International Business: Competing in the Global Marketplace
12th Edition
ISBN: 9781259929441
Author: Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher: McGraw-Hill Education
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Chapter 1, Problem 1CDQ
Summary Introduction
Case summary:
The case deals with the global strategy of Company U. The strategy is said to be ride-for-hire. With this strategy, Company U decided to develop their market share in the metropolitan areas. However, in State B and State D, Company U was banned, as the critics stated that they are using the similar business model which would hurt the start-up.
To determine: Whether the business model of Company U can be applied to other industries globally.
Introduction:
Globalization is the process used by the company to influence their business internationally and the process of doing business globally.
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