Intro to IB additional content from lectures and videos

 0    32 speciālā zīme    Grand Hubson
lejupielādēt mp3 Drukāt spēlēt pārbaudiet sevi
 
jautājums atbilde
Power perspective
sākt mācīties
dominate the market not to get eaten
Value chain perspective
sākt mācīties
engage in value chain, decentralize production, reduce risk
Agglomeration perspective
sākt mācīties
be where the action is
FDI substitutes
sākt mācīties
market seeking, trying to get around tariff walls, horizontal
FDI complements
sākt mācīties
efficiency or strategic asset seeking, vertical
Patterns of FDI – firms in the same industry:
sākt mācīties
- Similar strategic behavior - The same location o Strategic rivalry -> multipoint competition
The arm’s length
sākt mācīties
The companies are independent of one another and trade based on contractual arrangements. There is no ownership from one company of the other.
Internalization
sākt mācīties
Companies perform activities within the boundaries of the firm, rather than acquiring them in the market.
Risks associated with exporting are:
sākt mācīties
• increasing transportation costs • introduction of tariffs (or other trade barriers) • increasing bureaucracy
Risks associated with licensing are:
sākt mācīties
loss of reputation/misuse of the brand name • intellectual property risks
Psychologically proximate
sākt mācīties
being similar to the home country in terms of institutional environment and/or culture.
Uppsala model, main reason for a gradual internalization process
sākt mācīties
Internalization comes with uncertainty, limited knowledge – limit risk, limited commitment – means learning, means reducing uncertainty, means more learning
Born global
sākt mācīties
the inception is to create advantages from the use of resources and outputs in multiple countries – internalize quickly
Difference between equity modes
sākt mācīties
equity has an ownership, non-equity are contracts
3 Is of CSR
sākt mācīties
Issues, Ideology, Institutions
MNE provoke unease in society
sākt mācīties
due to too much power and control and exploiting labor and environment
Tragedy of commons
sākt mācīties
overuse of the resources – have to reduce
Wicked problem
sākt mācīties
impossible to identify a single cause or a solution
Sustainability
sākt mācīties
meets the goals of the present without compromising the needs of future generations around the world
Friedmanite position
sākt mācīties
the business of business is business
Carroll’s 4 responsibilities
sākt mācīties
Economic, legal, ethical, discretionary (must, has, should, might DO)
Stakeholder theory
sākt mācīties
broad range of actors influencing the firm, considering not only stakeholders but others impacted by a strategy of the firm
Stakeholder theory, why is it complex for MNE to address CSR
sākt mācīties
Different stakeholders, different issues, cannot prioritize. Cannot do the same in all countries in the same degree. More countries, more complexity – variety of strategic dilemmas
MNE Strategy
sākt mācīties
how the MNE leverages its R&Cs to create value across the MNE’s activities.
MNE Structure
sākt mācīties
how the units of the MNE relate to / interact with one another in support of the strategy?
Need’s of integration relation with resource based view
sākt mācīties
synergies between operations in multiple countries/efficient use of resources – RBW – resources and capabilities
Examples of adaptation
sākt mācīties
cars are relatively standardized in every country, but food not because there are different preferences
Upstream activities
sākt mācīties
inputs and production of goods
downstream
sākt mācīties
distribution and sales of those goods
distinction between upstream and downstream not that clear for MNEs
sākt mācīties
some subsidiaries do single activity like sales and other do multiple
Examples of upstream and downstream process optimization
sākt mācīties
Upstream – integration with suppliers and amount of inventory Downstream – managing retail relationships
Subsidiary roles
sākt mācīties
- Receptive - Active - Autonomous

Lai ievietotu komentāru, jums jāpiesakās.