Small and Medium-Sized Enterprises

Name: Small and Medium-Sized Enterprises
Brand: Grin Publishing
SKU: 9783656457145
Price: 92.04 RON
Availability: InStock

Definitions, Economic Functions and Determinants of Internationalisation

Autor: Lisa Hohneck

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Editura: Grin Publishing

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Seminar paper from the year 2013 in the subject Business economics - Company formation, Business Pla...

Informații despre carte

Autor

Lisa Hohneck

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

2013

Pagini

EAN

9783656457145

ISBN

365645714X

Enbook ID

01993778

Editura

Grin Publishing

Greutate

Dimensiuni

148 x 210 x 2

Descriere completă

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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Small and Medium-Sized Enterprises

Definitions, Economic Functions and Determinants of Internationalisation

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