FOREIGN DIRECT INVESTMENT – LOCATION ATTRACTIVENESS FOR RETAILING FIRMS IN THE EUROPEAN UNION1 Pervez N. Ghauri Manchester School of Management, UMIST United Kingdom Email: Pervez.Ghauri@umist.ac.uk Ulf Elg Dep. of Business Administration, School of Economics and Mgmt, Lund University, Sweden Email: ulf.elg@fek.lu.se Rudolf R. Sinkovics Manchester School of Management, UMIST United Kingdom Email: Rudolf.Sinkovics@umist.ac.uk 1 The authors would like to thank Handelsbanken’s Research Foundations
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inter-firm collaborative business models that allow firms to create value by sharing resources, obtaining market influence or access novel markets. Simply put, strategic alliance allows for projects where companies can share their resources and risks for an agreed period or project. Resources such as distribution chains, development of products, technologies or services become communal amongst alliances. In recent times, the potential positive effects of alliances are highly regarded by firms, thus
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Confirming Pages CONTENTS PREFACE xv PART 1 CHAPTER 1 GLOBAL MARKETING ENVIRONMENTS 1 Understanding Global Markets and Marketing 2 markets are becoming global 2 globalization: the world is becoming smaller 3 globalization and global marketing 4 Globalization: Opportunity or Threat? The Global Marketing Approach 6 6 global marketing and global markets 7 the cage distance framework 7 domestic and global marketing compared 8 Geographic or Spatial Distance 10
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burgeoning impact of the Internet, mobile phones, and other global media on the dissolution of national borders • The mandate to properly manage the resources and global environment for the generations to come 5 Thursday, 27 February 14 LO2 The Internationalization of U.S. Business • Increasing globalisation of markets • Increasing number of U.S. companies are foreign controlled – $23.4 trillion in foreign investment in the U.S. • Increasing number of foreign companies building and buying manufacturing
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(2005) tracked the evolution of definitions of IHRM. He observed that although there has been little consensus, definitions have broadly concentrated on examining the HRM issues, problems, strategies, policies and practices which firms pursue in relation to the internationalization of their business. Schuler et al (2009) similarly recently positioned the different views that have existed about the nature of IHRM. IHRM encompasses: ‘. . . the worldwide management of people in the multinational enterprise’
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Outrigger Hotels and Resorts: A Case Study Overview: Outrigger hotel and resorts is a midsize, privately owned hospitality firm. This firm expanded through construction and acquisition in the first two decades thanks to the centralized management strategy. In the following years Outrigger adopted geographical diversification strategy and grew internationally through various entity forms as well as product portfolio. Outrigger also develops its IT infrastructure and IS as competencies to deal with
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1. Was Falabella prepared for internationalization in 1991? (Justify your response with the readings). “Falabella’s aim is to become the leading retail operator in Latin America, both in terms of presence as well as financial results, combing world-class management quality with commitment to local communities” At that time Chile had a relatively mature and saturated market, so Falabella decided to expand and open their first store in Mendoza, Argentina. As a Chilean company which had been in
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Project Scenario: You are a member of the ‘Global Strategy Team’ in a Firm planning for growth through global expansion. Your team has been asked to consider expanding into “new” international markets. You must prepare a report explaining the motives of internationalisation, the current strategies and how the expansion would fit into the firm’s global expansion plan. The second stage would be to choose a potential market and assess its prospects. You must then make suggestions as to the best means
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scale. Second is technological shift in past 3 or 4 decades have resulted in dramatic development in information processing, transportation technologies and communication. Globalization is not a new phenomenon - for thousands of years, people and firms —have been buying from and selling to each other in lands separated by distances. But government and technological changes have promoted globalization to a much greater extent as it did in past. Currently, the greater impact of globalization is much
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Running Head: INTERNATIONAL MARKETING International Expansion at Tesco Introduction Tesco plc is a well-known international grocery and general merchandising retailer. The company headquarter is situated in United Kingdom. Tesco is the fourth-largest retailer in the world on the basis of its revenues subsequent to Wal-Mart, Carrefour and Metro. The company operates with its stores in almost 14 countries throughout Asia, Europe and North America. It is a leader in the UK grocery market with
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