Current Issue : January - March Volume : 2018 Issue Number : 1 Articles : 5 Articles
With the deepening of global economic integration process, the survival and\ndevelopment of enterprises is facing a severe test. An excellent international\nentrepreneur is the personification of the enterprise, undertaking the mission\nof making corporate development strategy, who can lead the enterprise to expand,\ninnovate and achieve continuously in the multinational operation. In\norder to study the abilities and qualities of excellent international entrepreneurs,\nwe conducted depth interviews with five professors from business\nschool of universities, three industry experts, seven international entrepreneurs\nand eleven subordinates from several Chinese large multinational enterprises,\nreceiving a large amount of the first and second-hand data. Then, we\nuse grounded theory to process, match, classify and extract data by means of\nopen coding, axial coding and selective coding, building a competency model\nof international entrepreneurs, including three main categories and seventeen\nsub-categories. The first main category is Knowledge, an objective evaluation,\nincluding three sub-categories, such as managerial professional knowledge,\nlanguage proficiency and the knowledge of international business. The second\nmain category is Ability, including eight sub-categories, such as the managerial\ncompetencies of international enterprises, cognitive ability of international\nmarket, the ability of international trade, the ability to adapt to the dynamic\nenvironment, the ability to integrate domestic and foreign resources, the ability\nto overcome crisis and risks, relationship ability with society and government\nand learning ability. The third main category is Personality, including\nsix sub-categories, such as autonomy, innovation, change, advance cognition\nand action, competition enthusiasm and the spirit of adventure....
This paper put forward the concept of most frequently used regional currency and discovers there is a U-shape between regional trade integration and it. We choose sixteen in this paper which including all types of regional economic cooperation organisations at the national level. When the proportion of most frequently used regional currency is low, the use of this currency impedes the regional trade. But it promotes the regional trade when it passes the bottom of the U-shape. The transaction cost of the currency contributes a lot to explain this U-shape. Currency status and the political game also act as a significant role. While the proportion of the most frequently used regional currency is relatively low, using this currency is detrimental to the regional trade of the global countries....
Innocent domestic brands are always infected by some overseas brand crises.\nIn this article, we examined the factors that can inhibit the spillover effects of\noverseas brand crises. The results revealed that high level of mental construal\nand national identity can help domestic brands defend the negative spillover\neffects of overseas brand crises. For consumers with low level of national\nidentity, they evaluate domestic brands more favorably when they are at the\nhigh level of construal than assigned at the low level of construal....
In 2016, the performance of Capital markets in Africa experienced a downward\ntrend. Notable among them were Zambia, Ghana and Nigeria\n(http://www.african-markets.com/). The Lusaka Securities Exchange (LuSE)\nshare price index was the worst performer year-to-date, down 26.83% in local\ncurrency. Among the contributing factors cited were commodity prices as the\ncountry relies on copper for more than 70% of its export revenue and had\ntherefore suffered from commodity prices plunged which led to weakened\ncurrencies and widened budget shortfalls (http://www.african-markets.com/).\nAlthough the contributing factors are known, their impact on the Zambian\nstock market is not known. This study was an attempt to establish the impact\nof commodity prices and macroeconomic factors on the stock market returns.\nLike in similar studies, Nordin et al. (2014) and Alam & Uddin (2009), we\nused Auto regression Distribution Lag and Cointegration analysis and the\nVector Error Correction model on the variables (stock price index, copper\nprice, oil price, interest rates, and exchange rates) for the period 2004-2016.\nThe findings of the study revealed Interest rates, exchange rates, copper and\nOil price jointly have the long and short Run impact on the Lusaka Stock\nMarket, but individually, only interest rates and copper prices had a significant\nlong term impact on the stock market, but in the short run only Copper\nand Exchange rates had an immediate impact on the stock market. One important\npolicy implication of this study is that it will alert the authorities and\nthe investors on the impact of commodity prices, interest rate, and the exchange\nrate on the Lusaka Securities Exchange stock market performance....
The purpose of this study is to develop an integrated continuous improvement model so as to improving the global competitiveness of basic metal industries. The study concerned on the Ethiopian basic metal -manufacturing firms, with a special emphasis on the medium and large manufacturing industries. However basic metal industries occupy a prominent position in the development agenda of many developing countries like Ethiopia. Hence, this study investigated the role of continuous improvement for global competition of basic metal industries, so as to tackle global competition problems on the firms. From numerous contentious improvement, we have to emphasis integrated JIT and TQM implementation on basic metal industries to improve competitive performance. The survey study is conduct through field observation, literature review of research articles , books, magazines, manuals, company report and electronic-sources which are analysis. A case study also conducted at Kaliti Metal Products Factory. The survey data is analyzed using descriptive analysis, SPCT(fishbone diagram). At literature level, the global competitiveness of Ethiopian economy was assessed and the current trends of continuous improvement tools implementation for global competitiveness of basic metal industries was analyzed. poor supply chain system, manpower, raw material problems, energy fluctuation, outdated technology, manufacturing systems, financial and logistics problems are identified as the obstacles and influence the Ethiopian basic metal industry performance and global competitiveness. based on the investigations an integrated continuous improving models are developed so as to improve the performance and global competitiveness of basic metal industries...
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