The reason for a company to become a multi-national enterprise MNE can have multiple reasons. One is to diversify the own business operations in order to minimize risks and uncertainties of the home market business cycle. This was in fact the main reason for Martinez Construction to take the decision to expand into a foreign marketplace. Recent declines in contracts made the management aware of making the own business more independent of the local economic conditions. Therefore the decision for internationalization of Martinez Construction was rather reactive.
Just as real business implications were recognized the management became alert and thought of suitable countermeasures. Rugman and Collinson [1] name four more reasons for becoming a MNE. These are to enter growing and promising markets with a high number of potential consumers, reducing costs by setting up operations close to the foreign consumers in order to eliminate transportation expenses, setting up operations in the home countries of major competitors in order to attack them on their home ground and hence encounter the threat of increasing competition in the own home market, or last but not least to overcome protectionism of markets or countries tariff and non-tariff barriers by serving the market from within.
The management of Martinez Construction believed that the only solution for the survival and further growth of the company was the expansion into the international marketplace. As mentioned in the Introduction already, the attention was drawn on the new East German states because of cheap labor and raw materials.
Case Study: The Martinez Construction Company in Germany
If not, what might the Spanish have done to be better prepared? Companies which operate only in one country are usually not challenged dealing with lots of economic, cultural and legal variables. A MNE however operating in foreign markets needs to deal with all the implications which evolve out of these variables.
Therefore the social and cultural differences between countries are very important and need to be considered when one wants to do successful business. To mention this first, the Spanish were not prepared well at all for acquiring a foreign company neither for having negotiations with the German Treuhandanstalt THA. The initial idea for expansion to Germany was based on a quite blue-eyed approach. But probably they did not consider that the people they met were West Germans because the East Germans were not allowed to travel so far. The mentality however is quite different between the East and West Germans, as Martinez Construction later on experienced with the new acquired employees — they were not as happy anymore as the German tourists.
And second, because of many German companies started to conduct business in Spain he thought of the new Eastern German states as ideal market because of cheap labor and raw materials. The choice of Martinez Construction to expand into the German marketplace was neither based on rational facts nor on clear developed objectives. The selection was made on the experience and gut feelings of one person, the CEO.
The Spanish were not having a clear and well-developed strategy for an international expansion and how to assert a competitive advantage in a foreign marketplace. Although, in the 2nd step the management of Martinez Construction conducted lots of research about different market entry strategies into the German marketplace which finally ended in the idea of acquiring a company from the THA. They were not confirming their initial assumptions regarding the market potential. According to Keegan and Schlegelmilch, a market selection can not simply rely only on information based on secondary sources, because there are always certain kinds of information which only can be found out when visiting the potential market personally [3] , e.
Therefore it is indispensable to gather additional data during a personal visit to finally get a go or no-go decision on the chosen market. Learn more about Amazon Prime. Please try your request again later.
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Learn more at Author Central. All Formats Kindle Edition Sort by: Popularity Popularity Featured Price: Low to High Price: High to Low Avg. Corporate social responsibility standard - Pros and Cons Jun 09, In , publisher Eugene Meyer and noted chemist Willia The G followed the highly successful G vacuum tube computer. Bendix sold its computer division to Control Data Corporation in , effectively terminating the G Word size was 32 bits, plus parity. Up to 32k words of memory could be used. Single and Double precision floating point were allowed, as well a custom scaled format, called Pick-a-Point.
A special form of the pick-a-point allowed an integer. Memory locations 1 through 63 were used as index registers. One hundred and ten instructions were in the instruction set. Multiply time was microseconds, and divide time was microseconds. Basic memory cycle time was 6 microseconds. The Bendix Trophy is a U. The transcontinental, point-to-point race, sponsored by industrialist Vincent Bendix founder of Bendix Corporation, began in as part of the National Air Races.
The last Bendix Trophy Race was flown in The trophy was brought back in by AlliedSignal, the then-owner of the Bendix brand name which later merged with Honeywell , to "recognize contributions to aerospace safety by individuals or institutions through innovation in advanced safety equipment and equipment utilization.
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The race The purpose was to interest engineers in building faster, more reliable, and durable aircraft. Bendix competitors flew from Burbank, California, to Clevela Henri Perrot 21 August — , in Paris was a French engineer who was one of the pioneers of the automobile industry from the late nineteenth and early twentieth centuries.
When he left school in , he went to Brasier and helped design the car that would win the Gordon Bennett Cup in and For this Henri Perrot receives the Grand Bronze Medal of the Conseil national des professions de l'automobile CSCA , "as a reward for the service rendered to the French Automobile Industry, contributing in a large extent to the construction of the car that retained Gordon Bennett Trophy. King Radio was an avionics company started by Ed King, Jr — King was an engineering student at Kansas State University.
In he founded his first company manufacturing components for Arthur A. Collins of Collins Radio.
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After selling his first venture in , King founded King Radio in a rural area outside Kansas City. Today it is part of Honeywell International Inc. It was a major avionics supplier of Cessna, Piper, and Beechcraft. History of Bendix Helicopters A pressure carburetor is a type of fuel metering system manufactured by the Bendix Corporation for piston aircraft engines, starting in the s. It is recognized as an early type of throttle-body fuel injection and was developed to prevent fuel starvation during inverted flight. Concept Most aircraft of the s and s had a float-type carburetor.
They are adequate for civil aircraft which normally fly upright, but present a problem for aircraft which fly upside-down or are subject to a negative g-force, especially military fighters and aerobatic aircraft. The float operates a valve which keeps the fuel level in the carburetor consistent despite varying demands by means of a linked float valve. As the fuel level increases, the valve closes slowing or stopping the flow into the bowl.
However, since the float depends on g Charles Herbert Colvin was the president. They specialized in aeronautical instruments including a bubble sextant and the Earth Inductor Compass. The Pioneer division did not survive the end of the Bendix Corporation in Carol Grace September 11, — July 21, was an American actress and author.
Carol never knew her biological father. She was placed in foster care until the age of eight when her mother married Charles Marcus, the wealthy head of the Bendix Corporation. Carol would take his last name as her own. The couple had two children: Aram Saroyan, an internationally known writer, and the late actress Lucy Saroyan, who died in The couple remained wed until his death on July 1, ; they Bendix may refer to: Zenith X7 updraft carburetor on a International Harvester Super A tractor Zenith Carburetor later the Fuel Devices Division of Bendix Corporation was an American manufacturer of gasoline engine management systems and components, chiefly carburetors and filters.
It was founded in Detroit, Michigan in The carburettor had two jets, one for rich mixture, one for lean. The mixture was then combined in the right proportions for the engine's speed and load. Ford Zenith's product was one of a small number of different carburetors used on the Ford Model T. It was also fitted to 3. Micro ribbon connectors were an Amphenol invention, but this sample may not have been manufactured by Amphenol Amphenol Corporation is a major producer of electronic and fiber optic connectors, cable and interconnect systems such as coaxial cables.
Amphenol was founded in Chicago in by entrepreneur Arthur J. Schmitt, whose first product was a tube socket for radio tubes valveholder bases. Amphenol expanded significantly during World War II, when the company became the primary manufacturer of connectors used in military hardware, including airplanes and radios.
From to it was part of Bunker Ramo Corporation. The company sells its products into diverse electronics markets, including military-aerospace, industrial, automotive, information technology, mobile phones, wireless infrastructure, broadban AlliedSignal was an American aerospace, automotive and engineering company created through the merger of Allied Corp. Barrett Chemical Company est.
The consolidation occurred with the backing of chemist William Nichols, who became concerned about dependence on the German chemical industry during World War I, and financier Eugene Meyer. It acquired the Eltra Corporation in Joseph County, Indiana, south of New Carlisle.
The park is under the control of the St. Joseph County Parks and Recreation Department. The name Bendix Woods originates from the Bendix Corporation which donated the land to the county for the creation of a park. The park's historical significance, however, dates to its establishment by the Studebaker Corporation, formerly of nearby South Bend, Indiana as the first model test facility for an American automobile company. Studebaker developed the acres 3. Studebaker heavily promoted the grounds as a "Million Dollar Outdoor Testing Laboratory" in advertisements.
The test track that ran through the grounds simulated a variety of terrains and road conditions. Studebaker landscaped the park by keeping natural features. The Pac-Man defense is a defensive business strategy used to stave off a hostile takeover, in which a company that is threatened with a hostile takeover "turns the tables" by attempting to acquire its would-be buyer.
The name refers to Pac-Man, a video game in which the protagonist is at first chased around a maze of dots by 4 ghosts. However, after eating a "Power Pellet" dot, he is able to chase and devour the ghosts. A major example in U. In response, Martin Marietta started buying Bendix stock with the aim of assuming control over the company. Bendix persuaded Allied Corporation to act as a "white knight," and the company was sold to Allied the same year.
Autolite or Auto-Lite is an American brand of spark plugs and ignition wire sets. Autolite products are sold in the United States, Canada and Mexico, and as of are now sold in Australia. History The origins of Autolite can be traced to , when Electric Autolite was founded. The company produced a generator to power early day auto lamps or buggy lamps. In , Royce G. Martin, President of the Electric Autolite Company, decided that the company should enter the business of manufacturing spark plugs.
Intended for carriage by the Douglas F6D Missileer fleet defense fighter, the Eagle program was cancelled before testing could begin, but the lessons learned were used in the development of the AIM Phoenix missile. Design and development Development of the AAM-N began in with the definition of the fleet defense fighter: He is one of three individuals, with whom are credited in major contributions to the invention of radar, but is probably best known as the man who transformed Hughes Aircraft from Howard Hughes' aviation "hobby shop" into one of the world's leading technology companies.
Hyland was born in Nova Scotia, Canada, but his family moved to the U. He served in the U. Army during World War I, and then in the U. Hyland then joined the U.
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Naval Research Laboratory as a radio engineer. While at NRL he first demonstrated the reflection of radio waves from aircraft, and also made other contributions to the development of doppler radar. In Hyland was hired as Vice Pr The G20 is an international group of 20 major economies. The term is also used to refer to any of the G20 summits. G20 may also refer to: On March 1, , the Boeing rolled over and crashed into Jamaica Bay two minutes after takeoff, killing all 87 passengers and eight crew members aboard.
A Civil Aeronautics Board CAB investigation determined that a manufacturing defect in the automatic pilot system led to an uncommanded rudder control system input, causing the accident. A number of notable people died in the crash. It was the fifth fatal Boeing accident and, at the time, the deadliest. It was delivered to American Airlines on February 12, At the time of the crash, it had accumulated 8, flight hours. Its last periodic inspection had occurred on January 18, at 7, hours of air time.
They sold the company to Bendix Corporation in the late s. He died on December 21, Also Drove Racing Cars. Kliesrath, vice president of the Bendis Aviati American Forest Products Corporation was the name of a Fortune [1] company that began in the s and endured under the same leadership until it was sold to the Bendix Corporation in [2]. The company produced wooden boxes used primarily by fruit growers and canners and "shook" the material of shipping strips which were used to keep boxes from shifting in transit. In , the company was renamed the Stockton Box Company.
Tartar and Webster incorporated in and later included their legal partner, Walter S. Johnson, to become Tartar, Webster and Johnson, Inc. The box company expanded in the s to include timber, saw mills and lumber. The company name became the American Forest Products Corporation. A listing of Corporate holding compiled in included: The plant produces non-nuclear mechanical, electronic, and engineered material components for U. Name Bauer attributes the name to Bottenbruch: In business, a white knight is a friendly investor that acquires a corporation at a fair consideration with the support from the corporation's board of directors and management.
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This may be during a period while it is facing a hostile acquisition from another potential acquirer black knight or it is facing bankruptcy. The intent of the acquisition is to circumvent the takeover of the object of interest by a third, unfriendl Of the three types of carburetors used on large, high-performance aircraft engines manufactured in the United States during World War II, the Bendix-Stromberg pressure carburetor was the one most commonly found. Both of these types of carburetors had a relatively large number of internal parts, and in the case of the Holley Carburetor, there were complications in its "variable venturi" design.
A floatless pressure carburetor is a type of aircraft fuel control that provides very accurate fuel delivery, prevents ice from forming in the carburetor and prevents fuel starvation during negative "G" and inverted flight by eliminating the customary float-controlled fuel inlet valve. Unlike the float-type carburetor fuel system that relies on venturi suction to draw fuel into the engine, a pressure carburetor only uses the venturi to measure the mass airflow into the engine Philip Bayard "Phil" Crosby, June 18, — August 18, was a businessman and author who contributed to management theory and quality management practices.
Early life and career Crosby was born in Wheeling, West Virginia, in In between, he earned a degree from the Ohio College of Podiatric Medicine.
He left after less than two years to become senior quality engineer This is a list of radars. A radar is an electronic system used to detect, range determine the distance of , and map various types of targets. The STM3 inertial platform was a device for measuring acceleration and attitude of the Saturn V launch vehicle. It was carried by the Saturn V Instrument Unit, a 3-foot-high 0.
Its nomenclature means "stable table" ST for use in the moon mission M , and it has 3 gimbals. It took 9 men 22 to 24 weeks to assemble an ST, and 70 percent of that time was spent installing about 3, wires. Other major divisions include Mopar, its automotive parts and accessories division, and SRT, its performance automobile division.
Chrysler used the General Motors brand diversification and hierarchy strategy he had seen working for Buick.