Global business and multinational firm module coursework Essay

Global business and multinational firm module coursework - Essay Example e better part of the 21st Century, there are corporations developing in other countries that have begun to aggressively assert themselves in the global economy in an attempt to further their own monetary interests. What this means is that while the ideology of globalisation used to only benefit a few countries, it is now benefiting many more and that is allowing for globalisation to be accepted in many more places than it was previously. Globalisation is no longer just a one-way process of benefits going from East to West, but it is now an ideology that can benefit all parts of the world equally if growth continues. If China was to become the world’s largest economy, the changes that would occur would be minimal, since China has a labour-based economy. International trade is something that will always be debated because it is interesting to see who has the advantages and why. The most common manner by which to explain the advantages that certain countries have over others in trade in by using a comparative advantage model. There will always be different scales because of the various differences between countries’ finances, education levels, population, demographics, resources, and other factors. China is a country that has traditionally been used for its labour, due to its extremely high population and its lack of good paying jobs. The variable in this situation is that Chinese companies are beginning to use globalisation to their advantage, with one such company being Acer, which is a computer company. Acer is the world’s fourth largest personal computer manufacturer and it also builds servers, storage devices, LCD monitors, high-definition TVs, peripherals, as well as provides â€Å"e-business solutions for busine ss, government, education, and home users† (About Acer). Acer also has developed a unique business model called the Channel Business Model which uses supply-chain management to ensure that new technologies, competitive pricing, and quality service