Fragebogen Teil 1

Globalization is the interdependents of the countries from each other in the world. That dont mean that everything is the same. Globals drivers in Globalization are China and Europe but the tendenci

less trade barriers encorurage globalization

Vorteile

1. Fewer politic conflicts, through dependencies, Russia is not a good example

2. Everthing is everywhere and always available

3. Use knowledge from other countries

4. wages would be lower —> They reached a certain level of basic wealth

Nachteile

1. Nation are to depended from each other.

2. polute and encourage waste (transporting goods,l building highways

3. levels of employment is different in other counties

4. expoitatation of the develop countries

5. low wages in developing countries

Asia gained a lot of importance, the main driver here is China. North-America and Europe are stable the GDP distribution move to asia. North-America and Germany could react to this through innovatinal products

—> reaction to this is to create more innovation

Cultural:

• Cultural differences

• Negotiation patterns

• Decision making styles

• Ethical practices

Commerical Risks:

Does our strategy fits to other countries. Do find the right partner

• Weak partner

• Operational problems

• Timing of entry

• Competitive intensity

• Poor execution of strategy

—> joint venture with chinese Company to make buisness in China

Country related:

• Government intervention, protectionism,and barriers to trade and investment

• Bureaucracy, red tape, administrative delays and corruption

• Lack of Legal safeguards for intellectual property rights

• Legislation unfavorable to foreign firms

• Economic failures and mismanagement

• Social and political unrest and instability

• curruption

Example= Iran infrastructure set up is good but political not good

Financial:

• Currency exposure

• Asset valuation

• Foreign taxation

• inflationary and transfer pricing

—> instable currencies, can change quickly

—> Investment eaten up by the inflation

Comparitive Advantage:

• Nation has an advantage

  • provide unique benfits

  
  

  
  

Example: Oil in Saudi Arbien, Mass of it workers

Competitive Advantage:

• Company has an Advantage

—> Apple superior advanrage in Marketing

—>Samsung TV panels, Apple

There are 3 Groups of Nation

1. Developing Nations

2. Emerging Nations (China, South America)

3. Advanced Nations (GDP per Capita highest

The Emering Nations are hunting the industry nations. The Emerging Nations try to get to the same level as the industrial countries by coping them. The Emerging Nations are huntend by developed Nations.

Do not sleep