Essays on Communities, Alliances, and Networks in Multinational Companies Research Paper

Tags: Fair Trade
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The paper “ Communities, Alliances, and Networks in Multinational Companies” is a thrilling example of the research paper on business. Research carried out on major companies in Jordan indicates that cooperative strategies have the capacity to improve the performance by assisting the firms to obtain access to the much-needed resources, spread the perceived risks across several partners, and to enter into the new market segments. Interviews with thirty-seven medium-size business managers indicate that even small businesses can also have an advantage when they get to the cooperative networks. Highly-allied medium businesses seek alliances to access resources.

Reports further reveal that highly allied enterprises' growth is rapid, unlike the less allied companies. Joint decision making and having mutual goals have been identified as the key strategies for the success of these ventures. Data from the studies of the fundamental management success points out the importance of inter-organizational networks and alliances in establishing sound fair trade market and how these elements help firms increase their profits. Borrowing from the interviews conducted from the industry, and interpretive analysis can be drawn on the firms’ relationships and networks within the businesses and how they have successful management the fair trade.

The major benefits of business networks are three, namely: Competitive developments, Intellectual developments, and ideological developments. Competitive developments – allows virtual integration where both investments are flexible on their projects and have access to expand while positioning in the wider market. Intellectual developments- this element offers the opportunity for both parties to share intellectual capital bearing in mind the size and diversity of the network of the firms. Ideological developments-there is a common interest and goal and like-minded persons. Introduction. Being a little person is really hard, big boys who are bully rough you up all the time.

Yet these little people have learned to struggle together as a unit to be best bullies. The question is, why can’ t small firms adopt their idea and make it a solution?

References

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1. Weiss, E .and Hughes, (2007), “Simple rules for making alliances work”, Harvard Business Review, 75: 102-137

2. H, Chesbrough.W. (2008), “Why companies should have open business models”, Sloan Management Review, 48: 22-28;

3. H, Chesbrough.W. (2007): Open business models: How to thrive in the new innovation landscape, Boston, MA: Harvard Business School

4. S.C. Wheelwright and Hayes, R.H. (2006). Restoring Our Competitive Edge. New York: 5.John C. Wiley & Sons Publishers

6. Kraar. L. 2005. Your rivals can be your allies. 2nd , ED.

7. Harvard Business Review (February-April) 68:143-164.

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