Question

In view of the acceptance of globalization, describe the

competitiveness plan of a real-world international corporation.
Relevant examples should be used to illustrate the explanation.

Answer 1

With the acceptance of globalization, international corporations like Apple have implemented competitiveness plans that involve product innovation, customer-centricity, and efficient global supply chain management.

Step-by-step explanation:

With the acceptance of globalization, many international corporations have implemented competitiveness plans to thrive in a highly competitive global market. One example is Apple Inc., known for its innovative products and strong brand presence. Apple's competitiveness plan revolves around continuous product innovation, customer-centricity, and efficient global supply chain management.

For instance, Apple constantly invests in research and development to introduce new and improved products, such as the iPhone, MacBook, and Apple Watch. This helps them stay ahead of competitors and attract a wide consumer base.

Additionally, Apple focuses on creating a seamless customer experience by integrating its hardware, software, and services. This approach enhances customer loyalty and maintains a competitive edge.

Furthermore, Apple has a robust global supply chain that ensures timely product availability and cost efficiency. By outsourcing manufacturing to countries like China, Apple takes advantage of lower production costs and global market access.