CSR- Colonial Sugar Refining Co. Ltd
Drivers of globularisation
Many factors have contributed to the growth of world(a)isation. approximately emergency to maximise profits for their shareholders and will therefore stress market opportunities wherever they can be exploited. As salutary as seeking worldwide market opportunities, spherical dividing linees seek to minimise costs and will therefore investigate payoff facilities worldwide, they seek to beat trade tariffs by establishing subsidiary companies in overseas markets.
·         CSR operates in a range of countries and/or markets to maximise sales and profit for its shareholders.
·         CSR market research identifies growing markets and where the silk hat resources are available helping to gain efficiency and competitiveness
·         CSRs global location facilitates the flow of goods and finances between countries
·         As global markets became more homogeneous it became easier for CSR to produce and supply goods into a categorisation of countries such as New Zealand and America
·         With advances in technology it has occasion cheaper and transport and communication is more efficient enabling CSR to conciliate in a variety of locations and transport goods to its widespread market
CSR has been encourage in its global expansion through
·         A reduction in protection such as tariffs
·         Grants for entering new countries and markets
·         cookery of infrastructure such as roads, railway and telecommunication
·         Deregulation of the fiscal market allowing the easy movement of finance to new countries
·         The allowance account of contrasted banks to operate in Australia making it easier for CSR to access finance
Global business strategy
CSRs expansion has included:
·         Exporting domestic surplus products into global markets this has low financial risk, low levels of capital needed, a senior high degree of flexibility and there is government assistance provided
·         Establishing foreign manufacturing plants such as building materials in the USA, New Zealand and...
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