Entering the Global Marketplace
Your instructor will assign one or more of you to lead the discussion, as well as to provide a synopsis of the discussion for submission the final day of the module. In this assignment, discuss the advantages and disadvantages of entering the global marketplace and outline the strategic tools necessary to address globalization. Throughout this course, you are expected to bring the knowledge and skills you have gained from other courses in the MBA program into the Forum discussions. Procedure If your instructor has assigned you to lead this discussion, make an initial post identifying the topic in the course Forum to begin the discussion. Describe the advantages and disadvantages of entering the global marketplace and outline the strategic tools necessary to address globalization. Provide specific examples to illustrate concepts. Post your findings to the Forum by Tuesday of this week. Include citations and references (in proper APA style) for your sources. Return to provide substantive feedback to three of your fellow students’ postings. Agreeing with your fellow students’ posts will not suffice – provide both positive and negative feedback pertaining to the post. If you are the leader for this discussion, check in periodically to monitor the discussion and keep it on track. By the final day of the discussion, post a synopsis to the course Forum.
……………….Answer Preview…………………
Many firms usually seek to increase their annual profits. The only way to achieve this is through increasing company’s sales. This is the reason why many firms have decided to look for new markets in foreign nations. As a result of this, they are forced to compete with other companies already operating in those markets. This has had both positive and negative effects to these organizations.
One of the benefits of firms competing on global scale is access to new clients and customers. Selling goods and services to foreign markets is usually………………..
APA
625 Words
