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Business Globalization

Business globalization is generally connecting economic regions worldwide in a network of trade, communication and transportation. The companies that use these networks manage resources on a global scale to meet their financial goals.

1,232 Questions

What advantages does whirlpool have by going global?

Whirlpool has a recognizable name, which creates a benefit for them. They also have established business process, which they can simply adjust to compete in the global market.

Outline factors that influence the choice of targeting startegies?

Targeting strategy decisions are influenced by: * market maturity * diversity of buyers' needs and preferences * strength of the competition * the volume of sales required for profitability see wikipedia

Does globalization cause poverty?

Globalization does not cause poverty, on the other hand, globalization lifted many people out of poverty and created a solid middle class in many developing countries. India and China are example. Globalization may have caused financial hardship for many westerners since many jobs were shipped overseas because of cheap labor.

What is the point of view of colonized people about imperialism?

Colonized people may have lost their traditional lands , lost in political and economic control of their county , may have increased in technology or science or being controlled by advanced society-- (Europe) .

Where do you find raw latex supplier?

I have a rubber plantation in India so i can supply raw latex anybody interesting to start a business please contact j.mathew75@yahoo.com

What are the methods to protect local economy against international competition?

How can telephone companies protect their markets from competition from ISP's using supply chain strategies

What is Technical advertising?

Technical advertising can mean two things. It can be a sub specialty of advertising that markets the technological sector. It can also mean that a campaign uses technology and social media to promote themselves.

How has advertising affected you in terms of globalisation?

Advertising is a by product of the increase in the number of products produced and the best way to sell these products. The world system has become increasingly complex as international links and connections have expanded. The foundation of globalization is based on what can be called commodity chains which are networks of labor and production processes beginning with the extraction of raw materials and ending with the delivery of a finished product.

Transnational corporations with the assistance of world governments often control many areas of this described commodity chain.

Individuals are affected by the geometric increase in the products that must be sold. The affect to the individual is an expansion of choices in the market place.

What are the special problems of international marketing?

The important special problems in international marketing are

(1) Political and Legal Difference. The political and legal environment - of foreign markets are different. The complexity generally increases as the number of countries in which a-campy does business increases. It should also be noted that the political and legal environment is not the same in all - provinces of many home markets. For instance, the political and legal environment is not exactly the same in all the States of India.

(2) Cultural Differences. Cultural differences pose one of the most ' difficult problem in International marketing. Many domestic markets, however, are also not free from cultural diversity.

(3) Economic Differences. The economic environment may vary from country to country.

(4) Differences in the Currency Unit. The currency unit varies from nation to nation. This may sometimes cause problems of currency convertibility, besides the problems of exchange rate fluctuations. The monetary system and regulations may also differ.

(5) Differences in the Language. An international marketer often encounters problems arising out of the differences in the languages. Even when the same language is used in different countries, the same words or , terms may have different meanings or connotations. The language problem, however, is not something peculiar to international marketing. The multiplicity of languages in India.

(6). Differences in the Marketing Infrastructure. The availability and nature of marketing facilities available in different countries may vary widely. For example, an advertising medium very effective in one market may not be available, or may be underdeveloped, in another market.

(7) Trade Restrictions. Trade restrictions, particularly import country is a very important problem which in international marketer faces.

(8) High Costs of Distance. When the markets are far removed by distance, the transport cost becomes high and the time required for affecting the delivery tends to become longer. Distance tends to increase certain other costs also.

How many countries does Nike do business in?

Nike conducts business in 140 countries, 141 counting the United States.

What is the purpose of organization 13?

I suppose your thinking about Kingdom Hearts.

Since the entire Organization are Nobodies, they obviously don't have hearts. Their goal is to complete Kingdom Hearts (not as in the game series, as in the moon) so they can get their hearts back.

What is the meaning of economies of product differences?

The meaning of economies of product differences... The greater the difference in products produced by two economies the greater the economic efficiency to be obtained from trade between the two as per the theory of comparative advantage.

How impact of globalisation not uniform?

The impact of globalization isn't uniform because it relies on technology, which isn't available in all countries equally.

What is your expert opinion on international marketing?

International marketing is an excellent opportunity for a business to grow and even stabilize it's market share if executed properly. Growing into new economic geographies and cultures allows for new opportunity and security against a failing local market.

Which strategy of international business does proctor gamble use?

It's definitely a transnational strategy. P&G separated products into business units located in different regions. Each unit is responsible for their own products R&D, production, marketing, etc. This follows the transnational strategy approach.

Does anyone know who waba holding ltd is or aat development ltd united kingdom alc aircraft lease and charter ltd united kingdom?

Not sure about the other two as I couldn't find anything specific on the web but Waba Holding has their own web-site - see related link.

Which is more popular Yahoo or Google?

Yahoo is better. Yahoo and Google are both major companies but Yahoo is better. tip click the exclamation mark at the end of Yahoo it sings.

google's better

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Are you kidding me? of course Google is the most popular web in the world of the Internet!

What is Sesame street called in China. How does it differ than the American version?

In China Sesame street is called Zhi Ma Jie. It features Big Bird with Hu Hu Zhu and Little Plum instead of Mickey Mouse

What is Platts price for naphtha FOB AG today?

$993.50-996.50/tonne CFR (cost & freight) Japan on Friday 22/02/2013

How does the political system affect business?

the political system affects businesses alot, this is all due to the certain laws being passed and what not. such as, if our political system was not a federal system, then the question of who would have the right to vote or not. because we live in a country where we have the right to vote our house of representatives and state senates, what they think counts, because all in all its them who gets they say in passing a law or not. i mean of course we get to choose our house of representative and senates but company brivary comes along with it as well.