Impact of globalization on the firm’s strategy
1. In a committee meeting of the United Nations you are
considering the following questions:
A.When is international trade an opportunity for workers?
When is it a threat to workers?
B.What are some of the major challenges confronting the
international trading system?
2 . Select a U. S. company with global operations. Discuss
the firm’s activities outside the U.S.
1.Identify which economic concepts, such as comparative
advantage, apply to your firm.
2.Explain how these economic concepts can be used to address
the firm’s problems and opportunities?
3.Identify which economic and political policies affect your
firm and explain how they impact business decisions.
4.How does your firm use technology to strategic advantage?
5.Discuss the impact of globalization on the firm’s cost
structure, markets, currency risk, and overall strategy. Be sure to provide a
definition of globalization in your answer.
