Decision-Making Process and Strategic Foreign Direct Investment (FDI) : A Literature Review

• Main Authors: Al Halbusi, H., Tehseen , S.
• Format: Article
• Language: English
• Published: Blackwell Publishing 2018
• Subjects: H Social Sciences (General)
• Online Access: http://eprints.um.edu.my/19266/1/Decision-Making_Process_%3B_A_Literature_Review_....pdf; http://eprints.um.edu.my/19266/
• Institution: Universiti Malaya

This paper is to uniquely explore the global competition in foreign direct investment [FDI] decision-making processes. The Global Competition in Strategic (GCS) is huge in the world and often do not have sufficient resources to fully investigate a major FDI decision. If learning to gain contextual competence is necessary for successful FDI decision-making, how do these firms manage their learning and competencies to invest successfully in different contexts? The main objective of this paper addresses the decision-making processes of Global Competition and Strategies in a different context, how this takes place and how needed competencies are developed and managed. Two main research questions, addressing areas of managerial interest, are investigated in depth, namely: What is the decision-making process for foreign direct investment by Global Competition in Strategies? How do owners’ managers of Global Competition in Strategies make such decision-making? The findings support a decision-making model that proposes and the marketing process is divided into phases. These phases are of differing lengths and depths, largely depending on the type of management, and the decision-making speed can vary greatly between individual companies. The results indicate a distinction between Global Competition in Strategic managed directly by owners-managers and those managed by a board. The findings show current foreign direct investment and decision-making theory is at a watershed. Previously well-established theories are challenged as emerging markets, such as these countries “Turkey, Iran, northern Iraq, China, America, Abu-Dhabi, and so on”, require different approaches and market-entry must be considered as a developmental process, which is individual to a company. Overall the decision-making type can also vary within the same company and among decision-makers. Knowledge available beds, and influences, competencies and results in "decision-making" and "global competition in strategic foreign direct investment" based on rationality or experience.