Impact of globalization and technology on VolvoGroup

May 19th, 2015
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Urbana University
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Volvo group, a Swedish-based organization which has headquarter in one of the largest cities of Sweden, Gothenburg. Company claims to be leaders of the market in manufacturing buses, trucks.

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Strategic Management and Strategic CompetitivenessStudents nameProfessors nameCourse titleDateFor the research analysis, I have chosen an internationally and globally recognized company that is Volvo Group which is specialized in manufacturing of trucks, buses and construction equipment. Impact of globalization and technology on Volvo GroupVolvo group, a Swedish-based organization which has headquarter in one of the largest cities of Sweden, Gothenburg. Company claims to be leaders of the market in manufacturing buses, trucks, equipment of construction and engines for industries along with the services of providing solution for financial and after-sale services issues. The Volvo Group has almost one lac employees, giving their services in 19 countries and having sales in more than 190 large and small markets of different countries. The globalization is much similar to internationalization process as it is much time consuming and incremental process. They have adapted the Uppsala Internationalization Process Model to describe their process of globalization. They have defined globalization as an attempt to optimize or for advancement of a business with reference to its systems of configuration and coordination. Thus the globalization process is about bringing amendments in these two main factors of firms that are configuration and coordination Globalization, which is totally like the internationalization process and indicated by the complexit

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