The Strategy of International Business Essay Example | Topics and Well Written Essays - 4250 words

The Strategy of International Business - Essay Example This situation has not only reduced the profitability and market share of the local firms, but also has enforced a number of local firms to sell their businesses to the international giants. Hence, the report has elaborated a number of market strategies that can assist the local firms to strengthen their competitive position to ensure their long-term profitability and sustainability. The term ‘liberalization’ describes the process of relaxation of governmental regulations and restrictions in different areas such as trade, economy, social, political etc (Alessandria and Choi, 2014). Globalization has highly influenced the practices of trade and economy related liberalization within different industry sectors of developed as well as developing countries (Dix†Carneiro, 2014). The United Kingdom can be utilized as a successful example which has initiated and efficiently conceptualized liberalization in their different industry segments, mainly the energy segment. The rapid changes in the business processes and trade policies in the globalized economy influences government authorities to modify the trading policies of the nation to accommodate it with the global economy, political regulations and social practices. This intervention of government authorities has allowed a number of industry sectors to avail the facility of free trade in terms of the ir international business venture (Corbet and Robertson, 2014). The further topic will emphasize on liberalization and its impact on the internationalization of businesses. The study will also evaluate the impact of liberalization on the domestically focused business industry in terms of increase in competition within the local and global market. Finally, the discussion will elaborate various strategic reactions which can assist various domestically focused industries of the UK to face the increased competition of foreign competitors. The increasing

Read the sources and summarize them Essay Example | Topics and Well Written Essays - 500 words - 1

Read the sources and summarize them - Essay Example They contributed much towards ending hereditary monarchy and presented the separation of the state and church to end theocracy which were both outstanding achievements during their time (Korten, 2014). The author explains how the original constitution protected the elite bodies of a plutocracy, which is a structure of affluence that precisely endorsed captivity and gave no rights to women, people of color, or Native Americans. He expounds on his theory on plutocracy by showing how the United States is as an empire ruled as a plutocracy not willing to recognize demands by average people of their rights to life freedom and they search for their happiness in a violent manner (Korten, 2014). The article the US constitution authors had acted without considering the right of every individual to life, freedom, and justice for all by giving us governing institutions that represent uppermost face of these democratic principles. The author explains the relationship of the current economy in plutocracy and how the current day economy has influenced the rule experienced by the United States. Plutocracy has been able to combine with the word economy to result to "plutonomy" that shows that income progression is confined to those at the peak of the affluence pyramid. It shows how marketing consultants and investment advisors describe our current economy. The article is by the U.S. Department of Veteran Affairs. The article is used to show how the US military used some bullets made with depleted uranium (DU) when attacking their enemies who used armored vehicles and its amplified usage in the 1990-1991 Gulf war. It further expresses the health dangers it posed on those who were exposed to its chemical toxicity, which equal the chemical toxicity of natural uranium but with a radioactivity of 40 percent or less. It explains ways in which DU can be hazardous to those who had been in a war zone during the period which include penetration of DU