Going global, thinking local. Explain this phrase, and identify the potential conflicts for a business in behaving
Question:
‘Going global, thinking local’. Explain this phrase, and identify the potential conflicts for a business in behaving in this way.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
By going global businesses generate opportunities to create and benefit from economie...View the full answer
Answered By
Muhammad Khurram
I have strong General Management skills to apply in your projects. Over last 3 years, I have acquired great knowledge of Accounting, Auditing, Microsoft Excel, Microsoft PowerPoint, Finance, Microsoft Project, Taxation, Strategic Management, Human Resource, Financial Planning, Business Planning, Microsoft Word, International Business, Entrepreneurship, General Management, Business Mathematics, Advertising, Marketing, Supply Chain, and E-commerce. I can guarantee professional services with accuracy.
4.80+
249+ Reviews
407+ Question Solved
Related Book For
Essential Economics For Business
ISBN: 9781292728940
7th Edition
Authors: John Sloman, Elizabeth Jones
Question Posted:
Students also viewed these Business questions
-
Q1. You have identified a market opportunity for home media players that would cater for older members of the population. Many older people have difficulty in understanding the operating principles...
-
What is the effect of cultural commoditization and transformation on local traditions and customs? Give an example. Check Chapter 4 in the textbook for information on cultural commoditization and...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Sewing industries is a factory located in Divundu that specialises in assembling mini-sewing electrical machines which are portable and which can be used in close proximity. The business has provided...
-
McLoon, Morse Bros., and T-M Oil Companies were closely held companies entirely owned by members of the Pescosolido family, under the leadership of Carl Pescosolido, Sr. His sons, Carl, Jr. and...
-
What are some of the pros of tailoring rewards to meet the preferences of individual staff members? What are some of the cons of doing that? LO3
-
The World Bank works to alleviate world poverty and provides information about conditions in developing countries, which it uses to measure progress in economic and social development. World...
-
Information related to plant assets, natural resources, and intangibles at the end of 2012 for Lucy Company is as follows: buildings $1,100,000; accumulated depreciationbuildings $650,000; goodwill...
-
Jackson Manufacturing Company purchased a new piece of equipment at a cost of $200,000 at the beginning of the year. For tax purposes, the machine is a Class 8 asset (CCA of 20%). The company has a...
-
Explain the link between the life cycle of a product and multinational business.
-
If reducing costs is so important for many multinationals, why is it that they tend to locate production not in low-cost developing economies, but in economies within the developed world?
-
In Figure uniform beams A and B are attached to a wall with hinges and loosely bolted together (there is no torque of one on the other). Beam A has length LA = 2.40 m and mass 54.0 kg; beam B has...
-
Investigate the Mercedes Benz company and you have to cover this topic " For Business prospects, Market growth, Market quality, and Environmental aspects are three most important factors. Explain...
-
The case study for Goodwill Industries and how they "do good" as a core business strategy. What are Goodwill's competitive advantages? Goodwill has found success in social services. What problems...
-
Cosmic Cals (Pty) Ltd , a seller of personalized scientific calculators, had an inventory of 40 calculators. The value of these calculators is R15 400 each on the 1 January 2022. During the current...
-
Perform an analysis of Best Buy Co. Inc. Your analysis will draw on the Form 10K (as of February 2013). Your analysis can include information prior to February 2013 but should not draw on any...
-
Research organizational structure of a company of your choice. Use your understanding of organizational structure to analyze whether this organization's structure is the best choice for the business...
-
As is often the case in business, we typically find that we must make decisions, or recommendations, on the basis of incomplete, imperfect information. What additional information in this situation...
-
The Higher the time period of the financial security the higher the. ............... risk. O a. Maturity O b. Default and Maturity Oc. Default O d. Liquidity
-
The chapter explains that Social Security benefits are increased each year in proportion to the increase in the CPI, even though most economists believe that the CPI overstates actual inflation. a....
-
Suppose that a borrower and a lender agree on the nominal interest rate to be paid on a loan. Then inflation turns out to be higher than they both expected. a. Is the real interest rate on this loan...
-
In the 1990s and the first decade of the 2000s, investors from the Asian economies of Japan and China made significant direct and portfolio investments in the United States. At the time, many...
-
Which of the following statements regarding traditional cost accounting systems is false? a. Products are often over or under cost in traditional cost accounting systems. b. Most traditional cost...
-
Bart is a college student. Since his plan is to get a job immediately after graduation, he determines that he will need about $250,000 in life insurance to provide for his future wife and children...
-
Reporting Financial Statement Effects of Bond Transactions (please show me how you got the answers) Lundholm, Inc., which reports financial statements each December 31, is authorized to issue...
Study smarter with the SolutionInn App