IBM's activity in India
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I need assistance to develop enough information/research to come up with a minimum of 5 pages that address EACH of these questions specifically. Please list references/resources so that I can complete the research. I would like to focus on IBM for this project.
1. Explain firm's activities outside the U.S.
2. Identify which economic concepts apply to your IBM.
3. Explain how these economic concepts can be used to address IBM's problems and opportunities?
4. Identify which economic and political policies affect your IBM and explain how they impact business decisions.
5. How does your IBM use technology to strategic advantage?
6. 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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IBM's activity in India
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1. Explain firm's activities outside the U.S.
IBM has not only sales and marketing offices throughout the world to sell its wide range of IT products and services, but also has numerous research and development centres in countries offering significant comparative advantage in terms of costs and intellectual talent, such as India. Infact, the recent spur in outsourcing activities by companies like IBM to shift most of their research and development work to India has forced IBM to continuously increase their headcount in these countries and reduce the number of R&D and other workforce in USA. More and more companies are going global to capture new markets for their products as well as develop cheap sources for production of their goods and services.
2. Identify which economic concepts apply to your IBM.
Some of the most important economic concepts which apply to IBM are:
1) Comparative Advantage: In the era of extreme competition between companies to capture more and more market share, companies like IBM are setting up offshore operations in countries like India and China to capture significant comparative advantage offered by these countries in terms of costs and available pool of human resources and intellectual talent. The main motive of setting up these operations is to utlilize the concept of comparative advantage which has been made possible by increasing globalization and trade agreements between ...
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