scholarly journals International Expansion and Transition to the Network Structure of the Multinational Companies and Their Social Consequences

Author(s):  
Daniela Ettaleb ◽  
Bohumil Vítek

Economic globalization is associated with growing interconnectedness, interdependence and the integration of businesses into a single economic system, improving the competitiveness of businesses, and places new demands and requirements on firms. Companies that wanted to survive in a new, dynamic and competitive environment had to apply new development strategies, whose main motto was to reduce costs and to create greater flexibility on the global market. Many large companies managed huge cost reductions in the globalized economy through international expansion to the industrial periphery and semi-periphery countries (developing countries and Central and Eastern Europe) and through the transition from a pyramidal organizational structure to a network structure. The control centre of companies in a network organization deprives hierarchical and pyramidal corporate structures, rather temporarily joins a network of small suppliers, subcontractors and service providers. In the business environment networks are more flexible and adaptable than firms with a hierarchical structure. They are highly effective because they allow significant reductions in the operating costs of the company. On the other hand, the network structure of relations has a number of social consequences, such as the reduction in the number of employees, the rise in non-standard employment contracts and the abolition of responsibility.

Author(s):  
Muragesh Y. Pattanshetti ◽  
Sachin S. Kamble ◽  
Sudheer M. Dhume ◽  
Shradha Gawankar

Mobile phones have undeniably brought a paradigm shift, affecting both the lives of people and the business environment. Today, mobile phone has permeated the lives of billions of people around the world, becoming for many an indispensable device. Moreover, adoption of mobile banking has significant impact on reducing costs and enabling change in retail banking. Factors influencing the intention to use or adopt mobile banking are very important and will play a vital role for mobile banking service providers. The proposed study focuses on a comprehensive set of potential factors that influence the adoption of mobile banking. The research model identifies appropriate factors and captures dependency relationships among these factors in the form of a number of hypotheses to be tested in this research. This paper aims to design a scale with a high degree of reliability, validity, and dimensionality which helps to determine the appropriate technology adoption model based on the identified constructs, viz. Optimism (OPTI), Innovativeness (INNO), Insecurity (INSC), Discomfort (DISC), Perceived Usefulness (PU), Perceived Ease of Use (PEU), Perceived Risk (PR), Subjective Norms (SN), Attitude (ATTI), Behavioural Control (BC) and Behavioural Intention (BI). The data were collected through questionnaire survey from 201 respondents comprising software engineers, bank employees, professors, entrepreneurs. Confirmatory factor analysis was used to test the validity of the proposed measurement scale for all the identified constructs. This instrument helps bankers to determine and design there applications which will contribute to the knowledge of predicting customer intention.


2009 ◽  
Vol 23 (2) ◽  
pp. 133-137 ◽  
Author(s):  
Diego Matricano

The exploitation of knowledge and experience is increasingly important to companies operating in the globalized economy, faced with intense competition and striving to make headway in difficult markets. If such exploitation is important for existing companies, able to develop their own knowledge from previous experience, it is critical for new ventures that have no direct real-world experience on which to draw. Would-be entrepreneurs now operate in a very different business environment from that of their predecessors and they need new forms of entrepreneurship education and new methods of pre-launch trial and analysis for start-ups. The transition from ‘nature’ to ‘nurture’ in the approach to and perception of entrepreneurship, coupled with the increasingly engaged economic role of higher education institutions and research centres can be manipulated effectively to improve the prospects for success of high-expectation entrepreneurs. This article demonstrates how Curley and Formica's model of the experimental laboratory for would-be entrepreneurs responds to the new business environment and the new thinking.


2017 ◽  
pp. 106-120
Author(s):  
Halyna OSTROVSKA ◽  
Volodymyr TYTOR

Introduction. The dynamism of the integration processes, activation of mergers and acquisition processes, modernization of enterprises, development of new entrepreneurship forms, strengthening the international expansion of leading companies, the internationalization of capital is a characteristic features of the world economic development present stage. Creating different types of integrated structures becomes one of the effective ways enterprises adapt to the transformation processes, a prerequisite for organizational and economic preconditions for sustainable economic growth and competitiveness increasing of businesses - participants of integrated union. In present business environment of mergers and acquisitions (mergers&acquisitions, M&A) is one of the most important mechanisms for the rising value of enterprises, improving their activity effectiveness, risk diversification and optimization of investment portfolios by achieving a synergistic effect. Purpose. Development and substantiation of methodical approach due to the selection of companies based on synergetic merger (absorption), as a criteria for evaluating the effectiveness of the company value management and making recommendations for its practical application. Results. The author puts forth his conception of the improvement of the technique of the estimation of the synergy effect from mergers and acquisitions of companies. Conclusion. So, mergers and acquisitions of enterprises agreements have ample opportunities in term of the implementation of key strategic objectives and added value business. However, despite the high quantitative dynamics, in practice in most cases, the value still has not been created. This is primarily due to the inadequate estimates synergy effect and limited use of strategic opportunities to create added value in step of integration.


2020 ◽  
Vol 9 (1) ◽  
pp. 1478-1486

Today, the constantly changing environment, global competition, the nature of work made companies to realize the importance of employee satisfaction for the success of organization. Now-days the competitive advantage of most companies on global market lies in the ability to create a profit driven not only by cost efficiency, but by the ideas and intellectual know-how. The networked and knowledge-based environment made the intangible assets like skills, relations and reputations of highest value. Employee satisfaction is the pleasurable emotional state resulting from the appraisal of one’s jobs as achieving or facilities the achievement of one’s job values. It is a measure of workers contentedness with their job. Every industry has different business environment, different policies for employment and different compensation measures. With the objective to analyzing the influencing factors, best policies of job satisfaction and its impact on business growth, the author decided to investigate the level of employee satisfaction in six industries namely: INFOSYS, HCL, Technologies Tech Mahindra, Oracle Financial Services, Wipro and Tata Consultancy Services. The researcher prepared questionnaire for the employees and get it filled from 303 respondents from these industries. In order to find level of satisfaction among employees of different industries, it was subjected to T-test statistical tool for variance calculation. The study concluded with the statement that the HR policies are different in different industries. The way they are implemented in different organizations has a great impact on employee satisfaction and retention.


2012 ◽  
Vol 13 (1) ◽  
pp. 97-122 ◽  
Author(s):  
Fariza Hashim

SMEs presence is significant nowadays to most economies, particularly those from emerging countries. The internationalization of these firms is no longer an option; it is indeed necessary for them to follow the wave of globalization. Despite of their constraints, Malaysian SMEs are struggling to expand into the international market and compete internationally to sustain their foothold in the country. Various factors have forced SMEs in Malaysia to engage internationally, however the ventures are arduous to be accomplished independently. As a result, the Malaysian government has initiated various efforts in supporting them to stand in the international arena. Many agencies have been established and numerous programs have been developed to encourage SMEs internationalization. This study aims to unfold the challenges faced by SMEs from emerging countries in expanding internationally by examining the business environment in the country. The study finds that, despite various supports offered by the government, Malaysian SMEs continue to struggle in the global market due various factors including market knowledge, technological and skills capabilities, and products quality.


2010 ◽  
Vol 23 (1) ◽  
pp. 35-52 ◽  
Author(s):  
Roya Gholami ◽  
Elizabeth Koh ◽  
John Lim

In spite of the increasing significance of broadband, many small and medium enterprises (SMEs) are unaware of or unappreciative of its benefits. This is potentially a problem for governments, Internet Service Providers and other supply side institutions. The current study empirically verifies applicability of an extended IS continuance model controlling for organizational variables based on the Technology-Organization-Environment framework to examine factors influencing broadband post-adoption behavior of SMEs in Singapore. Strong support for the model has been manifested by the results, providing insight into influential factors. Results of the study suggest that perceived usefulness is a strong predictor of users’ continuance intention, followed by satisfaction with broadband usage as a significant but weaker predictor. SMEs in a more competitive business environment and whose key executive possesses greater IT knowledge are more likely to use broadband.


Author(s):  
Mysore Narayanan

In this chapter, the author describes how one can implement and incorporate creative techniques to design, develop, document and disseminate a systematic process for conducting assessment, whether it be in a multinational corporation or it be in a small business environment. The author accomplishes this by providing models, samples and established guidelines for effectively using assessment results for continuous quality improvement. The author focuses on the importance of adopting modern techniques and stresses that technology should not be viewed just as a growing trend. The author shows how technology can be intelligently implemented as an invaluable assessment tool that can quickly identify areas for improvement so that a given corporation can continue to climb the ladder of success in a competitive global market of the 21st Century.


2020 ◽  
Vol 11 (3) ◽  
pp. 575-587
Author(s):  
Tevfik Demirciftci ◽  
ChihChien Chen ◽  
Mehmet Erdem

Purpose The purpose of this paper is to present an overview of revenue management (RM) studies that focus on information technology (IT) and consumer behavior published between 2008 and 2018. Design/methodology/approach In total, 112 articles published in 17 journals were identified and analyzed. Findings This study shows the importance of IT and RM and focuses on the consumer perspective. It also emphasizes that technology is not the enemy of humans: it complements and adds value to their existing jobs. Research limitations/implications Book chapters and conference proceedings related to IT and RM were not included in this study. Besides, only journal papers published in English were included in the study. The categorizing of subjects can be seen as subjective. Practical implications This study helps researchers discover articles from 2008 to 2018 and helps hospitality executives interested in RM technologies from the demand side to use these findings in their business environment. Originality/value Based on the interaction between service providers (hotels) and users (consumers) on IT and RM platforms, the paper identified eight key components that have been relevant over the past decade.


2019 ◽  
Vol 17 (1) ◽  
pp. 65-72 ◽  
Author(s):  
Md Taj Uddin ◽  
Najmul Hossain ◽  
Aurup Ratan Dhar

Bangladesh has experienced promising improvements in its overall economic, social and health conditions, but the progress is not up to the mark in Haor areas. Improvements in this sector can lead to increase in production, employment and poverty reduction. Aside from increased productivity, farmers need a supporting business environment where availability and access to agricultural inputs are ensured, fair returns to investment are secured. Keeping these issues in mind, the study was conducted to measure productivity, profitability, and price variation of inputs and outputs; and to identify business challenges and suggest policy options for overcoming constraints and exploring intervention strategies in Haor regions. Primary data were collected from Mohongonj upazila of Netrakona district and Mithamoin upazila of Kishoregonj district. A total of 120 farmers and 24 service providers were interviewed for data collection. Face-to-face interview, focus group discussions (FGD) and key informant interviews (KII) were conducted to collect primary data. For analyzing the data, descriptive statistics and accounting method were used to achieve the objectives. The study revealed that average farm size of the respondents was 0.73 hectare. Most of the farmers (39.2%) followed the farming system of crop-livestock-fish catching (C-L-F). Fish catching was the most profitable enterprise with BCR 2.12. The differences in productivity of crop farming and poultry rearing between Haor areas and main land were found statistically significant. Remarkable differences in quantity and price of inputs and outputs were seen in Haor areas and main land. Favorable farm environment and proper utilization of agricultural resources were identified as major strength and opportunity in the study areas. Formation of agribusiness clusters involving input suppliers, credit/financial organizations and different support service providers will result in more income, better nutrition and improved livelihood of the Haor people. The study concludes that the business environment in the Haor areas has a high potential to be exposed with the integration of available local agricultural resources. Government price support and improved market management are recommended for accessibility and appropriate use of agricultural inputs, and for managing local productive resources in use of business prospects in the study areas. J. Bangladesh Agril. Univ. 17(1): 65–72, March 2019


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