How Do Companies Use Global Strategies to Gain Competitive Advantage Essay

How Do Companies Use Global Strategies to Gain Competitive Advantage - Essay Example There are various firms which used to operate on local basis and the performance f such firms used to be pretty subdued. But those companies entered the international market only to gain competitive advantage and became major multinational companies. The present study has been conducted in order to analyze how companies use the global strategy to gain competitive advantage. Also the essential success factors of firms to succeed in the international business have been discussed. Add to that it has also been discussed that how companies can fail in the international market due to lack of planning and vision. The firms at the focal point of discussion happen to be the largest retailer in U.K. and the second largest retailer in the world Tesco (Henry, 2008, p. 89). Thesis How companies can use globalization strategy to gain competitive advantage? Analysis Global strategy can be defined as the strategic guide of a company to globalization. On the other competitive advantage can be defined as various ways via which a company can get the extra edge over the competitors. An ideal global strategy of a company should address issues such as the extent of presence in the global market, different strategies that can be adopted to develop strong global presence, the probable barriers to entry into the global markets, different modes of entry into the global market as well as the probable targeted international markets. Academic research on the global strategies came of age during 1980s. This included various research work done by Christopher Bartlett, Michael Porter and Sumantra Ghoshal (Kolb, 2008, p. 92). There are various factors that influence a firm to go global. However, one of the most important of the factors is the drive to get... This paper makes a conclusion that In the modern day business environment globalization is inevitable. Companies look to go beyond the domestic borders to enter new markets and target new customers. There is very little doubt that entering new foreign markets are extremely risky. But with high risks the company gets the opportunity of high return. One of the main objectives of entering the global markets is to gain competitive advantage overt the competitors. This essay stresses that one classic advantage of this has been Tesco as the firm used to be 2nd best retailer in U.K. But as the company decided to enter global markets, Tesco not only became the largest retailer in U.K. but also the third largest retailer in the world. However, there are some issues that a company should keep in mind while entering a global market. One of the major issues is the choice of market entry strategy. While Tesco went for a joint venture which seemed to be quite fruitful for China; the same company d ecided to go alone and use Greenfield strategy to enter U.S. which unlike China happened to be a matured economy. Also it had presence of Wal-Mart. And unlike china Tesco failed to make the same impact. Although there were other external factors but the major issues for failure was internal. Hence to conclude it can be said that despite of all the benefits of globalization a company should concentrate on developing appropriate strategy and execution of it to gain competitive advantages.

Impact of Language Rights (of minorities) in the Field of Education Essay

Impact of Language Rights (of minorities) in the Field of Education - Essay Example In the absence of any other language from the national language, the minorities will obviously face the problems in communicating with the people around them and each and every facet of their life would be badly affected (Thornberry, 1997, 307). The minority language rights not allow make communication easy for the minorities but the significant impacts of language rights of minorities could be traced in the field of education as well (Dunbar, 2001, p120). The essay aims to discuss the effects of language rights upon the education of the minorities and discusses the critical importance of have language rights of the minorities in the society. It has been unveiled from the review of the literature concerning the topic that the importance of granting language rights to the minorities has been realized in most of the countries of the world and this realization and provision of the rights have drawn significant and strong impacts upon the educational achievement levels of the people of t he minority groups. Language Rights of Minorities The countries with multi-ethnic and multicultural population are critically need to implement the laws safeguarding the rights of the minorities because the absence of these rights in such countries could led towards satisfaction among the masses they might led towards social instability. The issue of language rights of the minorities is often viewed in informal and non-state contexts but the issue has been given importance in most of the public institutions that are forced to serve a linguistically diverse citizenry. The language rights of the minorities determine what style, tone and practice of language would be adopted by the public institutions that they could fulfil the requirements of the minorities as well (Tomasevski, 1996, p117). The growing trend of multicultural awareness in the wake of globalization has compelled the countries to think weather or not they should adopt policy of institutional mono-language where only one language dominantly used in the country will be used for communicating with the masses. Many countries now prefer to adopt institutional multilingualism that could not only serve the people of their own country but the minority people could not be able to understand and speak their concerns in the public institutions and places (Baderin, 2005, p15). This is very important for the countries to facilitate the people of other languages and nationality they mostly live in their countries for business or any other work related purpose. In the absence of the language rights, the minority language speakers could never have morally serious complaint about the system of the country and they will not be able to adjust at such places because all of their activities and lifestyle could be badly affected in the absence of language rights (Thornberry, 1997, 307). The neglect of these rights could also lead towards inter communal tension and such society could also be marked with the violation of basic human rights like giving freedom of speech and communication to all of the people of the society (Dunbar, 2001, p120). The language rights for the dominant language speakers exist for centuries and they have been taken for granted because these rights are allotted to them without calling them language rights. Likewise, in many countries the minority language speakers also have certain rights that are legally formulized to determine the dimension of usability of their language