Current business environment in your own country

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"No organization can stand still. At the very least, the costs of running a business will increase year on year; prices of raw materials will rise, staff will expect higher wages, and rent will go up. This means that you must increase your output every year. And in time, you will inevitably reach a point where you cannot increase sales further in your current situation. At this point you will need to make a bigger change; this is the time to change your strategy. Strategies exist at many levels, from those that move the whole business forward to those that develop the individuals working within it".

Question 1: Discuss the case above in context to the current business environment in your own country

Question 2: With reference to three global companies, relate how they have managed to strategically move their businesses forward

Question 3: Discuss the possible procedures those global companies have used as identifying signposts that confirm they are headed in the right direction and making good progress on their journey

Question 4: "A strategy has more than the destination in mind". Discuss practical evidence of this scenario in relation to globalization and deglobalization

Reference no: EM133257598

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