ENTRY MODE AND PARTNER SELECTION IN TURKEY Article

ENTRY MODE AND PARTNER SELECTION IN TURKEY - Article Example Different firms with different times of entry into the Turkish market are highlighted. Specifically, Danish firms have collaborated with Turkish firms in doing business. This is done through establishing joint ventures by the concerned and interested firms. Successful business aspects are highly dependent on strategies. Decisions have to be made and interests into the activities to be undertaken must be clear. In this regard, collaboration with Turkey-based firms is seen as an easier route to operationalize foreign and new firms in Turkey (Beamish & Killing 176). Over and above effective collaborations, management is another critical area to consider. Successful management is an aiding route to business success. This of course must be undertaken within a favorable environment, where in this case Turkey is the environment. Therefore, joint venture mode of entry is fundamental if all market variables are to be exploited, but the right partner combination is of great importance. Firms operate under different goal and objectives. The underlying interest is to minimize costs of operations and consequently maximize business benefits, measured by profitability level. There are reasons why firms targeting the Turkish market opt to establish joint ventures other than seeking to establish individual business operations. It is more likely that there are significant barriers to entry into the Turkish market for a foreign firm and also high competition that is likely to negatively influence new local firms. The joint venture activity therefore becomes a strategic entry option in a bid to realize the expected business outcome by firms in different

Foster Adoption Agency Research Proposal Example | Topics and Well Written Essays - 1750 words

Foster Adoption Agency - Research Proposal Example The intention of starting the organization was to offer a coordinating body that would link the needy children to the adopting firms or the personalities. Concerning the organization’s qualification to handle the work, the founder has relevant educational qualification and experience in child protection. In addition, the management staff consists of people with impeccable knowledge and dedication to serve the purpose. Therefore, they are at a position to carry out the activities relating to adoption more effectively. The founder of the organization together with other co-founders noticed that there was a vacuum between the needy children and the firms and personalities adopting children. Thus, the decision to start the organization was based on the desire to fill this vacuum, and offer the necessary vacuum to those seeking such services. However, due to financial limitations, the company opted to request for grant from California Community Foundation, to facilitate its activities. The founder had contributed $ 6,000, received grants amounting to $ 2,000 from the government. Therefore, in order to fill the budget deficit, the organization has requested $ 12, 000 from California Community Foundation, which was started with the sole objective of enhancing development for the whole community. Foster Adoption Agency is an organization that will be managed by experts in child health, and those who are knowledgeable in laws governing child protection. The founder has a Master’s Degree in child rights and protection, thus best placed to mange such a sensitive organization. Moreover, the people to manage the task of child transfers and coordinate the activities of the organization have proved that they have passion for children and would do everything to make sure that they are safe wherever they are taken (Zimmerman, 1994). Sometimes, the organization would request the involvement of the