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* module NO: MAN00017M
MODULE TITLE: International Business in the Global Context
faculty Tutor: Simon Sweeney
Essay Title: UFIDA Software Co., Ltd, from Beijing, china: lane
to internationalization
Word Count: 2953
* UFIDA Software Co., Ltd, from Beijing, China: path to internationalization
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Introduction
multinational corporations (MNCs) are the corporations that commit in foreign direct coronation (FDI) and own or control value-adding activities in more than single country (Dunning, 1993). Since World War II, MNCs through FDI and disaggregating production activities general have made them very prominent actors in the emergence of world economy.
Since the reform and opening up in 1978, China also experiences rapid growth in both self-whispered and outward FDI. In 2010, China has surpassed Japan and become the second largest economy.
Alone with Chinas resurgence through the friendship of world(prenominal)ization, a growing number of Chinese-based MNCs have successfully strived to habitus their competencies and some have become key players in the global market. According to the Ministry of Commerce of China, there are already everywhere 10,000 Chinese enterprises having establishing businesses in around 160 countries or regions as of 2006 (Xin Hua news, 2007).
UFIDA is one of them. Since 2005, UFIDA is the largest management parcel and services provider in the region of Asia Pacific and defines its core business as ERP (Enterprise Resource Planning) software, offshore software outsourcing and government business software and services (UFIDA website, 2011). Its ERP software, up to 2010, has dominated over even top-notch competitors such as SAP and Oracle, topping the market for nine consequent years in China market (CCID, 2011). Over the culture of twenty-two years, UFIDA has been able to extend its...If you want to get a full essay, order it on our website: Ordercustompaper.com
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