GLOBAL JOURNAL OF BUSINESS RESEARCH ♦ VOLUME 3 ♦ NUMBER 2 ♦ 2009 AN EMPIRICAL STUDY OF WHOLLY-OWNED SUBSIDIARIES AND JOINT VENTURES FOR ENTRY INTO CHINA MARKETS Yung-Heng Lee‚ Northwestern Polytechnic University‚ USA Yann-Haur Huang‚ Northwestern Polytechnic University‚ USA Mei-Jane Chan‚ Northwestern Polytechnic University‚ USA ABSTRACT The aim of this study is to empirically investigate the effectiveness of The Eclectic Theory in explaining the entry mode choices of Taiwanese Electronic Components
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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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WYOFF AND CHINA-LUQUAN: NEGOTIATING A JOINT VENTURE(A) Introduction & Situation Analysis Joint ventures (JV) are a popular method of foreign market entry because they theoretically provide a way to join complementary skills and know-how‚ as well as a way for the foreign firm to gain an insider’s perspective on the foreign market. Since China began its market opening in 1978‚ joint ventures have been the most commonly used form of foreign direct investment (FDI)‚ with about 70% of FDI in China
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to forming a joint venture in China focused on 3G‚ or more specifically‚ TD-SCDMA (time division-synchronous code division multiple access) and W-CDMA. The joint venture will focus on research and development‚ manufacturing and sales of 3G network systems. The JV will begin offering its first TD-SCDMA and W-CDMA systems next year under China Puritan’s Potevio label. The TD-SCDMA standard is being billed as a Chinese alternative to 3G. In addition to 3G services‚ the venture also will offer
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Joint Ventures‚ Strategic Alliances‚ Collaborations and Merger and Acquisitions Questions | Q1. Why is a Joint Venture (JV) preferable to more general collaboration form of the Strategic Alliance? Q2. What are the relative merits and weaknesses of JVs and SAs? Q3. Why would company seek M&A as a market entry strategy? What are the advantages and disadvantages of M&A? why might a merger fail and what might be the outcome? Q4. What are the relative merits/ disadvantages of JVs‚ SAs‚ and
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Marketing Research and Management in SEA Case Analysis: Nora-Sakari: A Proposed Joint Venture In Malaysia Submission date: 03.03.2004 Nanyang Technological University CONTENTS: ___________________________________________________________________________ Introduction 1 Cultural differences 2 Relationship-Focus vs. Deal Focus 2 Formal vs. Informal 4 Time and Scheduling- Monochromic vs. Polychronic 5 Why Nora should contact Kuusisto in Helsinki. 6 Why shouldn’t Nora contact Kuusisto in
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………………………………………………………………….…... 3 2. General overview of international joint ventures ……………………………... 4 2.1 Main classification of joint ventures ……………………………………. 5 2.2 Structure of joint venture entity ………………………………………..… 5 3. Advantages and disadvantages of international joint ventures …………….. 6 3.1 Advantages of IJV ……………………………………………………….... 7 3.2 Disadvantages of IJV ……………………………………………………... 8 4. Planning an international joint venture ………………………………………... 8 4.1 Preliminary investigation …………………………………………………
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3.1. IJV local environment This section discusses in detail the effect of national culture and organization culture on the performance of Sino-foreign joint ventures‚ based on previous studies. 3.1.1. National culture Culture is regarded as a “system of shared values and beliefs” (Saloner‚ Shepard and Podolny 2001) that aims to solve problems that arise due to external adaption and internal adaptation of the organizations (Schein 1985). External adaptation is defining the strategy and main objectives
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reproduced for the purposes of study only‚ and is in no way a condonement of the damage the tobacco is causing. Overview One of the most closely studied Chinese joint ventures is that involving Celanese Corporation of the United States‚ a producer of value-added industrial chemicals‚ and China National Tobacco Corporation (CNTC). The venture produces tow‚ the fluffy synthetic fiber in cigarette filters. In 1982‚ when CNTC decided to increase its production of filter cigarettes‚ it was on the lookout
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Executive Summary Attaining global competence when entering into international joint ventures‚ in order to be successful‚ is dependent on developing a strategic approach to Human Resource Management (HRM) that ties to Business Strategies and to the overall Organization’s mission‚ vision‚ goals and objectives. Through problem analysis of this case‚ this paper will show evidence that international initiatives must be tailored to implement HR policies and practices that will complement the workforce
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