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- Business Strategy in the Age of Globalization Part 1 - Editor, 25 September 2007
- Business Strategy in the Age of Globalization Part 2 - Editor, 25 September 2007
The industrial climate and opportunities for commerce today are akin to those, which prevailed, in the early days of the Industrial Revolution (Hamel, and Prahalad, 1994). Fundamental changes in the nature of opportunities and in the intensity of competition as well, call for new approaches to the formulation and execution of business strategy.
Business Strategy in the Age of Globalization (Part 1)
How the Chinese Perceive Business Strategy
China, the most populous nation on earth, has been forecast to overtake the U.S. GDP and to become the largest economy on earth by 2020 (Roy, 2006). It is also a country with strong cultural roots and a directive political system. Therefore, its perspective of business strategy is bound to be substantially different from western democratic and capitalist conventions of free enterprise.
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