319–343 www.elsevier.com / locate / econbase A theory of joint venture life-cycles Indrani Roy Chowdhury a ‚ Prabal Roy Chowdhury b ‚ * b a Jadavpur University‚ Jadavpur‚ India CSDILE‚ School of International Studies ( SIS)‚ Jawaharlal Nehru University ( JNU)‚ New Delhi‚ 110067‚ India Received 1 May 1998; received in revised form 1 February 1999; accepted 1 May 1999 Abstract In this paper we provide a dynamic theory of joint venture life cycle that relies on synergy‚ organisational learning
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Long‚ He‚ Stephanie Rivera ACCT 521: Case Analysis Chapter 12: Case 12-1 Lincoln Electric The Lincoln Electric Company‚ the largest manufacturer of arc welding products and a leading producer of industrial electric motors‚ employs about 2‚400 workers in the US and more worldwide. The firm is known for its incentive management plan. Despite the death of James Lincoln and the recession of 1982-1983‚ the management system prevailed with high profits and bonuses‚ high productivity‚ good employee morale
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Executive Summary The Eli Lilly Ranbaxy joint venture allowed both Eli Lilly and Ranbaxy as separate companies to grow and expand as one venture. The support and reliability that both companies had with one another allowed for a strong business relationship to form which led to the same business strategy vision and goals. This joint venture eliminated trade with other companies for the same thing that one another could share to become one of the largest and most successful pharmaceutical companies
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Case Analysis Case: Lincoln Electric in China Case assignment questions: 1. How do you explain Lincoln Electric’s success in the United States? What is its business model? What role do the company’s HR practices play in its success? The success story of Lincoln Electric in the United States could be easily explained as “Lincoln Way” – The largest manufacturer of welding equipment in the world‚ Lincoln motivates its American employees through a distinctive compensation system and a culture
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Lincoln Electric Case Analysis The Lincoln Electric Company is a successful business. They boast record profits‚ have remarkably low employee turnover‚ and have created an organizational structure that is both researched and respected. The have managed to do these things by focusing on key elements of their business: valuing their employees‚ having an open door policy‚ and creating employee ownership. Valuing Employees Lincoln Electric values its employees. They value their opinions and look out
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Lincoln Electric’s tradition of innovative solutions‚ technological leadership and commitment to customers‚ employees‚ and shareholders stems from the vision of its founder‚ John C. Lincoln and his brother‚ James F. Lincoln. The Lincoln Electric Vision We are a global manufacturer and the market leader of the highest quality welding‚ cutting and joining products. Our enduring passion for the development and application of our technologies allows us to create complete solutions
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E. Garza MGMT 4317 Mr. E. Adames‚ MPA October 21‚ 2014 Explain the advantages of Strategic Alliances and Joint Ventures A strategic alliance is a cooperative relationship among two or more firms to pursue a specific endeavor or set of objectives while remaining separate entities. These alliances may be either formal or informal which may involve a written contract. A joint venture is cooperative endeavor entered into by two or more business entities contributing equal equity to form a new legal
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The Failure Rate For International Joint Ventures (IJVs) Is Frequently Reported As Being Very High. Why Do Companies Enter Into IJVs And Why May This Statement Be Misleading? Give Examples throughout. International Joint Ventures became common in the late 20th century when companies wanted to venture beyond their native shores in order to extend their area of influence‚ capture attractive markets and increase profits. Initially only large business ventured out but soon it became a trend that all
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Electric’s Joint Ventures -- Case Discussion Questions 1. GE used to prefer acquisitions or greenfield ventures as an entry mode rather than joint ventures. Why do you think this was the case? Acquisitions were thought to be more cost effective and less risky. With GE having total control‚ they did not have to worry about the internal problems of the company and could enhance coordination all the while gaining immediate market share. 2. Why do you think that GE has come to prefer joint ventures in recent
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Chongqing changan automobile co.‚ LTD.‚ briefly call as chang ’an or chongqing changan‚ which is the core of the automobile enterprise in China changan automobile group co.‚ LTD.‚ listed on the shenzhen stock exchange in 1996‚ code 000625 A‚ B stock code 200625. Its long history can be traced back to the period of westernization movement‚ originated in the Marine bureau in 1862‚ which was the first of China’s modern industry. With the tide of reforming and opening ‚ China changan officially enters
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