Question

In organizing international activities, businesses have been known to follow the seven dimensions for globalizing. What...

In organizing international activities, businesses have been known to follow the seven dimensions for globalizing. What are the seven dimensions used for standardizing of the globalization of a business (whether partially or completely global)?

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Answer #1

In organizing international activities business have seven dimension for standardizing of globalization of a business. these dimensions are helping international business for increase scale and scope of international activities across the borders. seven dimension are following:

1. Market

2. Product

3. Promotion

4. strategy for competitiveness

5. where is value added to product

6. Use of non-home country personnel

7. Global ownership in firm

above all the dimensions are global. these are major challenge for any firm to go with each one.

  

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