scispace - formally typeset
Open AccessPosted Content

Globalization of Markets

Govil S. K., +1 more
- 01 Jan 2013 - 
- Vol. 6, Iss: 6
Reads0
Chats0
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.

read more

Citations
More filters
Journal ArticleDOI

Convergence analysis of household expenditures using the absolute β-convergence method

TL;DR: In this paper, the authors examined the convergence of household expenditures, in terms of a possible usage of the standardized, rather than consumer-tailored marketing, mainly on a regional level.
Journal ArticleDOI

Exploring the bank selection criteria in India: scale development and validation

TL;DR: In this article, the authors developed, measured and empirically validated a scale that captures the full dimensionality of selection attributes considered by customers when choosing a bank, and the validity of this scale was tested in accordance with the psychometric scale development procedure.
Dissertation

An international marketing strategy and export performance among Malaysian exporters

TL;DR: In this article, the impact of antecedent factors on the performance of exporting companies in Malaysia through the mediating influence of marketing mix adaptation was examined, and the findings revealed that the marketing mix does mediate this link in some factors while it does not in other factors.
Journal ArticleDOI

Factors That Distinguish Proactive Versus Reactive Exporters: Decisions by Export Firms in a Developing Country

TL;DR: In this paper, the authors explored factors that distinguish proactive versus reactive export marketing strategies of Zimbabwean export companies and identified key variables that contributed most to the discrimination between proactive firms with high levels of adaptation of export marketing strategy against reactive exporters with low levels of adaptive marketing strategy.
Book ChapterDOI

Sociolinguistic superdiversity and asylum

TL;DR: This document breaches copyright, and access to the work will be removed immediately and investigate the claim.
Related Papers (5)
Trending Questions (3)
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?

The paper does not provide a specific definition of global market.