Globalization leads to all of the following EXCEPT ________. A) harmonious relationships among nations B) improved product quality C) competitive pricing D) more product variety E) interactions with other nations
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- There are various drivers for the scale and scope of globalization. From the following, please match the category with its corresponding specification. Category 1. Liberization of Cross- Border Trade and Resource Movement 2. Changes in Political Situations and Government Policies. 3. Increased Global Competition Corresponding Specifications: (Select ONLY one that applies for each category A)Over time most governments gave lowered restrictions on trade and foreign investment in response to expressed desires of their citizens and producers. The primary motives for this change include giving citizens greater consumer choice and lower prices, international competition making domestic producers more efficient, and the hope that liberalization will cause other countries to also lower trade barriers. B) The pressure of increased foreign competition often persuade firms to expand internationally in order to gain access to foreign opportunities and to improve their overall operational…The expansion of global markets has not only affected the movement of consumer goods, but how businesses function and reach out to collaborators and employees. Global marketing is essential for modern businesses.1.1. Using the above statement as your basis, critically discuss how the following forces have contributed/led to global coordination/integration.1.1.1. Removal of trade barriers (deregulation) 1.1.2. Global accounts/customers#1: An entrepreneur is thinking of setting up a new SERVICE business ( you can choose any specific service business) What advice would you give regarding distribution strategy for this business? Address the What? How? Where? and When? #4: Select three (3) different service INDUSTRIES, one each for people-processing, possession- processing, and information based services. For each Assess the FIVE (5) globalization drivers and their impact on these Three (3) Industries. NOTE: For #4: Please create a sub-header for each industry and list the Five (5) drivers. Then place your information in the correct driver category.
- The following is not a 'reactive' reason for going global. a. Trade barriers b. International customers C. International competition d. Product differentiationAll of the following are reasons why international opportunities should be considered by managers, EXCEPTA.the world is getting smaller.B. serving international markets may improve economies of scale. C. favorable trends at home and unfavorable trends in other countries make international marketing particularly attractive. D. around the world, potential customers have needs and money to spend.E. it helps to develop a competitive advantage at home and abroad.30- The following are the reasons why big retailers enter the global market, except __________ a. Strong brand positioning b. Product assortment c. Saturation in the market d. Strong competition in the home country
- The key factors and forces that that drive the expanding scale and scope of globalization include: 1. Rise in and application of technology2. Liberalization of cross-border trade and resource movements3. Development of services that support IB4. Growth of consumer pressures5. Increase in global competition6. Changes in political situations and government policies7. Expansion of cross-national cooperation Philip Newman runs a seafood restaurant in Philadelphia. Nowadays, it is possible for him to buy fresh grouper in Indonesia and have the product flown immediately To Philadelphia. Mr. Newman is able to do this because _________________. A) he has established contacts in Indonesia B) the cost of grouper is about the same in Indonesia than in other countries C)Indonesia is the largest exporter of grouper D) there have been dramatic advances in transportationBased on the graphic, mark each statement as true or false. (T= TRUE., F= False A) Globalization helps developing countries, namely those that are aggressively pursuing economic and social progress, through the spread of education, conflict, and technology. B) Globalization, through advances in all sorts of areas, running from education through technology creates connections and dependencies that makes for a better, prosperous world. C) Globalization, by promoting the spread of education, the spread of culture, and the spread of technology, creating more interconnected interdependent world.The expansion of global markets has not only affected the movement of consumer goods, but how businesses function and reach out to collaborators and employees. Global marketing is essential for modern businesses.1.1. Using the above statement as your basis, critically discuss how the following forces have contributed/led to global coordination/integration. 1.1.3. Relationship management/network organization1.1.4. Standardized worldwide technology
- Kindly answer this 1-5 es:say below. Please make answer unique and not plagia;;rized thank you 3. Compare the advantages and disadvantages of various modes of entering foreign markets. 4. Why do we have international strategic alliances? What are the forms and their respective advantages and disadvantages? 5. Why is language and religion considered cultural stabilizers?The expansion of global markets has not only affected the movement of consumer goods, but how businesses function and reach out to collaborators and employees. Global marketing is essential for modern businesses.1.1. Using the above statement as your basis, critically discuss how the following forces have contributed/led to global coordination/integration. 1.1.5. Worldwide markets1.1.6. Global villageAn example of political drivers of globalization would be A. globalizing product lines to decrease costs of production. B. the introduction of competitor firms. C. increased communication created by advanced communication technologies. D. privatization of industries.