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Global Competitiveness Paper
The world is moving towards an integrated and interdependent world economy. An economy where in firms are expanding globally to increase their profitability in a number of ways not available to purely domestic enterprises. This step can be clearly seen in the case of the company "Clear Vision" manufacturer and distributor of eyewear which was started in the 1970's by David Glassman. This multinational firm has production facilities on three continents and serves consumers worldwide. This U.S based firm found it difficult to meet the expenses of manufacturing home, to survive in the competitive period Clear Vision had to move import this decision aroused from the fact that importing was low. Clear Vision now wanted to product best products with low cost and high quality thus it decided to manufacture in China assemble in Hong Kong R&D in Japan since Japan has the qualities which ensure cutting edge technology and designing in France and Italy as these two countries posses high skill designers. …
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