...2) How a small Turkish state-owned company became so huge and successful? What are the main challenges it had to face and how did it tackle them? What are the main actual and future issues for a company that is expanding quickly and widely? We will try to give an answer to these questions in the paper: starting from an essential and short presentation of Turkish Airlines historical evolution, making a synthetic overview of its main strategies and analyzing the past and the future challenges in developing countries such as India. Turkish Airline historical steps towards internationalization. The “State Airlines Administration” has been established on the 20th of May 1933, under the supervision of the Ministry of National Defense in Turkey, with a fleet consisting of five planes. In 1936 the number of planes was increased to eight and the allocated budget was raised to 1 million TL. As time progressed, technological development made possible a concrete improvement in...
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...performing their expatriates’ assignments than men and the literature not supporting issue will discuss about advantages over male side rather than women in expatriates assignments. These both literature issues will be discuss and compare on details in perspectives expatriate gender between male and female. The previous study have found, suggest that women often have great success in performing their foreign assignments, certain have stated that women and men performance expatriates equally same and also certain found that men will be much better perform expatriate task rather than female expatriates manager. 1.0 INTRODUCTION Business firms are increasingly becoming aware that the key to success in the marketplace rests with their ability to mobilize and utilize their human resource talent in formulating and implementing new global business strategies. To achieve that, many medium-sized...
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...Turkish and Kurdish Fertility in Turkey: New Statistical Evidence for Convergence Word Count: 3,528 Number of Tables: 5 Number of Figures: 4 Running Head: Turkish and Kurdish Fertility in Turkey Abstract The purpose of this quantitative study was to present and discuss statistical evidence for the convergence of Turkish and Kurdish fertility rates in the Republic of Turkey. Linear regression and other statistical methods were utilized in order to illustrate convergence, which was theorized as (a) resulting from the delayed exposure of Turkey’s Kurds to the dynamics of modernization and (b) providing compelling evidence against the claim that Turks and Kurds belong to fundamentally different demographic regimes. One important form of divergence between these populations—bride’s age at first marriage—was acknowledged and related to a potential change in sexual economics among Turkish Kurds. Keywords: Turkish fertility; Kurdish fertility; Turkish fertility transition Turkish and Kurdish Fertility in Turkey: New Statistical Evidence for Convergence Introduction Although the overall fertility rate for Turkey has declined precipitously as part of the country’s demographic transition, perhaps the earliest in the Muslim Middle East (Angin & Shorter, 1998), there is a well-documented disparity between the fertility rates of ethnic Turkish and ethnic Kurdish women in Turkey (Işık & Pınarcıoğlu, 2006; Yüceşahin...
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...Country Analysis Economics Like many Eurasian states, Turkey struggles to find a balance between new capitalistic markets consuming its larger cities and the agricultural sector of its economy that still accounts for 25.5 percent of employment. Its influence in the global market has been slim; however, technology and automobile markets are growing significantly and have helped raise real GDP by over five percent per year. Turkey’s main priority is to maintain the stability of growth in GDP and reduction in inflation (“Turkey”). Since the 1980s, Turkey has struggled to reform its economic policy through the ups and downs of military coupes and competing government parties. Turgut Ozal, finance minister at the time, is responsible for Turkey’s economic reforms. Ozal focused on the reliance of market forces; he devalued the Turkish lira, reduced exchange rates, increased incentives for exports, increased the price of goods produced by public sector companies, and abolished price controls (Rivlin, 212). The policy was successful, driving down inflation and increasing GDP. By the mid-eighties, however, inflation rates skyrocketed due to outside spending that increased national debt, an increase in unemployment rates, and unstable trade agreements (213). Throughout the next decade, the rollercoaster of inflation and increased debt continued to plague Turkey’s economy. A 1989 reform allowed capital movements in and out of the country and high interest rates encouraged investment...
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...Wal-Mart to Turkey TABLE OF CONTENTS Introduction 3 Wal-Mart 4 - 5 Location Turkey 5 - 8 Economic Situation 8 - 10 Political Situation 10 - 11 Competition 11 - 12 Target Market 12 - 13 Global Market Participation 13 Marketing Research 14 - 15 Trading 15 - 16 USA vs. Turkey 16 - 17 Wal-Mart Failure in Germany 17 - 18 S.W.O.T. 18 - 21 Marketing Strategies 22 - 25 Conclusion 26 - 27 Exhibits 28 - 30 References 30 - 32 INTRODUCTION Wal-Mart has dominated the retail industry globally. From it’s humble start in Bentonville, Arkansas it has strived to improve the standard of living throughout the world. Wal-Mart is aware of the risks expanding into relatively underdeveloped countries, but they have not allowed any aspect to hinder their confidence. Expanding internationally will increase its global market share, and they understand the need to address cultural barriers within each market to succeed. Turkey has experienced tremendous growth in the retail sector, adding to its appeal and readiness for the Wal-Mart invasion. Can Wal-Mart succeed in a place like Turkey? We look at the economic, political and cultural environment of the country; what kind of competition will they be looking at and who is the target market. How did Wal-Mart get their start and how did they succeed in other countries other than their home base? The actual location is important to look at, as we analyze the country we look at the GDP, possible Pro’s/Con’s and the...
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...emerging markets. They are driving the global economy. Investing in emerging markets is a wise decision as the growth can be witnessed and also have better return on investment for future. It is anticipated that Emerging economies will mature two to three times more rapidly than developed nation like the US, as predicted by International Monetary Fund estimates. Corporate profits incline to grow faster when economic growth is higher. Likewise, US companies have done well in the last 12 months is because of their growth in non-US markets. Emerging markets also prove beneficial to investors as they create diversification as they act differently than developed markets. Emerging Markets Index of Morgan Stanley's consists of Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Poland, Russia, South Africa, Taiwan, Thailand, and Turkey (Forbes). Russia is one of the booming emerging markets in the East. However, Russia is not always an investor favorite as it is a booming market in global oil and gas demand. Russia has tons of both. It is the world's prominent natural gas producer and exporter and has the 8th largest oil reserves in the world. Russia is considered as a bargain for equity, but that is mostly due to country risk. (Forbes) During the recession in 2008, world markets in developed countries crashed but the emerging markets saved the global economy, mainly Brazil, India and China. The global credit crisis was one of the longest...
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...Value Chain Challenges Toyota has one of the most streamlined global value chains of any organization. Even so, the organization sees challenges when investing in different countries around the globe. Iran and Turkey will be evaluated as Toyota looks to expand into countries where they currently do not operate. The evaluation will include an analysis of the legal and ethical issues, political stability, financial considerations, infrastructure, geography, suppliers, manufacturers, socioeconomic and cultural factors. Legal and Ethical Issues Doing business in Iran is taken personal on every level; from government officials to working employees. Networking is usually done through friends and family. Asking for favors is never an issue as long as they can be repaid. Iran always has been seen as a security concern to the United States and other countries. Iran has been targeted by the Financial Action Task Force for money laundering and ties with Latin American countries. Speculation of Iran’s association with the Venezuelan government has Iran paying them to mine uranium for the Iranian government (Ethics World, 2010). Turkey is out to fix the corruption within its country by establishing harsher legal policies and regulation that allow the country’s businesses to meet EU standards of governance. Turkey’s new outlook on life can be summed up in a quote found on an international blog site, created by Aleksander Shkolnikov. “When governments are corrupt, there is less incentive...
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...SLEPT : http://research-methodology.net/samsung-pestel-analysis/ http://managementstudyguide.com/pestle-analysis-of-samsung.htm http://pestleanalysis.com/steeple-analysis-samsung/ http://www.formasup-npc.org/creasup/PESTEL.pdf http://www.marketingminefield.co.uk/pestle-analysis/ http://www.academia.edu/7103572/The_Complete_External_and_Internal_Analysis_of_Apple.Inc_and_its_SWOT_Analysis Political Samsung operates everywhere in the world and in most of the markets, the political environment is stable with some minor problems in few foreign markets, for example in India. Also Samsung is operating in emergent countries like Brazil, Turkey. This countries are recently had some tensions with the population and the government. The presence of the company is too in Africa, which the governments are not stable. The major problem can be from South Korea because there are some times some tensions with the North Korea. It means there are a threat to be in war between South Korea and North Korea. The company have to be aware about this political instability in his strategy. Economic This factor is really important for a company like Samsung. The new markets in the developing countries had to rethink about their strategy in the goal to extend their presence. And in the same time they had to take count about the global economic crisis. The purchasing power of consumers has known a decrease. The environment since the global crisis can change really fast and it became uncertain...
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...Identify a global organization with a multinational presence. *Nike Identify and research a cultural issue that affects this organization's interactions outside the United States. Define the issue and provide an overview of how became an issue in the organization. Prepare an analysis of the ethical and social responsibility issues your organization must deal with as a result of being global. Write a 1,050- to 1,400-word paper summarizing the results of the analysis. Include the following: • Identify ethical perspectives in the global organization. • Compare these perspectives across cultures involved in the organization. • Describe a viable solution for this issue that could be acceptable by all stakeholders. Introduction: The Nike Corporation In today’s economy, there are several corporation that use multinational tactics in order to make their business strive and successful. A great benefit of multinational corporations is that it helps create wealth and jobs around the world. These corporations also offer much needed foreign currency for developing economies. However, there are many disadvantages such as multinational companies have monopoly power which enables them to make excess profit and pushing local shops off the map. A global multinational company that is very recognized and popular around the world is The Nike Corporation. The Nike Corporation was originally known as Blue Ribbon Sports (BRS). It was founded in January 1964 by Philip Knight...
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...Guiness. Currently, Diageo is operating in approximately 180 countries in the world. (marketline 2015) This report will aim to explain and analyze the influences of external factors and their importance to the business of Diageo and provide some critical suggestions to the organization to improve its performance. 2.0 Task 1 - A brief overview of the main external factors Diageo plc divides their international market into 5 main different segments base on geography: North America, Western Europe, Africa, Eastern Europe and Turkey, Asia Pacific, Latin America and Caribbean. In financial year (FY) 2014, the company has a significant loss to compare with FY2013: 9.2% in overall revenues, 19.9% in operating profit and 14.5% in net profit (marketline 2015). According to Ivan Menezes, chief executive of Diageo, the flop in revenues was the consequence of challenges from macroeconomics and market. (Eads 2014) The FY2014 annual report shows that there were significant declines of recorded sales in all 5 segments of the business. It is undeniable evidence that external factors create many difficulties for the business. Therefore, this report aims to explain the impact and importance of some main external factors such as economic factor, politics and social factor to the business of Diageo. 2.1 Economic factors The economic environments include monetary policy, exchange rates, inflations, unemployment rate and government spending (Fee 2013). As a multinational company, exchange rate...
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... MANGO Mango is a Fashion Brand Textile Company which was founded on 1984 in Cataluña, Barcelona – Spain by the Turkish “İsak Andic Ermay” who born & grew up in Istanbul and who immigrated from Turkey to Spain with his family when he was only 14 years old. In only a short period of 26 years he made his brand spread in 100 countries with 1.700 storesAnd approximately 2 million euros of profits. Nearly all his dreams came true about his career. 1 (http://kariyer.ieu.edu.tr/?page_id=617) They opened their first shop in the PasseiG de Gracia in Barcelona, and a year later than that the company had five outlets in Barcelona and from this point on with opening of a shop in Valencia it began its expansion in the domestic market. By the year of 1998 the company had 13 sales outlets in Spain. In the year 1992 they took the companies first steps outside the domestic market with the inauguration of two stores in Portugal.The following year they opened their 100th store in Spain and two years later the business management system based on specialized and coordination team were successfully introduced and is still in place today they can differenciate between two stages in their organizations : First rom 1984 to 1995 They have gaind a greater knowledge of the business and consolidated the product and store concepts, they have implemented the “Just In Time Philosophy in the distribution area” obtaining a certain critical mass on the Spanish Market. In the second stage from 1996...
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...Running Head: Developing cross cultural capability Developing cross cultural capability [Name of the student] [Name of the institute] Developing cross cultural capability Introduction In the field of research, the challenge of international cooperation increasingly intense led in 1993 to further reflection on the concepts of intercultural management. With the work of Hofstede (1980) and Ouchi (1981), comparative research on management has been very stimulating. Then this research have specialized on topics such as intercultural management or Eurocentric. The axis emerges clearly in the Europe of the Common Market; it is learning to cope with unique challenges issued to management. Once the recognized need, the way chosen to advance in this area, is the course of this study: we sought to describe the practices, including their advantages and disadvantages, using existing typologies willingly. In this case the eye is focused on large tourism companies, but is not always clearly stated. In these large tourism companies, one can discern various articulations of intercultural management. Schreyögg, for example, distinguishes between corporate cultures and global polycentric (1991). Polycentric, are those which, in different countries, come in different forms, thus focusing on "indigenous constructs", those that are global, over national borders, are a unique brand image with a single form articulation, thus settling on "indigenous constructs"...
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...be something we do naturally and daily, doing it well can be a competitive advantage. I suggest that this is particularly true in the global economy involving international negotiations that include various cultures and the norms that dictate interpersonal interactions such as negotiation. II. Body a. Importance of negotiation a.1 Definition of negotiation “Negotiation is a decision making process among interdependent parties who do not share identical preferences” (Neale, 1992: page 42). It is an activity in which two or more parties are involved and each one of them have their own personal goals and negotiation is the process in which all of the parties will try to reach an agreement throughout different strategies to maximize their final output. a.2 Negotiation as a day to day issue Negotiation is a process that is present in almost every aspect of our lives. Two parties will try to come up with a strategy that maximizes their output. A key word here is strategy and the way parties make their strategy, using knowledge and information and as the world is more open than ever and the information they can access is increasing, making negotiation a more complex issue. As a globalized world, people have to negotiate not only with the issues in our own country but also interact with people around the globe. A key element of today’s business is knowing how to deal with other party’s goals, that may be different from the one´s you have, understanding their position and finding...
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...International Journal of Manpower Emerald Article: Brain drain from Turkey: the case of professionals abroad Nil Demet Güngör, Aysit Tansel Article information: To cite this document: Nil Demet Güngör, Aysit Tansel, (2008),"Brain drain from Turkey: the case of professionals abroad", International Journal of Manpower, Vol. 29 Iss: 4 pp. 323 - 347 Permanent link to this document: http://dx.doi.org/10.1108/01437720810884746 Downloaded on: 12-05-2012 References: This document contains references to 35 other documents To copy this document: permissions@emeraldinsight.com This document has been downloaded 1649 times. Access to this document was granted through an Emerald subscription provided by IQRA UNIVERSITY KARACHI For Authors: If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service. Information about how to choose which publication to write for and submission guidelines are available for all. Additional help for authors is available for Emerald subscribers. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.com With over forty years' experience, Emerald Group Publishing is a leading independent publisher of global research with impact in business, society, public policy and education. In total, Emerald publishes over 275 journals and more than 130 book series, as well as an extensive range of online products and services. Emerald is both COUNTER 3 and TRANSFER...
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...EXPANDING ABROAD: MOTIVATIONS & MEANS INTERNATIONAL BUSINESS: It consists of transactions that are devised and carried out across national borders to satisfy the objectives of individuals, companies, and organizations The main characteristics of the international business are: - flow of ideas, services and capital across the world - new choices to consumers - acquisition of a wider variety of products is offered - the mobility of labor, capital and tech is facilitated - new challenging employment opportunities - reallocation of resources, shift of activities to a global level International business has created a network of global links that bind countries, institutions, and individuals with trade, financial markets, technology, and living standards. MULTINATIONAL ENTERPRISE (MNE): is a business –profit or non-profit – that operates in the global arena (across national borders), with no regard to the dimension of the firm The main peculiarity of an MNE is the fact that manage actively and coordinately a set of operations located in different countries. To be true MNE a company must: * have substantial, direct investment in foreign countries (not just the trading relationships of an import-export business) * and actively manage those operations as affecting their strategy and organization The MNE is a recent phenomenon, mostly developed in the post-WW II years. The United Nations has changed...
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