Examples of cost drivers in globalization

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Cost globalization drivers Scale or scope economics, experience effects, sourcing efficiencies, and technology advantages that shape the economics of an industry.-the opportunity for global scale or scope economics, experience effects, sourcing efficiencies reflecting differentials in costs between countries or regions, and technology advantages-shape the economics of the industry.

define how customer behavior distribution patterns evolve, including the degree to which customer needs converge around the world, customers procure on a global basis, worldwide channels of distribution develop, marketing platforms are transferable, and вЂњleadвЂќ countries in which most innovation takes place can be identified. Market drivers How customer behavior distribution patterns evolve. Yip first developed this framework in his book Total global strategy: Managing for worldwide competitive advantage (1992), chaps. Yip identifies four sets of вЂњindustry globalization driversвЂќ that underlie conditions in each industry that create the potential for that industry to become more global and, as a consequence, for the potential viability of a global approach to strategy.

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