Local Firms Response to Global Financial Crisis: a Case of an Apparel Factory in Lao PDR
This study analyzes a small local apparel factorys strategic response to the recent global financial crisis in 2008 based on strategic approaches. Before the crisis, small Laotian-owned apparel factories operated mainly on a subcontracting arrangement with general contractors who produced based on orders from brand owners in abroad. The crisis broke down such subcontracting arrangements; thus, the apparel factory under study has turned to produce for local markets through enhancing its strengths, minimizing weaknesses, taking opportunities and hedging against threats. With increased trade liberalization, growing tourism industry and its growing strengths, this factory can also produce its own brand products for foreign tourists in Lao PDR as well as for export markets.
Apparel production business Strategic approach Response to financial crisis
Bounlouane Douangngeune
Laos-Japan Human Resource Development Institute National University of Laos P.O. Box 7322 Dong Dok Campus, Vientiane Capital, Lao PDR
国际会议
The 8th International Conference on Innovation and Management(第八届创新与管理国际会议 ICIM 2011)
日本福冈
英文
1097-1101
2011-11-30（万方平台首次上网日期，不代表论文的发表时间）