Research Paper on:
Global Business Strategic Concepts

Unformatted Sample Text from the Research Paper:
Ecclesiastes, King Solomon wrote that there was nothing new under the sun; everything that is has been before and will be again. Henry Mintzberg has said much the same  about globalization, that there is nothing new about the concept, only the word. As example, he uses the Singer Sewing Machine Company at the turn of the last century.  Singer had presence in nearly every corner of the world, including some highly remote regions of Africa. "Internationalizing" the sewing machine was  one thing. Standardizing structure, procedures, processes and products to the greatest degree possible regardless of local culture is quite another. These are activities and conditions that todays international  businesses must address in order to achieve the greatest degree of success that they can. Considerations Organizational Structure In Singers heyday it  was not necessary to operate at the greatest level of efficiency that was possible to attain within the organization. Greater efficiency was an admirable goal, but the greater issue  was that the company made its products and then sold them, and then repeated the process. The very definition of efficiency was different in the days in which the  only communication possible between company branches in different companies were short, unreliable telephone conversations and surface mail traveling on ocean-going ships. Clearly, each international venue had to be fully  autonomous in its daily operations. There was no option of receiving any type of close management from other parts of the world. Applicability to the Local Area  Some products and services can be of great use in one culture and completely irrelevant in another. Others have more universal appeal and