Global Entrepreneurship Case study QI-TECH: A Chinese Technology Company for Sale Name: Choi Ying Kai SID: 06523393 Date edited: 11-11-2007 Case background: QI-TECH‚ a Chinese manufacturer of precision Coordinate Measurement Machines‚ is a joint venture established by Indiver BV‚ a Dutch aircraft engine manufacturer and a Chinese state-owned enterprise QQMF. Looking for a strategic exit‚ Indiver BV‚ which holds 50% of QI-TECH‚ must negotiate a sale with its Chinese partner and a potential buyer
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coordinates activities and transfers resources and cultivates capabilities among product lines and business units. From the readings‚ I chose the terms that I found most interesting. The concepts that I chose from my readings are acquisition‚ joint venture‚ licensing agreements‚ long-term contracts‚ and strategic alliance. After doing extensive research‚ I came upon recent articles that have helped me to understand the
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critical role in determining company success. The purpose of this report is to review the possible modes of entry that the Tastykake Baking Company can select in order to successfully expand its operations. These entry options include: franchising‚ joint ventures‚ and outsourcing/off shoring. In this report there will be a discussion of each of these concepts that will include a review of their advantages and disadvantages along with how each of them apply to the expansion of the Tastykake Baking Company
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QUESTION 1: Image you were a director of MTSB in 2006‚ what would be the steps you would taken to fulfill your fiduciary duties as a director. The steps MTSB have taken to fulfill the fiduciary duties as a director according section 6 of Companies Act‚ fiduciary duties of a director. Step 1 : Understanding about duties of director To carry out your duties as a director well‚ it is necessary for you to be fully aware of the duties and responsibilities expected of directors. Directors are fiduciaries
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Introduction.............................................................................................4 3. Analysis...................................................................................................5 4.1 Illustration of a joint venture..............................................................5 4.2 Company analysis..............................................................................5 4.3 Context analysis..............................................
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goals by using alliances. BODY : I. There are four types of alliance that company commonly uses. A. Joint venture‚ this is the results of agreements based on which the partner companies remain independent and decide to create a new organization that is legally distinct. 1. The share of participation in capital can be 50/50‚ 49/51‚ 30/70. 2. Most joint ventures limit collaboration to specific functions. B. Franchising‚ this is an agreement in which a company (franchiser) allows another
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Today: Asain-Pacific Edition. 2nd ed. s.l.:Mc Graw Hall. Meyer‚ K. E.‚ 2004. Perspectives on multinational enterprises in energing economies. Issue 35. Miller‚ R.‚ 1997. International Joint Ventures in Deveolping Contries. Finance & Development. Mok‚ V.‚ Dai‚ X. & Yeung‚ G.‚ 2002. An Internalization Approach to Joint Vebtures: The Case of Coca-Cola in China. Asain Pacific Business Review‚ 9(1). Pan‚ Y. & Tse‚ D. K.‚ 2000. The Hierarchical Model of Market Entry Mode. Journal of International
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Edgar Leon 3 David Weagle 3 Roy Blanchard 1 Group Project 2‚ Joint Ventures vs. Franchises Lufthansa/ANA Joint Venture vs. Ace Hardware Joint Ventures and franchises have been advantageous strategic approaches to business for some time affording companies specific benefits for advancing or gaining market share. A joint venture (JV) is an agreement to begin a commercial enterprise that generally benefits both parties taking advantage of other companies’ existing‚ infrastructure‚ intellectual capital
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In 1983 American Motors Corporation (AMC) signed a twenty-year agreement with Beijing Auto Works (BAW) to form Beijing Jeep Corporation (BJC) - an equity joint venture. AMC were the pioneers in Chinese brand new auto market‚ and‚ therefore‚ the process of creation of BJC was lengthy and arduous. Due to China’s commercial isolation neither BAW nor AMC had a clear understanding of either side’s business practices. For example‚ the Chinese unfamiliarity with the inflation factor concept had created
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ESSAY TOPIC (1) :A joint venture is affected by the cultural distance between two partners. In what ways are joint ventures and types of international collaboration affected by cultural differences? INDEX INTRODUCTION 2 What is culture? 2-3 The Cultural Orientation Model .4 The cultural Gap 5-6 Understanding Cultural Differences .6 The Challenge of Cultural Success
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