E Mail and Video Conferencing Discussion

E-MAIL AND VIDEOCONFERENCING Operating across borders and time zones complicates the job of coordinating and controlling business activities. But technology can speed the flow of information and ease the tasks of coordination and control. E-mail is an indispensable tool that managers use to stay in contact with international operations and to respond quickly to important… Continue reading E Mail and Video Conferencing Discussion

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Company Intranets and Extranets

COMPANY INTRANETS AND EXTRANETS Internal company websites and information networks (intranets) give employees access to company data using personal computers. A particularly effective marketing tool on Volvo Car Corporation’s (www.volvocars.com) intranet is a quarter- by-quarter database of marketing and sales information. The cycle begins when headquarters submits its corporate-wide marketing plan to Volvo’s intranet. Marketing… Continue reading Company Intranets and Extranets

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Advancements in Transportation Technologies

ADVANCEMENTS IN TRANSPORTATION TECHNOLOGIES Retailers worldwide rely on imports to stock their storerooms with finished goods and to supply factories with raw materials and intermediate products. Innovation in the shipping industry is helping globalize markets and production by making shipping more efficient and dependable. In the past, a cargo ship would sit in port up… Continue reading Advancements in Transportation Technologies

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Assignment on Measuring Globalization

Measuring Globalization Although we intuitively feel that our world is becoming smaller, researchers have created ways to measure the extent of globalization scientifically. One index of globalization is the one cre- ated by the KOF Swiss Economic Institute (www.kof.ethz.ch). This index ranks nations on 23 variables within three dimensions: economic globalization (trade and investment volumes,… Continue reading Assignment on Measuring Globalization

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Global Business Environment

GLOBAL BUSINESS ENVIRONMENT World Bank Agency created to provide financing for national economic development efforts. International Monetary Fund Agency created to regulate fixed exchange rates and to enforce the rules of the international monetary system. Untangling the Globalization Debate Globalization means different things to different people. A businessperson may see globaliza- tion as an opportunity… Continue reading Global Business Environment

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Against or For Globalization Essay

AGAINST GLOBALIZATION Groups opposed to globalization blame it for eroding standards of living and ruining ways of life. Specifically, they say globalization eliminates jobs and lowers wages in developed nations and exploits workers in developing countries. Let’s explore each of these arguments. Eliminates Jobs in Developed Nations Some groups claim that globalization eliminates manufacturing jobs… Continue reading Against or For Globalization Essay

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Discussion on Labor Standards

LABOR STANDARDS Trade unions claim globalization reduces labor’s bargaining power and lowers global labor standards when international firms are permitted to continually move to nations with lower labor standards. One place to test this assertion is in developing nations’ export-processing zanes (EPZs)-special areas in which companies engage in tariff-free importing and exporting. More than 850… Continue reading Discussion on Labor Standards

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Discussion on Environmental Protection

ENVIRONMENTAL PROTECTION Some environmental groups say globalization causes a “race to the bottom” in environmental conditions and regulations. Yet studies show that pollution- intensive U.S. firms tend to invest in countries with stricter environmental standards. Many developing nations, including Argentina, Brazil, Malaysia, and Thailand, liberalized their foreign investment environment while simultaneously enacting stricter environmental legislation.… Continue reading Discussion on Environmental Protection

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Manager’s Briefcase Keys to Global Success

MANAGER’S BRIEFCASE The Keys to Global Success M aking everything from 99-cent hamburgers (McDonald ‘s) to $150 million jumbo jets (Boeing), managers of global companies must overcome obstacles when competing in unfamiliar markets. Globa l managers acknowledge certain common threads in their approaches to management and offer the following advice: • Communicate Effectively. Cultural differences… Continue reading Manager’s Briefcase Keys to Global Success

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