Governments all over the world are cracking their whips on the big businesses that are making it difficult for small businesses to survive in the market. This article details with the basic issues that are covered under the competition laws that are practiced in many countries around the world. Relations with Competitors Competition laws around […]
Governments all over the world enact competition laws with a lot of objectives in mind. The main purpose of antitrust laws range from protecting the consumers to controlling the inflation in the economy. Some of the main reasons why governments enact antitrust laws are elucidated in this article. Protection of Consumers It is the consumers […]
It is widely believed that the transfer of technology is one of the main reasons for the growth of many third world countries. As third world countries generally tend to be poor and have limited capital to invest, they can’t develop their own technologies. Hence MNCs play a big role in transferring technology to these […]
Operations management is a key functional area of business management (Chase and Zhang 663). It is concerned with designing and controlling the process of production and other business operations related to the production and delivery of goods and services. Operations management professionals design the processes required to convert inputs (labour, raw materials, intellectual property, etc.) […]
Role of MNCs The activities of MNCs drive the economic globalization process to a great degree. Deepening of worldwide economic integration has increased the flow of FDI between the countries over the last two decades (Jensen 2003). MNCs have played a key role in the flow of FDIs as they now increasingly invest in other […]
INTRODUCTION Water-borne diseases are one of the primary reasons for the illness among both the children and adult population in India. The lack of clean drinking water to a vast segment of the population results in people drinking contaminated water from unprotected sources. According to a recent report by the United States, nearly 1 lakh […]
Introduction The global financial crisis of 2008 had a major impact on the finances of many leading economic powers of the world. The major western economies, where the crisis originated, suffered the most due to the crisis. Other than the major financial centres of the world like USA and UK, a number of European countries […]
Introduction Globalization is the latest buzzword that has dominated the global business for the greater part of the last two decades. Forces like the progressive globalization of trade and finance have reshaped the global economy which surpassed the peak levels that were reached during the pre-World War I period. Academic researchers have tried to define […]
In the year 1979, Micheal Porter came up with a five forces of the competitive position model which provides a simple perspective or analyzing the competitive strength of a business organization or industry in general. According to Porter (1979) there are five forces that shape the competition in any industry, viz. threat of new entrants, […]
Introduction Amazon is one of the most successful businesses in the recent past. The company has pioneered the business model of selling goods online to the customers on a scale that was never seen before. It has initially started selling books online to the customers. Using the data that was collected from selling books online; […]
Mergers and acquisitions are one of the principle ways in a telecom company can grow worldwide and emerge as a global business. Faced with increased competition in the home market and worldwide, BT has turned to mergers and acquisitions in order to grow itself and face the competition in the marketplace. Despite lagging in the […]
Companies struggle hard to survive in the market by overcoming the competition around them. In order to position themselves from the others, companies need to establish a unique competitive advantage of their own. A distinct competitive advantage will not only enable a company to overcome the competition from the others but also to ensure its […]
McDonald’s brand of quick serve restaurants is on the leading fast food chains in the world. It was founded in the year 1940 by two young brothers from California, viz. Richard and Maurice Donald with the opening of the first outlet in San Bernardino (McDonald’s, 2013). The restaurant was later taken over by one its […]
INTRODUCTION The different approaches to the explanation of internationalization of a business firm put different emphasis on the issues of market selection and entry. Despite their distinctive approaches, most of these theories imply that firms expand into international markets in multiple stages. At first their scope is limited and cautious. But once the firms’ confidence […]
INTRODUCTION Norton Motorcycles is one of the leading motorcycle company in the UK with a rich corporate heritage dating back to the early 20th century. The company has a presence in 13 major markets in the world and enjoys a loyal customer base. The global financial crisis which resulted in the contraction in the developed […]