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- W280807415 abstract "Publisher SummaryAn international strategy deals with the geographic or spatial aspects of strategy. This chapter discusses the main issues that are necessary to complete the argument about coordination of the business system. To talk about the globalization of competition has become a cliche, but that does not make it less true. More and more companies are selling their products on somebody else's markets, up to a point where international competition is, in most industries, a matter of degree, always present to some extent. It is well-known that some basic costs—such as labour, raw materials, or capital—vary widely among countries. Thus, it is not surprising to find that those activities taking up a lot of direct labour—such as steelmaking or toy assembly—are performed in countries where labor costs are low. For the same reason, aluminum is mostly smelted in those countries where electricity is cheap for electricity makes up to a third of the cost of making aluminum. The economists call these differences in basic costs comparative advantages." @default.
- W280807415 created "2016-06-24" @default.
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- W280807415 date "1993-01-01" @default.
- W280807415 modified "2023-09-26" @default.
- W280807415 title "International considerations" @default.
- W280807415 doi "https://doi.org/10.1016/b978-0-7506-1572-3.50011-3" @default.
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