Case study: DMG-Shanghai. 1. Why do you think that it is so important to cultivate guanxi and guanxiwang in China? I think that it is so important to cultivate guanxi and guanxiwang in China because both of guanxi and guanxiwang are essential to business in China. It is an important mechanism to do a long-term business and getting successful business in China. Guanxi refers to the business connections that are so important to companies doing business in China. Then‚ guanxiwang refers to the relationship
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Laura Ashley and Federal Express Strategic Alliance Laura Ashley is a global clothing and furnishings retailer based in the United Kingdom. They have grown at a very fast rate from operating 231 retail stores in 1986 to 481 stores in 1990. Unfortunately‚ its profits were not increasing as expected due to the inefficiency of its logistics management. There was an over dependence on in-house manufacturing‚ SBUs operated as stand-alone businesses with independent inventory and systems which means duplicated
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10 years Star Alliance from “The airline network for Earth” to “The way the Earth connects” . When the Star Alliance network was founded in 1997 it was the right idea at the right time. Globalisation had started to change the business world and the needs of business travellers from the ground up. The founders of Star Alliance responded by creating an airline alliance‚ which was the first of its kind and still is the most successful in every respect. Usually the world advances in small steps.
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The SonyEricsson alliance In 2001‚ the mobile phone terminal market world was shaken by the announcement of the agreement between two « giants » of their respective worlds. On one side the telecommunication reference Ericsson‚ on the other the entertainment and communications company Sony. As the result of the strategic alliance‚ an agreement focused on their respective mobile phone terminals businesses bringing to life a new joint venture aiming to gain consistent market shares during the
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Description Honda Motor Co.‚ Ltd. (Honda) is one of the leading manufacturers of automobiles in the world. It principally engages into development‚ manufacture and marketing of small and general purpose engines‚ scooters‚ and passenger and specialty sports cars. The company also provides financial services to its customers and dealers. Honda operates its business through 501 subsidiary companies and affiliates. The company operates its business in four segments namely‚ Automobile Business‚ Motorcycle
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Therapeutic Alliance The relationship between a client and a counsellor is an important aspect of the counselling process‚ therefore maintaining a positive therapeutic alliance is essential. Horvath (1994) suggests that the bonding of the client and counsellor in the therapeutic alliance “grows out of their experience of association in a shared activity.” (pg 16) The client may have had a bad experience of counselling before and they have low expectations that counselling will benefit them this
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For General Motors Company Group #2: Roberto Paternina‚ Luvy Garcia‚ Ruperto Granthon‚ Camilla Valdez‚ George Leal‚ Eric Reeves‚ and Rafael Franjul June 16‚ 2012 Introductory description of the business‚ its goals‚ and its markets General Motors Company is an American car manufacturing company that sold 9 million vehicles‚ delivered USD 135M in revenue and USD 6.1 M profit in FY11. The company was founded in Flint‚ Michigan more than 100 years ago. Today‚ General Motors
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there are many laudable things about the agreement like‚ how both the companies want to keep the partnership an open book‚ simple and straightforward with no secrets and surprises‚ there are few things that needs to be contradicted. Making the alliance with “loose structure”‚ leads to inconsistencies when there is a need to incorporate any changes in the future. For example‚ both the companies are dependent on each other based on the trust and mutual understanding‚ but if any change in leadership
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Renault-Nissan Alliance By Po-Chien Chung Department of International Management International Business Dr. Roger Strange 18th March‚ 2010 2930 Words 1 Introduction “The Renault-Nissan alliance‚ currently heralded as one of the most successful in the business‚ represents the combination of two very different organizations‚ structurally and culturally” (Rugman & Collinson‚ 2004). Renault-Nissan alliance is based on trust and reciprocal respect. Its organization is
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Executive Summary Throughout the years there has been an increase in strategic alliance formation in order to combat a number of factors creating uncertainty in the market and to share knowledge and know-how. The formation of alliances has also occurred in the Airline industry; this report discussed how these alliances gain economies of scales and synergies. The deregulation of the airline industry has open doors to more competition sand to further agreements such as the “open skies”‚ these agreements
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