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The Global strategy for the foreign and security policy of the European Union, for short the European Union Global Strategy (EUGS), is the updated doctrine of the European Union to improve the effectiveness of the defence and security of the Union and its members states, the protection of civilians, cooperation between the member states' armed forces, management of immigration, crises etc ...
A global city [a] is a city that serves as a primary node in the global economic network. The concept originates from geography and urban studies , based on the thesis that globalization has created a hierarchy of strategic geographic locations with varying degrees of influence over finance , trade , and culture worldwide.
Academic research on global strategy came during the 1980s, including work by Michael Porter and Christopher Bartlett & Sumantra Ghoshal.Among the forces perceived to bring about the globalization of competition were convergences in economic systems and technological change, especially in information technology, that facilitated and required the coordination of a multinational firm's strategy ...
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. [1]
Michael Porter's generic strategies describe how a company can pursue competitive advantage across its chosen market scope. There are three generic strategies: lower cost, product differentiation, or focus. The focus strategy has two variants, cost focus and differentiation focus, so it is possible to see the concept in terms of four distinct ...
EPG Model is an international business model including three dimensions – ethnocentric, polycentric and geocentric. It has been introduced by Howard V. Perlmutter within the journal article "The Tortuous Evolution of Multinational Enterprises" in 1969. [1]
About 50 million customers were sidelined from the luxury goods market by 2024 as prices climbed roughly 20% since 2021, according to Aaron Cheris, a partner and head of global e-commerce and ...
World citizen badge. Global studies – interdisciplinary and multidisciplinary academic study of globalizing forces and trends. Global studies may include the investigation of one or more aspects of globalization, but tend to concentrate on how globalizing trends are redefining the relationships between states, organizations, societies, communities, and individuals, creating new challenges ...