Business & Society http://bas.sagepub.com/ Corporate Social Performance As a Competitive Advantage in Attracting a Quality Workforce Daniel W. Greening and Daniel B. Turban Business Society 2000 39: 254 DOI: 10.1177/000765030003900302 The online version of this article can be found at: http://bas.sagepub.com/content/39/3/254 Published by: http://www.sagepublications.com On behalf of: International Association for Business and Society Additional services and information for Business
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Current Financial Characteristics of CCI The motor carrier industry is highly regulated, resulting with high level of financial stability. Through government regulations, more specifically from the U.S Interstate Commerce Commission (ICC), Continental Carriers and others have received steady financial resource allocations and maintained steadily increasing profits with minimal fluctuations over the years. In addition, with the government’s tight entry control, the industry is able to create a
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Understand the motives for internationalization. ➤ Apply the theories underpinning the internationalization process. ➤ Explain the Psychic Distance and Born Global concepts. 5 ➤ Advise a multinational firm on choosing an appropriate entry mode for internationalization. ➤ Advise a multinational firm on de-internationalization. 148 Global strategic development Opening case study Internationalization of a French retailer—Carrefour In 1960, Carrefour opened its first supermarket in France.
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A Resource-based view of the firm Birger Wernerfelt THIDA TUN 132BAG23 “For the firm, resources and products are two sides of the same coin” is a famous sentence of Birger Wernerfelt’s paper called “A Resource-based view of the firm”. The paper elucidates the usefulness of the analysing firms from the resource side rather than from the product side. To explain under what circumstances a resource will lead to high returns, the researcher used Porter’s five competitive forces. 1. General
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shareholders. The act of CSR should impact the financial performance in the firm. In order to do so, the approach should increase value of shareholder, building competitive advantage, and generate competitive advantage. For example, any activities that only bring cost to firm should be prohibited. Another thing is the firm could build good image through musical concert and other events that makes customer capture the good side in the firm. (Garriga & Melle) Another assumption in CSR is integrative theory
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Competitive Advantage, is the best theory to utilize when an internationalising firm wants to select one country over another for new entry The globalization has become a ubiquitous and potent symbol of the age since the early 1980s. The term globalization was used to describe strengthening interactions of people from various countries, which resulted from the emergency of numerous new technologies (Daniel, Radenbaugh & Sullivan, 2002). As the popularization of globalization, more firms prefer to
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win-win situation as free trade enables a country to emphasis on their core competitive advantages which can boost up income growth, at the same time maximizing economic output. In other words, free trade allows a country to specialize on certain product that they has the distinctive comparative advantage (Herrmann, 2000). On the other hand, it usually benefits the developed countries whose most of the big firms are looking to sell and expand their goods or services abroad due to it is a great opportunity
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so as to show to what extent managerial enterprises can be applied in corporations worldwide. In Chandler’s (1990) book scale and scope, he has analysed the largest 200 firms in manufacturing industry from each of the countries: UK, US and Germany, in order to prove that managerial enterprise has contributed to the firms’ economic success. Managerial enterprise has been defined
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integration, and horizontal integration. A business strategy that involves a form of vertical integration (upstream supplier and downstream buyers) whereby activities are expanded to contain control of the direct distribution of its products. The advantages of forward integration consist of excluding competing suppliers, greater capacity to reach end customers and better admittance to information about end customers. (Example) Forward integration is when a farmer offers his crops at the local market
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diseconomies of scale explain what happens to a firm’s costs as it expands, in the LONG RUN. The long run is the time period in which it is possible for a firm to vary the amounts of all the factors of production employed: more land can be acquired, more buildings erected and more machinery installed. In the long tun, it is possible for a firm o change the scale of it’s activities. Strictly speaking, a change of scale takes place when the quantities of all the factors are changed by the same percentage
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