COMMERCE 2OC3 Chapter Notes - Chapter 2: Machine Industry, Cost Leadership, Service Design
22 Jan 2017
School
Department
Course
Professor
Document Summary
Boei(cid:374)g"s st(cid:396)ateg(cid:455) fo(cid:396) its (cid:1011)(cid:1012)(cid:1011) d(cid:396)ea(cid:373)li(cid:374)e(cid:396) is u(cid:374)i(cid:395)ue f(cid:396)o(cid:373) (cid:271)oth a(cid:374) e(cid:374)gi(cid:374)ee(cid:396)i(cid:374)g a(cid:374)d a glo(cid:271)al perspective. This state of the art boeing 787 is also global. Used an international team of aerospace companies. Teamed up with more than 20 international systems suppliers to develop technologies and design concepts for the 787. A global view of operations and supply chains. As these global barriers disappear, simultaneous advantages are being made in technology, reliable shipping, and cheap communication. The unsurprising result is the growth of world trade, global capital markets and international movement of people. This means increasing economic integration and interdependence of countries in a word, globalization. Globalization means that domestic production and exporting may no longer be a viable business model; local production and exporting no longer guarantee success or even survival. There are six reasons why domestic business operations decide to change to some for of international operations: reduce costs (labour, taxes, tariffs)
