Neste, the Finnish national oil company, responded to the oil crisis of the 1980s by instituting Challenge ′90 , a comprehensive development programme for every employee. According to results so far it has been successful in reducing labour turnover and absenteeism and in increasing employee...

This article is concerned with European Union policy inconsistencies and failures, and the subsequent development of market concentrations, in the newly developing technology of satellite television broadcasts direct to the individual’s home (DTH). In particular, it considers these issues in...

Demonstrates that the European Union (EU) has moved from a twin‐track to a triple‐track approach to the vetting of cross‐border competition concerns. The twin‐track approach is based on co‐operation at the multilateral and bilateral levels. The new third track, not based on...

Some strategy authors suggest that in an emerging market a local conglomerate enjoys certain potential advantages over a smaller focused firm. It can leverage its corporate image to build customer loyalty and raise funds from the capital market. It can mobilise resources from within the group...

Strategic alliances are an important feature of the aerospace industry and many studies have sought to evaluate their performance. Most have taken a policy perspective exploring the economic and political benefits claimed for collaboration of this type. The perspective is a reflection of the...

The European Commission’s competence to vet mergers at the Community level is primarily derived from the Merger Control Regulation (MCR) 1989, amended 1997, which established a concentration architecture based on separate, non‐overlapping jurisdictional spheres for member states and the...

Crosscurrents between globalization and localization have created two world industry segments, an open highly competitive global industry, and a closed highly localized industry. Searching for competitive advantage in this new market environment, global manufacturers are becoming more like local...

Purpose – The purpose of this paper is to illustrate the changing nature of competition in China. China received over $60 billion in foreign direct investment in 2003, and its economy is already the world's second largest in PPP terms. Thus, there is a tremendous need for executives to...

Purpose – To examine how the textile and clothing industries, both of which retain a significant employment presence in the EU, have responded differently to heightened overseas competition and changes in buyer‐supplier relations. Design/methodology/approach – The paper uses...