7 Myths about Business Globalization

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7 Myths about Business Globalization
Marten van der Zee, Student (University), Netherlands

According to Subramanian Rangan in Mastering Strategy, 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. Manuf... Register

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Tomas Sigurbjornsson, Student (University), Denmark
Pankaj Hhemawat has written extensively about this...

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Eric Schmitz, Other, Belgium
I have not read the book; so I cannot really react...

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Alice Savage, Strategy Consultant, Canada
Spreading your functions (development, manu...

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Luis Cano, Management Consultant, Mexico
Every generalization is dangerous... Even this one...

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Ken Kalali, CEO, Kenya
I agree with Rangan's 7 myths, particularly myth 3...

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Jim Shannon, Other, USA
The defining quality of capitalism aka globalizati...

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Gabriel Femi Adewara, Management Consultant, Nigeria
Myth #4 raises the question as to whether or not d...

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DR.VIVEK DIWADKAR., Business Consultant, India
Glocal customisation ('
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Mohamad Nasir Mahmood, Director, Malaysia
One thing inter alia about going global that needs...

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joko triyono, Director, Indonesia
Globalization is one thing, but knowing each count...

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Ronald Israels, Management Consultant, Netherlands
I think that these myths are too generalized and t...

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Arif ur Rehman, Professor, Pakistan
Globalisation by its very nature has another decad...

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Hindrik Koning, ICT Consultant, Netherlands
Globalisation is no myth, the human race expand...

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Dr. Wilfried Kerntke, Director, Germany
In reality despite globalization, transnational co...

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Benedict Omuya ODIGO, Other, Nigeria
A myth similar to #3: The world has transformed...

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Bantwal Prabhu, Teacher, India
Globalisation has been forced on all the weaker an...

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Caspar van Spaendonck, Consultant, Netherlands
Similar to myth #3: Don't bother about culture ...

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Moise Mungala Tshimbu, Other, Congo, Democratic Republic of the
Not always true. Even developed nations are strugg...

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Mrs. Josephine Idele, Partner, Nigeria
One of the myths of globalisation is that most ...

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Bantwal Prabhu, Teacher, India
Globalize or perish was the slogan ten years back ...

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Shannon, Other, USA
Greed is blind" it is incapable of seeing the harm...


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