Lecture 6: The Global marketplace The Competition Far east Japan -fully integrated products and services China with Hong Kong increase gdp by 23% Korea-autos. steel. electronics laiwan -electronics
Lecture 6: The Global Marketplace • The Competition – Far East • Japan - fully integrated products and services • China with Hong Kong – increase GDP by 23% • Korea - autos, steel, electronics • Taiwan - electronics
The Global Marketplace(cont The Competition(cont South-East asia Singapore- fully integrated products and services Major developing nations Thailand, malaysia, Indonesia Africa · South africa Major develoing nations Mauritius. Botswana
The Global Marketplace (cont.) • The Competition (cont.) – South-East Asia • Singapore - fully integrated products and services • Major developing nations – Thailand, Malaysia, Indonesia – Africa • South Africa • Major develoing nations – Mauritius, Botswana
The Global Marketplace(cont The Competition(cont Western Hemisphere Major developing nations Mexico, Costa Rica, Chile, Brazil, argentina El urope Traditional developed countries England, France, Germany, Sweden, Italy, pain, etc Newly emerging countries: Hungry poland etc
The Global Marketplace (cont.) • The Competition (cont.) – Western Hemisphere • Major developing nations – Mexico, Costa Rica, Chile, Brazil, Argentina – Europe • Traditional developed countries: – England, France, Germany, Sweden, Italy, Spain, etc. • Newly emerging countries: Hungry, Poland, etc
The Global Marketplace(cont The Trade Partnerships North American Free Trade Association (NAFTA) Latin American Free Trade Association (LaFTA South american Free Trade Association(MERCOSUL European Union (Eu) Association of South-East Asian NationS (ASEAN)
The Global Marketplace (cont.) • The Trade Partnerships – North American Free Trade Association (NAFTA) – Latin American Free Trade Association (LAFTA) – South American Free Trade Association (MERCOSUL) – European Union (EU) – Association of South-East Asian Nations (ASEAN)
The Global Marketplace(cont Global Planning Significant external issues international companies have to confront in planning global operations political instability and risk currency instability competition from state-owned enterprises pressures from national governments accusations of disrupting national economic plans accusations of inappropriate technology transfer
The Global Marketplace (cont.) • Global Planning – Significant external issues international companies have to confront in planning global operations. • political instability and risk • currency instability • competition from state-owned enterprises • pressures from national governments – accusations of disrupting national economic plans – accusations of inappropriate technology transfer