This research analyzes the drivers of firm growth strategies and the relationship between internationalization and diversification based on the longitudinal study of the Volkswagen Group from 1937 until 2007. The study shows that firm resources, the needs of consumers, and the needs of the business all influence choices of growth strategies. The study also shows that internationalization need not be at the expense of diversification. Indeed, it seems to be an inevitable decision to internationalize and at the same diversify the range of offered products in order to avoid failure in the turbulent, investment-intensive automotive industry.
...The collapse of socialist planned economies in Eastern Europe and the Soviet Union, as well as...-intensive and requires economies of scale. Therefore, search for new markets is a major moti... business to achieve economics of scale and scope simultaneously. Discussion. The lack of generaliza...
Introduction - II. What is the nation-state good for? - III. The nation-state and social integration - IV. The staying power of national identity - V. How nation-states destroy morality - VI. Economic globalization vs. the nation-state - VII. The political and military decay of the nation-state - VIII. Conclusion
In the recent past, the automotive supply industry has been facing increasing merger activity. This paper examines the short- and long-term wealth effects of horizontal mergers and acquisitions on acquirers in the automotive supply industry. Based on a sample of 230 takeover announcements between 1981 and 2007, significant positive announcement returns to acquiring companies were determined. While these positive short-term returns to acquirers represent an outstanding attribute of this industry in terms of perceived synergy potential, this study also finds that acquirers are unable to sustain this exceptional position beyond a short-term horizon. A combination of the Fama-French-3-Factor model in calendar time and the control firm approach in event time consistently reveals significant ...
... are more likely to result in economies of scale in research and production facilities and... diversification of activities and product scope has been frequently found to be a determinant of l...
... has held hearings on the appropriate scope of Section 2 of the Sherman Act and has issued, th... fact suggesting diminishing returns to scale, the absence of direct network effects, and an imp... argument that there may be supply-side economies of scope and scale, but this is neither a unique o...
The U.S. Department of Agriculture is adopting a new rule (planning rule). The new planning rule guides the development, amendment, and revision of land management plans for all units of the National Forest System (NFS), consisting of 155 national forests, 20 grasslands, and 1 prairie. This planning rule sets forth process and content requirements to guide the development, amendment, and revision of land management plans to maintain and restore NFS land and water ecosystems while providing for ecosystem services and multiple uses. The planning rule is designed to ensure that plans provide for the sustainability of ecosystems and resources; meet the need for forest restoration and conservation, watershed protection, and species diversity an...
... and uses, incorporates the landscape-scale context for management, and will help the Agency t... to contribute to vibrant local economies, and the collaboration necessary to manage our nat... have been determined to be outside the scope of the development of a planning rule, because the...
Performance measures have long been a topic of interest in higher education although no consensus on the best way to measure performance has been achieved. This paper examines the extent and effectiveness of service efforts and accomplishment reporting by public and not-for-profit U.S. colleges and universities using survey data provided by the National Association of College and University Business Officers. Effectiveness is evaluated using the Government Accounting Standards Board (GASB) suggested criteria. Regression analysis suggests an association between the extent of disclosure and size, leverage, level of education provided, and regional accreditation agency. Private institutions rate themselves as more effective communicators. Effectiveness of communication is also associated w...
...Economies of scale in the production of information and the ... and social motivations is beyond the scope of this project but might bring additional insight...
...avoid the broadening of the scope of patentability and the extension of patentable a... measures such as dosing borders and large-scale quarantine that could have had severe economic, so... governments [] nationalize[d] their economies in the past, triggering falls in the standard of l...
... here is to evaluate correctly the scope of influence that the potentialities of the warrin...Wide-scale application of information and other innovative te... grown immeasurably in many developed economies. Karl von Clausewitz held that the aim of any war-...
...Moreover, broad scope information that is extended to create the informa... measure all constructs with multiple-item scales consists of seven parts. Part one asks for the per... Change and Volatility in Transition Economies: A South African Study. Management Accounting Rese...
... is helpful in establishing the nature and scope of the problem we are addressing, it does not iden... avoiding systemic collapse entails large-scale risk absorption by government, there are enormous ... and analysis through specialization and economies of scale. Centralization can therefore result in a...
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