EBK STRATEGIC MANAGEMENT: CONCEPTS
EBK STRATEGIC MANAGEMENT: CONCEPTS
3rd Edition
ISBN: 8220102807938
Author: Rothaermel
Publisher: YUZU
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Concept explainers

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Chapter 10, Problem 3ESI
Summary Introduction

To explain: The factors the managers of Company AE or Company GE focusing on continuous improvement.

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An ongoing shift in global economic activity from developed to developing economies, accompanied by growth in the number of consumers in emerging markets, are the global developments that executives around the world view as the most important for business and the most positive for their own companies' profits over the next five years. Executives also identify two other critical positive aspects of globalization: technologies that enable a free flow of information worldwide and, increasingly, global labor markets. These four trends of the ten we asked about, also are the ones that the biggest share of respondents—around half—say their companies have taken active steps to address. In this sixth annual survey asking executives about the forces shaping the world economy, there is little change in how respondents view the importance of global trends compared with previous years—either for business in general or for their own companies' profits. Clearly, the financial crisis and economic…
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