Seminar paper from the year 2016 in the subject Business economics - Company formation, Business Plans, grade: 81%, University of South Wales, language: English, abstract: The paper aims to analyse the current situation of a fictive company and moreover to work out an adequate internationalisation strategy considering the following three key objectives: 1. Reduce labour costs by shifting the production- centre to a low-income country, 2. Enter new markets in countries with a low level of market satisfaction, 3. Enlarge the range and variety of products through a highly educated R&D-Team. After evaluating the business environment, three potential target countries for the internationalisation process are assessed. In a next step the strengths, weaknesses, opportunities and threats are lined out. Moreover a PEST-analysis is conducted to prepare for the location decision. Finally, the most adequate method is selected and a brief conclusion and recommendation are given.
This book is a comprehensive, yet concise text that brings together all aspects of SME banking theories and empirical studies in one text. The book contains the latest policy debates on money creation and credit rationing and the relative role of demand-side and supply-side factors affecting SME financing. Readers will understand the borrower-specific, lender-specific and business environment drivers of bank finance for SMEs as well as the determinants of loan contract terms, particularly the risk premium and collateral. Readers will also understand how loan officers acquire proprietary information on SMEs and apply various lending techniques, such as financial statement lending, relationship lending and credit scoring to the loan underwriting process. In addition, the book also features recent trends on the rise of alternative finance intermediaries such as online peer-to-peer lenders and the competitive implications for traditional banks providing loans to SMEs. Findings from this work will thus be of particular interest to commercial bankers, bank-dependent small business borrowers as well as policy makers, and researchers in central banks, development banks, development agencies and international financial institutions.
Competing against Multinationals in Emerging Markets provides a comprehensive set of lessons which successful small firms have adopted in order to survive and prosper in an increasingly hostile competitive manufacturing sector where large firms are mostly dominant. Densil A. Williams is Professor of International Business and Executive Director of the Mona School of Business and Management at University of the West Indies, Jamaica.
Product Development Strategy provides a concise theoretical and analytical discussion relating to the theory and practice of strategy, innovation capacity, and entrepreneurial performance. The book discusses an innovative perspective which provides a practical insight into the field of product development strategy.
Strategic and operational issues are both critical to the management of SMEs. This textbook undertakes a scientific examination of broad topical areas including founding, business development, and ownership transfer, as well as operational implementation in the realms of marketing, human resources, communication, finance, taxes, law, and mediation. Edited by Patrick Haag and Patrick Rossmann (University of Bremen)
Thomas Wittig aims at gaining additional insights into the crisis and turnaround process of SMEs, investigating both, the turnaround success and the impact of turnaround on the family role in family firms. Based on a specifically developed integrated conceptual turnaround model, the author collected a sample of 209 turnaround cases of German medium-sized companies from restructuring experts working for German banks. Employing a variety of carefully selected statistical analyses he identifies key factors for turnaround success and finds specific archetypes of crises and turnaround. The study concludes with an analysis of the impact of a successful turnaround on the family firms within his sample. Based on the studys insights he provides both, recommendations for future research and a set of practical implications for all relevant stakeholders of a turnaround situation. Dr. Thomas Wittig wrote his dissertation under the supervision of Prof. Dr. Andreas Hack at the Witten Institute for Family Business (WIFU) at Witten/Herdecke University.
Entrepreneurship in the Gulf Cooperation Council: Entrepreneurship in the Gulf Cooperation Council promotes a practical approach to starting businesses, and is useful not only for students, but also to anyone seeking practical insights on the essential aspects of entrepreneurship. As a wide-ranging introduction to theories and their applications, the book covers business plans, feasibility studies, and sources of startup funds. Case studies from GCC countries make the book a useful source of guidelines for starting and managing a business. Provides local and regional cases and examples familiar to GCC students Covers all important subjects within entrepreneurship, from cultivating entrepreneurial habits and values, to sources of business financing Emphasizes the variety of practical alternatives available to entrepreneurs Alexandrina Maria Pauceanu received a Ph.D. in management from the Academy of Economic Studies in Bucharest. She is a Full Professor with over 10 years of national and international teaching experience, for-profit field and consultancy in both multicultural and multilingual environments. Currently she is teaching in Middle East (Oman) and also in Switzerland. She travelled to the Sultanate of Oman to implement her knowledge of SMEs and entrepreneurship and found herself in a community to which she could make significant contributions. She is involved in the Dhofar University Center for Entrepreneurship
Why do most growth companies stop growing? What can leaders do to overcome the barriers to growth? The Curve Ahead tackles these questions using examples from brands like LoJack and Myspace which experienced a similar decline. This book will help SMEs overcome the growth hump by providing tools to succeed and thrive. Dave Power, CEO of Perkins, has guided growth companies as an operating executive, board member and advisor for over 25 years. He also teaches Innovation and Strategy, and Design Thinking at Harvard Extension School. Dave was CEO of Novera Software, Chief Marketing Officer of RSA Security and a General Manager at Sun Microsystems. He was also a partner at Fidelity Ventures where he was an investor and board member at many growth stage companies. Dave earned engineering degrees at Tufts University, and an MBA from Stanford Business School where he was an Arjay Miller Scholar. Dave is a Certified Gazelles International Coach. Follow Dave @PerkinsCEO.
This book explores the gender dimension in technology commercialization through a collection of papers by internationally renowned scholars in the USA, Mexico and Europe. Technology, Commercialization and Gender looks at various gender imbalances in this key innovation area and demonstrates that the construction of gendered identities within male-dominated work environments such as technology commercialization is a complex and lengthy process, often faced with institutional culture obstacles. More gender awareness and openness along all stages of the innovation chain, as well as more research and policy interventions are needed to ensure better use of highly-skilled human capital in knowledge-based economies around the globe. Pooran Wynarczyk is former Director of Small Enterprise Research Unit at Newcastle University, UK. She was awarded a Personal Chair at the University in 2000. Her publication on open innovation in SMEs achieved an Emerald Literati Network Awards for Excellence in 2014. Marina Ranga works with European Commissions Directorate General Joint Research Centre in Seville, Spain. She currently chairs the EC Advisory Group on H2020 Spreading Excellence and Widening Participation and is a member of the UN-ECE Team of Experts on innovation and Competitiveness Policy.