Quick Answer. Drivers of the globalization of firms include government, competition, cost globalization and market drivers. Globalization has also been driven by technology, including use of the Internet, mobile phones and satellite-tracking technology. Drivers of Globalization: Integration. The first part of this research paper will define the major drivers of globalization and then introduce some of the. List the major drivers of globalization and give three examples of each. Globalization major drivers can be expressed as both the decline of trade and investments, and the role technology plays in change. The decline of trade and investments can include international trade, and foreign direct investments (FDI).

Government globalization drivers include common product and technology standards, a benign regulatory climate and favorable trade policies. Government drivers are important in forming the competitive environment because of the presence or absence of favorable trade policies; government-operated competitors or customers; and technical standards. The actions of competing firms define competitive globalization drivers and create interdependence between geographical markets. High levels of competitive diversity, industry change and trade increase the potential for globalization.

Differential costs and global scope economics are cost globalization drivers. The belief that a single market is no longer large enough to support a competitive strategy is at the heart of cost globalization drivers. Market drivers define how customer distribution patterns evolve and focus on the steady convergence of customer needs. The marketing of standardized products and services as consumers in different regions demand similar products is a driver of globalization. Changes in technology have made it easier to communicate around the world and have therefore driven globalization.

However, there are major differences in technology between countries around the world.

There are many drivers to the political, social, economic,  technological and linguistic phenomenon of globalization. These  include the global standardization of business, products and  consumer expectations from multinational corporations. There have  also been the elimination of political borders and barriers such as  through the European Union and liberalization of visa regimes  throughout the world. Also the internet, English language, and  Americanization altogether remains continuing forces behind  globalization. INTERNATIONAL FIRM - simply do import and export - operates in foreign countries through licensing and franchising - managed by nationals of home country - concentrates in som e countries or regions  * GLOBAL FIRM - invests and is present in many countries - has affiliates, subsidiaries and branches in many countries - draws resources such as labor,capital and materials from a global pool - pursues global business strategy.  * An International firm can become a global firm by pursuing global business strategy. There are two forces that are driving the outsourcing of goods,  services, and target market demographics.

The first regards  macroeconomic industrial restructuring under gl obalization. This  has involved the outsourcing from Western economies to the  developing and rising economies. Drivers In Labview Vi. Specifically these have been in  the context of the BRIC (Brazil, Russia, India and China) states.  The second force has been seeking decreases in labor cost, through  shifting production to these economies for export. Unraid Serial Crack. Marketing has  corresponded to these shifts by focusing on these new and emerging  markets.