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Globalization of Markets

Govil S. K., +1 more
- 01 Jan 2013 - 
- Vol. 6, Iss: 6
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TLDR
The globalization of markets and manufacturing has vastly increased international competition with respect to almost every product all over the world as mentioned in this paper, which is the ability to produce and/or sell goods/services in global markets in open competition with others.
Abstract
Globalization means the ability to produce and /or sell goods/services in global markets in open competition with others. Only the fittest will survive in open competition. There exists comprehensive foreign competition with respect to almost every product all over the world. The globalization of markets has vastly increased international competition. While pursuing the strategy of globalization, the firms have to face the challenges of managing human, technological, physical resources in the foreign markets. The globalization of markets and manufacturing has vastly increased international competition.

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Citations
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Integration-Responsiveness Framework for Chinese MNCs: An Area for Future Study [in Chinese]

TL;DR: Based on a review of extant international business and management literature, the authors examines the global integration and local responsiveness paradigm and its impact on the adoption of international business strategy (IBS) by multinational corporations (MNCs), and determinants that are critical in the process of forming IBS by MNCs.
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A Critical Analysis of Students' Performance within the 3-Year and 4-Year Secondary Education Policies in Ghana

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Marketing Performance of Subsidiaries Operating Abroad: An Integrative Model

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Dissertation

Rethinking Firms’ Offshoring Strategy by Listening to the Voice of End Users: The Impact of Country-of-Origin Cues on Young Montréalers’ Product Evaluation

Xi Chen
TL;DR: In this article, the authors investigate the outcome of firms' cross-border outsourcing practice from a bottom-up (customer-centered) approach, and leveraged on Mandler's schema (in)congruity theory to examine young Montrealers' reaction to products which had various design and manufacturing origins.
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How has the globalization of markets impacted the blasting equipment manufacturing industry?

The globalization of markets has significantly increased international competition in the blasting equipment manufacturing industry, challenging firms to manage resources effectively in foreign markets.

What is market and global buyers?

The provided paper does not specifically define or discuss the terms "market" and "global buyers."

What is global market?

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