Sunday, August 25, 2019

Globalization Strategies Essay Example | Topics and Well Written Essays - 3500 words

Globalization Strategies - Essay Example This essay stresses that sophisticated ERP models are obligatory if the operation wishes to incorporate material planning with customer demands and supplier subsidiaries, both internal and external, as well as various means of distribution channels. While there are numerous strategies that can help an organization become successful on a global scale, the best strategy to use is highly dependent upon the individual company. Some, such as Nike, are built almost exclusively on close relationships with subcontractors while others, such as Zara clothing, excel thanks to a highly integrated, centrally located headquarters. Strategies will depend upon how the organization expands its base, whether through the acquisition of other firms, the development of subcontractors or the building of new facilities, as well as the type of products or services the organization has to offer. This paper makes a conclusion that locations will have an effect upon best strategies as well, as different laws, taxes, incentives and regulations will all determine the resources and practices allowable in a given area and the overall cost of production. In the end, the best way to determine best global strategy for an individual organization is through careful analysis of the company’s goals and ethics, products offered, supply and distribution chains, resources, level of technology, legal and regulatory considerations and production processes before determining which strategy will provide for the most efficient, economic and ethically balanced combination as a means of attracting and retaining consumers.

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