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Globalization and Business: A Case Study of Apple and Foxconn in the US-China Trade War

   

Added on  2022-12-23

14 Pages693 Words1 Views
Globalization and
business
A case study of Apple and Foxconn in the
context of US- China Trade War

Globalization
Globalization is mainly focused on shared
interests of the different economies
Aims at improving their position through
collaborations and strategic partnerships
across borders

Impact of Globalization on current
day businesses
Transmission of technologies and business ideas for the
better development of the systems
Increased scope of marketing operations and the
interconnectedness
Increased competition, technology and knowledge
transfers, growth of mergers and FDIs for improving the
economic situation of the countries in a collaborative
manner

Knowledge needs of international
managers
Knowledge on organizational processes, structure
and market trends
Technological knowledge for continuous
improvements
Conflict resolution in cross- cultural teams

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