Globalization strategy of Hyundai
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Title: Globalization strategy of Hyundai

Essay Details:

Subject: Business
Author: George S
Date: April 10, 2014
Level: University
Grade: A
Length: 2 / 468

Essay text:

These trends also provide opportunities for the sharing of risks and costs in R&D and production. Globalization is driven by strategic alliances that reflect a shift of company strategies. Globalization is an increasingly important aspect of the automobile industry. In the past decades, the automobile industry has been one of the mains driving forces in globalization. The pattern of globalization followed by the major car makers can so far be split into three stages. The first stage is export. At this stage the goal is to create a car that fits into a worldwide car category. The second stage of globalization comes after the expansion of export...

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