Strategic Alignment and Performance of Market - Seeking MNCs in China  

Oleh:

Yadong, Luo ; Seung, Ho Park

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 22 no. 2 (2001), page 141-156.
Topik: market; strategic alignment; market - seeking MNCs; economic; transitions

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.7 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This study explores the environment - strategy - performance relation of foreign firms, especially those with a market - seeking mandate, in china. The results indicate that the analyzer orientation is best suited to the turbulent chinese market, which has been undergoing an economic transition in recent years. There is also a significant difference in financial performance among market - seeking MNCs depending on strategic orientations, with the analyzer orientation producing the highest performance. The prospector and the defender orientations lead to poor financial performance because of the mismatch with china's market, which is highly dynamic and complex. Our findings reiterate the importance of understanding local market traits and opportunities and developing proper strategic configurations for market - seeking MNC subsidiaries, especially in an emerging economy like china.

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