Question:

Need help on 3 questions in personal investment?

by  |  earlier

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1. why many u.s companies do not engage in global market? 2. what does it incadate about its potential for increaseing u.s exports?

3. what does it say about career opportunities in global market?

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3 ANSWERS


  1. First explain the word "incadate".  

    I do not know your age but your question tells me you are not well educated.  Go back 4 more education.  

    Global markets take tons of money to get into.  It can not happen over night.  

    If you want to know about career opps go direct to those companies.  They will answer ALL your questions.


  2. 1.  Actually, you might be surprised by the number that engage in global markets.  I can not tell you what per cent actually do but it is I believe significant especially among mid-sized and large-sized manufacturing companies.  

    Just one example should illustrate the point.

    Lincoln Electric Holdings has sales of $2.3 billion which puts them towards the lower end of lower end of mid sized companies, almost small sized.

    Yet it has plants in 18 foreign countries and derives over 1/3 of its sales from foreign countries.

    You might argue that is just one particular example and rightly so, but there are many, many others too numerous to mention.  I threw it out as an example of a smaller manufacturing company engaging in global markets.

  3. First, many American companies are plenty pleased with an American clientele. The methods and cultural make-up of the people are very appropriate to the American culture, period.

    Similarly, oodles of businesses abroad are not ready for the global marketplace. This is all for the same reasons. They are set and able to take care of business at home, not the nebulous faces and situtions of the broader world.

    One of the problems with the potential of increased U.S. exports is that most U.S. products are designed for American consumers, or in the industrial side, for American industry. One of the problems involves the use of metric over the English-derived measures. Metric has been largely mandated, but culturally spurned. Another are a myriad of standards, such as for electrical current. Finally, some of the problem is that the world is in flux, while globalization and the ISO provide uniformity and standards, many American firms simply don't feel they have time for them.

    As for career opportunities, those always involve a mix of social connections (or the ability to make them when the opportunity arises), expressed and apparent training and ability, and a fair smidgeon of luck. Notice from the above description that Americans are often as disinterested in the global markets, so an interested person, perhaps such as yourself can make the bridge between a firm that could but doesn't. As long as you are bright, honest, multi-lingual, and preferrably multi-cultural, then there will always be room for you in the global market place, no matter what the bulk of business back home is concerned with.

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