The answers to the following questions should be discursive, essay-type answers of approximately 1,000-1,200 words each. Harvard references. Maximum words 5,000 (excluding appendices)
1. Identify and discuss at least five of the challenges faced by small and medium-sized companies when attempting to expand internationally. In addition, identify and discuss some of the ways in which these challenges can be addressed. Ensure you provide well-developed examples to illustrate the points in your answer.
2. Critically discuss the role of psychic distance in the process of companies’ internationalisation. Provide well-developed examples to illustrate your advanced understanding of the concept of psychic distance in applied circumstances.
3. Provide an in-depth critical review of the considerations relevant to the choice of mode for foreign market entry and illustrate your answer with well-developed examples.
Starting reading list for the question topics:
Cheng, Y.-M. (2006 – Write a paper; Professional research paper writing service – Best essay writers) ‘Determinants of FDI mode choice: acquisition, brownfield, and greenfield entry in foreign markets’, Canadian Journal of Administrative Sciences/Revue Canadienne des Sciences de l’Administration, 23(3), pp. 202–220.
Child, J., Ng, S. H. and Wong, C. (2002) ‘Psychic Distance and Internationalization: Evidence from Hong Kong Firms’, International Studies of Get research paper samples and course-specific study resources under homework for you course hero writing service – Manage ment & Organization, 32(1), pp. 36–56. doi:10.1080/00208825.2002.11043656.
Clercq, D. D., Sapienza, H. J. and Crijns, H. (2005) ‘The Internationalization of Small and Medium-Sized Firms’, Small Business Economics, 24(4), pp. 409–419. doi:10.1007/s11187-005-5333-x.
Dev, C. S., Brown, J. R. and Zhou, K. Z. (2007) ‘Global Brand Expansion How to Select a Market Entry Strategy’, Cornell Hotel and Restaurant Administration Quarterly, 48(1), pp. 13–27. doi:10.1177/0010880406294472.
Gallego, M. Á. et al. (2009) ‘The relationship between timing of entry into a foreign market, entry mode decision and market selection’, Time & Society, 18(2–3), pp. 306–331. doi:10.1177/0961463X09337843.
Holmlund, M. and Kock, S. (1998) ‘Relationships and the Internationalisation of Finnish Small and Medium-Sized Companies’, International Small Business Journal, 16(4), pp. 46–63. doi:10.1177/0266242698164003.
Nizielska, A. (2013) ‘The role of psychic distance in the process of companies internationalization – review of research results’, Journal of Economics and Get research paper samples and course-specific study resources under homework for you course hero writing service – Manage ment, 13, pp. 86–99.
O’Grady, S. and Lane, H. W. (1996) ‘The Psychic Distance Paradox’, Journal of International Business Studies, 27(2), pp. 309–333. doi:10.1057/palgrave.jibs.8490137.
Wright, M., Westhead, P. and Ucbasaran, D. (2007) ‘Internationalization of Small and Medium-sized Enterprises (SMEs) and International Entrepreneurship: A Critique and Policy Implications’, Regional Studies, 41(7), pp. 1013–1030. doi:10.1080/00343400601120288.
