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Zink
03-16-2005, 10:52 AM
I was wondering what everyones thoughts were about the current globalization through businesses venturing abroad. Good, bad, whatever. Also, what usually motivates a company to make the commitment to go abroad? (saturated domestic market, lower costs, etc).

I work for a company that is constantly in contact with business looking to venture into foreign markets and I am always interested to hear peoples' views on the topic. Thanks in advance.

-Andrew

anggelina69
12-02-2019, 08:31 PM
If you want to succeed in new geography, you certainly need to have a lot of knowledge from where you want to go.

This is a way of expanding your business overseas that you can take as a first step.

Things you can do include understanding local language nuances, customer requirements and preferences, cultural differences, and the regulations that apply there.

By doing this, you will be able to run industrial operations, then develop the best strategies so that the business can grow and succeed in new markets.

vinitha
12-17-2019, 07:06 AM
Improved transport, making global travel easier. ...
Containerisation. ...
Improved technology which makes it easier to communicate and share information around the world. ...
Growth of multinational companies with a global presence in many different economies.

DeebaDeepali
12-27-2019, 11:21 AM
Beside the extreme changes in innovation, globalization was achieved by the acknowledgment that worldwide extension of a specific business could bring about critical increment in income. Therefore, economies of scale could without much of a stretch increment the benefit of a specific business.

Geetha john
11-17-2020, 12:14 AM
Main reasons that have caused globalisation. Improved transport, making global travel easier. For example, there has been a rapid growth in air travel, enabling greater movement of people and goods across the globe.

jayam12
04-23-2021, 08:30 AM
Main reasons that have caused globalisation. Improved transport, making global travel easier. For example, there has been a rapid growth in air travel, enabling greater movement of people and goods across the globe. Containerisation.

mithu
04-23-2021, 08:34 AM
There are several key factors which have influenced the process of globalisation: Improvements in transportation - larger cargo ships mean that the cost of transporting goods between countries has decreased. Transport improvements also mean that goods and people can travel more quickly. ...

valluri
04-23-2021, 08:37 AM
The most important causes of globalization differ among the three major components of international market integration: trade, multinational production, and international finance.

RaniaRanii3
04-24-2021, 12:09 PM
Principle reasons that have caused globalization. Improved vehicle, making worldwide travel simpler. For instance, there has been a quick development in air travel, empowering more prominent development of individuals and merchandise across the globe. Containerization.

MASTERO
04-26-2021, 01:17 AM
Main reasons that have caused globalisation. Improved transport, making global travel easier. For example, there has been a rapid growth in air travel, enabling greater movement of people and goods across the globe. Containerisation.

RafiGroup21
04-28-2021, 12:11 AM
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MASTERO
04-29-2021, 01:55 AM
Main reasons that have caused globalisation. Improved transport, making global travel easier. For example, there has been a rapid growth in air travel, enabling greater movement of people and goods across the globe. Containerisation.

Bigil
05-04-2021, 10:47 AM
This is a way of expanding your business overseas that you can take as a first step.

jayam12
05-08-2021, 06:10 AM
Main reasons that have caused globalisation. Improved transport, making global travel easier. For example, there has been a rapid growth in air travel, enabling greater movement of people and goods across the globe. Containerisation.

mithu
05-08-2021, 06:14 AM
There are several key factors which have influenced the process of globalisation: Improvements in transportation - larger cargo ships mean that the cost of transporting goods between countries has decreased. Economies of scale mean the cost per item can reduce when operating on a larger scale.

valluri
05-08-2021, 06:17 AM
The most important causes of globalization differ among the three major components of international market integration: trade, multinational production, and international finance.

jayam12
05-10-2021, 07:30 AM
Main reasons that have caused globalisation. Improved transport, making global travel easier. For example, there has been a rapid growth in air travel, enabling greater movement of people and goods across the globe. Containerisation.

mithu
05-10-2021, 07:34 AM
There are several key factors which have influenced the process of globalisation: Improvements in transportation - larger cargo ships mean that the cost of transporting goods between countries has decreased. Economies of scale mean the cost per item can reduce when operating on a larger scale.

valluri
05-10-2021, 07:36 AM
The most important causes of globalization differ among the three major components of international market integration: trade, multinational production, and international finance.

seowebhelp
05-22-2021, 07:16 AM
Main reasons that have caused globalisation. Improved transport, making global travel easier. For example, there has been a rapid growth in air travel, enabling greater movement of people and goods across the globe. Containerisation.

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Steve_12
05-24-2021, 02:34 AM
Main reasons that have caused globalisation. Improved transport, making global travel easier. For example, there has been a rapid growth in air travel, enabling greater movement of people and goods across the globe. Containerisation.

On the one hand it is useful, but on the other hand, it is this active passenger traffic that has caused the high incidence of disease in the world

Muthuraj
05-24-2021, 04:36 AM
The main reason for globalization simplifies the trading from one country to another country. Because everyone gets everything easily from all over the world.

master007
06-08-2021, 10:53 AM
Improved technology which makes it easier to communicate and share information around the world. ...
Growth of multinational companies with a global presence in many different economies.

Bigil
06-20-2021, 05:33 AM
Things you can do include understanding local language nuances, customer requirements and preferences, cultural differences, and the regulations that apply there.

Rahul28
06-26-2021, 02:49 AM
Main reasons that have caused globalisation. Improved transport, making global travel easier. For example, there has been a rapid growth in air travel, enabling greater movement of people and goods across the globe. Containerisation.

MASTERO
06-26-2021, 02:53 AM
Main reasons that have caused globalisation. Improved transport, making global travel easier. For example, there has been a rapid growth in air travel, enabling greater movement of people and goods across the globe. Containerisation.

Bigil
07-15-2021, 11:57 AM
Improved transport, making global travel easier. ...
Containerisation. ...
Improved technology which makes it easier to communicate and share information around the world.

Nags
07-22-2021, 12:46 PM
If you want to succeed in new geography, you certainly need to have a lot of knowledge from where you want to go.

Geetha
07-30-2021, 01:26 AM
Globalization is brought about by heightened interconnectedness through advancements in telecommunications and improved transportation. In other words, it is now possible to establish business and personal relationships in the most cost-efficient manner, in a level that was not possible a few centuries before.

Nags
08-01-2021, 10:51 AM
Improved technology which makes it easier to communicate and share information around the world. ...
Growth of multinational companies with a global presence in many different economies.