Ibm Term Paper

Topics: International trade, Economics, Export Pages: 18 (5313 words) Published: June 21, 2013
MZUMBE UNIVERSITY

DAR ES SALAAM BUSINESS COLLEGE

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MASTERS OF BUSINESS ADMINISTRATION

CORPORATE MANAGEMENT (MBA CM) 2012/2013

GROUP No. 6- TERM PAPER

COURSE: INTERNATIONAL BUSINESS MANAGEMENT (BUS 5112)

STUDENTS: 1. Bertha Mavere……………. MBA/CM/DCC/158/T.12 2. Celesta Kagwi……………. MBA/CM/DCC/266/T.12 3. Erasto Nzota…………….. MBA/CM/DCC/273/T.12 4. Maria Kaluse…………….. MBA/CM/DCC/067/T.12 5. John Siulapwa……………. MBA/CM/DCC/214/T.12 6. Aziza Abdurrahman……….MBA/CM/DCC/157/T.12 7. Henry Mfumu…………….. MBA/CM/DCC/265/T.12 8. Agnes Kilindo…………......MBA/CM/DCC/072/T.12 9. Paul Humbi……………….. MBA/CM/DCC/222/T.12 10. Wakibara Ngeta…………..MBA/CM/DCC/018/T.12

PROGRAM: MBA2 - CM

HOURS: 16:00 – 19:00

INSTRUCTOR: Dr. D.N. Mollel

SUBMISSION: 10th JUNE, 2013

QUESTION:‘It is undisputable fact that regional integration is becoming a popular socio-economic development tool around the globe’.

Required

Critically discuss this statement in view of the major implications of internationalization process in Tanzania (Use relevant examples).

INTRODUCTION

1. Regional integration
Regional integration is a process in which states enter into a regional agreement in order to enhance regional cooperation through regional institutions and rules. The objectives of the agreement could range from economic to political to environmental, although it has typically taken the form of a political economy initiative where commercial interests have been the focus for achieving broader socio political and security objectives, as defined by national governments. Regional integration has been organized either via supranational institutional structures or through intergovernmental decision-making, or a combination of both. Past efforts at regional integration have often focused on removing barriers to free trade in the region, increasing the free movement of people, labour, goods, and capital across national borders, reducing the possibility of regional armed conflict (for example, through Confidence and Security-Building Measures), and adopting cohesive regional stances on policy issues, such as the environment, climate change and migration. 2. Internalization

Internationalization is the process of acceptance of a set of norms and value established by people or groups which are influential to the individual through the process of socialization. John Finley Scott (1971) Also it can be defined as a process through which we come to identify parts of our culture as part of ourselves especially to norms and values.

3. Internalization process
In international business management describes the process in which the firm gradually becomes involved in international business and enters foreign market whereby the discussions and decisions on development of the domestic market and international market are made.

The term international usually refers to either an attitude of the firmtowards foreign activities or to tlie actual carrying out of activities abroad.*Of course there is a ciose relationship between attitudes and actuai behaviour.The attitudes are the basis for decisions to undertake international ventures and the experiences from international activities infiuence these attitudes. In the case descriptions we have to concentrate on those aspects of the internationalization that are easy to observe, that is the international activities. We consider, however, these attitudes as interesting and important and the discussion of the internationalization process is basically an account of the interaction between attitudes and actual behaviour

WHY INTERNATIONAL BUSINESS

4. Expand Sales

Companies sales are dependent on two factors: the consumers’ interest in their products or...

References: Johanson, J. & Wiedersheim-Paul, F. "The Internationalization of the Firm - Four Swedish Cases." Journal of Management Studies, 1975.
Hymer, S. "The International Operations of National Firms: A Study of Direct Investment," Doctoral dissertation, Mass. Institute of Technology, 1960.
Caves, R.E. "International Corporations: The Industrial Economics of Foreign Investment." Economics (1971): vol. 38.
C. Paola, S. Andr´e and Z. Maurizio (2013): The Internationalization Process of Firms: from Exports to FDI, Universit´e Libre de Bruxelles (ECARES) and CEPR.
L. Annika and K. Sören (2012): A process model of internationalization – new times demands new patterns, Swedish School of Economics and Business Administration - Finland.
Grosse R., N. J. Behrman (1992): Theory in international business Transnational
Corporations, Vol.1, No. 1.
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