Measures and Suggestions 1) From the macro strategy should be to foster enterprise core competitive power as the center, establish the internationalization development strategy The core of the international strategy is to improve the international competitiveness of enterprises through innovation. Will enhance the enterprise the competitive ability, is not only the demands of the development of enterprise itself is also the need of improving national competitiveness under the economic globalization
there are capital assets enough to drive the process and capital markets mature enough to create a dynamic force. Capital market maturity here is measures in terms of instruments, institutions, players, policies and flows. Technology could become a driving force if parameters of technological innovation measure up to global innovation standards. Those standards could relate to the volume of patents, patent product and process conversion, patent process conversion and. Productivity is a depended function
fuelled by the inevitable differences between the (corporate) cultures of different business units or different partners engaged in a merger or acquisition. This cultural gap cannot be overcome by merely imposing one’s cultural aspects on others, a process that is called cultural imperialism by Hamelink (1983). Instead, a balance between the different cultural aspects has to be sought. Ideally, a geocentric mindset is applied, which should result in the creation of a shared culture in which cultural
started after 1980, which Kunnanatt describes as the time of “mega-globalization”. This period shows significant change in communication technology and an ongoing process of “large developing countries opening up their economy to international trade”. Drivers of globalization John Wild identified two main drivers of the globalization process in his book “International Business”, “falling barriers to trade and investment” and “technological investment”.. The first driver can be supported by the creation
on the way how humans communicate and allow for a greater reach among business and government partnership aided by innovation and technology. With that said, globalization can be defined as a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. Due the great phenomenon of the term globalization, across the world borders have disappeared and people and their
represented through the third layer. The social network layer connects people on an individual level and shows how humans or group humans are important as transfer unit and users of knowledge. This layer is strongly related to the social interaction process characteristic of a business
independent. However, there is no relationship between each two of them (Buckley and Casson, 1998). Although, the OLI theory is changing with time goes by, it can’t reflect the changing international production activities, especially from firm’s strategies models (Buckley and Casson, 1998). Furthermore, the OLI theory can only be applied to micro analysis but its macro analysis ability is doubted (Kojima,
and non-equity or high control and low control entry modes. Yet, despite the limitation of this approach, Brouthers (2002) as well as Poppo and Zender (1998) find evidence that companies that have based their entry mode choice on a transaction cost model experience notably better performance regarding both financial and non-financial
corporation was originally established in United States. In the present, Wal-Mart has been operating in 26 countries outside of the U.S. These countries includes Central America, China, Japan, India and many more. This report also examined the internationalization process that Wal-Mart adapted when it entered India and why the specified entry mode was chosen. 2. Introduction on Wal-Mart Wal-Mart, founded in 1962, is a well known American that company operates warehouse
not only the differences among individuals but the acceptance and inclusion of this differences. In order to have a better understanding of diversity an important model to consider is the four layer diversity model, first introduced by Marilyn Loden and Judy Rosener and modified in 2003 by Lee Gardenswartz and Anita Rowe. The model consists on the depth of and visibility of individuals differences. As shown in Exhibit 1.1 the core dimension is personality, which is the main factor in all kind of