...of acquiring or establishing operations abroad. Such theory includes Dunning’s Eclectic Paradigm, Vernon’s Life Cycle and Knickerbocker’s Model to name a few. Your academic paper should illustrate the use of such theories to evaluate the rationale for foreign direct investment for a leading player in your chosen industry. | | | | Student: Matteo Noris ID: 10224550 Course: (BA) International Business Assignment Due Date: 25th January 2012 Unit Tutor: Agnieszka Chidlow Matteo Noris ID: 10224550 Fundamentals of the International Business Submission Date: Wednesday 25th January 2012 Weighting: 30% of the total mark for the Unit * Chosen Assignment Question : 2 Foreign Direct Investment There are several theories that seek to explain why FDI takes place. These theories try to explain why firms go to the trouble of acquiring or establishing operations abroad. Such theories include Dunning’s Eclectic Paradigm, Vernon’s Life Cycle and Knickerbocker’s Model to name a few. Your academic paper should illustrate the use of such theories to evaluate the rationale for foreign direct investment for a leading player in your chosen industry. Contents Page Contents Page 2 Abstract 3 Introduction 3 Main Body 4 Conclusions 8 References 8 Appendices 9 - Appendix 1: 10 - Appendix 2 11 - Appendix 3 11 - Appendix 4 12 - Appendix 5 12 Abstract This paper it’s aimed at explaining the FDI phenomenon through the analysis of...
Words: 2604 - Pages: 11
...This assignment shall be analysing the case study on Michelin .An exploration of Michelin's strengths and weaknesses both internally and externally, and most importantly identifying the management challenges faced by Michelin. This assignment shall thoroughly address how the challenges can be solved using the principles that were mastered during the study of Strategic Management. To find the strengths of Michelin, one will be looking at what the company is good at and also what they are doing well at. According to the case study ,the weaknesses are what Michelin is poor at and those things they need to improve on for Michelin to be successful and to grow as a company. So therefore their weakness are their major management challenges. By being able to look at the strengths and weaknesses of Michelin both internally and externally one can start to plan for Michelin in the future and to be able to look at what Michelin is going not so well and find steps to sort these problems out, which is what this essay will address. Some of Michelin's internal strength is that at the present they have three lines of production to follow. They produce the Michelin guide, and road maps, although their main line of production is their tyres .So the fact that Michelin is in more than one line of production gives them the competitive edge over their competitors. Michelin is committed to safety and is committed to keeping up with research and development in all their production and products...
Words: 3430 - Pages: 14
...Threat of New EntrantsThreat of New Entrants Whenever new firms enter a particular industry, the intensity of competition among firms increases. To reduce this threat, there must be sufficient barriers to entry in the industry. For example, in the financial services industry in Malaysia, barriers to entry are high due to the unavailability of new business licences as it is the Central Bank's policy not to issue new licences. Other forms of barriers to entry include: (a) Economies of Scale Firms cannot enter the industry due to the high economies of scale such as high production costs per unit enterprises. (b) Product Differentiation Brand identification creates a barrier to entry, forcing new entrants to compete with established brands. For instance, local brands versus international brands for tea products. (c) Capital Requirements The need for high capital or set-up costs can deter firms from entering the industry, such as the airline industry. (d) High Switching Costs Switching costs refer to the cost of changing from one supplier to another. This can be difficult for certain firms in the industry as it may involve high costs. (e) Access to Distribution Channels Limited access to the channels of distribution can deter firms from entering the market. (f) Cost Disadvantages Independent of Size Some firms may have cost advantages regardless of their size. In such cases, the cost advantages can be due to tax incentives or allowances given by...
Words: 1553 - Pages: 7
...Into Lecture 1 What is Statistics? One of the tools to understand information is “Statistics”. Example 1: Suppose you are at the grocery store and wish to buy a frozen pizza. One of the pizza makers has a stand, and they offer a small wedge of their pizza. After sampling the pizza, you decide whether to purchase the pizza or not. In this example, you make a decision and select a course of action based on a sample. Example 2: On a national level, a candidate for the office of a Chief Minister of Lahore wants to know what percent of the voters in Gulberg will support him in the upcoming election. There are several ways he could go about answering this question. He could have his staff call all those people in Gulberg who plan to vote in the upcoming election and ask for whom they plan to vote. He could go out on a street in Lahore, stop 10 people who look to be of voting age, and ask them whom they plan to vote. He could also select a random sample of 2,000 voters from the city, contact these voters, and, on the basis of this information, make an estimate of the percent who will vote for him in the upcoming election. Why we study statistics? 1) Data are everywhere. We need statistics to understand and analyze the information, 2) Statistical techniques are used to make many decisions that affect our lives, and 3) Statistical methods will help you make these decisions more effectively. What is meant by statistics? A collection of numerical information is called “Statistics”, e.g....
Words: 1340 - Pages: 6
...Assessment Centre > Introduction | Assessment Centre has a variety of definitions and these are based on its methodology of assessing a candidate’s performance and aptitude. Trained Assessors observe a group of candidates performing a variety of aptitude diagnostic procedures which provide specific information on the abilities and developmental capacity of each applicant. An Assessment Centre is actually a process applicants take part in and is not specific to any one location. Its popularity is also evident in staff growth plans where it is usually known as a Development Centre. These procedures are designed to ensure employee investment is maximised for both the organisation and the individual. Whilst the general process is very similar to Assessment Centres the subtle difference is that at a Development Centre you will be given feedback immediately and work with the assessor to agree a future plan. Many organisations use the expertise of an HR consultant to design the exercises to meet their specific role requirements and then to conduct the actual testing and assessment of candidates. These services come with a significant cost and that is why you will increasing face testing through an Assessment Centre as you apply for higher-level strategic and technical roles. The length of an Assessment Centre will vary from half-a-day to two full days and may be held on the employer’s premises, often within their own training facilities or on the premises of the organisations Human...
Words: 8143 - Pages: 33
...` Measuring Road Transport Performance 1. Aspects of Performance To a large extent the bottom line indicator of performance of freight and passenger road transport is the operating cost per tonne or tonne-km (or per passenger or passenger-km). Level of service aspects such as travel time, reliability, safety, comfort and security are also important, as well as environmental impacts. Trucks: In countries where large-scale intercity trucking operates efficiently in medium-income countries with predominantly flat terrain, recent experience is that the transport cost per km for a truck-trailer is between US$0.75 and US$ 1.25. For a typical load of 20 tonnes, this works out at US cents 4-6 per tonne km. By contrast efficient small-scale transport in rural areas using small trucks may have a cost of US$ 0.20-0.30 per tonne-km, although it is common for the rates to be expressed on an hourly rather than km basis. Inefficient operations may push these costs much higher. Main factors that affect trucking costs are • economies of scale in truck size, which favor the use of larger trucks, • back-haul possibilities, which depend strongly on the demand pattern, • empty running and idle time due to seasonal variations in demand, • restrictions on working hours, for example due to regulations or safety reasons, • road conditions such as mountainous terrain, deteriorated pavement and traffic congestion, • enforcement procedures along the road and at border posts, which can...
Words: 5263 - Pages: 22
...CHAPTER I PROBLEM AND ITS BACKGROUND INTRODUCTION These days, the number of population has increases impulsively and according to Worldometers the real time world statistics, the current world population is about 7 billion. The population grows fast simultaneously the number of cars the people use in their everyday life. As stated in the report of Wards Auto, the global number of cars exceeded 1.015 billion as of 2010 and the OECD's International Transport Forum forecast that the number of cars worldwide would reach 2.5 billion by 2050. Nowadays, living in the community with things having high technology people always choose to do their jobs more easily. They’re always tend to depend to other people to make things easier such as cleaning their cars. They prefer on going to car wash to pay for cleaning their cars rather than cleaning it themselves because, going to carwash makes them lives more easily and at the same time they also treat their cars. Today's modern industrial environment the surface of a vehicle is subjected to daily abuse. The sun beats down on your car all day every day, pollutants and dirt deeply embed themselves into your paint, and minute slivers of metal become lodged into your paint which eventually rust. If you have owned a white vehicle or have observed one then you may have noticed specks of rust. Those metal slivers are the cause. Car washing techniques vary amongst individual vehicle owners. Car washing is an essential function of preventive...
Words: 2900 - Pages: 12
...TABLE OF CONTENTS LIST OF FIGURES ................................................................................................................. ii LIST OF TABLES ................................................................................................................... ii ABSTRACT............................................................................................................................ iii CHAPTER 1: INTRODUCTION ............................................................................................ 1 1.1. 1.2. 1.3. 1.4. Introductory of the Title ........................................................................................... 1 Objective and Purpose ............................................................................................. 2 Problem Statement and Problem Solving ................................................................ 3 Limitation of the Project .......................................................................................... 4 CHAPTER 2: LITERITURE REVIEW ................................................................................... 5 2.1. 2.2. Research Theory, Ideology and Concept ................................................................. 5 Previous Research and Proposed Project Comparison........................................... 11 CHAPTER 3: METHODOLOGY ......................................................................................... 12 3.1.0 3.2.0. 3.2.1. 3.2.2. 3...
Words: 4444 - Pages: 18
...BY LINDA UWAOMA, SHANSHAN LI, REHANA DAYANANDA AND ANDREA VAN DER WEST OPERATIONS MANAGEMENT REPORT- DELL COMPUTERS ! Table of Contents OPERATIONS MANAGEMENT REPORT- DELL COMPUTERS ...................................................1 OPERATIONS MANAGEMENT REPORT- DELL COMPUTERS ...................................................2 EXECUTIVE SUMMARY..............................................................................................2 INTRODUCTION .....................................................................................................3 BODY..................................................................................................................4 EXAMINATION OF DELL’S SUPPLY CHAIN OPERATIONS .......................................................4 • Direct to customers (DTC); a pull based system: ...............................................4 • Direct to Retailers (DTR); Employing Partners and specialty stores: .......................5 A Problem statement: ........................................................................................7 RECOMMENDATIONS ...............................................................................................8 • MARKETING AND PRODUCT IMPROVEMENTS: .................................................................9 • SUPPLY CHAIN IMPROVEMENTS; A HYBRID PLAN: ............................................................10 • A NEW SYSTEM STRUCTURE AND VALUE CHAIN MODEL:..................................
Words: 2427 - Pages: 10
...What type of market structure does exist in the airline industry? What are the main assumptions and characteristics of this market structure? b) Evaluate the evidence uncovered by the European Commission? c) Which form of collusion have the airlines engaged in? What are the outcomes for market prices and quantities? ANWER 2 a) What are the factors that were mainly responsible for the recovery of the UK economy? b) Examine the prospects for a stable recovery? ANWER 3 a) The benefits of trade and demonstrate the principle of comparative advantage?5 b) Whether countries are justified in protecting their domestic industries by referring to the above examples and/or providing other real-life examples. References ------------------------------------------------- Answer 1 PART 1 To give a definite answer to this question it is important to define all the characteristics of different market structures, however the very first thing to do is to define how the market of the airline sector is shared, by conducting a very small research it is easy to understand that fewer company control 50% or more of the market share, this is particularly the case when looking at isolated domestic markets, however these are not generally enough large to be consider a monopoly. On the other hand, some characteristic of the market structure of this industry falls within the definition of monopolistic competition...
Words: 3199 - Pages: 13
...Xi’an Jiaotong-Liverpool University 西 交 利 物 浦 大 学 Year 4 | | Homework Submission (First Draft) | | | | | | Homework Submission (Second Draft) | | | | X | | Course Work Submission | Put an X in the box to show whether this is homework or a credit-bearing coursework assignment Name | Gao | (Surname) | Xiang | (Other Names) | ID Number | 10113515 | Programme | Financial Mathematics | Module Title | Final Year Project (Phase 1) | Module Code | MTH301 | Assignment Title | An investigation and analysis of the factors that lead to Nokia’s declining market share. Lessons learned from Nokia’s decline. | Submission Deadline | week 13, Thursday, 05th of December, afternoon | Tutor Responsible | Ewout van der Schaft | I certify that: * I have read and understood the University’s definitions of COLLUSION and PLAGIARISM (available in the Academic Student Handbook (2008-9) of Xi’an Jiaotong-Liverpool University). With reference to these definitions, I certify that: * I have not colluded with any other student in the preparation and production of this work; * this document has been written solely by me and in my own words except where I have clearly indicated and acknowledged that I have quoted or used figures from published or unpublished sources (including the web); * where appropriate, I have provided an honest statement of the contributions made to my work by other people including technical and other support staff. I understand...
Words: 3046 - Pages: 13
...Executive Summary Booster juice franchise offers a wide variety of smoothies comprising of pure juice, fruit sorbet, vanilla frozen yogurt, frozen fruit, fresh yogurt. The store will be located at Preston Crossing at the mini mall strip, opposite Walmart. The shop will be incorporated with one manager, four part-time and two full time employees. The manager will be on salary and will oversee all operations. Two supervisors will oversee day to-day operations of the shop and the four part-time employees will be responsible for customer services. Both full time and part-time employees will be paid hourly wages. Initial requirements for all furniture, fixture, computer software and hardware and equipment will be supplied by Booster Juice Inc as part of the turnkey operation. All other supplies will be purchased from Booster Juice Inc. Our shop will be incorporated. Richard Azinwi, Nadia Maqbool and Ravi Brar will be the equity owners. We will have a total of seven employees comprising of one manager, two full time supervisors and four part-time employees. As part of our franchise deal, Booster Juice Inc will offer continuous training and support to our employees. Marketing for the Booster Juice is done by the franchisee and franchisor. The franchisor will do large scale marketing for all of the franchisees, as per the royalty agreement. Our Booster Juice will concentrate on local advertising. We will be doing an aggressive advertising in the first year to create store awareness...
Words: 4366 - Pages: 18
...1(d).Value Chain Analysis: A Way to profit improvement & cost Reduction Learning Objective 1. how to identify the value added activity 2. how to rectify the non –value added activity 3. application in profit planning & cost reduction INTRODUCTION Competitive advantage for a company means not just matching or surpassing their competitors, discovering what the customers want and then profitably satisfying, and even exceeding their expectations. As barriers to inter-regional and international trade are diminishing and as access to goods and services are growing, customers can locate after identification and «the best of what they want, at an acceptable price, wherever it is in the world. Under growing competition and, hence, rising customer expectations, a company's penalty for complacency becomes even greater. A strategic tool to measure the importance of the customer's perceived value is value chain analysis. By enabling companies to determine the strategic advantages and disadvantages of activities and value-creating processes in the market place, value chain analysis becomes essential for assessing competitive advantage. Value analysis or value engineering is one of the most widely used cost reduction techniques. It can be defined as a technique that yields value improvement. It investigates into the economic attributes of value. It attempts to reduce cost through ...
Words: 12975 - Pages: 52
... a. The relevance of Japan in global production and supply chain b. Economical impact of the Japanese Disaster 2- Impact on global production in important industries a. Automobile Industry i. Toyota b. Electronics Industry 3- Collateral impacts of the disaster a. Increase in electricity costs b. Explanation of why the yen is so strong. i. Supply Chain ii. Cheap Investment iii. GDP Impact iv. Export Economy v. Currency vi. Monetary Policy 4- Innovation in supply Chain and the Disaster in Japan a. The Top 10 Supply Chain Innovations from 1880-1990 (1) b. Supply Chain Innovation c. Supply Chain Innovation - Environment d. Long-Term Disarray after Japan Disaster Conclusions Bibliography Butterfly Effect of Japan´s Disaster on Global Production. 1- Japan Background a. The relevance of Japan in global production and supply chain Japan is an island nation located at the East of Asia, in the Pacific Ocean. Its currency of legal course is the YEN (¥). Japan has the tenth largest populations in the world with over 127million people and a GDP of USD$ 5,068,996 million by 2009. The main industries of Japan’s economy are manufacturing and technology, mainly in automobiles, transportation equipment, electronics and steel. Japan is a country with...
Words: 7626 - Pages: 31
... a. The relevance of Japan in global production and supply chain b. Economical impact of the Japanese Disaster 2- Impact on global production in important industries a. Automobile Industry i. Toyota b. Electronics Industry 3- Collateral impacts of the disaster a. Increase in electricity costs b. Explanation of why the yen is so strong. i. Supply Chain ii. Cheap Investment iii. GDP Impact iv. Export Economy v. Currency vi. Monetary Policy 4- Innovation in supply Chain and the Disaster in Japan a. The Top 10 Supply Chain Innovations from 1880-1990 (1) b. Supply Chain Innovation c. Supply Chain Innovation - Environment d. Long-Term Disarray after Japan Disaster Conclusions Bibliography Butterfly Effect of Japan´s Disaster on Global Production. 1- Japan Background a. The relevance of Japan in global production and supply chain Japan is an island nation located at the East of Asia, in the Pacific Ocean. Its currency of legal course is the YEN (¥). Japan has the tenth largest populations in the world with over 127million people and a GDP of USD$ 5,068,996 million by 2009. The main industries of Japan’s economy are manufacturing and technology, mainly in automobiles, transportation equipment, electronics and steel. Japan is a country with limited mineral resources...
Words: 7621 - Pages: 31
