This document summarizes a research paper that examines how industry globalization, foreign competition, and firm product diversification influence a firm's international diversification strategy. The research studied 14,784 US firms from 1987-1999. It found that as an industry becomes more globalized and faces more foreign competition in the domestic market, firms increase both the degree and scope of their international diversification. However, firms that are more product diversified show smaller increases in international diversification as the industry globalizes. The study provides empirical evidence that environmental and firm factors shape international diversification strategies.
Consumer Perspectives on Brand Preference: A Choice Based Model Approachiosrjce
IOSR Journal of Business and Management (IOSR-JBM) is a double blind peer reviewed International Journal that provides rapid publication (within a month) of articles in all areas of business and managemant and its applications. The journal welcomes publications of high quality papers on theoretical developments and practical applications inbusiness and management. Original research papers, state-of-the-art reviews, and high quality technical notes are invited for publications.
Apparel sourcing is becoming more challenging each day. Can digitization make the processes simpler or not?
Check out this presentation on the future of apparel sourcing to know the answer.
Write a 700- to 1050-word paper examining the history of your selected organization.
Outline the major events in the organization’s development as well as the organization’s evolution in the global environment.
Consumer Perspectives on Brand Preference: A Choice Based Model Approachiosrjce
IOSR Journal of Business and Management (IOSR-JBM) is a double blind peer reviewed International Journal that provides rapid publication (within a month) of articles in all areas of business and managemant and its applications. The journal welcomes publications of high quality papers on theoretical developments and practical applications inbusiness and management. Original research papers, state-of-the-art reviews, and high quality technical notes are invited for publications.
Apparel sourcing is becoming more challenging each day. Can digitization make the processes simpler or not?
Check out this presentation on the future of apparel sourcing to know the answer.
Write a 700- to 1050-word paper examining the history of your selected organization.
Outline the major events in the organization’s development as well as the organization’s evolution in the global environment.
Best Fit Journal Ratings Paper (Social Change Sales Pitch Mix)Stephen Dann
The powerpoint presentation to accompany my 2006 paper on the ranking of journals
The paper proposes a new framework for assessing research output based on the research goals of the selected university, internal research strengths of a department, and the ongoing support for development and enhancement of disciplinary thought within the marketing academy. Presented here is a system of ‘best fit’ between institutional research output and ideal publication mediums, rather than a universal rank of “best” journal
The paper can be found at http://stephendann.com/articles/thematic/marketingjournalratings.htm as part of my work on journal ratings
This is a demo version of Williams & Marshall Strategy's report on the polycarbonates market in the Scandinavian countries. The report presents a strategic analysis of the polycarbonates market in the region and a forecast for its development in the medium term. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, growth and demand drivers, etc. This is the most detailed and comprehensive report about the polycarbonates market in the Scandinavian countries currently available!
HANDBOOK OF BRAND SEMIOTICS
Semiotics has been making progressively inroads into marketing
research over the past thirty years. Despite the amply
demonstrated conceptual appeal and empirical pertinence of
semiotic perspectives in various marketing research streams,
spanning consumer research, brand communications, branding
and consumer cultural studies, there has been a marked deficit in
terms of consolidating semiotic brand-related research under a
coherent disciplinary umbrella with identifiable boundaries and
research agenda.
The Handbook of Brand Semiotics furnishes a compass for the
perplexed, a set of anchors for the inquisitive and a solid corpus
for scholars, while highlighting the conceptual richness and
methodological diversity of semiotic perspectives.
Written by a team of expert scholars in various semiotics and
branding related fields, such as John A. Bateman, David Machin,
Xavier Ruiz Collantes, Kay L. O’Halloran, Dario Mangano,
George Rossolatos, Merce Oliva, Per Ledin, Gianfranco
Marrone, Francesco Mangiapane, Jennie Mazur, Carlos Scolari,
Ilaria Ventura, and edited by George Rossolatos, Chief Editor of
the International Journal of Marketing Semiotics, the Handbook is
intended as a point of reference for scholars who wish to enter
the ‘House of Brand Semiotics’ and explore its marvels.
The Handbook of Brand Semiotics, actively geared towards an
inter-disciplinary dialogue between perspectives from the
marketing and semiotic literatures, features the state-of-the-art,
but also offers directions for future research in key streams, such
as:
- Analyzing and designing brand language across media
- Brand image, brand symbols, brand icons vs. iconicity
- The contribution of semiotics to transmedia storytelling
- Could transmedia storytelling turn out to be what IMC
forgot (i.e., the message)?
- Narrativity and rhetorical approaches to branding
- Semiotic roadmap for designing brand identity
- Semiotic roadmap for designing logos and packaging
- Comparative readings of structuralist, Peircean and
sociosemiotic approaches to brandcomms
- Sociosemiotic accounts of building brand identity online
- Multimodality and Multimodal critical discourse analysis
- Challenging the omnipotence of cognitivism in brandrelated
research
- Semiotics and (inter)cultural branding
- Brand equity semiotics
LAW ON DOMESTIC AND FOREIGN PRIVATE INVESTMENT IN AFGHANISTANsamimfaizy1
LAW ON DOMESTIC AND FOREIGN
PRIVATE INVESTMENT IN AFGHANISTAN
Purpose of law
The purposes of this Law are to promote the role of private investment, both domestic and foreign, in the economy of the country, and to create a legal regime together with an administrative structure that will encourage, support and protect foreign and domestic private Investors in order to promote economic development, expand the labor market, increase.
Non Permitted areas of Investment
Private sector is not allowed to invest in those areas which is restricted by Islam and government of Afghanistan.
The High Commission shall have two rotating seats for the private sector, with one-year terms. For the first year, the Chamber of Commerce will elect these representatives. Subsequently, investors will propose to the High Commission a new modality of electing these representatives.
India has 28 world heritage sites and 25 bio-geographic zones. The country’s big coastline provides a number of attractive beaches, diverse offerings such as adventure, rural and wildlife tourism.
India ranked 12th among 184 countries in terms of travel & tourism’s total contribution to Gross Domestic Product (GDP) in 2012. The sector’s direct contribution to GDP totalled US$ 34.7 billion in 2012 and is expected to grow to US$ 40.8 billion in 2013. Over 2013–23, the direct contribution is expected to register a growth of 7.8 per cent per annum.
Over 6.6 million foreign tourist arrivals (FTAs) were reported in 2012, expanding at compounded annual growth rate (CAGR) of 7.8 per cent during 2005-12. The total foreign exchange earnings (FEEs) from tourism grew over US$ 17.7 billion in 2012, registering a CAGR of 13.1 per cent during 2005-12. In February 2013, FEEs increased by 11.4 per cent to reach US$ 3.4 billion from US$ 3.1 billion in the same period in 2012.
Strong growth in per capita income in the country is driving the domestic tourism market. A shift in demographics with rising young population (coupled with changing lifestyles) is leading to greater expenditure on leisure services. The tourism policy of Government of India (GOI) aims at speedy implementation of tourism projects, development of integrated tourism circuits, special capacity building in the hospitality sector and new marketing strategies. In the hotel and tourism sector, the government has also allowed 100 per cent foreign direct investment (FDI) through automatic route.
Best Fit Journal Ratings Paper (Social Change Sales Pitch Mix)Stephen Dann
The powerpoint presentation to accompany my 2006 paper on the ranking of journals
The paper proposes a new framework for assessing research output based on the research goals of the selected university, internal research strengths of a department, and the ongoing support for development and enhancement of disciplinary thought within the marketing academy. Presented here is a system of ‘best fit’ between institutional research output and ideal publication mediums, rather than a universal rank of “best” journal
The paper can be found at http://stephendann.com/articles/thematic/marketingjournalratings.htm as part of my work on journal ratings
This is a demo version of Williams & Marshall Strategy's report on the polycarbonates market in the Scandinavian countries. The report presents a strategic analysis of the polycarbonates market in the region and a forecast for its development in the medium term. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, growth and demand drivers, etc. This is the most detailed and comprehensive report about the polycarbonates market in the Scandinavian countries currently available!
HANDBOOK OF BRAND SEMIOTICS
Semiotics has been making progressively inroads into marketing
research over the past thirty years. Despite the amply
demonstrated conceptual appeal and empirical pertinence of
semiotic perspectives in various marketing research streams,
spanning consumer research, brand communications, branding
and consumer cultural studies, there has been a marked deficit in
terms of consolidating semiotic brand-related research under a
coherent disciplinary umbrella with identifiable boundaries and
research agenda.
The Handbook of Brand Semiotics furnishes a compass for the
perplexed, a set of anchors for the inquisitive and a solid corpus
for scholars, while highlighting the conceptual richness and
methodological diversity of semiotic perspectives.
Written by a team of expert scholars in various semiotics and
branding related fields, such as John A. Bateman, David Machin,
Xavier Ruiz Collantes, Kay L. O’Halloran, Dario Mangano,
George Rossolatos, Merce Oliva, Per Ledin, Gianfranco
Marrone, Francesco Mangiapane, Jennie Mazur, Carlos Scolari,
Ilaria Ventura, and edited by George Rossolatos, Chief Editor of
the International Journal of Marketing Semiotics, the Handbook is
intended as a point of reference for scholars who wish to enter
the ‘House of Brand Semiotics’ and explore its marvels.
The Handbook of Brand Semiotics, actively geared towards an
inter-disciplinary dialogue between perspectives from the
marketing and semiotic literatures, features the state-of-the-art,
but also offers directions for future research in key streams, such
as:
- Analyzing and designing brand language across media
- Brand image, brand symbols, brand icons vs. iconicity
- The contribution of semiotics to transmedia storytelling
- Could transmedia storytelling turn out to be what IMC
forgot (i.e., the message)?
- Narrativity and rhetorical approaches to branding
- Semiotic roadmap for designing brand identity
- Semiotic roadmap for designing logos and packaging
- Comparative readings of structuralist, Peircean and
sociosemiotic approaches to brandcomms
- Sociosemiotic accounts of building brand identity online
- Multimodality and Multimodal critical discourse analysis
- Challenging the omnipotence of cognitivism in brandrelated
research
- Semiotics and (inter)cultural branding
- Brand equity semiotics
LAW ON DOMESTIC AND FOREIGN PRIVATE INVESTMENT IN AFGHANISTANsamimfaizy1
LAW ON DOMESTIC AND FOREIGN
PRIVATE INVESTMENT IN AFGHANISTAN
Purpose of law
The purposes of this Law are to promote the role of private investment, both domestic and foreign, in the economy of the country, and to create a legal regime together with an administrative structure that will encourage, support and protect foreign and domestic private Investors in order to promote economic development, expand the labor market, increase.
Non Permitted areas of Investment
Private sector is not allowed to invest in those areas which is restricted by Islam and government of Afghanistan.
The High Commission shall have two rotating seats for the private sector, with one-year terms. For the first year, the Chamber of Commerce will elect these representatives. Subsequently, investors will propose to the High Commission a new modality of electing these representatives.
India has 28 world heritage sites and 25 bio-geographic zones. The country’s big coastline provides a number of attractive beaches, diverse offerings such as adventure, rural and wildlife tourism.
India ranked 12th among 184 countries in terms of travel & tourism’s total contribution to Gross Domestic Product (GDP) in 2012. The sector’s direct contribution to GDP totalled US$ 34.7 billion in 2012 and is expected to grow to US$ 40.8 billion in 2013. Over 2013–23, the direct contribution is expected to register a growth of 7.8 per cent per annum.
Over 6.6 million foreign tourist arrivals (FTAs) were reported in 2012, expanding at compounded annual growth rate (CAGR) of 7.8 per cent during 2005-12. The total foreign exchange earnings (FEEs) from tourism grew over US$ 17.7 billion in 2012, registering a CAGR of 13.1 per cent during 2005-12. In February 2013, FEEs increased by 11.4 per cent to reach US$ 3.4 billion from US$ 3.1 billion in the same period in 2012.
Strong growth in per capita income in the country is driving the domestic tourism market. A shift in demographics with rising young population (coupled with changing lifestyles) is leading to greater expenditure on leisure services. The tourism policy of Government of India (GOI) aims at speedy implementation of tourism projects, development of integrated tourism circuits, special capacity building in the hospitality sector and new marketing strategies. In the hotel and tourism sector, the government has also allowed 100 per cent foreign direct investment (FDI) through automatic route.
Similar to Corporate diversification: the impact of foreign competition, industry globalization, and product diversification Presented by: Malik Muhammad Mehran
Justification· Students will learn to analyze related theories MerrileeDelvalle969
Justification:
· Students will learn to analyze related theories or compare viewpoints on issues.
· Students will enhance data analysis skills in preparation for the research paper.
· Students will enhance their writing skills, research skills, and learn to better synthesize
· information in preparation for the research paper.
Writing a research paper necessitates gathering and evaluating facts in order to construct
arguments. The more thoroughly you comprehend your data, the stronger your essay will be.
You must submit a two-page data analysis essay in preparation for your research paper.
This assignment requires you to locate, analyze, and synthesize data. In order to better grasp the
facts and numbers, you will compare and contrast data from two distinct historical periods in this
essay. In this situation, statistics will be compared.
Addiction is a significant problem in Maine, and drug overdoses are responsible for hundreds of
deaths each year.
Maine Cumulative Monthly Overdose Report for January through May 2022 – Maine Drug Data Hub make this clear.
Compare and contrast any two months from this report (
Maine Cumulative Monthly Overdose Report for January through May 2022 – Maine Drug Data Hub) and translate the results for this
assignment. For January 2021 and February 2022, for instance, or March and May 2022. It
depends on you. It is your responsibility to examine and interpret the data in your own terms.
This endeavor will need you to summarize, paraphrase, and include quotations in your article.
Each report should contain the following:
A brief introduction.
A thesis statements.
Three or four paragraphs analyzing the significant data gathered from the report.
(
Maine Cumulative Monthly Overdose Report for January through May 2022 (mainedrugdata.org) )
Concentrate on the key facts:
1.) Which county or counties were the hardest hit by the opioid crisis?
2.) What age group was the most affected?
3.) Was one sex or race more impacted than another?
4.) Were there factors that contributed to the increasing overdoses or deaths in one month as
compared to another?
5.) Identify any significant information about the victims found in the report and why you
think this matters.
6.) Was a certain drug more prevalent in these reports than another?
7.) Was there other demographic information that was relevant?
8.) Write a conclusion for the essay.
Double-space the two-page essay in Times New Roman, 12-point font. Use MLA style to cite
your research (4 pages including the cover page and references)
Strategic Management Journal
Strat. Mgmt. J., 29: 115–132 (2008)
Published online 4 October 2007 in Wiley InterScience (www.interscience.wiley.com) DOI: 10.1002/smj.653
Received 11 March 2005; Final revision received 21 August 2007
CORPORATE DIVERSIFICATION: THE IMPACT OF
FOREIGN COMPETITION, INDUSTRY
GLOBALIZATION, AND PRODUCT DIVERSIFICATION
MARGARETHE F. WIERSEMA1* and HARRY P. BOWEN2
...
Purpose of AssignmentThe purpose of the learning team assignme.docxwoodruffeloisa
Purpose of Assignment
The purpose of the learning team assignment is to offer students the opportunity to investigate their understanding of how globalization affects a company's strategic plan. Additional objectives include allowing students to assess the effectiveness of strategic alliances in the growth process of a company and to understand the necessity for innovation to create a sustainable long-term organizational environment. The students will also identify how organizational structures facilitate company growth and controls in the global environment.
Assignment Steps
Create a 4-slide Microsoft® PowerPoint® presentation (excluding the title slide and references) with speaker notes and address the following topic:
· Evaluate the effects of globalization on strategic management planning.
International Journal of Management Vol. 29 No. 4 Dec 2012 531
The Effects of International Diversification on Firm
Performance: An Empirical Study across Twelve
European Countries
Alfredo M. Bobillo
University of Valladolid, Spain
Felix López-Iturriaga
University of Valladolid, Spain
Fernando Tejerina-Gaite
University of Valladolid, Spain
The relationship between international diversification and firm performance is a
binomial that has led to many investigations leading to mixed results, in some cases
there is a positive relationship, in others no significant relationship or even negative. In
this paper we try to find the possible reasons why these results occur. The international
diversification is assessed by the ratio of exports to total turnover. Besides, we extend
the research to the different performance that industrial and service firms could have,
bearing in mind, too, if their business culture base originates from civil law or common
law countries. Based on a sample of 1721 firms from twelve European countries, we
compare this relationship for the 2000-2009 period. The empirical results obtained
show a stronger ID-performance positive relationship in service firms than in industrial
ones. Those firms with a culture based on civil law systems (bank oriented financial
system) will have greater flexibility to counteract the negative relationship between ID
and performance, than those firms with culture based on common law systems (capital
market oriented system).
Introduction
Accessing foreign markets is becoming a more and more attractive option for firms.
International diversification (ID) is a stabilisation procedure for the firm’s sales and
also a way of reducing the risks derived from the reduction in demand on the domestic
market. Likewise, the presence of a firm on the global market entails greater derived
risks, mainly due to the greater uncertainty and commitment of resources entailed by this
action. It also represents a challenge to improve their competitiveness in their fight with
local firms (Lucas, 1993; Bowen & Wersema, 2005). The degree of internationalisation is
also contemplated a ...
[removed]
The Competitive Advantage
of Nations
Michael E. Porter
Harvard Business Review
90211
HBR
MARCH±APRIL 1990
The Competitive Advantage of Nations
Michael E. Porter
National prosperity is created, not inherited. It does of the patterns of competitive success in ten leading
trading nations, contradict the conventional wisdomnot grow out of a country's natural endowments, its
labor pool, its interest rates, or its currency's value, that guides the thinking of many companies and na-
tional governments— and that is pervasive today inas classical economics insists.
Anation'scompetitivenessdependsonthecapacity the United States. (For more about the study, see the
insert “ Patterns of National Competitive Success.” )of its industry to innovate and upgrade. Companies
gain advantage against the world's best competitors According to prevailing thinking, labor costs, inter-
est rates, exchange rates, and economies of scale arebecause of pressure and challenge. They benefit from
having strong domestic rivals, aggressive home-based the most potent determinants of competitiveness. In
companies, the words of the day are merger, alliance,suppliers, and demanding local customers.
In a world of increasingly global competition, na- strategic partnerships, collaboration, and suprana-
tional globalization. Managers are pressing for moretions have become more, not less, important. As the
basis of competition has shifted more and more to government support for particular industries. Among
governments, there is a growing tendency to experi-the creation and assimilation of knowledge, the role
of the nation has grown. Competitive advantage is ment with various policies intended to promote na-
tional competitiveness— from efforts to managecreated and sustained through a highly localized pro-
cess. Differences in national values, culture, eco- exchange rates to new measures to manage trade to
policies to relax antitrust— which usually end upnomic structures, institutions, and histories all
contribute to competitive success. There are striking only undermining it. (See the insert “ What Is Na-
tional Competitiveness?” )differences in the patterns of competitiveness in
every country; no nation can or will be competitive These approaches, now much in favor in both
companies and governments, are flawed. They funda-in every or even most industries. Ultimately, nations
succeed in particular industries because their home mentally misperceive the true sources of competi-
tive advantage. Pursuing them, with all their short-environment is the most forward-looking, dynamic,
and challenging. term appeal, will virtually guarantee that the United
States— or any other advanced nation— neverThese conclusions, the product of a four-year study
achieves real and sustainable competitive advantage.
We need a new perspective and new tools— an ap-
Harvard Business School professor Michael E. Porter is the author proach to competitiveness that grows ...
Margin Performance Report - Exploring how companies can beat market expectationsCaroline Burns
In an environment characterized by uncertainty and global competition, margins are threatened like never before and cost optimization is running out of steam. How does margin relate to performance and how can margin be managed strategically?
Dr. Patrick Reinmoeller
Professor of Strategic Management
Cranfield School of Management
Cranfield University
Similar to Corporate diversification: the impact of foreign competition, industry globalization, and product diversification Presented by: Malik Muhammad Mehran (20)
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Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
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Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
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4. Authors:
Margarethe F. Wiersema
(Paul Merage School of Business, University of California, Irvine, California, U.S.A.)
Harry P. Bowen
(McColl School of Business, Queens University of Charlotte, Charlotte, North Carolina,
U.S.A.)
Journal: “Strategic Management Journal, 29. 115-132”
Year of Publishing: “2008”
5. Introduction
• Growing globalization of markets and industries…
• Empirical investigation of U.S. firms covering 1987–
99…
• Data sets of the internationally diversified and
internationally non-diversified firms…
6. Purpose
This paper develops a theoretical framework to
understand how industry globalization, foreign
competition and firm product diversification may
influence a firm’s choice of its degree and scope of
international diversification.
7. Research gap
What drives the degree or scope of a firm’s
international diversification (an important gap in the
strategic management literature on international
diversification strategy).
8. This paper…
This paper addresses this gap in the literature by
examining the role of environmental and firm
specific factors in shaping a firm’s international
diversification strategy.
9. Methodology
Software tool used: Stata
Population: U.S. firms
Sample size: 14,784 firms
Sampling technique: Systematic sampling
Data collection technique: Panel data set
Data set for period: 1987-99
Limitations on sample size: Trade data for years beyond 1999 was
not available
11. Hypotheses
Hypothesis 1: The degree and scope of firm international
diversification will be positively related to the level of
foreign competition in the domestic market.
Hypothesis 2a: The degree and scope of firm international
diversification will be positively related to the level of
industry globalization.
12. Hypotheses
Hypothesis 2b: The higher the level of foreign
competition in the domestic market, the larger will
be the increase in a firm’s degree and scope of
international diversification as industry
globalization rises.
13. Hypotheses
Hypothesis 2c: The higher the level of firm product
diversification, the smaller will be the increase in a
firm’s degree and scope of international
diversification as industry globalization rises.
14. Hypotheses
Hypothesis 3: The degree and scope of firm
international diversification will be negatively
related to the level of firm product diversification.
15. Key findings
Our empirical results, derived in a panel dataset of U.S. firms
spanning the period 1987–99, provide strong evidence that a firm
whose core business industry is characterized by increased market
openness have both a higher degree and a greater scope of
international diversification. The degree and scope of firm
international diversification will be positively related to the level of
foreign competition in the domestic market.
16. Conclusion
Higher levels of product diversification supports hamper a firm’s
ability to increase its international diversification.
17. Directions for future research
For the further research can be done on this topic by using the U.S.
firms’ import data.
Editor's Notes
Authors investigate how industry globalization, foreign competition in a firm’s domestic market, and the extent of a firm’s product diversification influence a firm’s international diversification strategy; a set of relationships not previously examined.
they first time presented both a theoretical framework and a set of empirical results for understanding how firms may strategically evolve in response to changing global conditions.
