THE IMPACT OF FIRM RESOURCES AND HOST COUNTRY SPECIFIC FACTORS ON INTERNATIONAL ENTRY MODE STRATEGY 1. Introduction Research Aim This study aims to determine the factors that influence the choice of entry modes that U.K firms may explore in their effort to establish a presence in a foreign market…
As a consequence, the globalisation commitment entered into by countries in multilateral agreements was met with slow progress and considerable suspicion by political and civic groups. Businessmen were quick to see the advantages, however, of gaining access to new markets opening up across borders. In deciding upon entering a foreign market, a firm takes on considerable risks, but foresees that there is an opportunity to earn considerable returns as well. It will therefore base its decision on whether or not there is a favourable trade-off between risks and returns – that is, whether the chances of earning returns significantly higher than it would in the local market would exceed the risks that it may be facing. This is the crux of the normative decision theory. On the other hand, behavioural theory suggests that a firm may also consider entry into foreign markets depending on the trade-off between the relative availability of resources in the targeted site compared with the home site, as against the degree of control that may be exercised, which is seen to diminish the more distant the host site (Agarwal & Ramaswami, 1992). In the course of this study, the purpose is to gain possible insight into the evolving dynamics involving the entry of UK firms into foreign markets, particularly (though not exclusively) emerging markets. It expects to develop new insights into stakeholders’ perceptions about those considerations that would tend to favour one mode of expansion of foreign direct investment over another, the implications on control and risk, and the nature of the target market in relation to the home economy. 2. Objectives This dissertation aims to accomplish the following objectives” 2.1 To determine the impact of firm-specific factors on the choice of entry mode into a foreign market; 2.2 To determine the impact of host country factors on the choice of entry mode into a foreign market; 2.3 To determine the impact of home country factors on the choice of entry mode into a foreign market. 2.4 To determine whether or not the location of the firm within an industrial district has any bearing upon the choice of entry mode. 3. Research questions In order to accomplish the objectives set forth in the preceding section, the dissertation shall seek to provide answers to the following research questions: 3.1 What are the effects of the following firm-specific factors on the choice of entry mode of a UK firm into a foreign market, namely: 3.1.1 Firm size; 3.1.2 International business experience; 3.1.3 Organizational culture? 3.2 What are the effects of the following host country factors on the choice of entry mode of a UK firm into a foreign market, namely: 3.2.1 Cultural distance; 3.2.2 Country risk; 3.2.3 Market attractiveness? 4. Critical Review of Literature 4.1 International marketing strategy The various modes of entry into a market include exporting, joint venture, sole venture, licensing and franchising, and more conventionally, the internet and international agencies (Wind, Douglas & Perlmutter, 1973; Hisrich, 2009; Pride &Ferrell, 2010). It is generally acknowledged in studies on entry modes that these modes vary more prominently with respect to level of control exercised by the firm over its offshore subsidiary, either whole or ...
Cite this document
(“Research Proposal Dissertation Example | Topics and Well Written Essays - 3500 words”, n.d.)
Retrieved from https://studentshare.net/other/41020-research-proposal
(Research Proposal Dissertation Example | Topics and Well Written Essays - 3500 Words)
“Research Proposal Dissertation Example | Topics and Well Written Essays - 3500 Words”, n.d. https://studentshare.net/other/41020-research-proposal.
In order to prevent this, societies develop laws as well agencies which enforce them. Those who break the law are said to have committed a crime and are punished by law enforcement agencies. However, while these agencies are traditionally linked with catching the criminals after the crime, they are also tasked with prevention crimes before they happen (Dressler, 2002).
It is likelihood in the future and its effects/impact will depend on the level of preparedness of governments and institutions. The level of preparedness will be guided by the kid of information an institution has or is available. To this end, the level of preparedness and the impacts of the various strategies/policies in use is not available.
Outsourcing has been defined to pertain to a company’s transfer of its operations offshore which enable them to cut down the costs of their operations (Doye 2005). Notwithstanding this particular scenario, outsourced companies continue to adopt measures by which they ensure that the products and services that they offer to their customers retain their quality (Doye 2005).
Some empirical research provides evidence in support of such an assumption (Jenkins, Mitra, Gupta & Shaw, 1998; Brown and Heywood, 2002), others however, within the realms of psychology indicate that incentives can in fact have adverse effects on performance (Deci & Ryan, 1985; Deci, Koestner & Ryan, 1999; Ryan & Deci, 2000; Deci & Ryan 2003).
Thus, the advances in science and technology are now focusing research and development projects in the field of renewable energy. Renewable energy sources are arguably the future of human survival in this world. One of the very important paradigms of research in the field of renewable energy sources is solar energy.
When one is travelling, he/she meets people not of his/her language and the need for effective communication if required. When one is doing a research work, the knowledge of another language is key for reliable and valid results. At times also one is forced to have the knowledge of another language after a change of culture, religion or when one wants to understand how others think.
Anticipated timeline 16 Title: Motivation in the workplace: employee perceptions. 1. Background Within the realm of economics, the notion that employer incentives or rewards based on employee performance and effort are a major means of obtaining and ensuring staff motivation and output, is widespread and unbridled.
The traditions of a country influence the option of its accounting techniques and the penetration of its different accounting evolutions (Belkaoui and Picur, 1991). In contrast, countries have distinguished their own accounting criterion that has tended to mirror their own precise environments (Evan and Taylor, 1982).
As a consequence, the globalisation commitment entered into by countries in multilateral agreements was met with slow progress and considerable suspicion by political and civic groups. Businessmen were quick to see the advantages, however, of gaining access to new markets opening up across borders.
Since corporate governance has to do with setting priorities, delegating power and organizing accountability, it receives high priority on the agenda of policymakers, institutional investors, companies and academics. Recent American and European corporate scandals (Enron, WorldCom, Ahold, etc.) set off a fresh round of debate.
10 Pages(2500 words)Research Proposal
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Dissertation on topic Research Proposal for FREE!