7 Myths about Business Globalization

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7 Myths about Business Globalization
Marten van der Zee, Analyst, Netherlands
According to Subramanian Rangan in , there are 7 myths or misconceptions about (business) globalization: 1. Any company with money can go global (you have to study foreign markets before penetrating) 2. Internationalization in services is different from products (there is no such difference in internationalization) 3. Distance and national borders matter no more (they do) 4. Developing countries have the best chances to success (if you look at investments in foreign markets, by far the most originate from developed countries). 5. Manufacture where labour costs are cheapest (even if the hourly wages are low, still the costs per unit could be high) 6. Globalization stays forever (it will not) 7. Governments donít matter anymore (as long as people give value to their own collective national identity and want local representatives to make the choices, governments are far from dismissal). Do we agree with these 7 myths? Are there any other globalization misconceptions we have to ad (...) Read more? Sign up for free

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  Globalization Itself is a Myth
Tomas Sigurbjornsson, Student (University), Denmark
  (...)

  More Globalization Myths?
Eric Schmitz, Consultant, Belgium
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  @3: Distance Matters no More...
Alice Savage, Strategy Consultant, Canada
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  Different Kinds of Globalization
Luis Cano, Management Consultant, Mexico
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  National Borders Remain Intact
Ken Kalali, CEO, Kenya
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  @Globalization Myth #4
Gabriel Femi Adewara, Management Consultant, Nigeria
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  It's about Glocalization, not Globalization
DR.VIVEK DIWADKAR., Business Consultant, India
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  Globalization and Local Legal Requirements
Mohamad Nasir Mahmood, Director, Malaysia
  (...)

  Packaging Products and Services for Local Circumstances
joko triyono, Director, Indonesia
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  Globalization is Unstoppable But no Panacea
Ronald Israels, Management Consultant, Netherlands
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  Global + Local
Arif ur Rehman, Professor, Pakistan
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  Globalization is No Myth
Hindrik Koning, ICT Consultant, Netherlands
  (...)


  @3: The World is a Global Village
Benedict Omuya ODIGO, Nigeria
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  #9 Myth: Globalisation is Good for Global Development
Bantwal Prabhu, Teacher, India
  (...)

  @3: Cultural Differences Matter no More
Caspar van Spaendonck, Consultant, Netherlands
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  #10 Myth: Globalisation Will Increase Environmental Protection in Developed Countries
Moise Mungala Tshimbu, Congo, Democratic Republic of the
  (...)

  Myth #11 Global Strategy
Mrs. Josephine Idele, Partner, Nigeria
  (...)

  Globalize or Perish Was the Slogan
Bantwal Prabhu, Teacher, India
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Globalization
Summary
Forum
Globalization After COVID-19: In-house Manufacturing or Outsourcing?
One World, Two Management Systems
🔥The Standardization, Adaptation and Integration Strategy in International Marketing
Best Practices
7 Myths about Business Globalization
🥈Globalisation of Labour
🥉Disadvantages and Negative Consequences of Globalization. CONs
Global Tax on Wealth (Piketty)
Is Globalization Ethical?
Advantages and Benefits of Globalization. PROs
Cultural Globalization
Globalization Forces
Is Globalization an Autonomous Process?
What Leadership Qualities are Required in Global Firms?
History of Globalization?
Globalization and Differentiation
Globalization in Higher Education
Research on Global Marketing
Barriers to Globalization. Obstacles
Local R&D Support versus Global Valorization
What is Globalisation? Definition and Types
Globalisation Changes the Rules of the Game
Succesful International Business
Currencies and Globalization
Does Economic Progress Lead to Social Progress?
How Distances Still Matter in an Age of Globalization
Mapping Out your Strategy to Win in the Frontier Economies
Globalization and Integration


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