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Globalization: Diverse Cultures, Foreign Markets, Cyber Security

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Discuss the following questions separately:
1. Entering foreign markets, by definition, means making investments that are not in a firm's home country. For example, Nissan closed factories in Japan and added a new factory in the United States. GM shut down factories at home but kept them open in Europe. What are the ethical dilemmas here?

2. Why is an understanding of the nature of diverse cultures important to effectively managing in global systems? (please define diversity and globalization as part of your answer.)

3. You are an entrepreneur in the cyber security industry seeking to develop alliances in India. India has diverse regions with many different peoples, traditions, and levels of economic development. Which two regions of India may be most conducive to developing your entrepreneurial alliances? Why?

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Solution Summary

The Solution discusses globalization as it relates to ethical dilemmas in foreign markets, diverse cultures, and development of alliances specifically in India.

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https://kwhs.wharton.upenn.edu/term/global-diversity/

http://webcache.googleusercontent.com/search?q=cache:W-KZUloO3MIJ:https://khatabook.com/blog/top-10-cities-to-do-business-in-india/&hl=en&gl=us&strip=1&vwsrc=0
https://www.openaccessbpo.com/blog/what-to-consider-before-outsourcing-japanese-call-center-services/

1. Entering foreign markets, by definition, means making investments that are not in a firm's home country. For example, Nissan closed factories in Japan and added a new factory in the United States. GM shut down factories at home but kept them open in Europe. What are the ethical dilemmas here?

In reference to so-called "First World '' countries such as Japan and the United States, companies from these countries are typically responsible for outsourcing to less developed so-called"third world" countries. Therefore, whenever companies from these countries outsource to developed countries there are still some stakeholders who gain while other stakeholders lose much from this type of outsourcing. If the GM factory outsources and removes its factory in the U.S., this will negatively impact employees, the community where their employees live, and ...

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