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Conglomeration and Globalization

Conglomeration and Globalization

Two- part question: In this age of globalization, some gurus argue that all industries are becoming global and that all firms need to adopt a global standardization strategy. Do you agree? Why or why not?.

Conglomeration is widely discredited in developed economies. However, in some cases it still seems to add value in emerging economies (see the opening case, Chapter 9, Peng, p.258). Is this interest in conglomeration likely to hold or decrease in emerging economies over time? Why? 2 pages; 2-3 references

 

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Globalization today is driven by international trade and through interaction of various people, companies and governments. When we develop and become a global village the likelihood of succeeding is very high because we work as a team and help each other where necessary. There is a question which is being asked concerning globalization and development of a global standardization strategy in companies that is if it….

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