...General Electric’s Joint Ventures Sarah Henning Marian University - International Business (BUA-310) Abstract This paper will examine GE’s international business and look at their preferred entry modes into foreign countries. It will examine the pros and cons of acquisitions, Greenfield ventures, and joint ventures. The paper will look at GE transition from one entry method to another. General Electric’s Joint Ventures General Electric used to prefer acquisitions or Greenfield venture as an entry mode rather than joint ventures. While joint ventures offer firms the opportunity to share costs and risks it also gives joint control to both partners. Joint ventures have many significant disadvantages. General Electric when entering into a joint venture risks giving control of its technology to its partners. They also would not have as tight of control over their subsidiaries that it might need to realize experience curve or locations economics. Finally shared ownership arrangements can lead to conflicts and battles for control between the investing firms if their goal and objective change over time, or if they take different views to what the venture’s strategy should be. GE has found that as much as it would like majority ownership, or even a 50/50 split, sometimes it has to settle for a minority stake to gain access to a foreign market. (Hill, 2006, p. 441) There are three major benefits to Acquisitions...
Words: 1109 - Pages: 5
...the 1970s, the thought process behind ACL reconstruction took a more mechanical based approach. Doctors began to conduct strength testing on the various ligaments comprising the knee joint in order to better understand the respective roles of the ligaments involved (6), (7). Through the research published in The Journal of Bone and Joint Surgery by John Kennedy and Peter Flower, it was learned that the medial capsular ligament and tibial collateral ligament failed under rotational loading prior to failure of the ACL (7). Even though the results definitively suggested that ACL failure was induced by isolated trauma, the surgical advancements developed in the era were predicated around resolving the rotational instability of the...
Words: 1202 - Pages: 5
...Running head: BEING ACCOUNTABLE: UTILIZING EVIDENCE-BASED Being Accountable: Utilizing Evidence-Based Research Grand Canyon University NRS 430V Professional Dynamics August 27, 2011 Being Accountable: Utilizing Evidence-Based Research Merriam-Webster defines accountability as “an obligation or willingness to accept responsibility or to account for one’s actions” (Merriam-Webster, n.d.) What does this term mean from the global healthcare perspective? In the healthcare arena, it is a legal, moral, and ethical term used to describe healthcare providers’ obligation to themselves, their patients, and to society as a whole. The nurse is an integral part of the healthcare team that contributes to accountability realm. How does this concept translate into everyday professional nursing practice? According to the American Nurses Association, “accountability means to be answerable to oneself and others for one’s own actions. The nurse acts under a code of ethical conduct that is grounded in moral fidelity and respect for the dignity, worth and self-determination of patients.” (p. 9). The ANA developed the Code of Ethics for Nurses as a tool or guideline for the nurse to “carry out nursing responsibilities in a manner consistent with quality in nursing care and the ethical obligations of the profession” (ANA, n.d.). Nurses have a responsibility for the care they provide during their nursing practice. To whom is the professional nurse responsible and accountable? Nurses are...
Words: 1010 - Pages: 5
...The accreditation process is designed to assist healthcare establishment to identify and enhance the patient’s safety and the quality of service delivery. This paper presents a review of the readiness Nightingale Community Hospital for accreditation audit. The paper comprises of a periodic performance review of the establishment. The review has focus of several priority areas. These areas include; assessment and care; quality improvement; patient safety, and staffing effectiveness. Trend within the hospital indicates the Nightingale has made significant progress towards fulfilling the standards of the Joint Review Commission. However, the trends in staffing effectiveness are limiting the organization’s compliance. Periodic Performance Review (PPR) The PPR is based on data collected in the Joint Commission Survey. The survey utilized the priority focus methodology to evaluate the compliance of Nightingale Community Hospital. The priority focus process is a methodology that makes use of data to establish priority areas for reviewing compliance. This process has utilized of both external and internal data to evaluate the compliance of Nightingale Community Hospital. This methodology identified several priority areas. These include; assessment and care services; quality improvement activities, and patient safety. This paper evaluates Nightingale’s compliance in these three priority areas. Compliance Status The PPR process has also focused on assess the activities that Nightingale...
Words: 2525 - Pages: 11
...Conference on Corporate Governance Garrow A New Hypothesis on the Determinants of Acquisitions Nigel Garrow Introduction Merger and acquisition (M&A) activity is a significant factor in business in most advanced economies. According to Thomson Reuters, the value of M&A deals completed globally during the 12 months to November 2009 was US$1.8 trillion. However, the acquirers’ shareholders often lose value. Much of the literature on M&A is centred on the UK and US markets, with only a modest level of research within Australia This paper suggests a new proposition to explain why M&A activity may be value destroying for the acquirers: Success or failure for the acquiring firm’s shareholders in M&A is a function of the combined tenure, personal motivation, and recent performance of the Chairman and Chief Executive Officer (CEO) of the acquiring firm. This examination of the combined effectiveness of the Chairman and CEO is not something that appears to have been undertaken before. The paper will present the constituent hypotheses of the main proposition, followed by a literature review, a presentation of findings from a pilot study, conclusions and next steps. Four constituent hypotheses, each of which refers to the performance of the Chairman and CEO, arise out of the pilot study: Hypothesis 1. The length of time that the Chairman and CEO of the acquiring firm have been together in their respective positions at the time of the acquisition will determine the success or otherwise of the...
Words: 5864 - Pages: 24
...QI Plan Part I- Consumerism HCS/588 October 17, 2011 QI Plan Part I- Consumerism Healthcare organizations have a responsibility to its consumers and various stakeholders to ensure only the highest quality care is delivered. Quality measures such as performance measurement and quality improvement processes play a critical role in helping organizations achieve quality outcomes. This paper will contrast performance measurement and quality improvement processes. In addition, this paper will discuss a healthcare organization, Gulf Coast Medical Center, its mission and QI goals, and the role of the consumer and stakeholders in the QI process. Performance Measurement vs. Quality Improvement Processes Performance measures are an important element of the overall quality management of an organization. “Performance measures quantitatively tell us something important about our products, services, and the processes that produce them” (Oak Ridge Institute for Science and Education, n.d.). In the healthcare industry, performance measures are a tool used to help understand, manage, and improve what healthcare organizations do. Performance measures are composed of units of measure; a number to tell how much, a unit to give the number a meaning of what, each tying in to the overall target number. In contrast, quality improvement (QI) focuses on bridging the gap between current levels of quality and expected levels of quality. “QI uses...
Words: 1321 - Pages: 6
...During a martial arts demonstration a 16-year-old black belt taekwondo practitioner heard a popping sound and felt a pull in the posterior upper thigh while performing an axe kick. The axe kick motion involves a rotation and flexion of the trunk assisting in a quick flexion of the coxal joint through a swing phase raising the foot at, or above the practitioners’ head height. The motion is immediately followed by extension of the trunk and the coxal joint accelerating the descent of the foot onto its target. The practitioner experienced the occurrence of the injury at the terminal swing phase. She experienced an immediate onset of pain in the right upper hamstring and an inability to remain in an upright position. Flexion, extension, and medial and lateral rotation of the coxal joint results in pain and significant guarding. Diagnosis performed by a sports medicine doctor was a secondary hamstring strain injury (HSI) at the musculotendinous junction of the biceps femoris on the ischial tuberosity. Clinical testing ruled out other pathologies. Initial prescription involved RICE (Rest, Ice, Compression, Elevation) protocols while inflammation is present. During the proliferation phase MICE (Movement, Ice, Compression, Elevation) are implemented to increase range of...
Words: 716 - Pages: 3
...Team Dynamics is how a group of two or more that works together for a common goal. One definition of a team is: two or more individuals associated in some joint action. (Webster’s New Collegiate Dictionary (1976). In the business & education world, these joint actions should have some mission or objective that achieves results like a research paper. My Team C has come together with a common goal: Writing a successful paper for week 5 on “What safeguards exist currently to ensure academic honesty & are they working?” For this to be possible we must learn how to work as a team. Although a team needs to work together as a unit to accomplish the end goal, a team needs a leader to provide direction. The leader is responsible for making sure the team runs smoothly. They need to brief each team member on the objectives, delegate responsibilities, analyze any potential threats the team might have, establish the communication plan, ensure positive 2-way communication is established during critical situations, and have a back-up plan in case something falls through. Leaders also need to make sure that every team member feels validated and respected. This can be accomplished by listening to their questions, and acknowledging and understanding their challenges. These small tasks help build trust within the team. Something a leader should avoid when assigning tasks is putting each team member in an assigned box. This brings on a state of mind that the team member is only allowed to do...
Words: 306 - Pages: 2
...Auditor Independence and Non-Audit Services: A Literature Review Vivien Beattie University of Stirling and Stella Fearnley University of Portsmouth TABLE OF CONTENTS Page List of tables and list of figures About the authors v vi List of abbreviations vii Executive summary ix Part 1 Auditor independence 1 Introduction 1 1.1 1 1.2 The ‘problem’ of non-audit services (NAS) 1 1.3 The current UK regulatory and professional environment 2 1.4 Motivation for this study 3 1.5 2 The role of audit in regulating capital markets Structure of report 3 Auditor independence 4 2.1 Introduction 4 2.2 Definitions of auditor independence 4 2.3 Economic models of auditor independence not including NAS 5 2.4 Models of auditor pricing and independence in the presence of NAS 5 2.5 2.6 Economic power models of auditor independence Moral psychology, ethical reasoning and independence 8 8 2.7 Broader based studies into auditor decision making 9 2.8 Summary and comments 11 Part 2 Current regulatory frameworks 3 Auditor independence and NAS: analysis of current regulatory frameworks 3.1 Introduction 13 13 3.2 Regulation of auditor independence 13 3.3 Independence in professional and legal regulatory frameworks 13 3.4 3.5 Independence and NAS Overall economic dependence 19 22 3.6 Small companies 22 ...
Words: 35226 - Pages: 141
...our customers, * Provide shareholders with attractive returns, and * Create an environment in which shared human values and personal commitment prevail. In order to achieve the goals in the Domtar mission statement, Royer established and communicated strategic direction and specific goals. The new strategic direction that Royer set for the company was one of preferred supplier status in the pulp and paper industry. The organization’s new goals focused on vastly improving return on investment and quality in customer service. Domtar was able to achieve and surpass its goals, all while keeping costs down, by focusing on Royer’s three pillars to the company: customers, shareholders, and ourselves. Notice the clear alignment when you compare Domtar’s mission, goals and pillars. The key component is what Royer meant by “ourselves.” He meant tapping into and motivating ALL employees in the organization. Royer knew that he and his executive team could not create the turnaround that Domtar’s balance sheet so desperately needed. Royer himself knew nothing of the pulp and paper industry before coming into the Domtar CEO position. But what he did know was how to create an organizational culture of empowerment, knowledge sharing and process improvement. And that’s exactly what he did through Kaizen events, transparent communication tactics and ongoing training that went beyond the typical job skills training. Armed with this new way of thinking, employees started to feel more like...
Words: 1430 - Pages: 6
...Department of Justice Ministère de la Justice Canada Canada WORKING DOCUMENT THE EFFECTS OF DIVORCE ON CHILDREN A Selected Literature Review Research and Statistics Division October 1997 WD1998-2e UNEDITED Research and Statistics Division/ Division de la recherche et de la statistique Policy Sector/ Secteur des politiques WORKING DOCUMENT THE EFFECTS OF DIVORCE ON CHILDREN A Selected Literature Review Research and Statistics Division October 1997 WD1998-2e UNEDITED The views expressed in this paper do not necessarily reflect those of the Department of Justice Canada. iii TABLE OF CONTENTS 1.0 INTRODUCTION ....................................................................................... 1 2.0 LIMITATIONS OF THE RESEARCH .............................................................. 3 3.0 FACTORS AFFECTING CHILDREN’S POSTDIVORCE ADJUSTMENT ................. 6 3.1 Child Characteristics............................................................................ 6 3.1.1 Gender ................................................................................. 6 3.1.2 Age at Divorce ....................................................................... 8 3.2 Family Characteristics.......................................................................... 9 3.2.1 Socio-economic Status .............................................................. 9 3.2.2 Ethno-cultural Background...................................................
Words: 16723 - Pages: 67
...Introduction Nowadays the world is in a constant change and as a result the business environment has become significantly more complex and rewarding on the one hand but more demanding and risky on the other . Consequently, in their attempt to gain competitive adva ntage, firms frequently expand their operations to new foreign markets and their choice o f how to enter those markets is influenced by a wide variety of factors. This paper will only focus on developin g a conceptual model of the influence of national culture on the entry mode decisions by combining two international business themes : the multi - national business perspective with the ho me and ho st country influences. The paper will be structured as follows: firstly, a short review of the theories used, more precisely of the hierarchical model of market entry modes and of Geert Hofstede’s model of five cultural dimensions of national culture , will b e provided . Secondly, a conceptual model will be developed, proposing that national culture influences choices between equity and non - equity, as well as within the equity category, but not within the non - equity category. Finally, several conclusions will b e drawn . A multi - national business perspective - The hierarchical model of m arket entry modes – When deciding to enter a new market, firms are confronted with a wide variety of different entry modes to choose from, taking into account their desired level...
Words: 2467 - Pages: 10
...The Emerald Research Register for this journal is available at www.emeraldinsight.com/researchregister The current issue and full text archive of this journal is available at www.emeraldinsight.com/0957-4093.htm An integrative framework for supply chain collaboration Togar M. Simatupang School of Business and Management, Bandung Institute of Technology, Bandung, Indonesia, and Framework for supply chain collaboration 257 Ramaswami Sridharan University of Wollongong in Dubai, Dubai, United Arab Emirates Abstract Purpose – This paper proposes an integrative framework for supply chain collaboration which is based on the reciprocal approach. Design/methodology/approach – A reciprocal approach is adopted to capture the interaction phenomenon of different features of collaboration in attaining overall supply chain performance. Findings – A collaborative supply chain framework is composed of five connecting features of collaboration, namely collaborative performance system, information sharing, decision synchronization, incentive alignment, and integrated supply chain processes. Research limitations/implications – Further research could be carried out to capitalize the framework for diagnosing and improving supply chain collaboration. Practical implications – The proposed framework enables the chain members to scrutinize key features of supply chain collaboration before and during collaborative initiatives. Originality/value – Previous research on supply chain collaboration...
Words: 8437 - Pages: 34
...The paper by Aoba and Fejerskov written in 2002 talks about a hypothesized mechanism being a dose-related disruption of the mineralization which causes the teeth to become porous with a decrease in proteins. This degradation of the teeth is thought to be from a breakdown of the matrix proteins and the way the by-products are drawn out from the aging enamel (Aoba and Fejerskov, 2002). There are different forms categorizing the severity of enamel fluorosis. Mild enamel fluorosis is seen as white striations or opaque patches while in moderate or severe cases the opaque spots extend and the porosity increases (NRC Ch.6,1993). If the damage is severe enough there can be many dental health issues, including an increase in caries later in life. These...
Words: 998 - Pages: 4
...Running head: LITERATURE SEARCH TO LOCATE RESEARCH ARTICLE According to the reports published by the Centers for Disease Control and Prevention Injury Centre (2007), falls are the third most common cause of unintentional injury death across all age groups and the first leading cause among people 65 years and older (Tzeng, H., & Yin, C. (2008). A hospital can be a dangerous and erratic place for inpatients because of its unfamiliar physical environment (different from their home settings) and because of changes in patients’ medical conditions as related to their physical and psychological health and sensory systems (Tzeng, H., & Yin, C. (2008). The following research articles focus on the nurses’ role in preventing and managing patient falls in the hospitals. As part of the assignment abstract from the articles are included. Literature Search 1: Nurses’ Solutions to Prevent Inpatient Fall in Hospital Rooms. Abstract Patient fall rates are perceived as the indicator that could be most improved through nurse-led safety strategies or interventions. A safety-driven design with a goal to prevent inpatient fall-related injuries should be a hospital design principle. In this qualitative study, researchers used inductive and deductive methods to understand the clinically accessible solutions to minimize the extrinsic risk factors of inpatient falls. The findings from the nurse interviews were compared with the intervention strategies toward...
Words: 835 - Pages: 4
