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QUESTION
‘The internalization theory posits that firms would have a strong incentive to avoid joint venture agreements since they are viewed as second best alternatives in allowing the firms to expropriate the returns on it ownership specific advantages (Caves, 1982; Killing, 1983; Harrigan, 1985). Nevertheless, it may be argued that if a firm possesses a rent-yielding asset which enables it to compete in a foreign market and if joint venture agreements are superior to other modes for appropriating rents from the use of such asset in the foreign market, it may be possible to justify the use of joint ventures within the internalization framework'. Discuss in the light of the circumstances under which joint ventures may or may not be preferred to wholly owned subsidiaries as a mode of entry.
Problem What are the different types of benchmarking and explain the reasons for Benchmarking? Different types of bench marking Performance benchmarking or operationa
Corporations were formerly run solely in the interest of the shareholders. Things have changed; we are now witnessing growing concern for multi stakeholders. (a) Illustrate an
Distinguish between business function and business process
Cycle inventories are held for the reason that purchases are usually made in lots rather than the exact amount which may be needed at a point of time. Of course if all p
coca cola textbook.pdf 5653K View Download Eassy and Project.png 138K View Download
What is oral business communication? Explain its benefits to the organisation and to the individual employee.
Question : According to Henry Fayol, planning is the primary function of managers in an organization. However, there is no empirical evidence that organizations that plan are
what are characteristics of each component of the GE matrix?
A process has 3 basic components - identify each and discuss the role of each in the process cycle - To start with, SDLC (The Systems Development Life Cycle) could be simply s
‘Although the elegance and comprehensiveness of transactions costs reasoning has provided the internalisation approach with a powerful logic (Rugman, 1981, 1985), it is still defic
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