Your team attends a trade conference on the subject of globalization.

Your team attends a trade conference on the subject of globalization. They have attended several seminars both advocating and dismissing implementing a global strategy. You return to the office and share some of what you have learned with the team.

“Globalization is a very interesting topic and can get very heated,” you explain. “There are some countries and companies who are fiercely loyal to their homes and would not consider going global. Others see it as a benefit to the company and their customers. Some people here in the states believe that American-made is best because we are contributing to our home country. But, is it? Is it always best to stay domestic? How does this impact pricing? Are you truly helping?”

As your team ponders these questions, you start to think about your position on the topic. Complete the following:

• Should your company go global? Why or why not?
• How does globalization impact the marketplace as a whole?
• Has your opinion changed from the beginning of the course to now?

Weekly Readings

• Strategic Analytics: Integrating Management Science to Strategy: Chapters 10 & 12

• Bashan, A., & Armon, D. (2019). Quality management challenges in a dynamic reality of mergers, acquisitions and global expansion. The International Journal of Quality & Reliability Management, 36(7), 1192-1211. https://doi.org/10.1108/IJQRM-06-2018-0161

• New global c-suite survey reveals need for rewiring corporate strategy development: – 76% of c-suite executives say COVID-19 will impact, or cause them to pivot, their organizations’ medium- to long-term strategy. (2020, Sep 09). PR Newswire

Types of Strategic Alliances in Developing Strategy

https://www.youtube.com/watch?v=vGH5mkNobLw

https://anchor.fm/joe-cappa/episodes/Strategy—Why-Everyone-Cant-be-Harvard-e15de3h

Global Strategy – 3 Types of Global Strategies

https://www.youtube.com/watch?v=GVR7Qos5WIE