A digital approach to international strategy development & distributor selection for SME’s and micro-firms. Case Study: NEEM Sunita Passi

The purpose of this project was to research findings on SME and micro-firm internationalisation and to provide a framework that will guide strategy development and foreign partner selection. The findings were to be applied to a UK based skin and body care company - NEEM Sunta Passi (NSP), which face...

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Main Author: Olafimihan, Jeti Oluwa
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2016
Subjects:
Online Access:https://eprints.nottingham.ac.uk/37173/
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author Olafimihan, Jeti Oluwa
author_facet Olafimihan, Jeti Oluwa
author_sort Olafimihan, Jeti Oluwa
building Nottingham Research Data Repository
collection Online Access
description The purpose of this project was to research findings on SME and micro-firm internationalisation and to provide a framework that will guide strategy development and foreign partner selection. The findings were to be applied to a UK based skin and body care company - NEEM Sunta Passi (NSP), which faced international strategy development and implementation challenges. Secondary research was conducted using qualitative methods - consisting of readings and analysis of published journals, academic research papers and books. Informal phone interviews with an account manager from the UK Trade & Investment organisation and a previous owner of a firm who successfully internationalised were conducted to support analysis. It was discovered that two major areas contributed positively to strategy development for SME’s and micro-firms such as NSP, included: decision maker profiles and automated foreign partner selection. Key decisions, often made by a sole decision maker such as the owner, are influenced by four main factors: personality, competence, socio-demography and typology. On the other hand, automated foreign distributor selection criteria using a hybrid of AHP/TOPSIS methods could provide sound direction for implementation. Finally, the use of cloud technology and SaaS will aid the process of engaging and providing guidance in strategy development and implementation to SME’s and micro-firms. Keywords: SME, micro-firm, internationalisation, strategy, development, foreign partner selection, distributor, decision-making, technology.
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spelling nottingham-371732018-04-26T01:33:33Z https://eprints.nottingham.ac.uk/37173/ A digital approach to international strategy development & distributor selection for SME’s and micro-firms. Case Study: NEEM Sunita Passi Olafimihan, Jeti Oluwa The purpose of this project was to research findings on SME and micro-firm internationalisation and to provide a framework that will guide strategy development and foreign partner selection. The findings were to be applied to a UK based skin and body care company - NEEM Sunta Passi (NSP), which faced international strategy development and implementation challenges. Secondary research was conducted using qualitative methods - consisting of readings and analysis of published journals, academic research papers and books. Informal phone interviews with an account manager from the UK Trade & Investment organisation and a previous owner of a firm who successfully internationalised were conducted to support analysis. It was discovered that two major areas contributed positively to strategy development for SME’s and micro-firms such as NSP, included: decision maker profiles and automated foreign partner selection. Key decisions, often made by a sole decision maker such as the owner, are influenced by four main factors: personality, competence, socio-demography and typology. On the other hand, automated foreign distributor selection criteria using a hybrid of AHP/TOPSIS methods could provide sound direction for implementation. Finally, the use of cloud technology and SaaS will aid the process of engaging and providing guidance in strategy development and implementation to SME’s and micro-firms. Keywords: SME, micro-firm, internationalisation, strategy, development, foreign partner selection, distributor, decision-making, technology. 2016-09-27 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/37173/1/JO-MBA-Thesis.pdf Olafimihan, Jeti Oluwa (2016) A digital approach to international strategy development & distributor selection for SME’s and micro-firms. Case Study: NEEM Sunita Passi. [Dissertation (University of Nottingham only)] SME micro-firm internationalisation strategy development foreign partner selection distributor decision-making technology.
spellingShingle SME
micro-firm
internationalisation
strategy
development
foreign partner selection
distributor
decision-making
technology.
Olafimihan, Jeti Oluwa
A digital approach to international strategy development & distributor selection for SME’s and micro-firms. Case Study: NEEM Sunita Passi
title A digital approach to international strategy development & distributor selection for SME’s and micro-firms. Case Study: NEEM Sunita Passi
title_full A digital approach to international strategy development & distributor selection for SME’s and micro-firms. Case Study: NEEM Sunita Passi
title_fullStr A digital approach to international strategy development & distributor selection for SME’s and micro-firms. Case Study: NEEM Sunita Passi
title_full_unstemmed A digital approach to international strategy development & distributor selection for SME’s and micro-firms. Case Study: NEEM Sunita Passi
title_short A digital approach to international strategy development & distributor selection for SME’s and micro-firms. Case Study: NEEM Sunita Passi
title_sort digital approach to international strategy development & distributor selection for sme’s and micro-firms. case study: neem sunita passi
topic SME
micro-firm
internationalisation
strategy
development
foreign partner selection
distributor
decision-making
technology.
url https://eprints.nottingham.ac.uk/37173/