Global marketplace strategy and choice of interaction after termination of international joint venture

Parameswar, Nakul; Dhir, Sanjay

doi:10.1002/jsc.2260

Cited by 5 publications

(4 citation statements)

References 87 publications

(96 reference statements)

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“…Among the reasons for collaborating in an ICJV, technology and knowledge acquisition is a pivotal consideration. Domestic firms undertake to partner foreign firms in ICJVs in anticipation of technology and knowledge transfer from the foreign partner (Parameswar and Dhir, 2019), because usually, the foreign firms from developed countries are the ones with the advanced technologies (Hwang et al , 2017). Generally, construction companies in developing countries, such as Ghana, expect the acquisition of relevant technology to improve their competitive edge.…”

Section: Resultsmentioning

confidence: 99%

An assessment of the readiness of construction firms for international construction joint ventures (ICJVs) using the VERDICT model

Akunyumu

Fugar

Adinyira

2021

JEDT

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Purpose The purpose of this study was to assess the readiness of construction companies in Ghana to partner with foreign companies in international construction joint ventures (ICJVs). Design/methodology/approach Using the Verify End-User e-Readiness using a Diagnostic Tool (VERDICT) model, a survey with 31 construction companies was conducted to assess their readiness through four pre-defined elements of readiness. Findings The results indicated the readiness of construction companies to collaborate with potential foreign partners in ICJVs. Notwithstanding, certain areas such as management commitment to change, employee buy-in, process flexibility and technology infrastructure need improvement in some firms to achieve readiness. Government has a role in ensuring the readiness of domestic firms for the international market. Originality/value This study applies the VERDICT model, a tool originally designed to assess construction organizations’ readiness for e-commerce, to assess the readiness of Ghanaian construction companies for ICJVs.

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Section: Resultsmentioning

confidence: 99%

An assessment of the readiness of construction firms for international construction joint ventures (ICJVs) using the VERDICT model

Akunyumu

Fugar

Adinyira

2021

JEDT

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“…Dalam strategi ini, perusahaan berusaha untuk memperoleh daya tanggap lokal secara maksimal dengan menyesuaikan penawaran produk dan strategi pemasaran dengan kondisi nasional negara tujuan. Penerapan strategi ini harus dilaksanakan dengan memperhatikan kondisi industri, kebutuhan dan keinginan konsumen, norma sosial dan struktur politik, serta hukum yang berlaku di setiap negara (Parameswar & Dhir, 2019).…”

Section: Strategi Multidomestikunclassified

Analisis Penerapan Strategi Internasional oleh PT Indofood CBP Sukses Makmur Tbk.

Alvina,

Adi Neka Fatyandri,

Khesi

et al. 2023

JENSI

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International strategy is an approach used by companies to expand and sell products/services outside of their domestic market. In implementing an international strategy, companies need to consider the culture and regulations of the destination country, as well as the company's conditions to determine the right mode of entry. This study aims to analyze the application of ICBP's international strategy and mode of entry in entering the global market. This type of research is in the form of qualitative research with qualitative descriptive analysis methods. Through this research, the authors managed to find that the international strategy implemented by ICBP is a multidomestic strategy with modes of entry in the form of exports, strategic alliances, acquisitions, and the establishment of factories abroad. It is hoped that through this research, ICBP can continue to expand its presence in the international market by utilizing the company's SWOT

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“…Researchers have scantly explored the methods by which businesses ensure to meet the three guiding principles of sustainable development-environment integrity, social equity and economic prosperity (Charles Jr, Schmidheiny, & Watts, 2017b;Elkington, 1994;Giddings, Hopwood, & G., 2002;Gupta & Racherla, 2018;Redclift, 2005;Swanson & Zhang, 2012). Further, sustainable development is an organization-wide effort, a matter of corporate importance that is provided for by the top management of the organization (Bansal, 2002(Bansal, , 2005Montiel & Delgado-Ceballos, 2014;Parameswar & Dhir, 2019a;Perrini, Russo, Tencati, & Vurro, 2011). However, such research efforts do not provide a clear understanding of the way businesses strive to gain sustainable development without compromising on any front -profits, environment and society (Elkington, 1994;Dhir, Aniruddha, & Mital, 2014;Hall, Daneke, & Lenox, 2010;Husser, André, Barbat, & Lespinet-Najib, 2012;Flexibility and Sustainability pp.…”

Section: Introductionmentioning

confidence: 99%

Sustainable Development in Practice: Case Study of L’Oréal

Withisuphakorn¹,

Batra²,

Parameswar³

et al. 2019

JBRMR

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Purpose: This paper attempts to analyze sustainable development initiatives undertaken by businesses and discuss them in relation to the literature on sustainable development and triple bottom line. Extant literature lacks studies that provide a detailed account of the application of sustainable development initiatives in the real business case. Methodology: The paper utilizes a case study methodology to understand the method by which sustainable development is efficiently pursued by an organization. The case of sustainable development efforts pursued by L'Oréal is discussed. Findings: L'Oréal effectively pursues sustainable development initiatives without compromising on its economic prosperity. Moreover, it is evident that organizations must embed sustainable development principles in all their activities in order to achieve the triple bottom line. Practical Implications: The paper contributes to the practitioners by providing a detailed account of the ways and means by which sustainable development is efficiently pursued by an organization. This can act as a guideline for decision making in a different business context for taking up sustainable development initiatives. Research Implications: The paper provides a practical approach for taking up research on sustainable development forward and suggests that future research must incorporate business cases as a method to discuss the implementation of sustainable development activities. Social Implications: This paper attempts to bring forward a business case wherein sustainable development is pursued and provide evidence to demonstrate that sustainable development is possible. Originality/Value: This paper is amongst the few papers that go beyond the theoretical and empirical assessment of sustainable development. The case analysis determines that sustainable development must be an organization-wide initiative and requires a long-term commitment to being successful.

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Global marketplace strategy and choice of interaction after termination of international joint venture

Cited by 5 publications

References 87 publications

An assessment of the readiness of construction firms for international construction joint ventures (ICJVs) using the VERDICT model

An assessment of the readiness of construction firms for international construction joint ventures (ICJVs) using the VERDICT model

Analisis Penerapan Strategi Internasional oleh PT Indofood CBP Sukses Makmur Tbk.

Sustainable Development in Practice: Case Study of L’Oréal

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