Policies Changes due to a new subsidiary in China of a MNE The Case IKEA 1 IHRM: A Key Factor For Success Of A MNE – An Introduction 1.1 The three components of IHRM – a description 1.2 Key elements concerning IHRM – the details 1.2.1 Recruitment 1.2.2 Training and Development 1.2.3 Performance measurement 1.2.4 Compensation 2 The expansion of a Swedish MNE to China – an example 2.1 Sweden and China – a comparison 2.2 The “IKEA way” – an international company from Sweden
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PEST & PESTEL Analysis D EFIN ITIO N “P ES T A N A LY S IS – A N A N A LY S IS O F TH E P O LITIC A L‚ EC O N O M IC ‚ S O C IA L A N D TEC H N O LO G IC A L FA C TO R S IN TH E EX TER N A L EN V IR O N M EN T O F A N O R G A N IZ ATIO N ‚ W H IC H C A N A FFEC T ITS A C TIV ITIES A N D P ER FO R M A N C E.” [1] “P ES TEL M O D EL IN V O LV ES TH E C O LLEC TIO N A N D P O R TR AYA L O F IN FO R M ATIO N A B O U T EX TER N A L FA C TO R S W H IC H H A V E‚ O R M AY H A V E‚ A N IM PA C T O N B U
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Global 2 Imperialism in China and Japan In the 19th century European countries were asserting their power by adopting a new form of imperialism‚ and colonizing many areas. Asia‚ in particular‚ China and Japan‚ became very enticing areas to colonize. While China and Japan were both isolated‚ feudal states‚ they reacted differently such as Japan accepting imperialism and becoming a world power and China rejecting Western ways and being used by Europe. A few Chinese welcomed Western ideas but
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PESTEL China 1. Politics Today’s China is the most populous country in the world and is so one of the most important political and economical forces in the world. 1.1. Country name In English China is official called “People’s Republic of China” https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html and in Chinese “Zhonghua Renmin Gongheguo” https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html. 1.2. Capital The capital of China is Beijing‚ which is located
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NEIGHBORS BUT STRANGERS: KOREA‚ CHINA AND JAPAN For more than 200 countries in the world‚ neighboring countries have the most compassionate ties above all. They may have some things viewed differently‚ but at least they share some basic traits and culture. However‚ this is not the case of the countries Korea‚ China and Japan. These three countries are so close yet so far. The prominent endurance of the civilization of the Chinese along with its phenomenal technological and economic progress
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International Journal of Business and Management; Vol. 7‚ No. 24; 2012 ISSN 1833-3850 E-ISSN 1833-8119 Published by Canadian Center of Science and Education Developing a Multi-Criteria Decision Making Model for PESTEL Analysis İhsan Yüksel1 1 Department of Business Management ‚ Kırıkkale University‚ Kırıkkale‚ Turkey Correspondence: İhsan Yüksel‚ Department of Business Management‚ Kırıkkale University‚ 7140 Kırıkkale‚ Turkey. Tel: 90-318-3573860. E-mail: yuksel@kku.edu.tr Received:
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IKEA in China For IKEA the step into the Chinese market was a big step‚ maybe as big at the first step abroad to Switzerland and the first store on foreign soil (Spreitenbach) in 1973 (Torekull‚ 1999). It meant entering China and its gigantic – at least potentially – consumer market. IKEA targets different group of people in China than in countries later in the IKEA ‘life cycle’ (i.e.‚ life cycle based on how long IKEA has been on a market). The main target group is female customers – 65 %
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Westernization of China and Japan Non Western countries such as China and Japan dealing with the pressure from the West to modernize‚ industrialize‚ and westernize. Japan and China both had significant differences in terms of how both parties dealt and responded to the pressure of West expanding throughout their lands. Although both countries had remarkable differences‚ there were definitely similarities. The differences and similarities on how China and Japan reacted to the western
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PESTEL Analysis In this part all factors‚ which influence the company as a whole but are out of their direct control including wider social‚ political and economic factors shall be explained. The analysis of those factors of the macro-environment is therefore often known as PESTEL analysis.3 PESTEL is an acronym for the six key strategic areas of change: Political‚ Economic‚ Social‚ Technological‚ Ecological and Legal and a technique for understanding the various external influences on a business4
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Japan invaded China in 1937‚ starting the second Sino-Japanese war. he Japanese methodically moved south‚ seizing control of most of eastern China and all of the major ports by the time war broke out in Europe. The Japanese moved up rivers and railroad lines into the interior of China. Resistance to the Japanese fell primarily on the Kuomintang because the Communists were in the remote areas of northwestern China. Also neither Chiang or Mao wanted to weaken their forced by fighting pitched battles
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