Why are some industries apparently more global than others? Identify one and support with your rationale.© BrainMass Inc. brainmass.com March 5, 2021, 1:31 am ad1c9bdddf
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Policy and Strategy
A global industry is one in which the organizations in that industry compete with one another to have a global market presence for the product in concern. Apart from this, these same organizations must benefit from economies of scale and scope (Global Strategic Management, n.d.). To understand why one industry has global advantage over another, it is important to understand the factors or drivers that define a global industry. These factors or ...