Compare and contrast the opportunities and threats facing global Essay

Compare and contrast the opportunities and threats facing global companies in the three Triad markets. To what extent do these differences suggest different app - Essay Example This essay describes multinational corporations, that till two decades ago were vertically integrated and hierarchically organized. Now the multinationals disperse the core activities including the technological development. Today the â€Å"developing countries† are developing cutting edge technology. Software development and pharmaceutical research is being done in India while mobile and telecommunications is concentrated in China. Advanced aerospace work is being done in Brazil. The reason for driving work to these nations is due to the push to cut costs as globalization has heightened competition. In the case of technology development, the basic research and development was done at some central laboratories while the application was carried out at triad production facilities. At the same time there is a pull of growth markets in emerging economies that requires new engineering and technology development. This paper discusses how the strategies in the triad markets have diff ered and the causes thereon. The researcher then presents some examples on the subject, such as UK has used strategies like disruptive innovation apart from having a conservative approach which is responsible for the slow growth in every sector. Japan has a positive approach and believes in having strong vendor relations which has been duplicated by the US. It is then concluded that while threats arise from different factors, opportunities too are plenty and the right strategy is to be at the right place in the right way at the right time.