chapter 9 pp - Chapter9 MGMT650,Globalizationand...

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Wednesday, Septemb MGMT - 650,  Globalization and  Competitiveness, Chapter 9 1 Globalization and Competitiveness Chapter - 9
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Wednesday, Septemb MGMT - 650,  Globalization and  Competitiveness, Chapter 9 2 Those of us in business compete against  other companies and firms worldwide. We  compete to maintain and build on  relationships with existing customers . .. to  gain access to new customers, as well as to  new and emerging markets.    - Albert Bersticker, Chairman and CEO,  Ferro Corp.-   Globalization and Competitiveness
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Wednesday, Septemb MGMT - 650,  Globalization and  Competitiveness, Chapter 9 3 In the next decade, global  competitiveness will separate the  leading companies from all the rest.                             -Caterpillar- Globalization and Competitiveness
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Wednesday, Septemb MGMT - 650,  Globalization and  Competitiveness, Chapter 9 4 There is an increasing desire in every  country for a higher standard of living,  and pressure on political leaders to see  that happens. This creates an  enormous opportunity and a challenge.                        -Jack Welch, CEO-GE- Globalization and Competitiveness
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Wednesday, Septemb MGMT - 650,  Globalization and  Competitiveness, Chapter 9 5 Changing the Competitive  Landscape   Competitive players seek to: 1. capitalize on ever emerging events to get a  competitive edge. 2. converge in a relatively short time around the  most competitive practices.
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Wednesday, Septemb MGMT - 650,  Globalization and  Competitiveness, Chapter 9 6 The competitive scene is  characterized by: 1. Networking at and across local, regional, national, international, and global levels. 2. Investing in particular sites, at home and abroad, is being driven not only by a favorable environment but also by digital infrastructure. 3. A competitive edge is increasingly realized by utilizing instant information. 4. Competitiveness is not confined only to large countries or firms.
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Wednesday, Septemb MGMT - 650,  Globalization and  Competitiveness, Chapter 9 7 The competitive scene is  characterized by: 1. Companies that are not active participants in the global marketplace have done poorly relative to their globally engaged counterparts. 2. Governments compete globally to attract firms and FDI. 3. Consumers worldwide seek to have access to the best available commodities and services.
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Wednesday, Septemb MGMT - 650,  Globalization and  Competitiveness, Chapter 9 8 National Competitiveness  Three General Views: 1. Porter (1990) advances the proposition that competitive advantage is created and sustained through a highly localized process. He argues that a nation's home environment plays a critical role in sustaining competitiveness. That is, the role of the nation has grown rather than declined in facilitating competitive advantage.
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This note was uploaded on 09/21/2011 for the course ECON 101 taught by Professor Flah during the Spring '10 term at Punjab Engineering College.

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chapter 9 pp - Chapter9 MGMT650,Globalizationand...

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