Wednesday, November 20, 2019

Prospects of Internationalisation of Frontex Research Paper

Prospects of Internationalisation of Frontex - Research Paper Example This paper tells that quite often firms are proved to lack the necessary support in order to expand their operations, a fact that can lead to the limitation of their profitability and may put under risk their existence in the market. On the other hand, even if a firm’s entrance in the international market is effectively supported, other issues can appear; the failure in identifying the risks that the specific initiative may include could lead the organization involved to severe damages. In fact, the above phenomenon is quite common; the responsibility of a firm’s management team for the specific problem cannot be doubted. in the study of Diamantopoulos, it is noted that ‘the methodological pitfalls of international research often lead to questionable research results’. Despite the above problems, the internationalization of firms remains the most effective strategy for the increase of their performance and for this reason it should be attempted if it is con sidered as achievable – except the case of severe operational or financial problems. The current paper examines the prospects of internationalization of Frontex, a manufacturing firm that has a significant presence in Jordan. Since its establishment the firm has achieved to increase its performance within its industry; however, gradually the internationalization of the firm has been proved to be unavoidable. The firm’s power to compete its rivals is going to be tested through its entrance in the French market. L. Kawan and J. Fayum, engineers, established Frontex in Jordan in 1986. For a long time, the firm’s operations were limited to a specific manufacturing activity: the production of drilling machines. Today, the firm's production has been expanded in a wide range of products – machinery - of similar use. The firm began its activities with about 25 employees.

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