A. Globally Standardized versus Nationally Responsive Practices
On the one hand, offering a globally standardized product enables the firm to engage in mass production and mass marketing which can generate economies of scale giving the firm a big cost advantage over competitors. On the other hand, being nationally responsive and tailoring your product to consumers in each country where you operate can make your product more desirable than something mass-produced for a global market. (See "Going Global" Exercise 1.2 at end of chapter.)
B. Country versus Company Competitiveness
Sometimes the interests of a firm coincide with the interests of the firm's home country (e.g., "What's good for General Motors is good for the U.S."). However, sometimes what is good for the firm may be bad for the firm's home country (e.g., shipping jobs from the home country to cheaper foreign locations). Businesses need to understand the complex ways in which their operations affect their home and host countries in order to make the most prudent economic and political decisions.
C. Sovereign versus Cross-National Relationships
Countries may collaborate with each other or compete. Collaboration often involves a country giving up some of its sovereignty (for example, making treaties may limit a country's ability to act autonomously). Though countries normally prefer to maintain their sovereignty, they will often collaborate to gain reciprocal advantages (e.g., through trade agreements), to attack problems that a single country acting alone cannot solve (e.g., environmental agreements), or to deal with areas of concern that lie outside the territory of all countries (e.g., Antarctic exploration).
Some forces are: Sociocultural, economic, technological, legal and regulatory
rapid growth of international trade impact of internet rapid growth of regional free trade areas local organisations experiencing more and more competition from oversea technological developments slowing down during an upswing in the economy
No, it is not.
It attract business and provide employment. Building infrastructure also require the hiring of local forces.
it can by allowing the companies/business to shut down
true
The main driving force in international and domestic business is customer's needs. Businesses make a profit by supplying what customers demand.
tension , compression and friction
Forces of attraction have a stronger effect on the behavior of liquid particles.
Electrostatic forces are FAR stronger than gravitation forces. In addition, electrostatic forces only have a measurable effect over short distances, where as gravitational effects have a significant effect over huge distances.
None. There is no effect on a stationary object.
Describe the driving business forces in both the foreign and domestic environment
A balanced group of forces has the same effect as no force at all.
Balanced forces do not alter the motion of objects.
In business, macro environmental forces include inflation, currency exchange rates, GDP growth and other factors. They also include unemployment and overall economic growth. This includes many factors that effect the environment on a larger scale.
If the [group of] forces on an object is unbalanced, the object accelerates.
Internal forces are the act on a structure according to my calculations.