Key Concept Exercise Internationalisation Drivers And Global

Internationalization drivers and global marketsName:Institutional affiliationInternationalization drivers and global marketsGlobalization is a complex process that involves the following activities. First, is having a plan to expand the business outside the borders. Secondly, is developing a global outlook of the business. Thirdly, the business should incorporating global market considerations in product development and production planning. Fourth, the business must plan on global sourcing resources such as raw materials and labor. Finally, it has to change its business structure and culture to match its globalised outlook. Real estate refers to property such as land and the buildings among other things. The real estate industry deals in the purchase, sale and development of land and buildings. The companies also act as agents for customers intending to buy property such a residential and commercial land or buildings. These services are needed in almost all countries. The company with which I work has already established itself in neighboring countries such as Mexico and Canada. The next target is the Middle East. There are several globalization strategies depending on the nature of the product and services provided by a firm, the financial abilities, knowledge