Strategic Management 4e
4th Edition
ISBN: 9781260779646
Author: Frank T. Rothaermel
Publisher: Mc graw hill
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Chapter 10, Problem 2DQ
Summary Introduction
To explain: If Person X agrees with the assessment.
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Selling a Simple Product to a Global Market
1. Identify the risks and the benefits The Pasta Shoppe faces by operating as a global business.
2. Identify some of the barriers that companies such as The Pasta Shoppe encounter as they expand internationally. What steps can entrepreneurs take to overcome these obstacles?
3. What steps do you recommend that entrepreneurs such as John Aron take before they make the decision to take their companies global?
What is the importance and role of Jollibee Food Corporation in economic globalization?. (400 words)
Can you make a summary to the given below that is more easier to understand?
REASONS OF GLOBALIZATION
Rapid shrinking of time and distance across the globe.
Domestic markets are no longer rich.
Companies and institutions go global to find political and economic stability.
To get technological and managerial know-how of other countries due to their advancement.
To reduce high transportation costs if one goes globally.
To be close to raw materials and to markets for their finished products.
The creation of the World Trade Organization (WTO) had made it possible in stimulating increased cross border trade.
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