violation of the Corporation By Laws. Issue: Whether or not the Benguet Consolidated Inc is covered by the orders of the COURT. Held: The Supreme Court Held that “a corporation is an artificial being created by operation of law‚ it owes its life to the state‚ its birth being purely dependent on its will”. It is logically inconceivable therefore
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claims of local creditors. However‚ such company challenged the said order invoking some provisions of its by-laws concerning procedures to be followed in surrendering a stock certificate. Issue: Whether a corporation can refuse to yield obedience to acts of its state. Ruling: No. A Corporation is an artificial being created by law. It is a creature without any existence until it has received the imprimatur of the state. Hence‚ it cannot refuse to yield obedience to acts of its state including the
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World Bank and others in order to create a global free market for goods‚ capital‚ labour and services. This political project‚ whilst being significant and potentially damaging for a lot of poorer nations is really a means of profit rendering for multinational companies (IMF‚ 2000). On that same line Wallerstein (2000‚ p. 15) argues that globalisation works in such a way that the countries of the core generally tend to gain advantages on the expense of nations in the periphery. In other words globalisation
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