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Small and Medium-Sized Enterprises

Definitions, Economic Functions and Determinants of Internationalisation

Language EnglishEnglish
Book Paperback
Book Small and Medium-Sized Enterprises Lisa Hohneck
Libristo code: 01993778
Publishers Grin Publishing, July 2013
Seminar paper from the year 2013 in the subject Business economics - Company formation, Business Pla... Full description
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6 722 Ft
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Seminar paper from the year 2013 in the subject Business economics - Company formation, Business Plans, grade: 1,0, University of Applied Sciences Trier, language: English, abstract: Field of study: International Business/International EntrepreneurshipSmall and Medium-Sized Enterprises: Definitions, Economic Functions and Determinants of InternationalisationThis study investigates a number of motives stimulating the internationalisation of small and medium-sized enterprises (SMEs).The internationalisation of SMEs usually is not part of a strategy but a reaction to a stimulus. An internationalisation stimulus is a factor fostering a firm s decision to start or maintain committing some resources to act on an international basis. The reaction to stimuli is an indicator for the flexibility of SMEs. It is an interesting point that flexibility helps small firms to overcome the lack of financial resources and is their advantage with regard to internationalisation.After dealing with different definitions of "small" and "medium" with regard to enterprize size and evaluating on the economic functions of smaller firms this work explains the ten following internationalization stimuli:- Potential for extra growth/sales/profit- Production of goods with unique qualities- Influence of decision maker- Orders from abroad- Saturation/shrinkage in domestic market- Intense competition of domestic market- Networking- Fulfilling an international need- Limitation of trade barriers- Global trade infrastructure

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About the book

Full name Small and Medium-Sized Enterprises
Author Lisa Hohneck
Language English
Binding Book - Paperback
Date of issue 2013
Number of pages 24
EAN 9783656457145
ISBN 365645714X
Libristo code 01993778
Publishers Grin Publishing
Weight 45
Dimensions 148 x 210 x 2

Categories

Economics, Finance, Business & Management > Business & Management > Management & management techniques
Economics, Finance, Business & Management > Business & Management > Ownership & organization of enterprises
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