The Research of Multinational Enterprises Transnational Management

With the development of global business, MNEs are always sinking into various pressures which are related to economic factors, social factors and informational factors. This situation making MNEs’ strategies is supposed to achieve those requirements that including global market integration, national responsiveness, worldwide learning. There are four important strategies which are widely used in MNEs internationalization process that including multinational strategy, global strategy, international strategy, and transnational strategy. This essay will introduce pursuing transnational strategy and some difficulties existing in this process. Furthermore, an example of an entrepreneurial subsidiary will be chosen to explore and conduct further research.

The research of Born Global Firms’ transnational strategy

With the development of global business, Born Global Firms are always sinking into various pressures which are related to economic factors, social factors and informational factors. This situation making Born Global Firms’ strategies is supposed to achieve those requirements that including global market integration, social responsiveness, worldwide learning. There are four important strategies which are widely used in Born Global Firms internationalization process that including multinational strategy, global strategy, international strategy, and transnational strategy. This essay will introduce pursuing transnational strategy and some difficulties existing in this process. Furthermore, an example of an entrepreneurial subsidiary will be chosen to explore and conduct further research.

The development of quality indicators to improve psychosocial care in dementia

ABSTRACTBackground: The evidence for the effectiveness of psychosocial interventions in dementia care is growing but the implementation of available evidence is not automatic. Our objective was to develop valid quality indicators (QIs) for psychosocial dementia care that facilitate the implementation process in various countries and settings.Methods: A RAND-modified Delphi technique was used to develop a potential set of QIs. Two multidisciplinary, international expert panels were involved in achieving content and face validity. Consensus on the final set was reached after a conference meeting where a third panel of dementia experts discussed measurability and applicability of the potential set. A retrospective cohort study was conducted to study the feasibility of using the final set in day care centers, hospitals, and nursing homes in Spain and The Netherlands.Results: A total of 104 recommendations were selected from guidelines and systematic reviews and appraised for their contribution to improving the quality of dementia care by 49 dementia experts. Twenty-five experts attended the conference meeting and reached consensus on a set of 12 QIs representing the key elements of effective psychosocial care, such as shared decision-making and interventions tailored to needs and preferences. Data from 153 patient records showed that all but one QI subitem were applicable to all three settings in both countries.Conclusion: Our multidisciplinary and multinational strategy resulted in a set of unique QIs that aims exclusively at assessing the quality of psychosocial dementia care. Following implementation, these QIs will assist dementia care professionals to individualize and tailor psychosocial interventions.

Strategy and the Multinational Enterprise

This article uses a strategic analysis framework to examine the key strategic issues facing multinational enterprises (MNEs). While much of the discussion of international business has to do with the external conditions of international markets and industries, and much of the discussion of MNEs addresses their organizational structures and systems, it is believed that a distinct role exists for multinational strategy. Using an explicitly strategic perspective is meant to emphasize this position. Within this overall framework, the article discusses strategic considerations of the multinational enterprise specifically and ties different approaches to international strategic analysis back to standard strategy tools.

Book Reviews

Meredith A. Crowley of Federal Reserve Bank of Chicago reviews “Elements of Multinational Strategy” by Keith Head,. The EconLit Abstract of the reviewed work begins “Textbook on international business integrates the academic study of international trade and foreign direct investment with the actual strategic and operational decisions of exporters and multinational enterprises. Discusses business across borders; gains from trade; factor advantages; trade costs; trade rules; market adaptation; multinational formation; internalization; competitive interactions; foreign exchange risk; political risk; international taxation; and expatriate assignment. Head is with the Sauder School of Business at the University of British Columbia. No index.”