International joint ventures: theoretical considerations

Article Abstract:

A study was done to analyze joint ventures of multinational corporations when they serve a host market. Models were constructed to evaluate the effects of profit sharing, cost reductions, risk reductions and competition reductions on the profits from such ventures. The models show that multinational corporations from joint ventures when there is strong competition and operational risks are present. The level of significant costs determine the choice between mutinational corporations and subsidiaries. Finally, multiple licensing is done when there are many local companies.

Joint ventures, International business enterprises, Multinational corporations

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Managing the transition to mass higher education in Australia

Article Abstract:

A review of the massive restructuring and change in Australia's higher education system is presented. A big change is the transformation from its former binary to a single system, as mandated by the government. However, the major change involves the transition from elite to mass higher education. The need for new strategies and approaches is stressed in the light of these changes.

Australia, Social policy, Education policy, Higher education, Higher education and state

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