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Globalization and Cemex

In: Business and Management

Submitted By mudasarali
Words 363
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CEMEX successfully invaded the foreign marketsand continuously planning for the expansion. Due to this action of the company, the entire management recognized the benefits and expecting to gain other advantages. Globalization, although viewed as the major challenge for both developed and developing countries, still have the benefits in which CEMEX proved right action for their success.
Introduction
In the issue of globalization, it was identified to move within the corners of two ideas. Firstly, it has a significant impact on any type of company and affects the areas of the globalized markets, capital and investments, technologies,people, flow of information, and the products and services being offered by the company. Secondly, globalizationimpacted on the countries in which the participating globalized companies that reflect on the level of the politics, improvement of the economy, regulatory structures, and on the society. Because of the changes and challenges that are present in the globalization, businesses and countries are in various approaches in the rapid pace of changes.
Benefits on Globalization
CEMEX significantly reduce the cost base incurred in their operation and improve or accelerate the company’s integration of the new acquisitions, such as in technologies. Also, the company is on the track in enforcing the common culture throughout the organizations across the globe which makes the company be aligned with a common goal and aspirations. In this way, the company gained the right position to facilitate the innovation and processes that can help enhance the ability of the company for the production. Together with the help of the technologies, the knowledge of the people can be improved at a level where they can answer the complexities in the globalization. Indeed, the management team can find an easy way to move the other people or the company itself in improving their network for globalization (Wilson, 2003). The organizational leaders believe that through the development of the products, they can also develop new markets as well as new customers. In return, the benefits can be enjoyed through the delivery of the models and finding another route for the sources of revenues. This idea was adopted by CEMEX that excellently play in the international markets by delivering their traditional products

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