Impact of globalization and the Internet on corporations
Not what you're looking for?
The impact of globalization and the Internet presents real challenges for corporate strategic planners across the world. What is the impact of globalization and the Internet on corporations? Why is astute strategic planning a must in today's competitive business world?
Purchase this Solution
Solution Summary
This posting examines how technology and globalization has changed the face of how corporations do business. It provides a few examples to solidify the concept.
Solution Preview
In the past globalization seemed to have the most impact on manufacturing and distribution for companies. Companies could outsource their production to China, India or even Latin America, and have them manufacture goods at a cheaper rate, as both labor and materials are cheaper. These products were then sold at in a retail environment.
However, with the popularity of the internet, there is a second wave of treats. Now, individuals from across the globe could open their own stores and sell directly to clients. It is no longer a manufacturing issue.
Let me elaborate.
For example, wedding dresses is a huge business. In the past a bride would go to her local shop, try on ...
Purchase this Solution
Free BrainMass Quizzes
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Accounting: Statement of Cash flows
This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.