ADMS 1000 Lecture Notes - Lecture 7: Joe Fresh, Franchising, Offshoring

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Jeanna

Document Summary

Areas of operations are spread out in different countries, Globalization: significant economic implications, implications on environment, people, government regulations ad interacting with businesses and multinational corporations. An ongoing process, happening and being happening for a long time, integration of national economics, economies being tied to each other, what may effect something in one country may effect another thing in another country. A lot of transactions taking place, more businesses growing, implications of countries investing/foreign investments implications on people and environments, businesses can be more efficient and productive, cheaper to produce an engine. Pull factors: potential for sales growth, obtaining needed resources. Push factors: the force of competition, shift towards democracy, reduction in trade barriers, improvements in technology. Joe fresh: operations in bangladesh, because it costs cheaper for operations, no safety measures, fire. In factory, unethical manner, people died, impacting the country they are operating in.