3.7.6 Wolfsonian Library There were three phases of internationalization according to Hymer's work the first phase of Hymer's work was his dissertation in 1960 called the International Operations of National Firms in this thesis the author departs from neoclassical theory and opens up a new area of international production at first Hymer started analyzing neoclassical theory and financial investment where the main reason for capital movement is the difference in interest rates After this analysis Hymer analyzed the characteristics of foreign investment by large companies for production and direct business purposes calling this Foreign Direct Investment (FDI) by analyzing the two types of investments Hymer distinguished financial investment from direct investment the main distinguishing feature was control Portfolio investment is a more passive approach and the main purpose is financial gain whereas in foreign direct investment a firm has control over the operations abroad So the traditional theory of investment based on differential interest rates does not explain the motivations for FDI. Virginia Key is an 863-acre (3.49 km2) barrier island in Miami Florida United States in Biscayne Bay south of Brickell and north of Key Biscayne It is accessible from the mainland via the Rickenbacker Causeway, Western Atlantic Subarctic Hollywood 140,768 139,368 Broward 6.1.2 Seminole; 7.2 Water quality, The Mayaimis built ceremonial and village earthwork mounds around Lake Okeechobee similar to those of the Mississippian culture and earlier mound builders Fort Center is in the area occupied by the Mayaimis in historic times They dug many canals as other earthworks to use as pathways for their canoes the dugout canoes were a platform type with shovel-shaped ends resembling those used in Central America and the West Indies rather than the pointed-end canoes used by other peoples in the southeastern United States, Urban planning The same year the park was dedicated two hurricanes and the wet season caused 100 inches (250 cm) to fall on South Florida Although there were no human casualties agricultural interests lost approximately $59 million in 1948 Congress approved the Central and Southern Florida Project for Flood Control and Other Purposes (C&SF) which divided the Everglades into basins in the northern Everglades were Water Conservation Areas (WCAs) and the Everglades Agricultural Area (EAA) bordering to the south of Lake Okeechobee in the southern Everglades was Everglades National Park Levees and pumping stations bordered each WCA and released water in dryer times or removed it and pumped it to the ocean in times of flood the WCAs took up approximately 37 percent of the original Everglades the C&SF constructed over 1,000 miles (1,600 km) of canals and hundreds of pumping stations and levees within three decades During the 1950s and 1960s the Miami metropolitan area grew four times as fast as the rest of the nation Between 1940 and 1965 6 million people moved to South Florida: 1,000 people moved to Miami every week Developed areas between the mid-1950s and the late 1960s quadrupled Much of the water reclaimed from the Everglades was sent to newly developed areas.
Value creation can be categorized as: primary activities (research and development production marketing and sales customer service) and as support activities (information systems logistics human resources) All of these activities must be managed effectively and be consistent with the firm strategy However the success of firms that extend internationally depends on the goods or services sold and on the firm's core competencies (Skills within the firm that competitors cannot easily match or imitate) For a firm to be successful the firm's strategy must be consistent with the environment in which the firm operates Therefore the firm needs to change its organizational structure to reflect changes in the setting in which they are operating and the strategy they are pursuing, The Central business district (CBD) better known by locals as simply just "Downtown" is the historic center of Miami and what is traditionally called "Downtown" Downtown is bound by NE 6th St to the north Biscayne Bay to the east the Miami River to the west and south Within this area is where the majority of Miami's historic buildings are the main shopping street Flagler Street museums libraries offices schools and colleges as well as the vast majority of local county state and federal government offices and courthouses Miami Historic District and Government Center are also located within the CBD. .
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