Alter-globalization

Effects of globalization in Kenya. Globalization is the interactional process between various companies, people and nations. This process is majorly driven by the developing technological advances in the field of information technology and international trade. Globalization process has been in existence for many years now and it can date back to several years ago when Kenya was taking part in trade with other countries like in the case of the coastal trade. The process has got many effects on…

The motivation for growth has led to Aerolift looking for a new market. According to Greening et al. (1996) expansion into markets in foreign countries is a tremendous way for a company to develop further. Market entry basically means activities associated with bringing a product or service to a potential market. Kumar and Subramaniam (1997) and Nakos and Brouthers (2002) emphasise that entry mode is a critical strategic decision for companies intending to conduct business overseas. The choice…

Introduction Huaneng Power International was created in 30 June 1994 (Hpi.com.cn, 2015) as a spin- off of Huaneng Power International Development Corporation (HPIDC), which was also its controlling shareholder (White, 2004, p.7). The newly formed company’s aim to construct and operate power plants of high technology (Hpi.com.cn, 2015) could be achieved only through raising capital. Since “domestic sources were insufficient” (White, 2004, p.2), HPI opted for international financing…

Introduction There are two internationalization strategies which play an active role behind the development of small and medium sized enterprises (SMEs): exporting and foreign direct investment (FDI). They either act jointly or individually to affect the growth of such firms. FDI is more effective than exporting strategy for the growth of SMEs. A strategy which incorporates high rate of exporting with high FDI will have obviously higher rates of firm growth. Those firms who take up the…

JURONG International Holdings is synonymous with Singapore’s industrialisation efforts. The company was established in the 60’s and it has adapted to changing market conditions and needs of challenging environments. They are able to provide excellent service close to customers all over the world as they also have branch offices in China, India and the Middle East. They help customers scheme their dream of urbanization, the construction of the economic zone, life science facilities, marine and…

A multinational corporation is a firm that is controlled and produces good in services in countries other than its home country. It has a high efficiency and is very productive on a whole. It is spread around the world, and it usually opens branches in countries where resources are accessible and cheap. Generally, the headquarters are in the home country, and the headquarters has full ownership and control over company. Advantages of MNC’s include level of investment increases, more income and…

Ever since I was young, I loved the adventure of traveling. I couldn’t wait to explore and come across something different. I was drawn to the appeal of a new world – new people, new streets, new food, new culture, new everything. I believe traveling makes me feel more mindful than ever because I experience something out of the ordinary every time, away from my everyday routine and worries like a weekly online assignment. It broadens my perspective and exposes me to different ways of life, some…

Pak-China Economic Corridor: Geo- Strategic Importance of Pakistan The geographical significance of a country plays a pivotal role in the world politics for that country. It marks that how critically beneficial or non-beneficial is the country to the other countries in social, economic and political respects. Pakistan is located at a very strategically important place on the globe. It is located at the juncture of energy proficient to energy deficient countries. On…

Trade agreements have allowed cross border activities of various businesses. Within the European Union, there are trade agreements. These trade agreements have allowed companies from various countries to expand to other countries without barriers. However, there are still challenges facing companies that are expanding into new markets. This is the same for Brunt Hotel PLC, which has owned hotels only in the UK and is now stepping up to expand into the French Market. How is Brunt Hotel going to…

Abstract Tourism is an international activity that includes a combination of economic, political, social and environmental factors with more and more complex consequences. The touristic development creates economic benefits and costs from country to country and from region to region. This is mainly attributed to at the different economic structures of the countries or regions of touristic destinations and by their geographical position. The Historic and cultural objects play an important role in…