Under the circumstances, a Japanese company should engage in a joint venture that allows for considerable control on the part of the managing, local entity in Sweden for day-to-day human resource activities. If a Japanese manager expects Swedish employees to act Japanese, and to obey organizational protocols without question, he or she is setting the agreement up for failure.
When designing an organizational structure to take advantage of international opportunities, the culture and the government structure of the nation are two essential components to consider: Sweden, for example, tends to have a very worker-friendly culture, with heavily subsidized child care, nationalized healthcare, and generous benefits such as pensions and sick leave. While Japan also manifests many of these features, it also depends on a high level of personal worker sacrifice to function. In Japan, an individual's identity is linked to his or her social role in relation to corporate employment. In…...
mlaReferences
Business culture in Sweden. (2010). Business Culture. Retrieved October 17, 2010 at http://www.sverigeturism.se/smorgasbord/smorgasbord/industry/business/culture.html
The Japanese company in Japan's culture. (2009). Japanese business culture.
Retrieved October 17, 2010 at http://www.venturejapan.com/japan-business-culture-company.htm
Joint ventures: Overview. (2010, August 19). Cornell Law. Retrieved October 17, 2010 at http://topics.law.cornell.edu/wex/Joint_venture
Joint Venture Partner for HP Inc.
Candidate Companies
LG
Daewoo
Samsung
Assessment of Candidate Companies
LG
Daewoo
Samsung
Investment ecommendation
Team Fab Five have recommended that HP target South Korea for an acquisition. The acquisition should be undertaken as joint venture with a suitable partner. To determine the most suitable partner, potential joint venture collaborators must first be identified, and HP should determine what they would like to gain from the alliance, which will be used as a basis for assessment of the potential partners.
HP is a well-known leading player in the international markets focusing on personal computers, printers, and related hardware (HP Inc., 2016; Kitagawa, Jump, & Lam, 2016). The firm emerged in 2015 following the split of HP in 2015 (Kitagawa et al., 2016). The firm is now seeking to expand and increase its foot print, but has suffered as a result of the slow economy, this is reflected in the announcement that HP are expecting planning…...
mlaReferences
Bradshaw, T. (2016). Doj weighs in on Apple v Samsung patent case. Finaical Times. Retrieved from https://www.ft.com/content/92fed5dc-2e0a-11e6-a18d-a96ab29e3c95
Bridge Engineering and Design. (2016). L&T and Daewoo scoop contract for River Ganga bridge. Retrieved from http://www.bridgeweb.com/LT-and-Daewoo-scoop-contract-for-River-Ganga-bridge/3868
Christopher, M. (2011). Logistics and supply chain management. Harlow: Financial Times/ Prentice Hall.
comScore. (2016). comScore Reports January 2016 U.S. Smartphone Subscriber Market Share. Retrieved from https://www.comscore.com/Insights/Rankings/comScore-Reports-January-2016-U.S.-Smartphone-Subscriber-Market-Share
Eli Lilly entered into a joint venture agreement with Ranbaxy to produce and market pharmaceuticals on the Indian market in the early 1990s. Eight years later, the parties are re-evaluating the venture. Ranbaxy was considering selling its stake and Lilly was unhappy with aspects of the arrangement as and wanted to re-frame it going forward. Eli Lilly brought a number of assets to the deal, including its patents and its brand name. Ranbaxy brought access to channels in the Indian market and expertise in drug synthesis. Ranbaxy could produce drugs at costs 50 to 75% lower than those of comparable U.S. plants (Schaan and Kelly, n.d.).
The Joint Venture
The arrangement between Eli Lilly and Ranbaxy was set up as a joint venture. Lilly wanted to procure inputs from Ranbaxy, but also saw a deal as an opportunity to enter the Indian market. Ranbaxy saw teaming with Lilly as opportunity to grow,…...
mlaWorks Cited:
QuickMBA. (2010).
Foreign market entry modes. QuickMBA. Retrieved November 30, 2012 from http://www.quickmba.com/strategy/global/marketentry/
Schaan, & Kelly, (no date) Cases in Alliance Management.
Turowski, D. (2005). The decline and fall of joint ventures: How JVs became unpopular and why that could change. Journal of Applied Corporate Governance. Vol. 17 (2) 82-86.
This is where a company will seek to purchase competitors through: buying the stock of the other company (in the same industry). The idea is that by reducing the total amount of competitors, an organization will be able to have greater control over prices and consumer choices. In the health care industry this is problematic, as any kind of mergers / joint ventures could be considered to be an attempt to restrict choices. At which point, it is possible that the government could use this law to limit the overall activities of the company. This is because, they could make an effective argument that any kind of reduction in the amount of competition will adversely affect consumers. As the odds increase dramatically, that any attempts to consolidate will be considered to be anti-competitive. Given the fact that costs are increasing, any type of negative reaction could cause the organization,…...
mlaBibliography
The Sherman Anti-Trust Act. (2010). Linfo. Retrieved from: http://www.linfo.org/sherman.html
Cushman, R. (1999). Construction Law Handbook. Gaithersburg: Aspen.
Hall, M. (2009). Health Insurance Profit Soars. AFL CIO. Retrieved from: http://blog.aflcio.org/2009/05/27/health-insurance-profits-soar-as-industry-mergers-create-near-monopoly/
Hewitt, I. (2004). Joint Ventures. London: Sweet and Maxwell.
The study also found that there is an inflexion point of IJV shared performance in industries that have initially large technology gaps. As emerging firms approach greater parity of technology use, closing the gap with their peers and the IJV partner, the greater the reliance and dependence on the IJV partner becomes. The two hypotheses of the study theorize that there is an inverted U-shaped curve of influence between IJV partners and nascent firms, meaning the greater the dominance of the IJV partner and depth of technology, the less likely an emerging firm will stay autonomous. The first hypothesis stated that a U-shaped curve of influence indicates both a negative and positive contribution to indigenous firm's innovation and autonomy. Maintaining an equilibrium of influence by industry mitigates the negative aspects of IJV influence while ensuring indigenous firms get just enough support without making them too dependent.
The second hypothesis is that…...
mlaReference
Li, J., & Zhou, C.. (2008). Dual-edged tools of trade: How international joint ventures help and hinder capability building of Chinese firms. Journal of World Business, 43(4), 463.
One of these is Chapter 2 of Title 15, ubchapter 1, ection 45. This ection regulates unfair methods of commerce and competition. These methods are declared as unlawful under the act. The ection specifically relates to national and local practices, as opposed to foreign trade, and therefore applies to our proposed partnership. "Unfair" practices are defined as those practices that are likely to cause some injury to other businesses within the United tates, or involving material conduct within the United tates. When businesses engage in unfair or deceptive acts of commerce, they are obliged by law to provide remedies to all injured parties, whether foreign or domestic.
The herman Act of 1890 and all its amendments should also be carefully scrutinized and implemented in our partnership ventures. This Act is the basis upon which most antitrust American laws are built. Generally, businesses are prohibited from creating unfair competition in terms…...
mlaSources
American Antitrust Institute. (2007). Codes: Federal Antitrust Statutes & Regulations. http://www.antitrustinstitute.org/Antitrust_Resources/Antitrust_STATUTES/index.ashx
Legal Information Institute (2008). U.S. Code collection: Section 45. Unfair methods of competition unlawful; prevention by Commission. http://www4.law.cornell.edu/uscode/15/45.html
Title 15 (2001): Section 18a: Monopolies and Combinations in Restraint of Trade. http://www.ftc.gov/bc/docs/statute.pdf
Although Altria is a large corporate conglomerate, within its alcoholic subsidiaries it cannot sell at volume like Anheuser-Busch, to maximize value, cut costs, and to keep the beverage's price point low for commercial beer drinkers (the target market). Altria's division SABMiller and Canadian brewer Molson- Coors thus combined their U.S. brewing operations into a joint venture called MillerCoors in 2007. "The joint venture will be 58% owned by SABMiller and 42% owned by Molson-Coors with each having an equal voting interest in an all-out effort to cut costs to better compete against the dominance of Anheuser-Busch (NYSE:BUD) and the solid Budweiser brands" ("Altria: The hidden SABMiller & Molson Coors winner," 2007, 247 all Street.).
The aim of this joint venture was a price-based strategy -- cut costs though consolidation of resources and thus become more competitive against Anheuser-Busch. Lowering prices would be more feasible to draw in new cost-conscious commercial…...
mlaWorks Cited
About Altria overview."(2008). Altria Group. Retrieved 31 Aug 2008 at http://www.altria.com/about_altria/1_0_AboutAltriaOver.asp
Altria: The Hidden SABMiller & Molson Coors winner (MO, TAP, BUD)." (9 Oct 2007). 247
Wall Street. Retrieved 31 Aug 2008 at h ttp:/ / www.247wallst.com/2007/10/altria-the-hidd.html
The China National Tobacco Corporation and Philip Morris International announce the establishment of a long-term strategic cooperative partnership." (21 Dec 2005). Altria Group. Retrieved 31 Aug 2008 at http://www.foxbusiness.com/story/markets/industries/industrials/acks-analyst-blog-highlights-philip-morris-altria-group-houston-wire-nl
Technical Systems
Persistent Technicals Inc. (PTI) established in 1985, is a fast-growing dominant leader in system automation that specializes in the BOT (Build-Operate-Transfer) methodology suited primarily for the municipal industry. With over 7,000 jobs, in its almost three decades of operations and experience, PTI commands a domineering presence in the industry it operates. Its business acumen, technological expertise, range of sactivity and financials are much better than most of the other companies that compete in the industry.
Engineering services provided by PTI include process information management, distributed control systems (DCS), programmable logic controllers and SCADA, project management, along with human machine interface (HMI), power monitoring,, the design and programming of remote telemetry, instrumentation, variable speed drives, motor and motion control, temperature control, and. It also provides for installation, commissioning and training, Custom panel fabrication, and technical on-site services.
The company has good insight of smaller third-party collaborations whose help is needed by…...
mlaReferences
Technical Systems, Inc. (n.d). Retrieved from: / technical%20systems%20job%20cost%20and%20service%20management%20software%20case% 20study_20100224012352.pdfhttp://www.wennsoft.com/uploads/casestudies
In this particular sense, private and state institutions made decisions that would aid them produce and sell more, in the hope of registering increased profits. They however neglected the natural resources of the land and most of the strategies implemented damaged the land, eliminated greenhouse gases and increased pollution. The country is only now trying to adapt their decisions to the requirements of the environment and laws are being voted to reduce eliminated waste and to encourage recycling. In China on the other hand, environmental protection has been a more central point in the decision making process and the Chinese population, however existent in impressive numbers (over 1.3 billion), has not generated severe side effects upon the planet. A relevant example of how the Chinese manufacturers implemented environment protection strategies resides in their production of small size and fuel efficient vehicles which - in comparison to the luxurious, large…...
mlaReferences
Stanbury, J., Case 14: A First-Time Expatriate's Experience in a Joint Venture in China, Comprehensive Cases
Lim, L.H., Raman, K.S., Wei, K.K., 1990, Does GDSS Promote More Democratic Decision Making? - the Singapore Experiment, System Sciences, Volume 3, Issue 2-5 January, pp.59-68
Leonard, a., 2008, the Story of Stuff, accessed on March 28, 2008http://storyofstuff.ethicalbrand.org/last
Singapore: History, Asian Studies Network Information Center, accessed on March 28, 2008http://inic.utexas.edu/last
al.); (Rahman, 136- 138) (Dasgupta)
From the segmentation analysis and mobile content revenues forecast, the need for launching the low-cost and ultra-low cost mobile cellular phone business in India based on value-added services that can be incrementally added to consumers' accounts is preferable to concentrating only on price alone. Creating the unique value proposition for the service based on mobile content also is attractive to potential partners who are necessary for the nationwide success of the company across India's broad geographic regions. This concentration on value-added services is also critical when the competitors to the proposed company are also taken into account. The following section provides insights into the competitive landscape in India for cellular and telecommunications.
Competitive Landscape and Analysis
The following is an analysis of the competitive landscape of providers that the proposed company will need to partner with in some cases, and compete with in others. Clearly the most important…...
mlaBibliography
AMR Research Study. Research Alert on Cellular Phone Costing and Forecast Alert. August 2005. Boston, MA. ABI/INFORM Trade & Industry. ProQuest.
Mike Clendenin. "Tale of two cell phone markets: INDIA and CHINA. " Electronic Engineering Times 4 Jun 2007: 33-34. ABI/INFORM Trade & Industry. ProQuest.
Nibedita Das. "Technology, efficiency and sustainability of competition in the Indian telecommunications sector. " Information Economics and Policy 12.2 (2000): 133-154. ABI/INFORM Global. ProQuest. 6 May. 2008
Anjan Dasgupta. Competition Policy in Telecommunications - a Case Study of India. 2005. ABI/INFORM Global. ProQuest. 8 May. 2008
Cross-oundary Offshore Oil & Gas Resources
Joint Development Agreements & Frameworks
1/6/2014
[Type the company name]
User
Table of Contents
1. Introduction 3
2. The rule of capture 3
3. The CooperationApproach 4
4. Legal framework to develop trans-boundary offshore O&G resources 5
4.1 Cross-border unitization agreements 6
4.2 Joint Development Agreements (JDA) 6
4.3 National law and its application in Co-operative Agreements 7
4.4 ilateral treaties for trans-boundary oil and gas exploration 7
4.5 The Framework Agreement Approach 9
4.6 The Third Party approach to dispute resolution 10
5. Conclusion 10
ibliography 11
Treaties & Conventions 11
ooks 11
Articles 12
Websites 13
1. Introduction
Subsea resources such as petroleum and natural gas are important sources of meeting the energy demand of countries. Cross-territory disputes are arising among different countries. Advancement in technology in exploration and extraction of subsea resources has expedited the overall procedure of competitive drilling. This is due to aggressive efforts by each country to explore its subsea resources. Since oil and gas reserves migrate towards lower pressure areas,…...
mlaBibliography
Treaties & Conventions
Cross boundary petroleum cooperation between the UK and the Kingdom of Norway 2005
Treaty, Timor Sea. "Agreement between the Government of Australia and the Government of the Democratic Republic of Timor-Leste relating to the Unitization of the Sunrise and Troubadour fields Department of Foreign Affairs and Trade, Canberra (Dili, 6 March 2003)(1)." Accessed from
U.S-Mexico Trans-boundary hydrocarbons agreement 2012
3 Squares Restaurant and Sustainability
The analysis on the 3 Square Restaurant shows a wide variation regarding their marketing potential as well as the challenges they encounter in the process. Critically looking at 3 Square Restaurant, the business has the biggest potential to do great because of the strategies that the top management has instituted (Dimitri, & Oberholtzer, 2009). The implementation of the market segmentation is what has catapulted it to where it is today as more emphasis is placed on allowing their customers enjoy quality products and services developed to suit their needs. Through the marketing strategy, the company is effective; they are engaging, evolving, efficient, evaluating and have a vision for all the stakeholders in the company and most importantly its customers
Strategic marketers recognize the fact that target customers in food service are homogenous. They are never alike. The audiences primarily differ on social affiliations, personal preferences, attitudes, locations…...
Financial Contracting for New Venture:
Investments in a new venture usually involve financial contracts between the entrepreneur and external investors. These external investors include venture capitalists, angel financiers, banks, private financing companies, and credits unions among others. Notably, financial contracts can have positive and negative effects on the new venture. For instance, an angel financier can add a clause on the financial contract that will not permit the entrepreneur to borrow more funds without permission from the lender. While this is likely to occur when the lending institution has a mortgage or lean on the venture's property, the clause is usually added to lessen foreclosure risk. As an individual seeking to venture in a clothing business for the Mixed Martial Arts customers to provide shirts, hoodies/fleeces, and hats, it is important to choose the most appropriate type of financial contracting with the external investor. This process of selecting the most suitable…...
mlaReferences:
Anderson, C. (2013, January 25). 8 Things You Need to Know About Starting A Fashion
Business. The Huffington Post. Retrieved January 10, 2014, from http://www.huffingtonpost.com/2013/01/24/starting-a-fashion-business_n_2534518.html
de Bettignies, J. (2008, January). Financing the Entrepreneurial Venture. Management Science,
54(1), 151-166. Retrieved January 10, 2014, from http://web.business.queensu.ca/faculty/jdebettignies/docs/EntrepFinPrintedVersion.pdf
HRM
International HRM
IHRM issues that occur when organizations undertake cross-border mergers, acquisitions and international joint ventures
Globalization of economic systems has created a new business environment in the last couple of decades. This trend is largely driven by international trade and multinational corporations expanding crossed international borders. One consequence of this trend is that many multi-national corporations (MNCs) have created an international culture of business that is shared to some extent in most corners of the globe. hen an MNC mergers, acquires, or forms a joint venture in a new market then this acts to create a mix of cultures in that new organization and its people. The new culture that arises tends to have many elements of the broader international business culture. Although this trend has been heavily fostered by the business community, it also has spilled over to also affect various social and political norms.
The trend has also made possible…...
mlaWorks Cited
Minbaeva, D., Pedersen, T., Bjorkman, I., Fey, C., & Park, H. (2003). MNC knowledge transfer, subsidary absorptive capacity, and HRM. Journal of International Business Studies, 34(6), 581-599.
Simonin, B., & Ozsomer, A. (2009). Knowledge processes and learning outcomes in MNCs: an empirical investigation of the role of HRM practices in foreign subsidiaries. Human Resource Management, 48(4), 505-530.
Diversify or Not to Diversify
Wal-Mart Corporation (NYSE: WMT) and K-Mart, who is privately held, both have extensive investments in merger, acquisition, joint venture and global market development programs and initiatives. Both companies have had exceptional success with their diversification strategies domestically and internationally. Yet both have also faced very significant challenges and failures too. The intent of this analysis is to compare and contrast the two businesses, analyze the outcomes of their diversification decisions and results. Three primary reasons for their outcomes will be provided in this analysis for each company, and two recommendations will be made that could have made the unsuccessful diversifications more effective.
K-Mart and Wal-Mart: Two Domestic Giants Struggling Globally
The greatest strength both companies have in common is a proven and highly effective unique value proposition that captures the concerns, needs and pains of the price-conscious shopper. Wal-Mart's Every Day Low Price (EDLP) value proposition is…...
mlaReferences
Calandro, J. (2008). The Sears acquisition: A retrospective case study of value detection. Strategy & Leadership, 36(3), 26-34.
Christopherson, S. (2007). Barriers to U.S. style lean retailing: The case of wal-marts failure in Germany. Journal of Economic Geography, 7(4), 451-469.
Craib, D.F. (1985). Sears financial strategy told. National Underwriter.Life & Health, 89(5), 9-9.
Drobian, I. (2010). Sears introduces online advice. DM News, 32(12), 6-6.
Firms meet the challenge of technological change by redesigning their innovation ecosystems in several key ways. This approach involves a strategic overhaul of their internal and external operations, relationships, and culture to foster innovation and adaptability. Here's how they do it:
Embracing Open Innovation: Moving away from solely in-house R&D, firms are increasingly embracing open innovation. This involves collaborating with external entities like startups, academic institutions, and other companies to source new ideas, technologies, and methodologies. This collaboration can take various forms, including joint ventures, partnerships, and innovation hubs.
Investing in Digital Transformation: Firms are investing heavily in digital technologies such as....
Partnership Reference Models for Streamlined Collaboration
In the modern business landscape, strategic partnerships are critical for driving growth, innovation, and competitive advantage. However, managing these partnerships effectively can be complex, especially when multiple stakeholders and objectives are involved. Partnership reference models provide a structured approach to streamlining collaboration, enhancing communication, and ensuring the success of joint ventures.
What are Partnership Reference Models?
Partnership reference models are pre-defined frameworks that provide guidance for establishing and managing business partnerships. They outline best practices, roles and responsibilities, communication protocols, and performance metrics for different types of partnerships. These models serve as a blueprint for collaboration, reducing....
1. Corporate Level Strategy
2. Business Level Strategy
3. Functional Level Strategy
4. Competitive Strategy
5. International Strategy
6. Cooperative Strategy
Competitive Strategy focuses on how a business can gain a competitive advantage in the market. This involves analyzing the competition, identifying strengths and weaknesses, and developing strategies to outperform rivals.
International Strategy involves expanding a business beyond domestic markets. This can include exporting products or services, setting up international operations, or forming partnerships with foreign companies.
Cooperative Strategy involves collaborations and partnerships with other organizations to achieve mutual goals. This could include joint ventures, strategic alliances, or licensing agreements.
By understanding and implementing these various levels of business....
Captivating Essay Topics on Partnership Reference Models in Strategic Management
1. Partnering for Innovation: A Comparative Analysis of Reference Models for Fostering Creativity and Competitive Advantage
Explore the key principles and components of partnership reference models that facilitate innovation.
Compare different models, such as the "Innovation Factory" and "Agile Development," examining their strengths and limitations.
Discuss how partnerships can leverage diverse perspectives, access specialized knowledge, and reduce risks associated with innovation.
2. The Impact of Partnership Structures on Strategic Alignment and Value Creation
Examine the various types of partnership structures, including joint ventures, strategic alliances, and equity investments.
Analyze the impact of....
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