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The percentage of international revenues is a standard measure in international business research. (e.g. from, D.C. Heath, Lexington, Mass
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The percentage of international revenues is a standard measure in international business research. (e.g. from. Rugman A. International Diversification and the Multinational Enterprise (1979), D.C. Heath, Lexington, Mass
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to, Cambridge University Press, Cambridge, UK
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to. Rugman A. The Regional Multinationals (2005), Cambridge University Press, Cambridge, UK
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Shakeouts in digital markets: Lessons from B2B exchanges
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33750938205
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note
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Subsequent to this study Hilton Group sold its hotels division, Hilton International, to US-based Hilton Hotels Corporation. On February 23 2006, Hilton Group changed its name to Ladbrokes.
-
-
-
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17
-
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33750949843
-
-
note
-
As two or three companies seemed a low number for characterising an industry, we checked what would happen to the industry F/T if we used a minimum of four companies per industry, by adding British companies beyond the global top 100 in an industry. Of the 15 industries affected, only two resulted in a shift in category of F/T: Fixed Line Communications would have moved from Low International to Moderately International, and Wireless Communications would have moved from Highly International to Moderately International. As these changes are few and minor, we decided to stay with the rule of using only those British companies in the top 100 in their industry. In general, as we looked beyond each industry's top 100 to smaller British companies, the company's F/T ratio declined. Hence, any bias we have, by using only the largest British companies, is to overestimate the extent of F/T.
-
-
-
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18
-
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33750963172
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-
note
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These excluded industries are the four with no British companies at all (Aluminium, Automobile, Non-Ferrous Metals and Savings & Loan) and the 23 with no or just one firm reporting foreign revenues (Advanced Medical Devices, Agriculture, Chemicals, Specialty, Clothing & Fabrics, Coal, Computers, Diversified Financial, Factory Equipment, Forest Products, Healthcare Providers, Heavy Machinery, Internet Services, Land Transportation Equipment, Office Equipment, Paper Products, Pipelines, Pollution Control, Semiconductors, Shipbuilding, Soft Drinks, Steel, Tires, and Trucking). These industries tend to be low in internationalisation, which is probably why firms in them do not separately report their international revenues.
-
-
-
-
19
-
-
33750946522
-
-
note
-
See, for example Michael Porter's list of the UK industries with highest share of world exports. His top five industries in 1985 were whiskey (77.7 per cent), aircraft reaction engines (56.5 per cent), pig or cast iron metal straps (44 per cent), engraving, antiques (39.8 per cent), and sorted, rough, simply worked diamonds (37.1 per cent).
-
-
-
-
21
-
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33750946673
-
-
note
-
For example, Mining, Oil Companies (Major) and Oil Companies (Secondary) might be excluded as extractive industries rather than manufacturing ones.
-
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22
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0030538236
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Developing global strategies for service businesses
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See, for example
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See, for example. Lovelock C., and Yip G. Developing global strategies for service businesses. California Management Review 37 3 (1996) 64-86
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Atamer, T.2
Nunes, P.3
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24
-
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33747032359
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McKinsey & Company examined eight industry sectors, finding the following theoretical maximum percentages of their service (excluding manufacturing) jobs that could be done offshore: packaged software 49 per cent, IT services 44 per cent, retail banking 25 per cent, insurance 19 per cent, pharmaceutical 13 per cent, automotive 11 per cent, healthcare 8 per cent and retail 3 per cent. See, McKinsey Global Institute
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McKinsey & Company examined eight industry sectors, finding the following theoretical maximum percentages of their service (excluding manufacturing) jobs that could be done offshore: packaged software 49 per cent, IT services 44 per cent, retail banking 25 per cent, insurance 19 per cent, pharmaceutical 13 per cent, automotive 11 per cent, healthcare 8 per cent and retail 3 per cent. See. The Emerging Global Labor Market (2005), McKinsey Global Institute
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25
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0039563015
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The internationalisation and performance of SMEs
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Scholars who find a U-shaped relationship between multinationality and performance include:
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Scholars who find a U-shaped relationship between multinationality and performance include:. Lu J.W., and Beamish P.W. The internationalisation and performance of SMEs. Strategic Management Journal 22 (2001) 565-586
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(2001)
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It should be noted that other scholars have found an inverted U relationship and, more recently, a horizontal S curve
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Ruigrok W., and Wagner H. Internationalisation and performance: An organisational learning perspective. Management International Review 43 1 (2003) 63-83 It should be noted that other scholars have found an inverted U relationship and, more recently, a horizontal S curve
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In a previous study of UK firms a positive linear relationship was found between multinationality and performance: see
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In a previous study of UK firms a positive linear relationship was found between multinationality and performance: see. Grant R.M. Multinationality and performance among British manufacturing companies. Journal of International Business Studies 18 3 (1987) 79-89
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A recent study shows that most companies in an industry perform at the level of the industry average. Only exceptions at the extremes achieve performance that is significantly different. See
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A recent study shows that most companies in an industry perform at the level of the industry average. Only exceptions at the extremes achieve performance that is significantly different. See. Hawawini G., Subramanian V., and Verdin P. Is performance driven by industry-or firm-specific factors? A new look at the evidence. Strategic Management Journal 24 1 (2003) 1-16
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For an extensive list of factors favouring the globalisation of industries, see. Yip G. Total Global Strategy (1992), Prentice Hall
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The PIMS Program pioneered the concept of "par" performance in strategy. See. Buzzell R., and Gale B. The PIMS Principles (1987), The Free Press, New York
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Some research discusses emergent, directed, facilitated and transformational strategic renewal journeys and how these ways differ in their capacity to cope with the changing environment. See
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Some research discusses emergent, directed, facilitated and transformational strategic renewal journeys and how these ways differ in their capacity to cope with the changing environment. See. Volberda H., Baden-Fuller C., and Bosch F. Mastering Strategic Renewal. Long Range Planning 34 2 (2001) 159-178
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Among other important factors, success of organisation change is believed to depend upon a change in cultural values. However, recent research shows that acceptance of change does not require a change in values, but rather a change in the way that values were applied. See
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Among other important factors, success of organisation change is believed to depend upon a change in cultural values. However, recent research shows that acceptance of change does not require a change in values, but rather a change in the way that values were applied. See. Carlisle Y., and Baden-Fuller C. Re-applying Beliefs: An Analysis of Change in the Oil Industry. Organisation Studies 25 6 (2004) 987-1014
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