Globalization affects different industries in varied ways Consider how customers in other countries may demand different products in terms of quality and cost, or whether globalization offers economies of scale and scope that could create a ny cost savings Global competition can force one industry to accelerate globalization while causing another industry to slow it down Governments, too, can inhibit or encourage global competition to either protect national industries or increase imports exports For every industry, globalization has differing implications In Chapter 2 of the course text, de Kluyver delineates four drivers of globalization and how they explain why some industries are more global than others The drivers include market drivers, cost globalization drivers, competitive drivers, and government drivers To prepare for this Discussion Select a company or industry with which you are familiar Consider how these drivers are affecting your company and industry (or another company and industry of interest to you) What is its extent of globalization in the industry How is it affecting your company's performance By Day 3 Post your response to the following A description of the company or industry you selected and the key drivers of globalization it is experiencing An analysis of how each of the drivers is affecting the company or industry you selected An analysis of how the drivers affect the strategies used by your company or another company in the industry You may use examples from your own experience and or examples from what you have read General Guidance Your original post, due by Day 3 , typically will be 4 paragraphs in length as a general expectation estimate Refer to the Week 1 Discussion 1 Rubric for grading elements and criteria Your Instructor will use the rubric to assess your work Return to this Discussion in a few days to read the responses to your initial posting Note what you have learned and or any insights you have gained as a result of the comments that your colleagues made

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 01, 2024

Globalization affects different industries in varied ways. Consider how customers in other countries may demand different products in terms of quality and cost, or whether

Globalization affects different industries in varied ways. Consider how customers in other countries may demand different products in terms of quality and cost, or whether globalization offers economies of scale and scope that could create any cost savings. Global competition can force one industry to accelerate globalization while causing another industry to slow it down. Governments, too, can inhibit or encourage global competition to either protect national industries or increase imports/exports. For every industry, globalization has differing implications.

In Chapter 2 of the course text, de Kluyver delineates four drivers of globalization and how they explain why some industries are more "global" than others. The drivers include market drivers, cost globalization drivers, competitive drivers, and government drivers.

To prepare for this Discussion:

Select a company or industry with which you are familiar.
Consider how these drivers are affecting your company and industry (or another company and industry of interest to you). What is its extent of globalization in the industry? How is it affecting your company's performance?

By Day 3

Postyour response to the following:

A description of the company or industry you selected and the key drivers of globalization it is experiencing.
An analysis of how each of the drivers is affecting the company or industry you selected.
An analysis of how the drivers affect the strategies used by your company or another company in the industry.

You may use examples from your own experience and/or examples from what you have read.

General Guidance:Your original post, due byDay 3, typically will be 4 paragraphs in length as a general expectation/estimate. Refer to the Week 1 Discussion 1 Rubric for grading elements and criteria. Your Instructor will use the rubric to assess your work.

Returnto this Discussion in a few days to read the responses to your initial posting. Note what you have learned and/or any insights you have gained as a result of the comments that your colleagues made.