Palliser Furniture Essay Help

Palliser Furniture Essay Help-85
Capabilities – in addition to capacity, Palliser has the capability to produce significant levels of furniture within their 8 factories located internationally (4 factories in Canada and 4 factories in Mexico) along with other owned facilities in the US.The organization also has the ability to make particle board and upholstery fabrication.

Capabilities – in addition to capacity, Palliser has the capability to produce significant levels of furniture within their 8 factories located internationally (4 factories in Canada and 4 factories in Mexico) along with other owned facilities in the US.The organization also has the ability to make particle board and upholstery fabrication.

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Of all the existing entry modes into the foreign market, Joint ventures are most widely practiced form of business organization in emerging economies (Vaupel & Curhan 1973).

Even Fortune 500 companies of the developed countries are involved in such type of entry mode (Janger, 1980; Harrigon, 1985).

Secondly, handling various political issues, senior government officials and distributers becomes the responsibility of the Indian company (Hill, 2009).

Securing the working license is again the job of the Indian company.

Canada, being the 5th largest exporter of furniture in the world, has an export-oriented industry (Buisson, 2011).

A Canadian Furniture Company wants to expand its business by internationalizing the firm to serve the global market.

One must spend time and investigate about the knowledge of institutional environment (Hamel, et al., n.d.).

The company must have a proper knowledge of local markets, needs and necessities of population, cultural difference, weather conditions, etc. The entry modes are considered as "frontier issues" in international business (Wind & Perlmutter, 1977).

It has been India's tradition of manufacturing good quality furniture through small-scale handicrafts as also through large companies.

The concept of standardization of lifestyle, interior designing, quest for comfort and architecture have got an added value thereby making furniture industry a great platform for art, style, technology and beauty (Shivcreations, 2010).

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