Article Take Away The assignment is to read the articles and write a short take away for each…

Article Take Away

 

The assignment is to read the articles and write a short take away for each article.

Use APA format

if you don’t know what a take away is please google it!

 

Answer Preview………… Regional Strategies for Global Leadership. Firstly, globalization of business activities did not imply globalization in cultures across different business markets, which makes it important for businesses to identify various regions in which they engage in business as individual entities and not one global market. Consequently, organizations cannot entirely depend on a homogenous approach to business since the various markets could have a varied understanding of the business, thereby necessitating distinct marketing and products from the company in question. One of the most important take away from the article is the case of application of a portfolio strategy by Toyota (Ghemawat, 2005). Despite the company’s high production efficiency in Japan, it set out to establish a distinct manufacturing center in the United States, which caters to the needs of the American market. This approach to business globalization qualifies as a form of a portfolio approach to business activities. Further, Ghemawat (2005) makes it clear that a multinational company needs to employ different distinct strategies if at all it is to achieve as much success on the global market as it hopes to achieve. For instance, Toyota would not have succeeded based entirely on the portfolio……………..

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