She plans on keeping the enthusiasm alive and getting people excited to expand business and tourism in the Historic Triangle.Riordan said people may look at her background and assume she will focus on marketing and tourism. While she admits that is true, she said she also plans to focus on growing the business community for the benefit of everyone who works and lives in the Williamsburg area, leaning on her background in leading a small business.With business and tourism in mind, Riordan has set a few goals for the Alliance: to be transparent, focused and accountable.Riordan said it is very important to her that she hears input from all businesses in the area. Conflicting viewpoints are important, as is healthy discourse.
Purpose: The purpose of this paper is to examine the trends, patterns and the impact of cultural and home country macroeconomic influences on Chinese cross border mergers and acquisitions (CBM as foreign entry strategy for the period of 1998 2011.Design/methodology/approach: Using three regression models, namely, ordinary least squares, the random effects and fixed effects to examine the impact of home country macroeconomic and cultural factors on CBM outflows as an entry mode of Chinese firms.Findings: The findings suggest that CBM as a preferred mode of market entry provides a means for obtaining strategic resources to develop competitive advantages for the Chinese emerging market firms. The regression results indicate that home country macroeconomic and cultural variables, including gross domestic product (GDP), liquidity, interest rates, inflation, acquisitions in resource seeking sectors and cultural distance play an important role in explaining the trends of CBM outflows by the Chinese firms.Research limitations/implications: The results imply that government support to emerging market multinational enterprises (EMEs) to acquire strategic assets and economic policies in the home country play an important role in shaping international expansion behaviour of EMEs through CBM The study demonstrates that outward investments of EMEs are partly a function of the level of economic policies and government support at home. The limitation is that most of the Chinese CBM transactions took place in Asia/Pacific locations.
The Red Arrows were in Coventry to thank the men who build the engines which have helped make them a world famous aerobatic team. So the nine man team decided to visit both Coventry plants to say a personal thankyou to the men who make the Orpheus engine. At Parkside they were presented with a set of engraved fan blades from an Orpheus engine by the director and general manager at Rolls Royce Coventry, Mr John James.