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Strategic Management and Strategic Competitiveness

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Strategic Management and Strategic Competitiveness
Paul Warren
Strayer University
BUS 499
Dr. Hase
November 2, 2014

Assess how globalization and technology changes have impacted the corporation you researched What is Globalization? How does it affect a company? What does it do for a country? What are some major benefits of going global? Who are the recipients of these benefits, if there are any? Let’s get started by answering the first question. “Globalization is the increasing economic interdependence among countries and their organizations as reflected in the flow of goods and services, financial capital, and knowledge across country borders” (Hitt, Ireland, Hoskisson, pg. 9. 2013). Starbucks, an American company headquartered in Seattle, Washington is one of the most global companies I know of with more than 20,000 stores in over 50 countries around the world. I have had the opportunity to enjoy the taste of home in at least 5 different countries, which are almost the same as home but more geared to the host country tastes. As you can see, going global allowed for expansion into different markets around the world, which in return lead to countries who supply products to reach those markets as well. For instance, Starbucks by coffee from places such as Africa, Latin America and Asia by doing so this creates jobs in those areas and increases export of goods. These are major benefits from all parties involved. Coffee drinker benefit the most as they get to experience taste from around the “Perpetual innovation is a term used to describe how rapidly and consistently new, information-intensive technologies replace older ones” (Hitt, Ireland, Hoskisson, pg. 10. 2013).
With technology rapidly changing and growing every day, Starbucks has to employ many different forms of technology. Social media has played a major part in the technology era....

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