Companies have become so globally-oriented, and create so many products and services, that there are no...
Companies have become so globally-oriented, and create so many products and services, that there are no new markets or products left to develop. How would you respond to such a claim?
Homework Answers
This statement cannot be agreed. Due to globalisation international trade relationship become much more stronger and faster. This also helps in sharing technologies and knowledge. People who are innovative and well aware of customer needs can find many product in the new development segment. Mobile application is an example of this . Nowadays many kore digital technologies hitting the market and making revenue through inteligent thoughts and advanced technologies. Thus there are lot of scope of development existing in market which is all about identification of those and develop new ideas which can create a niche market segment.
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Companies have become so globally-oriented, and create so many
products and services, that there are no...
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Often the difficulty in promoting products/services in international markets stops companies from pursuing their global or...
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The rise of olobalization is due to the many companies that have become multinational corporations for various reasons-for example, to access betber technology, to enter new markets, to obtain more raw materlals, to find funding resources, to minimize production costs, or to diverssity business risk This multimarket presence exposes companies to dfferent kinds of risk as weli-for example, political risk and exchange rate risk The relationship between interest rates and exchange rates can be represented through the concept of interest...
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