Voyevodins' Library _ "International Business: Competing in the Global Marketplace" / Charles W.L. Hill ... Chapter 14 ... legal risk, legal system, Leontief paradox, letter of credit, licensing, local content requirement, location economies, location-specific advantages, logistics, Maastricht Treaty, maker, managed-float system, management networks, market economy, market imperfections, market makers, market power, market segmentation, marketing mix, masculinity versus femininity, mass customization, materials management, mercantilism, MERCOSUR, minimum efficient scale, MITI, mixed economy, money management, Moore's Law, moral hazard, mores, multidomestic strategy, Multilateral Agreement on Investment (MAI), multilateral netting, multinational enterprise (MNE), multipoint competition, multipoint pricing, new trade theory, nonconvertible currency, norms, North American Free Trade Agreement (NAFTA), oligopoly, Organization for Economic Cooperation and Development (OECD), outflows of FDI, output controls, Paris Convention for the Protection of Industrial Property Voevodin's Library: legal risk, legal system, Leontief paradox, letter of credit, licensing, local content requirement, location economies, location-specific advantages, logistics, Maastricht Treaty, maker, managed-float system, management networks, market economy, market imperfections, market makers, market power, market segmentation, marketing mix, masculinity versus femininity, mass customization, materials management, mercantilism, MERCOSUR, minimum efficient scale, MITI, mixed economy, money management, Moore's Law, moral hazard, mores, multidomestic strategy, Multilateral Agreement on Investment (MAI), multilateral netting, multinational enterprise (MNE), multipoint competition, multipoint pricing, new trade theory, nonconvertible currency, norms, North American Free Trade Agreement (NAFTA), oligopoly, Organization for Economic Cooperation and Development (OECD), outflows of FDI, output controls, Paris Convention for the Protection of Industrial Property

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Chapter 14 Outline

Merrill Lynch in Japan

Introduction

Basic Entry Decisions

Which Foreign Markets?

Timing of Entry

Scale of Entry and Strategic Commitments

Summary

Entry Modes

Exporting

Turnkey Projects

Licensing

Franchising

Joint Ventures

Wholly Owned Subsidiaries

Selecting an Entry Mode

Core Competencies and Entry Mode

Pressures for Cost Reductions and Entry Mode

Strategic Alliances

The Advantages of Strategic Alliances

The Disadvantages of Strategic Alliances

Making Alliances Work

Partner Selection

Alliance Structure

Managing the Alliance

Chapter Summary

Critical Discussion Questions

Anatomy of a Failed Alliance--GM and Daewoo

Notes

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Voyevodins' Library ... Main page    "International Business: Competing in the Global Marketplace" / Charles W.L. Hill ... Contents