Category: Business
How to enter a foreign market
Foreign markets can be very attractive to a business looking for new customers, especially when its home market is becoming saturated. Such an expansion, however, needs to be thoroughly researched…
Reasons why outsourcing and global production exists
Global companies place production facilities when costs are lowest. But for some companies costs are only a small part of the production picture. Countries along the world have increased the…
Ford, Honda and global economy of scale
Rising costs and different tastes in car styling made the industry giants to use the global economy of scale. But companies like Ford and Honda chose different ways of development.…
Importance of organizational structure for business
There is absolutely fundamental need in company for a solid structure. Organizational structure concerns who reports to whom in the company and how elements are grouped together. A new company…