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Automobile industry- Opportunities

In the automobile industry what would be a problem related to this?

How can it be turned into a business opportunity?

How can technology can be leveraged to seize opportunities in the global marketplace?

What type of benefits can an organization reap if it capitalizes on the identified business opportunity?

What recommendations will mitigate the risks associated with business opportunities developed as a result of globalization.

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In the automobile industry what would be a problem related to this?

In the automobile industry, a problem related to globalization will be the immense pressure on local industries due to considerable competitive and comparative advantage obtained by few companies. For example, the current bad state of US manufacturers such as For and GM is due to increased pressures of Japanese manufacturers like Honda and Toyota who have utlilized principles of globalization to full extent.

How can it be turned into a business opportunity?

This can be used as a tremendous business opportunity in automobile industry to relocate production centres to countries and regions ...

Solution Summary

Automobile industry- Opportunities

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