Global Business

In order to being fairly and ethically to those potential competitors, TenagaNasionalBerhad (TNB)can cooperate with potential competitors to become Partnership or Joint Venture in the future.It might provide a good opportunity to the potential competitor to incorporate with TenagaNasionalBerhad (TNB) which able to treat fairly to them. It could bring out a few advantages if TenagaNasionalBerhad (TNB) being Partnership or Joint Venture with potential competitor. First, the potential partner will be fairly treated and able to deal with those restriction and strict regulation which had set by government, this is a good chance for potential partners who tend to come in while at the same time TenagaNasionalBerhad (TNB) will still earning profits and with nearly no competitors. Other than that, as every company or industry will have their own specialized skills, knowledge and expertise, TenagaNasionalBerhad (TNB) can grab the opportunity to possess the potential partner’s specialized skill and knowledge which TNB does not own previously, it might help TenagaNasionalBerhad (TNB) to have the chance to achieve more profit with lower cost if the potential partners have strong relationship on the supply chain over the other countries. Besides that, TenagaNasionalBerhad (TNB) might cooperate with potential partner so that TNBwill ethically share profits together with its partner and will not only make their own money for themselves like current. TenagaNasionalBerhad (TNB) might also able to accumulate more capital to invest further together with potential partner such as operate a new power plant to generate electricity. Last but not least, they might also monitor and supervise each other in order to act ethically to the

Irrespective of your answer to the first question, suppose Lincoln Electric does expand into the Indian market by investing in a production facility: Should they enter through acquisition, Greenfield, or joint venture? What factors inform your decision among these entry modes?

Market entry strategy involves the essential requirement for a company to get into international level. The need of involving other companies whereby two companies join together is referred to as joint venture entry. They get into a similar market and make the same production with the aim of sharing risk and at the same time they share the profit according to their terms of agreement (Kretzberg, 2007). Therefore, Lincoln Electric Company has a chance to join with other company to venture in the Indian market.

1. Brief description of the context and of the decision which has to be made.

Due to their location and labor force, Turkey has seen a steady rise in their economy in the last 7 years, nearing around 2% per year, with an increase in labor and employment soaring as well. For being seen as a developing economy, it seems that Turkey is on a lot of the

Throughout history, the middle east has often been the focus of news reporters. A middle eastern country that has not been exempt from this, is Turkey. Turkey has not only been a focus, but it also has had a very long, complicated history.

Turkey is the 18th largest economy body in the world, the 6th largest economy entity in Europe, GDP with $786 billion, GNI per capita with $10, 970, which belong Upper middle income country (World Bank, 2013). Service industry contributed approximately 64.9% for GDP, the industrial sector just over a quarter, agriculture was about 8.2% (CIA, 2014). Moreover, Turkey has a sustainable and steady growth after structural reforms and macroeconomic stabilization since 2001, Turkish economy is becoming diversified and export-oriented due to the large inflow of FDI (ibid). GDP is expected to grow by about 5% over the next five years, single-digit inflation rate will continue to decline (Invest in Turkey, 2014: 24).

Today’s economic outlook for Turkey is deteriorating. GDP growth has been revised to 3.6% for 2008 (against 4.3% previously) and to 3.0% for 2009 (previously 4.0%). Turkey’s unemployment rate rose to 9.4%. The slowdown in growth in 2007 (GDP growth of 4.5%)

International business contains all business transactions private and governmental, sales, investments, logistics, and transportation that happen between two or more regions, nations and countries beyond their political limits. Generally, private companies undertake such transactions for profit governments undertake them for profit and for political reasons. It refers to all those business activities which involve cross border transactions of goods, services, resources between two or more nations. Transaction of economic resources includes capital, skills, and people. for international production of physical goods and services such as finance, banking, insurance, and construction.

In a global environment, the strategies that managers pursue have a significant effect on a business performance as compared to the competitors. Hill and Jones define strategy as a set of actions that a company’s managers put in place in order to increase performance of the company (2013). When the strategies lead to a superior performance of a company relative to its competitors, then the company is said to be at a competitive advantage. This is a case study of Federal Express, in the small package express delivery industry. It

It is because through the joint venture, the company is more familiar with the situation of the company there. The negative outcome is that the management system different between the company. So it is hard to make a decision making. It is because there is different opinion of each person.

The original formula for Red Bull was developed in 1964; however, the Red Bull company was not founded until 1984 after a merger between Dietrich Mateschitz, marketing guru, and Chaleo Yoovidhya, the owner of the Red Bull formula. Categorized as an energy drink, Red Bull was initially designed to “treat jet lag and boost energy for truck drivers” (Hollensen, 2012). In today's era, Red Bull is commonly used as an energy drink; like coffee, and as a mixer in alcoholic drinks, like Red Bull Wings and the Jägerbomb. This aligns with the company's focus on the younger generations of partygoers and post-secondary students.

The major benefit of joint ventures is that the contributors of intermediate inputs get a claim on any residuals. This theory implies that international joint ventures would be undertaken when other modes of entry such as direct foreign investments and corporate acquisitions are costlier. (Janakiramanan, 2004)

From the above discussion as well as the list of advantages and disadvantages associated with joint ventures it can be seen that Hyundai should

The car industry in Europe is a very competitive environment. Even though some analysts argue that it is a saturated market where no significant growth will take place anymore, the growth figure of 11.2% from 2009 to 2010 in terms of market value implies that there is still significant