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    Comparative Advantage for US Company

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    Select a U. S. company with global operations.

    Discuss the firm's activities outside the U.S.
    Identify which economic concepts, such as comparative advantage, apply to your firm.
    Explain how these economic concepts can be used to address the firm's problems and opportunities?
    Identify which economic and political policies affect your firm and explain how they impact business decisions.
    How does your firm use technology to strategic advantage?
    Discuss the impact of globalization on the firm's cost structure, markets, currency risk, and overall strategy. Be sure to provide a definition of globalization in your answer.

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    Solution Preview

    STEP 1
    Definition of Globalization:
    This definition is taken from the website: www.hsewebdepot.org/" A set of processes leading to the integration of economic, cultural, political, and social systems across geographical boundaries" www.hsewebdepot.org/

    STEP 2
    Discuss the firm's activities outside the U.S. The company selected is Proctor & Gamble
    The company has established global business units based on its product lines. In particular these are: Baby Care, Beauty Care, Fabric & Home Care, Feminine Protection, Food & Beverage, Health Care & Corporate New Ventures, and Tissues & Towels.
    The company policy is to treat every brand differently and hold it accountable for profits. This has helped P&G drive ...

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