Blogs, LinkedIn articles, and other online publications are channels of communication through which people can share their experience, perspectives, and expertise directly with readers—and readers can...

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Blogs, LinkedIn articles, and other online publications are channels of communication through which people can share their experience, perspectives, and expertise directly with readers—and readers can respond via electronic comments. While these electronic channels are usually not as credible as scholarly publications, they are a great way for readers to learn about new topics and for writers to share their insight and expertise with a virtual audience. They are also often supported with references to case studies, reports, and other research.


In this assignment, you will write an article for a virtual, professional audience to share your knowledge of the module resources concerning what globalization is and why organizations consider global expansion.


Prompt


Create an article that could be shared online that defines key terms, explains fundamental concepts, and shares relevant examples as to why domestic businesses should consider expansion into global markets. The article should have a brief introduction that explains what readers will gain from the post, a body that provides content supported with textual evidence from the course resources, and a conclusion that summarizes key takeaways for the reader.


Specifically, you must address the following rubric criteria:




  • Types of Business Environments: Differentiate between domestic and international business environments by defining and providing key characteristics of each type, using supporting evidence.


  • Example Organizations: Identify examples of domestic and international organizations and explain how they meet the criteria for each type of organization, using supporting evidence.


  • Benefits of Expansion: Explain the key benefits of international and global expansion for domestic businesses, providing specific examples and using supporting evidence.


  • Ethical Considerations: Explain the role of ethics in making business decisions regarding expansion to a new market and how ethical decision-making frameworks can be used to help make these decisions. Use supporting evidence as appropriate.

Answered 2 days AfterOct 27, 2022

Answer To: Blogs, LinkedIn articles, and other online publications are channels of communication through which...

Tanmoy answered on Oct 30 2022
53 Votes
Globalization And Organizations Undergoing Global Expansion    4
GLOBALIZATION AND OGANIZATION UNDERGOING GLOBAL EXPANSION
Table of Contents
Introduction    3
Analysis
    3
Conclusion    5
References    6
Introduction
     Globalization is the growing the integration of the economies and societies in which we live in. It is due to globalization, there is rise in the flow of trade with respect to the goods, services, capital, innovative ideas, and movement of the individuals between nations (Alonso-Gamo, Fedelino & Horvitz, 1997). The first wave of globalization began in the 20th century and led to reduce the transportation costs and elimination of trade barriers. The second wave of globalization helped in generating innovative trade ideas, inflow of huge capital resources and exchange of information. We will discuss the impact of globalization on the domestic and international business with examples and the ethical practices they followed towards making decisions and expansion of the business.
Analysis
     It was the domestic small businesses which faced numerous challenges with respect to competition and price wars due to globalization. The domestic businesses were like small fish in an ocean. It was the larger fish which ate the smaller ones for their own sustenance. In order to compete with the big and multinational companies, the domestic players were forced to reduce their prices or had to wind up their business. The only way domestic players were able to survive the impact of globalization and compete with the international ones by adopting automation and establishing a well-integrated relationship. Further, there was a change in...
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