The effects of cultural differences on SMEs entry mode selection: Evidence from the Southeast Asian SMEsTools Ripin, Ummu Aiman (2022) The effects of cultural differences on SMEs entry mode selection: Evidence from the Southeast Asian SMEs. [Dissertation (University of Nottingham only)]
AbstractIncreased globalisation around the world has created a globalised market and integrated world economy across different industries and firms, eventually increasing competition. As a survival strategy, SMEs start to be more active in their local market and expand their activities into international market. Going international also suggest the additional elements that SMEs need to overcome which is the cultural differences between home and host country. When moving to a foreign market, firms must understand the market’s culture before making decision on entry mode strategy. This can mean its language, religion, norms and so on.
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