ADMS 4570 Chapter Notes - Chapter 7: Call Centre, Maple Leaf Foods, Offshoring
Document Summary
Competing internationally present many problems, but it can also provide many opportunities for firms to increase their revenue base and profitability. You must create value and a competitive advantage in the global marketplace. It is estimated that by 2015 trade across nations will exceed the trade within nations. Globalization has helped to transfer nearly trillion from rich countries to poor countries through equity, bond investments, and commercial loans. There is still a lot of poverty and disparities in wealth. In time inventory system they were able to not deal with storage costs and got a competitive edge. Consumers demand environmentally safer products so danish manufacturers became leaders in water pollution control equipment. This enables them to project future demand long before other companies in different nations learn about the style. Leads to the spread of fixed costs over a large volume of production.