Research Project A Essay Example | Topics and Well Written Essays - 2250 words

Research Project A - Essay Example r critically evaluates the international integration of globalisation in international business strategy and posits that ultimately any entry mode strategy for business ultimately requires a subjective risk assessment from the business perspective going forward. Additionally, the synchronisation of a corporate strategy that understands the local market as well as local strategic alliances is vital to the success of international business growth strategy. In supporting this proposition regarding international integration in international business expansion strategy, this paper contextually examines the example of foreign companies exploiting the market liberalisation of China in attracting foreign direct investment. The integration of the globalisation phenomenon into business with the increased movement of capital and commodities has had a significant impact on international business strategy (Tomlinson, 1999). The most common definition of globalisation encompasses the political and cultural and social economic aspects of regional and local territories, which integrate and have become interconnected via contemporary global methods of information exchange (Croucher, 2004). Additionally, Held and McGrew argue that globalisation represents the interconnectedness of states, societies and culture, which has thereby propelled global trade, ideas and capital (Held & McGrew, 1999). Furthermore, it is submitted that integration of globalisation in international business has primarily impacted entry mode strategies as part of international business expansion. For example, a common corporate vehicle utilised for international expansion in business is the Multinational Enterprises (MNE), which are essentially firms that â€Å"own and control income generating assets in more than one country† (Andersson, 1991: 3). As such, MNEs are often associated with foreign direct investment, which Andersson posits is linked with advantages of ownership and â€Å"internalisation along

Social Entrepreneurship Essay Example | Topics and Well Written Essays - 750 words

Social Entrepreneurship - Essay Example It is antithetical to innovation, too political, wasteful, inefficient, and bureaucratic. Dees thinks that counting on independent social entrepreneurs provides society with more opportunities at a lower risk. Social entrepreneurs tend to be more inventive when compared to government in finding solutions to problems since they respond to failures by the government by creation of parallel tracks while inventing new models, which improve public, institutional performance. By that, he means that social entrepreneurs play a crucial role in supplementing or complementing government functions. Dees also feels that the use of charity as a means of dealing with poverty cannot be relied on since it avoids dealing with the real problem. Consequently, he believes that social entrepreneurs build sustainable refinement rather than offer temporary relief by use of charity. In Taking Social Entrepreneurship Seriously, J. Gregory Dees (2007, p. 25) writes, â€Å"While this focus on government as a social problem solver has led to some notable successes, such as increased access to education and health care for many, the experience also revealed the limits of government as the vehicle for social problem solving†. ... Social entrepreneurs do not place a limit on their activities because of the available resources. Rather, they first focus on the opportunity, then think about its implementation later. This is in contrast to the government administrative mindset, which is dependent on budget constraints that derail the planning processes and offer priority to projects, which are ready to go. Entrepreneurs mainly focus on developing their entrepreneurial idea, then start thinking of how to acquire the money to finance the venture. An entrepreneur willing to drill a borehole in Africa devotes time to identifying the area most in need, gets the residents involved, sets the wheels in motion, then finally looks for resources. On the other hand, government will have to fit in the project in its already stretched budget, which may see it given decreased priority. Social entrepreneurship came about, in part, because of the disappointment faced by entrepreneurs with projects run by the government. Recently, an Indian bank, Ecobank started offering savings for very low-income citizens after its partnership with government to offer credit, slowed down because of the government’s bureaucratic and rigid laws and regulations. Ecobank felt that private for-profit ventures have the ability to stimulate increased innovation and economic growth. Another issue that interests me and I would like to discuss from this article is that Dees (2007, p. 27) writes, â€Å"They aim to create sustainable improvements and are willing to draw on self-interest, as well as compassion to do it†. That is to say, social entrepreneurs, through motivation by self-interest, give their charity in order to establish