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International Business – Week Two Discussion Board

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International Business – Week Two Discussion Board

Category: Coursework

Subcategory: International

Level: College

Pages: 2

Words: 550

The Rise of Globalisation
Name
Institution

Abstract
iPhone is my favourite product manufactured by a global company. iPhone is a mobile communication device that is designed and marketed by the Apple Company. The company markets its products all over the world via retail outlets, online shops, direct sales, retailers, resellers and wholesalers. Selling iPhone internationally has several advantages including, increased wealth in countries where sold and increased profit as worldwide distributions allow the company to have a higher profit margin. However, selling iPhone internationally has some drawbacks including, import of counterfeit products and reduced profit during political turmoil. Selling iPhone in the United States alone may have several advantages including easier communication with employees and customers and easy access to information regarding consumer needs and preferences. Some of the disadvantages include a smaller market size, which may lead to reduced profit. Another limitation is that there may be a problem in accessing labour and raw materials. My definition of globalisation remains the same even after reading the chapter and handling the questions as I continue viewing globalisation as an international network that is reshaping our lives and the economy.
Keywords: Apple Company, iPhone, Globalisation
The Rise of Globalisation
iPhone is my favourite product manufactured by a global company. iPhone is a mobile communication device that is design…

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