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Competing internationally | Business homework help

  1. How might a company or industry position itself to take advantage of globalization rather than be defeated by it?
  2. How has the structure of the pharmaceutical industry changed over time?
  3. What are the advantages and disadvantages of globalization from a Canadian consumer’s point of view? What about from a Canadian manufacturer’s point of view?
  4. Globalization impacts virtually every industry. Give an example of an industry and explain some ways in which it has been impacted by globalization.
  5. From an economic perspective, why should a U.S.-based company be concerned if an earthquake, tsunami, or nuclear power plant accident occurs in Japan?
  6. What does this mean? “Globalization began in the 19th century when technological forces and disintegration of trading monopolies drove down price wedges.”
  7. Explain how globalization has forced companies to compete internationally to increase efficiency.

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