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Happy New Year! Happy Year 2013 of Going Global!
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The Indian government may allow Swedish furniture retailer IKEA to follow its global model and open stores with cafeterias that feature their signature meatballs. Commerce minister Anand Sharma said on Wednesday that the government has taken a favourable view of the matter.Apparently, IKEA has a global business model and feels it ought not change it for anybody or any country.
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Through expansion overseas, they aim to gain access to new distribution channels, international managers, brand recognition and technological expertise in global markets.Read the entire article: 13 Chinese Companies Going Global in 2013
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Those who are dazzled by China often forget that much of the rapid growth before 2008 was caused by the shift of global manufacturing from Europe and the U.S., not by domestic-oriented activity. China’s economy remains export-driven, with consumers accounting for only 38 percent of gross domestic product, far below the levels of many developing and developed countries.See if your guess matches up to this article.
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"A Kuwaiti company’s future today is in investing outside of Kuwait and not just within the country.” With globalization and the subsequent removal of boundaries, he affirmed that a successful business is one with a global mindset.Fakhro is the chairman of KPMG’s Middle East and South Asia sub-region and the managing partner of KPMG’s Qatar and Bahrain practices. He is also a board member of KPMG Europe.
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Forty years ago, there were only a handful of truly "global brands" and they were made up of only the biggest corporations -- Coca-Cola, PepsiCo, Colgate-Palmolive, IBM, Shell. Then a rash of upstarts came along, such as Nike, Microsoft, Apple, and Honda, and pushed their brand reputation further than their actual sales footprint. But now that barriers to international trade have come down and the Internet has helped small and mid-sized companies compete on the global stage ...She covers:
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To be successful you must be inclusive, that is, you must give up misplaced sentiments of ethnocentrism and seek to learn, really learn, about the native culture you hope to market to from the native culture you hope to market to. You can’t take a U.S.-centric approach.She also tells us something you may not already know, that is, if you just started using the Internet today:
So you think global markets are just for the big guys? Think again! The truth is, small companies can tap into one of the many rapidly emerging markets. In fact, everything is global these days.Read the entire article: Going Global: It's Not About You; It's About Them
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Operated by the U.S. Department of Commerce as a collaborative effort with 19 other agencies, Export.gov is a goldmine of information, tools and programs for anyone looking to succeed in the global marketplace.In 2013, make it the year to learn, leverage and go global!
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Today's Global Trends 2030 report by the National Intelligence Council predicts that, "By 2030, no country—whether the US, China, or any other large country—will be a hegemonic power." Considering that this has already been true for quite some time, it's a safe bet.Read the entire article here.
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... make your customers happy.
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While this series will provide plenty of social and economic color on Southeast Asia, it is not intended to be read as an exhaustive course study on any one particular country. Rather, it should be viewed as an outline that offers the reader a glimpse of the region, and collective emerging countries that don’t get their fair share of mainstream media attention.Learn more here.
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Director-General Pascal Lamy, in his annual report to members on developments in the international trading environment, said: “The world needs a renewed and stronger commitment from all Governments to revitalize the multilateral trading system that can restore economic certainty at a time when it is badly needed. The policy determination to resist inward-looking policies seems to be faltering in some countries, even as the world economy needs more trade to stave off recession.”Learn more here.
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Chinese astronauts are preparing to grow fresh vegetables on Mars and the moon after researchers successfully completed a preliminary test in Beijing, state media reported.Read the full story here.
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The top 50 fastest-growing cities, by GDP per capita, are practically all in the developing Asian world. The top 18 are in China. The rest are in China, Indonesia (Jakarta), India (Chennai), and Australia (Perth).Where are the fastest shrinking cities in the world?
Of the world's fastest-shrinking cities, 42 of the bottom 50 were in the EU. The others included Dubai, Adelaide, Australia, and Albuquerque.What does it mean?
Photo courtesy: ©Laurel Delaney 2012, "Whole Foods Customer Suggestions" |