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Globalization of Markets
Govil S. K.,Jain Rashmi +1 more
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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.read more
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Dissertation
The Effects of Globalization on Strategy Formulation in the German Foundry Industry - An Empirical Study
Abstract: Strategy fonnulation is most critical in times of change and has long been a topic of great interest in the field of strategic management, because the effectiveness of fonnulating the right strategies detennines whether companies are able to change and adapt to their environment, and therefore whether they are ultimately successful. Within the ongoing process of globalization, SMEs also recognize that the competition for market share is global, and that participating in the global economy is no longer a choice but a necessity. Therefore, globalization exposes SMEs to numerous strategic and organizational challenges emanating from a dramatic increase in diversity, complexity, and uncertainty external as well as internal to the company. The thesis aims to provide an answer to the following research question: "Are there any effects of globalization on strategy fonnulation based on resource-orientation and/or market-orientation in the Gennan foundry industry?" The thesis follows a positivistic approach because in the literature a large quantity of data is available about strategy and globalization, which allows the researcher to generate research questions that are tested mainly by the survey. Therefore, the author has used a deductive and quantitative approach, because the theory of strategy making. such as the RBV and the MBV, is used deductively. We have three significant practical implications of this research. First, strategy fonnulation is a blend of resource-orientation and market-orientation. Second, the MBV elements of strategy are overall more significant than the RBV elements of strategy. Especially the size of the finn seems to be important regarding the strategic orientation. Third, who makes strategy detennines the finns response in times of globalization. Overall, the findings join proposals to combine both the market-based and resource-based view when fonnulating strategies. When employed as blend of these two approaches, it encourages managers to think and act in ways that are more entrepreneurial and creative. Following these suggestions can substantially influence the strategy fonnulation and improve the perfonnance.
Dissertation
Integrated Conservation and Development Projects (Icdps): Characteristics of Success and Recommendations for Implementation
TL;DR: In this article, the authors investigate integrated conservation and development projects (ICDPs) and to help improve their future implementation by identifying the underlying philosophies that make ICDPs successful.
Journal ArticleDOI
Technology and Economics Opportunities in South Africa by Hosting SKA
Yu Lu,Ting Lei,Yiming Guo +2 more
TL;DR: In this paper, the authors describe briefly the Square Kilometer Array (SKA) which will be deployed in South Africa as the largest radio telescope ever being built in the world and analyze detailed the proportion relations between Research and Development Expenditure and Gross Domestic Product (GDP) which have occurred in England, Canada, South Africa, China and other countries being involved in SKA program respectively for recent 20 years.
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