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EPG Model
EPG Model is an international business model including three dimensions – ethnocentric, polycentric and geocentric. It has been introduced by Howard V. Perlmutter within the journal article "The Tortuous Evolution of Multinational Enterprises" in 1969. These three dimensions allow executives to more accurately develop their firm's general strategic profile.Barlett et al. (2008) ''Transnational Management: Text, Cases and Readings in Cross-Border Management''. 5th ed. New York: McGraw-Hill. Overview The epg is a framework for a firm to better pinpoint its strategic profile in terms of international business strategy. The authors Wind, Douglas and Perlmutter have later extended the model by a fourth dimension, "Regiocentric", creating the "EPRG Model". The importance of the EPG model is mainly in the firm's awareness and understanding of its specific focus. Because a strategy based mainly on one of the three elements can mean significantly different costs or benefits to the fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Howard V
Howard is an English-language given name originating from Old French Huard (or Houard) from a Germanic source similar to Old High German ''*Hugihard'' "heart-brave", or ''*Hoh-ward'', literally "high defender; chief guardian". It is also probably in some cases a confusion with the Old Norse cognate ''Haward'' (''Hávarðr''), which means "high guard" and as a surname also with the unrelated Hayward. In some rare cases it is from the Old English ''eowu hierde'' "ewe herd". In Anglo-Norman the French digram ''-ou-'' was often rendered as ''-ow-'' such as ''tour'' → ''tower'', ''flour'' (western variant form of ''fleur'') → ''flower'', etc. (with svarabakhti). A diminutive is "Howie" and its shortened form is "Ward" (most common in the 19th century). Between 1900 and 1960, Howard ranked in the U.S. Top 200; between 1960 and 1990, it ranked in the U.S. Top 400; between 1990 and 2004, it ranked in the U.S. Top 600. People with the given name Howard or its variants include: Given ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethnocentrism
Ethnocentrism in social science and anthropology—as well as in colloquial English discourse—means to apply one's own culture or ethnicity as a frame of reference to judge other cultures, practices, behaviors, beliefs, and people, instead of using the standards of the particular culture involved. Since this judgment is often negative, some people also use the term to refer to the belief that one's culture is superior to, or more correct or normal than, all others—especially regarding the distinctions that define each ethnicity's cultural identity, such as language, behavior, customs, and religion. In common usage, it can also simply mean any culturally biased judgment. For example, ethnocentrism can be seen in the common portrayals of the Global South and the Global North. Ethnocentrism is sometimes related to racism, stereotyping, discrimination, or xenophobia. However, the term "ethnocentrism" does not necessarily involve a negative view of the others' race or indicate a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tunnel Vision
Tunnel vision is the loss of peripheral vision with retention of central vision, resulting in a constricted circular tunnel-like field of vision. Causes Tunnel vision can be caused by: Eyeglass users Eyeglass users experience tunnel vision to varying degrees due to the corrective lens only providing a small area of proper focus, with the rest of the field of view beyond the lenses being unfocused and blurry. Where a naturally sighted person only needs to move their eyes to see an object far to the side or far down, the eyeglass wearer may need to move their whole head to point the eyeglasses towards the target object. The eyeglass frame also blocks the view of the world with a thin opaque boundary separating the lens area from the rest of the field of view. The eyeglass frame is capable of obscuring small objects and details in the peripheral field. Mask, goggle, and helmet users Activities which require a protective mask, safety goggles, or fully enclosing protective he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internationalization
In economics, internationalization or internationalisation is the process of increasing involvement of enterprises in international markets, although there is no agreed definition of internationalization. Internationalization is a crucial strategy not only for companies that seek horizontal integration globally but also for countries that addresses the sustainability of its development in different manufacturing as well as service sectors especially in higher education which is a very important context that needs internationalization to bridge the gap between different cultures and countries. There are several internationalization theories which try to explain why there are international activities. Entrepreneurs and enterprises Those entrepreneurs who are interested in the field of internationalization of business need to possess the ability to think globally and have an understanding of international cultures. By appreciating and understanding different beliefs, values, behavio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Quarterly
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harvard Business Review
''Harvard Business Review'' (''HBR'') is a general management magazine published by Harvard Business Publishing, a wholly owned subsidiary of Harvard University. ''HBR'' is published six times a year and is headquartered in Brighton, Massachusetts. ''HBR'' covers a wide range of topics that are relevant to various industries, management functions, and geographic locations. These include leadership, negotiation, strategy, operations, marketing, and finance. ''Harvard Business Review'' has published articles by Clayton Christensen, Peter F. Drucker, Michael E. Porter, Rosabeth Moss Kanter, John Hagel III, Thomas H. Davenport, Gary Hamel, C. K. Prahalad, Vijay Govindarajan, Robert S. Kaplan, Rita Gunther McGrath and others. Several management concepts and business terms were first given prominence in ''HBR''. ''Harvard Business Review''s worldwide English-language circulation is 250,000. HBR licenses its content for publication in thirteen languages besides English. Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geocentrism
In astronomy, the geocentric model (also known as geocentrism, often exemplified specifically by the Ptolemaic system) is a superseded description of the Universe with Earth at the center. Under most geocentric models, the Sun, Moon, stars, and planets all orbit Earth. The geocentric model was the predominant description of the cosmos in many European ancient civilizations, such as those of Aristotle in Classical Greece and Ptolemy in Roman Egypt. Two observations supported the idea that Earth was the center of the Universe: * First, from anywhere on Earth, the Sun appears to revolve around Earth once per day. While the Moon and the planets have their own motions, they also appear to revolve around Earth about once per day. The stars appeared to be fixed on a celestial sphere rotating once each day about an axis through the geographic poles of Earth. * Second, Earth seems to be unmoving from the perspective of an earthbound observer; it feels solid, stable, and stationary. An ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polycentrism
Polycentric is an English adjective, meaning "having more than one center," derived from the Greek words ''polús'' ("many") and ''kentrikós'' ("center"). Polycentricism (or polycentricity) is the abstract noun formed from polycentric. They may refer to: * Polycentric law, a legal structure in which providers of legal systems compete or overlap in a given jurisdiction * Polycentric chromosome, a chromosome with more than one centromere * Polycentric language or pluricentric language, a language with several interacting codified standard versions * Polycentric metropolitan area A metropolitan area or metro is a region that consists of a densely populated urban agglomeration and its surrounding territories sharing industries, commercial areas, transport network, infrastructures and housing. A metro area usually com ..., an urban area that contains multiple urban agglomerations not connected by continuous development * Polycentrism theory, a political theory developed by Pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethnocentrism
Ethnocentrism in social science and anthropology—as well as in colloquial English discourse—means to apply one's own culture or ethnicity as a frame of reference to judge other cultures, practices, behaviors, beliefs, and people, instead of using the standards of the particular culture involved. Since this judgment is often negative, some people also use the term to refer to the belief that one's culture is superior to, or more correct or normal than, all others—especially regarding the distinctions that define each ethnicity's cultural identity, such as language, behavior, customs, and religion. In common usage, it can also simply mean any culturally biased judgment. For example, ethnocentrism can be seen in the common portrayals of the Global South and the Global North. Ethnocentrism is sometimes related to racism, stereotyping, discrimination, or xenophobia. However, the term "ethnocentrism" does not necessarily involve a negative view of the others' race or indicate a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polycentric
Polycentric is an English adjective, meaning "having more than one center," derived from the Greek words ''polús'' ("many") and ''kentrikós'' ("center"). Polycentricism (or polycentricity) is the abstract noun formed from polycentric. They may refer to: * Polycentric law, a legal structure in which providers of legal systems compete or overlap in a given jurisdiction * Polycentric chromosome, a chromosome with more than one centromere * Polycentric language or pluricentric language, a language with several interacting codified standard versions * Polycentric metropolitan area, an urban area that contains multiple urban agglomerations not connected by continuous development * Polycentrism theory, a political theory developed by Palmiro Togliatti Palmiro Michele Nicola Togliatti (; 26 March 1893 – 21 August 1964) was an Italian politician and leader of the Italian Communist Party from 1927 until his death. He was nicknamed ("The Best") by his supporters. In 1930 he became ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Geocentric Model
In astronomy, the geocentric model (also known as geocentrism, often exemplified specifically by the Ptolemaic system) is a superseded description of the Universe with Earth at the center. Under most geocentric models, the Sun, Moon, stars, and planets all orbit Earth. The geocentric model was the predominant description of the cosmos in many European ancient civilizations, such as those of Aristotle in Classical Greece and Ptolemy in Roman Egypt. Two observations supported the idea that Earth was the center of the Universe: * First, from anywhere on Earth, the Sun appears to revolve around Earth once per day. While the Moon and the planets have their own motions, they also appear to revolve around Earth about once per day. The stars appeared to be fixed on a celestial sphere rotating once each day about an axis through the geographic poles of Earth. * Second, Earth seems to be unmoving from the perspective of an earthbound observer; it feels solid, stable, and stationary. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
