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What are the five major kinds of drivers that are leading international firms to the globalization of there operations?
Wiki User
∙ 13y ago
Five major kinds of drivers, all based on change, are leading international firms to the globalization of their operations: (1) political, (2) technological, (3) market, (4) cost, and (5) competitive.
Wiki User
∙ 13y ago
Anonymous
political
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Describe the driving business forces in both the foreign and domestic environment and in what ways do they operate differently?
There are five kinds of drivers, all based on change, that are leading international firms to the globalization of their operations. Following are the five drivers with an example for each kind: (1) political-preferential trading agreements, (2) technological- advances in communications technology, (3) market- global firms become global customers, (4) cost-globalization of product lines and production helps reduce costs by achieving economies of scale, and (5) competitive-firms are defending their home markets from foreign competitors by entering the foreign competitors' markets (Ball−McCulloch−Frantz−Geringer−Minor: International Business, 10th Edition, 2005) There are five kinds of drivers, all based on change, that are leading international firms to the globalization of their operations. Following are the five drivers with an example for each kind: (1) political-preferential trading agreements, (2) technological- advances in communications technology, (3) market- global firms become global customers, (4) cost-globalization of product lines and production helps reduce costs by achieving economies of scale, and (5) competitive-firms are defending their home markets from foreign competitors by entering the foreign competitors' markets (Ball−McCulloch−Frantz−Geringer−Minor: International Business, 10th Edition, 2005)
What is direct result of globalization?
For some countries loss of local jobs leading to poverty
What are the benefits of Globalization to individuals?
Benefits of globalization Access to cheap mass-produced goods. Economic opportunities for the poorest people in the world. Cultural exchange of ideas and values. Accelerated scientific advancement due to enhanced communication of discoveries leading to new discoveries. Trade dependency makes open conflict (war) between industrialized nations less likely.
How does globalization hurt the United States economy?
It is foretold in the Bible that it will happen, and it will harm the world. Everyone will be under one leader,which will be very antiChrist, and have to answer to him. So for all the individualists that discount Jesus as Savior because you want to be an individual, you will certainly not be when globalization is in effect.in other words it'll harm us
What has resulted in the globalization of trading?
Communications technology and the computerization of trade execution have also globalized trading. The physical location and boundaries of an exchange floor are no longer important to traders.
Describe the driving business forces in both the foreign and domestic environment and in what ways do they operate differently?
There are five kinds of drivers, all based on change, that are leading international firms to the globalization of their operations. Following are the five drivers with an example for each kind: (1) political-preferential trading agreements, (2) technological- advances in communications technology, (3) market- global firms become global customers, (4) cost-globalization of product lines and production helps reduce costs by achieving economies of scale, and (5) competitive-firms are defending their home markets from foreign competitors by entering the foreign competitors' markets (Ball−McCulloch−Frantz−Geringer−Minor: International Business, 10th Edition, 2005) There are five kinds of drivers, all based on change, that are leading international firms to the globalization of their operations. Following are the five drivers with an example for each kind: (1) political-preferential trading agreements, (2) technological- advances in communications technology, (3) market- global firms become global customers, (4) cost-globalization of product lines and production helps reduce costs by achieving economies of scale, and (5) competitive-firms are defending their home markets from foreign competitors by entering the foreign competitors' markets (Ball−McCulloch−Frantz−Geringer−Minor: International Business, 10th Edition, 2005)
What is direct result of globalization?
For some countries loss of local jobs leading to poverty
What might happen if there were no standard order of operations?
Calculating could be confusing and leading to an incorrect answer.
What is the international language of commerce?
English is the International Trade Language.
What is the tag line of HSBC?
world's leading international bank
Who are the leading stemware manufacturer in France?
The leading stemware manufacturer in France is Arc International. This company is also the leading manufacturer of crystal and glassware worldwide.
Globalization means that nations worldwide?
share cultures products and economies.
What companies are the leading manufacturers of designer rugs?
There are many rugs manufacturers companies, the leading ones are Vaibhav International, Rugs In Style Inc, Ryan Overseas and Rison International to name a few.
The leading international organization in the field of travel and tourism is?
World tours
Where is panasat?
If you mean PanAmSat, it is a leading provider of satellite operations, serving markets in all parts of the globe.
What is ITU?
International Telecommunication Union is the leading United Nations agency for information and communication technologies International Triathlon Union
What are the brainstorm for drunk drivers should be jailed the first offense?
It is the leading cause in automobile deaths
