Question

-Explain Friedman’s flat world and the reasons it is important for all businesses, small or large, to understand.

-Propose a plan for how a start-up company can use any of Porter’s strategies to combat competition in a global world.

-Argue for or against the following statement: “The world is not flat (in Friedman’s sense of the term) because many undeveloped countries are not connected electronically."

Answer 1

Answer1:

If your student's area unit speculative why they have to require this course then this case study ought to scare them into turning into a believer within the power of technology in business. I tell all of my students that my goal in life is to ne'er see them on the highest ten worst business choices of all time. If they concentrate on the present course they could simply avoid AN embarrassing moment in business.

Answer2:

Students ought to be able to discuss however a corporation will use Porter’s 5 Forces {to Analyze to research to investigate a business to see however engaging it'd be to enter. Once determinant if it'd be profitable to enter a particular business the corporate would want to see that of Porter’s 3 generic methods it ought to follow to make sure success. Once the corporate is up-and-running it will use Porter’s price chain analysis to look at and redefine its business processes to make sure it's operational as expeditiously and effectively as attainable.

Answer3:

I don't consider the top of the statement. Although several undeveloped countries don't seem to be connected electronically, it doesn't mean these countries don't seem to be connected with the globe; otherwise, folks won't even understand their existence. They can’t reach out that simply, however, the globe will reach them. Also, the U.N. Is that specializing in serving these countries thus sooner or when they'll reach out on their aspect additionally?