Reasons to expand internationally
We are constantly being told that globalization is the new normal, but the challenges of doing business in geographically and culturally different markets can never be underestimated.
We are constantly being told that globalization is the new normal, but the challenges of doing business in geographically and culturally different markets can never be under-estimated. One of the most compelling reasons to go global is to meet the demands of a key account. In the period 1995–2005 many major companies rationalized their supplier base and marginalized or dropped suppliers who could only cover one country or region. Supplier rationalization is a constant threat and suppliers are often faced with the reality of supporting ...
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