Franchising is a specific form of business,which began with development in the 50th of last century,whereby the noticeable dynamics gained at the end of last two decades of the 20th century.Its specific substance wins...Franchising is a specific form of business,which began with development in the 50th of last century,whereby the noticeable dynamics gained at the end of last two decades of the 20th century.Its specific substance wins by offering of attractive possibilities for small and medium sized enterprises,in particular by effectivity,lifetime stability in first five years of business activities and its positive vision for survival in the period of crisis and turbulent time.The successfulness of entrepreneurship by franchising form is one of the safety forms of entrepreneurial activity.It offers anyway the rational format with clearly divided tasks,which is the base of dynamical and effective system,at which its compactness,integrity,and reliability is the precondition of surviving and achieving of success,for both parties—the franchisor and for franchisee,as well.Franchising is model for small and medium sized enterprises,which works well if both sides become integrated with it.Problems described in the present paper constitute part of the research project under Grant project of the Slovak Franchising Association(SFA)(project period:2017-2018).Questionnaire was prepared by the authors and the participants were the members of SFA.The questionnaire method applied the open and closed questions,as well.Results and conclusions are presented in the article.展开更多
After joining in WTO,Chinese enterprises face more intense competitive environments. The problems, such as many foreign capital enterprises swarming into China, increasing market competitive ability, keeping on nation...After joining in WTO,Chinese enterprises face more intense competitive environments. The problems, such as many foreign capital enterprises swarming into China, increasing market competitive ability, keeping on national and international market, have become more serious to enterprise’s decision maker. At the same time, the information technology is developing quickly, then business process re engineering will become valid path for enterprise increasing market competitive ability. As a case study, this paper applies Business Process Re engineering(BPR) approach to analyze a Chinese company.展开更多
This article is a report of analysis of Muji's business strategy.First,the vision and mission are introduced.Second,the current strategy is identified.Then the industry analysis,industry driving forces,key success...This article is a report of analysis of Muji's business strategy.First,the vision and mission are introduced.Second,the current strategy is identified.Then the industry analysis,industry driving forces,key success factors,value chain analysis,competitive advantage,competitive power of the competitive advantage were analyzed.At last,on the basis of the former analysis the SWOT analysis was worked out.展开更多
In today's globally competitive world, because of the globalization, new business patterns and the changing nature of consumers, the companies feel the necessity to act strategic in the market and to reach up the tar...In today's globally competitive world, because of the globalization, new business patterns and the changing nature of consumers, the companies feel the necessity to act strategic in the market and to reach up the target markets and sustain maximum customer satisfaction in order to compete and survive. In this context, within the study it is tried to define product positioning in international markets and global branding strategies conceptually and to focus on their contributions to the overall competitive advantage of the company. Initially, the study tries to present the association between product positioning and global branding approaches of the companies and sustaining competitive advantage. Justifications for the examination of the importance of companies' international product positioning and global branding orientations as a basis of creating competitive advantage were derived from the literature. It is suggested that the companies' product positioning and global branding orientations and sustaining competitive advantage are the important aspects in multinational management and international business areas. Therefore, the purpose of this study is to evaluate the impact of product positioning and global branding strategies of the companies with special references to various industries and global brands.展开更多
Companies are currently immersed in a process of competitiveness, which is increasingly more complicated to achieve differentiation that can guarantee you the preference of customers and consequently the success of th...Companies are currently immersed in a process of competitiveness, which is increasingly more complicated to achieve differentiation that can guarantee you the preference of customers and consequently the success of the organization. It becomes partly crucial for the organization to be in the dynamics of the sector and market where it operates and wants its consolidation, because value systems become strategic elemente that play a role as key factors of success in organizations seeking priority intend to increase their organizational performance. Given the above, this research seeks to get to identify strategic uses of information and communication technologies in the processes of the value chain in small commercial businesses in Mexicali, aiming to contribute to the improvement of the competitiveness of the same. It is in this sense that the technologies of information and communication have become a powerful tool that will allow them to be innovative, cost-effective and this will have an impact on the performance of the organization that will allow you to improve your service, interact with customers and suppliers, and above all more efficiently meet their own needs and organizational expectations. This research was exploratory and within the relevant findings, coming to the conclusion that it is necessary to focus more emphatically on the client; organizations have deficiencies in relation to the strategic use of ICTs to streamline their billing, manufacturing, distribution, and storage of your products, activities highlighting this if they don't have a reconsideration in this aspect, at the risk of offset in terms of its competitors which would mean ceasing to be option on the market, stressing that this not only will be a trigger factor in mature companies, but those who need to improve their service and that they will serve as input for the conduction of processes along the value chain. The research is exploratory in nature, as evidenced in the use of the ICTs focused on the man~,gement of the value chain and its relationship with different variables of such management, making that they are discovered behaviors on the structure of the value chain able to generate sustainable benefits and contribute to the improvement of the competitive position of the companies involved in this study.展开更多
Franchising as a specific form of business is one of most interesting and perspective forms of doing business in the 21st century.The present circumstances on the market touched by the crisis require(expected in 2021)...Franchising as a specific form of business is one of most interesting and perspective forms of doing business in the 21st century.The present circumstances on the market touched by the crisis require(expected in 2021)the permanent looking for the certainty for the enterprises.One of it is franchising.It concerned the classical closed vertical distribution system,which is managed on contractual basis and one of the system members,named franchisor,connects some levels in the production-distribution chain.His partner is a franchisee.Both partners are searching for the optimal level of correlative relationship.It is a dynamic commercial system,which represents a modern form of cooperation between the enterprises.Franchising is regarded as a progressive marketing strategy.It is one of few forms of entrepreneurship without stagnation in the crisis period,as well.展开更多
This paper aims to discuss the development and functioning conditions of business networks. After recalling the main characteristics of post-fordistic environment and comparing it to a "stormy sea" (section one) o...This paper aims to discuss the development and functioning conditions of business networks. After recalling the main characteristics of post-fordistic environment and comparing it to a "stormy sea" (section one) of the paper focuses on the idea of networks described as "rafts" useful to firms to build their own competitive advantages. In fact, while theoretical knowledge is not so valuable because everybody can have it, practical and contextual knowledge is specific and therefore it can be defended. The development of a contextual knowledge is feasible if the firm chooses among all the possible alternatives. Subsequently in section two, it shows how fordistic principles eliminate space, reduce time, and increase the speed of communication among individuals and as entering a network has become a necessity as it allows a firm to obtain competitive advantages. The greatest benefit is the chance to share the task of creating new knowledge among different members. In section three it is discussed if navigation in the post-fordistic stormy sea could take advantage from the existence of a more certain regulation. It is necessary to underline that positive law is not a post-fordistic tool. There is no satisfactory detailed law regarding ideas, knowledge, and know-how, by now. Therefore, it is not possible to rely on a specific regulation framework to protect knowledge found on the network. In conclusion in section four, the work discusses how single organizations need to reach the "raft"--which is the network--through the idea of sharing learning and distinguishing elements necessary to survive in the stormy sea post-Fordism environment. Lastly, section five would be analyzed a public institution--Milan Chamber of Commerce--which has "changed its dress" to more effectively perform its support role to firms.展开更多
The economic development needs of developing countries require capital accumulation, which is no longer an easy task, even for industrialized countries. Although borrowing remains an important alternative, it has prov...The economic development needs of developing countries require capital accumulation, which is no longer an easy task, even for industrialized countries. Although borrowing remains an important alternative, it has proved to be an expensive method in the long run. Consequently, to attract foreign direct investment (FDI), developing countries have been liberalizing their economies, which is expected to contribute to job creation and income generation. Libya declared its intention to liberalize its economy and to integrate into the global economy in order to achieve comprehensive development. This study investigates and explores the condition of the Libyan business environment in relation to foreign and joint companies, particularly in the non-oil sectors. This paper aims to investigate whether or not the Libyan business environment is appropriate to attract foreign companies, particularly in the non-hydrocarbon sectors. The method used in this paper is based on creating Porter model of competitive advantage of in relation to attract FDI. The paper reveals clearly that apart from substantial oil reserves, Libya is rich in other resources. Despite these positive advantages, there are numerous obstacles and shortcomings associated with the Libyan business environment. It discovered that the general structure and policies in relation to the Libyan business environment still require considerable attention to bring about the political and administrative stability, as well as the stability of laws and regulations. Furthermore, intensive media campaigns need to be launched with all the necessary legal and political guarantees for attracting FDI into the country.展开更多
From the perspective of the business ecosystem,this paper analyzes the competitive advantage and platform strategy of Da-Jiang Innovations Science and Technology Co.,Ltd.(DJI),a Chinese commercial drone manufacturer t...From the perspective of the business ecosystem,this paper analyzes the competitive advantage and platform strategy of Da-Jiang Innovations Science and Technology Co.,Ltd.(DJI),a Chinese commercial drone manufacturer that is currently leading the global commercial drone industry.DJI was established in 2006 and developed the industry’s first core components such as drone control system.DJI released its“Phantom”in the United States in 2013 and occupied the global commercial drone market accounting for 70%in a short period of time.Its market share has maintained its superiority till present.During the inflection transition from the formation of a new ecosystem to expansion,DJI has defended and strengthened its core technology through a strong containment strategic action of competing with GoPro;therefore,DJI has obtained its hub position of multiple markets with bargaining power.In addition,DJI has entered the surrounding markets of corporate market from the general consumer market,and instilled its own product standards&design standards(reference design).Furthermore,it has stimulated and revitalized coexisting companies,individual&corporate customers for expanding the ecosystem of drone industry.展开更多
Small and medium enterprises(SMEs)play an important role in the world economy.Modern trends in the development of small and medium enterprises imply a constant increase in their role in the total income of an economy....Small and medium enterprises(SMEs)play an important role in the world economy.Modern trends in the development of small and medium enterprises imply a constant increase in their role in the total income of an economy.For such an approach,it is important to achieve quality organizational and managerial concepts of planning strategy development.In many countries,small businesses dominate in the production of a number of smaller products,higher consumption,and high quality of these products.The concept of a small economy consists of a group of companies that stand out in terms of their characteristics in relation to large companies.In relation to large companies as business systems,SMEs differ based on the concept of their own organization’s business,the volume of business,and the availability of resources.Research data show that the main obstacle to efficient continuous business of SMEs in the world is the procurement and maintenance of business resources.Ensuring continuity in production is often a problem of lack of resources,which primarily characterizes them in relation to large companies.Small business and entrepreneurship are the main backbone of today’s economic development,viewed globally.The purpose of the development of small and medium enterprises in the world is to enable the development of a successful and flexible entrepreneurial climate as an important organizational determinant,which is a prerequisite for progress in the modern world economy.The feature of SME development is the innovation of employees that needs to be constantly developed.In that way,conditions are provided for technological development,formation of flexible organizations,and new employment.In practice,small and medium enterprises are the engine of economic development.It is a sector that promotes private property and entrepreneurial skills.According to experts on economic issues,SMEs are today and in the future,not only in Serbia,the Region,but also in the world,a synonym for the private sector-for entrepreneurship.Comparative analysis shows the advantage of SMEs,especially in flexible business,where they can quickly adapt to change and can fully meet market demands.展开更多
文摘Franchising is a specific form of business,which began with development in the 50th of last century,whereby the noticeable dynamics gained at the end of last two decades of the 20th century.Its specific substance wins by offering of attractive possibilities for small and medium sized enterprises,in particular by effectivity,lifetime stability in first five years of business activities and its positive vision for survival in the period of crisis and turbulent time.The successfulness of entrepreneurship by franchising form is one of the safety forms of entrepreneurial activity.It offers anyway the rational format with clearly divided tasks,which is the base of dynamical and effective system,at which its compactness,integrity,and reliability is the precondition of surviving and achieving of success,for both parties—the franchisor and for franchisee,as well.Franchising is model for small and medium sized enterprises,which works well if both sides become integrated with it.Problems described in the present paper constitute part of the research project under Grant project of the Slovak Franchising Association(SFA)(project period:2017-2018).Questionnaire was prepared by the authors and the participants were the members of SFA.The questionnaire method applied the open and closed questions,as well.Results and conclusions are presented in the article.
文摘After joining in WTO,Chinese enterprises face more intense competitive environments. The problems, such as many foreign capital enterprises swarming into China, increasing market competitive ability, keeping on national and international market, have become more serious to enterprise’s decision maker. At the same time, the information technology is developing quickly, then business process re engineering will become valid path for enterprise increasing market competitive ability. As a case study, this paper applies Business Process Re engineering(BPR) approach to analyze a Chinese company.
文摘This article is a report of analysis of Muji's business strategy.First,the vision and mission are introduced.Second,the current strategy is identified.Then the industry analysis,industry driving forces,key success factors,value chain analysis,competitive advantage,competitive power of the competitive advantage were analyzed.At last,on the basis of the former analysis the SWOT analysis was worked out.
文摘In today's globally competitive world, because of the globalization, new business patterns and the changing nature of consumers, the companies feel the necessity to act strategic in the market and to reach up the target markets and sustain maximum customer satisfaction in order to compete and survive. In this context, within the study it is tried to define product positioning in international markets and global branding strategies conceptually and to focus on their contributions to the overall competitive advantage of the company. Initially, the study tries to present the association between product positioning and global branding approaches of the companies and sustaining competitive advantage. Justifications for the examination of the importance of companies' international product positioning and global branding orientations as a basis of creating competitive advantage were derived from the literature. It is suggested that the companies' product positioning and global branding orientations and sustaining competitive advantage are the important aspects in multinational management and international business areas. Therefore, the purpose of this study is to evaluate the impact of product positioning and global branding strategies of the companies with special references to various industries and global brands.
文摘Companies are currently immersed in a process of competitiveness, which is increasingly more complicated to achieve differentiation that can guarantee you the preference of customers and consequently the success of the organization. It becomes partly crucial for the organization to be in the dynamics of the sector and market where it operates and wants its consolidation, because value systems become strategic elemente that play a role as key factors of success in organizations seeking priority intend to increase their organizational performance. Given the above, this research seeks to get to identify strategic uses of information and communication technologies in the processes of the value chain in small commercial businesses in Mexicali, aiming to contribute to the improvement of the competitiveness of the same. It is in this sense that the technologies of information and communication have become a powerful tool that will allow them to be innovative, cost-effective and this will have an impact on the performance of the organization that will allow you to improve your service, interact with customers and suppliers, and above all more efficiently meet their own needs and organizational expectations. This research was exploratory and within the relevant findings, coming to the conclusion that it is necessary to focus more emphatically on the client; organizations have deficiencies in relation to the strategic use of ICTs to streamline their billing, manufacturing, distribution, and storage of your products, activities highlighting this if they don't have a reconsideration in this aspect, at the risk of offset in terms of its competitors which would mean ceasing to be option on the market, stressing that this not only will be a trigger factor in mature companies, but those who need to improve their service and that they will serve as input for the conduction of processes along the value chain. The research is exploratory in nature, as evidenced in the use of the ICTs focused on the man~,gement of the value chain and its relationship with different variables of such management, making that they are discovered behaviors on the structure of the value chain able to generate sustainable benefits and contribute to the improvement of the competitive position of the companies involved in this study.
文摘Franchising as a specific form of business is one of most interesting and perspective forms of doing business in the 21st century.The present circumstances on the market touched by the crisis require(expected in 2021)the permanent looking for the certainty for the enterprises.One of it is franchising.It concerned the classical closed vertical distribution system,which is managed on contractual basis and one of the system members,named franchisor,connects some levels in the production-distribution chain.His partner is a franchisee.Both partners are searching for the optimal level of correlative relationship.It is a dynamic commercial system,which represents a modern form of cooperation between the enterprises.Franchising is regarded as a progressive marketing strategy.It is one of few forms of entrepreneurship without stagnation in the crisis period,as well.
文摘This paper aims to discuss the development and functioning conditions of business networks. After recalling the main characteristics of post-fordistic environment and comparing it to a "stormy sea" (section one) of the paper focuses on the idea of networks described as "rafts" useful to firms to build their own competitive advantages. In fact, while theoretical knowledge is not so valuable because everybody can have it, practical and contextual knowledge is specific and therefore it can be defended. The development of a contextual knowledge is feasible if the firm chooses among all the possible alternatives. Subsequently in section two, it shows how fordistic principles eliminate space, reduce time, and increase the speed of communication among individuals and as entering a network has become a necessity as it allows a firm to obtain competitive advantages. The greatest benefit is the chance to share the task of creating new knowledge among different members. In section three it is discussed if navigation in the post-fordistic stormy sea could take advantage from the existence of a more certain regulation. It is necessary to underline that positive law is not a post-fordistic tool. There is no satisfactory detailed law regarding ideas, knowledge, and know-how, by now. Therefore, it is not possible to rely on a specific regulation framework to protect knowledge found on the network. In conclusion in section four, the work discusses how single organizations need to reach the "raft"--which is the network--through the idea of sharing learning and distinguishing elements necessary to survive in the stormy sea post-Fordism environment. Lastly, section five would be analyzed a public institution--Milan Chamber of Commerce--which has "changed its dress" to more effectively perform its support role to firms.
文摘The economic development needs of developing countries require capital accumulation, which is no longer an easy task, even for industrialized countries. Although borrowing remains an important alternative, it has proved to be an expensive method in the long run. Consequently, to attract foreign direct investment (FDI), developing countries have been liberalizing their economies, which is expected to contribute to job creation and income generation. Libya declared its intention to liberalize its economy and to integrate into the global economy in order to achieve comprehensive development. This study investigates and explores the condition of the Libyan business environment in relation to foreign and joint companies, particularly in the non-oil sectors. This paper aims to investigate whether or not the Libyan business environment is appropriate to attract foreign companies, particularly in the non-hydrocarbon sectors. The method used in this paper is based on creating Porter model of competitive advantage of in relation to attract FDI. The paper reveals clearly that apart from substantial oil reserves, Libya is rich in other resources. Despite these positive advantages, there are numerous obstacles and shortcomings associated with the Libyan business environment. It discovered that the general structure and policies in relation to the Libyan business environment still require considerable attention to bring about the political and administrative stability, as well as the stability of laws and regulations. Furthermore, intensive media campaigns need to be launched with all the necessary legal and political guarantees for attracting FDI into the country.
文摘From the perspective of the business ecosystem,this paper analyzes the competitive advantage and platform strategy of Da-Jiang Innovations Science and Technology Co.,Ltd.(DJI),a Chinese commercial drone manufacturer that is currently leading the global commercial drone industry.DJI was established in 2006 and developed the industry’s first core components such as drone control system.DJI released its“Phantom”in the United States in 2013 and occupied the global commercial drone market accounting for 70%in a short period of time.Its market share has maintained its superiority till present.During the inflection transition from the formation of a new ecosystem to expansion,DJI has defended and strengthened its core technology through a strong containment strategic action of competing with GoPro;therefore,DJI has obtained its hub position of multiple markets with bargaining power.In addition,DJI has entered the surrounding markets of corporate market from the general consumer market,and instilled its own product standards&design standards(reference design).Furthermore,it has stimulated and revitalized coexisting companies,individual&corporate customers for expanding the ecosystem of drone industry.
文摘Small and medium enterprises(SMEs)play an important role in the world economy.Modern trends in the development of small and medium enterprises imply a constant increase in their role in the total income of an economy.For such an approach,it is important to achieve quality organizational and managerial concepts of planning strategy development.In many countries,small businesses dominate in the production of a number of smaller products,higher consumption,and high quality of these products.The concept of a small economy consists of a group of companies that stand out in terms of their characteristics in relation to large companies.In relation to large companies as business systems,SMEs differ based on the concept of their own organization’s business,the volume of business,and the availability of resources.Research data show that the main obstacle to efficient continuous business of SMEs in the world is the procurement and maintenance of business resources.Ensuring continuity in production is often a problem of lack of resources,which primarily characterizes them in relation to large companies.Small business and entrepreneurship are the main backbone of today’s economic development,viewed globally.The purpose of the development of small and medium enterprises in the world is to enable the development of a successful and flexible entrepreneurial climate as an important organizational determinant,which is a prerequisite for progress in the modern world economy.The feature of SME development is the innovation of employees that needs to be constantly developed.In that way,conditions are provided for technological development,formation of flexible organizations,and new employment.In practice,small and medium enterprises are the engine of economic development.It is a sector that promotes private property and entrepreneurial skills.According to experts on economic issues,SMEs are today and in the future,not only in Serbia,the Region,but also in the world,a synonym for the private sector-for entrepreneurship.Comparative analysis shows the advantage of SMEs,especially in flexible business,where they can quickly adapt to change and can fully meet market demands.