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Globalization
Information technology is a critical element of project management in today's globalized world. Dealing on the global stage requires supply chain solutions that span the entire world, locally-flexible marketing solutions and a refined understanding of the unique conditions of each market.
The cost of acquiring and managing the massive amounts of information needed to succeed in the global business environment have typically only been accessible to multinational corporations (MNCs), but increasing small- and medium-sized enterprises (SMEs) have leveraged information technology in order to compete globally. Even SMEs that do not wish to compete in other markets find themselves facing foreign competition as trade barriers fall.
In my thesis entitled Technological Globalization, I looked at some of the ways that information technology is transforming the global business environment, and how SMEs are increasingly gaining access to global trade the way that was once only the providence of multinationals. I noted four key propositions:
1)...
This allows them to undertake meta-analysis from which they can determine trends and make better decisions faster.
Surprisingly, IT can also help SMEs with another key challenge of globalization -- finding the right person-system-organization fit. Culture clash is often a barrier to international expansion. Not only do information systems allow for greater operational flexibility to meet local market needs, but they also support a global managerial culture based on information and analysis. This does not change nearly as much from one…
By 2050, it is projected that only India would be recording growth rates significantly above 3%. Incomes and Demographics By 2050, despite much faster growth, individuals in those countries are still predicted to be poorer than those persons living in any of the now G6 economies . Russia is the exception, essentially catching up with the poorer of the G6 in terms of income per capita by 2050. By 2030, China's
International Marketing and Culture Globalization has increased opportunities for international marketing and business for many companies that could not afford to do so in the past. Many researchers consider international marketing to be synonymous with exporting. However, they are not the same and international marketing is much more complex than simple exporting. When a company exports its goods, they already have a buyer. Many timesm this buyer is the local distributor
A third strategic effort made by eBay in conquering the Asian market is represented by diversification -- not the diversification of its operations or provision of services, but the diversification of the markets served. Traditionally focused on China as a source of increased gains, eBay has come to redirect its attention to other countries as well. The online auction company is as such focusing on launching and expanding operations in
This level of the maturity model is a transitory one and is focused more on either small, incremental gains from the first level, which is Reacting. In the Reacting layer of this proposed Branding Maturity Model, the majority of brand departments have a decidedly "every department for itself" approach to process maturity and have information flow that is purely dependent on personal productivity applications only. That is to say
In fact, Eijnden at al (2008) found that shy or socially anxious youth did not use instant messaging to foster friendships and instead used the Internet and their computers mainly for games and other non-social activities. When used judiciously to promote healthy identity formation and development or to facilitate human communications, the Internet can be a boon for society. However, the Internet has quickly become an emblem of deep-rooted social
Multinational corporation can basically be defined as a corporation that has its operations in more than one country or is registered in more than a single country. However, the accurate definition of a multinational corporation is usually difficult to determine. In most cases, such corporations are large in size and involved in the production and sale of products and/or services in several countries. As a result of their operations or