Comparative and critical analysis of two “peer-reviewed” business/management academic journal articles of the student’s choice
articles must be related to the topic of: Making A National Business/Company In Egypt Into An International One.
Aim is to answer
- Why did you choose the articles?
- Why are the articles interesting?
- What can we learn from the research?
- What are the similarities and differences between the articles?
- How can we apply the research topic to real-life situations?
Differences and similarities between two peer-reviewed articles on internationalizing an Egypt-based business
There is a difference in competitive strategy orientation when it compares and contrasts in more and less developed nations. The main purpose behind the selection of these articles is that they are related to the competitive strategy by taking consideration of the global companies which would be helpful for the Egypt companies to understand the norms and policies so that Egypt can expand its business at the global level. The first journal article of Parnell describes different kinds of strategies in order to expand the business internationally in which the porter’s generic strategies are explained which elaborates the suggestion of success of any kind of business (Parnell, 5479). On the other hand, the second article of Islam emphasizes the various factors that affect the internationalization process in emerging economies in the case of Egyptian SMEs. The description of Egypt local business has been made under this article which would be helpful to know more about the efficiency of the business in order to expand the business into globally. Both articles have a different point of view of the same context which would be helpful for Egyptians to expand its business globally. There is a proper use of theoretical framework which refers as the reliable information. The case study method has been taken in one of the articles that show the relevant information by which one can apply the same in their real life situations (AbdelKhalik and Ashraf 2).
It has been analyzed in the first article that the discussion has been made on the current strategy of the competitive strategy organizational performance boding which can be fetched by the industrial organization framework of industry behavior. The features of Egypt, as well as Peru, have been elaborated under this article by taking consideration of the models in which the major determinants of organizational performance has been elaborated. The article of Parnell challenged the inability of International Organization in order to elaborate the performance variances within the company. The interesting thing under this article is that the labor cost in both nations are elaborated which would be helpful for the researcher to know more about the expansion strategy of the Egypt Business into international form. It has been described by the researcher under this article that the organization is enhancing nations characteristically enjoy a comparative benefit in production costs when valued to their equivalent in the developed globally.
Another article of Islam emphasizes the various factors as well as aspects that influence the internationalization process of small business enterprises in the Egyptian Context. The interesting thing under this article is that the questions arebeing made under this research in the context of the Egyptian firms, activities of the internationalization process. The case study has been taken into consideration for this research that is why semi-structured interviews with experts will be conducted (Parnell, 5489). Along with that, the findings of this study has opened up the chances for making effective understanding of the internationalization process in rising economies such as the Egyptian One. It has been analyzed that this article has taken an overview of the SMEs in Egypt. The manufacturing and trade activities are considered under this research.
Analysis of competitive strategy orientation and organizational performance in emerging nations
With the help of the first article, it has been learned that the role of the cost leadership, differentiation and focus strategy has the potential to link with the performance of the companies in Egypt. Egypt is the country that has effective culture and commercial tradition, but the present business and the management practices of this country insulate behind Western nations. It has been found under this research article that the western foreign investments, as well as the joint ventures with the firms of the Egypt, have amplified significantly in latest decades. Along with that, it has been elaborated that the capital as well as other resourcesneeds to be restricted in growing countries. Egypt is the country that entirely dependent on the allocations of the government for resources and the practices regarding management cannot be taken into consideration solely but it includes the role of the nation-state (Parnell, 5487).
Another article of Islam has elaborated the theoreticalframework which givesa better understanding regarding the internationalization process of SMEs. It has been learned by this article that thereare different kinds of the perspective of internationalization. Along with that this research paper has elaborated the research methodology in which from where the information has been taken is elaborated. This activity has helped to get know more about the research method which would be helpful to do further research. There is a discussion regarding the innovative culture along with the capabilities of INVs that have given vital for developing into diversified foreign markets. It has elaborated the knowledge that drives organizations to enter foreign networks and recognize and develop opportunities abroad while capabilities are needed to solve growth-regarding the issues and conquer survival crises. Therefore, the growth of INV has best understating regarding the management of the entrepreneurial internationalization behavior of choices, procedures, and behavior (AbdelKhalik and Ashraf 6).
It has been found that both articles have similarities in the context of the description of the Egypt Business that would be helpful for the researcher to attain an effective knowledge regarding the internationalization. The first article of this assignment has shown the information regarding the manufacturing and the service organization. On the other hand, the second article has given the information by taking consideration of SMEs of Egypt and the internationalization process of those SMEs (AbdelKhalik and Ashraf 6). It has been cleared from the analysis of both articles that the main focus of both researchers on the cost leadership, differentiation,and focus conceptualization. However, both papers have the same approach but the way of description is entirely different from each other.
Factors that influence internationalization and the internationalization process in emerging economies
In the context of the differences of both articles, it has been found that the structure of making research is entirely different in both researchers. The first article has focused on the factors that affect the internationalization on the other hand other article has focused on the two countries Egypt and Peru. This article described the culture difference and its impact on the performance of the organization. It has been found that the main concern of the first article is on the new construction that can be more attractive in explaining the management behavior. It has been found that there is a need for changed research approaches in order to contrast and compare the practices of diverse people (AbdelKhalik and Ashraf 5). There is one more different in both articles in the context of the proposed topic. One article has described the information regarding the SMEs in which banks and manufacturing organizations are considered while another organization is focused on the strategy and performance of the overall organization of Egypt and Peru.
Both types of research have been completed with core research by taking consideration of the Egypt business. In the context of the real-life situation, it has been found that both types of research can be used because the description regarding the internationalization process has been given in the article that would be helpful for taking initiative in starting the new business at the global level (AbdelKhalik and Ashraf 8). For instance, An Egypt business wants to expand its business globally in such condition, both articles will be supported for the same. The discussion in the first article is related to the competitive strategy and emerging nations in which the paper is tried to reduce the gap between the competitive strategy and the organizational performance in enhancing nations. The finding of this research paper is supported to the differentiation, cost leadership and focus strategy which are the major part of the business strategy for the nation in order to expand the business at the global level.
On the other hand, the next article has elaborated the overview of SMEs in Egypt in which micro, small, medium and large organizations. In a real-life scenario, this article will be supported in defining the issues at the time of expanding the business. It will be helpful for companies to understand through this journal article that the economy of Egypt is entirely based on the small and medium enterprises in the form of the emerging economy that can develop the specific industries within the range of the global level.
References
AbdelKhalik, Islam and Seifeldin, Ashraf. “Factors Influence the internationalization process in emerging economies: The case of the Egyptian SMEs”. The British Academy of Management (2014) (BAM).1-8.
Parnell, John A. "Competitive strategy orientation in Egypt and Peru." African Journal of Business Management 5.14 (2011): 5489-5499.
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