International competition between global companies takes a lot of hard work from a managerial point of view. Companies have to be careful but at the same time they must be aggressive enough to be able to face competition. A global organization must mobilize all its resources against competitors. Several actions can be taken to compete successfully: lower prices or studying each country’s market position. Economies of scale and R&D play a major role …showed first 75 words of 1043 total…

…showed last 75 words of 1043 total…advantage starts building up its position by retaining its earnings which it will start using once its position is threatened, or to fund a move in the global market, exactly like Honda did in the 1960’s when it entered the automobile industry. Global strategies are an efficient way to achieve competitive advantage and success internationally in one condition: managers must be opened to new ideas, and adapt themselves to ever-changing rules. ------------------------------------------------------------------------ **Bibliography** "transnational management"