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MNB3701 REPORT 2 SEMESTER 1 2024 $6.02   Add to cart

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MNB3701 REPORT 2 SEMESTER 1 2024

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MNB3701 REPORT 2 SEMESTER 1 2024

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  • April 1, 2024
  • 32
  • 2023/2024
  • Essay
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Table of Contents

Executive summary .................................................................................................... 5

Literature search ........................................................................................................ 6

Background ................................................................................................................ 7

Joint Ventures and Exportation as internationalisation strategy by JAC ................. 8

Institutional based view .............................................................................................. 9

Formal institutions ...................................................................................................... 9

Economic system .................................................................................................. 10

Exchange rate regime ........................................................................................ 10

Interest rates ...................................................................................................... 11

Political ideology ................................................................................................... 11

Corruption .......................................................................................................... 12

Implications to management ................................................................................. 13

Informal institutions .................................................................................................. 14

Culture .................................................................................................................. 14

Ethics .................................................................................................................... 15

Relativism in ethical standards .......................................................................... 16

Implications to management ................................................................................. 16

RESOURCE BASED VIEW ...................................................................................... 16

JAC resource identification ................................................................................... 17

Primary resources ................................................................................................. 17

Tangible assets of JAC ......................................................................................... 17

Financial resources............................................................................................ 17

Physical resources............................................................................................. 18
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Intangible assets of JAC ....................................................................................... 18

Brand reputation ................................................................................................ 18

Technological assets ......................................................................................... 19

Human resources.................................................................................................. 20

JAC capabilities .................................................................................................... 20

Capabilities in logistics and service ................................................................... 20

Capabilities in corporate coordination ................................................................ 21

Evaluation of JAC resources under VRIO Framework .......................................... 21

Value creation .................................................................................................... 21

Rarity ................................................................................................................. 22

Imitability ............................................................................................................ 22

Organisation ...................................................................................................... 23

JAC motors VRIO FRAMEWORK ......................................................................... 23

Managerial implication ......................................................................................... 24

Challenges faced by JAC trading internationally ................................................... 24

Economic problems .............................................................................................. 24

Exchange rates .................................................................................................. 25

Inflation .............................................................................................................. 25

Low incomes ...................................................................................................... 25

Changes in interest rates ................................................................................... 26

Managerial implications ........................................................................................ 26

Foreign Direct Investment (FDI) ............................................................................ 26

Internalisation advantages (OLI paradigm) ........................................................ 27

Locational advantages ....................................................................................... 28

Internalisation advantages ................................................................................. 28
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Conclusion ............................................................................................................ 29

References ............................................................................................................... 31




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