Multinational Corporations Around the Globe When Considering Term Paper

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Multinational Corporations Around the Globe

When considering the ever-changing and highly competitive global landscape of business today, large firms must be able to effectively globalize their operations in order to reach a greater potential client base, stay at the cutting edge of their respective fields and sustain profitability in the long-term. With the current exponential growth of technology and computerization of business and learning, consumers have become much more connected to the businesses they patronize (Kurzweil, 2001). Due to the variety in the effects of the globalized market realized by different nations and regions, some areas of the world have targeted specific business sectors and have subsequently gained a competitive advantage . The manufacturing industry provides a superb example of an industry that has grown, been geographically compartmentalized, and transformed to meet the ever-changing needs of customers around the world. The strategy and product lines of many companies around the world have been determined by the needs of such clients as well as the economic structures and capacities present in the nations in which they operate.

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Firms like Google, and even Apple to a certain extent, have relied on creativity, ingenuity and innovativeness in the construction of their products, many of which have fallen into the recently devised category of "intellectual" property or goods. Through the use of internet distribution schemes and computerized marketing, these companies have been able to achieve massive global operations while realizing substantial savings in transportation and facility expenses. While the western United States is littered with companies producing intellectual property, other areas of the world continue to rely on more traditionally manufactured products. Latin America and Asia are perfect examples of such regions. The Hangzhou Artsun Garment Company, which primarily manufactures blue jeans in eastern China, is a company whose production and exportation metrics fit a much more conventional model (Global.....

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