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When is a global strategy appropriate? (Think first of what a global, as opposed to merely international, strategy is.)
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- Discuss the importance of Asia in global business.Eric Thun states that mobility of capital leads industries and corporations to globalize—to go abroad in search of new markets, cheap labor, raw materials or other production advantages. Give at least two (2) examples (companies or industries) of this phenomenon and then tell me what consequences are likely to follow when such companies or industries globalize.Discuss two (2) advantages and two (2) disadvantages of globalisation.
- Describe the role of information technology in globalization with example.“In an era of globalization, firms build cross-border alliances or international strategic alliances (ISAs) to achieve certain strategic objectives, such as knowledge creation, with the help of overseas partners. Working with partners complicates the operation of such alliances, however, particularly when the partner firms come from countries with very different cultures, institutions, and levels of economic development. Do you agree with this statement? If yes, what would you propose to make international strategic alliances more effective/successful?Evaluate the implications of de-globalisation on firms and global economies.
- What are some of the ways that global cooperation has an effect on information management? In the context of the global spread of information, what part does democratic participation in the digital realm play?What political factors are driving the new global innovation economy?List the ways in which globalization and technology have changed the global economy and the implications that such change has for international managers.
- What do you see as the current global trends and how do they affect companies operating in the global business environment? What are the recent developments affecting businesses and propelling globalization? What problems have arisen regarding the use of the Internet for global business transactions, and how are they being resolved?According to the case study, "the theory maintained that globalisation championed by the developed economics does not necessarily transcend to economic growth in developing countries, the theory suggested that nations should seek for solution inward by making efficient utilization of domestic resources rather than looking outwards which normally compound the economic problems ". With reference to the above extract, provide a critical discussion on the relevance of globalisation in light of covid 19 pandemic. Source: https://www.sciencedirect.com/science/article/pii/S2405844020308537Explain with relevant examples three (3) ways in which a country is likely to benefit as well as three (3) caveats that globalization can inflict upon countries participating in the international business space.
