The urbanization and competitive global is what raises the labor cost. This is for farmers.
economic, competitive, technological, social, global
i dont no
Earning profits
Global competition means that there is more competition with companies that may have lower costs of production. In a globally competitive environment, you have to train employees to be more culturally sensitive.
According to statistics, in 2010, Pepsi had 11.5% of the global soft drink market.
A certain company would become globally competitive ifThey must have global competitive workers with diversified skills and expertise is certain regions to produce a global competitive products. It means they must have to hire international experts for their certain target markets. For example if their target markets are in Asia then they must hire Filipinos or Chinese or Indians who knows the culture, taste, and demands in Asia. Why Filipinos, Chinese or Indians? Because the 3 mentioned nationals are having the highest population in Asia and they would tend to be dominant in most markets. Their worker also must have a globally competitive tongue. If they will hire Koreans or Vietnamese then they must have to be sure that such people could be understood by the global customers.Their products or services are globally competitive. Meaning they have the ability and capability to compete their product or services globally with other global competitorsThey have access to the international markets to compete globallyThey have enough fund to boast investment or to cater the global demands of their products or servicesKnowledge and expertise the rules and regulations in competing globally.
Some of the benefits of joining Allianz Global Investors competitive compensation as well as a full range of benefits. Teamwork and sharing knowledge among your peers is part of the atmosphere for employees of Allianz Global Investors.
refer to michale portes five forces model
Global
yes...our school is a global community, the subjects offered are similar or the same with other countries. we learn what other student from different countries are learning which makes the educational system globally competitive.
"In a global environment where the Internet provides customers with instant access to information about price, quality and service, business owners and executives need access to competitive intelligence tools."