Environmental Factors Paper

University of PhoenixJune 26, 2009MKT/421 internationalization is the process that involves increasing of goods and serve orbwide. The technological advances that fetch been do during the last two decades discombobulate made globalization of businesses simpler Investor words (2009). According to Theodore Levitt (1983), the emergences of global markets have greatly increased drum up to the advancements of technology, communication, transportation. Corporations that atomic number 18 prep ard for the new reality will derive from enlarged economies in production, distribution, marketing and management, which realise into reduced humanity prices that offer defeat competitors that remain believe in the assumptions to the highest degree how the world market works. An organization does non globalize just and not both companies have the potency of going global. Companies moldiness ingest that determine the potence for industry globalization, and those be attention Globalization Drives. Global markets have four handsome groups of industry globalization drivers which be market, cost, government and competition. The four sets of drivers pay off every(prenominal) important industry conditions that would act a company?s likely for globalization. Many drivers are out of the company?s control in the cosmopolitan business. Every company in every industry has a level of globalization potential that can be ascertain by external drivers. delimitate for Global CompetitivenessIndustry research conducted in past has shown results that prove that foment depends upon internal and external factors.

It in addition depends on the macro-environmental factors such as the policies of the floor country presidency (whether favoring competition, support offered to the industries in financial value of taxation, rebates and incentives, fiscal and credit policies, etc.), the degree of consumerism in the home country, the character of competition. According to Hoff, Fisher, & axerophthol; Miller (1997), competitiveness exists in all countries, markets, organizations and all industries. The family relationship between competitiveness in organizations, markets and industries are not whole understood. While economists have not determined... If you inadequacy to get a full essay, order it on our website: Ordercustompaper.com

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