Question

Pick a country or an issue that relates to The Impact of Globalization on Business Strategies...

  1. Pick a country or an issue that relates to The Impact of Globalization on Business Strategies
  2. Discuss how corruption affects the The Impact of Globalization on Business Strategies

Homework Answers

Answer #1

Globalization of business strategies is becoming increasingly day by day and domestic companies are becoming a multinational company by uniqueness in product, market differentiation strategy, cost leadership, and innovation but countries level of corruption impacting the globalization on business strategies.
In India, I have experienced during the 2009 Indian national congress government several 2G, 3G spectrum corruption came into the newspaper and government minister changed the huge amount of money against giving licensed to the multinational telecom companies.
Corruption of Congress's government in 2009 badly affected the globalization of business strategies and multinational telecommunication companies withdrawal the investment that they have made and few companies faced a huge loss.

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