How company's become globally competitive?

Answer:

A certain company would become globally competitive if


  • They must have global competitive workers with diversified skills and expertise is certain regions to produce a global competitive products. It means they must have to hire international experts for their certain target markets. For example if their target markets are in Asia then they must hire Filipinos or Chinese or Indians who knows the culture, taste, and demands in Asia. Why Filipinos, Chinese or Indians? Because the 3 mentioned nationals are having the highest population in Asia and they would tend to be dominant in most markets. Their worker also must have a globally competitive tongue. If they will hire Koreans or Vietnamese then they must have to be sure that such people could be understood by the global customers.


  • Their products or services are globally competitive. Meaning they have the ability and capability to compete their product or services globally with other global competitors


  • They have access to the international markets to compete globally


  • They have enough fund to boast investment or to cater the global demands of their products or services


  • Knowledge and expertise the rules and regulations in competing globally.



See related articles at http://wiki.highkot.com/index.php?title=What_are_the_requirements_for_a_Global_Competitive_Company%3F
First answer by Prince denison. Last edit by Prince denison. Contributor trust: 1 [recommend contributor recommended]. Question popularity: 1 [recommend question].