COMMERCE 2KA3 Chapter Notes - Chapter 15: Business Process, Videotelephony, Global Value Chain
29 Mar 2017
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Document Summary
International is architecture: consists of the basic is required by organizations to coordinate worldwide trade and other activities. Must understand the global environment in which your firm operates means understanding the overall market forces/business drivers that are pushing your industry toward global competition. Business driver: is the force in the environment to which businesses must respond and that influences the direction of the business. 3organization structure, 4management and business processes, 5technology platform. Global business drivers can be divided into 2 groups: general cultural factors and specific business factors. Lead towards internationalization result in specific business globalization factors that affect most industries: specific business factors: global markets, global production and operations, global coordination, global workforce, global economies of scale. Global production and operations have emerged with precise online coordination between far-flung production facilities and central headquarters. Global markets and pressure toward global production and operation have required entirely new capabilities for global coordination.
