Can you give an Example for the following stages? STAGES OF GLOBALIZATION Stage 1 - arm's length service activity of an essentially domestic company/institution which moves into new market. Stage 2 the company/institution takes over these activities on its own. Stage 3 - the domestic-based company institution begins to carry out its own manufacturing marketing and sales in key foreign markets. Stage 4 - the company/institution moves to a full insider position in these markets supported by a complete business system (e.g., Research and Development and engineering) Stage 5 - the company/institution moves towards a genuinely global mode of operation where global localization happens that requires an organizational transition i.e. the company denationalize its operations.
Can you give an Example for the following stages? STAGES OF GLOBALIZATION Stage 1 - arm's length service activity of an essentially domestic company/institution which moves into new market. Stage 2 the company/institution takes over these activities on its own. Stage 3 - the domestic-based company institution begins to carry out its own manufacturing marketing and sales in key foreign markets. Stage 4 - the company/institution moves to a full insider position in these markets supported by a complete business system (e.g., Research and Development and engineering) Stage 5 - the company/institution moves towards a genuinely global mode of operation where global localization happens that requires an organizational transition i.e. the company denationalize its operations.
Applications and Investigations in Earth Science (9th Edition)
9th Edition
ISBN:9780134746241
Author:Edward J. Tarbuck, Frederick K. Lutgens, Dennis G. Tasa
Publisher:Edward J. Tarbuck, Frederick K. Lutgens, Dennis G. Tasa
Chapter1: The Study Of Minerals
Section: Chapter Questions
Problem 1LR
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Can you give an Example for the following stages?
STAGES OF GLOBALIZATION
Stage 1 - arm's length service activity of an essentially domestic company/institution which moves into new market.
Stage 2 the company/institution takes over these activities on its own.
Stage 3 - the domestic-based company institution begins to carry out its own manufacturing marketing and sales in key foreign markets.
Stage 4 - the company/institution moves to a full insider position in these markets supported by a complete business system (e.g., Research and Development and engineering)
Stage 5 - the company/institution moves towards a genuinely global mode of operation where global localization happens that requires an organizational transition i.e. the company denationalize its operations.
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