Globalization, business and finance homework help

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YnOryynZr

Business Finance

Description

Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Review this link and research a multinational corporation (this link can be a helpful starting point). Then, answer the following questions:

  • How do the changing technology and the falling barriers to trade and investment reflect the success of this company?
  • How does the company show corporate social responsibility in terms of labor conditions, human rights, fair trade, and the environment?
  • What actions can a multinational corporation take that would make globalization a positive development for the global economy?


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Explanation & Answer

Attached.

1
Globalization
The company I chose to examine is IKEA. IKEA is essentially a multinational group of
companies and one of the largest retailers of furniture products in the world. In its efforts to
expand on a global scale, IKEA has adopted a global standardization strategy raise and sustain its
presence in the international and foreign markets.

How the changing technology and the falling barriers to trade and investment reflect the
success of this company

Technological advancements have enabled the company improve the design of its
furniture, an aspect that has made the designs to meet the dynamic needs of the market
consumers. The changing technology has improved the efficiency of the organization in
executing its marketing strategies in the global competitive market, enabling it to have a cutting
edge in market penetration. Shipping...


Anonymous
Very useful material for studying!

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