One of the strengths of this article is the fact that the author provides several different ways to successfully expand one's companies across international borders. His case studies, which pertain to companies such as IBM, Procter & Gamble, TC Continue Reading...
(Ghemawat, 2001) Ghemawat states that administrative distance in relation to 'preferential trading agreements' involves gold, electricity, coffee, tea, cocoa spices, textiles fibers as well as sugar, sugar preparations and honey. Also included are Continue Reading...
Ghemawat believes that this strategy is wrong. Instead of attempting to import pre-existing business models into areas where a company is expanding, Ghemawat believes that companies need to embrace what he refers to as arbitrage, the ability to exp Continue Reading...
global strategy ought to be to manage the extensive dissimilarities that come about at the borders of markets. Considering this, Professor Pankaj Ghemawat offers a new strategic framework for taking into account the challenges of globalization. The Continue Reading...
Administrative and political distance risk is most seen from the standpoint of legal and financial institutions, the monetary systems and political associations and the role of foreign governments in defining the barriers to entry for foreign busine Continue Reading...
