M4D1: Challenges Globalization Presents to International Business No one can den
ID: 431195 • Letter: M
Question
M4D1: Challenges Globalization Presents to International Business
No one can deny that today’s world presents unique challenges for the present and future workforce. Politicians, professors, and business professionals all have different opinions on whether globalization is good or bad. In this activity, you will solidify your understanding of globalization and how globalization affects international businesses. For this discussion, identify an organization in your city, state, or country that promotes globalization. San Diego, CA
For this discussion activity, respond to the following prompts.
Provide a clear and specific explanation of some of the global actions advocated by the institution that you have identified.
Describe how this institution facilitates international trade. Is there e-commerce? Are actual goods transferred?
Based on your review, explain what the biggest challenges could be to this institution operating globally.
Explanation / Answer
Ans:- Let's take an example of Apple. Some of the global actions advocated by Apple are:-
a). Outsourcing of manufacturing facilities of Apple.
b). Hiring of best talents from across the world.
c). Doing business from some of the best suppliers in the world.
d). World-wide branding strategy with supeior technology and asthetic appeal.
Apple facilitates international trade by manufacturing it's products in China and other locations. It is easier for Apple to sell it's product in Asia. There is also integration of Apple with various E-Commerce websites and telecom companies, which promotes the sales. Actual goods are also transferred from one location to other.
The biggest challenge faced by Apple to operate globally is:-
a). Trade tariff war between America and China.
b). Competition by local brands.
c). Regulatory and compliance rule of different countries.
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