Globalization and global expansion

Abstract

The global economy has evolved in recent decades as a result of a number of profound transformations that have reformulated many commercial transactions. They have also reformulated production relationships and linked customers to markets, given the technological revolution in all economic fields, the fundamental changes that occurred in the elements of production and its cost, and the logic of the market in The importance of geography, the logic of the global market, and transnational companies has continued to decline in light of globalization that has worked to commoditize everything, thereby opening all fronts of markets to international companies, and their various strategies for expansion. The globalization outputs provided the opportunity to integrate national and regional markets within the global market, and transfer competition from the local market to the global market, and thus imposed a non-national logic for companies that found themselves in light of these transformations, engineering themselves for an expansion strategy necessarily, so there is no place for any company in the local markets and no Local companies possess preferences or exclusive ownership and monopoly of any type of commercial activity, or any segment of consumers, only the global market and the global consumer who decides the presence of any company under the cover of the regulatory system of the World Trade Organization and the religion of market globalization.

Key words: globalization, global expansion, multinationals.أسفل النموذج