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Unformatted text preview: rnational joint ventures. The
influence of company size on its freedom of choice in selecting market entry mode and their
relevant preferences depends on industry-specific resource demands for individual market
Management locus of control
Koch (2001) also states that the significance of management locus of control for the degree of
company international business involvement and the market entry mode preference is often
underestimated, if not overlooked altogether. Yet strong internal, or external, loci of control
are likely to considerably affect manager perceptions; the way their institution works and their
market entry mode decisions may thus, particularly in less experienced companies, determine
the outcome of this decision process. If the decision is significantly influenced by a number of
managers, we have a potentiality of locus of control discord; depending on its management
style, the company will either disregard loci of control, which do not agree with the decision
maker or undertake actions aimed at achieving perceptual consensus with regard to...
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This document was uploaded on 03/22/2014.
- Summer '14
- The Land