Multinational firm's global operations
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Select a U. S. company with global operations. Write a page project in which you do the following: 3-4 pages
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.
Use the Cybrary, unit resources, and the Internet to find information. One resource is Hoover's Pro, available through the Cybrary.
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Solution Summary
We select US company IBM for this assignment.
IBM has established offshore research and information technology development centers in India. These centres also act as remote support centres for IBM. Most of the research and development, information technology applications and support functions of IBM are being carried out of India.
Solution Preview
We select US company IBM for this assignment.
IBM has established offshore research and information technology development centers in India. These centres also act as remote support centres for IBM. Most of the research and development, information technology applications and support functions of IBM are being carried out of India.
IBM, like many other global US companies, is cashing out on the globalization boom. Indian labor force not only offer competitive advantages in terms of cost saving, but also display superior technical knowledge as compared to US work force. The advantages offered by the conditions prevailing in India encouraged IBM to open huge facilities in India. The abundant supply of skilled labor force at lower costs extremely benefitted IBM.
This move has not only lowered IBM's overhead, research ...
Education
- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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