Foreign Market Subsidiary Mandates

Foreign Market Subsidiary Mandates PDF Author: Nicolas Lohr
Publisher: Springer Science & Business Media
ISBN: 3658026685
Category : Business & Economics
Languages : en
Pages : 311

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Book Description
​This book investigates how foreign subsidiaries of multinational corporations expand their presence and functional scope into foreign territories. It thereby focuses on how cross-border subsidiary mandates are obtained and how they develop over time. Multiple case-studies based on in-depth interviews with HQ and subsidiary management suggest that subsidiary internationalization represents a select MNC phenomenon and that associated foreign market mandates are only of temporary nature. Foreign subsidiaries appear to receive cross-border responsibility if their value proposition for overcoming liability of inter-regional foreignness is capable of more than offsetting any risk increase that stems from principal-agent relationships between corporate headquarters and foreign subsidiaries. Following the initial mandate gain, the subsidiary’s restrained access to HQ-like functions, intra-MNC competition and altering localization degrees in the market covered by the mandate puts the sustainability of cross-border responsibilities at risk. As a consequence, internationalization trajectories of foreign subsidiaries often follow discontinuous rather than gradual evolutionary paths. In addition, cross-border subsidiary mandates often appear to be predefined and temporary in nature. They might actually have a limited life span from their very conception.

Foreign Market Subsidiary Mandates

Foreign Market Subsidiary Mandates PDF Author: Nicolas Lohr
Publisher: Springer Science & Business Media
ISBN: 3658026685
Category : Business & Economics
Languages : en
Pages : 311

Get Book Here

Book Description
​This book investigates how foreign subsidiaries of multinational corporations expand their presence and functional scope into foreign territories. It thereby focuses on how cross-border subsidiary mandates are obtained and how they develop over time. Multiple case-studies based on in-depth interviews with HQ and subsidiary management suggest that subsidiary internationalization represents a select MNC phenomenon and that associated foreign market mandates are only of temporary nature. Foreign subsidiaries appear to receive cross-border responsibility if their value proposition for overcoming liability of inter-regional foreignness is capable of more than offsetting any risk increase that stems from principal-agent relationships between corporate headquarters and foreign subsidiaries. Following the initial mandate gain, the subsidiary’s restrained access to HQ-like functions, intra-MNC competition and altering localization degrees in the market covered by the mandate puts the sustainability of cross-border responsibilities at risk. As a consequence, internationalization trajectories of foreign subsidiaries often follow discontinuous rather than gradual evolutionary paths. In addition, cross-border subsidiary mandates often appear to be predefined and temporary in nature. They might actually have a limited life span from their very conception.

The SAGE Handbook of International Marketing

The SAGE Handbook of International Marketing PDF Author: Masaaki Kotabe
Publisher: SAGE
ISBN: 1412934281
Category : Business & Economics
Languages : en
Pages : 570

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Book Description
In an internationally minded and detailed analysis, the contributors seek to examine the state of the art in research in international marketing, with particular emphasis on the conceptual framework and theory development in the field. Looking at new research, formative and fundamental literature and the nature of strategic alliance and global strategy, this timely and comprehensive Handbook offers the reader a compelling examination of the central concerns of marketing for an international community.

US Firms’ Business Competence in the Taiwanese IT Industry

US Firms’ Business Competence in the Taiwanese IT Industry PDF Author: Pi-Chi Chen
Publisher: Springer
ISBN: 3319320289
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
This book offers an in-depth analysis of the roles and strategies of subsidiaries of American multinational companies (MNCs) in Taiwan’s IT industry. Based on semi-structured interviews with 16 managing directors of the different foreign-owned subsidiaries and 100 functional unit managers, the authors investigate (1) the roles of functional units in evaluating strategy formulation and change in foreign subsidiaries; (2) the factors that determine strategy formulation and change in foreign subsidiaries and their functional units; and (3) the linkages between cross-functional units. The research underscores the view that MNCs’ strategies are composed of assorted heterogeneous elements.

Global Strategic Management

Global Strategic Management PDF Author: Jedrzej George Frynas
Publisher: Oxford University Press, USA
ISBN: 0198706596
Category : Business & Economics
Languages : en
Pages : 445

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Book Description
Emphasising the essential techniques of business best practices, this title offers thorough analysis and discussions on concepts such as environmental analysis, strategy development and strategy implementation.

Managing the Multinational Subsidiary

Managing the Multinational Subsidiary PDF Author: Hamid Etemad
Publisher: Routledge
ISBN: 1351189182
Category : Business & Economics
Languages : en
Pages : 237

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Book Description
This book, first published in 1986, is concerned with the changing world environment for multinational business and the relationships between multinational parent companies and their subsidiaries which will be necessary to meet the challenges that are being faced. The study argues that key changes to the environment are: the revolution in manufacturing which has permitted cheap production in one location of complicated products for a world market; ‘world product mandating’, whereby all a company’s country subsidiaries produce different product lines for the world market; pressure and incentives from host governments for technology transfer in their favour and for research and development facilities within their territory; the growth of highly efficient international trading and distribution intermediaries; and the complications of increased ‘barter’ trade arising from international debt problems and currency shortages. All this means that the management of multinational subsidiaries has to change. This book reviews the challenges and shows a way forward.

International Marketing

International Marketing PDF Author: Stanley Paliwoda
Publisher: Routledge
ISBN: 1135387176
Category : Business & Economics
Languages : en
Pages : 672

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Book Description
The third edition of an established text, this book provides comprehensive treatment of international marketing issues and includes expanded coverage of Eastern Europe and the Pacific Rim. New for this edition are the expanded use of mini cases within the text to illustrate the latest developments in marketing, together with expanded coverage of: South East Asia and the Pacific Rim, Central and Eastern Europe, Globalization, Culture, Financial aspects of marketing. Included throughout are self-assessment and discussion questions, key terms, references and bibliography.

Multinational Corporate Evolution and Subsidiary Development

Multinational Corporate Evolution and Subsidiary Development PDF Author: Julian Birkinshaw
Publisher: Springer
ISBN: 1349264679
Category : Business & Economics
Languages : en
Pages : 404

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Book Description
This book is one of the first to specifically address the subsidiary development process - a phenomenon by which multinational company subsidiaries enhance their resources and capabilities. It shows how this process is integral to multinational corporate evolution, which is largely driven by changes in subsidiaries and their development. It also illustrates how the recent trend towards greater international dispersal of value-adding activities has impacted on this process and on multinational evolution as a whole.

International Human Resource Management

International Human Resource Management PDF Author: Monir Tayeb
Publisher: Oxford University Press
ISBN: 0199277273
Category : Business & Economics
Languages : en
Pages : 259

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Book Description
Tayeb (management and languages, Heriot-Watt U.) enters the debate about internationalization and globalization by proposing two dynamic models of human resource management (HRM) internationalization and international HRM in multinational corporations. She summarizes key debates in HRM and discusses the applicability of various HRM models in differ

Non-State Actors and Authority in the Global System

Non-State Actors and Authority in the Global System PDF Author: Andreas Bieler
Publisher: Routledge
ISBN: 1134599315
Category : Political Science
Languages : en
Pages : 320

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Book Description
Traditionally in International Relations, power and authority were considered to rest with states. But recently, in the light of changes associated with globalisation, this has come under scrutiny both empirically and theoretically. This book analyses the continuing but changing role of states in the international arena, and their relationships with a wide range of non-state actors, which possess increasingly salient capabilities to structure global politics and economics.

Competing Chinese and Foreign Firms in Swelling Chinese Economy

Competing Chinese and Foreign Firms in Swelling Chinese Economy PDF Author: Tetsuo Abo
Publisher: LIT Verlag Münster
ISBN: 3825817407
Category : Business & Economics
Languages : en
Pages : 296

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Book Description
In the rapid growth of the Chinese economy as the "world's factory and market", while this process has been supported by foreign companies, local Chinese companies have also emerged in the brief span of about 10 years to become major players. This is an extremely rare case in the world history and recently even among the BRICs and the NIEs. One cannot help but wonder what strategic positions foreign firms have adopted to cope with the extraordinary, fierce challenges they have had to face from local Chinese firms. A workshop discussed and illuminated the corporate activities and competitive and cooperative strategies of both Chinese and foreign firms from the perspective of Japanese, European, US and Asian firms.